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 | |
|---|---|---|---|---|---|---|
|
AABA
576
DELISTED
Altaba Inc
AABA
| $69.2M | 0.02% |
3,554,040
-1,418,601
| -29% | -$93.8M |
|
577
CALL
Paycom
PAYC
$9.69B
| $69.1M | 0.02% |
329,900
+70,500
| +27% | +$16.5M |
|
578
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $69.1M | 0.02% |
1,144,200
+82,400
| +8% | +$4.97M |
|
579
iShares S&P GSCI Commodity-Indexed Trust
GSG
$900M
| $69M | 0.02% |
4,585,264
+4,517,754
| +6,692% | +$68.9M |
|
580
Starbucks
SBUX
$120B
| $68.8M | 0.02% |
777,579
+645,893
| +490% | +$59.9M |
|
581
State Street SPDR S&P Regional Banking ETF
KRE
$4.57B
| $68.6M | 0.02% |
1,298,585
+1,236,716
| +1,999% | +$64.6M |
|
582
PUT
ProShares Ultra S&P500
SSO
$8.41B
| $68.5M | 0.02% |
4,264,800
+1,842,400
| +76% | +$29.3M |
|
583
PUT
ConocoPhillips
COP
$141B
| $68.2M | 0.02% |
1,196,400
+632,100
| +112% | +$36M |
|
584
Snap
SNAP
$9.01B
| $68.1M | 0.02% |
4,311,660
+1,675,062
| +64% | +$26.8M |
|
585
CALL
TJX Companies
TJX
$178B
| $68.1M | 0.02% |
1,221,600
+450,700
| +58% | +$24.6M |
|
|
SPLK
586
DELISTED
Splunk Inc
SPLK
| $68.1M | 0.02% |
577,676
+152,879
| +36% | +$19.1M |
|
587
CALL
Allstate
ALL
$67.5B
| $68M | 0.02% |
625,500
+176,800
| +39% | +$18.5M |
|
588
PUT
ProShares UltraPro QQQ
TQQQ
$37.4B
| $67.9M | 0.02% |
8,810,400
+2,997,600
| +52% | +$23.8M |
|
589
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$305M
| $67.4M | 0.02% |
2,768,800
+1,748,700
| +171% | +$46M |
|
590
CALL
Best Buy
BBY
$17.3B
| $67M | 0.02% |
970,800
+316,100
| +48% | +$22M |
|
591
CALL
GSK
GSK
$106B
| $66.5M | 0.02% |
1,246,960
+302,560
| +32% | +$15.6M |
|
592
iShares US Treasury Bond ETF
GOVT
$43.8B
| $66.5M | 0.02% |
+2,524,484
| New | +$65.9M |
|
593
CALL
Arista Networks
ANET
$238B
| $66.4M | 0.02% |
4,446,400
-537,600
| -11% | -$8.32M |
|
594
Twilio
TWLO
$36.6B
| $66.4M | 0.02% |
603,634
+313,144
| +108% | +$40.6M |
|
595
CALL
Yum! Brands
YUM
$41.1B
| $66.3M | 0.02% |
584,600
+113,900
| +24% | +$13M |
|
596
PUT
Crown Castle
CCI
$32.2B
| $66.1M | 0.02% |
475,800
-96,200
| -17% | -$13.3M |
|
597
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $66M | 0.02% |
2,470,800
+989,400
| +67% | +$26.6M |
|
598
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.1B
| $65.8M | 0.02% |
186,617
+164,158
| +731% | +$57.5M |
|
599
PUT
Kimberly-Clark
KMB
$36.5B
| $65.7M | 0.02% |
462,300
+123,500
| +36% | +$17M |
|
600
CALL
Truist Financial
TFC
$64B
| $65.6M | 0.02% |
1,230,000
+169,800
| +16% | +$8.41M |
|
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.