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 | |
|---|---|---|---|---|---|---|
1376
PUT
IPG Photonics
IPGP
$3.61B
| $18.6M | 0.01% |
137,200
+44,800
| +48% | +$5.93M |
|
1377
Etsy
ETSY
$7.38B
| $18.6M | 0.01% |
329,064
+261,262
| +385% | +$15.4M |
|
1378
PUT
Transocean
RIG
$6.33B
| $18.6M | 0.01% |
4,155,000
-202,300
| -5% | -$1.07M |
|
1379
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $18.5M | 0.01% |
776,732
+367,035
| +90% | +$8.82M |
|
1380
CALL
Bank of Montreal
BMO
$127B
| $18.5M | 0.01% |
250,500
+163,000
| +186% | +$11.9M |
|
|
ECOL
1381
PUT
DELISTED
US Ecology, Inc.
ECOL
| $18.4M | 0.01% |
288,400
+283,300
| +5,555% | +$17.5M |
|
1382
CALL
Albemarle
ALB
$15.5B
| $18.4M | 0.01% |
265,000
+138,100
| +109% | +$9.41M |
|
1383
SiriusXM
SIRI
$9.7B
| $18.4M | 0.01% |
293,781
-54,014
| -16% | -$3.32M |
|
|
KL
1384
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $18.4M | 0.01% |
410,060
-195,915
| -32% | -$8.94M |
|
1385
PUT
iShares US Aerospace & Defense ETF
ITA
$15B
| $18.4M | 0.01% |
163,400
+76,600
| +88% | +$8.37M |
|
1386
CALL
Williams-Sonoma
WSM
$29.5B
| $18.4M | 0.01% |
540,000
-159,200
| -23% | -$5.27M |
|
1387
CALL
Ubiquiti
UI
$34.5B
| $18.3M | 0.01% |
155,100
+23,100
| +18% | +$2.79M |
|
1388
W.P. Carey
WPC
$16.1B
| $18.3M | 0.01% |
208,766
+38,591
| +23% | +$3.29M |
|
1389
Chipotle Mexican Grill
CMG
$40.7B
| $18.3M | 0.01% |
1,088,150
-4,950
| -0.5% | -$78.9K |
|
1390
PUT
Diodes
DIOD
$4.65B
| $18.3M | 0.01% |
454,900
+337,600
| +288% | +$13.1M |
|
|
TRTN
1391
CALL
DELISTED
Triton International Limited
TRTN
| $18.3M | 0.01% |
539,600
+46,500
| +9% | +$1.52M |
|
1392
Bath & Body Works
BBWI
$3.89B
| $18.3M | 0.01% |
1,152,825
+121,356
| +12% | +$2.14M |
|
1393
CALL
Canadian Natural Resources
CNQ
$97.4B
| $18.2M | 0.01% |
1,398,770
+325,495
| +30% | +$4.03M |
|
1394
PUT
Ares Capital
ARCC
$14.3B
| $18.2M | 0.01% |
977,700
-196,000
| -17% | -$3.63M |
|
1395
PUT
Ciena
CIEN
$54.9B
| $18.2M | 0.01% |
464,400
+44,900
| +11% | +$1.88M |
|
1396
CALL
Incyte
INCY
$24.6B
| $18.2M | 0.01% |
245,400
-37,900
| -13% | -$3.06M |
|
1397
American Tower
AMT
$78.8B
| $18.2M | 0.01% |
82,208
-7,566
| -8% | -$1.65M |
|
|
CMA
1398
PUT
DELISTED
Comerica
CMA
| $18.1M | 0.01% |
274,800
+24,400
| +10% | +$1.62M |
|
1399
CALL
Credit Acceptance
CACC
$6.03B
| $18.1M | 0.01% |
39,300
-9,700
| -20% | -$4.58M |
|
1400
CALL
VeriSign
VRSN
$26.5B
| $18.1M | 0.01% |
96,000
+22,600
| +31% | +$4.65M |
|
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.