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 | 1.39% |
| 2 | Consumer Discretionary | 1.19% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.93% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
CALL
Alerian MLP ETF
AMLP
$13.1B
| $4.83M | ﹤0.01% |
96,380
+88,380
| +1,105% | +$4.33M |
|
|
NVO
2477
PUT
Novo Nordisk
NVO
$205B
| $4.82M | ﹤0.01% |
184,400
-23,600
| -11% | -$580K |
|
2478
Altria Group
MO
$109B
| $4.82M | ﹤0.01% |
83,955
+73,268
| +686% | +$3.74M |
|
|
NS
2479
PUT
DELISTED
NuStar Energy L.P.
NS
| $4.82M | ﹤0.01% |
179,100
+25,200
| +16% | +$652K |
|
2480
PUT
AutoNation
AN
$6.9B
| $4.8M | ﹤0.01% |
134,500
+69,800
| +108% | +$2.53M |
|
2481
PUT
Allegiant Air
ALGT
$2.31B
| $4.79M | ﹤0.01% |
37,000
+25,500
| +222% | +$3.24M |
|
|
NEWR
2482
DELISTED
New Relic, Inc.
NEWR
| $4.79M | ﹤0.01% |
48,497
-36,061
| -43% | -$3.57M |
|
2483
PUT
EPAM Systems
EPAM
$5.17B
| $4.79M | ﹤0.01% |
28,300
+3,000
| +12% | +$450K |
|
2484
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$430M
| $4.78M | ﹤0.01% |
102,241
-154,694
| -60% | -$7.05M |
|
2485
MidCap Financial Investment
MFIC
$795M
| $4.77M | ﹤0.01% |
315,258
+41,492
| +15% | +$623K |
|
2486
CALL
Antero Resources
AR
$11.5B
| $4.77M | ﹤0.01% |
540,400
+89,500
| +20% | +$846K |
|
|
RHT
2487
DELISTED
Red Hat Inc
RHT
| $4.77M | ﹤0.01% |
26,116
-131,884
| -83% | -$23.6M |
|
2488
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.3M
| $4.77M | ﹤0.01% |
5,410
-5,660
| -51% | -$5.74M |
|
2489
PUT
Lincoln National
LNC
$8.44B
| $4.77M | ﹤0.01% |
81,200
-266,100
| -77% | -$15.8M |
|
2490
CALL
Element Solutions
ESI
$9.37B
| $4.76M | ﹤0.01% |
471,800
+137,700
| +41% | +$1.53M |
|
2491
CALL
iShares Select Dividend ETF
DVY
$24B
| $4.76M | ﹤0.01% |
48,500
+2,400
| +5% | +$230K |
|
2492
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.5B
| $4.75M | ﹤0.01% |
44,029
-54,866
| -55% | -$5.76M |
|
2493
CALL
LCI Industries
LCII
$2.6B
| $4.74M | ﹤0.01% |
+61,700
| New | +$4.88M |
|
2494
CALL
Apogee Enterprises
APOG
$897M
| $4.74M | ﹤0.01% |
126,400
+20,000
| +19% | +$695K |
|
|
AMED
2495
DELISTED
Amedisys
AMED
| $4.74M | ﹤0.01% |
38,441
+31,068
| +421% | +$3.9M |
|
2496
PUT
Glaukos
GKOS
$11.2B
| $4.73M | ﹤0.01% |
60,400
+26,800
| +80% | +$1.79M |
|
2497
PUT
Lindsay Corp
LNN
$1.18B
| $4.73M | ﹤0.01% |
48,900
+400
| +0.8% | +$36.3K |
|
|
TWOU
2498
PUT
DELISTED
2U Inc
TWOU
| $4.73M | ﹤0.01% |
2,227
+1,007
| +83% | +$1.9M |
|
|
TVRD
2499
PUT
Tvardi Therapeutics
TVRD
$22.1M
| $4.73M | ﹤0.01% |
6,694
+1,250
| +23% | +$748K |
|
|
UWT
2500
DELISTED
VelocityShares3x Long Crude Oil ETNs linked to the S&P GSCI Crude Oil Index ER
UWT
| $4.72M | ﹤0.01% |
+260,988
| New | +$3.79M |
|
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 Consumer Discretionary and Communication Services.
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.