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 | |
|---|---|---|---|---|---|---|
526
CALL
Seagate
STX
$184B
| $81.3M | 0.03% |
1,510,700
+151,300
| +11% | +$7.42M |
|
|
RSX
527
DELISTED
VanEck Russia ETF
RSX
| $80.9M | 0.03% |
3,544,638
+359,482
| +11% | +$8.29M |
|
528
PUT
T-Mobile US
TMUS
$190B
| $80.7M | 0.03% |
1,024,400
-63,600
| -6% | -$4.98M |
|
529
Trade Desk
TTD
$6.49B
| $80.4M | 0.03% |
4,289,330
+1,456,530
| +51% | +$34.7M |
|
530
CALL
CSX Corp
CSX
$93.1B
| $80.3M | 0.03% |
3,477,300
+614,400
| +21% | +$14.3M |
|
531
PUT
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $79.8M | 0.03% |
2,113,300
+501,100
| +31% | +$18.7M |
|
532
Vanguard Real Estate ETF
VNQ
$39B
| $79.3M | 0.03% |
850,611
-105,367
| -11% | -$9.57M |
|
|
PPLI
533
CALL
People Inc
PPLI
$3.1B
| $78.9M | 0.03% |
2,025,538
+314,462
| +18% | +$13.4M |
|
534
CALL
Edwards Lifesciences
EW
$51.7B
| $78.2M | 0.03% |
1,066,500
+328,800
| +45% | +$23.1M |
|
535
CALL
Sarepta Therapeutics
SRPT
$1.77B
| $78M | 0.03% |
1,036,000
+86,700
| +9% | +$10.2M |
|
536
CALL
Spotify
SPOT
$100B
| $77.9M | 0.03% |
683,100
-372,700
| -35% | -$52.6M |
|
537
Kraft Heinz
KHC
$30B
| $77.4M | 0.03% |
2,772,302
-599,251
| -18% | -$17.2M |
|
538
PUT
General Dynamics
GD
$106B
| $77.4M | 0.03% |
423,500
+182,700
| +76% | +$33.9M |
|
|
MDCO
539
PUT
DELISTED
Medicines Co
MDCO
| $77.1M | 0.03% |
1,542,900
+538,300
| +54% | +$21.5M |
|
540
CALL
Williams Companies
WMB
$86.1B
| $76.9M | 0.03% |
3,194,400
+1,395,200
| +78% | +$35.2M |
|
541
CALL
Estee Lauder
EL
$32B
| $76.8M | 0.03% |
385,800
+91,300
| +31% | +$17.5M |
|
542
PUT
Zebra Technologies
ZBRA
$17.8B
| $76.7M | 0.03% |
371,900
+269,700
| +264% | +$54.5M |
|
|
WBA
543
DELISTED
Walgreens Boots Alliance
WBA
| $76.3M | 0.03% |
1,379,051
-420,011
| -23% | -$22.5M |
|
544
CALL
Norfolk Southern
NSC
$75.1B
| $76M | 0.03% |
423,000
-349,000
| -45% | -$64.2M |
|
545
CALL
Ferrari
RACE
$72.5B
| $76M | 0.03% |
493,200
+129,200
| +35% | +$20.6M |
|
546
PUT
Vale
VALE
$62.6B
| $75.7M | 0.03% |
6,579,500
+655,000
| +11% | +$7.94M |
|
547
PUT
Halliburton
HAL
$26.6B
| $75.4M | 0.03% |
4,001,400
+365,600
| +10% | +$7.57M |
|
548
Goldman Sachs
GS
$303B
| $75.3M | 0.03% |
363,394
-132,859
| -27% | -$27.8M |
|
549
American Airlines Group
AAL
$10.6B
| $75.3M | 0.03% |
2,791,856
-222,053
| -7% | -$6.5M |
|
|
AMRN
550
PUT
Amarin Corp
AMRN
$303M
| $75.2M | 0.03% |
247,945
+119,885
| +94% | +$41.8M |
|
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.