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 | |
|---|---|---|---|---|---|---|
301
CALL
Sempra
SRE
$54.8B
| $160M | 0.05% |
2,174,000
+1,716,400
| +375% | +$120M |
|
302
PUT
United Rentals
URI
$72.4B
| $160M | 0.05% |
1,286,500
+164,200
| +15% | +$19.9M |
|
303
CALL
iShares Silver Trust
SLV
$30.7B
| $160M | 0.05% |
10,064,400
+7,410,700
| +279% | +$118M |
|
304
PUT
Honeywell
HON
$78B
| $160M | 0.05% |
1,001,902
+330,607
| +49% | +$52.6M |
|
305
CALL
lululemon athletica
LULU
$14.6B
| $160M | 0.05% |
828,700
+161,200
| +24% | +$30.1M |
|
306
CALL
Northrop Grumman
NOC
$81.2B
| $159M | 0.05% |
424,500
+239,800
| +130% | +$84.9M |
|
|
EA
307
PUT
DELISTED
Electronic Arts
EA
| $158M | 0.05% |
1,618,300
-153,200
| -9% | -$14.4M |
|
308
CALL
Cigna
CI
$74.6B
| $158M | 0.05% |
1,038,100
+64,700
| +7% | +$10.5M |
|
309
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.2B
| $156M | 0.05% |
2,585,800
+44,400
| +2% | +$2.68M |
|
310
CALL
Valero Energy
VLO
$85.9B
| $155M | 0.05% |
1,823,400
+203,900
| +13% | +$16.5M |
|
|
TWTR
311
CALL
DELISTED
Twitter, Inc.
TWTR
| $155M | 0.05% |
3,756,800
+1,124,400
| +43% | +$45.9M |
|
|
312
iShares Silver Trust
SLV
$30.7B
| $155M | 0.05% |
9,718,519
+3,997,094
| +70% | +$63.6M |
|
313
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $154M | 0.05% |
4,252,200
+659,300
| +18% | +$25.6M |
|
314
Public Storage
PSA
$61.3B
| $152M | 0.05% |
618,249
+108,076
| +21% | +$27.1M |
|
315
PUT
Western Digital
WDC
$150B
| $152M | 0.05% |
3,360,949
-697,486
| -17% | -$29.8M |
|
316
CALL
Dell
DELL
$293B
| $151M | 0.05% |
5,736,103
+3,489,053
| +155% | +$92.5M |
|
317
CALL
Universal Display
OLED
$4.19B
| $150M | 0.05% |
891,600
+201,100
| +29% | +$40.2M |
|
318
CALL
RH
RH
$3.71B
| $149M | 0.05% |
874,200
+287,300
| +49% | +$40.9M |
|
319
CALL
Applied Materials
AMAT
$428B
| $149M | 0.05% |
2,980,800
-3,007,300
| -50% | -$145M |
|
320
PUT
Verizon
VZ
$196B
| $149M | 0.05% |
2,443,100
-1,486,900
| -38% | -$85.6M |
|
321
Baidu
BIDU
$37.2B
| $148M | 0.05% |
1,439,685
-812,004
| -36% | -$87.2M |
|
|
322
PUT
Universal Display
OLED
$4.19B
| $148M | 0.05% |
879,400
+310,700
| +55% | +$62.2M |
|
323
PUT
Lowe's Companies
LOW
$125B
| $147M | 0.05% |
1,337,600
-294,900
| -18% | -$31.1M |
|
324
CALL
US Bancorp
USB
$99.6B
| $147M | 0.05% |
2,652,600
+427,500
| +19% | +$23.1M |
|
325
PUT
Bausch Health
BHC
$2.34B
| $147M | 0.05% |
6,707,000
+852,400
| +15% | +$19.5M |
|
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.