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 | |
|---|---|---|---|---|---|---|
2826
PUT
Green Plains
GPRE
$1.09B
| $3.68M | ﹤0.01% |
+220,800
| New | +$3.31M |
|
2827
PUT
W.P. Carey
WPC
$16.4B
| $3.68M | ﹤0.01% |
47,987
-26,852
| -36% | -$1.93M |
|
2828
CALL
Hubbell
HUBB
$26.9B
| $3.68M | ﹤0.01% |
31,200
+20,200
| +184% | +$2.28M |
|
2829
PUT
ProShares UltraShort Yen
YCS
$29.9M
| $3.68M | ﹤0.01% |
192,400
+113,200
| +143% | +$2.12M |
|
2830
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $3.68M | ﹤0.01% |
35,200
+5,200
| +17% | +$524K |
|
2831
Unum
UNM
$14.9B
| $3.67M | ﹤0.01% |
+108,605
| New | +$3.78M |
|
2832
PUT
Commault Systems
CVLT
$6.04B
| $3.67M | ﹤0.01% |
56,700
+26,400
| +87% | +$1.71M |
|
|
DHR.PRA
2833
DELISTED
Danaher Corporation 4.75% Mandatory Convertible Preferred Stock, Series A
DHR.PRA
| $3.67M | ﹤0.01% |
+3,500
| New | +$3.61M |
|
|
CDK
2834
CALL
DELISTED
CDK Global, Inc.
CDK
| $3.67M | ﹤0.01% |
62,400
+9,800
| +19% | +$534K |
|
2835
PUT
BorgWarner
BWA
$13.9B
| $3.67M | ﹤0.01% |
108,488
-6,702
| -6% | -$232K |
|
2836
CALL
Landstar System
LSTR
$6.42B
| $3.67M | ﹤0.01% |
33,500
+8,100
| +32% | +$853K |
|
2837
PUT
Steven Madden
SHOO
$3.46B
| $3.67M | ﹤0.01% |
108,300
-19,000
| -15% | -$621K |
|
2838
PUT
Enanta Pharmaceuticals
ENTA
$381M
| $3.66M | ﹤0.01% |
38,300
+1,900
| +5% | +$170K |
|
2839
CALL
Integer Holdings
ITGR
$4.26B
| $3.66M | ﹤0.01% |
48,500
+22,000
| +83% | +$1.8M |
|
2840
CALL
RPM International
RPM
$14.3B
| $3.66M | ﹤0.01% |
63,000
-8,700
| -12% | -$494K |
|
2841
PUT
ProShares Ultra Technology
ROM
$1.31B
| $3.66M | ﹤0.01% |
264,800
+123,200
| +87% | +$1.49M |
|
2842
Visteon
VC
$2.85B
| $3.65M | ﹤0.01% |
54,206
+43,558
| +409% | +$3.28M |
|
|
ARRS
2843
CALL
DELISTED
ARRIS International plc Ordinary Shares
ARRS
| $3.65M | ﹤0.01% |
115,400
+50,100
| +77% | +$1.57M |
|
2844
VanEck Oil Services ETF
OIH
$2.01B
| $3.65M | ﹤0.01% |
10,582
+7,992
| +309% | +$2.7M |
|
2845
Upbound Group
UPBD
$1.14B
| $3.65M | ﹤0.01% |
174,666
+160,481
| +1,131% | +$2.96M |
|
2846
PUT
Red Rock Resorts
RRR
$3.78B
| $3.64M | ﹤0.01% |
140,800
+129,200
| +1,114% | +$3.34M |
|
2847
CALL
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $3.64M | ﹤0.01% |
138,200
-1,050,700
| -88% | -$25.8M |
|
|
SPR
2848
DELISTED
Spirit AeroSystems
SPR
| $3.64M | ﹤0.01% |
39,760
+4,302
| +12% | +$380K |
|
2849
CALL
CoStar Group
CSGP
$13.1B
| $3.64M | ﹤0.01% |
78,000
+26,000
| +50% | +$1.07M |
|
|
USG
2850
PUT
DELISTED
Usg
USG
| $3.64M | ﹤0.01% |
84,000
-48,800
| -37% | -$2.1M |
|
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.