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 | |
|---|---|---|---|---|---|---|
|
DQ
4001
CALL
Daqo New Energy
DQ
$991M
| $2.15M | ﹤0.01% |
233,500
-98,500
| -30% | -$899K |
|
4002
CALL
DHT Holdings
DHT
$3.14B
| $2.15M | ﹤0.01% |
349,800
+10,200
| +3% | +$58.7K |
|
|
MGLN
4003
CALL
DELISTED
Magellan Health Services, Inc.
MGLN
| $2.15M | ﹤0.01% |
34,600
+12,000
| +53% | +$800K |
|
|
SNP
4004
CALL
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $2.15M | ﹤0.01% |
36,600
-2,500
| -6% | -$155K |
|
4005
PUT
Sprouts Farmers Market
SFM
$7.69B
| $2.15M | ﹤0.01% |
110,900
-151,400
| -58% | -$2.78M |
|
4006
Plains GP Holdings
PAGP
$5.11B
| $2.14M | ﹤0.01% |
+101,000
| New | +$2.33M |
|
4007
PUT
Huntington Bancshares
HBAN
$36.2B
| $2.14M | ﹤0.01% |
150,100
-223,100
| -60% | -$3.05M |
|
4008
CALL
Coherus Oncology
CHRS
$185M
| $2.14M | ﹤0.01% |
105,700
+63,600
| +151% | +$1.27M |
|
4009
CALL
Direxion Daily MSCI India Bull 2X ETF
INDL
$56.9M
| $2.14M | ﹤0.01% |
34,900
+1,700
| +5% | +$103K |
|
|
4010
PUT
Plains GP Holdings
PAGP
$5.11B
| $2.14M | ﹤0.01% |
100,800
+34,000
| +51% | +$785K |
|
|
PS
4011
CALL
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $2.14M | ﹤0.01% |
127,400
-40,300
| -24% | -$868K |
|
|
REV
4012
PUT
DELISTED
Revlon, Inc.
REV
| $2.14M | ﹤0.01% |
91,000
+19,100
| +27% | +$360K |
|
4013
DigitalBridge
DBRG
$2.94B
| $2.14M | ﹤0.01% |
88,740
+68,095
| +330% | +$1.41M |
|
4014
PUT
Lindsay Corp
LNN
$1.17B
| $2.14M | ﹤0.01% |
23,000
-29,400
| -56% | -$2.62M |
|
|
ALE
4015
DELISTED
Allete
ALE
| $2.13M | ﹤0.01% |
24,430
+6,147
| +34% | +$529K |
|
|
ENDP
4016
DELISTED
Endo International plc
ENDP
| $2.13M | ﹤0.01% |
665,090
+132,220
| +25% | +$426K |
|
4017
Ligand Pharmaceuticals
LGND
$5.87B
| $2.13M | ﹤0.01% |
34,328
-133,282
| -80% | -$8.37M |
|
4018
CALL
Smith & Wesson
SWBI
$643M
| $2.13M | ﹤0.01% |
474,215
+382,104
| +415% | +$2.3M |
|
|
DCPH
4019
CALL
DELISTED
Deciphera Pharmaceuticals, Inc. Common Stock
DCPH
| $2.13M | ﹤0.01% |
62,800
+28,300
| +82% | +$838K |
|
4020
CALL
InterDigital
IDCC
$8.87B
| $2.13M | ﹤0.01% |
40,600
-10,900
| -21% | -$616K |
|
4021
PUT
RenaissanceRe
RNR
$13.4B
| $2.13M | ﹤0.01% |
11,000
-400
| -4% | -$74.5K |
|
4022
PUT
Corcept Therapeutics
CORT
$12.4B
| $2.12M | ﹤0.01% |
150,300
+72,400
| +93% | +$890K |
|
4023
PUT
Qualys
QLYS
$6.44B
| $2.12M | ﹤0.01% |
28,100
-27,800
| -50% | -$2.32M |
|
4024
Golub Capital BDC
GBDC
$3.44B
| $2.12M | ﹤0.01% |
115,056
-7,707
| -6% | -$139K |
|
4025
GoPro
GPRO
$110M
| $2.12M | ﹤0.01% |
409,373
+360,381
| +736% | +$1.69M |
|
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.