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 | |
|---|---|---|---|---|---|---|
|
JO
1851
PUT
DELISTED
iPath Series B Bloomberg Coffee Subindex Total ReturnSM ETN
JO
| $8.72M | ﹤0.01% |
257,000
+240,400
| +1,448% | +$8.78M |
|
1852
PUT
Chemours
CC
$2.34B
| $8.7M | ﹤0.01% |
234,200
+60,400
| +35% | +$2.2M |
|
|
SIX
1853
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.69M | ﹤0.01% |
176,000
+55,800
| +46% | +$3.15M |
|
1854
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $8.68M | ﹤0.01% |
25,142
-266,961
| -91% | -$89.8M |
|
1855
PUT
Caesars Entertainment
CZR
$6.04B
| $8.68M | ﹤0.01% |
+185,800
| New | +$8.48M |
|
1856
PUT
B&G Foods
BGS
$283M
| $8.67M | ﹤0.01% |
355,200
-91,600
| -21% | -$2.4M |
|
1857
CALL
ProShares UltraPro S&P 500
UPRO
$5.75B
| $8.67M | ﹤0.01% |
352,000
-423,400
| -55% | -$9.33M |
|
1858
CALL
Vanguard High Dividend Yield ETF
VYM
$83.9B
| $8.66M | ﹤0.01% |
101,100
-59,500
| -37% | -$4.97M |
|
1859
TransUnion
TRU
$15.2B
| $8.66M | ﹤0.01% |
129,530
+29,108
| +29% | +$1.8M |
|
|
IFLN
1860
Invesco Bloomberg Enhanced Fallen Angels ETF
IFLN
$307M
| $8.65M | ﹤0.01% |
463,847
+399,855
| +625% | +$7.36M |
|
1861
CALL
Insmed
INSM
$29.4B
| $8.63M | ﹤0.01% |
296,900
+56,700
| +24% | +$1.47M |
|
1862
PUT
MSCI
MSCI
$40.8B
| $8.63M | ﹤0.01% |
43,400
+20,200
| +87% | +$3.51M |
|
1863
PUT
SAP
SAP
$235B
| $8.61M | ﹤0.01% |
74,600
+45,700
| +158% | +$4.86M |
|
1864
PUT
Genuine Parts
GPC
$18.4B
| $8.6M | ﹤0.01% |
76,800
+14,300
| +23% | +$1.48M |
|
|
PXD
1865
DELISTED
Pioneer Natural Resource Co.
PXD
| $8.6M | ﹤0.01% |
+56,452
| New | +$7.97M |
|
1866
PUT
Textron
TXT
$15.1B
| $8.59M | ﹤0.01% |
169,600
-22,400
| -12% | -$1.16M |
|
1867
JetBlue
JBLU
$2.21B
| $8.58M | ﹤0.01% |
524,521
-310,350
| -37% | -$5.31M |
|
|
AD
1868
PUT
Array Digital Infrastructure
AD
$3.03B
| $8.57M | ﹤0.01% |
186,700
+182,700
| +4,568% | +$9.55M |
|
1869
CALL
BCE
BCE
$21.5B
| $8.56M | ﹤0.01% |
192,800
+112,100
| +139% | +$4.84M |
|
1870
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $8.55M | ﹤0.01% |
67,700
-7,200
| -10% | -$910K |
|
1871
PUT
Encore Capital Group
ECPG
$2.02B
| $8.55M | ﹤0.01% |
313,900
+17,300
| +6% | +$516K |
|
|
LM
1872
PUT
DELISTED
Legg Mason, Inc.
LM
| $8.54M | ﹤0.01% |
312,200
+120,000
| +62% | +$3.44M |
|
|
NVEE
1873
CALL
DELISTED
NV5 Global
NVEE
| $8.54M | ﹤0.01% |
575,600
+492,800
| +595% | +$8.48M |
|
1874
PUT
Trane Technologies
TT
$108B
| $8.54M | ﹤0.01% |
79,100
-7,800
| -9% | -$790K |
|
1875
PUT
Norwegian Cruise Line
NCLH
$8.6B
| $8.52M | ﹤0.01% |
155,100
-4,900
| -3% | -$253K |
|
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.