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 | |
|---|---|---|---|---|---|---|
2451
PUT
Stratasys
SSYS
$767M
| $4.97M | ﹤0.01% |
208,500
+13,400
| +7% | +$323K |
|
2452
CALL
Domo
DOMO
$184M
| $4.96M | ﹤0.01% |
+122,900
| New | +$3.77M |
|
2453
Direxion Daily Small Cap Bear 3x ETF
TZA
$199M
| $4.96M | ﹤0.01% |
1,258
+735
| +141% | +$3.15M |
|
|
CTRA
2454
PUT
DELISTED
Coterra Energy
CTRA
| $4.95M | ﹤0.01% |
189,600
+15,600
| +9% | +$391K |
|
2455
DXC Technology
DXC
$1.71B
| $4.95M | ﹤0.01% |
76,953
+36,207
| +89% | +$2.32M |
|
2456
CALL
Melco Resorts & Entertainment
MLCO
$2.14B
| $4.95M | ﹤0.01% |
219,000
-116,800
| -35% | -$2.54M |
|
2457
iShares US Pharmaceuticals ETF
IHE
$1.65B
| $4.94M | ﹤0.01% |
96,222
+87,861
| +1,051% | +$4.37M |
|
2458
CALL
ProShares Ultra NASDAQ Biotechnology
BIB
$87.1M
| $4.93M | ﹤0.01% |
88,900
+73,700
| +485% | +$3.97M |
|
2459
CALL
Direxion Daily MSCI India Bull 2X ETF
INDL
$57.3M
| $4.93M | ﹤0.01% |
64,600
-56,700
| -47% | -$3.71M |
|
|
AL
2460
PUT
DELISTED
Air Lease Corp
AL
| $4.92M | ﹤0.01% |
143,300
+113,600
| +382% | +$4.1M |
|
|
NCI
2461
CALL
DELISTED
Navigant Consulting, Inc.
NCI
| $4.92M | ﹤0.01% |
+252,600
| New | +$5.9M |
|
|
KNDI
2462
PUT
Kandi Technologies Group
KNDI
$62.6M
| $4.9M | ﹤0.01% |
873,600
+241,700
| +38% | +$1.5M |
|
2463
PUT
AllianceBernstein
AB
$3.4B
| $4.9M | ﹤0.01% |
169,600
-9,500
| -5% | -$279K |
|
2464
PUT
Murphy Oil
MUR
$5.06B
| $4.9M | ﹤0.01% |
167,200
-125,200
| -43% | -$3.55M |
|
2465
CALL
NOV
NOV
$7.45B
| $4.9M | ﹤0.01% |
183,800
-42,800
| -19% | -$1.21M |
|
2466
PUT
Zillow
ZG
$7.53B
| $4.89M | ﹤0.01% |
143,100
+37,200
| +35% | +$1.32M |
|
2467
CALL
Monolithic Power Systems
MPWR
$70B
| $4.89M | ﹤0.01% |
36,100
-51,800
| -59% | -$6.8M |
|
2468
CALL
Ironwood Pharmaceuticals
IRWD
$714M
| $4.89M | ﹤0.01% |
431,273
+64,357
| +18% | +$719K |
|
2469
PUT
Direxion Daily CSI 300 China A Share Bull 2X ETF
CHAU
$95.5M
| $4.88M | ﹤0.01% |
202,800
+83,300
| +70% | +$1.63M |
|
2470
CALL
Spectrum Brands
SPB
$2.03B
| $4.87M | ﹤0.01% |
88,900
-5,000
| -5% | -$267K |
|
2471
CALL
Bilibili
BILI
$7.37B
| $4.86M | ﹤0.01% |
256,700
-91,400
| -26% | -$1.6M |
|
2472
SAP
SAP
$242B
| $4.86M | ﹤0.01% |
42,105
+27,364
| +186% | +$2.91M |
|
2473
Smith & Nephew
SNN
$12.5B
| $4.85M | ﹤0.01% |
+120,994
| New | +$4.65M |
|
2474
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$20.5M
| $4.84M | ﹤0.01% |
25
+17
| +213% | +$3.5M |
|
2475
Heron Therapeutics
HRTX
$63.5M
| $4.83M | ﹤0.01% |
197,828
+165,921
| +520% | +$4.34M |
|
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.