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 | |
|---|---|---|---|---|---|---|
2951
Invesco S&P 500 Equal Weight Health Care ETF
RSPH
$794M
| $3.35M | ﹤0.01% |
169,970
-342,760
| -67% | -$6.61M |
|
|
AVYA
2952
PUT
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $3.35M | ﹤0.01% |
199,100
+181,000
| +1,000% | +$2.84M |
|
|
PVTL
2953
PUT
DELISTED
Pivotal Software, Inc.
PVTL
| $3.35M | ﹤0.01% |
160,700
+71,000
| +79% | +$1.39M |
|
|
FIT
2954
DELISTED
Fitbit, Inc. Class A common stock
FIT
| $3.35M | ﹤0.01% |
565,485
-1,228,880
| -68% | -$7.46M |
|
|
CONN
2955
CALL
DELISTED
Conn's Inc.
CONN
| $3.34M | ﹤0.01% |
146,300
+37,000
| +34% | +$797K |
|
2956
CALL
Protolabs
PRLB
$2.18B
| $3.34M | ﹤0.01% |
31,800
-10,300
| -24% | -$1.16M |
|
2957
CALL
TechnipFMC
FTI
$30.6B
| $3.34M | ﹤0.01% |
190,982
-132,250
| -41% | -$2.24M |
|
2958
iShares US Equity Factor ETF
LRGF
$3.73B
| $3.34M | ﹤0.01% |
+107,493
| New | +$3.25M |
|
|
BNY
2959
Bank of New York Mellon
BNY
$110B
| $3.33M | ﹤0.01% |
+66,096
| New | +$3.41M |
|
|
OSIR
2960
DELISTED
Osiris Therapeutics, Inc. Common Stock
OSIR
| $3.33M | ﹤0.01% |
175,223
+26,435
| +18% | +$429K |
|
2961
CALL
Leggett & Platt
LEG
$1.32B
| $3.33M | ﹤0.01% |
78,800
+66,800
| +557% | +$2.81M |
|
2962
CALL
Vanguard Financials ETF
VFH
$14B
| $3.32M | ﹤0.01% |
51,500
+21,100
| +69% | +$1.37M |
|
|
ATSG
2963
CALL
DELISTED
Air Transport Services Group
ATSG
| $3.32M | ﹤0.01% |
144,200
+129,800
| +901% | +$2.99M |
|
|
EMBJ
2964
CALL
Embraer S.A. ADS
EMBJ
$13.3B
| $3.32M | ﹤0.01% |
174,800
+103,800
| +146% | +$2.16M |
|
|
ISBC
2965
PUT
DELISTED
Investors Bancorp, Inc.
ISBC
| $3.32M | ﹤0.01% |
279,900
+175,400
| +168% | +$2.11M |
|
|
MMP
2966
DELISTED
Magellan Midstream Partners, L.P.
MMP
| $3.31M | ﹤0.01% |
54,610
-838
| -2% | -$50.6K |
|
2967
Illumina
ILMN
$29B
| $3.31M | ﹤0.01% |
10,954
+10,024
| +1,078% | +$2.92M |
|
2968
PUT
Fate Therapeutics
FATE
$298M
| $3.31M | ﹤0.01% |
188,300
+82,500
| +78% | +$1.3M |
|
2969
PUT
Guidewire Software
GWRE
$14.7B
| $3.3M | ﹤0.01% |
34,000
+2,700
| +9% | +$241K |
|
2970
CALL
AllianceBernstein
AB
$3.41B
| $3.3M | ﹤0.01% |
114,300
+72,900
| +176% | +$2.14M |
|
2971
PUT
Unilever
UL
$134B
| $3.3M | ﹤0.01% |
50,844
+45,066
| +780% | +$2.75M |
|
2972
CALL
Nu Skin
NUS
$235M
| $3.3M | ﹤0.01% |
68,900
+49,200
| +250% | +$2.98M |
|
2973
PUT
Pinnacle West Capital
PNW
$12.3B
| $3.3M | ﹤0.01% |
34,500
+18,300
| +113% | +$1.65M |
|
2974
StoneCo
STNE
$2.33B
| $3.3M | ﹤0.01% |
+80,193
| New | +$2.18M |
|
|
BSJK
2975
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $3.3M | ﹤0.01% |
136,897
-92,994
| -40% | -$2.23M |
|
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.