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 | |
|---|---|---|---|---|---|---|
401
PUT
Atlassian
TEAM
$37.8B
| $113M | 0.04% |
897,600
+293,100
| +48% | +$39.9M |
|
402
CALL
Charter Communications
CHTR
$18.2B
| $112M | 0.04% |
272,600
-306,000
| -53% | -$123M |
|
403
CALL
CME Group
CME
$94.8B
| $112M | 0.04% |
516,800
-93,300
| -15% | -$19.5M |
|
404
CALL
BP
BP
$107B
| $112M | 0.04% |
2,939,300
+50,290
| +2% | +$1.92M |
|
405
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.46B
| $112M | 0.04% |
3,079,200
+888,000
| +41% | +$34.5M |
|
406
CALL
American International
AIG
$41.3B
| $111M | 0.04% |
1,994,700
+550,200
| +38% | +$30.4M |
|
407
PUT
eBay
EBAY
$49.8B
| $111M | 0.04% |
2,843,500
+420,000
| +17% | +$16.8M |
|
|
COUP
408
CALL
DELISTED
Coupa Software Incorporated
COUP
| $111M | 0.04% |
853,800
+273,400
| +47% | +$37.9M |
|
409
CALL
EOG Resources
EOG
$70.7B
| $111M | 0.04% |
1,490,100
+365,900
| +33% | +$29.7M |
|
410
CALL
Allegiant Air
ALGT
$2.57B
| $110M | 0.04% |
732,300
+657,100
| +874% | +$96.2M |
|
411
Oracle
ORCL
$423B
| $110M | 0.04% |
1,991,119
+359,856
| +22% | +$19.9M |
|
|
EXAS
412
PUT
DELISTED
Exact Sciences
EXAS
| $109M | 0.04% |
1,210,200
-66,300
| -5% | -$7.55M |
|
413
PUT
Skyworks Solutions
SWKS
$10.6B
| $109M | 0.04% |
1,375,500
+113,900
| +9% | +$9.08M |
|
414
JD.com
JD
$44.5B
| $109M | 0.04% |
3,852,322
-2,462,821
| -39% | -$74.4M |
|
415
IBM
IBM
$224B
| $108M | 0.04% |
779,721
+385,266
| +98% | +$52M |
|
416
CALL
Duke Energy
DUK
$97.3B
| $108M | 0.04% |
1,124,900
+274,900
| +32% | +$25M |
|
417
PUT
American Airlines Group
AAL
$10.6B
| $107M | 0.04% |
3,965,000
-182,100
| -4% | -$5.33M |
|
418
PUT
Autodesk
ADSK
$52.6B
| $107M | 0.04% |
723,300
+362,100
| +100% | +$56.3M |
|
419
AB InBev
BUD
$165B
| $107M | 0.04% |
1,122,039
-201,370
| -15% | -$19.1M |
|
420
PUT
Medtronic
MDT
$112B
| $107M | 0.04% |
981,300
-38,000
| -4% | -$3.96M |
|
421
PUT
Comcast
CMCSA
$90B
| $106M | 0.04% |
2,356,100
+1,299,300
| +123% | +$57.6M |
|
422
Occidental Petroleum
OXY
$55.9B
| $106M | 0.04% |
2,385,224
+118,178
| +5% | +$5.59M |
|
423
PUT
Equinix
EQIX
$103B
| $104M | 0.03% |
180,700
+48,400
| +37% | +$26M |
|
424
Wynn Resorts
WYNN
$10.6B
| $104M | 0.03% |
957,529
+64,814
| +7% | +$7.71M |
|
425
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| $104M | 0.03% |
1,971,100
+886,700
| +82% | +$46.3M |
|
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.