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 | |
|---|---|---|---|---|---|---|
826
PUT
Sea Limited
SE
$69.5B
| $42.6M | 0.01% |
1,375,800
+665,500
| +94% | +$22.3M |
|
827
Teva Pharmaceuticals
TEVA
$41.2B
| $42.5M | 0.01% |
6,173,845
+1,306,927
| +27% | +$10M |
|
|
PARA
828
CALL
DELISTED
Paramount Global Class B
PARA
| $42.5M | 0.01% |
1,051,700
+199,800
| +23% | +$9.35M |
|
829
CALL
Diageo
DEO
$53.6B
| $42.4M | 0.01% |
259,100
+141,700
| +121% | +$23.7M |
|
830
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $42.4M | 0.01% |
373,700
+52,700
| +16% | +$5.99M |
|
|
PARA
831
PUT
DELISTED
Paramount Global Class B
PARA
| $42.2M | 0.01% |
1,044,200
+292,600
| +39% | +$13.7M |
|
832
Sarepta Therapeutics
SRPT
$1.77B
| $42.1M | 0.01% |
558,639
+200,313
| +56% | +$23.7M |
|
|
ALXN
833
DELISTED
Alexion Pharmaceuticals
ALXN
| $42M | 0.01% |
429,035
+288,849
| +206% | +$32.6M |
|
|
JWN
834
PUT
DELISTED
Nordstrom
JWN
| $42M | 0.01% |
1,247,200
+520,800
| +72% | +$15.9M |
|
835
Intel
INTC
$513B
| $41.9M | 0.01% |
813,060
-414,148
| -34% | -$20.4M |
|
836
CALL
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$118M
| $41.8M | 0.01% |
6,394
+2,115
| +49% | +$14.8M |
|
837
CALL
Royal Caribbean
RCL
$85.6B
| $41.7M | 0.01% |
384,600
+53,800
| +16% | +$5.92M |
|
838
PUT
BioMarin Pharmaceuticals
BMRN
$12.4B
| $41.5M | 0.01% |
616,200
-17,600
| -3% | -$1.36M |
|
839
CALL
Royal Bank of Canada
RY
$293B
| $41.5M | 0.01% |
510,800
-57,700
| -10% | -$4.5M |
|
840
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$23.9B
| $41.4M | 0.01% |
3,648,000
-88,500
| -2% | -$965K |
|
841
CALL
Becton Dickinson
BDX
$48.2B
| $41.1M | 0.01% |
166,665
+19,577
| +13% | +$4.83M |
|
|
CGC
842
Canopy Growth
CGC
$410M
| $41.1M | 0.01% |
179,373
+133,081
| +287% | +$40.7M |
|
843
PUT
RingCentral
RNG
$5.28B
| $41M | 0.01% |
326,300
+150,500
| +86% | +$19.7M |
|
|
MIC
844
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $41M | 0.01% |
1,038,000
-110,300
| -10% | -$4.36M |
|
845
CALL
Cheniere Energy
LNG
$52.9B
| $40.9M | 0.01% |
649,000
-283,100
| -30% | -$18.1M |
|
846
Intuitive Surgical
ISRG
$134B
| $40.8M | 0.01% |
226,749
-79,734
| -26% | -$13.8M |
|
847
PUT
D.R. Horton
DHI
$42.3B
| $40.8M | 0.01% |
774,100
+124,400
| +19% | +$5.94M |
|
848
PUT
United Parks & Resorts
PRKS
$2.12B
| $40.7M | 0.01% |
1,547,600
+64,600
| +4% | +$1.97M |
|
849
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.6B
| $40.7M | 0.01% |
1,501,082
-436,068
| -23% | -$12M |
|
|
ALXN
850
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $40.6M | 0.01% |
414,700
-51,300
| -11% | -$5.78M |
|
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.