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 | |
|---|---|---|---|---|---|---|
3476
CALL
Kinross Gold
KGC
$32.4B
| $2.35M | ﹤0.01% |
684,000
-190,500
| -22% | -$635K |
|
3477
PUT
Dorman Products
DORM
$4.05B
| $2.35M | ﹤0.01% |
26,700
+20,000
| +299% | +$1.74M |
|
|
EB
3478
PUT
DELISTED
Eventbrite
EB
| $2.35M | ﹤0.01% |
+122,700
| New | +$3.46M |
|
3479
Huntington Ingalls Industries
HII
$12.9B
| $2.35M | ﹤0.01% |
11,353
+5,612
| +98% | +$1.15M |
|
3480
iShares 1-3 Year International Treasury Bond ETF
ISHG
$828M
| $2.34M | ﹤0.01% |
29,696
+27,048
| +1,021% | +$2.15M |
|
3481
CALL
Champion Homes
SKY
$5.13B
| $2.34M | ﹤0.01% |
123,200
+37,900
| +44% | +$695K |
|
3482
PUT
CoreCivic
CXW
$3.25B
| $2.34M | ﹤0.01% |
120,300
+48,100
| +67% | +$949K |
|
3483
iShares Global Utilities ETF
JXI
$308M
| $2.34M | ﹤0.01% |
+43,302
| New | +$2.25M |
|
|
BBL
3484
CALL
DELISTED
BHP Group Plc American Depositary Shares (Each representing two Ordinary Shares)
BBL
| $2.34M | ﹤0.01% |
48,400
+28,100
| +138% | +$1.26M |
|
|
ESV
3485
CALL
DELISTED
Ensco Rowan plc
ESV
| $2.33M | ﹤0.01% |
148,500
-19,475
| -12% | -$340K |
|
3486
PUT
iShares US Healthcare Providers ETF
IHF
$1.27B
| $2.33M | ﹤0.01% |
+69,500
| New | +$2.42M |
|
3487
PUT
Royal Bank of Canada
RY
$301B
| $2.33M | ﹤0.01% |
30,900
+25,100
| +433% | +$1.9M |
|
3488
PUT
Element Solutions
ESI
$9.46B
| $2.33M | ﹤0.01% |
230,500
-59,100
| -20% | -$655K |
|
|
REV
3489
PUT
DELISTED
Revlon, Inc.
REV
| $2.33M | ﹤0.01% |
120,100
+18,400
| +18% | +$445K |
|
3490
CALL
Cemex
CX
$16B
| $2.33M | ﹤0.01% |
501,400
+149,772
| +43% | +$749K |
|
3491
CALL
Workiva
WK
$3.84B
| $2.33M | ﹤0.01% |
45,900
+6,900
| +18% | +$303K |
|
3492
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $2.33M | ﹤0.01% |
+27,647
| New | +$2.31M |
|
3493
CALL
Kratos Defense & Security Solutions
KTOS
$12.1B
| $2.32M | ﹤0.01% |
148,600
+93,600
| +170% | +$1.47M |
|
3494
CALL
Upwork
UPWK
$1.06B
| $2.32M | ﹤0.01% |
121,300
+90,300
| +291% | +$1.85M |
|
3495
CALL
Evercore
EVR
$11.8B
| $2.32M | ﹤0.01% |
25,500
+9,700
| +61% | +$852K |
|
3496
CALL
Methode Electronics
MEI
$608M
| $2.32M | ﹤0.01% |
80,600
+49,400
| +158% | +$1.35M |
|
|
SWCH
3497
CALL
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $2.32M | ﹤0.01% |
224,800
+196,200
| +686% | +$1.7M |
|
3498
CALL
iShares Russell 3000 ETF
IWV
$20.5B
| $2.32M | ﹤0.01% |
13,900
+9,600
| +223% | +$1.54M |
|
3499
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $2.32M | ﹤0.01% |
74,567
-28,199
| -27% | -$837K |
|
|
ENLC
3500
CALL
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $2.31M | ﹤0.01% |
181,100
+170,600
| +1,625% | +$1.93M |
|
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.