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 | |
|---|---|---|---|---|---|---|
4126
State Street SPDR S&P 500 Fossil Fuel Reserves Free ETF
SPYX
$2.88B
| $1.57M | ﹤0.01% |
69,084
-40,140
| -37% | -$884K |
|
4127
CALL
Bank OZK
OZK
$5.72B
| $1.57M | ﹤0.01% |
+54,200
| New | +$1.64M |
|
4128
CALL
STAAR Surgical
STAA
$1.31B
| $1.57M | ﹤0.01% |
45,900
-41,400
| -47% | -$1.46M |
|
4129
ALPS Equal Sector Weight ETF
EQL
$769M
| $1.57M | ﹤0.01% |
65,244
-50,976
| -44% | -$1.18M |
|
4130
PUT
iShares S&P 500 Growth ETF
IVW
$77.6B
| $1.57M | ﹤0.01% |
36,400
+15,600
| +75% | +$639K |
|
|
VPU
4131
PUT
Vanguard Utilities ETF
VPU
$8.57B
| $1.57M | ﹤0.01% |
12,100
+3,400
| +39% | +$422K |
|
|
TWOU
4132
DELISTED
2U Inc
TWOU
| $1.57M | ﹤0.01% |
738
-147
| -17% | -$278K |
|
4133
CALL
Natural Resource Partners
NRP
$1.39B
| $1.57M | ﹤0.01% |
37,300
-21,300
| -36% | -$854K |
|
4134
CALL
Invesco Golden Dragon China ETF
PGJ
$93.8M
| $1.57M | ﹤0.01% |
38,700
+24,500
| +173% | +$911K |
|
4135
PUT
BOK Financial
BOKF
$8.88B
| $1.57M | ﹤0.01% |
+19,200
| New | +$1.61M |
|
4136
CALL
Ecopetrol
EC
$35.3B
| $1.56M | ﹤0.01% |
73,000
+9,000
| +14% | +$176K |
|
4137
PUT
Cavco Industries
CVCO
$4.65B
| $1.56M | ﹤0.01% |
13,300
-5,200
| -28% | -$711K |
|
4138
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $1.56M | ﹤0.01% |
47,623
-58,114
| -55% | -$1.86M |
|
4139
PUT
Main Street Capital
MAIN
$5.5B
| $1.56M | ﹤0.01% |
42,000
+35,600
| +556% | +$1.33M |
|
4140
PUT
Sprouts Farmers Market
SFM
$7.69B
| $1.56M | ﹤0.01% |
72,500
-22,300
| -24% | -$523K |
|
|
HIBB
4141
CALL
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.56M | ﹤0.01% |
68,500
-68,300
| -50% | -$1.2M |
|
4142
PUT
Vicor
VICR
$10.8B
| $1.56M | ﹤0.01% |
50,300
-50,400
| -50% | -$1.86M |
|
|
CALA
4143
CALL
DELISTED
Calithera Biosciences, Inc
CALA
| $1.56M | ﹤0.01% |
11,565
+11,050
| +2,146% | +$1.16M |
|
4144
PUT
Federal Realty Investment Trust
FRT
$10.3B
| $1.56M | ﹤0.01% |
11,300
+8,000
| +242% | +$1.05M |
|
4145
CALL
Skywest
SKYW
$4.18B
| $1.56M | ﹤0.01% |
28,700
+18,500
| +181% | +$949K |
|
4146
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $1.56M | ﹤0.01% |
30,000
-1,000
| -3% | -$50.7K |
|
4147
CALL
AppFolio
APPF
$7.23B
| $1.56M | ﹤0.01% |
+19,600
| New | +$1.31M |
|
4148
CALL
Manitowoc
MTW
$746M
| $1.55M | ﹤0.01% |
94,700
+64,400
| +213% | +$1.07M |
|
4149
ProShares Short S&P500
SH
$841M
| $1.55M | ﹤0.01% |
+14,043
| New | +$1.62M |
|
4150
PUT
Materion
MTRN
$5.9B
| $1.55M | ﹤0.01% |
27,200
-11,500
| -30% | -$598K |
|
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.