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 | |
|---|---|---|---|---|---|---|
4326
iShares Morningstar Small-Cap ETF
ISCB
$295M
| $1.39M | ﹤0.01% |
32,920
+14,404
| +78% | +$597K |
|
4327
Fidelity Corporate Bond ETF
FCOR
$352M
| $1.39M | ﹤0.01% |
27,795
+13,299
| +92% | +$649K |
|
4328
PUT
Kaiser Aluminum
KALU
$2.97B
| $1.39M | ﹤0.01% |
+13,300
| New | +$1.35M |
|
4329
CALL
Orthofix Medical
OFIX
$421M
| $1.39M | ﹤0.01% |
24,700
+3,200
| +15% | +$180K |
|
|
MDC
4330
CALL
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.39M | ﹤0.01% |
51,788
+10,731
| +26% | +$284K |
|
|
TLND
4331
CALL
DELISTED
Talend S.A. American Depositary Shares
TLND
| $1.39M | ﹤0.01% |
27,500
+19,400
| +240% | +$828K |
|
|
HDV
4332
CALL
iShares Core High Dividend ETF
HDV
$15.1B
| $1.39M | ﹤0.01% |
74,500
+52,500
| +239% | +$943K |
|
|
XONE
4333
DELISTED
The ExOne Company
XONE
| $1.39M | ﹤0.01% |
163,704
+41,328
| +34% | +$381K |
|
4334
CALL
Adtran
ADTN
$684M
| $1.39M | ﹤0.01% |
101,400
+12,000
| +13% | +$166K |
|
|
BMS
4335
CALL
DELISTED
Bemis
BMS
| $1.39M | ﹤0.01% |
25,000
-19,100
| -43% | -$972K |
|
|
HEP
4336
DELISTED
Holly Energy Partners, L.P.
HEP
| $1.39M | ﹤0.01% |
+51,348
| New | +$1.49M |
|
4337
PUT
Strategy Inc
MSTR
$36.6B
| $1.39M | ﹤0.01% |
96,000
-36,000
| -27% | -$498K |
|
|
HRC
4338
DELISTED
HILL-ROM HOLDINGS, INC.
HRC
| $1.38M | ﹤0.01% |
+13,072
| New | +$1.32M |
|
4339
Vanguard Communication Services ETF
VOX
$5.9B
| $1.38M | ﹤0.01% |
16,562
-74,202
| -82% | -$6.05M |
|
4340
PUT
Mitek Systems
MITK
$877M
| $1.38M | ﹤0.01% |
112,900
+83,800
| +288% | +$940K |
|
4341
CALL
UroGen Pharma
URGN
$2.36B
| $1.38M | ﹤0.01% |
37,400
+29,400
| +368% | +$1.23M |
|
4342
Vanguard Russell 1000 ETF
VONE
$8.72B
| $1.38M | ﹤0.01% |
+10,641
| New | +$1.33M |
|
|
ESPR
4343
CALL
DELISTED
Esperion Therapeutics
ESPR
| $1.38M | ﹤0.01% |
34,400
-98,900
| -74% | -$4.44M |
|
4344
Gogo Inc
GOGO
$383M
| $1.38M | ﹤0.01% |
+307,601
| New | +$1.28M |
|
4345
iShares US Oil & Gas Exploration & Production ETF
IEO
$595M
| $1.38M | ﹤0.01% |
+23,720
| New | +$1.36M |
|
|
NRE
4346
PUT
DELISTED
NorthStar Realty Europe Corp.
NRE
| $1.38M | ﹤0.01% |
79,500
+68,000
| +591% | +$1.16M |
|
|
YELL
4347
PUT
DELISTED
Yellow Corporation Common Stock
YELL
| $1.38M | ﹤0.01% |
206,300
+94,700
| +85% | +$609K |
|
4348
CALL
Energizer
ENR
$1.56B
| $1.38M | ﹤0.01% |
30,700
+4,800
| +19% | +$221K |
|
|
DMC
4349
CALL
Del Monte Corp
DMC
$1.43B
| $1.38M | ﹤0.01% |
51,000
+34,200
| +204% | +$1.01M |
|
4350
VanEck ChiNext Innovators ETF
CNXT
$112M
| $1.38M | ﹤0.01% |
+47,526
| New | +$1.19M |
|
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.