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 | |
|---|---|---|---|---|---|---|
4101
TriNet
TNET
$3.16B
| $2.05M | ﹤0.01% |
32,935
+3,461
| +12% | +$236K |
|
4102
Terreno Realty
TRNO
$7.43B
| $2.05M | ﹤0.01% |
40,072
+4,415
| +12% | +$221K |
|
4103
PUT
Green Plains
GPRE
$1.09B
| $2.05M | ﹤0.01% |
193,100
+139,100
| +258% | +$1.33M |
|
|
AXE
4104
PUT
DELISTED
Anixter International Inc
AXE
| $2.05M | ﹤0.01% |
29,600
+7,300
| +33% | +$447K |
|
4105
SouthState Bank Corp
SSB
$10.8B
| $2.04M | ﹤0.01% |
27,163
+3,438
| +14% | +$259K |
|
4106
CALL
Casella Waste Systems
CWST
$5.77B
| $2.04M | ﹤0.01% |
47,600
+25,000
| +111% | +$1.08M |
|
4107
First Merchants
FRME
$2.74B
| $2.04M | ﹤0.01% |
54,205
+14,064
| +35% | +$525K |
|
4108
PUT
Coherus Oncology
CHRS
$185M
| $2.04M | ﹤0.01% |
100,600
+78,600
| +357% | +$1.57M |
|
|
HOUS
4109
PUT
DELISTED
Anywhere Real Estate
HOUS
| $2.04M | ﹤0.01% |
304,800
-75,100
| -20% | -$434K |
|
4110
Community Bank
CBU
$3.46B
| $2.04M | ﹤0.01% |
32,985
+3,729
| +13% | +$236K |
|
|
EB
4111
PUT
DELISTED
Eventbrite
EB
| $2.03M | ﹤0.01% |
114,800
-5,200
| -4% | -$91.2K |
|
4112
CALL
Coeur Mining
CDE
$19.3B
| $2.03M | ﹤0.01% |
422,300
+216,100
| +105% | +$1.07M |
|
4113
CALL
Alarm.com
ALRM
$2.73B
| $2.03M | ﹤0.01% |
43,500
-12,600
| -22% | -$618K |
|
|
SFE
4114
DELISTED
Safeguard Scientifics, Inc.
SFE
| $2.03M | ﹤0.01% |
178,883
+72,885
| +69% | +$869K |
|
4115
iShares MSCI Israel ETF
EIS
$910M
| $2.03M | ﹤0.01% |
37,148
+3,614
| +11% | +$196K |
|
4116
CALL
Old Republic International
ORI
$10.3B
| $2.03M | ﹤0.01% |
86,000
+14,000
| +19% | +$320K |
|
4117
CALL
QuinStreet
QNST
$1.18B
| $2.03M | ﹤0.01% |
161,000
-102,400
| -39% | -$1.4M |
|
|
WW
4118
DELISTED
WW International
WW
| $2.03M | ﹤0.01% |
53,591
-331,200
| -86% | -$9.35M |
|
4119
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $2.03M | ﹤0.01% |
17,900
+6,000
| +50% | +$675K |
|
4120
CALL
ALPS Medical Breakthroughs ETF
SBIO
$215M
| $2.03M | ﹤0.01% |
64,200
+6,500
| +11% | +$228K |
|
4121
PUT
Schwab International Equity ETF
SCHF
$69.4B
| $2.03M | ﹤0.01% |
127,200
+106,800
| +524% | +$1.68M |
|
4122
PUT
UGI
UGI
$7.59B
| $2.03M | ﹤0.01% |
40,300
+18,500
| +85% | +$924K |
|
4123
Anterix
ATEX
$1.79B
| $2.02M | ﹤0.01% |
55,950
+47,837
| +590% | +$2.02M |
|
4124
CALL
Community Health Systems
CYH
$423M
| $2.02M | ﹤0.01% |
562,400
-109,800
| -16% | -$286K |
|
4125
PUT
Hain Celestial
HAIN
$52.4M
| $2.02M | ﹤0.01% |
94,300
-66,400
| -41% | -$1.39M |
|
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.