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 | |
|---|---|---|---|---|---|---|
1926
CALL
Amdocs
DOX
$6.21B
| $8.09M | ﹤0.01% |
149,500
+28,800
| +24% | +$1.62M |
|
1927
CALL
ON Semiconductor
ON
$32.1B
| $8.08M | ﹤0.01% |
392,900
+83,300
| +27% | +$1.72M |
|
1928
Coherent
COHR
$64.8B
| $8.07M | ﹤0.01% |
216,803
-11,947
| -5% | -$442K |
|
1929
CALL
Owens Corning
OC
$12.4B
| $8.07M | ﹤0.01% |
171,200
+81,200
| +90% | +$3.97M |
|
1930
CALL
Cars.com
CARS
$665M
| $8.05M | ﹤0.01% |
353,300
+223,600
| +172% | +$5.41M |
|
1931
CALL
Norwegian Cruise Line
NCLH
$8.95B
| $8.04M | ﹤0.01% |
146,300
-59,600
| -29% | -$3.07M |
|
1932
CALL
Puma Biotechnology
PBYI
$451M
| $8.04M | ﹤0.01% |
207,300
+127,300
| +159% | +$3.89M |
|
1933
PUT
Integer Holdings
ITGR
$4.25B
| $8.01M | ﹤0.01% |
106,200
+95,000
| +848% | +$7.77M |
|
|
BLUE
1934
DELISTED
bluebird bio
BLUE
| $8.01M | ﹤0.01% |
3,929
-11,905
| -75% | -$21M |
|
1935
PUT
Sysco
SYY
$40B
| $8M | ﹤0.01% |
119,800
+69,500
| +138% | +$4.52M |
|
1936
CALL
KLX Energy Services
KLXE
$36M
| $8M | ﹤0.01% |
+63,600
| New | +$8.43M |
|
1937
CALL
Nektar Therapeutics
NKTR
$2.58B
| $7.98M | ﹤0.01% |
15,840
-57,493
| -78% | -$34.1M |
|
1938
CALL
Axalta
AXTA
$7.94B
| $7.98M | ﹤0.01% |
316,600
-175,000
| -36% | -$4.51M |
|
|
DISCK
1939
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $7.98M | ﹤0.01% |
313,843
-298,827
| -49% | -$7.81M |
|
1940
Fidelity National Financial
FNF
$13.1B
| $7.97M | ﹤0.01% |
226,910
-19,871
| -8% | -$666K |
|
1941
CALL
Cardinal Health
CAH
$53.4B
| $7.96M | ﹤0.01% |
165,300
+26,500
| +19% | +$1.33M |
|
1942
PUT
Direxion Daily MSCI India Bull 2X ETF
INDL
$57.1M
| $7.94M | ﹤0.01% |
104,000
+19,800
| +24% | +$1.3M |
|
|
EXAS
1943
DELISTED
Exact Sciences
EXAS
| $7.93M | ﹤0.01% |
91,532
-5,661
| -6% | -$482K |
|
1944
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $7.92M | ﹤0.01% |
94,200
-35,500
| -27% | -$2.97M |
|
|
VAR
1945
PUT
DELISTED
Varian Medical Systems, Inc.
VAR
| $7.92M | ﹤0.01% |
55,900
+29,600
| +113% | +$3.89M |
|
|
TGP
1946
PUT
DELISTED
Teekay LNG Partners L.P.
TGP
| $7.91M | ﹤0.01% |
528,800
-72,900
| -12% | -$989K |
|
1947
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.17B
| $7.9M | ﹤0.01% |
36,470
+28,360
| +350% | +$5.49M |
|
1948
CALL
Aptiv
APTV
$10.1B
| $7.89M | ﹤0.01% |
99,300
-49,100
| -33% | -$3.77M |
|
1949
CALL
Repligen
RGEN
$9.49B
| $7.89M | ﹤0.01% |
133,600
+101,000
| +310% | +$5.81M |
|
|
BEAT
1950
CALL
DELISTED
BioTelemetry, Inc.
BEAT
| $7.89M | ﹤0.01% |
126,000
-47,700
| -27% | -$3.28M |
|
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.