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 | 2.07% |
| 3 | Communication Services | 1.37% |
| 4 | Financials | 1.21% |
| 5 | Healthcare | 1.1% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
376
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.71B
| $120M | 0.04% |
5,914
+498
| +9% | +$10.3M |
|
377
CALL
Altria Group
MO
$114B
| $120M | 0.04% |
2,925,300
+578,300
| +25% | +$26.6M |
|
378
PUT
Simon Property Group
SPG
$72.3B
| $120M | 0.04% |
768,100
-3,300
| -0.4% | -$513K |
|
379
CALL
Wynn Resorts
WYNN
$10.6B
| $120M | 0.04% |
1,099,300
-287,000
| -21% | -$34.2M |
|
380
CALL
Dow Inc
DOW
$21.2B
| $119M | 0.04% |
2,501,800
+889,800
| +55% | +$41.7M |
|
381
PUT
Estee Lauder
EL
$32B
| $119M | 0.04% |
598,500
+408,300
| +215% | +$78.1M |
|
382
SLB Ltd
SLB
$75B
| $118M | 0.04% |
3,463,030
+716,978
| +26% | +$26.2M |
|
383
Ulta Beauty
ULTA
$24.3B
| $118M | 0.04% |
471,891
+456,016
| +2,873% | +$140M |
|
384
PUT
American Express
AXP
$230B
| $118M | 0.04% |
998,400
+429,400
| +75% | +$52.7M |
|
385
PUT
Snap
SNAP
$9.01B
| $117M | 0.04% |
7,422,100
-5,230,100
| -41% | -$83.7M |
|
|
SINA
386
DELISTED
Sina Corp
SINA
| $117M | 0.04% |
2,985,660
-67,227
| -2% | -$2.74M |
|
387
Las Vegas Sands
LVS
$29.6B
| $117M | 0.04% |
2,024,106
+913,854
| +82% | +$53.3M |
|
388
PUT
Oracle
ORCL
$423B
| $116M | 0.04% |
2,114,200
+643,300
| +44% | +$35.5M |
|
389
PUT
Align Technology
ALGN
$12.3B
| $116M | 0.04% |
642,300
+184,500
| +40% | +$38.4M |
|
|
390
PUT
Las Vegas Sands
LVS
$29.6B
| $116M | 0.04% |
2,006,300
+250,000
| +14% | +$14.6M |
|
391
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.5B
| $115M | 0.04% |
3,565,800
+404,600
| +13% | +$12.5M |
|
|
ATVI
392
CALL
DELISTED
Activision Blizzard
ATVI
| $115M | 0.04% |
2,167,800
+1,003,900
| +86% | +$50.1M |
|
393
PUT
Delta Air Lines
DAL
$60.1B
| $114M | 0.04% |
1,985,500
+93,300
| +5% | +$5.53M |
|
394
Bausch Health
BHC
$2.34B
| $114M | 0.04% |
5,229,120
+1,759,649
| +51% | +$40.3M |
|
395
CALL
Regeneron Pharmaceuticals
REGN
$80.8B
| $114M | 0.04% |
411,600
-3,000
| -0.7% | -$888K |
|
396
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $114M | 0.04% |
1,853,600
+1,426,100
| +334% | +$85.7M |
|
397
CALL
ConocoPhillips
COP
$141B
| $114M | 0.04% |
1,995,500
+843,400
| +73% | +$48M |
|
398
CALL
eBay
EBAY
$49.8B
| $114M | 0.04% |
2,914,900
-936,500
| -24% | -$37.6M |
|
399
CALL
State Street Industrial Select Sector SPDR ETF
XLI
$33.7B
| $113M | 0.04% |
1,460,200
+351,400
| +32% | +$27M |
|
400
CALL
AB InBev
BUD
$165B
| $113M | 0.04% |
1,184,800
-230,900
| -16% | -$21.9M |
|
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.