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 | |
|---|---|---|---|---|---|---|
|
SNBR
2426
PUT
DELISTED
Sleep Number
SNBR
| $5.03M | ﹤0.01% |
107,000
+31,200
| +41% | +$1.26M |
|
2427
iShares Russell 3000 ETF
IWV
$20.6B
| $5.03M | ﹤0.01% |
+30,163
| New | +$4.84M |
|
2428
CALL
PTC
PTC
$16.7B
| $5.02M | ﹤0.01% |
54,500
-29,000
| -35% | -$2.57M |
|
2429
PUT
Coherent
COHR
$64B
| $5.02M | ﹤0.01% |
134,700
+62,400
| +86% | +$2.31M |
|
|
NBL
2430
CALL
DELISTED
Noble Energy, Inc.
NBL
| $5.01M | ﹤0.01% |
202,700
-530,400
| -72% | -$12M |
|
2431
PUT
Waters Corp
WAT
$40.6B
| $5.01M | ﹤0.01% |
19,900
+4,300
| +28% | +$980K |
|
2432
CALL
Western Union
WU
$2.34B
| $5.01M | ﹤0.01% |
271,100
+92,500
| +52% | +$1.66M |
|
2433
CALL
MBIA
MBI
$262M
| $5M | ﹤0.01% |
525,700
+141,100
| +37% | +$1.39M |
|
|
BSJJ
2434
DELISTED
Invesco BulletShares 2019 High Yield Corporate Bond ETF
BSJJ
| $5M | ﹤0.01% |
208,466
+69,466
| +50% | +$1.66M |
|
2435
CALL
Cameco
CCJ
$42.6B
| $5M | ﹤0.01% |
424,000
-851,300
| -67% | -$10.2M |
|
|
BLD
2436
PUT
DELISTED
TopBuild
BLD
| $5M | ﹤0.01% |
77,100
+38,300
| +99% | +$2.16M |
|
|
P
2437
Everpure Inc
P
$39B
| $5M | ﹤0.01% |
229,289
+19,450
| +9% | +$370K |
|
2438
CALL
Stepan Co
SCL
$1.48B
| $5M | ﹤0.01% |
57,100
+50,500
| +765% | +$4.38M |
|
2439
CALL
HealthEquity
HQY
$8.83B
| $4.99M | ﹤0.01% |
67,500
+30,800
| +84% | +$2.17M |
|
|
SINA
2440
CALL
DELISTED
Sina Corp
SINA
| $4.99M | ﹤0.01% |
84,300
-183,600
| -69% | -$11M |
|
2441
Iridium Communications
IRDM
$5.27B
| $4.99M | ﹤0.01% |
188,718
-136,709
| -42% | -$2.94M |
|
2442
PUT
Acadia Healthcare
ACHC
$2.82B
| $4.99M | ﹤0.01% |
170,200
+134,600
| +378% | +$3.81M |
|
|
NAV
2443
DELISTED
Navistar International
NAV
| $4.99M | ﹤0.01% |
+154,407
| New | +$5.13M |
|
2444
FS KKR Capital
FSK
$3.49B
| $4.99M | ﹤0.01% |
205,975
-13,177
| -6% | -$327K |
|
|
AZPN
2445
PUT
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $4.98M | ﹤0.01% |
47,800
+12,000
| +34% | +$1.25M |
|
2446
PUT
Cenovus Energy
CVE
$56.4B
| $4.98M | ﹤0.01% |
574,000
-107,500
| -16% | -$892K |
|
2447
CALL
Reliance Steel & Aluminium
RS
$21.7B
| $4.98M | ﹤0.01% |
55,200
+14,900
| +37% | +$1.24M |
|
|
CHL
2448
PUT
DELISTED
China Mobile Limited
CHL
| $4.98M | ﹤0.01% |
97,700
+33,800
| +53% | +$1.77M |
|
2449
CALL
TG Therapeutics
TGTX
$7.34B
| $4.97M | ﹤0.01% |
618,300
+362,600
| +142% | +$1.96M |
|
|
FNSR
2450
PUT
DELISTED
Finisar Corp
FNSR
| $4.97M | ﹤0.01% |
214,500
-75,100
| -26% | -$1.71M |
|
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.