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 | |
|---|---|---|---|---|---|---|
451
PUT
BP
BP
$107B
| $95.6M | 0.03% |
2,517,000
+798,908
| +46% | +$30.5M |
|
|
ATVI
452
DELISTED
Activision Blizzard
ATVI
| $95.1M | 0.03% |
1,796,593
+574,473
| +47% | +$28.6M |
|
453
PUT
Dollar Tree
DLTR
$25.2B
| $94.8M | 0.03% |
830,800
+175,000
| +27% | +$18.3M |
|
454
PUT
Eli Lilly
LLY
$1.06T
| $94.8M | 0.03% |
847,500
-344,500
| -29% | -$38.4M |
|
455
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $94.8M | 0.03% |
1,543,000
+63,500
| +4% | +$3.82M |
|
456
PUT
NextEra Energy
NEE
$177B
| $94.5M | 0.03% |
1,622,000
+652,800
| +67% | +$35.3M |
|
457
PUT
Energy Transfer Partners
ET
$69.3B
| $94.2M | 0.03% |
7,198,900
+2,137,400
| +42% | +$29.8M |
|
|
SPLK
458
PUT
DELISTED
Splunk Inc
SPLK
| $94M | 0.03% |
797,500
+227,900
| +40% | +$28.5M |
|
459
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $93.6M | 0.03% |
265,600
+86,800
| +49% | +$30.4M |
|
|
460
CALL
Eli Lilly
LLY
$1.06T
| $93.2M | 0.03% |
833,000
-282,800
| -25% | -$31.5M |
|
|
EA
461
CALL
DELISTED
Electronic Arts
EA
| $92.7M | 0.03% |
948,000
-265,400
| -22% | -$24.9M |
|
462
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.7B
| $92.7M | 0.03% |
817,600
-653,000
| -44% | -$74.3M |
|
463
CALL
NetEase
NTES
$84.7B
| $92.1M | 0.03% |
1,729,500
+26,000
| +2% | +$1.32M |
|
464
CALL
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $91.8M | 0.03% |
2,280,400
-2,592,000
| -53% | -$104M |
|
465
PUT
CSX Corp
CSX
$93.1B
| $91.8M | 0.03% |
3,975,300
-303,600
| -7% | -$7.07M |
|
466
PUT
SolarEdge
SEDG
$1.95B
| $91.5M | 0.03% |
1,093,200
-105,300
| -9% | -$7.85M |
|
467
CALL
Kinder Morgan
KMI
$68.7B
| $91.5M | 0.03% |
4,439,100
+1,530,700
| +53% | +$31.4M |
|
468
Peabody Energy
BTU
$2.9B
| $91.4M | 0.03% |
6,210,627
-44,974
| -0.7% | -$877K |
|
|
CGC
469
PUT
Canopy Growth
CGC
$410M
| $91.2M | 0.03% |
397,780
+153,440
| +63% | +$46.9M |
|
470
CALL
Phillips 66
PSX
$81.4B
| $91.1M | 0.03% |
889,700
+113,600
| +15% | +$11.4M |
|
471
CALL
Autodesk
ADSK
$52.6B
| $90.7M | 0.03% |
614,100
+318,200
| +108% | +$49.5M |
|
472
Workday
WDAY
$44.4B
| $90.6M | 0.03% |
532,898
-449,794
| -46% | -$86.8M |
|
473
PUT
MongoDB
MDB
$32.1B
| $90.5M | 0.03% |
751,000
+192,600
| +34% | +$27.8M |
|
474
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$6.92B
| $90.4M | 0.03% |
831,100
-238,500
| -22% | -$25.9M |
|
475
CALL
Linde
LIN
$226B
| $90.3M | 0.03% |
466,000
-57,600
| -11% | -$11.2M |
|
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.