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 |
Amazon
AMZN
|
+$1.58B |
| 2 |
Netflix
NFLX
|
+$496M |
| 3 |
Meta Platforms (Facebook)
META
|
+$275M |
| 4 |
Alibaba
BABA
|
+$215M |
| 5 |
UnitedHealth
UNH
|
+$189M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Alphabet (Google) Class A
GOOGL
|
+$926M |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$682M |
| 3 |
iShares Core MSCI EAFE ETF
IEFA
|
+$556M |
| 4 |
Alphabet (Google) Class C
GOOG
|
+$246M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$235M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Consumer Discretionary | 2.18% |
| 2 | Technology | 2.07% |
| 3 | Communication Services | 1.37% |
| 4 | Financials | 1.21% |
| 5 | Healthcare | 1.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
226
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $218M | 0.07% |
2,854,600
+991,400
| +53% | +$82.4M |
|
227
CALL
United States Oil Fund
USO
$1.84B
| $218M | 0.07% |
2,404,875
-1,081,138
| -31% | -$102M |
|
228
PUT
Cigna
CI
$74.6B
| $217M | 0.07% |
1,426,500
+399,100
| +39% | +$65M |
|
229
PUT
Occidental Petroleum
OXY
$55.9B
| $216M | 0.07% |
4,859,600
+1,880,800
| +63% | +$88.9M |
|
230
CALL
3M
MMM
$94.3B
| $214M | 0.07% |
1,555,637
-386,069
| -20% | -$54M |
|
231
PUT
VanEck Gold Miners ETF
GDX
$27.4B
| $211M | 0.07% |
7,684,600
+2,884,900
| +60% | +$80.7M |
|
232
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$206M
| $210M | 0.07% |
7,879,600
+1,602,800
| +26% | +$43.1M |
|
233
CALL
Ulta Beauty
ULTA
$24.3B
| $209M | 0.07% |
832,900
+435,400
| +110% | +$134M |
|
234
PUT
Trade Desk
TTD
$6.49B
| $209M | 0.07% |
11,130,000
+1,569,000
| +16% | +$37.3M |
|
235
PUT
ExxonMobil
XOM
$634B
| $208M | 0.07% |
2,951,100
+350,800
| +13% | +$25.4M |
|
236
Roku
ROKU
$22.7B
| $204M | 0.07% |
2,007,451
+745,701
| +59% | +$91.2M |
|
237
PayPal
PYPL
$50.5B
| $204M | 0.07% |
1,969,894
+1,593,074
| +423% | +$175M |
|
238
PUT
Chevron
CVX
$366B
| $203M | 0.07% |
1,709,700
+421,800
| +33% | +$51.2M |
|
239
CALL
General Motors
GM
$76.8B
| $202M | 0.07% |
5,400,700
+454,700
| +9% | +$17.5M |
|
240
CALL
Morgan Stanley
MS
$340B
| $201M | 0.07% |
4,719,200
+746,300
| +19% | +$31.9M |
|
241
State Street Financial Select Sector SPDR ETF
XLF
$58.2B
| $201M | 0.07% |
7,171,836
+78,998
| +1% | +$2.18M |
|
242
CALL
Southern Company
SO
$107B
| $199M | 0.07% |
3,222,300
+1,623,300
| +102% | +$94.1M |
|
243
PUT
Humana
HUM
$46.2B
| $199M | 0.07% |
777,200
+236,000
| +44% | +$66.2M |
|
244
CALL
Starbucks
SBUX
$120B
| $198M | 0.07% |
2,234,300
+470,500
| +27% | +$43.6M |
|
245
CALL
Caterpillar
CAT
$387B
| $197M | 0.07% |
1,563,200
-126,400
| -7% | -$16.1M |
|
246
PUT
Northrop Grumman
NOC
$81.2B
| $197M | 0.07% |
526,300
+79,300
| +18% | +$28.1M |
|
247
PUT
lululemon athletica
LULU
$14.6B
| $197M | 0.07% |
1,023,500
+453,400
| +80% | +$84.7M |
|
248
PUT
Philip Morris
PM
$295B
| $196M | 0.07% |
2,581,200
+715,800
| +38% | +$56.7M |
|
|
VMW
249
PUT
DELISTED
VMware, Inc
VMW
| $196M | 0.07% |
1,303,000
+283,900
| +28% | +$44.7M |
|
250
PUT
United Airlines
UAL
$42.1B
| $192M | 0.06% |
2,173,400
+524,400
| +32% | +$46.3M |
|
Similar funds
Susquehanna International Group's Q3 2019 Portfolio in Review
As of Q3 2019, Susquehanna International Group held 11,380 positions worth $298B, up 8.4% from $275B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group deployed $26.9B of net new capital in Q3 2019, opening 1,223 new positions and adding to 4,885 existing holdings. Its largest new stake was iShares US Treasury Bond ETF: 2,524,484 shares worth $66.5M.
By sector, the portfolio is most concentrated in Consumer Discretionary at 2.2% of assets, up from 1.8% a quarter earlier, followed by Technology and Communication Services.
On the sell side, the largest reduction was Alphabet (Google) Class A, an estimated $926M trimmed.
- Susquehanna International Group's largest Q3 2019 buy was iShares US Treasury Bond ETF: 2,524,484 shares worth $66.5M.
- Susquehanna International Group added most to Amazon in Q3 2019, an estimated $1.58B increase.
- Susquehanna International Group's biggest Q3 2019 reduction was Alphabet (Google) Class A, cutting an estimated $926M.
- Susquehanna International Group fully exited Tableau Software, Inc. in Q3 2019, selling an estimated $179M.
- Susquehanna International Group's ten largest holdings make up 24% of its $298B portfolio in Q3 2019.
- Susquehanna International Group opened 1,223 new positions and closed 1,294 in Q3 2019.
- Susquehanna International Group's portfolio value rose 8.4% quarter-over-quarter to $298B.
Based on Susquehanna International Group's 13F filing for Q3 2019, filed 14 Nov 2019.