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 | |
|---|---|---|---|---|---|---|
4426
PUT
Zumiez
ZUMZ
$314M
| $1.33M | ﹤0.01% |
53,300
+29,700
| +126% | +$704K |
|
|
AKRX
4427
DELISTED
Akorn Inc
AKRX
| $1.33M | ﹤0.01% |
377,072
+324,363
| +615% | +$1.24M |
|
4428
PUT
Essential Utilities
WTRG
$11.5B
| $1.33M | ﹤0.01% |
36,400
+11,100
| +44% | +$391K |
|
|
TTM
4429
CALL
DELISTED
Tata Motors Limited
TTM
| $1.33M | ﹤0.01% |
105,600
-70,000
| -40% | -$875K |
|
|
BKS
4430
DELISTED
Barnes & Noble
BKS
| $1.33M | ﹤0.01% |
244,233
-249,863
| -51% | -$1.52M |
|
4431
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.1B
| $1.32M | ﹤0.01% |
16,870
-23,984
| -59% | -$1.86M |
|
4432
Ionis Pharmaceuticals
IONS
$9.51B
| $1.32M | ﹤0.01% |
16,306
-101,977
| -86% | -$6.58M |
|
4433
CALL
Fidelity National Financial
FNF
$13.3B
| $1.32M | ﹤0.01% |
37,648
-15,080
| -29% | -$505K |
|
4434
CALL
MacroGenics
MGNX
$269M
| $1.32M | ﹤0.01% |
+73,600
| New | +$1.27M |
|
4435
Northern Oil and Gas
NOG
$2.61B
| $1.32M | ﹤0.01% |
+48,288
| New | +$1.21M |
|
|
NSLR
4436
CALL
Neostellar Capital Corp
NSLR
$278M
| $1.32M | ﹤0.01% |
207,878
+186,435
| +869% | +$975K |
|
|
HOLX
4437
PUT
DELISTED
Hologic
HOLX
| $1.32M | ﹤0.01% |
27,300
-185,100
| -87% | -$8.35M |
|
4438
BlackRock TCP Capital
TCPC
$342M
| $1.32M | ﹤0.01% |
93,152
+7,349
| +9% | +$105K |
|
|
CBLK
4439
PUT
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $1.32M | ﹤0.01% |
94,700
+38,100
| +67% | +$543K |
|
4440
Arrowhead Research
ARWR
$12.2B
| $1.32M | ﹤0.01% |
71,938
-95,906
| -57% | -$1.58M |
|
4441
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $1.32M | ﹤0.01% |
53,000
+14,500
| +38% | +$341K |
|
4442
PPG Industries
PPG
$25.4B
| $1.32M | ﹤0.01% |
+11,656
| New | +$1.25M |
|
|
P
4443
CALL
Everpure Inc
P
$39.3B
| $1.31M | ﹤0.01% |
60,300
-104,300
| -63% | -$1.98M |
|
4444
Invesco S&P SmallCap Industrials ETF
PSCI
$195M
| $1.31M | ﹤0.01% |
20,864
-7,670
| -27% | -$477K |
|
4445
CALL
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $1.31M | ﹤0.01% |
14,300
+2,000
| +16% | +$179K |
|
|
SYSB
4446
iShares Systematic Bond ETF
SYSB
$1.17B
| $1.31M | ﹤0.01% |
13,187
+2,743
| +26% | +$268K |
|
4447
Xtrackers MSCI EAFE Hedged Equity ETF
DBEF
$9.43B
| $1.31M | ﹤0.01% |
41,951
+5,328
| +15% | +$160K |
|
4448
Icon
ICLR
$12.6B
| $1.31M | ﹤0.01% |
9,582
-6,417
| -40% | -$875K |
|
4449
CALL
Liberty Energy
LBRT
$3.59B
| $1.31M | ﹤0.01% |
+85,000
| New | +$1.3M |
|
4450
Mattel
MAT
$4.29B
| $1.31M | ﹤0.01% |
100,619
-165,067
| -62% | -$2.21M |
|
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.