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 | |
|---|---|---|---|---|---|---|
1801
CALL
SAP
SAP
$242B
| $9.28M | ﹤0.01% |
80,400
+59,300
| +281% | +$6.31M |
|
1802
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$336M
| $9.27M | ﹤0.01% |
4,446
+464
| +12% | +$1.11M |
|
1803
PUT
Range Resources
RRC
$9.5B
| $9.25M | ﹤0.01% |
823,100
-45,300
| -5% | -$491K |
|
1804
CALL
Perrigo
PRGO
$1.78B
| $9.23M | ﹤0.01% |
191,600
+62,100
| +48% | +$2.91M |
|
1805
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $9.22M | ﹤0.01% |
172,000
-148,800
| -46% | -$7.78M |
|
1806
PUT
NCR Voyix
VYX
$1.11B
| $9.2M | ﹤0.01% |
549,473
+361,697
| +193% | +$5.99M |
|
1807
PUT
Scorpio Tankers
STNG
$3.72B
| $9.18M | ﹤0.01% |
462,800
+437,290
| +1,714% | +$8.29M |
|
1808
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $9.18M | ﹤0.01% |
92,000
+33,000
| +56% | +$3.23M |
|
|
SLCA
1809
CALL
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $9.18M | ﹤0.01% |
528,600
+270,300
| +105% | +$3.87M |
|
1810
CALL
Equitable Holdings
EQH
$14B
| $9.16M | ﹤0.01% |
455,000
+101,200
| +29% | +$1.93M |
|
|
SAFM
1811
CALL
DELISTED
Sanderson Farms Inc
SAFM
| $9.12M | ﹤0.01% |
69,200
-6,200
| -8% | -$743K |
|
1812
CALL
Alnylam Pharmaceuticals
ALNY
$29.6B
| $9.12M | ﹤0.01% |
97,600
-114,300
| -54% | -$9.56M |
|
|
THS
1813
PUT
DELISTED
Treehouse Foods
THS
| $9.12M | ﹤0.01% |
141,300
+128,500
| +1,004% | +$7.58M |
|
1814
PUT
Pultegroup
PHM
$25.2B
| $9.11M | ﹤0.01% |
325,900
-446,400
| -58% | -$12.2M |
|
1815
PUT
Innovative Industrial Properties
IIPR
$1.67B
| $9.09M | ﹤0.01% |
+111,300
| New | +$7.53M |
|
|
1816
Range Resources
RRC
$9.5B
| $9.05M | ﹤0.01% |
805,268
+741,747
| +1,168% | +$8.05M |
|
|
MDCO
1817
PUT
DELISTED
Medicines Co
MDCO
| $9.04M | ﹤0.01% |
323,300
+82,300
| +34% | +$1.94M |
|
1818
PUT
Cirrus Logic
CRUS
$6.11B
| $9.03M | ﹤0.01% |
214,600
-54,800
| -20% | -$2.11M |
|
1819
CALL
TripAdvisor
TRIP
$1.28B
| $9.02M | ﹤0.01% |
175,400
-474,800
| -73% | -$26M |
|
1820
CALL
Canadian Solar
CSIQ
$1.08B
| $9.02M | ﹤0.01% |
483,900
-848,400
| -64% | -$17.4M |
|
1821
PUT
Paychex
PAYX
$43.1B
| $9.01M | ﹤0.01% |
112,300
-56,700
| -34% | -$4.18M |
|
1822
HSBC
HSBC
$355B
| $8.99M | ﹤0.01% |
224,139
-1,279,430
| -85% | -$51.6M |
|
1823
CALL
Acuity Brands
AYI
$10.7B
| $8.98M | ﹤0.01% |
74,800
-22,400
| -23% | -$2.79M |
|
|
RETA
1824
CALL
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.97M | ﹤0.01% |
105,000
+58,500
| +126% | +$4.86M |
|
|
AXON
1825
CALL
Axon Enterprise
AXON
$51.7B
| $8.97M | ﹤0.01% |
164,800
-201,000
| -55% | -$10.3M |
|
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.