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 | |
|---|---|---|---|---|---|---|
4676
CALL
National Bank Holdings
NBHC
$1.94B
| $1.18M | ﹤0.01% |
+35,500
| New | +$1.19M |
|
4677
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $1.18M | ﹤0.01% |
+35,735
| New | +$1.14M |
|
4678
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $1.18M | ﹤0.01% |
22,410
-43,952
| -66% | -$2.2M |
|
4679
CALL
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $1.18M | ﹤0.01% |
19,900
+16,200
| +438% | +$947K |
|
4680
Tower Semiconductor
TSEM
$30B
| $1.18M | ﹤0.01% |
71,173
-26,509
| -27% | -$425K |
|
4681
Vanguard Energy ETF
VDE
$10.6B
| $1.18M | ﹤0.01% |
13,186
+624
| +5% | +$54.2K |
|
|
DXGE
4682
DELISTED
WisdomTree Germany Hedged Equity Fund
DXGE
| $1.18M | ﹤0.01% |
41,147
+4,555
| +12% | +$129K |
|
4683
PUT
Gibraltar Industries
ROCK
$1.42B
| $1.18M | ﹤0.01% |
29,000
+18,900
| +187% | +$721K |
|
4684
PUT
Century Aluminum
CENX
$4.62B
| $1.18M | ﹤0.01% |
132,600
-18,300
| -12% | -$158K |
|
4685
Invesco Dorsey Wright SmallCap Momentum ETF
DWAS
$455M
| $1.18M | ﹤0.01% |
23,290
-37,584
| -62% | -$1.83M |
|
4686
PUT
DMC Global
BOOM
$155M
| $1.18M | ﹤0.01% |
23,700
-9,800
| -29% | -$397K |
|
4687
ALPS Active Equity Opportunity ETF
RFFC
$30.9M
| $1.18M | ﹤0.01% |
35,744
+22,834
| +177% | +$731K |
|
4688
PUT
Schwab US Dividend Equity ETF
SCHD
$108B
| $1.18M | ﹤0.01% |
67,500
+30,300
| +81% | +$510K |
|
|
ICOL
4689
DELISTED
iShares MSCI Colombia ETF
ICOL
| $1.18M | ﹤0.01% |
86,563
+24,736
| +40% | +$320K |
|
|
XOG
4690
DELISTED
Extraction Oil & Gas, Inc. Common Stock
XOG
| $1.18M | ﹤0.01% |
+278,016
| New | +$1.16M |
|
4691
CALL
Equity Residential
EQR
$24.7B
| $1.18M | ﹤0.01% |
15,600
-37,700
| -71% | -$2.72M |
|
4692
PUT
Gentex
GNTX
$5.03B
| $1.18M | ﹤0.01% |
56,800
+45,600
| +407% | +$953K |
|
4693
PUT
IMAX
IMAX
$2.9B
| $1.18M | ﹤0.01% |
51,800
-98,900
| -66% | -$2.11M |
|
4694
VanEck Retail ETF
RTH
$259M
| $1.18M | ﹤0.01% |
11,210
-14,846
| -57% | -$1.5M |
|
4695
PUT
Eldorado Gold
EGO
$10.4B
| $1.17M | ﹤0.01% |
253,500
-462,100
| -65% | -$1.8M |
|
4696
CALL
Nomad Foods
NOMD
$1.64B
| $1.17M | ﹤0.01% |
+57,400
| New | +$1.1M |
|
4697
PUT
ZTO Express
ZTO
$17.4B
| $1.17M | ﹤0.01% |
+64,200
| New | +$1.18M |
|
|
TCO
4698
CALL
DELISTED
Taubman Centers Inc.
TCO
| $1.17M | ﹤0.01% |
22,200
+3,800
| +21% | +$192K |
|
4699
Franklin FTSE Taiwan ETF
FLTW
$3.21B
| $1.17M | ﹤0.01% |
47,425
-38,957
| -45% | -$919K |
|
4700
CALL
Kennametal
KMT
$2.38B
| $1.17M | ﹤0.01% |
31,900
+11,600
| +57% | +$425K |
|
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.