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 | |
|---|---|---|---|---|---|---|
|
CYOU
7876
PUT
DELISTED
Changyou.com Limited American Depositary Share
CYOU
| $192K | ﹤0.01% |
11,200
-10,200
| -48% | -$191K |
|
|
TNAV
7877
PUT
DELISTED
Telenav Inc.
TNAV
| $191K | ﹤0.01% |
31,400
+17,500
| +126% | +$92.3K |
|
7878
PUT
Invesco DB Oil Fund
DBO
$390M
| $190K | ﹤0.01% |
18,100
-85,800
| -83% | -$858K |
|
7879
PUT
Lesaka Technologies
LSAK
$409M
| $190K | ﹤0.01% |
52,900
-1,400
| -3% | -$5.77K |
|
7880
CALL
Ameresco
AMRC
$1.49B
| $189K | ﹤0.01% |
+11,700
| New | +$184K |
|
7881
PUT
J. Jill
JILL
$279M
| $189K | ﹤0.01% |
6,900
+1,493
| +28% | +$38.2K |
|
|
AKS
7882
DELISTED
AK Steel Holding Corp
AKS
| $189K | ﹤0.01% |
68,611
+31,211
| +83% | +$88.5K |
|
|
ACH
7883
CALL
Accendra Health
ACH
$79.2M
| $188K | ﹤0.01% |
45,800
+25,300
| +123% | +$160K |
|
|
DSPG
7884
DELISTED
DSP Group Inc
DSPG
| $188K | ﹤0.01% |
+13,353
| New | +$174K |
|
|
PDLI
7885
CALL
DELISTED
PDL BioPharma, Inc.
PDLI
| $188K | ﹤0.01% |
50,600
+36,300
| +254% | +$123K |
|
|
GCI
7886
CALL
DELISTED
Gannett Co., Inc
GCI
| $188K | ﹤0.01% |
17,800
-18,400
| -51% | -$199K |
|
7887
PUT
Adecoagro
AGRO
$1.31B
| $187K | ﹤0.01% |
+27,200
| New | +$194K |
|
7888
CALL
GeoPark
GPRK
$616M
| $187K | ﹤0.01% |
10,843
-29,317
| -73% | -$518K |
|
7889
ProShares UltraShort Bloomberg Crude Oil
SCO
$598M
| $187K | ﹤0.01% |
+138
| New | +$224K |
|
7890
PUT
Siebert Financial
SIEB
$79.7M
| $187K | ﹤0.01% |
+15,800
| New | +$195K |
|
|
EIGI
7891
CALL
DELISTED
Endurance International Group Holdings, Inc.
EIGI
| $187K | ﹤0.01% |
25,800
-21,400
| -45% | -$156K |
|
7892
PUT
Acco Brands
ACCO
$400M
| $186K | ﹤0.01% |
21,700
-10,300
| -32% | -$90.1K |
|
|
EXK
7893
Endeavour Silver
EXK
$3.15B
| $186K | ﹤0.01% |
73,815
-112,174
| -60% | -$267K |
|
|
HEXO
7894
CALL
DELISTED
HEXO Corp. Common Shares
HEXO
| $186K | ﹤0.01% |
+502
| New | +$163K |
|
|
AFMD
7895
DELISTED
Affimed
AFMD
| $185K | ﹤0.01% |
4,408
-12,660
| -74% | -$455K |
|
7896
CALL
Clearfield
CLFD
$391M
| $185K | ﹤0.01% |
+12,600
| New | +$166K |
|
7897
CALL
eGain
EGAN
$204M
| $185K | ﹤0.01% |
17,700
-15,200
| -46% | -$144K |
|
|
GDO
7898
Western Asset Global Corporate Defined Opportunity Fund
GDO
$77.3M
| $185K | ﹤0.01% |
11,234
-2,335
| -17% | -$37.9K |
|
7899
CALL
Aurinia Pharmaceuticals
AUPH
$2.04B
| $184K | ﹤0.01% |
28,300
-31,800
| -53% | -$211K |
|
7900
VEON
VEON
$3.94B
| $184K | ﹤0.01% |
3,518
-17,923
| -84% | -$1.12M |
|
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.