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 | |
|---|---|---|---|---|---|---|
1876
PUT
Brighthouse Financial
BHF
$3.41B
| $8.52M | ﹤0.01% |
234,700
-89,300
| -28% | -$3.35M |
|
1877
CALL
Ultragenyx Pharmaceutical
RARE
$2.62B
| $8.5M | ﹤0.01% |
122,600
+94,900
| +343% | +$5.42M |
|
|
CHAP
1878
DELISTED
Chaparral Energy, Inc.
CHAP
| $8.49M | ﹤0.01% |
1,489,137
-211,716
| -12% | -$1.4M |
|
1879
PUT
Cameco
CCJ
$43.3B
| $8.47M | ﹤0.01% |
718,700
-51,200
| -7% | -$615K |
|
1880
PUT
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.2B
| $8.47M | ﹤0.01% |
604,700
-120,900
| -17% | -$1.77M |
|
1881
Teladoc Health
TDOC
$1.2B
| $8.46M | ﹤0.01% |
152,255
-46,456
| -23% | -$2.84M |
|
1882
PUT
Xerox
XRX
$410M
| $8.46M | ﹤0.01% |
264,500
-410,300
| -61% | -$11.6M |
|
|
LNW
1883
PUT
DELISTED
Light & Wonder
LNW
| $8.46M | ﹤0.01% |
414,200
+78,000
| +23% | +$1.86M |
|
1884
PUT
Invesco
IVZ
$13.9B
| $8.45M | ﹤0.01% |
437,700
-44,300
| -9% | -$828K |
|
|
LOGM
1885
PUT
DELISTED
LogMein, Inc.
LOGM
| $8.45M | ﹤0.01% |
105,500
+45,000
| +74% | +$3.84M |
|
1886
CALL
Mattel
MAT
$4.27B
| $8.45M | ﹤0.01% |
649,700
+227,300
| +54% | +$3.04M |
|
1887
CALL
SBA Communications
SBAC
$19.4B
| $8.45M | ﹤0.01% |
42,300
+12,200
| +41% | +$2.21M |
|
1888
PUT
Canadian Solar
CSIQ
$1.08B
| $8.44M | ﹤0.01% |
453,000
-387,200
| -46% | -$7.96M |
|
|
BPL
1889
CALL
DELISTED
Buckeye Partners, L.P.
BPL
| $8.44M | ﹤0.01% |
248,000
+300
| +0.1% | +$9.7K |
|
1890
CALL
Range Resources
RRC
$9.4B
| $8.41M | ﹤0.01% |
748,700
-61,500
| -8% | -$667K |
|
|
DOCU
1891
DocuSign
DOCU
$11B
| $8.4M | ﹤0.01% |
162,136
+154,389
| +1,993% | +$7.88M |
|
1892
CALL
Helen of Troy
HELE
$690M
| $8.38M | ﹤0.01% |
72,300
+39,300
| +119% | +$4.53M |
|
1893
CALL
Waters Corp
WAT
$40.7B
| $8.38M | ﹤0.01% |
33,300
+15,300
| +85% | +$3.49M |
|
1894
CALL
HP
HPQ
$26B
| $8.36M | ﹤0.01% |
430,100
-130,300
| -23% | -$2.76M |
|
1895
Hain Celestial
HAIN
$52.5M
| $8.35M | ﹤0.01% |
361,023
+344,396
| +2,071% | +$6.64M |
|
1896
CALL
Under Armour Class C
UA
$2.21B
| $8.35M | ﹤0.01% |
442,300
-110,700
| -20% | -$2.09M |
|
1897
Sprott Physical Gold and Silver Trust
CEF
$8.37B
| $8.35M | ﹤0.01% |
672,924
-98,609
| -13% | -$1.26M |
|
1898
PUT
Ovintiv
OVV
$17.5B
| $8.34M | ﹤0.01% |
230,260
+8,320
| +4% | +$285K |
|
1899
CALL
Jazz Pharmaceuticals
JAZZ
$16.3B
| $8.33M | ﹤0.01% |
58,300
+33,500
| +135% | +$4.37M |
|
|
NVEE
1900
PUT
DELISTED
NV5 Global
NVEE
| $8.33M | ﹤0.01% |
+561,600
| New | +$9.67M |
|
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.