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 | |
|---|---|---|---|---|---|---|
9451
GSI Technology
GSIT
$260M
| $113K | ﹤0.01% |
12,925
-5,151
| -28% | -$43.3K |
|
|
NTRP
9452
CALL
DELISTED
Neurotrope, Inc. Common
NTRP
| $113K | ﹤0.01% |
140,000
+99,300
| +244% | +$455K |
|
|
INWK
9453
DELISTED
InnerWorkings, Inc.
INWK
| $113K | ﹤0.01% |
25,472
-14,424
| -36% | -$57.5K |
|
|
GTYH
9454
DELISTED
GTY Technology Holdings, Inc. Common Stock
GTYH
| $113K | ﹤0.01% |
17,995
-34,938
| -66% | -$226K |
|
9455
CALL
Barings BDC
BBDC
$987M
| $112K | ﹤0.01% |
11,000
-25,500
| -70% | -$253K |
|
|
PBPB
9456
PUT
DELISTED
Potbelly
PBPB
| $112K | ﹤0.01% |
25,600
+7,300
| +40% | +$32.8K |
|
|
PBT
9457
Permian Basin Royalty Trust
PBT
$1.56B
| $112K | ﹤0.01% |
+21,644
| New | +$112K |
|
9458
PUT
Expro Ltd
XPRO
$2.1B
| $112K | ﹤0.01% |
3,917
-3,950
| -50% | -$120K |
|
|
NAGE
9459
Niagen Bioscience
NAGE
$241M
| $112K | ﹤0.01% |
28,470
+6,199
| +28% | +$26.4K |
|
|
ENZ
9460
DELISTED
Enzo Biochem, Inc.
ENZ
| $112K | ﹤0.01% |
31,125
-11,913
| -28% | -$42.2K |
|
|
CALA
9461
CALL
DELISTED
Calithera Biosciences, Inc
CALA
| $112K | ﹤0.01% |
1,815
-2,040
| -53% | -$163K |
|
|
AT
9462
DELISTED
Atlantic Power Corporation
AT
| $112K | ﹤0.01% |
47,935
+2,911
| +6% | +$6.99K |
|
|
BGG
9463
PUT
DELISTED
Briggs & Stratton Corp.
BGG
| $112K | ﹤0.01% |
18,500
-43,800
| -70% | -$324K |
|
9464
PUT
ADMA Biologics
ADMA
$2.11B
| $111K | ﹤0.01% |
25,000
+1,800
| +8% | +$7.52K |
|
9465
Lipocine
LPCN
$17M
| $111K | ﹤0.01% |
2,328
+1,019
| +78% | +$40.9K |
|
9466
CALL
Lesaka Technologies
LSAK
$414M
| $111K | ﹤0.01% |
31,100
-1,500
| -5% | -$5.46K |
|
9467
CALL
Minerva Neurosciences
NERV
$187M
| $111K | ﹤0.01% |
1,788
+325
| +22% | +$18.4K |
|
9468
CALL
Sundial Growers
SNDL
$311M
| $111K | ﹤0.01% |
+2,310
| New | +$205K |
|
9469
Mammoth Energy Services
TUSK
$154M
| $111K | ﹤0.01% |
44,692
-26,616
| -37% | -$126K |
|
|
TGH
9470
PUT
DELISTED
Textainer Group Holdings limited
TGH
| $111K | ﹤0.01% |
11,200
-15,300
| -58% | -$141K |
|
|
IDSA
9471
DELISTED
Industrial Services of America
IDSA
| $111K | ﹤0.01% |
99,069
+82,780
| +508% | +$84.9K |
|
9472
KVH Industries
KVHI
$143M
| $110K | ﹤0.01% |
10,341
-1,208
| -10% | -$12K |
|
9473
CALL
Tilly's
TLYS
$122M
| $110K | ﹤0.01% |
11,600
-20,400
| -64% | -$180K |
|
9474
CALL
Ultralife
ULBI
$124M
| $110K | ﹤0.01% |
12,700
-36,300
| -74% | -$311K |
|
|
NPTN
9475
DELISTED
NEOPHOTONICS CORP
NPTN
| $110K | ﹤0.01% |
18,030
-174,841
| -91% | -$983K |
|
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.