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 | |
|---|---|---|---|---|---|---|
|
CBPO
2501
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $4.72M | ﹤0.01% |
51,700
+6,600
| +15% | +$540K |
|
|
NVTA
2502
PUT
DELISTED
Invitae Corporation
NVTA
| $4.72M | ﹤0.01% |
201,400
+190,000
| +1,667% | +$3.35M |
|
2503
iShares Global Energy ETF
IXC
$2.74B
| $4.71M | ﹤0.01% |
139,892
+26,593
| +23% | +$870K |
|
2504
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $4.71M | ﹤0.01% |
3,931
-6,185
| -61% | -$6.43M |
|
2505
PUT
Tucows
TCX
$140M
| $4.71M | ﹤0.01% |
58,000
-3,300
| -5% | -$240K |
|
2506
Invesco DB Commodity Index Tracking Fund
DBC
$1.71B
| $4.71M | ﹤0.01% |
+296,077
| New | +$4.63M |
|
|
WRK
2507
CALL
DELISTED
WestRock Company
WRK
| $4.71M | ﹤0.01% |
122,700
+43,200
| +54% | +$1.69M |
|
2508
iShares Europe ETF
IEV
$1.7B
| $4.7M | ﹤0.01% |
+108,400
| New | +$4.55M |
|
2509
Waters Corp
WAT
$40.9B
| $4.7M | ﹤0.01% |
+18,660
| New | +$4.25M |
|
2510
CALL
Supernus Pharmaceuticals
SUPN
$2.78B
| $4.7M | ﹤0.01% |
134,000
+11,400
| +9% | +$424K |
|
2511
PUT
Verisk Analytics
VRSK
$23.5B
| $4.7M | ﹤0.01% |
35,300
-13,100
| -27% | -$1.59M |
|
2512
CALL
Vanguard Total World Stock ETF
VT
$81.9B
| $4.69M | ﹤0.01% |
64,100
+48,200
| +303% | +$3.42M |
|
|
BRSL
2513
PUT
Brightstar Lottery PLC
BRSL
$2.15B
| $4.69M | ﹤0.01% |
360,900
+199,200
| +123% | +$3.07M |
|
2514
CALL
American Eagle Outfitters
AEO
$2.72B
| $4.69M | ﹤0.01% |
211,400
-174,100
| -45% | -$3.58M |
|
2515
iShares US Healthcare ETF
IYH
$3.77B
| $4.69M | ﹤0.01% |
120,905
+111,240
| +1,151% | +$4.23M |
|
2516
PUT
Sturm, Ruger & Co
RGR
$600M
| $4.68M | ﹤0.01% |
88,300
+32,000
| +57% | +$1.75M |
|
2517
CALL
Prologis
PLD
$134B
| $4.68M | ﹤0.01% |
65,000
+37,500
| +136% | +$2.56M |
|
2518
PUT
Willis Towers Watson
WTW
$31B
| $4.67M | ﹤0.01% |
26,600
+9,900
| +59% | +$1.64M |
|
2519
Alaunos Therapeutics
TCRT
$4.88M
| $4.67M | ﹤0.01% |
8,083
-513
| -6% | -$214K |
|
2520
CALL
Everest Group
EG
$13.9B
| $4.67M | ﹤0.01% |
21,600
+14,300
| +196% | +$3.11M |
|
2521
PUT
Barclays
BCS
$94.4B
| $4.66M | ﹤0.01% |
595,197
-368,372
| -38% | -$2.96M |
|
2522
PUT
Huntington Bancshares
HBAN
$36.1B
| $4.66M | ﹤0.01% |
367,700
+98,800
| +37% | +$1.33M |
|
2523
Prospect Capital
PSEC
$1.15B
| $4.66M | ﹤0.01% |
714,889
-359,739
| -33% | -$2.39M |
|
2524
CALL
Middleby
MIDD
$5.38B
| $4.66M | ﹤0.01% |
35,800
-41,300
| -54% | -$4.96M |
|
2525
CALL
Churchill Downs
CHDN
$6.2B
| $4.65M | ﹤0.01% |
103,000
+73,000
| +243% | +$3.26M |
|
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.