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 | |
|---|---|---|---|---|---|---|
126
CALL
Johnson & Johnson
JNJ
$625B
| $389M | 0.13% |
3,010,000
+70,100
| +2% | +$9.24M |
|
127
PUT
AbbVie
ABBV
$435B
| $389M | 0.13% |
5,135,800
+1,345,500
| +35% | +$92.2M |
|
128
PUT
Ulta Beauty
ULTA
$24.3B
| $387M | 0.13% |
1,544,300
+1,187,700
| +333% | +$364M |
|
129
PUT
VanEck Semiconductor ETF
SMH
$73.2B
| $379M | 0.13% |
6,356,200
-4,774,400
| -43% | -$276M |
|
130
CALL
Verizon
VZ
$196B
| $372M | 0.12% |
6,113,500
-1,508,300
| -20% | -$86.9M |
|
131
CALL
Goldman Sachs
GS
$303B
| $369M | 0.12% |
1,779,400
+397,400
| +29% | +$83.1M |
|
132
PUT
State Street Energy Select Sector SPDR ETF
XLE
$37.7B
| $362M | 0.12% |
12,237,800
+7,208,800
| +143% | +$218M |
|
133
Mastercard
MA
$493B
| $360M | 0.12% |
1,325,017
+426,003
| +47% | +$117M |
|
134
CALL
Cisco
CSCO
$479B
| $356M | 0.12% |
7,195,200
-108,900
| -1% | -$5.66M |
|
135
PUT
Walmart Inc
WMT
$890B
| $354M | 0.12% |
8,957,100
-415,500
| -4% | -$15.7M |
|
136
PUT
Lam Research
LRCX
$390B
| $354M | 0.12% |
15,327,000
+1,930,000
| +14% | +$40.5M |
|
|
137
CALL
AbbVie
ABBV
$435B
| $354M | 0.12% |
4,677,600
+1,126,000
| +32% | +$77.2M |
|
138
CALL
NXP Semiconductors
NXPI
$60.4B
| $354M | 0.12% |
3,242,800
+291,200
| +10% | +$29.7M |
|
139
CALL
Qualcomm
QCOM
$176B
| $347M | 0.12% |
4,554,300
-7,085,200
| -61% | -$533M |
|
140
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $347M | 0.12% |
3,980,500
+564,600
| +17% | +$49M |
|
141
Advanced Micro Devices
AMD
$789B
| $346M | 0.12% |
11,937,716
+897,130
| +8% | +$28.1M |
|
|
142
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$16.6B
| $346M | 0.12% |
3,964,500
+2,594,500
| +189% | +$225M |
|
143
CALL
IBM
IBM
$224B
| $345M | 0.12% |
2,480,066
-1,582,284
| -39% | -$213M |
|
144
PUT
FedEx
FDX
$75.4B
| $343M | 0.12% |
2,358,800
+435,800
| +23% | +$70.3M |
|
145
CALL
Comcast
CMCSA
$90B
| $343M | 0.11% |
7,603,800
+490,300
| +7% | +$21.7M |
|
146
PUT
CVS Health
CVS
$122B
| $341M | 0.11% |
5,400,900
-2,926,100
| -35% | -$173M |
|
|
XYZ
147
CALL
Block Inc
XYZ
$47.5B
| $340M | 0.11% |
5,495,700
+669,700
| +14% | +$45.5M |
|
148
CALL
Micron Technology
MU
$991B
| $336M | 0.11% |
7,838,500
+275,000
| +4% | +$12.4M |
|
149
CALL
iShares MSCI Brazil ETF
EWZ
$8.95B
| $333M | 0.11% |
7,900,900
-3,817,800
| -33% | -$165M |
|
150
CALL
PayPal
PYPL
$50.5B
| $332M | 0.11% |
3,207,900
-71,500
| -2% | -$7.88M |
|
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.