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 | |
|---|---|---|---|---|---|---|
6226
Healthcare Realty
HR
$6.6B
| $777K | ﹤0.01% |
26,432
+2,151
| +9% | +$60.1K |
|
6227
PUT
ePlus
PLUS
$2.31B
| $776K | ﹤0.01% |
20,400
-1,600
| -7% | -$61.7K |
|
|
TGI
6228
CALL
DELISTED
Triumph Group
TGI
| $776K | ﹤0.01% |
33,900
-68,800
| -67% | -$1.57M |
|
6229
CALL
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $776K | ﹤0.01% |
12,100
+5,300
| +78% | +$336K |
|
|
SBM
6230
DELISTED
ProShares Short Basic Materials
SBM
| $776K | ﹤0.01% |
+8,419
| New | +$781K |
|
6231
CALL
Arbor Realty Trust
ABR
$950M
| $775K | ﹤0.01% |
+59,100
| New | +$738K |
|
6232
iShares Morningstar Mid-Cap ETF
IMCB
$1.73B
| $775K | ﹤0.01% |
15,680
+4,768
| +44% | +$232K |
|
6233
Invesco Active US Real Estate Fund
PSR
$60.1M
| $775K | ﹤0.01% |
8,094
+3,765
| +87% | +$351K |
|
|
REV
6234
DELISTED
Revlon, Inc.
REV
| $775K | ﹤0.01% |
32,976
-44,029
| -57% | -$831K |
|
|
CY
6235
DELISTED
Cypress Semiconductor
CY
| $775K | ﹤0.01% |
33,195
-296,757
| -90% | -$6.79M |
|
6236
CALL
Harmony Gold Mining
HMY
$12.1B
| $774K | ﹤0.01% |
272,500
+218,600
| +406% | +$640K |
|
6237
Invesco S&P MidCap Quality ETF
XMHQ
$5.68B
| $774K | ﹤0.01% |
15,527
+9,662
| +165% | +$482K |
|
6238
PUT
Fresenius Medical Care
FMS
$12.7B
| $773K | ﹤0.01% |
+23,000
| New | +$815K |
|
6239
CALL
Vera Bradley
VRA
$93M
| $773K | ﹤0.01% |
76,500
-174,400
| -70% | -$1.84M |
|
|
ABB
6240
PUT
DELISTED
ABB Ltd
ABB
| $773K | ﹤0.01% |
39,300
+11,700
| +42% | +$223K |
|
|
BBT
6241
Beacon Financial Corp
BBT
$2.69B
| $772K | ﹤0.01% |
26,347
-3,957
| -13% | -$120K |
|
6242
Ecolab
ECL
$77.4B
| $772K | ﹤0.01% |
3,899
-28,576
| -88% | -$5.73M |
|
|
FOLD
6243
CALL
DELISTED
Amicus Therapeutics
FOLD
| $772K | ﹤0.01% |
96,300
-36,100
| -27% | -$392K |
|
6244
CALL
iShares International Select Dividend ETF
IDV
$8.59B
| $772K | ﹤0.01% |
25,100
+12,400
| +98% | +$374K |
|
6245
Dycom Industries
DY
$12.6B
| $771K | ﹤0.01% |
15,105
-27,140
| -64% | -$1.37M |
|
6246
PUT
Halozyme
HALO
$11.2B
| $771K | ﹤0.01% |
49,700
+5,100
| +11% | +$84K |
|
6247
CALL
Houlihan Lokey
HLI
$8.99B
| $771K | ﹤0.01% |
+17,100
| New | +$757K |
|
6248
Alpha Architect US Quantitative Value ETF
QVAL
$616M
| $771K | ﹤0.01% |
27,687
-9,377
| -25% | -$258K |
|
6249
PUT
Ardelyx
ARDX
$1.05B
| $770K | ﹤0.01% |
163,800
+145,200
| +781% | +$504K |
|
|
CADE
6250
CALL
DELISTED
Cadence Bank
CADE
| $770K | ﹤0.01% |
26,000
+3,100
| +14% | +$88.5K |
|
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.