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 | |
|---|---|---|---|---|---|---|
1651
CALL
PRA Group
PRAA
$714M
| $13.5M | ﹤0.01% |
399,700
+84,600
| +27% | +$2.69M |
|
1652
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.94B
| $13.5M | ﹤0.01% |
+340,516
| New | +$13.4M |
|
1653
Elanco Animal Health
ELAN
$11.1B
| $13.5M | ﹤0.01% |
507,379
+388,843
| +328% | +$11.7M |
|
|
SGI
1654
CALL
Somnigroup International
SGI
$13.6B
| $13.5M | ﹤0.01% |
698,400
-1,584,800
| -69% | -$30.4M |
|
1655
PUT
Harley-Davidson
HOG
$2.72B
| $13.5M | ﹤0.01% |
374,400
+126,300
| +51% | +$4.33M |
|
1656
PUT
Yeti Holdings
YETI
$3.99B
| $13.5M | ﹤0.01% |
480,700
+163,100
| +51% | +$4.95M |
|
1657
Ionis Pharmaceuticals
IONS
$9.46B
| $13.4M | ﹤0.01% |
224,395
+33,279
| +17% | +$2.17M |
|
1658
PUT
National Health Investors
NHI
$3.59B
| $13.4M | ﹤0.01% |
162,900
-35,700
| -18% | -$2.91M |
|
1659
PUT
Canadian Natural Resources
CNQ
$97.4B
| $13.4M | ﹤0.01% |
1,028,760
+301,604
| +41% | +$3.74M |
|
1660
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$637M
| $13.4M | ﹤0.01% |
21,690
+480
| +2% | +$399K |
|
1661
PUT
Medifast
MED
$135M
| $13.4M | ﹤0.01% |
129,200
+37,900
| +42% | +$4.07M |
|
1662
CALL
Cencora
COR
$62B
| $13.4M | ﹤0.01% |
162,500
-103,800
| -39% | -$8.92M |
|
1663
PUT
Air Products & Chemicals
APD
$68.6B
| $13.4M | ﹤0.01% |
60,300
+100
| +0.2% | +$22.5K |
|
1664
PUT
Hilton Worldwide
HLT
$70B
| $13.4M | ﹤0.01% |
143,500
+42,100
| +42% | +$4M |
|
|
CY
1665
CALL
DELISTED
Cypress Semiconductor
CY
| $13.4M | ﹤0.01% |
572,300
-338,900
| -37% | -$7.75M |
|
1666
CALL
Pan American Silver
PAAS
$21.8B
| $13.4M | ﹤0.01% |
851,500
+209,200
| +33% | +$3.39M |
|
1667
CALL
Pultegroup
PHM
$24.8B
| $13.3M | ﹤0.01% |
364,200
-156,800
| -30% | -$5.22M |
|
1668
CALL
Xerox
XRX
$427M
| $13.3M | ﹤0.01% |
444,300
+218,300
| +97% | +$6.84M |
|
1669
CALL
NCR Voyix
VYX
$1.09B
| $13.3M | ﹤0.01% |
685,741
+66,341
| +11% | +$1.28M |
|
|
XEC
1670
PUT
DELISTED
CIMAREX ENERGY CO
XEC
| $13.3M | ﹤0.01% |
276,500
-4,200
| -1% | -$199K |
|
1671
Blackstone
BX
$113B
| $13.3M | ﹤0.01% |
271,318
-357,563
| -57% | -$17.4M |
|
1672
PUT
McCormick & Company Non-Voting
MKC
$14.3B
| $13.2M | ﹤0.01% |
169,400
-52,000
| -23% | -$4.18M |
|
1673
PUT
Guidewire Software
GWRE
$14.4B
| $13.2M | ﹤0.01% |
125,500
+119,500
| +1,992% | +$12M |
|
1674
NetEase
NTES
$85.4B
| $13.2M | ﹤0.01% |
247,945
+23,020
| +10% | +$1.17M |
|
1675
PUT
Everest Group
EG
$14.2B
| $13.2M | ﹤0.01% |
49,600
+42,400
| +589% | +$10.7M |
|
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.