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 | |
|---|---|---|---|---|---|---|
851
PUT
Ionis Pharmaceuticals
IONS
$9.4B
| $40.6M | 0.01% |
677,800
+242,400
| +56% | +$15.8M |
|
852
CALL
Weibo
WB
$1.95B
| $40.5M | 0.01% |
906,000
+146,800
| +19% | +$6.22M |
|
853
PUT
MetLife
MET
$62.1B
| $40.4M | 0.01% |
856,100
+132,300
| +18% | +$6.31M |
|
854
PUT
Stanley Black & Decker
SWK
$15.7B
| $40.3M | 0.01% |
279,100
+44,200
| +19% | +$6.24M |
|
855
CALL
Wolfspeed
WOLF
$1.71B
| $40.2M | 0.01% |
821,100
+145,500
| +22% | +$7.91M |
|
856
PUT
Apollo Global Management
APO
$73.4B
| $39.9M | 0.01% |
1,054,000
+601,000
| +133% | +$21.9M |
|
857
PUT
Sony
SONY
$138B
| $39.8M | 0.01% |
3,369,000
+2,447,000
| +265% | +$27.6M |
|
|
DOCU
858
PUT
DocuSign
DOCU
$11.5B
| $39.7M | 0.01% |
640,600
+239,700
| +60% | +$12.6M |
|
859
CALL
Capital One
COF
$134B
| $39.7M | 0.01% |
435,900
-239,000
| -35% | -$21.5M |
|
860
CALL
PG&E
PCG
$38.5B
| $39.6M | 0.01% |
3,963,300
+790,300
| +25% | +$12M |
|
861
CALL
Air Products & Chemicals
APD
$67.6B
| $39.6M | 0.01% |
178,600
-6,700
| -4% | -$1.51M |
|
862
CALL
Vale
VALE
$62.6B
| $39.6M | 0.01% |
3,441,600
+845,900
| +33% | +$10.3M |
|
863
Bread Financial
BFH
$4.38B
| $39.6M | 0.01% |
+386,797
| New | +$43.6M |
|
864
CALL
HCA Healthcare
HCA
$89.5B
| $39.5M | 0.01% |
328,300
-11,000
| -3% | -$1.42M |
|
|
865
PUT
PG&E
PCG
$38.5B
| $39.5M | 0.01% |
3,947,500
+1,914,200
| +94% | +$29M |
|
866
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.55B
| $39.5M | 0.01% |
1,045,900
+217,100
| +26% | +$8.1M |
|
867
PUT
Analog Devices
ADI
$190B
| $39.5M | 0.01% |
353,200
+202,900
| +135% | +$23M |
|
868
PUT
Corpay
CPAY
$25.7B
| $39.4M | 0.01% |
137,400
-30,500
| -18% | -$8.86M |
|
869
CALL
Dick's Sporting Goods
DKS
$18.7B
| $39.4M | 0.01% |
964,900
+265,300
| +38% | +$9.56M |
|
|
870
PUT
Weibo
WB
$1.95B
| $39.3M | 0.01% |
878,200
-12,700
| -1% | -$538K |
|
871
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $39.2M | 0.01% |
420,900
+41,200
| +11% | +$3.74M |
|
872
Zscaler
ZS
$27.3B
| $39.2M | 0.01% |
828,573
+776,571
| +1,493% | +$55.9M |
|
873
PUT
DexCom
DXCM
$32B
| $39.1M | 0.01% |
1,047,200
+536,000
| +105% | +$20.8M |
|
|
RDS.B
874
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $39M | 0.01% |
651,100
-74,100
| -10% | -$4.42M |
|
875
CALL
Motorola Solutions
MSI
$77.4B
| $38.9M | 0.01% |
228,500
+55,900
| +32% | +$9.6M |
|
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.