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 | 1.44% |
| 2 | Communication Services | 1.2% |
| 3 | Consumer Discretionary | 1.2% |
| 4 | Financials | 0.94% |
| 5 | Healthcare | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2776
PUT
Wyndham Hotels & Resorts
WH
$5.51B
| $3.82M | ﹤0.01% |
76,400
-54,200
| -42% | -$2.74M |
|
|
JKS
2777
JinkoSolar
JKS
$857M
| $3.81M | ﹤0.01% |
211,813
-177,529
| -46% | -$2.89M |
|
2778
NCR Voyix
VYX
$1.15B
| $3.81M | ﹤0.01% |
227,569
+210,958
| +1,270% | +$3.49M |
|
2779
CALL
Blackstone Mortgage Trust
BXMT
$2.45B
| $3.81M | ﹤0.01% |
110,200
+47,100
| +75% | +$1.6M |
|
|
ESV
2780
PUT
DELISTED
Ensco Rowan plc
ESV
| $3.8M | ﹤0.01% |
242,000
-39,200
| -14% | -$683K |
|
|
MZTI
2781
PUT
The Marzetti Company
MZTI
$3.2B
| $3.79M | ﹤0.01% |
24,200
-6,800
| -22% | -$1.09M |
|
2782
CALL
Viper Energy
VNOM
$15B
| $3.79M | ﹤0.01% |
114,200
-77,400
| -40% | -$2.48M |
|
2783
CALL
Post Holdings
POST
$3.63B
| $3.79M | ﹤0.01% |
52,869
-10,543
| -17% | -$691K |
|
|
CONE
2784
CALL
DELISTED
CyrusOne Inc Common Stock
CONE
| $3.78M | ﹤0.01% |
72,100
+38,700
| +116% | +$2.02M |
|
2785
iShares MSCI Indonesia ETF
EIDO
$491M
| $3.77M | ﹤0.01% |
146,933
+84,187
| +134% | +$2.22M |
|
|
ZGNX
2786
PUT
DELISTED
Zogenix, Inc.
ZGNX
| $3.77M | ﹤0.01% |
68,500
-31,700
| -32% | -$1.51M |
|
2787
PUT
Insulet
PODD
$10.1B
| $3.77M | ﹤0.01% |
39,600
+25,700
| +185% | +$2.2M |
|
|
ECHO
2788
PUT
EchoStar
ECHO
$26.8B
| $3.77M | ﹤0.01% |
127,472
+99,090
| +349% | +$3.12M |
|
|
HZNP
2789
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $3.76M | ﹤0.01% |
142,400
+106,400
| +296% | +$2.52M |
|
2790
CALL
AeroVironment
AVAV
$9.82B
| $3.76M | ﹤0.01% |
55,000
-9,400
| -15% | -$709K |
|
2791
Philip Morris
PM
$293B
| $3.76M | ﹤0.01% |
42,535
-48,342
| -53% | -$3.89M |
|
2792
Zscaler
ZS
$30.6B
| $3.76M | ﹤0.01% |
53,006
-24,072
| -31% | -$1.28M |
|
2793
iShares MSCI EAFE Value ETF
EFV
$30.2B
| $3.75M | ﹤0.01% |
76,822
-11,174
| -13% | -$538K |
|
|
TEN
2794
PUT
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $3.75M | ﹤0.01% |
169,300
+146,400
| +639% | +$4.62M |
|
2795
PUT
Factset
FDS
$10B
| $3.75M | ﹤0.01% |
15,100
-27,200
| -64% | -$6.08M |
|
2796
CALL
Republic Services
RSG
$66B
| $3.75M | ﹤0.01% |
46,600
+4,100
| +10% | +$316K |
|
2797
CALL
Fluor
FLR
$6.96B
| $3.74M | ﹤0.01% |
101,700
-83,100
| -45% | -$3.04M |
|
2798
PUT
Nokia
NOK
$59.2B
| $3.74M | ﹤0.01% |
654,200
-382,700
| -37% | -$2.34M |
|
2799
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$241M
| $3.74M | ﹤0.01% |
140,805
+41,784
| +42% | +$1.1M |
|
2800
PayPal
PYPL
$51.5B
| $3.74M | ﹤0.01% |
35,993
+28,103
| +356% | +$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 Communication Services and Consumer Discretionary.
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.