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 | |
|---|---|---|---|---|---|---|
3151
Zillow
Z
$7.82B
| $2.9M | ﹤0.01% |
83,537
+69,059
| +477% | +$2.46M |
|
3152
ProShares Investment Grade-Interest Rate Hedged
IGHG
$329M
| $2.9M | ﹤0.01% |
39,111
+7,168
| +22% | +$525K |
|
3153
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $2.9M | ﹤0.01% |
111,200
+90,100
| +427% | +$2.31M |
|
3154
PUT
iShares Core MSCI EAFE ETF
IEFA
$196B
| $2.89M | ﹤0.01% |
47,600
+36,600
| +333% | +$2.16M |
|
3155
MKS Inc
MKSI
$21B
| $2.89M | ﹤0.01% |
31,090
-24,201
| -44% | -$1.95M |
|
3156
CALL
VirnetX Holding Corp
VHC
$62.8M
| $2.89M | ﹤0.01% |
22,830
+17,785
| +353% | +$1.84M |
|
3157
PUT
Plains GP Holdings
PAGP
$5.11B
| $2.89M | ﹤0.01% |
115,800
-37,500
| -24% | -$886K |
|
3158
Franco-Nevada
FNV
$45.2B
| $2.88M | ﹤0.01% |
38,442
-60,842
| -61% | -$4.52M |
|
3159
CALL
Smith & Nephew
SNN
$12.5B
| $2.88M | ﹤0.01% |
+71,900
| New | +$2.76M |
|
3160
PUT
PRA Group
PRAA
$776M
| $2.88M | ﹤0.01% |
107,500
+60,000
| +126% | +$1.74M |
|
|
SBNY
3161
PUT
DELISTED
Signature Bank
SBNY
| $2.88M | ﹤0.01% |
22,500
-17,900
| -44% | -$2.28M |
|
|
LADR
3162
CALL
Ladder Capital
LADR
$1.27B
| $2.88M | ﹤0.01% |
169,200
-19,200
| -10% | -$328K |
|
3163
PUT
Nordson
NDSN
$17.2B
| $2.88M | ﹤0.01% |
21,700
+11,300
| +109% | +$1.47M |
|
3164
Best Buy
BBY
$18.2B
| $2.88M | ﹤0.01% |
+40,453
| New | +$2.52M |
|
3165
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $2.88M | ﹤0.01% |
28,305
+25,958
| +1,106% | +$2.63M |
|
3166
iShares US Basic Materials ETF
IYM
$1.02B
| $2.87M | ﹤0.01% |
31,443
-30,100
| -49% | -$2.7M |
|
3167
CALL
Wingstop
WING
$3.44B
| $2.87M | ﹤0.01% |
37,800
+5,400
| +17% | +$368K |
|
3168
PUT
Cadence Design Systems
CDNS
$89.5B
| $2.87M | ﹤0.01% |
45,200
-5,600
| -11% | -$297K |
|
3169
PUT
Silicon Laboratories
SLAB
$7.29B
| $2.87M | ﹤0.01% |
35,500
+18,800
| +113% | +$1.56M |
|
|
BDSI
3170
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $2.86M | ﹤0.01% |
539,966
+272,358
| +102% | +$1.24M |
|
3171
Vanguard Russell 2000 Growth ETF
VTWG
$1.57B
| $2.86M | ﹤0.01% |
19,999
-5,435
| -21% | -$751K |
|
3172
iShares Russell Top 200 ETF
IWL
$2.29B
| $2.85M | ﹤0.01% |
43,482
-1,339
| -3% | -$84.5K |
|
3173
CALL
SM Energy
SM
$8.03B
| $2.85M | ﹤0.01% |
163,200
-361,200
| -69% | -$6.42M |
|
3174
CALL
TC Energy
TRP
$66.7B
| $2.85M | ﹤0.01% |
63,500
+11,400
| +22% | +$490K |
|
|
NBLX
3175
CALL
DELISTED
Noble Midstream Partners LP
NBLX
| $2.85M | ﹤0.01% |
79,200
+66,100
| +505% | +$2.25M |
|
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.