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 | |
|---|---|---|---|---|---|---|
6126
Vanguard Communication Services ETF
VOX
$5.9B
| $809K | ﹤0.01% |
9,335
-7,165
| -43% | -$632K |
|
6127
PUT
Kayne Anderson Energy Infrastructure Fund
KYN
$2.51B
| $808K | ﹤0.01% |
55,900
+6,500
| +13% | +$96.4K |
|
6128
Laureate Education
LAUR
$5.18B
| $808K | ﹤0.01% |
48,736
-32,739
| -40% | -$550K |
|
6129
CALL
BOK Financial
BOKF
$8.88B
| $807K | ﹤0.01% |
10,200
-5,000
| -33% | -$392K |
|
6130
Noodles & Co
NDLS
$107M
| $807K | ﹤0.01% |
17,824
+13,224
| +287% | +$710K |
|
6131
SPX Corp
SPXC
$10.9B
| $807K | ﹤0.01% |
20,179
+4,867
| +32% | +$180K |
|
6132
PUT
iShares MSCI Thailand ETF
THD
$353M
| $807K | ﹤0.01% |
9,100
-5,200
| -36% | -$474K |
|
|
AXU
6133
DELISTED
Alexco Resource Corp
AXU
| $807K | ﹤0.01% |
+466,205
| New | +$858K |
|
6134
CALL
FTI Consulting
FCN
$4.19B
| $806K | ﹤0.01% |
7,600
+4,700
| +162% | +$480K |
|
6135
ARK Genomic Revolution ETF
ARKG
$1.74B
| $805K | ﹤0.01% |
27,260
-2,885
| -10% | -$93.8K |
|
6136
CRH
CRH
$64.6B
| $805K | ﹤0.01% |
23,425
+9,011
| +63% | +$299K |
|
6137
PUT
Entegris
ENTG
$24.7B
| $805K | ﹤0.01% |
17,100
-5,500
| -24% | -$232K |
|
6138
Helix Energy Solutions
HLX
$1.54B
| $805K | ﹤0.01% |
99,897
+51,025
| +104% | +$412K |
|
6139
PUT
Quanex
NX
$962M
| $805K | ﹤0.01% |
44,500
-5,800
| -12% | -$104K |
|
6140
CALL
Terex
TEX
$7.76B
| $805K | ﹤0.01% |
31,000
-7,700
| -20% | -$212K |
|
|
LPT
6141
DELISTED
Liberty Property Trust
LPT
| $804K | ﹤0.01% |
+15,665
| New | +$807K |
|
6142
Arcosa
ACA
$7.14B
| $803K | ﹤0.01% |
23,485
+5,927
| +34% | +$205K |
|
6143
Westamerica Bancorp
WABC
$1.38B
| $803K | ﹤0.01% |
12,909
+3,677
| +40% | +$228K |
|
|
AVDL
6144
DELISTED
Avadel Pharmaceuticals
AVDL
| $802K | ﹤0.01% |
192,739
+94,350
| +96% | +$236K |
|
6145
CALL
ProShares UltraShort MSCI Brazil Capped
BZQ
$2.73M
| $802K | ﹤0.01% |
2,044
-719
| -26% | -$278K |
|
6146
Fidelity MSCI Communication Services Index ETF
FCOM
$1.8B
| $802K | ﹤0.01% |
24,252
-16,125
| -40% | -$543K |
|
6147
PUT
VanEck Pharmaceutical ETF
PPH
$985M
| $802K | ﹤0.01% |
14,100
-1,300
| -8% | -$74.5K |
|
6148
Barrett Business Services
BBSI
$781M
| $801K | ﹤0.01% |
36,076
+25,208
| +232% | +$548K |
|
6149
Nordson
NDSN
$17.2B
| $801K | ﹤0.01% |
5,478
-12,602
| -70% | -$1.75M |
|
6150
Telephone and Data Systems
TDS
$4.05B
| $801K | ﹤0.01% |
31,059
+23,389
| +305% | +$653K |
|
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.