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 | |
|---|---|---|---|---|---|---|
2976
CALL
CNX Resources
CNX
$5.29B
| $4.07M | ﹤0.01% |
561,000
+295,700
| +111% | +$2.21M |
|
2977
TherapeuticsMD
TXMD
$24.1M
| $4.07M | ﹤0.01% |
22,438
+17,512
| +356% | +$2.47M |
|
2978
PUT
Olin
OLN
$2.13B
| $4.07M | ﹤0.01% |
217,500
-94,400
| -30% | -$1.78M |
|
2979
CALL
iShares TIPS Bond ETF
TIP
$14.7B
| $4.07M | ﹤0.01% |
35,000
+13,400
| +62% | +$1.56M |
|
2980
PUT
Tyler Technologies
TYL
$13B
| $4.07M | ﹤0.01% |
15,500
+9,300
| +150% | +$2.28M |
|
|
ONC
2981
CALL
BeOne Medicines Ltd
ONC
$40.6B
| $4.07M | ﹤0.01% |
33,200
+17,300
| +109% | +$2.3M |
|
2982
Vanguard Morningstar Value ETF
VTV
$194B
| $4.06M | ﹤0.01% |
36,397
+1,128
| +3% | +$125K |
|
2983
PUT
UBS Group
UBS
$176B
| $4.06M | ﹤0.01% |
359,100
+305,500
| +570% | +$3.44M |
|
2984
CALL
Banco Macro
BMA
$5.1B
| $4.06M | ﹤0.01% |
156,000
+114,000
| +271% | +$5.32M |
|
|
ALDR
2985
DELISTED
Alder Biopharmaceuticals
ALDR
| $4.06M | ﹤0.01% |
215,124
+130,854
| +155% | +$1.5M |
|
2986
CALL
Matador Resources
MTDR
$6.5B
| $4.05M | ﹤0.01% |
245,300
+165,100
| +206% | +$2.76M |
|
|
DGL
2987
DELISTED
Invesco DB Gold Fund
DGL
| $4.05M | ﹤0.01% |
+90,144
| New | +$4.06M |
|
2988
CALL
Cenovus Energy
CVE
$56.4B
| $4.05M | ﹤0.01% |
431,900
+198,100
| +85% | +$1.8M |
|
|
HEP
2989
PUT
DELISTED
Holly Energy Partners, L.P.
HEP
| $4.05M | ﹤0.01% |
160,300
+74,100
| +86% | +$2.03M |
|
2990
CALL
Xcel Energy
XEL
$49.1B
| $4.05M | ﹤0.01% |
62,400
+32,400
| +108% | +$2.02M |
|
2991
CALL
Cincinnati Financial
CINF
$26.5B
| $4.05M | ﹤0.01% |
34,700
-30,500
| -47% | -$3.35M |
|
|
CONN
2992
CALL
DELISTED
Conn's Inc.
CONN
| $4.04M | ﹤0.01% |
162,700
-86,400
| -35% | -$1.82M |
|
|
2993
PUT
Cenovus Energy
CVE
$56.4B
| $4.04M | ﹤0.01% |
430,700
+110,900
| +35% | +$1.01M |
|
2994
CALL
Teradata
TDC
$2.49B
| $4.04M | ﹤0.01% |
130,300
+52,300
| +67% | +$1.76M |
|
2995
CALL
Blackbaud
BLKB
$2.1B
| $4.04M | ﹤0.01% |
+44,700
| New | +$3.98M |
|
2996
CALL
Lamar Advertising Co
LAMR
$15.6B
| $4.03M | ﹤0.01% |
49,200
+10,300
| +26% | +$813K |
|
|
FINV
2997
FinVolution Group
FINV
$1.07B
| $4.03M | ﹤0.01% |
1,389,264
-474
| -0% | -$1.81K |
|
|
SRCL
2998
PUT
DELISTED
Stericycle Inc
SRCL
| $4.03M | ﹤0.01% |
79,100
+32,000
| +68% | +$1.49M |
|
2999
Wayfair
W
$13.9B
| $4.03M | ﹤0.01% |
35,908
+3,845
| +12% | +$492K |
|
3000
Regenxbio
RGNX
$720M
| $4.02M | ﹤0.01% |
112,939
+34,747
| +44% | +$1.41M |
|
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.