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 | |
|---|---|---|---|---|---|---|
4001
CALL
Morningstar
MORN
$7.78B
| $1.69M | ﹤0.01% |
13,400
+4,900
| +58% | +$589K |
|
4002
American Water Works
AWK
$27.1B
| $1.69M | ﹤0.01% |
+16,171
| New | +$1.59M |
|
4003
iShares MSCI Italy ETF
EWI
$1.08B
| $1.69M | ﹤0.01% |
60,662
-2,435
| -4% | -$64.3K |
|
|
THS
4004
CALL
DELISTED
Treehouse Foods
THS
| $1.69M | ﹤0.01% |
26,100
-19,000
| -42% | -$1.12M |
|
4005
PUT
Anika Therapeutics
ANIK
$288M
| $1.68M | ﹤0.01% |
55,700
+35,700
| +179% | +$1.22M |
|
4006
Bank OZK
OZK
$5.72B
| $1.68M | ﹤0.01% |
+58,122
| New | +$1.76M |
|
4007
ENI
E
$79.8B
| $1.68M | ﹤0.01% |
47,751
-66,108
| -58% | -$2.24M |
|
4008
First Trust Health Care AlphaDEX Fund
FXH
$1.11B
| $1.68M | ﹤0.01% |
22,022
-154,494
| -88% | -$11.5M |
|
4009
PUT
Jabil
JBL
$38B
| $1.68M | ﹤0.01% |
63,300
-22,000
| -26% | -$588K |
|
|
SPYM
4010
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $1.68M | ﹤0.01% |
50,652
+20,647
| +69% | +$659K |
|
4011
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$397M
| $1.68M | ﹤0.01% |
41
-45
| -52% | -$2.15M |
|
4012
PUT
Host Hotels & Resorts
HST
$15.7B
| $1.68M | ﹤0.01% |
88,800
+67,400
| +315% | +$1.24M |
|
4013
CALL
OFG Bancorp
OFG
$2.28B
| $1.68M | ﹤0.01% |
84,700
-60,300
| -42% | -$1.17M |
|
|
CNSL
4014
CALL
DELISTED
Consolidated Communications Holdings, Inc.
CNSL
| $1.68M | ﹤0.01% |
153,600
+72,700
| +90% | +$760K |
|
|
WPS
4015
DELISTED
iShares International Developed Property ETF
WPS
| $1.67M | ﹤0.01% |
43,101
+1,867
| +5% | +$69.8K |
|
|
CBM
4016
PUT
DELISTED
Cambrex Corporation
CBM
| $1.67M | ﹤0.01% |
43,100
+3,300
| +8% | +$135K |
|
4017
PUT
Builders FirstSource
BLDR
$7.8B
| $1.67M | ﹤0.01% |
125,400
+47,400
| +61% | +$623K |
|
4018
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $1.67M | ﹤0.01% |
13,000
+9,535
| +275% | +$1.21M |
|
4019
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $1.67M | ﹤0.01% |
+15,775
| New | +$1.67M |
|
4020
VirnetX Holding Corp
VHC
$62.8M
| $1.67M | ﹤0.01% |
13,190
-16,040
| -55% | -$1.66M |
|
|
PPSC
4021
DELISTED
PortfolioPlus S&P Small Cap ETF
PPSC
| $1.67M | ﹤0.01% |
47,600
+3,435
| +8% | +$120K |
|
4022
Curtiss-Wright
CW
$25.8B
| $1.67M | ﹤0.01% |
14,715
-39,311
| -73% | -$4.48M |
|
4023
iShares iBonds Dec 2027 Term Corporate ETF
IBDS
$3.87B
| $1.67M | ﹤0.01% |
67,987
-59,411
| -47% | -$1.42M |
|
|
CCMP
4024
PUT
DELISTED
CMC Materials, Inc. Common Stock
CCMP
| $1.67M | ﹤0.01% |
14,900
-19,400
| -57% | -$2.01M |
|
4025
PUT
Gogo Inc
GOGO
$383M
| $1.67M | ﹤0.01% |
370,800
+181,600
| +96% | +$757K |
|
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.