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 | |
|---|---|---|---|---|---|---|
376
PUT
Royal Caribbean
RCL
$85.6B
| $296M | 0.04% |
3,331,100
+366,500
| +12% | +$29.6M |
|
377
CALL
Bristol-Myers Squibb
BMY
$132B
| $295M | 0.04% |
4,982,600
-524,600
| -10% | -$34.5M |
|
378
CALL
Merck
MRK
$318B
| $293M | 0.04% |
3,906,100
-1,869,100
| -32% | -$142M |
|
379
CALL
PepsiCo
PEP
$190B
| $293M | 0.04% |
1,950,200
-523,000
| -21% | -$81M |
|
380
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $293M | 0.04% |
7,815,800
-17,257,600
| -69% | -$646M |
|
381
CALL
DexCom
DXCM
$32B
| $293M | 0.04% |
2,144,000
-534,400
| -20% | -$67.4M |
|
382
CALL
Biogen
BIIB
$30.7B
| $292M | 0.04% |
1,033,300
-80,700
| -7% | -$26.4M |
|
383
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $292M | 0.04% |
3,254,400
+1,469,200
| +82% | +$133M |
|
|
384
PUT
Bristol-Myers Squibb
BMY
$132B
| $292M | 0.04% |
4,926,700
+2,426,000
| +97% | +$160M |
|
385
Alibaba
BABA
$308B
| $291M | 0.04% |
1,968,375
-552,314
| -22% | -$100M |
|
386
CALL
Pinterest
PINS
$13.4B
| $291M | 0.04% |
5,712,300
+722,700
| +14% | +$44.4M |
|
387
CALL
Cleveland-Cliffs
CLF
$6.99B
| $291M | 0.04% |
14,669,200
+2,187,100
| +18% | +$49.8M |
|
388
PUT
Carvana
CVNA
$77.9B
| $289M | 0.04% |
4,797,500
+2,242,000
| +88% | +$149M |
|
389
Costco
COST
$420B
| $289M | 0.04% |
643,240
+128,427
| +25% | +$56.5M |
|
390
CALL
Enphase Energy
ENPH
$5.53B
| $287M | 0.04% |
1,914,200
-637,600
| -25% | -$109M |
|
391
CALL
Honeywell
HON
$78B
| $287M | 0.04% |
1,432,987
+275,754
| +24% | +$58.8M |
|
|
COUP
392
CALL
DELISTED
Coupa Software Incorporated
COUP
| $287M | 0.04% |
1,307,200
+83,600
| +7% | +$19.6M |
|
393
Novavax
NVAX
$1.31B
| $284M | 0.04% |
1,371,154
+700,509
| +104% | +$154M |
|
394
CALL
Eli Lilly
LLY
$1.06T
| $283M | 0.04% |
1,225,400
-759,400
| -38% | -$187M |
|
395
PUT
Analog Devices
ADI
$190B
| $283M | 0.04% |
1,688,800
+1,324,000
| +363% | +$222M |
|
396
PUT
Alcoa
AA
$13.2B
| $281M | 0.04% |
5,751,600
-421,000
| -7% | -$17.8M |
|
397
Gilead Sciences
GILD
$165B
| $280M | 0.04% |
4,003,703
+522,678
| +15% | +$36.7M |
|
398
CALL
Simon Property Group
SPG
$72.3B
| $278M | 0.04% |
2,141,900
+149,700
| +8% | +$19.5M |
|
399
PUT
Texas Instruments
TXN
$261B
| $275M | 0.04% |
1,431,800
-583,000
| -29% | -$111M |
|
400
PUT
Humana
HUM
$46.2B
| $275M | 0.04% |
705,500
+400
| +0.1% | +$170K |
|
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.