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 | |
|---|---|---|---|---|---|---|
4101
PUT
Zurn Elkay Water Solutions
ZWS
$8.45B
| $1.59M | ﹤0.01% |
131,203
+39,029
| +42% | +$485K |
|
4102
CALL
Steris
STE
$22.7B
| $1.59M | ﹤0.01% |
12,400
+5,000
| +68% | +$588K |
|
|
RDUS
4103
PUT
DELISTED
Radius Health, Inc.
RDUS
| $1.59M | ﹤0.01% |
79,600
-11,100
| -12% | -$202K |
|
|
KEM
4104
CALL
DELISTED
KEMET Corporation
KEM
| $1.59M | ﹤0.01% |
93,500
-200,900
| -68% | -$3.69M |
|
|
WFT
4105
PUT
DELISTED
Weatherford International plc
WFT
| $1.59M | ﹤0.01% |
2,271,500
+142,600
| +7% | +$98.7K |
|
|
CARB
4106
PUT
DELISTED
Carbonite Inc
CARB
| $1.58M | ﹤0.01% |
63,900
+54,500
| +580% | +$1.4M |
|
4107
Crown Holdings
CCK
$12.9B
| $1.58M | ﹤0.01% |
+28,970
| New | +$1.49M |
|
4108
PUT
Chord Energy
CHRD
$7.51B
| $1.58M | ﹤0.01% |
261,800
-66,600
| -20% | -$399K |
|
|
RWW
4109
DELISTED
Invesco S&P Financials Revenue ETF
RWW
| $1.58M | ﹤0.01% |
25,209
-28,811
| -53% | -$1.81M |
|
4110
PUT
Armstrong World Industries
AWI
$7.7B
| $1.58M | ﹤0.01% |
19,900
+8,100
| +69% | +$565K |
|
4111
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.01B
| $1.58M | ﹤0.01% |
92,900
-648,360
| -87% | -$10.3M |
|
|
BRFS
4112
DELISTED
BRF SA
BRFS
| $1.58M | ﹤0.01% |
271,090
-22,087
| -8% | -$133K |
|
4113
CALL
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $1.58M | ﹤0.01% |
28,800
+12,400
| +76% | +$655K |
|
4114
CALL
Liberty Latin America Class A
LILA
$1.69B
| $1.58M | ﹤0.01% |
+127,442
| New | +$1.48M |
|
4115
CALL
Agilysys
AGYS
$3.22B
| $1.58M | ﹤0.01% |
74,500
+1,300
| +2% | +$24K |
|
4116
CALL
Bank of Hawaii
BOH
$3.17B
| $1.58M | ﹤0.01% |
20,000
+1,600
| +9% | +$125K |
|
4117
Invesco Bloomberg Analyst Rating Improvers ETF
UPGD
$122M
| $1.58M | ﹤0.01% |
36,061
-52,491
| -59% | -$2.21M |
|
4118
PUT
BCE
BCE
$21.9B
| $1.58M | ﹤0.01% |
35,500
-2,400
| -6% | -$104K |
|
4119
BioLife Solutions
BLFS
$1.72B
| $1.58M | ﹤0.01% |
88,099
+19,064
| +28% | +$303K |
|
|
RAD
4120
DELISTED
Rite Aid Corporation
RAD
| $1.58M | ﹤0.01% |
124,147
-233,419
| -65% | -$3.6M |
|
4121
AXIS Capital
AXS
$7.38B
| $1.57M | ﹤0.01% |
28,758
+14,563
| +103% | +$807K |
|
4122
PUT
LCI Industries
LCII
$2.58B
| $1.57M | ﹤0.01% |
20,500
-4,900
| -19% | -$388K |
|
|
TIVO
4123
PUT
DELISTED
Tivo Inc
TIVO
| $1.57M | ﹤0.01% |
168,900
+41,800
| +33% | +$433K |
|
|
ROAN
4124
DELISTED
Roan Resources, Inc.
ROAN
| $1.57M | ﹤0.01% |
257,408
-46,966
| -15% | -$408K |
|
4125
PUT
Radian Group
RDN
$4.98B
| $1.57M | ﹤0.01% |
+75,800
| New | +$1.47M |
|
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.