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 | |
|---|---|---|---|---|---|---|
8576
CALL
Enova International
ENVA
$6.52B
| $259K | ﹤0.01% |
+12,500
| New | +$295K |
|
|
HI
8577
PUT
DELISTED
Hillenbrand
HI
| $259K | ﹤0.01% |
8,400
+900
| +12% | +$28.5K |
|
8578
Independent Bank Corp
IBCP
$854M
| $259K | ﹤0.01% |
+12,152
| New | +$253K |
|
8579
Liberty Energy
LBRT
$3.52B
| $259K | ﹤0.01% |
23,952
+436
| +2% | +$5.35K |
|
8580
Manitowoc
MTW
$727M
| $259K | ﹤0.01% |
20,742
+7,017
| +51% | +$106K |
|
8581
Phibro Animal Health
PAHC
$1.38B
| $259K | ﹤0.01% |
12,147
+1,322
| +12% | +$36.2K |
|
8582
PUT
VOC Energy
VOC
$55.8M
| $259K | ﹤0.01% |
48,900
-68,800
| -58% | -$363K |
|
8583
X4 Pharmaceuticals
XFOR
$425M
| $259K | ﹤0.01% |
680
+284
| +72% | +$112K |
|
8584
Baxter International
BAX
$14B
| $258K | ﹤0.01% |
2,945
-51,739
| -95% | -$4.42M |
|
8585
CALL
Choice Hotels
CHH
$4.71B
| $258K | ﹤0.01% |
2,900
+200
| +7% | +$17.8K |
|
8586
First Mid Bancshares
FMBH
$1.38B
| $258K | ﹤0.01% |
+7,446
| New | +$248K |
|
8587
CALL
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
| $258K | ﹤0.01% |
+2,500
| New | +$256K |
|
8588
CALL
OneSpan
OSPN
$609M
| $258K | ﹤0.01% |
17,800
-76,900
| -81% | -$1.11M |
|
|
AZPN
8589
CALL
DELISTED
ASPEN TECHNOLOGY INC
AZPN
| $258K | ﹤0.01% |
2,100
-26,400
| -93% | -$3.24M |
|
8590
PUT
Chunghwa Telecom
CHT
$32.8B
| $257K | ﹤0.01% |
7,200
-4,100
| -36% | -$144K |
|
8591
Highwoods Properties
HIW
$3.51B
| $257K | ﹤0.01% |
+5,715
| New | +$251K |
|
8592
iShares iBonds Dec 2027 Term Muni Bond ETF
IBMP
$658M
| $257K | ﹤0.01% |
+9,868
| New | +$257K |
|
8593
PUT
Navient
NAVI
$867M
| $257K | ﹤0.01% |
20,100
+4,500
| +29% | +$60K |
|
|
PBPB
8594
DELISTED
Potbelly
PBPB
| $257K | ﹤0.01% |
58,837
+15,924
| +37% | +$71.6K |
|
8595
CALL
Ultragenyx Pharmaceutical
RARE
$2.6B
| $257K | ﹤0.01% |
6,000
-123,200
| -95% | -$6.69M |
|
8596
Q32 Bio
QTTB
$458M
| $257K | ﹤0.01% |
788
-257
| -25% | -$87.4K |
|
|
LTM
8597
DELISTED
LATAM Airlines Group S.A American Depositary Shares (Each representing 1 Common Share)
LTM
| $257K | ﹤0.01% |
+23,184
| New | +$213K |
|
8598
Amalgamated Financial
AMAL
$1.53B
| $256K | ﹤0.01% |
+15,980
| New | +$261K |
|
8599
America's Car Mart
CRMT
$26.2M
| $256K | ﹤0.01% |
2,797
-7,632
| -73% | -$676K |
|
8600
CALL
Park National Corp
PRK
$3.75B
| $256K | ﹤0.01% |
+2,700
| New | +$255K |
|
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.