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 | |
|---|---|---|---|---|---|---|
|
NVO
4801
Novo Nordisk
NVO
$201B
| $1.12M | ﹤0.01% |
+42,706
| New | +$1.05M |
|
|
FLXN
4802
CALL
DELISTED
Flexion Therapeutics, Inc.
FLXN
| $1.12M | ﹤0.01% |
89,500
-94,400
| -51% | -$1.26M |
|
4803
PUT
Cathay General Bancorp
CATY
$4.33B
| $1.12M | ﹤0.01% |
32,900
+2,200
| +7% | +$80.9K |
|
|
MSB
4804
PUT
Mesabi Trust
MSB
$301M
| $1.12M | ﹤0.01% |
38,100
+20,100
| +112% | +$575K |
|
4805
CALL
Northwest Natural Holdings
NWN
$2.14B
| $1.12M | ﹤0.01% |
17,000
+2,500
| +17% | +$157K |
|
4806
Regenxbio
RGNX
$711M
| $1.12M | ﹤0.01% |
19,476
-2,150
| -10% | -$107K |
|
4807
VanEck Natural Resources ETF
HAP
$309M
| $1.11M | ﹤0.01% |
+31,250
| New | +$1.09M |
|
4808
PUT
Matador Resources
MTDR
$6.64B
| $1.11M | ﹤0.01% |
57,700
+4,200
| +8% | +$78.2K |
|
|
QTT
4809
PUT
DELISTED
Qutoutiao Inc. American Depositary Shares
QTT
| $1.11M | ﹤0.01% |
+9,640
| New | +$1.09M |
|
4810
CALL
US Foods
USFD
$23.6B
| $1.11M | ﹤0.01% |
31,900
-9,000
| -22% | -$309K |
|
|
MEET
4811
PUT
DELISTED
The Meet Group, Inc. Common Stock
MEET
| $1.11M | ﹤0.01% |
221,400
-94,700
| -30% | -$528K |
|
4812
CALL
Shenandoah Telecom
SHEN
$735M
| $1.11M | ﹤0.01% |
25,100
+19,200
| +325% | +$901K |
|
4813
Invesco DB Base Metals Fund
DBB
$315M
| $1.11M | ﹤0.01% |
65,265
-136,348
| -68% | -$2.21M |
|
4814
Fidelity High Dividend ETF
FDVV
$10.5B
| $1.11M | ﹤0.01% |
37,100
+25,933
| +232% | +$760K |
|
4815
PUT
Apple Hospitality REIT
APLE
$3.79B
| $1.11M | ﹤0.01% |
68,100
+21,300
| +46% | +$341K |
|
4816
First Trust Dow Jones Select MicroCap Index Fund
FDM
$273M
| $1.11M | ﹤0.01% |
24,868
+7,310
| +42% | +$330K |
|
4817
TechnipFMC
FTI
$30.8B
| $1.11M | ﹤0.01% |
+63,402
| New | +$1.07M |
|
|
TEN
4818
CALL
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.11M | ﹤0.01% |
50,100
+3,300
| +7% | +$104K |
|
|
REGI
4819
CALL
DELISTED
Renewable Energy Group, Inc.
REGI
| $1.11M | ﹤0.01% |
50,500
-58,300
| -54% | -$1.5M |
|
4820
CALL
MarketAxess Holdings
MKTX
$5.72B
| $1.11M | ﹤0.01% |
4,500
-3,900
| -46% | -$883K |
|
|
EGPT
4821
DELISTED
VanEck Egypt Index ETF
EGPT
| $1.11M | ﹤0.01% |
33,490
+13,648
| +69% | +$432K |
|
4822
Titan International
TWI
$445M
| $1.11M | ﹤0.01% |
185,222
-32,283
| -15% | -$182K |
|
4823
WisdomTree Bloomberg US Dollar Bullish Fund
USDU
$456M
| $1.1M | ﹤0.01% |
40,429
+21,172
| +110% | +$572K |
|
|
ALE
4824
CALL
DELISTED
Allete
ALE
| $1.1M | ﹤0.01% |
13,400
+1,800
| +16% | +$142K |
|
4825
CALL
Elastic
ESTC
$9.01B
| $1.1M | ﹤0.01% |
13,800
-115,400
| -89% | -$9.64M |
|
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.