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 | |
|---|---|---|---|---|---|---|
|
ECHO
2076
CALL
EchoStar
ECHO
$26.6B
| $6.93M | ﹤0.01% |
234,460
+130,557
| +126% | +$4.11M |
|
2077
CALL
Keurig Dr Pepper
KDP
$42.3B
| $6.9M | ﹤0.01% |
246,800
+163,200
| +195% | +$4.41M |
|
|
VSM
2078
PUT
DELISTED
Versum Materials, Inc.
VSM
| $6.9M | ﹤0.01% |
137,100
+103,300
| +306% | +$4.11M |
|
|
AUY
2079
DELISTED
Yamana Gold, Inc.
AUY
| $6.89M | ﹤0.01% |
2,641,510
-1,811,110
| -41% | -$4.69M |
|
2080
PUT
Sony
SONY
$138B
| $6.89M | ﹤0.01% |
815,500
-380,000
| -32% | -$3.56M |
|
2081
CALL
Verisk Analytics
VRSK
$24.2B
| $6.89M | ﹤0.01% |
51,800
+24,300
| +88% | +$2.96M |
|
2082
PUT
HealthEquity
HQY
$8.83B
| $6.89M | ﹤0.01% |
93,100
-39,600
| -30% | -$2.78M |
|
2083
PUT
Alarm.com
ALRM
$2.74B
| $6.89M | ﹤0.01% |
106,100
+82,900
| +357% | +$5.03M |
|
|
LHCG
2084
PUT
DELISTED
LHC Group LLC
LHCG
| $6.88M | ﹤0.01% |
62,100
+1,200
| +2% | +$128K |
|
|
NAV
2085
CALL
DELISTED
Navistar International
NAV
| $6.88M | ﹤0.01% |
212,900
-809,000
| -79% | -$26.9M |
|
2086
CALL
AerCap
AER
$23.5B
| $6.87M | ﹤0.01% |
147,600
-103,500
| -41% | -$4.67M |
|
|
IMMU
2087
PUT
DELISTED
Immunomedics Inc
IMMU
| $6.87M | ﹤0.01% |
357,600
-496,500
| -58% | -$8M |
|
2088
PUT
Consolidated Edison
ED
$40.1B
| $6.86M | ﹤0.01% |
80,900
-87,300
| -52% | -$6.98M |
|
2089
CALL
Church & Dwight Co
CHD
$24B
| $6.86M | ﹤0.01% |
96,300
+89,100
| +1,238% | +$5.86M |
|
2090
Gerdau
GGB
$9.42B
| $6.86M | ﹤0.01% |
2,227,428
-664,613
| -23% | -$2.15M |
|
2091
lululemon athletica
LULU
$13.6B
| $6.86M | ﹤0.01% |
+41,834
| New | +$6.11M |
|
2092
CRISPR Therapeutics
CRSP
$5.22B
| $6.85M | ﹤0.01% |
191,658
-13,357
| -7% | -$462K |
|
2093
PUT
Broadridge
BR
$19.6B
| $6.84M | ﹤0.01% |
66,000
-11,300
| -15% | -$1.13M |
|
2094
Delek US
DK
$4.18B
| $6.84M | ﹤0.01% |
+187,697
| New | +$6.39M |
|
2095
Antero Resources
AR
$11.3B
| $6.83M | ﹤0.01% |
+772,935
| New | +$7.3M |
|
|
FISV
2096
PUT
Fiserv Inc
FISV
$29.5B
| $6.82M | ﹤0.01% |
77,300
+43,300
| +127% | +$3.57M |
|
2097
Comscore
SCOR
$91.6M
| $6.82M | ﹤0.01% |
16,835
+2,593
| +18% | +$1.05M |
|
2098
CALL
Alexandria Real Estate Equities
ARE
$8.33B
| $6.81M | ﹤0.01% |
+47,800
| New | +$6.29M |
|
2099
PUT
Repligen
RGEN
$9.45B
| $6.8M | ﹤0.01% |
115,100
+69,000
| +150% | +$3.97M |
|
|
VAR
2100
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $6.79M | ﹤0.01% |
47,900
+15,200
| +46% | +$2M |
|
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.