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 | |
|---|---|---|---|---|---|---|
|
HOUS
2251
PUT
DELISTED
Anywhere Real Estate
HOUS
| $5.89M | ﹤0.01% |
516,600
+247,400
| +92% | +$3.81M |
|
|
NVTA
2252
CALL
DELISTED
Invitae Corporation
NVTA
| $5.88M | ﹤0.01% |
251,000
+187,100
| +293% | +$3.3M |
|
|
GTT
2253
DELISTED
GTT Communications, Inc.
GTT
| $5.88M | ﹤0.01% |
169,376
+146,969
| +656% | +$4.32M |
|
2254
CALL
Hilton Grand Vacations
HGV
$3.49B
| $5.87M | ﹤0.01% |
190,300
+79,200
| +71% | +$2.43M |
|
2255
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.6M
| $5.86M | ﹤0.01% |
79,300
+64,400
| +432% | +$4.78M |
|
2256
PUT
iShares MSCI Thailand ETF
THD
$354M
| $5.86M | ﹤0.01% |
66,300
+14,100
| +27% | +$1.25M |
|
2257
Alerian MLP ETF
AMLP
$13.1B
| $5.85M | ﹤0.01% |
116,605
+58,679
| +101% | +$2.88M |
|
2258
Cleveland-Cliffs
CLF
$6.93B
| $5.84M | ﹤0.01% |
585,042
-1,206,548
| -67% | -$12.1M |
|
|
RUSL
2259
CALL
DELISTED
Direxion Daily Russia Bull 2X Shares
RUSL
| $5.84M | ﹤0.01% |
156,600
+10,400
| +7% | +$400K |
|
2260
Camping World
CWH
$675M
| $5.84M | ﹤0.01% |
419,924
+227,933
| +119% | +$3.19M |
|
|
TRHC
2261
CALL
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $5.84M | ﹤0.01% |
103,500
+78,000
| +306% | +$4.65M |
|
2262
CALL
Qiagen
QGEN
$8.93B
| $5.84M | ﹤0.01% |
+135,328
| New | +$5.44M |
|
2263
CALL
Commault Systems
CVLT
$6.26B
| $5.83M | ﹤0.01% |
90,100
+70,300
| +355% | +$4.54M |
|
2264
CALL
Madison Square Garden
MSGS
$9.94B
| $5.83M | ﹤0.01% |
27,900
+13,319
| +91% | +$2.71M |
|
|
HCR
2265
PUT
DELISTED
Hi-Crush Inc. Common Stock
HCR
| $5.83M | ﹤0.01% |
1,310,000
+190,100
| +17% | +$794K |
|
|
SMAR
2266
CALL
DELISTED
Smartsheet Inc.
SMAR
| $5.83M | ﹤0.01% |
142,900
+81,200
| +132% | +$2.81M |
|
|
ISBC
2267
CALL
DELISTED
Investors Bancorp, Inc.
ISBC
| $5.82M | ﹤0.01% |
491,500
+349,300
| +246% | +$4.21M |
|
|
MASI
2268
PUT
DELISTED
Masimo
MASI
| $5.82M | ﹤0.01% |
42,100
+29,400
| +231% | +$3.69M |
|
|
JNPR
2269
PUT
DELISTED
Juniper Networks
JNPR
| $5.82M | ﹤0.01% |
219,900
-40,700
| -16% | -$1.1M |
|
2270
CALL
Henry Schein
HSIC
$10B
| $5.82M | ﹤0.01% |
96,800
+26,675
| +38% | +$1.61M |
|
2271
CALL
Amphenol
APH
$204B
| $5.82M | ﹤0.01% |
246,400
-93,600
| -28% | -$2.09M |
|
2272
PUT
Intercontinental Exchange
ICE
$87.2B
| $5.82M | ﹤0.01% |
76,400
-373,600
| -83% | -$28M |
|
2273
CALL
Saic
SAIC
$5.35B
| $5.82M | ﹤0.01% |
75,600
+55,800
| +282% | +$3.93M |
|
2274
CALL
CareDx
CDNA
$2.45B
| $5.82M | ﹤0.01% |
184,500
+138,200
| +298% | +$4.03M |
|
|
JKS
2275
PUT
JinkoSolar
JKS
$853M
| $5.81M | ﹤0.01% |
322,800
-129,400
| -29% | -$2.11M |
|
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.