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 | Miscellaneous | 92.32% |
| 2 | Technology | 1.44% |
| 3 | Communication Services | 1.2% |
| 4 | Consumer Discretionary | 1.2% |
| 5 | Financials | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
Amazon
AMZN
$2.73T
| $10.7B | 4.39% |
119,966,000
-30,398,000
| -20% | -$2.53B |
|
|
2
CALL
Amazon
AMZN
$2.73T
| $9.62B | 3.95% |
108,090,000
-60,318,000
| -36% | -$5.02B |
|
|
3
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| $6.81B | 2.8% |
24,099,900
-3,836,600
| -14% | -$1.04B |
|
|
4
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$803B
| $6.68B | 2.75% |
23,657,300
-18,101,500
| -43% | -$4.92B |
|
|
5
CALL
Apple
AAPL
$4.86T
| $5.37B | 2.21% |
113,071,200
+55,674,800
| +97% | +$2.36B |
|
6
PUT
Invesco QQQ Trust
QQQ
$477B
| $5.13B | 2.11% |
28,555,300
-9,155,700
| -24% | -$1.55B |
|
|
7
PUT
Apple
AAPL
$4.86T
| $4.46B | 1.83% |
93,815,200
-3,359,200
| -3% | -$142M |
|
|
8
CALL
Invesco QQQ Trust
QQQ
$477B
| $3.78B | 1.55% |
21,046,500
+1,925,200
| +10% | +$327M |
|
9
PUT
Tesla
TSLA
$1.42T
| $3.74B | 1.54% |
200,221,500
-16,243,500
| -8% | -$326M |
|
10
PUT
iShares Russell 2000 ETF
IWM
$77.6B
| $3.5B | 1.44% |
22,859,600
-685,000
| -3% | -$103M |
|
|
11
PUT
Boeing
BA
$166B
| $2.83B | 1.16% |
7,421,300
+3,705,300
| +100% | +$1.43B |
|
12
PUT
Booking.com
BKNG
$132B
| $2.53B | 1.04% |
36,192,500
+8,852,500
| +32% | +$632M |
|
13
CALL
Meta Platforms (Facebook)
META
$1.7T
| $2.48B | 1.02% |
14,885,900
-7,386,100
| -33% | -$1.17B |
|
|
14
CALL
Tesla
TSLA
$1.42T
| $2.17B | 0.89% |
116,044,500
-14,757,000
| -11% | -$296M |
|
|
15
PUT
Alphabet (Google) Class A
GOOGL
$4.27T
| $2.14B | 0.88% |
36,314,000
-13,288,000
| -27% | -$750M |
|
|
16
PUT
Meta Platforms (Facebook)
META
$1.7T
| $2.09B | 0.86% |
12,555,800
-5,147,800
| -29% | -$819M |
|
|
17
PUT
Alibaba
BABA
$272B
| $1.76B | 0.72% |
9,650,500
-3,758,200
| -28% | -$632M |
|
|
18
CALL
Alibaba
BABA
$272B
| $1.71B | 0.7% |
9,356,900
-3,178,900
| -25% | -$535M |
|
|
19
CALL
iShares Russell 2000 ETF
IWM
$77.6B
| $1.7B | 0.7% |
11,084,500
-5,418,800
| -33% | -$814M |
|
20
PUT
Netflix
NFLX
$334B
| $1.67B | 0.69% |
46,820,000
-34,056,000
| -42% | -$1.18B |
|
|
21
CALL
Boeing
BA
$166B
| $1.58B | 0.65% |
4,146,500
+1,438,000
| +53% | +$554M |
|
|
22
CALL
Netflix
NFLX
$334B
| $1.53B | 0.63% |
43,038,000
-22,860,000
| -35% | -$793M |
|
|
23
CALL
Alphabet (Google) Class A
GOOGL
$4.27T
| $1.52B | 0.62% |
25,762,000
-14,328,000
| -36% | -$809M |
|
|
24
CALL
Booking.com
BKNG
$132B
| $1.47B | 0.6% |
21,040,000
-4,197,500
| -17% | -$300M |
|
25
CALL
Microsoft
MSFT
$3.75T
| $1.45B | 0.6% |
12,314,500
-4,285,300
| -26% | -$468M |
|
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's Q1 2019 filing shows 1,860 new, 3,498 increased, 3,278 reduced and 1,970 closed positions. Its largest new stake was iShares China Large-Cap ETF: 4,340,587 shares worth $192M. The largest sale was Apple, an estimated $2.65B.
By sector, the portfolio is most concentrated in Miscellaneous at 92% of assets, down from 93% a quarter earlier, followed by Technology and Communication Services.
- 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.