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 | |
|---|---|---|---|---|---|---|
|
CNR
3526
PUT
Core Natural Resources Inc
CNR
$4.76B
| $2.28M | ﹤0.01% |
66,600
+52,300
| +366% | +$1.83M |
|
3527
CALL
B2Gold
BTG
$6.79B
| $2.28M | ﹤0.01% |
810,000
-505,000
| -38% | -$1.5M |
|
3528
Medtronic
MDT
$117B
| $2.27M | ﹤0.01% |
+24,983
| New | +$2.24M |
|
|
HNGR
3529
DELISTED
Hanger Inc.
HNGR
| $2.27M | ﹤0.01% |
119,439
+66,000
| +124% | +$1.31M |
|
|
SNP
3530
CALL
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $2.27M | ﹤0.01% |
28,600
-49,300
| -63% | -$4.04M |
|
|
AD
3531
Array Digital Infrastructure
AD
$3.11B
| $2.27M | ﹤0.01% |
49,512
+30,069
| +155% | +$1.57M |
|
3532
Galectin Therapeutics
GALT
$347M
| $2.27M | ﹤0.01% |
444,569
+281,460
| +173% | +$1.35M |
|
3533
iShares S&P 100 ETF
OEF
$20.5B
| $2.27M | ﹤0.01% |
18,139
-64,841
| -78% | -$7.81M |
|
3534
Jack in the Box
JACK
$325M
| $2.27M | ﹤0.01% |
27,977
-92,283
| -77% | -$7.38M |
|
3535
PUT
Canadian Imperial Bank of Commerce
CM
$113B
| $2.26M | ﹤0.01% |
57,200
-81,200
| -59% | -$3.37M |
|
3536
State Street SPDR Russell 1000 Low Volatility Focus ETF
ONEV
$307M
| $2.26M | ﹤0.01% |
+29,642
| New | +$2.18M |
|
|
CVSA
3537
PUT
Covista Inc
CVSA
$4.49B
| $2.26M | ﹤0.01% |
48,800
+43,700
| +857% | +$2.1M |
|
3538
PUT
Dycom Industries
DY
$12.6B
| $2.26M | ﹤0.01% |
49,200
-5,200
| -10% | -$285K |
|
3539
VanEck High Yield Muni ETF
HYD
$4.4B
| $2.26M | ﹤0.01% |
35,957
-24,882
| -41% | -$1.53M |
|
3540
PUT
Safety Insurance
SAFT
$1.52B
| $2.26M | ﹤0.01% |
25,900
+800
| +3% | +$68.6K |
|
3541
CALL
Encompass Health
EHC
$12.2B
| $2.25M | ﹤0.01% |
48,520
-191,693
| -80% | -$9.71M |
|
|
SNV
3542
DELISTED
Synovus
SNV
| $2.25M | ﹤0.01% |
+65,545
| New | +$2.41M |
|
3543
CALL
NiSource
NI
$20.4B
| $2.25M | ﹤0.01% |
78,400
+30,100
| +62% | +$811K |
|
3544
CALL
QuidelOrtho
QDEL
$981M
| $2.25M | ﹤0.01% |
34,300
+10,500
| +44% | +$635K |
|
|
DVAX
3545
CALL
DELISTED
Dynavax Technologies
DVAX
| $2.25M | ﹤0.01% |
307,100
-5,800
| -2% | -$56.7K |
|
3546
PUT
Strategic Education
STRA
$1.86B
| $2.25M | ﹤0.01% |
17,100
+10,300
| +151% | +$1.25M |
|
|
AIFU
3547
CALL
AIFU Inc
AIFU
$215M
| $2.25M | ﹤0.01% |
+214
| New | +$2.11M |
|
3548
iShares Core S&P 500 ETF
IVV
$908B
| $2.24M | ﹤0.01% |
7,882
-46,331
| -85% | -$12.7M |
|
3549
Opko Health
OPK
$1.03B
| $2.24M | ﹤0.01% |
859,349
+165,962
| +24% | +$503K |
|
|
GRMN
3550
Garmin
GRMN
$59.8B
| $2.24M | ﹤0.01% |
+25,935
| New | +$1.95M |
|
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.