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 | |
|---|---|---|---|---|---|---|
1751
CALL
Radian Group
RDN
$4.89B
| $12.2M | ﹤0.01% |
534,200
+387,400
| +264% | +$8.94M |
|
1752
iShares Core S&P Small-Cap ETF
IJR
$112B
| $12.2M | ﹤0.01% |
156,603
+152,692
| +3,904% | +$11.8M |
|
1753
CALL
Cooper Companies
COO
$15B
| $12.2M | ﹤0.01% |
164,000
+94,800
| +137% | +$7.64M |
|
1754
PUT
Exelixis
EXEL
$13B
| $12.2M | ﹤0.01% |
688,200
-104,700
| -13% | -$2.12M |
|
1755
PUT
CoStar Group
CSGP
$12.6B
| $12.2M | ﹤0.01% |
205,000
+114,000
| +125% | +$6.82M |
|
1756
PUT
Urban Outfitters
URBN
$6.74B
| $12.1M | ﹤0.01% |
432,200
-75,200
| -15% | -$1.75M |
|
|
MNDT
1757
PUT
DELISTED
Mandiant, Inc. Common Stock
MNDT
| $12.1M | ﹤0.01% |
909,900
-414,600
| -31% | -$5.89M |
|
1758
CALL
Campbell Soup
CPB
$6.75B
| $12.1M | ﹤0.01% |
258,400
-211,100
| -45% | -$9.12M |
|
1759
CALL
Under Armour
UAA
$2.33B
| $12.1M | ﹤0.01% |
607,100
-395,600
| -39% | -$8.73M |
|
1760
Kinder Morgan
KMI
$70.2B
| $12.1M | ﹤0.01% |
586,180
-412,905
| -41% | -$8.48M |
|
1761
Prudential Financial
PRU
$42.1B
| $12.1M | ﹤0.01% |
134,232
+118,319
| +744% | +$10.7M |
|
1762
PUT
Synchrony
SYF
$25.7B
| $12M | ﹤0.01% |
351,600
+87,600
| +33% | +$3M |
|
1763
Fox Class A
FOXA
$26.4B
| $12M | ﹤0.01% |
379,617
+315,316
| +490% | +$10.9M |
|
1764
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.45B
| $12M | ﹤0.01% |
237,200
+38,400
| +19% | +$1.86M |
|
1765
CALL
KeyCorp
KEY
$24.3B
| $12M | ﹤0.01% |
670,800
+252,100
| +60% | +$4.36M |
|
1766
CALL
Agilent Technologies
A
$42.1B
| $12M | ﹤0.01% |
156,000
-54,200
| -26% | -$3.91M |
|
1767
CALL
FMC
FMC
$1.3B
| $12M | ﹤0.01% |
136,300
+59,700
| +78% | +$5.12M |
|
1768
American Express
AXP
$231B
| $11.9M | ﹤0.01% |
101,013
-81,761
| -45% | -$10M |
|
1769
CALL
Ameriprise Financial
AMP
$49.7B
| $11.9M | ﹤0.01% |
81,100
+42,500
| +110% | +$5.96M |
|
1770
CALL
State Street SPDR S&P Bank ETF
KBE
$1.72B
| $11.9M | ﹤0.01% |
276,200
+197,800
| +252% | +$8.43M |
|
1771
CALL
MarketAxess Holdings
MKTX
$5.72B
| $11.9M | ﹤0.01% |
36,400
-13,600
| -27% | -$4.87M |
|
1772
ProShares UltraPro QQQ
TQQQ
$37B
| $11.9M | ﹤0.01% |
+1,547,128
| New | +$12.3M |
|
|
GBT
1773
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $11.9M | ﹤0.01% |
245,400
+52,000
| +27% | +$2.71M |
|
1774
CALL
Cardinal Health
CAH
$55.9B
| $11.9M | ﹤0.01% |
252,200
+114,300
| +83% | +$5.22M |
|
1775
Blackrock
BLK
$177B
| $11.9M | ﹤0.01% |
26,642
+15,046
| +130% | +$6.7M |
|
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.