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 | |
|---|---|---|---|---|---|---|
2501
CALL
National Grid
NGG
$81.6B
| $5.79M | ﹤0.01% |
120,992
+78,362
| +184% | +$3.62M |
|
|
TIF
2502
DELISTED
Tiffany & Co.
TIF
| $5.79M | ﹤0.01% |
62,507
-120,307
| -66% | -$10.9M |
|
2503
Liberty Broadband Class C
LBRDK
$5.28B
| $5.79M | ﹤0.01% |
+55,290
| New | +$5.77M |
|
2504
CALL
Allogene Therapeutics
ALLO
$687M
| $5.78M | ﹤0.01% |
212,200
+152,000
| +252% | +$4.33M |
|
2505
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $5.77M | ﹤0.01% |
53,400
+23,200
| +77% | +$2.49M |
|
2506
Icahn Enterprises
IEP
$5.34B
| $5.76M | ﹤0.01% |
89,747
+66,413
| +285% | +$4.72M |
|
2507
PUT
Labcorp
LH
$26.2B
| $5.76M | ﹤0.01% |
39,925
-44,232
| -53% | -$6.45M |
|
2508
CALL
SAP
SAP
$242B
| $5.75M | ﹤0.01% |
48,800
-24,800
| -34% | -$3.07M |
|
2509
TAL Education Group
TAL
$6.41B
| $5.74M | ﹤0.01% |
167,744
+70,122
| +72% | +$2.44M |
|
|
CHK
2510
DELISTED
Chesapeake Energy Corporation
CHK
| $5.74M | ﹤0.01% |
20,356
+2,898
| +17% | +$942K |
|
|
CBM
2511
PUT
DELISTED
Cambrex Corporation
CBM
| $5.73M | ﹤0.01% |
96,300
+2,000
| +2% | +$107K |
|
|
SMAR
2512
PUT
DELISTED
Smartsheet Inc.
SMAR
| $5.72M | ﹤0.01% |
158,800
-33,300
| -17% | -$1.59M |
|
2513
PUT
Pricesmart
PSMT
$5.55B
| $5.72M | ﹤0.01% |
80,400
+55,600
| +224% | +$3.37M |
|
|
SIX
2514
DELISTED
Six Flags Entertainment Corp.
SIX
| $5.71M | ﹤0.01% |
112,423
+19,806
| +21% | +$1.08M |
|
|
CBLK
2515
CALL
DELISTED
Carbon Black, Inc. Common Stock
CBLK
| $5.71M | ﹤0.01% |
219,700
+54,700
| +33% | +$1.21M |
|
|
SGMO
2516
DELISTED
SANGAMO THERAPEUTICS INC
SGMO
| $5.71M | ﹤0.01% |
630,670
-11,477
| -2% | -$129K |
|
2517
PUT
Entergy
ETR
$49.9B
| $5.7M | ﹤0.01% |
97,200
+75,400
| +346% | +$4.12M |
|
|
DBD
2518
PUT
DELISTED
Diebold Nixdorf Incorporated
DBD
| $5.7M | ﹤0.01% |
509,100
+288,400
| +131% | +$3.42M |
|
2519
CALL
Amphenol
APH
$205B
| $5.69M | ﹤0.01% |
236,000
+126,800
| +116% | +$2.92M |
|
|
AVYA
2520
CALL
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $5.68M | ﹤0.01% |
555,600
-179,000
| -24% | -$2.1M |
|
|
TELL
2521
CALL
DELISTED
Tellurian Inc.
TELL
| $5.68M | ﹤0.01% |
683,300
+604,800
| +770% | +$4.34M |
|
|
2522
Entergy
ETR
$49.9B
| $5.68M | ﹤0.01% |
96,812
+88,092
| +1,010% | +$4.82M |
|
|
LNW
2523
PUT
DELISTED
Light & Wonder
LNW
| $5.68M | ﹤0.01% |
279,100
-163,800
| -37% | -$3.23M |
|
2524
Boston Scientific
BSX
$75B
| $5.68M | ﹤0.01% |
139,524
-824,805
| -86% | -$34.9M |
|
2525
CALL
Henry Schein
HSIC
$10B
| $5.68M | ﹤0.01% |
89,400
-35,100
| -28% | -$2.27M |
|
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.