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 | |
|---|---|---|---|---|---|---|
701
Humana
HUM
$46.2B
| $52.8M | 0.02% |
206,417
+15,745
| +8% | +$4.41M |
|
|
MRTX
702
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $52.6M | 0.02% |
675,200
+263,700
| +64% | +$24.7M |
|
703
PUT
Credit Acceptance
CACC
$6.08B
| $52.6M | 0.02% |
114,000
+4,700
| +4% | +$2.22M |
|
704
Skyworks Solutions
SWKS
$10.6B
| $52.6M | 0.02% |
663,189
-43,768
| -6% | -$3.49M |
|
705
PUT
iShares MSCI Japan ETF
EWJ
$22.8B
| $52.4M | 0.02% |
923,300
+486,600
| +111% | +$26.7M |
|
706
CALL
Marriott International
MAR
$92.3B
| $52.3M | 0.02% |
420,700
-28,400
| -6% | -$3.77M |
|
707
CALL
United States Natural Gas Fund
UNG
$478M
| $52.2M | 0.02% |
655,150
+144,550
| +28% | +$11.6M |
|
708
lululemon athletica
LULU
$14.6B
| $52M | 0.02% |
269,871
+240,455
| +817% | +$44.9M |
|
|
TIF
709
CALL
DELISTED
Tiffany & Co.
TIF
| $52M | 0.02% |
560,900
+191,600
| +52% | +$17.3M |
|
710
CALL
Etsy
ETSY
$7.85B
| $51.9M | 0.02% |
919,100
+652,200
| +244% | +$38.4M |
|
|
GRUB
711
PUT
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $51.8M | 0.02% |
460,950
+63,850
| +16% | +$8.48M |
|
712
PUT
Royal Caribbean
RCL
$85.6B
| $51.8M | 0.02% |
478,000
+159,300
| +50% | +$17.5M |
|
|
GWPH
713
PUT
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $51.8M | 0.02% |
450,000
+111,400
| +33% | +$16.9M |
|
|
AMRN
714
CALL
Amarin Corp
AMRN
$303M
| $51.8M | 0.02% |
170,720
+43,460
| +34% | +$15.2M |
|
715
PUT
Edwards Lifesciences
EW
$51.7B
| $51.6M | 0.02% |
703,500
+121,500
| +21% | +$8.53M |
|
716
CALL
TSMC
TSM
$2.18T
| $51.4M | 0.02% |
1,106,900
+145,000
| +15% | +$6.18M |
|
717
CALL
Aflac
AFL
$62.6B
| $51.4M | 0.02% |
983,300
-279,300
| -22% | -$14.7M |
|
718
CALL
Paychex
PAYX
$42.7B
| $51.4M | 0.02% |
620,700
+57,600
| +10% | +$4.79M |
|
719
PUT
Progressive
PGR
$125B
| $51.3M | 0.02% |
664,300
+466,900
| +237% | +$36.7M |
|
720
CALL
HSBC
HSBC
$356B
| $51.1M | 0.02% |
1,334,200
+908,300
| +213% | +$35.2M |
|
721
PUT
Zoetis
ZTS
$30B
| $51M | 0.02% |
409,200
+118,000
| +41% | +$14.2M |
|
|
DISH
722
CALL
DELISTED
DISH Network Corp.
DISH
| $50.9M | 0.02% |
1,492,500
-630,000
| -30% | -$22.6M |
|
723
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$305M
| $50.7M | 0.02% |
2,083,300
+363,200
| +21% | +$9.56M |
|
|
STMP
724
CALL
DELISTED
Stamps.com, Inc.
STMP
| $50.4M | 0.02% |
677,200
+385,700
| +132% | +$22.6M |
|
725
CALL
C.H. Robinson
CHRW
$17.5B
| $50.4M | 0.02% |
594,400
-22,500
| -4% | -$1.89M |
|
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.