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 | |
|---|---|---|---|---|---|---|
|
CRZO
3926
PUT
DELISTED
Carrizo Oil & Gas Inc
CRZO
| $2.25M | ﹤0.01% |
262,500
+99,900
| +61% | +$914K |
|
|
SGG
3927
PUT
DELISTED
iPath Series B Bloomberg Sugar Subindex Total ReturnSM ETN
SGG
| $2.25M | ﹤0.01% |
56,700
+23,600
| +71% | +$938K |
|
3928
Invesco Dorsey Wright Consumer Cyclicals Momentum ETF
PEZ
$22.3M
| $2.25M | ﹤0.01% |
43,166
+38,579
| +841% | +$2.13M |
|
3929
RLI Corp
RLI
$5.85B
| $2.25M | ﹤0.01% |
48,474
-410
| -0.8% | -$18.6K |
|
3930
CALL
B&G Foods
BGS
$294M
| $2.25M | ﹤0.01% |
119,000
-31,100
| -21% | -$597K |
|
3931
PUT
Safety Insurance
SAFT
$1.52B
| $2.25M | ﹤0.01% |
22,200
-12,200
| -35% | -$1.19M |
|
3932
Tanger
SKT
$4.42B
| $2.25M | ﹤0.01% |
145,336
-100,768
| -41% | -$1.58M |
|
3933
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $2.25M | ﹤0.01% |
59,305
-82,217
| -58% | -$3.32M |
|
|
SNV
3934
PUT
DELISTED
Synovus
SNV
| $2.25M | ﹤0.01% |
62,800
-182,200
| -74% | -$6.54M |
|
|
HZNP
3935
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $2.25M | ﹤0.01% |
82,500
-66,200
| -45% | -$1.71M |
|
3936
PUT
Frontline
FRO
$9.17B
| $2.24M | ﹤0.01% |
246,600
+144,700
| +142% | +$1.17M |
|
3937
MasTec
MTZ
$23.9B
| $2.24M | ﹤0.01% |
34,563
+9,966
| +41% | +$582K |
|
|
SWCH
3938
PUT
DELISTED
Switch, Inc. Class A Common Stock
SWCH
| $2.24M | ﹤0.01% |
143,600
+1,600
| +1% | +$23.7K |
|
3939
PUT
AMC Global Media
AMCX
$510M
| $2.24M | ﹤0.01% |
45,600
-17,200
| -27% | -$887K |
|
3940
Prologis
PLD
$134B
| $2.24M | ﹤0.01% |
26,307
-93,669
| -78% | -$7.75M |
|
3941
Maximus
MMS
$2.89B
| $2.24M | ﹤0.01% |
29,001
+3,200
| +12% | +$243K |
|
|
TIVO
3942
DELISTED
Tivo Inc
TIVO
| $2.24M | ﹤0.01% |
294,289
-84,247
| -22% | -$644K |
|
|
HIBB
3943
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $2.24M | ﹤0.01% |
97,872
+8,353
| +9% | +$152K |
|
|
PINC
3944
CALL
DELISTED
Premier
PINC
| $2.23M | ﹤0.01% |
77,000
+37,800
| +96% | +$1.41M |
|
3945
Revolve Group
RVLV
$1.68B
| $2.23M | ﹤0.01% |
95,237
-53,615
| -36% | -$1.53M |
|
3946
Blackstone Mortgage Trust
BXMT
$2.44B
| $2.23M | ﹤0.01% |
62,062
+5,894
| +10% | +$210K |
|
3947
PUT
First Horizon
FHN
$12.4B
| $2.22M | ﹤0.01% |
137,300
-2,800
| -2% | -$44.2K |
|
3948
PUT
Western Union
WU
$2.32B
| $2.22M | ﹤0.01% |
95,900
+69,300
| +261% | +$1.5M |
|
3949
United Bankshares
UBSI
$6.71B
| $2.22M | ﹤0.01% |
58,643
+16,496
| +39% | +$611K |
|
3950
PUT
CACI
CACI
$14.8B
| $2.22M | ﹤0.01% |
9,600
-13,800
| -59% | -$2.98M |
|
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.