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 | |
|---|---|---|---|---|---|---|
3876
ProShares Ultra Health Care
RXL
$89.6M
| $2.32M | ﹤0.01% |
94,484
+84,580
| +854% | +$2.15M |
|
|
OILU
3877
CALL
DELISTED
ProShares UltraPro 3x Crude Oil ETF
OILU
| $2.32M | ﹤0.01% |
148,500
+44,000
| +42% | +$840K |
|
3878
PUT
United Natural Foods
UNFI
$2.93B
| $2.32M | ﹤0.01% |
201,100
+75,000
| +59% | +$716K |
|
3879
CALL
Aurinia Pharmaceuticals
AUPH
$2.06B
| $2.32M | ﹤0.01% |
433,700
+169,700
| +64% | +$1.03M |
|
|
EPZM
3880
CALL
DELISTED
Epizyme, Inc
EPZM
| $2.31M | ﹤0.01% |
224,200
+188,600
| +530% | +$2.38M |
|
|
AERI
3881
DELISTED
Aerie Pharmaceuticals
AERI
| $2.31M | ﹤0.01% |
120,315
+5,140
| +4% | +$118K |
|
|
HR
3882
DELISTED
Healthcare Realty Trust Incorporated
HR
| $2.31M | ﹤0.01% |
69,004
+23,786
| +53% | +$779K |
|
3883
Immersion
IMMR
$249M
| $2.31M | ﹤0.01% |
302,036
-263,692
| -47% | -$2.09M |
|
3884
Avis
CAR
$4.87B
| $2.31M | ﹤0.01% |
81,616
-155,108
| -66% | -$4.75M |
|
3885
Southwest Gas
SWX
$6.71B
| $2.3M | ﹤0.01% |
25,283
+6,658
| +36% | +$598K |
|
|
GMS
3886
CALL
DELISTED
GMS Inc
GMS
| $2.29M | ﹤0.01% |
79,900
-41,700
| -34% | -$1.02M |
|
3887
Iovance Biotherapeutics
IOVA
$3.16B
| $2.29M | ﹤0.01% |
126,084
+49,851
| +65% | +$1.1M |
|
3888
CALL
Ryder
R
$10.1B
| $2.29M | ﹤0.01% |
44,300
-103,600
| -70% | -$5.41M |
|
|
UNIT
3889
Uniti Group
UNIT
$2.43B
| $2.29M | ﹤0.01% |
295,224
+25,961
| +10% | +$216K |
|
3890
PUT
Funko
FNKO
$344M
| $2.29M | ﹤0.01% |
111,300
+14,900
| +15% | +$345K |
|
3891
Gerdau
GGB
$9.3B
| $2.29M | ﹤0.01% |
916,017
-10,621
| -1% | -$28.3K |
|
3892
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $2.29M | ﹤0.01% |
19,200
+6,300
| +49% | +$759K |
|
3893
Banc of California
BANC
$3.13B
| $2.29M | ﹤0.01% |
161,798
+145,103
| +869% | +$2.09M |
|
3894
CALL
Maximus
MMS
$2.89B
| $2.29M | ﹤0.01% |
29,600
+14,300
| +93% | +$1.09M |
|
3895
Invesco International Corporate Bond ETF
PICB
$361M
| $2.29M | ﹤0.01% |
87,308
-12,079
| -12% | -$319K |
|
|
ZYNE
3896
CALL
DELISTED
Zynerba Pharmaceuticals, Inc
ZYNE
| $2.29M | ﹤0.01% |
302,500
-449,500
| -60% | -$5.07M |
|
3897
CALL
Monro
MNRO
$359M
| $2.28M | ﹤0.01% |
28,900
+11,700
| +68% | +$937K |
|
3898
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.92B
| $2.28M | ﹤0.01% |
89,835
-65,825
| -42% | -$1.66M |
|
3899
Yext
YEXT
$594M
| $2.28M | ﹤0.01% |
143,499
+37,255
| +35% | +$709K |
|
|
TELL
3900
DELISTED
Tellurian Inc.
TELL
| $2.28M | ﹤0.01% |
274,251
-130,612
| -32% | -$937K |
|
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.