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 | |
|---|---|---|---|---|---|---|
2226
CALL
First Majestic Silver
AG
$9.26B
| $6.04M | ﹤0.01% |
917,200
-496,700
| -35% | -$3.11M |
|
2227
iShares Russell 1000 Value ETF
IWD
$84.3B
| $6.03M | ﹤0.01% |
+48,815
| New | +$5.87M |
|
2228
PUT
Bank OZK
OZK
$5.7B
| $6.02M | ﹤0.01% |
207,600
+130,100
| +168% | +$3.94M |
|
|
CSOD
2229
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $6.01M | ﹤0.01% |
109,700
-102,000
| -48% | -$5.64M |
|
2230
CALL
iShares US Financials ETF
IYF
$4.44B
| $6M | ﹤0.01% |
101,600
-62,400
| -38% | -$3.63M |
|
2231
PUT
M&T Bank
MTB
$36.6B
| $6M | ﹤0.01% |
38,200
+3,600
| +10% | +$591K |
|
|
S
2232
PUT
DELISTED
Sprint Corporation
S
| $5.99M | ﹤0.01% |
1,060,800
+131,200
| +14% | +$813K |
|
|
2233
First Majestic Silver
AG
$9.26B
| $5.98M | ﹤0.01% |
909,315
-206,796
| -19% | -$1.29M |
|
|
MDR
2234
CALL
DELISTED
McDermott International
MDR
| $5.98M | ﹤0.01% |
804,100
-47,100
| -6% | -$388K |
|
2235
CALL
iShares Mortgage Real Estate ETF
REM
$547M
| $5.98M | ﹤0.01% |
138,000
+43,300
| +46% | +$1.86M |
|
2236
CALL
CRISPR Therapeutics
CRSP
$5.22B
| $5.98M | ﹤0.01% |
167,400
+57,200
| +52% | +$1.98M |
|
2237
CALL
Tower Semiconductor
TSEM
$28.6B
| $5.97M | ﹤0.01% |
360,400
-174,300
| -33% | -$2.79M |
|
2238
Cboe Global Markets
CBOE
$30.6B
| $5.96M | ﹤0.01% |
62,459
+57,326
| +1,117% | +$5.44M |
|
2239
Oracle
ORCL
$450B
| $5.96M | ﹤0.01% |
+110,935
| New | +$5.65M |
|
|
AKCA
2240
CALL
DELISTED
Akcea Therapeutics Inc
AKCA
| $5.95M | ﹤0.01% |
210,000
+95,100
| +83% | +$2.77M |
|
2241
PUT
Gartner
IT
$11.6B
| $5.95M | ﹤0.01% |
39,200
+15,800
| +68% | +$2.19M |
|
2242
CALL
Penumbra
PEN
$12.9B
| $5.94M | ﹤0.01% |
40,400
-19,200
| -32% | -$2.74M |
|
2243
CALL
Universal Health Services
UHS
$10.1B
| $5.94M | ﹤0.01% |
44,400
-280,200
| -86% | -$36.9M |
|
2244
Ares Capital
ARCC
$14.5B
| $5.93M | ﹤0.01% |
346,163
-341,390
| -50% | -$5.72M |
|
2245
CALL
Brighthouse Financial
BHF
$3.42B
| $5.93M | ﹤0.01% |
163,500
+43,500
| +36% | +$1.63M |
|
|
BPYU
2246
DELISTED
Brookfield Property REIT Inc. Class A Common Stock
BPYU
| $5.93M | ﹤0.01% |
289,246
-45,750
| -14% | -$867K |
|
2247
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $5.92M | ﹤0.01% |
292,000
+204,700
| +234% | +$3.97M |
|
|
CTRA
2248
DELISTED
Coterra Energy
CTRA
| $5.91M | ﹤0.01% |
+226,544
| New | +$5.68M |
|
|
ONC
2249
CALL
BeOne Medicines Ltd
ONC
$40.3B
| $5.9M | ﹤0.01% |
44,700
+22,400
| +100% | +$3.02M |
|
|
ELLI
2250
CALL
DELISTED
Ellie Mae Inc
ELLI
| $5.89M | ﹤0.01% |
59,700
-11,000
| -16% | -$955K |
|
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.