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 |
Boeing
BA
|
+$1.33B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$781M |
| 3 |
Tesla
TSLA
|
+$468M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$467M |
| 5 |
Home Depot
HD
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.36B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$860M |
| 3 |
Bank of America
BAC
|
+$413M |
| 4 |
Advanced Micro Devices
AMD
|
+$283M |
| 5 |
Salesforce
CRM
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.15% |
| 2 | Consumer Discretionary | 1.94% |
| 3 | Communication Services | 1.82% |
| 4 | Financials | 1.12% |
| 5 | Healthcare | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
SAGE
951
CALL
DELISTED
Sage Therapeutics
SAGE
| $39.2M | 0.01% |
542,500
+327,900
| +153% | +$40.3M |
|
|
FTCH
952
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $38.8M | 0.01% |
3,744,600
+2,600,800
| +227% | +$23.4M |
|
953
PUT
Novartis
NVS
$297B
| $38.7M | 0.01% |
408,800
-153,800
| -27% | -$13.8M |
|
|
AIG.WS
954
DELISTED
American International Group, Inc.
AIG.WS
| $38.6M | 0.01% |
3,759,092
| – | – |
|
955
CALL
Atlassian
TEAM
$37.8B
| $38.6M | 0.01% |
320,700
-349,700
| -52% | -$42.6M |
|
956
CALL
Royal Caribbean
RCL
$85.6B
| $38.6M | 0.01% |
288,800
-95,800
| -25% | -$11.2M |
|
957
PUT
Fair Isaac
FICO
$22.5B
| $38.6M | 0.01% |
102,900
-98,100
| -49% | -$33M |
|
958
PUT
Keysight
KEYS
$58.3B
| $38.4M | 0.01% |
373,900
+253,100
| +210% | +$25.9M |
|
959
PUT
Etsy
ETSY
$7.85B
| $38.3M | 0.01% |
863,700
+15,000
| +2% | +$715K |
|
960
PUT
KLA
KLAC
$259B
| $38.2M | 0.01% |
2,143,000
-777,000
| -27% | -$13M |
|
|
MLNX
961
CALL
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $38.1M | 0.01% |
325,500
-1,351,500
| -81% | -$154M |
|
962
Paycom
PAYC
$9.69B
| $38.1M | 0.01% |
143,822
+70,323
| +96% | +$16.6M |
|
963
CALL
Carnival Corporation Ltd
CCL
$39.7B
| $38.1M | 0.01% |
748,800
-241,600
| -24% | -$10.8M |
|
|
BZUN
964
PUT
Baozun
BZUN
$172M
| $38M | 0.01% |
1,146,400
+572,300
| +100% | +$22.7M |
|
965
CALL
Expeditors International
EXPD
$23.2B
| $38M | 0.01% |
486,600
+478,900
| +6,219% | +$35.9M |
|
966
PUT
First Solar
FSLR
$26.9B
| $37.9M | 0.01% |
677,000
-452,000
| -40% | -$24.8M |
|
|
X
967
CALL
DELISTED
US Steel
X
| $37.9M | 0.01% |
3,317,600
-436,000
| -12% | -$5.41M |
|
968
CALL
Whirlpool
WHR
$2.82B
| $37.7M | 0.01% |
255,800
-33,700
| -12% | -$5.09M |
|
969
CALL
Ambarella
AMBA
$3.81B
| $37.6M | 0.01% |
621,700
+175,300
| +39% | +$9.71M |
|
|
VMW
970
DELISTED
VMware, Inc
VMW
| $37.6M | 0.01% |
247,532
+185,367
| +298% | +$29.1M |
|
971
PUT
Vertex Pharmaceuticals
VRTX
$126B
| $37.5M | 0.01% |
171,100
-55,200
| -24% | -$11.2M |
|
972
CALL
Lumentum
LITE
$69.3B
| $37.4M | 0.01% |
471,600
+72,000
| +18% | +$4.71M |
|
|
LNW
973
CALL
DELISTED
Light & Wonder
LNW
| $37.3M | 0.01% |
1,393,200
+433,100
| +45% | +$11.2M |
|
974
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.8M
| $37.3M | 0.01% |
290,200
-106,400
| -27% | -$13.3M |
|
975
PUT
Caesars Entertainment
CZR
$6.14B
| $37.1M | 0.01% |
622,100
+367,400
| +144% | +$18.2M |
|
Similar funds
Susquehanna International Group's Q4 2019 Portfolio in Review
As of Q4 2019, Susquehanna International Group held 11,328 positions worth $347B, up 16% from $298B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group deployed $12.7B of net new capital in Q4 2019, opening 1,232 new positions and adding to 3,827 existing holdings. Its largest new stake was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $1.36B trimmed.
- Susquehanna International Group's largest Q4 2019 buy was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
- Susquehanna International Group added most to Boeing in Q4 2019, an estimated $1.33B increase.
- Susquehanna International Group's biggest Q4 2019 reduction was Amazon, cutting an estimated $1.36B.
- Susquehanna International Group fully exited Celgene Corp in Q4 2019, selling an estimated $164M.
- Susquehanna International Group's ten largest holdings make up 26% of its $347B portfolio in Q4 2019.
- Susquehanna International Group opened 1,232 new positions and closed 1,709 in Q4 2019.
- Susquehanna International Group's portfolio value rose 16% quarter-over-quarter to $347B.
Based on Susquehanna International Group's 13F filing for Q4 2019, filed 14 Feb 2020.