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 | |
|---|---|---|---|---|---|---|
2176
UBS Group
UBS
$176B
| $6.32M | ﹤0.01% |
522,238
+126,473
| +32% | +$1.6M |
|
2177
CALL
Alliance Resource Partners
ARLP
$3.2B
| $6.32M | ﹤0.01% |
310,400
+131,800
| +74% | +$2.55M |
|
2178
CALL
Nasdaq
NDAQ
$54.6B
| $6.31M | ﹤0.01% |
216,300
+86,400
| +67% | +$2.46M |
|
2179
PUT
Camping World
CWH
$675M
| $6.29M | ﹤0.01% |
452,500
+24,000
| +6% | +$336K |
|
2180
CALL
National Beverage
FIZZ
$2.93B
| $6.29M | ﹤0.01% |
218,000
+118,200
| +118% | +$4.21M |
|
|
SLCA
2181
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $6.29M | ﹤0.01% |
362,037
-51,989
| -13% | -$745K |
|
2182
PUT
FTI Consulting
FCN
$4.24B
| $6.28M | ﹤0.01% |
81,800
+70,700
| +637% | +$4.99M |
|
2183
PUT
Grand Canyon Education
LOPE
$3.79B
| $6.28M | ﹤0.01% |
54,800
+36,700
| +203% | +$3.78M |
|
|
FOLD
2184
PUT
DELISTED
Amicus Therapeutics
FOLD
| $6.27M | ﹤0.01% |
460,900
+361,900
| +366% | +$4.42M |
|
2185
CALL
Pacira BioSciences
PCRX
$924M
| $6.26M | ﹤0.01% |
164,600
-33,600
| -17% | -$1.31M |
|
2186
Palo Alto Networks
PANW
$323B
| $6.26M | ﹤0.01% |
154,638
-522,846
| -77% | -$19.4M |
|
2187
CALL
Murphy USA
MUSA
$10.4B
| $6.26M | ﹤0.01% |
73,100
+11,300
| +18% | +$893K |
|
|
2188
PUT
National Beverage
FIZZ
$2.93B
| $6.26M | ﹤0.01% |
216,800
-32,000
| -13% | -$1.14M |
|
2189
ProShares UltraPro QQQ
TQQQ
$38.7B
| $6.26M | ﹤0.01% |
883,248
-1,256,008
| -59% | -$7.61M |
|
2190
iShares Global Materials ETF
MXI
$356M
| $6.24M | ﹤0.01% |
97,253
+81,060
| +501% | +$5.02M |
|
2191
PUT
Arlo Technologies
ARLO
$1.54B
| $6.23M | ﹤0.01% |
1,507,900
+1,497,500
| +14,399% | +$8.3M |
|
2192
CALL
Live Nation Entertainment
LYV
$43.3B
| $6.22M | ﹤0.01% |
97,900
+5,100
| +5% | +$289K |
|
2193
PUT
Dominion Energy
D
$60.3B
| $6.22M | ﹤0.01% |
81,100
-143,300
| -64% | -$10.5M |
|
2194
CALL
abrdn Physical Gold Shares ETF
SGOL
$7.42B
| $6.21M | ﹤0.01% |
499,000
-283,000
| -36% | -$3.56M |
|
2195
Janus Henderson Short Duration Income ETF
VNLA
$3.36B
| $6.21M | ﹤0.01% |
125,008
+31,079
| +33% | +$1.53M |
|
2196
Markel Group
MKL
$22.8B
| $6.2M | ﹤0.01% |
6,225
+5,384
| +640% | +$5.47M |
|
2197
PUT
OneSpan
OSPN
$624M
| $6.2M | ﹤0.01% |
+322,700
| New | +$5.49M |
|
|
FTCH
2198
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $6.2M | ﹤0.01% |
230,200
+177,400
| +336% | +$3.98M |
|
2199
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.45B
| $6.18M | ﹤0.01% |
44,517
+32,870
| +282% | +$4.38M |
|
2200
CALL
Zillow
ZG
$8.15B
| $6.18M | ﹤0.01% |
180,800
+110,100
| +156% | +$3.89M |
|
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.