Susquehanna International Group Portfolio holdings
Susquehanna International Group (SIG), founded in 1987 by Jeff Yass and a group of friends, is a privately held global quantitative trading and technology firm headquartered in Bala Cynwyd, Pennsylvania. Specializing in trading equities, fixed income, commodities, derivatives, and ETFs, SIG has grown into a major market maker, handling around 600 equity options and 45 index options across exchanges like the CBOE, while employing over 3,000 people worldwide. The firm leverages a data-driven, probabilistic approach—rooted in the founders’ poker-playing days—to provide liquidity and competitive pricing in financial markets, with additional ventures in private equity, venture capital (notably an early investment in ByteDance, TikTok’s parent company), and sports betting analytics. Known for its innovative culture and use of game theory, SIG operates offices across North America, Europe, Asia, and Australia, maintaining a low-profile yet influential presence in global finance.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
Boeing
BA
|
+$923M |
| 2 |
Walt Disney
DIS
|
+$710M |
| 3 |
Bank of America
BAC
|
+$510M |
| 4 |
Amazon
AMZN
|
+$481M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$393M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$2.65B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$678M |
| 3 |
Micron Technology
MU
|
+$514M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$327M |
| 5 |
Alibaba
BABA
|
+$307M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.39% |
| 2 | Consumer Discretionary | 1.19% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.93% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1751
PUT
Knight Transportation
KNX
$11.2B
| $9.73M | ﹤0.01% |
297,600
-444,500
| -60% | -$14.1M |
|
1752
CALL
Transocean
RIG
$6.49B
| $9.72M | ﹤0.01% |
1,115,800
-4,579,600
| -80% | -$39.2M |
|
1753
General Mills
GIS
$20.2B
| $9.72M | ﹤0.01% |
187,772
-423,939
| -69% | -$19.2M |
|
1754
CALL
Agilent Technologies
A
$42.2B
| $9.68M | ﹤0.01% |
120,400
+25,000
| +26% | +$1.9M |
|
1755
CALL
Markel Group
MKL
$22.8B
| $9.66M | ﹤0.01% |
9,700
+400
| +4% | +$406K |
|
1756
PUT
Fluor
FLR
$7.08B
| $9.65M | ﹤0.01% |
262,300
+68,400
| +35% | +$2.5M |
|
|
UNIT
1757
PUT
Uniti Group
UNIT
$2.25B
| $9.61M | ﹤0.01% |
858,900
-603,300
| -41% | -$8.83M |
|
1758
PUT
Elastic
ESTC
$7.94B
| $9.61M | ﹤0.01% |
120,300
+100,700
| +514% | +$8.41M |
|
|
WBT
1759
CALL
DELISTED
Welbilt, Inc.
WBT
| $9.59M | ﹤0.01% |
585,300
+562,000
| +2,412% | +$8.2M |
|
1760
CALL
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $9.56M | ﹤0.01% |
204,400
+82,500
| +68% | +$3.76M |
|
|
KYNB
1761
CALL
Kyntra Bio
KYNB
$28.6M
| $9.55M | ﹤0.01% |
7,032
+3,412
| +94% | +$4.63M |
|
1762
CALL
Pool Corp
POOL
$7.32B
| $9.55M | ﹤0.01% |
57,900
+38,400
| +197% | +$5.96M |
|
1763
CALL
Essex Property Trust
ESS
$18.2B
| $9.54M | ﹤0.01% |
33,000
+4,900
| +17% | +$1.34M |
|
1764
CALL
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.3B
| $9.54M | ﹤0.01% |
680,900
-91,300
| -12% | -$1.34M |
|
|
LLL
1765
CALL
DELISTED
L3 Technologies, Inc.
LLL
| $9.53M | ﹤0.01% |
46,200
-1,100
| -2% | -$218K |
|
1766
CALL
Invesco Senior Loan ETF
BKLN
$6.75B
| $9.51M | ﹤0.01% |
420,200
-616,300
| -59% | -$13.9M |
|
1767
CALL
Lamar Advertising Co
LAMR
$15.6B
| $9.51M | ﹤0.01% |
120,000
+106,900
| +816% | +$8.08M |
|
1768
CALL
Ventas
VTR
$44.6B
| $9.51M | ﹤0.01% |
149,000
-175,500
| -54% | -$11M |
|
|
LOGM
1769
CALL
DELISTED
LogMein, Inc.
LOGM
| $9.48M | ﹤0.01% |
118,400
-20,400
| -15% | -$1.74M |
|
1770
CALL
NCR Voyix
VYX
$1.11B
| $9.48M | ﹤0.01% |
566,425
+375,552
| +197% | +$6.22M |
|
|
LLL
1771
PUT
DELISTED
L3 Technologies, Inc.
LLL
| $9.47M | ﹤0.01% |
45,900
+5,700
| +14% | +$1.13M |
|
1772
PUT
Eaton
ETN
$178B
| $9.47M | ﹤0.01% |
117,500
-257,100
| -69% | -$19.6M |
|
1773
PUT
Marvell Technology
MRVL
$191B
| $9.47M | ﹤0.01% |
475,900
-105,800
| -18% | -$1.98M |
|
|
PVTL
1774
CALL
DELISTED
Pivotal Software, Inc.
PVTL
| $9.46M | ﹤0.01% |
453,900
+223,700
| +97% | +$4.37M |
|
1775
Intuitive Surgical
ISRG
$142B
| $9.44M | ﹤0.01% |
49,608
-358,335
| -88% | -$63.7M |
|
Similar funds
Susquehanna International Group's Q1 2019 Portfolio in Review
As of Q1 2019, Susquehanna International Group held 10,685 positions worth $243B, down 3.3% from $252B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group withdrew a net $43.7B in Q1 2019, closing 1,970 positions and reducing 3,279 holdings. Its most notable exit was State Street SPDR S&P 500 ETF Trust, an estimated $678M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.4% of assets, down from 2.3% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Susquehanna International Group opened a new position in iShares China Large-Cap ETF worth $192M.
- Susquehanna International Group's largest Q1 2019 buy was iShares China Large-Cap ETF: 4,340,587 shares worth $192M.
- Susquehanna International Group added most to Boeing in Q1 2019, an estimated $923M increase.
- Susquehanna International Group's biggest Q1 2019 reduction was Apple, cutting an estimated $2.65B.
- Susquehanna International Group fully exited State Street SPDR S&P 500 ETF Trust in Q1 2019, selling an estimated $678M.
- Susquehanna International Group's ten largest holdings make up 25% of its $243B portfolio in Q1 2019.
- Susquehanna International Group opened 1,860 new positions and closed 1,970 in Q1 2019.
- Susquehanna International Group's portfolio value fell 3.3% quarter-over-quarter to $243B.
Based on Susquehanna International Group's 13F filing for Q1 2019, filed 15 May 2019.