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 | |
|---|---|---|---|---|---|---|
6151
Invesco S&P SmallCap 600 Pure Value ETF
RZV
$308M
| $524K | ﹤0.01% |
8,000
-38,308
| -83% | -$2.55M |
|
|
BBRC
6152
DELISTED
Columbia Beyond BRICs ETF
BBRC
| $524K | ﹤0.01% |
31,530
+12,023
| +62% | +$200K |
|
6153
CALL
NovaGold Resources
NG
$3.48B
| $523K | ﹤0.01% |
125,300
+43,100
| +52% | +$170K |
|
6154
Hanover Insurance
THG
$7.84B
| $523K | ﹤0.01% |
+4,584
| New | +$528K |
|
6155
UVA Unconstrained Medium-Term Fixed Income ETF
FFIU
$52.6M
| $522K | ﹤0.01% |
21,032
-25,760
| -55% | -$631K |
|
|
HDV
6156
iShares Core High Dividend ETF
HDV
$15.1B
| $522K | ﹤0.01% |
27,995
-198,470
| -88% | -$3.56M |
|
6157
PUT
Home BancShares
HOMB
$6.28B
| $522K | ﹤0.01% |
+29,700
| New | +$551K |
|
6158
ProShares High Yield-Interest Rate Hedged ETF
HYHG
$194M
| $522K | ﹤0.01% |
7,911
-4,980
| -39% | -$325K |
|
|
CUTR
6159
PUT
DELISTED
Cutera, Inc.
CUTR
| $521K | ﹤0.01% |
29,500
+7,700
| +35% | +$121K |
|
6160
CALL
Aldeyra Therapeutics
ALDX
$94.1M
| $520K | ﹤0.01% |
57,600
+8,600
| +18% | +$73.1K |
|
6161
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $520K | ﹤0.01% |
8,772
-392,796
| -98% | -$21.6M |
|
6162
PUT
Quanex
NX
$962M
| $520K | ﹤0.01% |
32,700
+19,100
| +140% | +$303K |
|
6163
TSMC
TSM
$2.21T
| $520K | ﹤0.01% |
12,701
-2,408,000
| -99% | -$91.9M |
|
6164
State Street SPDR S&P Transportation ETF
XTN
$395M
| $520K | ﹤0.01% |
8,602
-50,458
| -85% | -$3.01M |
|
|
MOBL
6165
CALL
DELISTED
MobileIron, Inc.
MOBL
| $520K | ﹤0.01% |
+95,100
| New | +$469K |
|
6166
Geospace Technologies
GEOS
$72.4M
| $519K | ﹤0.01% |
+40,087
| New | +$586K |
|
6167
PUT
Red Robin
RRGB
$192M
| $519K | ﹤0.01% |
18,000
-18,100
| -50% | -$559K |
|
|
SKX
6168
DELISTED
Skechers
SKX
| $519K | ﹤0.01% |
15,445
-160,080
| -91% | -$4.78M |
|
6169
ProShares UltraShort Materials
SMN
$3.83M
| $519K | ﹤0.01% |
2,269
-1,962
| -46% | -$471K |
|
|
SRT
6170
DELISTED
Startek Inc.
SRT
| $519K | ﹤0.01% |
65,874
-13,486
| -17% | -$101K |
|
|
APU
6171
CALL
DELISTED
AmeriGas Partners, L.P.
APU
| $519K | ﹤0.01% |
16,800
-12,600
| -43% | -$369K |
|
|
NCOM
6172
DELISTED
National Commerce Corporation
NCOM
| $519K | ﹤0.01% |
13,241
-2,898
| -18% | -$118K |
|
6173
PUT
BJs Wholesale Club
BJ
$11.9B
| $518K | ﹤0.01% |
18,900
+9,000
| +91% | +$230K |
|
6174
PUT
RLJ Lodging Trust
RLJ
$1.67B
| $518K | ﹤0.01% |
29,500
+8,100
| +38% | +$148K |
|
6175
CALL
Steven Madden
SHOO
$3.45B
| $518K | ﹤0.01% |
+15,300
| New | +$500K |
|
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.