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 | |
|---|---|---|---|---|---|---|
|
SKX
1151
PUT
DELISTED
Skechers
SKX
| $25.3M | 0.01% |
677,400
-122,300
| -15% | -$4.2M |
|
1152
Berkshire Hathaway Class A
BRK.A
$1.14T
| $25.3M | 0.01% |
81
+16
| +25% | +$4.95M |
|
|
BPL
1153
DELISTED
Buckeye Partners, L.P.
BPL
| $25.2M | 0.01% |
614,482
+462,474
| +304% | +$19.1M |
|
1154
Micron Technology
MU
$973B
| $25.1M | 0.01% |
586,908
-2,706,084
| -82% | -$122M |
|
1155
CALL
Analog Devices
ADI
$187B
| $25.1M | 0.01% |
224,500
+9,100
| +4% | +$1.03M |
|
1156
CALL
Ross Stores
ROST
$81.8B
| $25M | 0.01% |
227,800
-31,300
| -12% | -$3.3M |
|
1157
CALL
Qorvo
QRVO
$8.56B
| $25M | 0.01% |
337,300
+118,900
| +54% | +$8.64M |
|
1158
CALL
Equity Residential
EQR
$24.7B
| $25M | 0.01% |
289,800
+275,600
| +1,941% | +$22.5M |
|
|
KL
1159
PUT
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $25M | 0.01% |
557,600
-42,800
| -7% | -$1.95M |
|
1160
PUT
NIO
NIO
$12.1B
| $25M | 0.01% |
16,005,700
+9,688,200
| +153% | +$29.6M |
|
1161
CALL
Energy Transfer Partners
ET
$70.9B
| $24.9M | 0.01% |
1,903,100
-202,200
| -10% | -$2.82M |
|
1162
PUT
Eaton
ETN
$173B
| $24.9M | 0.01% |
299,100
+123,900
| +71% | +$10M |
|
1163
PUT
JB Hunt Transport Services
JBHT
$25B
| $24.7M | 0.01% |
223,600
+16,800
| +8% | +$1.73M |
|
1164
CALL
Lear
LEA
$8.04B
| $24.7M | 0.01% |
209,700
+25,200
| +14% | +$3.06M |
|
1165
BlackBerry
BB
$5.18B
| $24.7M | 0.01% |
4,698,388
+316,198
| +7% | +$2.22M |
|
1166
PUT
CF Industries
CF
$18.4B
| $24.7M | 0.01% |
501,300
+12,900
| +3% | +$625K |
|
1167
CALL
Akamai
AKAM
$16.9B
| $24.6M | 0.01% |
269,700
+84,400
| +46% | +$7.33M |
|
1168
PUT
Incyte
INCY
$24.6B
| $24.6M | 0.01% |
332,000
+53,700
| +19% | +$4.34M |
|
1169
PUT
The Mosaic Company
MOS
$7.46B
| $24.6M | 0.01% |
1,201,900
+517,500
| +76% | +$11.3M |
|
1170
CrowdStrike
CRWD
$229B
| $24.6M | 0.01% |
1,687,304
+1,087,512
| +181% | +$21.6M |
|
1171
PUT
Alaska Air
ALK
$5.28B
| $24.6M | 0.01% |
378,800
+1,300
| +0.3% | +$81.9K |
|
|
BZUN
1172
PUT
Baozun
BZUN
$169M
| $24.5M | 0.01% |
574,100
-25,900
| -4% | -$1.23M |
|
1173
JPMorgan Chase
JPM
$956B
| $24.5M | 0.01% |
208,246
-266,708
| -56% | -$30.2M |
|
1174
CALL
Yelp
YELP
$1.35B
| $24.5M | 0.01% |
705,300
+106,900
| +18% | +$3.7M |
|
1175
PUT
Yum! Brands
YUM
$39.7B
| $24.5M | 0.01% |
216,000
+53,600
| +33% | +$6.13M |
|
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.