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 | |
|---|---|---|---|---|---|---|
|
MOMO
1401
CALL
Hello Group
MOMO
$870M
| $18.1M | 0.01% |
583,900
+62,500
| +12% | +$2.12M |
|
1402
CALL
iShares US Aerospace & Defense ETF
ITA
$15B
| $18.1M | 0.01% |
161,000
+15,000
| +10% | +$1.64M |
|
1403
PUT
iShares Core S&P Mid-Cap ETF
IJH
$127B
| $18M | 0.01% |
466,000
+364,000
| +357% | +$14M |
|
1404
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$105M
| $17.9M | 0.01% |
2,741
-153
| -5% | -$1.07M |
|
1405
PUT
W.P. Carey
WPC
$16.1B
| $17.9M | 0.01% |
204,404
+178,777
| +698% | +$15.2M |
|
1406
CALL
HF Sinclair
DINO
$15.2B
| $17.9M | 0.01% |
333,900
+107,600
| +48% | +$5.22M |
|
|
VIAB
1407
PUT
DELISTED
Viacom Inc. Class B
VIAB
| $17.9M | 0.01% |
744,700
-225,600
| -23% | -$6.3M |
|
1408
Annaly Capital Management
NLY
$17.3B
| $17.9M | 0.01% |
507,850
+91,446
| +22% | +$3.3M |
|
1409
CALL
LendingTree
TREE
$453M
| $17.9M | 0.01% |
57,500
+24,400
| +74% | +$8.32M |
|
1410
Williams Companies
WMB
$87.9B
| $17.8M | 0.01% |
741,271
+490,952
| +196% | +$12.4M |
|
|
DFS
1411
PUT
DELISTED
Discover Financial Services
DFS
| $17.8M | 0.01% |
219,700
-103,500
| -32% | -$8.55M |
|
|
CEO
1412
PUT
DELISTED
CNOOC Limited
CEO
| $17.8M | 0.01% |
117,000
+27,000
| +30% | +$4.25M |
|
1413
PUT
Global Payments
GPN
$22.8B
| $17.8M | 0.01% |
112,000
+92,800
| +483% | +$15.1M |
|
|
KL
1414
CALL
DELISTED
Kirkland Lake Gold Ltd Ordinary
KL
| $17.8M | 0.01% |
397,500
+180,500
| +83% | +$8.24M |
|
1415
Estee Lauder
EL
$31.5B
| $17.8M | 0.01% |
89,396
+87,649
| +5,017% | +$16.8M |
|
1416
PUT
Vanguard Morningstar Growth ETF
VUG
$230B
| $17.8M | 0.01% |
640,800
+583,800
| +1,024% | +$16.2M |
|
1417
CALL
PPG Industries
PPG
$25.7B
| $17.7M | 0.01% |
149,100
-115,800
| -44% | -$13.3M |
|
1418
PUT
Papa John's
PZZA
$785M
| $17.7M | 0.01% |
337,500
-201,700
| -37% | -$9.5M |
|
1419
CALL
New Oriental
EDU
$9.24B
| $17.7M | 0.01% |
159,400
+50,700
| +47% | +$5.31M |
|
1420
PUT
Grand Canyon Education
LOPE
$3.82B
| $17.6M | 0.01% |
179,500
+110,500
| +160% | +$13.2M |
|
1421
PUT
West Pharmaceutical
WST
$24.8B
| $17.6M | 0.01% |
124,200
+46,000
| +59% | +$6.33M |
|
1422
PUT
Cirrus Logic
CRUS
$6.11B
| $17.6M | 0.01% |
328,700
+165,900
| +102% | +$8.47M |
|
1423
Ascendis Pharma A/S
ASND
$16.8B
| $17.6M | 0.01% |
182,723
+108,876
| +147% | +$12.1M |
|
1424
Levi Strauss
LEVI
$9.09B
| $17.6M | 0.01% |
924,081
+885,964
| +2,324% | +$16.4M |
|
1425
PUT
Steel Dynamics
STLD
$38.5B
| $17.6M | 0.01% |
590,300
+250,500
| +74% | +$7.4M |
|
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.