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 | |
|---|---|---|---|---|---|---|
201
PUT
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $196M | 0.08% |
5,922,600
+289,800
| +5% | +$9.31M |
|
202
CALL
Twilio
TWLO
$36.6B
| $196M | 0.08% |
1,514,500
-590,900
| -28% | -$66.5M |
|
203
PUT
AbbVie
ABBV
$435B
| $195M | 0.08% |
2,419,800
-783,600
| -24% | -$64.1M |
|
204
iShares China Large-Cap ETF
FXI
$4.31B
| $192M | 0.08% |
+4,340,587
| New | +$185M |
|
205
PUT
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$46.5B
| $191M | 0.08% |
736,700
-2,053,900
| -74% | -$517M |
|
206
CALL
Caterpillar
CAT
$387B
| $190M | 0.08% |
1,399,100
-1,581,600
| -53% | -$210M |
|
207
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $189M | 0.08% |
1,714,700
+955,500
| +126% | +$103M |
|
208
PUT
Snap
SNAP
$9.01B
| $188M | 0.08% |
17,016,100
-5,824,200
| -25% | -$49.5M |
|
209
CALL
Spotify
SPOT
$100B
| $187M | 0.08% |
1,346,500
-421,100
| -24% | -$57.6M |
|
210
PUT
Ford
F
$55.7B
| $187M | 0.08% |
21,271,800
-13,362,800
| -39% | -$115M |
|
211
PUT
eBay
EBAY
$49.8B
| $186M | 0.08% |
4,995,000
+2,419,800
| +94% | +$84M |
|
212
CALL
Wynn Resorts
WYNN
$10.6B
| $182M | 0.07% |
1,524,800
-896,700
| -37% | -$107M |
|
213
CALL
Applied Materials
AMAT
$428B
| $181M | 0.07% |
4,573,200
+1,189,400
| +35% | +$45.2M |
|
214
CALL
Mercado Libre
MELI
$92.3B
| $180M | 0.07% |
354,900
-786,000
| -69% | -$313M |
|
|
AABA
215
CALL
DELISTED
Altaba Inc
AABA
| $180M | 0.07% |
2,427,000
+591,900
| +32% | +$40.8M |
|
216
CALL
Blackstone
BX
$110B
| $179M | 0.07% |
5,128,900
+688,700
| +16% | +$23M |
|
217
CALL
Deere & Co
DE
$168B
| $179M | 0.07% |
1,117,900
-700
| -0.1% | -$112K |
|
218
PUT
Home Depot
HD
$355B
| $179M | 0.07% |
930,700
-668,500
| -42% | -$123M |
|
219
CALL
Target
TGT
$68B
| $179M | 0.07% |
2,224,300
-1,976,600
| -47% | -$144M |
|
220
Peabody Energy
BTU
$2.9B
| $177M | 0.07% |
6,258,914
-3,076,389
| -33% | -$96.9M |
|
221
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $177M | 0.07% |
6,892,800
-5,813,900
| -46% | -$150M |
|
222
PUT
Shopify
SHOP
$195B
| $177M | 0.07% |
8,573,000
-1,878,000
| -18% | -$33.2M |
|
223
CALL
Honeywell
HON
$78B
| $176M | 0.07% |
1,174,527
-239,043
| -17% | -$33.4M |
|
224
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $175M | 0.07% |
2,330,700
+202,200
| +9% | +$14.6M |
|
225
PUT
DuPont de Nemours
DD
$19.2B
| $175M | 0.07% |
1,292,722
+638,917
| +98% | +$88.7M |
|
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.