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 | |
|---|---|---|---|---|---|---|
1901
CALL
MSCI
MSCI
$40.6B
| $8.33M | ﹤0.01% |
41,900
+12,800
| +44% | +$2.23M |
|
1902
CALL
Ashland
ASH
$3.41B
| $8.33M | ﹤0.01% |
106,600
+66,200
| +164% | +$5.1M |
|
1903
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $8.33M | ﹤0.01% |
317,700
-25,700
| -7% | -$640K |
|
1904
CALL
Keysight
KEYS
$60.4B
| $8.31M | ﹤0.01% |
95,300
-44,200
| -32% | -$3.43M |
|
1905
Lear
LEA
$8.06B
| $8.3M | ﹤0.01% |
61,182
-27,605
| -31% | -$4.05M |
|
|
MNK
1906
PUT
DELISTED
MALLINCKRODT PUBLIC LIMITED COMPANY
MNK
| $8.28M | ﹤0.01% |
380,700
-96,000
| -20% | -$2.05M |
|
1907
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $8.27M | ﹤0.01% |
+61,440
| New | +$7.11M |
|
|
IDTI
1908
DELISTED
Integrated Device Technology I
IDTI
| $8.26M | ﹤0.01% |
168,673
+161,963
| +2,414% | +$7.84M |
|
1909
CALL
Unilever
UL
$133B
| $8.26M | ﹤0.01% |
127,200
+16,178
| +15% | +$985K |
|
1910
State Street Energy Select Sector SPDR ETF
XLE
$39.7B
| $8.24M | ﹤0.01% |
249,364
-1,221,610
| -83% | -$39.2M |
|
1911
CALL
Teladoc Health
TDOC
$1.2B
| $8.24M | ﹤0.01% |
148,200
-38,800
| -21% | -$2.37M |
|
1912
PUT
Agios Pharmaceuticals
AGIO
$2.01B
| $8.23M | ﹤0.01% |
122,100
-8,400
| -6% | -$489K |
|
1913
CALL
PRA Group
PRAA
$716M
| $8.23M | ﹤0.01% |
307,100
-1,500
| -0.5% | -$43.4K |
|
1914
CALL
iShares Russell 1000 Value ETF
IWD
$83.8B
| $8.22M | ﹤0.01% |
66,600
+2,700
| +4% | +$324K |
|
1915
PUT
CBRE Group
CBRE
$42.7B
| $8.22M | ﹤0.01% |
166,200
+105,700
| +175% | +$4.96M |
|
|
KEM
1916
PUT
DELISTED
KEMET Corporation
KEM
| $8.21M | ﹤0.01% |
483,900
+393,700
| +436% | +$7.24M |
|
|
I
1917
PUT
DELISTED
INTELSAT S. A.
I
| $8.21M | ﹤0.01% |
524,300
-54,200
| -9% | -$1.15M |
|
1918
CALL
Interactive Brokers
IBKR
$42B
| $8.19M | ﹤0.01% |
631,600
+229,600
| +57% | +$3.02M |
|
1919
ConocoPhillips
COP
$151B
| $8.16M | ﹤0.01% |
+122,251
| New | +$8.22M |
|
1920
PUT
Banco Macro
BMA
$5.12B
| $8.14M | ﹤0.01% |
177,900
+99,700
| +127% | +$5.13M |
|
|
SBNY
1921
CALL
DELISTED
Signature Bank
SBNY
| $8.13M | ﹤0.01% |
63,500
+54,300
| +590% | +$6.91M |
|
|
AXON
1922
PUT
Axon Enterprise
AXON
$49.5B
| $8.12M | ﹤0.01% |
149,300
-54,200
| -27% | -$2.78M |
|
1923
PUT
Dave & Buster's
PLAY
$352M
| $8.12M | ﹤0.01% |
162,800
+68,200
| +72% | +$3.35M |
|
1924
PUT
Alerian MLP ETF
AMLP
$13.1B
| $8.12M | ﹤0.01% |
161,820
+840
| +0.5% | +$41.2K |
|
|
HA
1925
PUT
DELISTED
Hawaiian Holdings, Inc.
HA
| $8.09M | ﹤0.01% |
308,300
+254,000
| +468% | +$7.37M |
|
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.