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 | |
|---|---|---|---|---|---|---|
501
Freeport-McMoran
FCX
$97.5B
| $85.5M | 0.03% |
8,937,782
+2,632,546
| +42% | +$27M |
|
|
ALXN
502
PUT
DELISTED
Alexion Pharmaceuticals
ALXN
| $85.5M | 0.03% |
872,900
+419,800
| +93% | +$47.3M |
|
503
Energy Transfer Partners
ET
$69.3B
| $85.4M | 0.03% |
6,526,940
+2,502,383
| +62% | +$34.9M |
|
504
PUT
American Tower
AMT
$80.4B
| $85.3M | 0.03% |
385,600
-251,800
| -40% | -$55M |
|
505
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $85M | 0.03% |
1,733,035
+1,719,046
| +12,289% | +$85.2M |
|
|
PXD
506
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $84.9M | 0.03% |
674,900
-58,700
| -8% | -$7.77M |
|
507
PUT
TransDigm Group
TDG
$67.7B
| $84.8M | 0.03% |
162,900
-40,200
| -20% | -$20.6M |
|
508
CALL
Tilray
TLRY
$622M
| $84.6M | 0.03% |
341,910
+74,690
| +28% | +$27.2M |
|
509
CALL
Palo Alto Networks
PANW
$297B
| $84.6M | 0.03% |
2,489,400
+505,200
| +25% | +$17.9M |
|
|
AMRN
510
Amarin Corp
AMRN
$303M
| $84.3M | 0.03% |
278,090
+114,153
| +70% | +$39.8M |
|
511
CALL
Atlassian
TEAM
$37.8B
| $84.1M | 0.03% |
670,400
-8,300
| -1% | -$1.13M |
|
|
EA
512
DELISTED
Electronic Arts
EA
| $84M | 0.03% |
858,382
-4,076
| -0.5% | -$383K |
|
513
CALL
Lumen
LUMN
$6.44B
| $83.7M | 0.03% |
6,709,500
+628,500
| +10% | +$7.46M |
|
514
CALL
Expedia Group
EXPE
$37.3B
| $83.7M | 0.03% |
622,500
+105,500
| +20% | +$13.9M |
|
|
RSX
515
PUT
DELISTED
VanEck Russia ETF
RSX
| $83.6M | 0.03% |
3,666,700
+1,979,900
| +117% | +$45.6M |
|
|
IRBT
516
PUT
DELISTED
iRobot
IRBT
| $83M | 0.03% |
1,345,900
+568,200
| +73% | +$40.7M |
|
517
RTX Corp
RTX
$301B
| $82.9M | 0.03% |
965,071
+765,111
| +383% | +$63.5M |
|
518
ExxonMobil
XOM
$634B
| $82.7M | 0.03% |
1,171,707
+600,469
| +105% | +$43.4M |
|
519
CALL
Okta
OKTA
$25.8B
| $82.6M | 0.03% |
839,000
+250,400
| +43% | +$31.3M |
|
520
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$684B
| $82.2M | 0.03% |
544,100
+283,600
| +109% | +$42.7M |
|
|
X
521
PUT
DELISTED
US Steel
X
| $82.1M | 0.03% |
7,104,300
+685,500
| +11% | +$8.83M |
|
522
PUT
LyondellBasell Industries
LYB
$19.2B
| $81.6M | 0.03% |
912,200
-22,100
| -2% | -$1.8M |
|
523
Visa
V
$677B
| $81.6M | 0.03% |
474,263
+254,994
| +116% | +$45.4M |
|
524
CALL
SLB Ltd
SLB
$75B
| $81.5M | 0.03% |
2,386,100
+433,100
| +22% | +$15.8M |
|
525
PepsiCo
PEP
$190B
| $81.3M | 0.03% |
593,226
+228,495
| +63% | +$30.4M |
|
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.