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 | 2.09% |
| 3 | Communication Services | 1.44% |
| 4 | Financials | 1.21% |
| 5 | Healthcare | 1.13% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3301
iShares US Industrials ETF
IYJ
$1.97B
| $3.31M | ﹤0.01% |
+41,678
| New | +$3.28M |
|
3302
CALL
United Therapeutics
UTHR
$21.5B
| $3.31M | ﹤0.01% |
41,500
-600
| -1% | -$48.3K |
|
|
NVRO
3303
CALL
DELISTED
NEVRO CORP.
NVRO
| $3.31M | ﹤0.01% |
38,500
+500
| +1% | +$37.8K |
|
|
CHL
3304
PUT
DELISTED
China Mobile Limited
CHL
| $3.31M | ﹤0.01% |
79,900
-104,300
| -57% | -$4.44M |
|
3305
CNX Resources
CNX
$5.31B
| $3.31M | ﹤0.01% |
455,509
+354,268
| +350% | +$2.65M |
|
3306
CALL
Brookfield Infrastructure Partners
BIP
$18.3B
| $3.3M | ﹤0.01% |
111,888
+93,744
| +517% | +$2.54M |
|
3307
CALL
MKS Inc
MKSI
$20.6B
| $3.3M | ﹤0.01% |
35,800
+6,300
| +21% | +$520K |
|
3308
PUT
Gogo Inc
GOGO
$378M
| $3.3M | ﹤0.01% |
547,700
+89,000
| +19% | +$420K |
|
3309
PUT
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $3.3M | ﹤0.01% |
51,500
+36,600
| +246% | +$2.32M |
|
3310
iShares Dow Jones US ETF
IYY
$3.09B
| $3.3M | ﹤0.01% |
44,684
+15,670
| +54% | +$1.15M |
|
3311
NeoGenomics
NEO
$2.07B
| $3.3M | ﹤0.01% |
172,409
+62,299
| +57% | +$1.46M |
|
3312
STAAR Surgical
STAA
$1.28B
| $3.29M | ﹤0.01% |
127,799
-16,557
| -11% | -$503K |
|
3313
CALL
CMS Energy
CMS
$22.3B
| $3.29M | ﹤0.01% |
51,400
-103,900
| -67% | -$6.31M |
|
3314
Advance Auto Parts
AAP
$3.4B
| $3.29M | ﹤0.01% |
19,861
+2,865
| +17% | +$431K |
|
3315
Invesco FTSE RAFI Emerging Markets ETF
PXH
$1.96B
| $3.29M | ﹤0.01% |
163,574
+36,009
| +28% | +$743K |
|
3316
CALL
America's Car Mart
CRMT
$25.5M
| $3.28M | ﹤0.01% |
35,800
+32,000
| +842% | +$2.84M |
|
|
ADVM
3317
CALL
DELISTED
Adverum Biotechnologies
ADVM
| $3.28M | ﹤0.01% |
60,200
+51,130
| +564% | +$5.76M |
|
3318
CALL
Integra LifeSciences
IART
$1.41B
| $3.28M | ﹤0.01% |
54,600
+1,700
| +3% | +$101K |
|
3319
PUT
Acadia Healthcare
ACHC
$2.88B
| $3.28M | ﹤0.01% |
105,500
-1,400
| -1% | -$42.6K |
|
3320
PUT
Medpace
MEDP
$16.1B
| $3.28M | ﹤0.01% |
39,000
-2,100
| -5% | -$159K |
|
|
DVAX
3321
CALL
DELISTED
Dynavax Technologies
DVAX
| $3.27M | ﹤0.01% |
915,200
+359,600
| +65% | +$1.39M |
|
3322
CALL
Hexcel
HXL
$7.8B
| $3.26M | ﹤0.01% |
39,700
-9,900
| -20% | -$809K |
|
3323
PUT
Gold Fields
GFI
$35.7B
| $3.25M | ﹤0.01% |
661,100
+529,800
| +404% | +$2.88M |
|
3324
Invesco Dorsey Wright Healthcare Momentum ETF
PTH
$243M
| $3.25M | ﹤0.01% |
124,842
+96,399
| +339% | +$2.76M |
|
3325
Extra Space Storage
EXR
$31.5B
| $3.25M | ﹤0.01% |
27,829
+21,287
| +325% | +$2.46M |
|
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.