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 | |
|---|---|---|---|---|---|---|
3101
Vanguard S&P 500 ETF
VOO
$1.04T
| $3M | ﹤0.01% |
11,545
-38,040
| -77% | -$9.5M |
|
3102
Invesco NASDAQ Internet ETF
PNQI
$542M
| $2.99M | ﹤0.01% |
111,020
-122,750
| -53% | -$3.12M |
|
3103
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $2.99M | ﹤0.01% |
87,592
-235,318
| -73% | -$7.9M |
|
|
HCR
3104
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $2.99M | ﹤0.01% |
672,336
+325,894
| +94% | +$1.36M |
|
3105
PUT
AMC Entertainment Holdings
AMC
$2.23B
| $2.99M | ﹤0.01% |
20,140
-3,690
| -15% | -$525K |
|
3106
CALL
Cognex
CGNX
$11B
| $2.99M | ﹤0.01% |
58,800
+3,700
| +7% | +$177K |
|
3107
CALL
Vanguard Communication Services ETF
VOX
$5.9B
| $2.99M | ﹤0.01% |
35,800
+6,800
| +23% | +$555K |
|
3108
PUT
Apogee Enterprises
APOG
$889M
| $2.99M | ﹤0.01% |
79,700
+20,600
| +35% | +$715K |
|
3109
CALL
Assembly Biosciences
ASMB
$653M
| $2.98M | ﹤0.01% |
+12,633
| New | +$3.2M |
|
3110
Invesco BulletShares 2027 Corporate Bond ETF
BSCR
$4.6B
| $2.98M | ﹤0.01% |
+150,988
| New | +$2.91M |
|
3111
PUT
FIVE9
FIVN
$2.47B
| $2.98M | ﹤0.01% |
56,400
+34,500
| +158% | +$1.75M |
|
|
RP
3112
CALL
DELISTED
RealPage, Inc.
RP
| $2.98M | ﹤0.01% |
49,100
+25,800
| +111% | +$1.48M |
|
|
RUTH
3113
CALL
DELISTED
Ruth's Hospitality Group, Inc.
RUTH
| $2.97M | ﹤0.01% |
116,200
-41,900
| -27% | -$1.02M |
|
|
AUY
3114
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $2.97M | ﹤0.01% |
1,139,400
-810,200
| -42% | -$2.1M |
|
|
PVTL
3115
DELISTED
Pivotal Software, Inc.
PVTL
| $2.97M | ﹤0.01% |
+142,493
| New | +$2.79M |
|
|
AZPN
3116
CALL
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $2.97M | ﹤0.01% |
28,500
+16,700
| +142% | +$1.74M |
|
3117
iShares MSCI France ETF
EWQ
$332M
| $2.97M | ﹤0.01% |
100,732
-174,691
| -63% | -$4.96M |
|
|
LKFT
3118
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $2.97M | ﹤0.01% |
25,200
+19,800
| +367% | +$2M |
|
|
PPL
3119
PUT
PPL Corp
PPL
$27.1B
| $2.97M | ﹤0.01% |
93,500
-54,700
| -37% | -$1.7M |
|
|
MGLN
3120
CALL
DELISTED
Magellan Health Services, Inc.
MGLN
| $2.97M | ﹤0.01% |
45,000
+40,500
| +900% | +$2.6M |
|
3121
Invesco DB Energy Fund
DBE
$91.1M
| $2.96M | ﹤0.01% |
201,832
+81,285
| +67% | +$1.15M |
|
3122
PUT
Tyler Technologies
TYL
$13.5B
| $2.96M | ﹤0.01% |
14,500
+9,600
| +196% | +$1.9M |
|
|
VER
3123
PUT
DELISTED
VEREIT, Inc.
VER
| $2.96M | ﹤0.01% |
70,800
-10,000
| -12% | -$399K |
|
3124
Baxter International
BAX
$13.8B
| $2.96M | ﹤0.01% |
36,429
+30,031
| +469% | +$2.19M |
|
3125
CALL
NNN REIT
NNN
$8.83B
| $2.96M | ﹤0.01% |
53,400
+8,100
| +18% | +$420K |
|
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.