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 | |
|---|---|---|---|---|---|---|
151
CALL
Costco
COST
$420B
| $327M | 0.11% |
1,133,900
+175,900
| +18% | +$49.5M |
|
152
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $324M | 0.11% |
4,236,900
+928,300
| +28% | +$77.1M |
|
153
PUT
Gilead Sciences
GILD
$165B
| $320M | 0.11% |
5,054,300
+1,015,800
| +25% | +$66.4M |
|
154
Procter & Gamble
PG
$339B
| $317M | 0.11% |
2,544,767
+108,775
| +4% | +$12.9M |
|
155
PUT
Biogen
BIIB
$30.7B
| $316M | 0.11% |
1,356,200
+30,900
| +2% | +$7.2M |
|
156
PUT
Qualcomm
QCOM
$176B
| $309M | 0.1% |
4,051,600
-5,081,600
| -56% | -$382M |
|
157
CALL
Deere & Co
DE
$168B
| $307M | 0.1% |
1,817,600
+868,800
| +92% | +$139M |
|
158
PUT
Blackstone
BX
$110B
| $299M | 0.1% |
6,117,700
+1,762,600
| +40% | +$86M |
|
159
CALL
McDonald's
MCD
$195B
| $298M | 0.1% |
1,386,900
+197,700
| +17% | +$42.4M |
|
160
PUT
Caterpillar
CAT
$387B
| $297M | 0.1% |
2,355,300
+239,300
| +11% | +$30.4M |
|
161
CALL
VanEck Semiconductor ETF
SMH
$73.2B
| $297M | 0.1% |
4,988,400
-1,785,800
| -26% | -$103M |
|
162
CALL
RTX Corp
RTX
$301B
| $294M | 0.1% |
3,427,314
+1,143,126
| +50% | +$94.9M |
|
|
XYZ
163
Block Inc
XYZ
$47.5B
| $294M | 0.1% |
4,742,738
+1,852,386
| +64% | +$126M |
|
|
164
PUT
McDonald's
MCD
$195B
| $292M | 0.1% |
1,360,000
+612,200
| +82% | +$131M |
|
|
AGN
165
PUT
DELISTED
Allergan plc
AGN
| $290M | 0.1% |
1,723,300
-663,600
| -28% | -$108M |
|
166
PUT
Workday
WDAY
$44.4B
| $290M | 0.1% |
1,703,400
+518,300
| +44% | +$100M |
|
167
CALL
Lowe's Companies
LOW
$125B
| $289M | 0.1% |
2,632,400
+683,200
| +35% | +$72.1M |
|
168
iShares China Large-Cap ETF
FXI
$4.31B
| $289M | 0.1% |
7,269,706
+245,046
| +3% | +$9.94M |
|
169
PUT
JD.com
JD
$44.5B
| $289M | 0.1% |
10,251,900
+2,340,000
| +30% | +$70.7M |
|
170
CALL
Target
TGT
$68B
| $288M | 0.1% |
2,697,500
-467,400
| -15% | -$44.5M |
|
171
CALL
Merck
MRK
$318B
| $288M | 0.1% |
3,588,981
-195,557
| -5% | -$15.7M |
|
172
CALL
Broadcom
AVGO
$2.04T
| $285M | 0.1% |
10,320,000
-2,366,000
| -19% | -$67.3M |
|
173
PUT
Twilio
TWLO
$36.6B
| $284M | 0.1% |
2,580,300
+888,500
| +53% | +$115M |
|
174
PUT
Baidu
BIDU
$37.2B
| $279M | 0.09% |
2,714,100
-360,500
| -12% | -$38.7M |
|
175
PUT
United States Oil Fund
USO
$1.84B
| $279M | 0.09% |
3,072,313
-1,150,037
| -27% | -$108M |
|
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.