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 | |
|---|---|---|---|---|---|---|
4326
PUT
Ichor Holdings
ICHR
$2.66B
| $1.85M | ﹤0.01% |
76,700
-6,800
| -8% | -$161K |
|
|
LX
4327
LexinFintech Holdings
LX
$224M
| $1.85M | ﹤0.01% |
184,927
+112,273
| +155% | +$1.22M |
|
4328
Invesco Large Cap Value ETF
PWV
$1.8B
| $1.85M | ﹤0.01% |
48,344
-3,767
| -7% | -$141K |
|
4329
Agree Realty
ADC
$9.3B
| $1.85M | ﹤0.01% |
25,289
+2,850
| +13% | +$199K |
|
|
FSCT
4330
PUT
DELISTED
ForeScout Technologies, Inc. Common Stock
FSCT
| $1.85M | ﹤0.01% |
48,800
+500
| +1% | +$18.3K |
|
4331
PUT
Digimarc Corp
DMRC
$169M
| $1.85M | ﹤0.01% |
47,300
-32,900
| -41% | -$1.42M |
|
4332
PUT
iShares National Muni Bond ETF
MUB
$45.8B
| $1.85M | ﹤0.01% |
16,200
+13,100
| +423% | +$1.49M |
|
4333
PUT
iShares S&P 500 Value ETF
IVE
$50.3B
| $1.85M | ﹤0.01% |
15,500
+13,700
| +761% | +$1.61M |
|
|
TEN
4334
PUT
DELISTED
Tenneco Inc. Class A Voting Common Stock
TEN
| $1.85M | ﹤0.01% |
147,500
+50,600
| +52% | +$516K |
|
|
GTT
4335
CALL
DELISTED
GTT Communications, Inc.
GTT
| $1.85M | ﹤0.01% |
196,100
+43,000
| +28% | +$484K |
|
4336
PUT
Primerica
PRI
$9.65B
| $1.84M | ﹤0.01% |
14,500
+11,300
| +353% | +$1.36M |
|
4337
Invesco DB Base Metals Fund
DBB
$315M
| $1.84M | ﹤0.01% |
124,860
+100,499
| +413% | +$1.51M |
|
4338
Cytokinetics
CYTK
$10.3B
| $1.84M | ﹤0.01% |
161,970
+38,223
| +31% | +$480K |
|
4339
CALL
eHealth
EHTH
$39.1M
| $1.84M | ﹤0.01% |
27,600
-38,200
| -58% | -$3.45M |
|
4340
PUT
iShares Russell 1000 ETF
IWB
$50.4B
| $1.84M | ﹤0.01% |
11,200
-3,600
| -24% | -$591K |
|
4341
PUT
Vermilion Energy
VET
$1.73B
| $1.84M | ﹤0.01% |
110,300
+65,800
| +148% | +$1.14M |
|
|
CLVS
4342
PUT
DELISTED
Clovis Oncology, Inc.
CLVS
| $1.84M | ﹤0.01% |
468,600
+243,000
| +108% | +$1.97M |
|
4343
iShares S&P 100 ETF
OEF
$20.5B
| $1.84M | ﹤0.01% |
13,998
+6,374
| +84% | +$835K |
|
|
JAG
4344
DELISTED
Jagged Peak Energy Inc.
JAG
| $1.84M | ﹤0.01% |
253,385
+199,074
| +367% | +$1.47M |
|
4345
PUT
Zurn Elkay Water Solutions
ZWS
$8.45B
| $1.84M | ﹤0.01% |
141,168
-155,492
| -52% | -$2.08M |
|
|
MRTX
4346
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $1.84M | ﹤0.01% |
23,592
-81,053
| -77% | -$7.61M |
|
4347
PUT
Chemed
CHE
$6.96B
| $1.84M | ﹤0.01% |
4,400
-6,800
| -61% | -$2.78M |
|
4348
CALL
Applied Optoelectronics
AAOI
$12.7B
| $1.84M | ﹤0.01% |
163,600
-144,600
| -47% | -$1.45M |
|
4349
PUT
Bank of Montreal
BMO
$130B
| $1.84M | ﹤0.01% |
24,900
-2,000
| -7% | -$146K |
|
4350
FlexShares Quality Dividend Index Fund
QDF
$2.28B
| $1.84M | ﹤0.01% |
40,397
+34,725
| +612% | +$1.56M |
|
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.