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 | |
|---|---|---|---|---|---|---|
3401
PUT
AeroVironment
AVAV
$9.78B
| $3.1M | ﹤0.01% |
57,800
-102,000
| -64% | -$5.6M |
|
3402
iShares Global Energy ETF
IXC
$2.78B
| $3.09M | ﹤0.01% |
101,217
+67,832
| +203% | +$2.08M |
|
3403
CALL
Interactive Brokers
IBKR
$41.8B
| $3.09M | ﹤0.01% |
230,000
-91,200
| -28% | -$1.13M |
|
3404
Insmed
INSM
$27.1B
| $3.09M | ﹤0.01% |
175,143
+54,109
| +45% | +$1.04M |
|
3405
CALL
Main Street Capital
MAIN
$5.5B
| $3.09M | ﹤0.01% |
71,500
-15,000
| -17% | -$640K |
|
|
BKI
3406
CALL
DELISTED
Black Knight, Inc. Common Stock
BKI
| $3.09M | ﹤0.01% |
50,600
-40,100
| -44% | -$2.49M |
|
3407
Masco
MAS
$14.6B
| $3.09M | ﹤0.01% |
74,095
-249,162
| -77% | -$9.99M |
|
3408
PUT
Lazard
LAZ
$4.41B
| $3.09M | ﹤0.01% |
88,200
-5,300
| -6% | -$188K |
|
3409
CALL
Autohome
ATHM
$2.6B
| $3.08M | ﹤0.01% |
37,100
+14,300
| +63% | +$1.23M |
|
3410
PUT
LPL Financial
LPLA
$29.2B
| $3.08M | ﹤0.01% |
37,600
-20,800
| -36% | -$1.66M |
|
3411
PUT
Northern Oil and Gas
NOG
$2.62B
| $3.08M | ﹤0.01% |
156,950
+3,530
| +2% | +$64.8K |
|
|
EPAY
3412
DELISTED
Bottomline Technologies Inc
EPAY
| $3.08M | ﹤0.01% |
78,166
+41,054
| +111% | +$1.72M |
|
3413
Chemed
CHE
$6.97B
| $3.07M | ﹤0.01% |
+7,361
| New | +$3M |
|
3414
PUT
Landstar System
LSTR
$6.43B
| $3.07M | ﹤0.01% |
27,300
-200
| -0.7% | -$22K |
|
|
JO
3415
PUT
DELISTED
iPath Series B Bloomberg Coffee Subindex Total ReturnSM ETN
JO
| $3.07M | ﹤0.01% |
91,900
-88,000
| -49% | -$2.99M |
|
3416
CALL
Leggett & Platt
LEG
$1.32B
| $3.07M | ﹤0.01% |
75,000
+36,500
| +95% | +$1.43M |
|
|
TCP
3417
CALL
DELISTED
TC Pipelines LP
TCP
| $3.07M | ﹤0.01% |
75,500
+19,800
| +36% | +$772K |
|
3418
PUT
Evolus
EOLS
$536M
| $3.07M | ﹤0.01% |
196,500
+28,300
| +17% | +$464K |
|
3419
CALL
HealthEquity
HQY
$8.82B
| $3.07M | ﹤0.01% |
53,700
+4,800
| +10% | +$319K |
|
3420
iShares Core 10+ Year USD Bond ETF
ILTB
$591M
| $3.06M | ﹤0.01% |
+44,184
| New | +$3.01M |
|
3421
CALL
Rollins
ROL
$17.4B
| $3.06M | ﹤0.01% |
134,850
+75,450
| +127% | +$1.73M |
|
3422
PUT
Barclays
BCS
$94.5B
| $3.06M | ﹤0.01% |
416,500
-400,888
| -49% | -$2.9M |
|
3423
CALL
Darling Ingredients
DAR
$10.5B
| $3.06M | ﹤0.01% |
159,700
+126,900
| +387% | +$2.48M |
|
3424
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.39B
| $3.05M | ﹤0.01% |
22,672
-14,958
| -40% | -$2.11M |
|
3425
First Solar
FSLR
$24.3B
| $3.05M | ﹤0.01% |
52,636
-262,825
| -83% | -$16.8M |
|
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.