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 | |
|---|---|---|---|---|---|---|
8226
NiSource
NI
$20.4B
| $305K | ﹤0.01% |
10,192
-49,404
| -83% | -$1.45M |
|
8227
Quanex
NX
$961M
| $305K | ﹤0.01% |
16,897
-5,982
| -26% | -$107K |
|
8228
PUT
LiveRamp
RAMP
$2.3B
| $305K | ﹤0.01% |
7,100
-14,600
| -67% | -$679K |
|
8229
1st Source
SRCE
$2.14B
| $305K | ﹤0.01% |
6,661
+1,752
| +36% | +$79.5K |
|
8230
V2X
VVX
$2.6B
| $305K | ﹤0.01% |
7,506
-2,207
| -23% | -$90.8K |
|
|
FRGI
8231
DELISTED
Fiesta Restaurant Group, Inc.
FRGI
| $305K | ﹤0.01% |
29,310
+18,769
| +178% | +$196K |
|
8232
CALL
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.08B
| $304K | ﹤0.01% |
3,800
+400
| +12% | +$31.5K |
|
8233
NRC Health Common Stock
NRC
$463M
| $304K | ﹤0.01% |
5,262
+941
| +22% | +$58.3K |
|
8234
PUT
Oppenheimer Holdings
OPY
$1.24B
| $304K | ﹤0.01% |
10,100
-6,400
| -39% | -$184K |
|
8235
CALL
Preferred Bank
PFBC
$1.28B
| $304K | ﹤0.01% |
+5,800
| New | +$295K |
|
8236
Shutterstock
SSTK
$208M
| $304K | ﹤0.01% |
8,411
+1,621
| +24% | +$59.5K |
|
8237
TechTarget
TTGT
$277M
| $304K | ﹤0.01% |
+13,500
| New | +$310K |
|
8238
PUT
CVR Partners
UAN
$1.29B
| $304K | ﹤0.01% |
7,830
-6,500
| -45% | -$241K |
|
|
GTS
8239
CALL
DELISTED
Triple-S Management Corporation
GTS
| $304K | ﹤0.01% |
+22,700
| New | +$485K |
|
8240
PUT
Park National Corp
PRK
$3.75B
| $303K | ﹤0.01% |
+3,200
| New | +$302K |
|
8241
TTEC Holdings
TTEC
$78.9M
| $303K | ﹤0.01% |
6,330
-3,323
| -34% | -$156K |
|
8242
Voyager Therapeutics
VYGR
$198M
| $303K | ﹤0.01% |
17,600
-8,597
| -33% | -$180K |
|
|
ITCI
8243
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $303K | ﹤0.01% |
40,539
+20,805
| +105% | +$199K |
|
|
COWN
8244
PUT
DELISTED
Cowen Inc. Class A Common Stock
COWN
| $303K | ﹤0.01% |
19,700
+700
| +4% | +$11.4K |
|
8245
PUT
Alkermes
ALKS
$8.26B
| $302K | ﹤0.01% |
15,500
-17,600
| -53% | -$383K |
|
8246
PUT
iShares US Healthcare ETF
IYH
$3.75B
| $302K | ﹤0.01% |
+8,000
| New | +$308K |
|
8247
PUT
Sally Beauty Holdings
SBH
$1.52B
| $302K | ﹤0.01% |
20,300
-106,000
| -84% | -$1.39M |
|
8248
Travel + Leisure Co
TNL
$4.62B
| $302K | ﹤0.01% |
6,558
-11,990
| -65% | -$535K |
|
|
FIHD
8249
DELISTED
UBS AG FI Enhanced Global High Yield ETN
FIHD
| $302K | ﹤0.01% |
+1,650
| New | +$292K |
|
|
AUD
8250
PUT
DELISTED
Audacy, Inc.
AUD
| $302K | ﹤0.01% |
90,400
-38,800
| -30% | -$174K |
|
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.