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 | 1.39% |
| 2 | Consumer Discretionary | 1.19% |
| 3 | Communication Services | 1.11% |
| 4 | Financials | 0.93% |
| 5 | Healthcare | 0.83% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2051
First Solar
FSLR
$24B
| $7.14M | ﹤0.01% |
135,203
-531,430
| -80% | -$26.8M |
|
2052
PUT
Teradyne
TER
$64.2B
| $7.14M | ﹤0.01% |
179,200
-122,000
| -41% | -$4.56M |
|
2053
PUT
Applied Optoelectronics
AAOI
$11B
| $7.13M | ﹤0.01% |
584,000
-9,000
| -2% | -$136K |
|
|
SWN
2054
CALL
DELISTED
Southwestern Energy Company
SWN
| $7.11M | ﹤0.01% |
1,516,400
+1,318,200
| +665% | +$5.7M |
|
2055
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $7.11M | ﹤0.01% |
5,935
-4,310
| -42% | -$4.48M |
|
|
SGMO
2056
PUT
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $7.1M | ﹤0.01% |
743,900
+35,700
| +5% | +$365K |
|
2057
PUT
Eastman Chemical
EMN
$8.43B
| $7.09M | ﹤0.01% |
93,500
-2,700
| -3% | -$215K |
|
|
AKS
2058
PUT
DELISTED
AK Steel Holding Corp
AKS
| $7.09M | ﹤0.01% |
2,579,900
-612,500
| -19% | -$1.74M |
|
2059
PUT
H&R Block
HRB
$6.76B
| $7.09M | ﹤0.01% |
296,300
-301,300
| -50% | -$7.41M |
|
|
GWR
2060
CALL
DELISTED
Genesee & Wyoming Inc.
GWR
| $7.09M | ﹤0.01% |
81,400
+74,200
| +1,031% | +$6.02M |
|
2061
SS&C Technologies
SSNC
$19.3B
| $7.09M | ﹤0.01% |
111,273
-27,666
| -20% | -$1.54M |
|
2062
PUT
Revvity
RVTY
$13.1B
| $7.08M | ﹤0.01% |
73,500
+70,600
| +2,434% | +$6.36M |
|
|
SIVB
2063
DELISTED
SVB Financial Group
SIVB
| $7.08M | ﹤0.01% |
31,839
+20,549
| +182% | +$4.78M |
|
2064
PUT
Gerdau
GGB
$9.42B
| $7.08M | ﹤0.01% |
2,297,988
-782,838
| -25% | -$2.54M |
|
2065
CALL
Textron
TXT
$15.1B
| $7.06M | ﹤0.01% |
139,300
+19,500
| +16% | +$1.01M |
|
2066
CALL
Dover
DOV
$27.8B
| $7.05M | ﹤0.01% |
75,200
+12,100
| +19% | +$1.05M |
|
2067
CALL
W.P. Carey
WPC
$16.3B
| $7.01M | ﹤0.01% |
91,380
-94,136
| -51% | -$6.78M |
|
|
RTL
2068
DELISTED
The Necessity Retail REIT, Inc. Class A Common Stock
RTL
| $7M | ﹤0.01% |
648,253
+477,434
| +279% | +$5.67M |
|
2069
Zillow
ZG
$8.15B
| $7M | ﹤0.01% |
204,531
-54,591
| -21% | -$1.93M |
|
2070
CALL
SiriusXM
SIRI
$9.43B
| $6.99M | ﹤0.01% |
123,350
+4,320
| +4% | +$257K |
|
2071
PUT
National Healthcare
NHC
$3.44B
| $6.97M | ﹤0.01% |
91,800
+48,500
| +112% | +$3.85M |
|
2072
CALL
GATX Corp
GATX
$6.33B
| $6.95M | ﹤0.01% |
91,000
+69,400
| +321% | +$5.19M |
|
2073
Vanguard Information Technology ETF
VGT
$151B
| $6.95M | ﹤0.01% |
277,056
-66,272
| -19% | -$1.54M |
|
2074
CALL
NewMarket
NEU
$8.72B
| $6.94M | ﹤0.01% |
16,000
+13,700
| +596% | +$5.79M |
|
|
KL
2075
CALL
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $6.93M | ﹤0.01% |
227,800
+39,500
| +21% | +$1.25M |
|
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 Consumer Discretionary and Communication Services.
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.