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 | |
|---|---|---|---|---|---|---|
176
PUT
McDonald's
MCD
$195B
| $225M | 0.09% |
1,184,100
-448,100
| -27% | -$81.3M |
|
177
PUT
lululemon athletica
LULU
$14.6B
| $225M | 0.09% |
1,371,100
+590,200
| +76% | +$86.2M |
|
178
CALL
AutoZone
AZO
$51.1B
| $223M | 0.09% |
218,000
-109,300
| -33% | -$98.1M |
|
|
TWTR
179
PUT
DELISTED
Twitter, Inc.
TWTR
| $221M | 0.09% |
6,713,400
-2,052,400
| -23% | -$65.1M |
|
180
CALL
Philip Morris
PM
$295B
| $220M | 0.09% |
2,491,400
+1,491,500
| +149% | +$120M |
|
181
CALL
ServiceNow
NOW
$129B
| $219M | 0.09% |
4,434,500
+1,189,500
| +37% | +$52.3M |
|
182
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$228M
| $219M | 0.09% |
2,247
+4
| +0.2% | +$509K |
|
183
PUT
Kraft Heinz
KHC
$30B
| $216M | 0.09% |
6,566,500
+2,357,900
| +56% | +$96.1M |
|
184
PUT
Twilio
TWLO
$36.6B
| $216M | 0.09% |
1,670,300
+55,000
| +3% | +$6.19M |
|
185
CALL
FedEx
FDX
$75.4B
| $211M | 0.09% |
1,162,600
+623,800
| +116% | +$110M |
|
186
PUT
Blackrock
BLK
$176B
| $210M | 0.09% |
491,300
-72,400
| -13% | -$30.4M |
|
187
CALL
Lowe's Companies
LOW
$125B
| $210M | 0.09% |
1,914,100
-1,753,200
| -48% | -$175M |
|
188
PUT
SPDR Gold Trust
GLD
$141B
| $209M | 0.09% |
1,714,200
+104,200
| +6% | +$12.8M |
|
189
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $209M | 0.09% |
2,305,600
-327,900
| -12% | -$27.9M |
|
190
PUT
Union Pacific
UNP
$174B
| $208M | 0.09% |
1,245,900
+86,200
| +7% | +$13.9M |
|
191
CALL
Altria Group
MO
$114B
| $208M | 0.09% |
3,626,200
+1,550,900
| +75% | +$79.3M |
|
192
CALL
Gilead Sciences
GILD
$165B
| $207M | 0.09% |
3,188,700
-542,300
| -15% | -$36M |
|
193
AT&T
T
$163B
| $207M | 0.08% |
8,718,609
+5,045,558
| +137% | +$116M |
|
|
194
PUT
Lowe's Companies
LOW
$125B
| $206M | 0.08% |
1,883,800
-1,342,800
| -42% | -$134M |
|
195
CALL
Tilray
TLRY
$622M
| $206M | 0.08% |
313,690
+14,920
| +5% | +$11.4M |
|
196
PUT
Deere & Co
DE
$168B
| $205M | 0.08% |
1,283,900
+583,700
| +83% | +$93.3M |
|
197
CALL
Nike
NKE
$61.9B
| $204M | 0.08% |
2,421,700
+667,700
| +38% | +$55.1M |
|
198
Advanced Micro Devices
AMD
$789B
| $202M | 0.08% |
7,928,848
-3,762,101
| -32% | -$85.4M |
|
199
PUT
Roku
ROKU
$22.7B
| $201M | 0.08% |
3,117,800
+872,300
| +39% | +$46.7M |
|
|
AGN
200
CALL
DELISTED
Allergan plc
AGN
| $201M | 0.08% |
1,371,300
-63,400
| -4% | -$9.19M |
|
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.