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 | |
|---|---|---|---|---|---|---|
2701
CALL
CoStar Group
CSGP
$13.4B
| $4.98M | ﹤0.01% |
84,000
-104,000
| -55% | -$6.23M |
|
|
FTCH
2702
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $4.98M | ﹤0.01% |
576,651
+482,738
| +514% | +$6.92M |
|
2703
VanEck Intermediate Muni ETF
ITM
$2.14B
| $4.98M | ﹤0.01% |
98,985
+58,008
| +142% | +$2.92M |
|
2704
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.8B
| $4.98M | ﹤0.01% |
100,500
-66,800
| -40% | -$3.34M |
|
|
WLL
2705
PUT
DELISTED
Whiting Petroleum Corporation
WLL
| $4.97M | ﹤0.01% |
8,253
+2,646
| +47% | +$2.24M |
|
2706
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $4.97M | ﹤0.01% |
120,900
+38,500
| +47% | +$1.57M |
|
2707
PUT
GrafTech
EAF
$203M
| $4.97M | ﹤0.01% |
38,800
+17,490
| +82% | +$2.08M |
|
2708
CALL
Verisk Analytics
VRSK
$24.2B
| $4.97M | ﹤0.01% |
31,400
+18,900
| +151% | +$2.93M |
|
2709
PUT
ANI Pharmaceuticals
ANIP
$1.72B
| $4.96M | ﹤0.01% |
68,100
+17,300
| +34% | +$1.29M |
|
2710
SM Energy
SM
$7.71B
| $4.95M | ﹤0.01% |
511,277
+257,769
| +102% | +$2.63M |
|
2711
CALL
Wendy's
WEN
$1.65B
| $4.95M | ﹤0.01% |
247,900
-2,600
| -1% | -$51.8K |
|
|
UNVR
2712
PUT
DELISTED
Univar Solutions Inc.
UNVR
| $4.95M | ﹤0.01% |
238,300
+6,600
| +3% | +$137K |
|
2713
Lumentum
LITE
$78B
| $4.94M | ﹤0.01% |
92,294
-34,350
| -27% | -$1.94M |
|
|
CVGW
2714
CALL
DELISTED
Calavo Growers
CVGW
| $4.94M | ﹤0.01% |
51,900
+7,300
| +16% | +$670K |
|
2715
PUT
FMC
FMC
$1.27B
| $4.94M | ﹤0.01% |
56,300
+15,300
| +37% | +$1.31M |
|
|
AXDX
2716
DELISTED
Accelerate Diagnostics
AXDX
| $4.93M | ﹤0.01% |
26,570
+2,682
| +11% | +$518K |
|
2717
Cognizant
CTSH
$26.7B
| $4.93M | ﹤0.01% |
81,855
+21,573
| +36% | +$1.36M |
|
|
VAL
2718
CALL
DELISTED
Valaris plc Class A Ordinary Share
VAL
| $4.93M | ﹤0.01% |
+1,024,400
| New | +$5.5M |
|
2719
CALL
iShares MSCI Turkey ETF
TUR
$220M
| $4.92M | ﹤0.01% |
184,200
-186,700
| -50% | -$4.72M |
|
2720
PUT
Affiliated Managers Group
AMG
$9.7B
| $4.91M | ﹤0.01% |
58,900
-90,100
| -60% | -$7.53M |
|
|
AKS
2721
CALL
DELISTED
AK Steel Holding Corp
AKS
| $4.91M | ﹤0.01% |
2,161,400
+493,000
| +30% | +$1.18M |
|
2722
Hormel Foods
HRL
$13.4B
| $4.91M | ﹤0.01% |
112,155
+102,745
| +1,092% | +$4.31M |
|
|
GRMN
2723
Garmin
GRMN
$60.2B
| $4.9M | ﹤0.01% |
57,911
+35,295
| +156% | +$2.85M |
|
2724
PUT
Hexcel
HXL
$7.74B
| $4.9M | ﹤0.01% |
59,700
+51,800
| +656% | +$4.23M |
|
2725
Yum! Brands
YUM
$41.2B
| $4.9M | ﹤0.01% |
43,215
+24,074
| +126% | +$2.75M |
|
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.