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 | |
|---|---|---|---|---|---|---|
|
LXFT
3801
PUT
DELISTED
Luxoft Holding, Inc.
LXFT
| $1.89M | ﹤0.01% |
32,200
+10,000
| +45% | +$568K |
|
3802
First Trust Developed Markets ex-US AlphaDEX Fund
FDT
$1.34B
| $1.89M | ﹤0.01% |
34,742
-170,818
| -83% | -$9.09M |
|
3803
PUT
Hartford Financial Services
HIG
$37.8B
| $1.89M | ﹤0.01% |
38,000
-66,500
| -64% | -$3.16M |
|
3804
CALL
QuinStreet
QNST
$1.18B
| $1.89M | ﹤0.01% |
141,100
-145,600
| -51% | -$2.26M |
|
3805
PUT
iShares Russell 1000 ETF
IWB
$50.4B
| $1.89M | ﹤0.01% |
+12,000
| New | +$1.81M |
|
3806
PUT
Reinsurance Group of America
RGA
$16.3B
| $1.89M | ﹤0.01% |
13,300
+3,100
| +30% | +$446K |
|
3807
CALL
Jack Henry & Associates
JKHY
$10.9B
| $1.89M | ﹤0.01% |
13,600
-9,100
| -40% | -$1.2M |
|
3808
CALL
Carlyle Group
CG
$17.6B
| $1.89M | ﹤0.01% |
103,200
+78,400
| +316% | +$1.42M |
|
3809
PUT
Crocs
CROX
$6.32B
| $1.89M | ﹤0.01% |
73,200
-56,500
| -44% | -$1.55M |
|
3810
PUT
Inseego
INSG
$77M
| $1.89M | ﹤0.01% |
39,930
+31,020
| +348% | +$1.58M |
|
3811
PUT
Cactus
WHD
$5.88B
| $1.88M | ﹤0.01% |
52,900
-159,000
| -75% | -$5.42M |
|
3812
Caleres
CAL
$449M
| $1.88M | ﹤0.01% |
+76,218
| New | +$2.18M |
|
3813
PUT
Medallion Financial
MFIN
$264M
| $1.88M | ﹤0.01% |
272,800
+130,700
| +92% | +$765K |
|
3814
WBI BullBear Quality 3000 ETF
WBIL
$31.1M
| $1.88M | ﹤0.01% |
71,567
+48,175
| +206% | +$1.22M |
|
|
AAWW
3815
CALL
DELISTED
Atlas Air Worldwide Holdings, Inc.
AAWW
| $1.88M | ﹤0.01% |
37,200
+16,800
| +82% | +$850K |
|
|
MZTI
3816
CALL
The Marzetti Company
MZTI
$3.18B
| $1.88M | ﹤0.01% |
12,000
-700
| -6% | -$113K |
|
3817
CALL
Alkermes
ALKS
$8.23B
| $1.88M | ﹤0.01% |
51,500
+6,600
| +15% | +$218K |
|
3818
CALL
BlackLine
BL
$1.77B
| $1.88M | ﹤0.01% |
40,500
+13,300
| +49% | +$625K |
|
3819
PUT
Terex
TEX
$7.76B
| $1.88M | ﹤0.01% |
58,400
+15,100
| +35% | +$479K |
|
3820
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $1.88M | ﹤0.01% |
45,113
+23,641
| +110% | +$946K |
|
3821
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$2.08B
| $1.87M | ﹤0.01% |
41,416
+28,924
| +232% | +$1.26M |
|
3822
PUT
Varonis Systems
VRNS
$5.17B
| $1.87M | ﹤0.01% |
94,200
+69,000
| +274% | +$1.31M |
|
3823
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $1.87M | ﹤0.01% |
+47,025
| New | +$1.84M |
|
3824
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $1.87M | ﹤0.01% |
16,671
+14,578
| +697% | +$1.57M |
|
3825
CALL
Builders FirstSource
BLDR
$7.8B
| $1.87M | ﹤0.01% |
140,100
+48,300
| +53% | +$635K |
|
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.