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 | |
|---|---|---|---|---|---|---|
|
CBPO
2151
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $6.46M | ﹤0.01% |
70,822
+39,957
| +129% | +$3.27M |
|
2152
Antero Midstream
AM
$10.5B
| $6.46M | ﹤0.01% |
468,759
+410,583
| +706% | +$5.36M |
|
|
ABB
2153
CALL
DELISTED
ABB Ltd
ABB
| $6.45M | ﹤0.01% |
341,800
+126,800
| +59% | +$2.45M |
|
2154
PUT
Cars.com
CARS
$672M
| $6.45M | ﹤0.01% |
282,700
+199,500
| +240% | +$4.83M |
|
2155
Teck Resources
TECK
$31.3B
| $6.44M | ﹤0.01% |
278,009
-816,759
| -75% | -$18.4M |
|
2156
CALL
Ichor Holdings
ICHR
$2.67B
| $6.43M | ﹤0.01% |
284,600
+154,100
| +118% | +$3.14M |
|
2157
PUT
Tronox
TROX
$958M
| $6.42M | ﹤0.01% |
488,200
+248,100
| +103% | +$2.62M |
|
2158
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $6.42M | ﹤0.01% |
59,600
+18,100
| +44% | +$1.91M |
|
2159
CALL
DXC Technology
DXC
$1.79B
| $6.41M | ﹤0.01% |
99,700
+25,800
| +35% | +$1.65M |
|
|
GTT
2160
PUT
DELISTED
GTT Communications, Inc.
GTT
| $6.41M | ﹤0.01% |
184,700
+115,800
| +168% | +$3.4M |
|
2161
PUT
Cemex
CX
$16B
| $6.4M | ﹤0.01% |
1,380,100
+317,060
| +30% | +$1.59M |
|
|
EBIX
2162
PUT
DELISTED
Ebix Inc
EBIX
| $6.4M | ﹤0.01% |
129,600
-80,400
| -38% | -$4.24M |
|
2163
PUT
Sonos
SONO
$1.96B
| $6.39M | ﹤0.01% |
621,200
+322,300
| +108% | +$3.49M |
|
2164
PUT
Bio-Rad Laboratories Class A
BIO
$9.66B
| $6.39M | ﹤0.01% |
20,900
+18,500
| +771% | +$4.99M |
|
2165
Trex
TREX
$5.1B
| $6.38M | ﹤0.01% |
207,430
+104,684
| +102% | +$3.66M |
|
2166
United Parcel Service
UPS
$89.8B
| $6.38M | ﹤0.01% |
57,100
+49,394
| +641% | +$5.24M |
|
|
CUK
2167
DELISTED
Carnival PLC
CUK
| $6.38M | ﹤0.01% |
128,020
+18,499
| +17% | +$1.01M |
|
2168
CALL
Copa Holdings
CPA
$6.17B
| $6.38M | ﹤0.01% |
79,100
+45,800
| +138% | +$4.03M |
|
2169
PUT
Chemed
CHE
$7.02B
| $6.37M | ﹤0.01% |
19,900
+18,200
| +1,071% | +$5.59M |
|
2170
CALL
Arrowhead Research
ARWR
$12.1B
| $6.35M | ﹤0.01% |
346,000
+151,000
| +77% | +$2.49M |
|
2171
Canadian Natural Resources
CNQ
$98.1B
| $6.35M | ﹤0.01% |
471,455
+137,245
| +41% | +$1.82M |
|
|
PENG
2172
PUT
Penguin Solutions Inc
PENG
$3.12B
| $6.34M | ﹤0.01% |
660,600
+448,600
| +212% | +$5.81M |
|
2173
CALL
Sociedad Química y Minera de Chile
SQM
$20.6B
| $6.34M | ﹤0.01% |
164,900
+100,800
| +157% | +$4.12M |
|
2174
PUT
LGI Homes
LGIH
$1.37B
| $6.34M | ﹤0.01% |
105,200
+29,300
| +39% | +$1.7M |
|
2175
Viper Energy
VNOM
$14.8B
| $6.33M | ﹤0.01% |
190,929
-247,309
| -56% | -$7.92M |
|
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.