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 | |
|---|---|---|---|---|---|---|
5951
ManpowerGroup
MAN
$2.71B
| $586K | ﹤0.01% |
+7,091
| New | +$559K |
|
5952
CALL
Renasant Corp
RNST
$3.98B
| $586K | ﹤0.01% |
+17,300
| New | +$616K |
|
5953
PUT
Gentherm
THRM
$1.35B
| $586K | ﹤0.01% |
+15,900
| New | +$647K |
|
5954
Vanguard Total International Stock ETF
VXUS
$164B
| $586K | ﹤0.01% |
+11,288
| New | +$573K |
|
|
RAD
5955
CALL
DELISTED
Rite Aid Corporation
RAD
| $585K | ﹤0.01% |
46,025
+31,610
| +219% | +$488K |
|
|
TVPT
5956
CALL
DELISTED
Travelport Worldwide Limited
TVPT
| $585K | ﹤0.01% |
37,200
-31,600
| -46% | -$496K |
|
5957
CALL
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $584K | ﹤0.01% |
21,200
-1,200
| -5% | -$32.8K |
|
5958
PUT
Choice Hotels
CHH
$4.7B
| $583K | ﹤0.01% |
7,500
-10,200
| -58% | -$792K |
|
5959
CALL
New Jersey Resources
NJR
$5.64B
| $583K | ﹤0.01% |
11,700
-7,900
| -40% | -$376K |
|
5960
PUT
Novavax
NVAX
$1.33B
| $583K | ﹤0.01% |
52,890
+22,575
| +74% | +$713K |
|
|
APRN
5961
PUT
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $583K | ﹤0.01% |
3,307
+1,039
| +46% | +$226K |
|
|
TSG
5962
DELISTED
The Stars Group Inc.
TSG
| $583K | ﹤0.01% |
33,288
-51,342
| -61% | -$883K |
|
|
CKH
5963
CALL
DELISTED
Seacor Holdings Inc.
CKH
| $583K | ﹤0.01% |
13,800
-1,200
| -8% | -$51.2K |
|
5964
CALL
Jefferies Financial Group
JEF
$12.7B
| $582K | ﹤0.01% |
34,631
+21,784
| +170% | +$385K |
|
5965
Philips
PHG
$26.7B
| $582K | ﹤0.01% |
18,343
+1,766
| +11% | +$52.6K |
|
5966
CALL
PIMCO 0-5 Year High Yield Corporate Bond Index Exchange-Traded Fund
HYS
$1.78B
| $581K | ﹤0.01% |
5,800
+1,700
| +41% | +$168K |
|
5967
CALL
Ingevity
NGVT
$2.64B
| $581K | ﹤0.01% |
5,500
+2,400
| +77% | +$241K |
|
5968
CALL
Enviri
NVRI
$579M
| $581K | ﹤0.01% |
28,800
+15,000
| +109% | +$323K |
|
5969
Hartford Multifactor US Equity ETF
ROUS
$735M
| $581K | ﹤0.01% |
+18,807
| New | +$571K |
|
5970
Wendy's
WEN
$1.65B
| $581K | ﹤0.01% |
+32,468
| New | +$552K |
|
|
GLOG
5971
CALL
DELISTED
GASLOG LTD
GLOG
| $581K | ﹤0.01% |
33,300
+9,200
| +38% | +$160K |
|
5972
StoneX
SNEX
$8.09B
| $580K | ﹤0.01% |
75,740
+10,788
| +17% | +$85.1K |
|
|
SXCP
5973
DELISTED
SunCoke Energy Partners, L.P.
SXCP
| $580K | ﹤0.01% |
46,602
-152,795
| -77% | -$2.04M |
|
|
INSY
5974
PUT
DELISTED
Insys Therapeutics, Inc.
INSY
| $580K | ﹤0.01% |
125,600
+44,700
| +55% | +$212K |
|
5975
Aramark
ARMK
$16.4B
| $579K | ﹤0.01% |
27,134
-259,463
| -91% | -$5.81M |
|
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.