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 | |
|---|---|---|---|---|---|---|
1726
PUT
Intercontinental Exchange
ICE
$84.6B
| $12.6M | ﹤0.01% |
136,600
+19,600
| +17% | +$1.79M |
|
1727
Zoom
ZM
$31.2B
| $12.6M | ﹤0.01% |
164,864
-28,696
| -15% | -$2.58M |
|
1728
PUT
Nutrien
NTR
$32B
| $12.5M | ﹤0.01% |
251,400
+1,700
| +0.7% | +$86.8K |
|
1729
PUT
Vornado Realty Trust
VNO
$7.33B
| $12.5M | ﹤0.01% |
196,500
-20,200
| -9% | -$1.27M |
|
1730
CALL
Gen Digital
GEN
$17.5B
| $12.5M | ﹤0.01% |
529,400
-76,600
| -13% | -$1.79M |
|
1731
CALL
ResMed
RMD
$32.2B
| $12.5M | ﹤0.01% |
92,500
+32,200
| +53% | +$4.22M |
|
1732
CALL
Western Union
WU
$2.21B
| $12.5M | ﹤0.01% |
539,100
+210,300
| +64% | +$4.54M |
|
1733
Rithm Capital
RITM
$5.77B
| $12.5M | ﹤0.01% |
796,123
+365,545
| +85% | +$5.47M |
|
1734
Cardinal Health
CAH
$55.7B
| $12.5M | ﹤0.01% |
264,480
-39,844
| -13% | -$1.82M |
|
1735
PUT
F5
FFIV
$23.6B
| $12.4M | ﹤0.01% |
88,600
-19,100
| -18% | -$2.64M |
|
1736
PUT
Teck Resources
TECK
$32.8B
| $12.4M | ﹤0.01% |
765,600
-155,200
| -17% | -$2.93M |
|
1737
CALL
Ventas
VTR
$45.5B
| $12.4M | ﹤0.01% |
170,000
-62,300
| -27% | -$4.42M |
|
1738
CALL
Moody's
MCO
$83.1B
| $12.4M | ﹤0.01% |
60,300
+18,900
| +46% | +$3.96M |
|
1739
PUT
AerCap
AER
$23.6B
| $12.3M | ﹤0.01% |
225,500
+59,100
| +36% | +$3.12M |
|
|
ALDR
1740
PUT
DELISTED
Alder Biopharmaceuticals
ALDR
| $12.3M | ﹤0.01% |
653,300
+612,800
| +1,513% | +$7.01M |
|
1741
CALL
NRG Energy
NRG
$25.3B
| $12.3M | ﹤0.01% |
311,000
+93,900
| +43% | +$3.39M |
|
1742
CALL
AvalonBay Communities
AVB
$26.1B
| $12.3M | ﹤0.01% |
57,100
+17,300
| +43% | +$3.62M |
|
1743
PBF Energy
PBF
$8.24B
| $12.3M | ﹤0.01% |
452,048
+341,644
| +309% | +$8.73M |
|
1744
CALL
Tandem Diabetes Care
TNDM
$1.63B
| $12.3M | ﹤0.01% |
208,400
-220,400
| -51% | -$14.1M |
|
|
ECOL
1745
CALL
DELISTED
US Ecology, Inc.
ECOL
| $12.3M | ﹤0.01% |
191,700
+161,400
| +533% | +$9.96M |
|
1746
CALL
iShares MSCI Japan ETF
EWJ
$22.7B
| $12.3M | ﹤0.01% |
216,000
-355,800
| -62% | -$19.5M |
|
1747
PUT
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $12.3M | ﹤0.01% |
133,800
+56,900
| +74% | +$5.21M |
|
|
WWE
1748
DELISTED
World Wrestling Entertainment
WWE
| $12.2M | ﹤0.01% |
172,061
+70,233
| +69% | +$5.03M |
|
1749
CALL
NIO
NIO
$11.6B
| $12.2M | ﹤0.01% |
7,833,100
+1,121,000
| +17% | +$3.43M |
|
1750
D.R. Horton
DHI
$42B
| $12.2M | ﹤0.01% |
231,787
-360,667
| -61% | -$17.2M |
|
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.