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 | |
|---|---|---|---|---|---|---|
|
PDCE
2601
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $4.35M | ﹤0.01% |
106,900
-287,000
| -73% | -$10.5M |
|
2602
Euronet Worldwide
EEFT
$2.66B
| $4.34M | ﹤0.01% |
30,447
-3,055
| -9% | -$381K |
|
2603
CALL
Global Payments
GPN
$25.1B
| $4.34M | ﹤0.01% |
31,800
-87,000
| -73% | -$10.6M |
|
2604
PUT
AngloGold Ashanti
AU
$48.1B
| $4.34M | ﹤0.01% |
331,100
-995,000
| -75% | -$13.4M |
|
2605
CALL
Lands' End
LE
$391M
| $4.33M | ﹤0.01% |
261,000
+84,600
| +48% | +$1.44M |
|
2606
PUT
Methanex
MEOH
$4.17B
| $4.33M | ﹤0.01% |
76,200
-17,500
| -19% | -$987K |
|
|
TVRD
2607
Tvardi Therapeutics
TVRD
$22.1M
| $4.33M | ﹤0.01% |
6,133
-1,153
| -16% | -$690K |
|
2608
CALL
Quest Diagnostics
DGX
$26.2B
| $4.33M | ﹤0.01% |
48,100
-47,400
| -50% | -$4.11M |
|
|
BHVN
2609
PUT
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $4.32M | ﹤0.01% |
84,000
-29,000
| -26% | -$1.25M |
|
|
ATH
2610
CALL
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $4.32M | ﹤0.01% |
105,800
-8,500
| -7% | -$364K |
|
2611
HF Sinclair
DINO
$15.6B
| $4.31M | ﹤0.01% |
+87,513
| New | +$4.66M |
|
2612
CALL
RadNet
RDNT
$6.08B
| $4.3M | ﹤0.01% |
+347,300
| New | +$4.56M |
|
2613
Editas Medicine
EDIT
$432M
| $4.3M | ﹤0.01% |
175,931
-146,476
| -45% | -$3.32M |
|
2614
PUT
Louisiana-Pacific
LPX
$5.15B
| $4.3M | ﹤0.01% |
176,300
+160,800
| +1,037% | +$3.93M |
|
2615
CALL
Polaris
PII
$3.9B
| $4.3M | ﹤0.01% |
50,900
-113,300
| -69% | -$9.61M |
|
2616
CALL
Western Midstream Partners
WES
$19.9B
| $4.3M | ﹤0.01% |
+137,000
| New | +$4.35M |
|
2617
WisdomTree Europe Hedged Equity Fund
HEDJ
$1.88B
| $4.29M | ﹤0.01% |
134,378
-370,290
| -73% | -$11.3M |
|
|
JWN
2618
DELISTED
Nordstrom
JWN
| $4.29M | ﹤0.01% |
+96,733
| New | +$4.41M |
|
2619
CALL
iShares US Technology ETF
IYW
$25.7B
| $4.29M | ﹤0.01% |
90,000
+25,200
| +39% | +$1.12M |
|
2620
CALL
iShares US Medical Devices ETF
IHI
$3.48B
| $4.28M | ﹤0.01% |
111,000
-89,400
| -45% | -$3.25M |
|
2621
PUT
Axos Financial
AX
$5.72B
| $4.28M | ﹤0.01% |
147,700
-265,700
| -64% | -$7.96M |
|
2622
CALL
Magna International
MGA
$18.7B
| $4.28M | ﹤0.01% |
87,800
+1,900
| +2% | +$95.8K |
|
2623
Royal Caribbean
RCL
$82.4B
| $4.28M | ﹤0.01% |
+37,302
| New | +$4.24M |
|
2624
CALL
VICI Properties
VICI
$29B
| $4.27M | ﹤0.01% |
195,200
+121,300
| +164% | +$2.56M |
|
2625
CALL
Iridium Communications
IRDM
$5.26B
| $4.26M | ﹤0.01% |
161,300
+108,800
| +207% | +$2.34M |
|
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.