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 | |
|---|---|---|---|---|---|---|
3801
CALL
Philips
PHG
$26.7B
| $2.43M | ﹤0.01% |
66,175
-5,536
| -8% | -$204K |
|
3802
CALL
PENN Entertainment
PENN
$2.52B
| $2.42M | ﹤0.01% |
130,100
-160,200
| -55% | -$3.03M |
|
3803
CALL
Skywest
SKYW
$4.18B
| $2.42M | ﹤0.01% |
42,200
+19,800
| +88% | +$1.16M |
|
3804
CALL
Vanguard Financials ETF
VFH
$14B
| $2.42M | ﹤0.01% |
34,600
-6,000
| -15% | -$415K |
|
|
CNXM
3805
CALL
DELISTED
CNX Midstream Partners LP
CNXM
| $2.42M | ﹤0.01% |
171,700
+142,600
| +490% | +$2.05M |
|
3806
PUT
Dentsply Sirona
XRAY
$2.31B
| $2.42M | ﹤0.01% |
45,400
+23,100
| +104% | +$1.24M |
|
3807
PUT
Westlake Chemical Partners
WLKP
$765M
| $2.42M | ﹤0.01% |
104,100
+78,600
| +308% | +$1.78M |
|
3808
ProShares Ultra QQQ
QLD
$14.4B
| $2.42M | ﹤0.01% |
199,976
+170,896
| +588% | +$2.09M |
|
|
IBTX
3809
CALL
DELISTED
Independent Bank Group, Inc.
IBTX
| $2.42M | ﹤0.01% |
45,900
+7,900
| +21% | +$417K |
|
3810
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $2.41M | ﹤0.01% |
59,324
-4,117
| -6% | -$165K |
|
3811
PUT
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $2.41M | ﹤0.01% |
43,100
+37,900
| +729% | +$2.12M |
|
3812
PUT
Allegiant Air
ALGT
$2.34B
| $2.41M | ﹤0.01% |
16,100
-6,500
| -29% | -$952K |
|
3813
PUT
Supernus Pharmaceuticals
SUPN
$2.81B
| $2.41M | ﹤0.01% |
87,700
-96,800
| -52% | -$2.87M |
|
|
BREW
3814
CALL
DELISTED
Craft Brew Alliance, Inc.
BREW
| $2.41M | ﹤0.01% |
294,100
-368,800
| -56% | -$4.61M |
|
3815
CALL
Teucrium Corn Fund
CORN
$171M
| $2.41M | ﹤0.01% |
158,500
-19,000
| -11% | -$295K |
|
3816
CALL
Alexandria Real Estate Equities
ARE
$8.28B
| $2.4M | ﹤0.01% |
15,600
+100
| +0.6% | +$14.8K |
|
3817
CALL
PennyMac Financial
PFSI
$4.05B
| $2.4M | ﹤0.01% |
+79,100
| New | +$2.13M |
|
|
FLIR
3818
PUT
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $2.4M | ﹤0.01% |
45,700
+14,300
| +46% | +$729K |
|
|
APHA
3819
DELISTED
Aphria Inc. Common Shares
APHA
| $2.4M | ﹤0.01% |
461,869
-239,452
| -34% | -$1.52M |
|
3820
PUT
Middleby
MIDD
$5.33B
| $2.4M | ﹤0.01% |
20,500
+13,600
| +197% | +$1.67M |
|
3821
Cintas
CTAS
$79.8B
| $2.39M | ﹤0.01% |
35,720
+4,444
| +14% | +$285K |
|
3822
First Trust Energy AlphaDEX Fund
FXN
$394M
| $2.39M | ﹤0.01% |
243,956
+176,192
| +260% | +$1.8M |
|
|
KRA
3823
DELISTED
Kraton Corporation
KRA
| $2.39M | ﹤0.01% |
74,119
+62,218
| +523% | +$1.86M |
|
3824
Armstrong World Industries
AWI
$7.7B
| $2.39M | ﹤0.01% |
24,727
-31,061
| -56% | -$2.99M |
|
|
GLUU
3825
DELISTED
Glu Mobile Inc.
GLUU
| $2.39M | ﹤0.01% |
479,001
-43,423
| -8% | -$248K |
|
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.