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 | |
|---|---|---|---|---|---|---|
2626
CALL
Cenovus Energy
CVE
$56.4B
| $4.26M | ﹤0.01% |
491,300
+36,500
| +8% | +$303K |
|
2627
iShares Morningstar Mid-Cap ETF
IMCB
$1.73B
| $4.26M | ﹤0.01% |
90,684
+64,668
| +249% | +$2.92M |
|
2628
iShares S&P India Nifty 50 Index Fund
INDY
$562M
| $4.26M | ﹤0.01% |
112,290
+85,385
| +317% | +$3.02M |
|
2629
CALL
NatWest
NWG
$76.9B
| $4.25M | ﹤0.01% |
605,986
+48,379
| +9% | +$339K |
|
2630
CALL
Core Laboratories
CLB
$571M
| $4.25M | ﹤0.01% |
61,600
+47,700
| +343% | +$3.2M |
|
2631
CALL
Genesis Energy
GEL
$1.94B
| $4.25M | ﹤0.01% |
182,200
+112,400
| +161% | +$2.43M |
|
|
APU
2632
PUT
DELISTED
AmeriGas Partners, L.P.
APU
| $4.25M | ﹤0.01% |
137,500
-37,300
| -21% | -$1.09M |
|
2633
CALL
Cal-Maine
CALM
$3.87B
| $4.24M | ﹤0.01% |
95,100
+6,300
| +7% | +$274K |
|
2634
PUT
Evolus
EOLS
$536M
| $4.24M | ﹤0.01% |
+188,000
| New | +$4.06M |
|
2635
CALL
Vanguard Consumer Staples ETF
VDC
$8.03B
| $4.24M | ﹤0.01% |
29,200
+24,200
| +484% | +$3.36M |
|
2636
CALL
Grand Canyon Education
LOPE
$3.79B
| $4.24M | ﹤0.01% |
37,000
-17,500
| -32% | -$1.8M |
|
2637
Molina Healthcare
MOH
$10.8B
| $4.23M | ﹤0.01% |
29,825
+8,452
| +40% | +$1.14M |
|
|
SNCR
2638
DELISTED
Synchronoss Technologies
SNCR
| $4.22M | ﹤0.01% |
77,173
+6,259
| +9% | +$407K |
|
2639
TG Therapeutics
TGTX
$7.58B
| $4.22M | ﹤0.01% |
525,203
+508,731
| +3,088% | +$2.75M |
|
2640
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$52.4M
| $4.22M | ﹤0.01% |
93
+35
| +60% | +$1.75M |
|
|
TSG
2641
CALL
DELISTED
The Stars Group Inc.
TSG
| $4.21M | ﹤0.01% |
240,300
+203,000
| +544% | +$3.49M |
|
2642
Vanguard Morningstar Small-Cap ETF
VB
$83.4B
| $4.21M | ﹤0.01% |
+27,532
| New | +$4.09M |
|
|
SRCL
2643
CALL
DELISTED
Stericycle Inc
SRCL
| $4.2M | ﹤0.01% |
77,200
+56,100
| +266% | +$2.54M |
|
2644
PUT
NGL Energy Partners
NGL
$2.12B
| $4.2M | ﹤0.01% |
299,300
+189,700
| +173% | +$2.34M |
|
|
DBD
2645
CALL
DELISTED
Diebold Nixdorf Incorporated
DBD
| $4.18M | ﹤0.01% |
377,900
+257,100
| +213% | +$1.8M |
|
2646
Hecla Mining
HL
$11.9B
| $4.18M | ﹤0.01% |
1,817,363
-202,190
| -10% | -$509K |
|
2647
CALL
Marriott Vacations Worldwide
VAC
$4.1B
| $4.18M | ﹤0.01% |
44,700
-126,500
| -74% | -$11.4M |
|
2648
PUT
First Majestic Silver
AG
$9.26B
| $4.17M | ﹤0.01% |
634,100
-325,200
| -34% | -$2.04M |
|
2649
PUT
Qualys
QLYS
$6.47B
| $4.17M | ﹤0.01% |
50,400
+23,600
| +88% | +$1.96M |
|
2650
PUT
Lazard
LAZ
$4.24B
| $4.16M | ﹤0.01% |
115,100
+66,100
| +135% | +$2.49M |
|
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.