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 | |
|---|---|---|---|---|---|---|
3001
CALL
Vera Bradley
VRA
$93.6M
| $3.23M | ﹤0.01% |
244,000
+192,900
| +377% | +$1.97M |
|
3002
PUT
Caleres
CAL
$448M
| $3.23M | ﹤0.01% |
+130,800
| New | +$3.74M |
|
3003
Vanda Pharmaceuticals
VNDA
$316M
| $3.23M | ﹤0.01% |
+175,504
| New | +$4M |
|
3004
Nabors Industries
NBR
$1.39B
| $3.23M | ﹤0.01% |
18,751
+821
| +5% | +$128K |
|
|
PVG
3005
CALL
DELISTED
PRETIUM RESOURCES INC.
PVG
| $3.23M | ﹤0.01% |
376,700
-311,500
| -45% | -$2.48M |
|
3006
iShares MSCI Spain ETF
EWP
$2.22B
| $3.22M | ﹤0.01% |
112,700
-473,249
| -81% | -$13.5M |
|
3007
CALL
Sunrun
RUN
$2.43B
| $3.22M | ﹤0.01% |
229,300
+120,500
| +111% | +$1.66M |
|
3008
CALL
AvalonBay Communities
AVB
$26.3B
| $3.21M | ﹤0.01% |
16,000
-84,300
| -84% | -$16.1M |
|
3009
CALL
Service Corp International
SCI
$11.5B
| $3.21M | ﹤0.01% |
80,000
+47,700
| +148% | +$1.99M |
|
3010
CALL
Generac Holdings
GNRC
$13B
| $3.21M | ﹤0.01% |
62,600
-2,700
| -4% | -$141K |
|
|
ICPT
3011
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $3.21M | ﹤0.01% |
28,670
-25,118
| -47% | -$2.74M |
|
|
KYNB
3012
Kyntra Bio
KYNB
$29M
| $3.2M | ﹤0.01% |
2,356
-17,013
| -88% | -$23.1M |
|
3013
iShares S&P GSCI Commodity-Indexed Trust
GSG
$941M
| $3.2M | ﹤0.01% |
+200,649
| New | +$3.09M |
|
3014
CALL
ProShares UltraPro Short Russell2000
SRTY
$65.7M
| $3.2M | ﹤0.01% |
1,255
+1,035
| +470% | +$2.88M |
|
|
BSCJ
3015
DELISTED
Invesco BulletShares 2019 Corporate Bond ETF
BSCJ
| $3.2M | ﹤0.01% |
151,771
+116,695
| +333% | +$2.46M |
|
|
TECD
3016
CALL
DELISTED
Tech Data Corp
TECD
| $3.19M | ﹤0.01% |
31,200
+6,700
| +27% | +$655K |
|
3017
Element Solutions
ESI
$9.51B
| $3.19M | ﹤0.01% |
316,224
-15,304
| -5% | -$170K |
|
3018
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $3.19M | ﹤0.01% |
25,900
+23,200
| +859% | +$2.82M |
|
3019
PUT
Bank of Montreal
BMO
$130B
| $3.19M | ﹤0.01% |
42,600
-30,400
| -42% | -$2.25M |
|
3020
Ulta Beauty
ULTA
$22B
| $3.19M | ﹤0.01% |
+9,138
| New | +$2.76M |
|
|
NUO
3021
DELISTED
Nuveen Ohio Quality Municipal Income Fund
NUO
| $3.19M | ﹤0.01% |
219,955
-45,761
| -17% | -$645K |
|
3022
First Trust RiverFront Dynamic Developed International ETF
RFDI
$168M
| $3.18M | ﹤0.01% |
56,162
-18,102
| -24% | -$1M |
|
|
GSKY
3023
CALL
DELISTED
GreenSky, Inc. Class A Common Stock
GSKY
| $3.18M | ﹤0.01% |
245,700
+181,900
| +285% | +$2.07M |
|
|
HRC
3024
CALL
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $3.18M | ﹤0.01% |
30,000
+14,300
| +91% | +$1.44M |
|
3025
Guardant Health
GH
$21.1B
| $3.17M | ﹤0.01% |
+41,335
| New | +$2.29M |
|
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.