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 | |
|---|---|---|---|---|---|---|
5326
Global X MSCI Norway ETF
NORW
$89.4M
| $835K | ﹤0.01% |
39,548
-7,399
| -16% | -$153K |
|
5327
CALL
Quad
QUAD
$513M
| $834K | ﹤0.01% |
70,100
+36,800
| +111% | +$494K |
|
5328
CALL
Abeona Therapeutics
ABEO
$343M
| $833K | ﹤0.01% |
4,528
+3,540
| +358% | +$633K |
|
5329
PUT
Cincinnati Financial
CINF
$26.6B
| $833K | ﹤0.01% |
9,700
+5,100
| +111% | +$421K |
|
5330
PUT
Commerce Bancshares
CBSH
$8.64B
| $831K | ﹤0.01% |
+20,129
| New | +$862K |
|
5331
PUT
Herc Holdings
HRI
$5.8B
| $830K | ﹤0.01% |
21,300
-31,800
| -60% | -$1.2M |
|
5332
Global X Adaptive US Factor ETF
AUSF
$918M
| $829K | ﹤0.01% |
34,286
-169,606
| -83% | -$4.03M |
|
5333
Campbell Soup
CPB
$6.91B
| $829K | ﹤0.01% |
21,747
-259,100
| -92% | -$9.14M |
|
5334
CALL
First American
FAF
$7.54B
| $829K | ﹤0.01% |
+16,100
| New | +$798K |
|
|
AGNT
5335
AGNT Inc
AGNT
$727M
| $828K | ﹤0.01% |
+152,340
| New | +$788K |
|
5336
ProShares Ultra MSCI EAFE
EFO
$29.6M
| $827K | ﹤0.01% |
22,646
+1,920
| +9% | +$66.9K |
|
|
SXCP
5337
PUT
DELISTED
SunCoke Energy Partners, L.P.
SXCP
| $827K | ﹤0.01% |
66,400
-157,900
| -70% | -$2.1M |
|
5338
PUT
AES
AES
$10.5B
| $826K | ﹤0.01% |
45,700
+9,800
| +27% | +$165K |
|
5339
WisdomTree US Multifactor Fund
USMF
$305M
| $826K | ﹤0.01% |
28,494
-144,472
| -84% | -$4.08M |
|
5340
Invesco S&P MidCap Low Volatility ETF
XMLV
$749M
| $825K | ﹤0.01% |
16,603
-42,403
| -72% | -$2.04M |
|
|
IBDO
5341
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $825K | ﹤0.01% |
32,982
+21,169
| +179% | +$520K |
|
|
HJPX
5342
DELISTED
iShares Currency Hedged JPX-Nikkei 400 ETF
HJPX
| $825K | ﹤0.01% |
29,609
| – | – |
|
5343
Franklin FTSE Germany ETF
FLGR
$39.5M
| $824K | ﹤0.01% |
39,751
-33,463
| -46% | -$689K |
|
5344
PUT
Marten Transport
MRTN
$1.24B
| $824K | ﹤0.01% |
+69,300
| New | +$847K |
|
5345
PUT
Ultralife
ULBI
$125M
| $823K | ﹤0.01% |
+80,100
| New | +$719K |
|
|
UXIN
5346
PUT
Uxin Ltd
UXIN
$260M
| $823K | ﹤0.01% |
2,172
+818
| +60% | +$315K |
|
|
RAD
5347
PUT
DELISTED
Rite Aid Corporation
RAD
| $823K | ﹤0.01% |
64,815
-148,315
| -70% | -$2.29M |
|
5348
CALL
ABM Industries
ABM
$2.82B
| $822K | ﹤0.01% |
22,600
-5,600
| -20% | -$195K |
|
5349
PUT
Cerus
CERS
$601M
| $822K | ﹤0.01% |
131,900
-118,100
| -47% | -$717K |
|
5350
CALL
El Pollo Loco
LOCO
$473M
| $822K | ﹤0.01% |
63,200
-25,600
| -29% | -$386K |
|
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.