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 | |
|---|---|---|---|---|---|---|
2526
CALL
Zions Bancorporation
ZION
$10.5B
| $4.64M | ﹤0.01% |
102,300
-392,000
| -79% | -$18.7M |
|
2527
PUT
Ultragenyx Pharmaceutical
RARE
$2.65B
| $4.64M | ﹤0.01% |
66,900
+26,700
| +66% | +$1.53M |
|
|
GTT
2528
CALL
DELISTED
GTT Communications, Inc.
GTT
| $4.64M | ﹤0.01% |
133,700
-62,600
| -32% | -$1.84M |
|
2529
PUT
Cal-Maine
CALM
$3.86B
| $4.62M | ﹤0.01% |
103,600
-49,000
| -32% | -$2.13M |
|
2530
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$40.1M
| $4.61M | ﹤0.01% |
1,254
+427
| +52% | +$2.07M |
|
2531
iShares MBS ETF
MBB
$39.2B
| $4.61M | ﹤0.01% |
+43,336
| New | +$4.56M |
|
|
CBPO
2532
PUT
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $4.6M | ﹤0.01% |
50,400
-2,400
| -5% | -$196K |
|
2533
PUT
Pentair
PNR
$10.5B
| $4.6M | ﹤0.01% |
103,300
-6,300
| -6% | -$262K |
|
2534
Vanguard Financials ETF
VFH
$14B
| $4.6M | ﹤0.01% |
71,221
+20,635
| +41% | +$1.34M |
|
|
BEAT
2535
DELISTED
BioTelemetry, Inc.
BEAT
| $4.6M | ﹤0.01% |
+73,407
| New | +$5.04M |
|
|
JKS
2536
CALL
JinkoSolar
JKS
$860M
| $4.59M | ﹤0.01% |
255,000
+94,900
| +59% | +$1.54M |
|
2537
Fluor
FLR
$6.96B
| $4.57M | ﹤0.01% |
+124,251
| New | +$4.54M |
|
2538
VanEck JP Morgan EM Local Currency Bond ETF
EMLC
$4.79B
| $4.57M | ﹤0.01% |
+136,911
| New | +$4.65M |
|
2539
Delta Air Lines
DAL
$59.1B
| $4.57M | ﹤0.01% |
+88,401
| New | +$4.38M |
|
2540
Plains All American Pipeline
PAA
$16.4B
| $4.57M | ﹤0.01% |
186,262
-86,234
| -32% | -$2.04M |
|
|
GMLP
2541
PUT
DELISTED
Golar LNG Partners LP
GMLP
| $4.57M | ﹤0.01% |
353,600
+119,600
| +51% | +$1.56M |
|
2542
CALL
ManpowerGroup
MAN
$2.61B
| $4.56M | ﹤0.01% |
55,200
+31,500
| +133% | +$2.48M |
|
2543
GSK
GSK
$101B
| $4.56M | ﹤0.01% |
87,341
+33,454
| +62% | +$1.67M |
|
|
TTM
2544
DELISTED
Tata Motors Limited
TTM
| $4.56M | ﹤0.01% |
363,228
-396,649
| -52% | -$4.96M |
|
|
UFS
2545
CALL
DELISTED
DOMTAR CORPORATION (New)
UFS
| $4.55M | ﹤0.01% |
91,700
+79,200
| +634% | +$3.77M |
|
2546
PUT
Middleby
MIDD
$5.38B
| $4.55M | ﹤0.01% |
35,000
+29,300
| +514% | +$3.52M |
|
|
VCRA
2547
PUT
DELISTED
VOCERA COMMUNICATIONS, INC.
VCRA
| $4.55M | ﹤0.01% |
+143,800
| New | +$5.1M |
|
2548
AeroVironment
AVAV
$9.59B
| $4.55M | ﹤0.01% |
66,471
+60,091
| +942% | +$4.53M |
|
2549
PUT
Ericsson
ERIC
$33.4B
| $4.54M | ﹤0.01% |
494,600
+327,900
| +197% | +$2.96M |
|
2550
CALL
Safety Insurance
SAFT
$1.52B
| $4.54M | ﹤0.01% |
52,100
+31,000
| +147% | +$2.66M |
|
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.