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 | 1.44% |
| 2 | Communication Services | 1.2% |
| 3 | Consumer Discretionary | 1.2% |
| 4 | Financials | 0.94% |
| 5 | Healthcare | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3326
PUT
Tetra Tech
TTEK
$9.35B
| $2.62M | ﹤0.01% |
220,000
+196,000
| +817% | +$2.2M |
|
|
HEP
3327
CALL
DELISTED
Holly Energy Partners, L.P.
HEP
| $2.62M | ﹤0.01% |
97,100
+1,100
| +1% | +$32K |
|
3328
Weibo
WB
$1.88B
| $2.62M | ﹤0.01% |
42,236
+4,679
| +12% | +$290K |
|
3329
Fair Isaac
FICO
$23.5B
| $2.62M | ﹤0.01% |
9,634
-25,881
| -73% | -$6.08M |
|
3330
CALL
Suburban Propane Partners
SPH
$1.18B
| $2.62M | ﹤0.01% |
116,800
+67,500
| +137% | +$1.49M |
|
3331
LPL Financial
LPLA
$29.2B
| $2.61M | ﹤0.01% |
37,519
+31,439
| +517% | +$2.27M |
|
3332
CALL
Reinsurance Group of America
RGA
$16.3B
| $2.61M | ﹤0.01% |
18,400
-7,500
| -29% | -$1.08M |
|
|
USG
3333
CALL
DELISTED
Usg
USG
| $2.61M | ﹤0.01% |
60,300
-119,500
| -66% | -$5.15M |
|
|
RFP
3334
CALL
DELISTED
Resolute Forest Products Inc.
RFP
| $2.61M | ﹤0.01% |
330,100
+71,600
| +28% | +$600K |
|
|
MIK
3335
CALL
DELISTED
Michaels Stores, Inc
MIK
| $2.61M | ﹤0.01% |
228,400
-72,300
| -24% | -$990K |
|
3336
Deutsche Bank
DB
$72.5B
| $2.61M | ﹤0.01% |
321,011
-1,813,308
| -85% | -$15.9M |
|
3337
PUT
ProShares Ultra Financials
UYG
$860M
| $2.61M | ﹤0.01% |
65,100
-69,100
| -51% | -$2.68M |
|
3338
California Water Service
CWT
$3.12B
| $2.61M | ﹤0.01% |
48,002
+28,687
| +149% | +$1.44M |
|
|
MYOK
3339
CALL
DELISTED
MyoKardia, Inc. Common Stock
MYOK
| $2.6M | ﹤0.01% |
50,100
-19,900
| -28% | -$917K |
|
3340
PUT
Frontdoor
FTDR
$5.96B
| $2.6M | ﹤0.01% |
75,500
+43,700
| +137% | +$1.33M |
|
3341
PUT
Idacorp
IDA
$8.25B
| $2.6M | ﹤0.01% |
26,100
+16,300
| +166% | +$1.58M |
|
3342
VanEck India Growth Leaders ETF
GLIN
$92.9M
| $2.6M | ﹤0.01% |
+59,184
| New | +$2.41M |
|
3343
PUT
NovoCure
NVCR
$1.97B
| $2.6M | ﹤0.01% |
53,900
-9,300
| -15% | -$448K |
|
|
LORL
3344
CALL
DELISTED
Loral Space and Communications, Inc.
LORL
| $2.6M | ﹤0.01% |
72,000
+64,600
| +873% | +$2.46M |
|
3345
PUT
RPM International
RPM
$14.5B
| $2.59M | ﹤0.01% |
44,700
+25,000
| +127% | +$1.42M |
|
3346
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $2.59M | ﹤0.01% |
53,500
-21,004
| -28% | -$973K |
|
3347
ProShares Ultra QQQ
QLD
$14.4B
| $2.59M | ﹤0.01% |
230,440
-150,752
| -40% | -$1.52M |
|
3348
CALL
MKS Inc
MKSI
$21B
| $2.59M | ﹤0.01% |
27,800
-5,300
| -16% | -$427K |
|
3349
CALL
Strategic Education
STRA
$1.83B
| $2.59M | ﹤0.01% |
19,700
-9,200
| -32% | -$1.12M |
|
|
BSCK
3350
DELISTED
Invesco BulletShares 2020 Corporate Bond ETF
BSCK
| $2.59M | ﹤0.01% |
+121,925
| New | +$2.58M |
|
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 Communication Services and Consumer Discretionary.
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.