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 | |
|---|---|---|---|---|---|---|
|
RLH
9651
DELISTED
Red Lions Hotel Corporation
RLH
| $71K | ﹤0.01% |
10,978
-1,756
| -14% | -$11K |
|
9652
PUT
Calix
CALX
$2.48B
| $70K | ﹤0.01% |
10,900
+700
| +7% | +$4.41K |
|
9653
CALL
KALA BIO
KALA
$17M
| $70K | ﹤0.01% |
+7
| New | +$85.2K |
|
9654
PUT
ReposiTrak
TRAK
$152M
| $69K | ﹤0.01% |
+11,900
| New | +$66.7K |
|
|
ATRS
9655
CALL
DELISTED
Antares Pharma, Inc.
ATRS
| $69K | ﹤0.01% |
20,600
-151,000
| -88% | -$497K |
|
9656
VEON
VEON
$3.89B
| $68K | ﹤0.01% |
+1,140
| New | +$78.2K |
|
|
WPRT
9657
PUT
Westport Fuel Systems
WPRT
$36.1M
| $68K | ﹤0.01% |
2,500
-220
| -8% | -$6.25K |
|
9658
Yunhong Green CTI Ltd
YHGJ
$9.03M
| $68K | ﹤0.01% |
3,418
+484
| +16% | +$12.2K |
|
|
CMRX
9659
DELISTED
Chimerix, Inc.
CMRX
| $68K | ﹤0.01% |
29,013
+7,668
| +36% | +$22.1K |
|
|
TYME
9660
DELISTED
Tyme Technologies, Inc. Common Stock
TYME
| $68K | ﹤0.01% |
57,325
+10,674
| +23% | +$13.5K |
|
9661
BlackRock Income Trust
BKT
$341M
| $67K | ﹤0.01% |
3,670
-3,628
| -50% | -$65.8K |
|
9662
Kinetik
KNTK
$4.13B
| $67K | ﹤0.01% |
2,360
+368
| +18% | +$11K |
|
|
JNCE
9663
DELISTED
Jounce Therapeutics, Inc. Common Stock
JNCE
| $67K | ﹤0.01% |
20,241
+3,917
| +24% | +$15.7K |
|
|
AVDL
9664
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $66K | ﹤0.01% |
+15,900
| New | +$39.8K |
|
|
ACOR
9665
DELISTED
Acorda Therapeutics
ACOR
| $66K | ﹤0.01% |
191
-388
| -67% | -$211K |
|
9666
PUT
Vaalco Energy
EGY
$606M
| $65K | ﹤0.01% |
31,900
+1,200
| +4% | +$2.12K |
|
|
9667
PUT
KALA BIO
KALA
$17M
| $65K | ﹤0.01% |
7
-2
| -22% | -$24.3K |
|
9668
Lineage Cell Therapeutics
LCTX
$281M
| $65K | ﹤0.01% |
66,320
-43,670
| -40% | -$45.2K |
|
|
SUP
9669
DELISTED
Superior Industries International
SUP
| $65K | ﹤0.01% |
22,633
-14,639
| -39% | -$42.7K |
|
9670
Forum Energy Technologies
FET
$931M
| $64K | ﹤0.01% |
2,079
+571
| +38% | +$23.5K |
|
9671
Novavax
NVAX
$1.31B
| $64K | ﹤0.01% |
+12,838
| New | +$70.3K |
|
|
INWK
9672
CALL
DELISTED
InnerWorkings, Inc.
INWK
| $64K | ﹤0.01% |
+14,500
| New | +$57.8K |
|
|
BGFV
9673
DELISTED
Big 5 Sporting Goods
BGFV
| $63K | ﹤0.01% |
+30,227
| New | +$59.8K |
|
9674
PUT
Celldex Therapeutics
CLDX
$3.48B
| $63K | ﹤0.01% |
29,600
+3,800
| +15% | +$8.79K |
|
9675
Dynagas LNG Partners
DLNG
$136M
| $63K | ﹤0.01% |
31,576
-49,629
| -61% | -$68.1K |
|
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.