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 | |
|---|---|---|---|---|---|---|
2551
CALL
Xylem
XYL
$28.1B
| $5.58M | ﹤0.01% |
70,100
+4,000
| +6% | +$314K |
|
|
LGF.A
2552
DELISTED
Lions Gate Entertainment Corp. Class A Voting Shares
LGF.A
| $5.58M | ﹤0.01% |
603,137
+346,968
| +135% | +$3.95M |
|
2553
CALL
Precigen
PGEN
$2.32B
| $5.58M | ﹤0.01% |
974,800
+563,300
| +137% | +$3.83M |
|
2554
PUT
Delek US
DK
$4.18B
| $5.57M | ﹤0.01% |
153,400
-23,500
| -13% | -$865K |
|
2555
CALL
Wingstop
WING
$3.1B
| $5.57M | ﹤0.01% |
63,800
+8,000
| +14% | +$761K |
|
2556
PUT
Tucows
TCX
$134M
| $5.56M | ﹤0.01% |
102,700
-6,700
| -6% | -$349K |
|
2557
PUT
Ericsson
ERIC
$33.6B
| $5.55M | ﹤0.01% |
696,100
-262,100
| -27% | -$2.24M |
|
|
SINA
2558
CALL
DELISTED
Sina Corp
SINA
| $5.55M | ﹤0.01% |
141,700
+69,700
| +97% | +$2.84M |
|
|
NS
2559
PUT
DELISTED
NuStar Energy L.P.
NS
| $5.55M | ﹤0.01% |
196,000
+47,300
| +32% | +$1.32M |
|
2560
Enphase Energy
ENPH
$5.39B
| $5.54M | ﹤0.01% |
249,381
+121,803
| +95% | +$3.12M |
|
2561
CALL
Designer Brands
DBI
$312M
| $5.54M | ﹤0.01% |
323,500
+209,100
| +183% | +$3.55M |
|
2562
CALL
US Physical Therapy
USPH
$1.24B
| $5.54M | ﹤0.01% |
42,400
+33,900
| +399% | +$4.41M |
|
|
NUAN
2563
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $5.53M | ﹤0.01% |
391,776
+29,914
| +8% | +$430K |
|
2564
PUT
Cheesecake Factory
CAKE
$5.57B
| $5.53M | ﹤0.01% |
132,700
+5,500
| +4% | +$226K |
|
2565
CALL
The Greenbrier Companies
GBX
$1.42B
| $5.53M | ﹤0.01% |
183,600
+56,300
| +44% | +$1.52M |
|
2566
IAMGOLD
IAG
$10.1B
| $5.53M | ﹤0.01% |
1,621,089
+332,336
| +26% | +$1.2M |
|
2567
CALL
Western Midstream Partners
WES
$20B
| $5.53M | ﹤0.01% |
222,000
+31,500
| +17% | +$838K |
|
2568
Wolfspeed
WOLF
$1.64B
| $5.52M | ﹤0.01% |
112,568
-125,734
| -53% | -$6.84M |
|
2569
PUT
HealthEquity
HQY
$8.83B
| $5.51M | ﹤0.01% |
96,500
-23,700
| -20% | -$1.57M |
|
2570
Marriott Vacations Worldwide
VAC
$4.17B
| $5.51M | ﹤0.01% |
53,190
+28,764
| +118% | +$2.83M |
|
|
RAD
2571
CALL
DELISTED
Rite Aid Corporation
RAD
| $5.51M | ﹤0.01% |
793,000
-415,600
| -34% | -$2.98M |
|
2572
PUT
Ashland
ASH
$3.36B
| $5.51M | ﹤0.01% |
71,500
-29,200
| -29% | -$2.22M |
|
2573
CALL
The RealReal
REAL
$1.33B
| $5.5M | ﹤0.01% |
+246,200
| New | +$4.95M |
|
|
INFN
2574
PUT
DELISTED
Infinera Corporation Common Stock
INFN
| $5.5M | ﹤0.01% |
1,009,200
+693,100
| +219% | +$3.05M |
|
|
IMMU
2575
DELISTED
Immunomedics Inc
IMMU
| $5.5M | ﹤0.01% |
414,791
+25,164
| +6% | +$370K |
|
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.