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 | |
|---|---|---|---|---|---|---|
4401
CALL
Garrett Motion
GTX
$5.41B
| $1.34M | ﹤0.01% |
91,100
+49,900
| +121% | +$752K |
|
4402
PUT
Howard Hughes
HHH
$3.98B
| $1.34M | ﹤0.01% |
12,798
-7,343
| -36% | -$761K |
|
4403
Huazhu Hotels Group
HTHT
$12.9B
| $1.34M | ﹤0.01% |
+31,842
| New | +$1.09M |
|
4404
CALL
Quaker Houghton
KWR
$2.94B
| $1.34M | ﹤0.01% |
6,700
-4,800
| -42% | -$953K |
|
4405
PUT
Unisys
UIS
$209M
| $1.34M | ﹤0.01% |
115,000
+76,600
| +199% | +$988K |
|
4406
PUT
Alaunos Therapeutics
TCRT
$4.71M
| $1.34M | ﹤0.01% |
2,323
+202
| +10% | +$84.5K |
|
|
CVET
4407
DELISTED
Covetrus, Inc. Common Stock
CVET
| $1.34M | ﹤0.01% |
+42,103
| New | +$1.49M |
|
4408
Inogen
INGN
$153M
| $1.34M | ﹤0.01% |
+14,058
| New | +$1.75M |
|
4409
CALL
Emergent Biosolutions
EBS
$235M
| $1.34M | ﹤0.01% |
26,500
+9,000
| +51% | +$531K |
|
|
CLDR
4410
CALL
DELISTED
Cloudera, Inc.
CLDR
| $1.34M | ﹤0.01% |
122,400
+33,700
| +38% | +$433K |
|
4411
CALL
iShares MSCI Germany ETF
EWG
$1.68B
| $1.34M | ﹤0.01% |
49,700
-102,100
| -67% | -$2.73M |
|
4412
PUT
Village Farms International
VFF
$309M
| $1.34M | ﹤0.01% |
+95,500
| New | +$1.27M |
|
4413
B2Gold
BTG
$6.79B
| $1.34M | ﹤0.01% |
475,474
+354
| +0.1% | +$1.05K |
|
4414
CALL
Sibanye-Stillwater
SBSW
$7.62B
| $1.34M | ﹤0.01% |
323,500
+312,500
| +2,841% | +$1.18M |
|
4415
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$892M
| $1.33M | ﹤0.01% |
50,282
-41,008
| -45% | -$1.06M |
|
4416
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $1.33M | ﹤0.01% |
41,338
-559,416
| -93% | -$19.6M |
|
|
MDSO
4417
PUT
DELISTED
Medidata Solutions, Inc.
MDSO
| $1.33M | ﹤0.01% |
18,200
-14,000
| -43% | -$1.01M |
|
4418
CALL
Belden
BDC
$5.31B
| $1.33M | ﹤0.01% |
24,800
+12,800
| +107% | +$701K |
|
4419
MacroGenics
MGNX
$269M
| $1.33M | ﹤0.01% |
74,082
+26,863
| +57% | +$464K |
|
4420
CALL
United States Gasoline Fund
UGA
$138M
| $1.33M | ﹤0.01% |
45,300
-11,900
| -21% | -$313K |
|
|
DMRM
4421
DELISTED
DeltaShares S&P 400 Managed Risk ETF
DMRM
| $1.33M | ﹤0.01% |
25,890
-2,583
| -9% | -$131K |
|
4422
CALL
Digimarc Corp
DMRC
$169M
| $1.33M | ﹤0.01% |
42,300
+21,500
| +103% | +$533K |
|
4423
Invesco S&P MidCap 400 GARP ETF
GRPM
$509M
| $1.33M | ﹤0.01% |
20,815
+992
| +5% | +$61.9K |
|
4424
Transportadora de Gas del Sur
TGS
$4.23B
| $1.33M | ﹤0.01% |
104,678
+16,776
| +19% | +$245K |
|
4425
PUT
Titan Machinery
TITN
$429M
| $1.33M | ﹤0.01% |
85,300
+47,300
| +124% | +$876K |
|
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.