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 |
Zoom
ZM
|
+$834M |
| 2 |
FedEx
FDX
|
+$666M |
| 3 |
Microsoft
MSFT
|
+$594M |
| 4 |
Advanced Micro Devices
AMD
|
+$585M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$403M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Walt Disney
DIS
|
+$2.17B |
| 2 |
Amazon
AMZN
|
+$1.98B |
| 3 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.79B |
| 4 |
NVIDIA
NVDA
|
+$1.18B |
| 5 |
Wells Fargo
WFC
|
+$827M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.85% |
| 2 | Consumer Discretionary | 1.29% |
| 3 | Communication Services | 0.9% |
| 4 | Healthcare | 0.88% |
| 5 | Financials | 0.79% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
326
CALL
American Airlines Group
AAL
$10.6B
| $362M | 0.05% |
17,654,500
+4,046,700
| +30% | +$82M |
|
327
PUT
United Airlines
UAL
$42.1B
| $362M | 0.05% |
7,613,400
+1,284,000
| +20% | +$60.5M |
|
328
CALL
KraneShares CSI China Internet ETF
KWEB
$5.67B
| $361M | 0.05% |
7,639,300
+5,255,500
| +220% | +$276M |
|
329
Hilton Worldwide
HLT
$71.5B
| $361M | 0.05% |
2,731,114
+1,498,838
| +122% | +$189M |
|
330
PUT
Align Technology
ALGN
$12.3B
| $361M | 0.05% |
542,000
+153,300
| +39% | +$104M |
|
331
CALL
Beyond Meat
BYND
$277M
| $356M | 0.05% |
3,385,400
+143,200
| +4% | +$17.5M |
|
332
PUT
American Express
AXP
$230B
| $356M | 0.05% |
2,126,100
+439,800
| +26% | +$73.5M |
|
|
333
Wells Fargo
WFC
$264B
| $356M | 0.05% |
7,661,737
-17,864,920
| -70% | -$827M |
|
334
CALL
Expedia Group
EXPE
$37.3B
| $354M | 0.05% |
2,161,200
+661,900
| +44% | +$102M |
|
|
ATVI
335
PUT
DELISTED
Activision Blizzard
ATVI
| $352M | 0.05% |
4,544,600
+2,201,500
| +94% | +$184M |
|
336
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$34.6B
| $349M | 0.05% |
3,571,600
+1,664,000
| +87% | +$171M |
|
337
CALL
Royal Caribbean
RCL
$85.6B
| $347M | 0.05% |
3,897,900
+1,780,100
| +84% | +$144M |
|
338
PUT
PepsiCo
PEP
$190B
| $345M | 0.05% |
2,293,200
+985,400
| +75% | +$153M |
|
339
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.7B
| $344M | 0.05% |
4,308,500
+1,391,500
| +48% | +$114M |
|
340
CALL
Generac Holdings
GNRC
$12.5B
| $343M | 0.05% |
839,300
+258,100
| +44% | +$111M |
|
341
CALL
T-Mobile US
TMUS
$190B
| $342M | 0.05% |
2,680,800
-342,100
| -11% | -$47.6M |
|
342
PUT
Pinterest
PINS
$13.4B
| $337M | 0.05% |
6,607,600
+714,300
| +12% | +$43.9M |
|
343
CALL
Las Vegas Sands
LVS
$29.6B
| $336M | 0.05% |
9,191,600
+860,900
| +10% | +$36.9M |
|
344
CALL
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$147M
| $336M | 0.05% |
754,481
+235,968
| +46% | +$106M |
|
345
CALL
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $336M | 0.05% |
4,494,600
+963,200
| +27% | +$74.3M |
|
346
Merck
MRK
$318B
| $334M | 0.04% |
4,452,702
+610,949
| +16% | +$46.5M |
|
347
CALL
Analog Devices
ADI
$190B
| $333M | 0.04% |
1,991,000
+952,700
| +92% | +$160M |
|
348
PUT
Pinduoduo
PDD
$131B
| $333M | 0.04% |
3,668,600
-398,000
| -10% | -$38.7M |
|
349
CALL
Amgen
AMGN
$222B
| $333M | 0.04% |
1,564,000
-492,900
| -24% | -$113M |
|
350
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.57B
| $331M | 0.04% |
4,890,700
+2,389,400
| +96% | +$154M |
|
Similar funds
Susquehanna International Group's Q3 2021 Portfolio in Review
As of Q3 2021, Susquehanna International Group held 14,193 positions worth $745B, up 4.8% from $712B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Susquehanna International Group deployed $45.4B of net new capital in Q3 2021, opening 1,741 new positions and adding to 5,206 existing holdings. Its largest new stake was InMode: 613,660 shares worth $48.9M.
By sector, the portfolio is most concentrated in Technology at 1.9% of assets, down from 1.9% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Walt Disney, an estimated $2.17B trimmed.
- Susquehanna International Group's largest Q3 2021 buy was InMode: 613,660 shares worth $48.9M.
- Susquehanna International Group added most to Zoom in Q3 2021, an estimated $834M increase.
- Susquehanna International Group's biggest Q3 2021 reduction was Walt Disney, cutting an estimated $2.17B.
- Susquehanna International Group fully exited PRA Health Sciences, Inc. in Q3 2021, selling an estimated $103M.
- Susquehanna International Group's ten largest holdings make up 32% of its $745B portfolio in Q3 2021.
- Susquehanna International Group opened 1,741 new positions and closed 1,560 in Q3 2021.
- Susquehanna International Group's portfolio value rose 4.8% quarter-over-quarter to $745B.
Based on Susquehanna International Group's 13F filing for Q3 2021, filed 15 Nov 2021.