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 | |
|---|---|---|---|---|---|---|
1801
Banco Santander
SAN
$211B
| $11.6M | ﹤0.01% |
3,000,641
+767,106
| +34% | +$3.05M |
|
1802
CALL
Hewlett Packard
HPE
$72.6B
| $11.6M | ﹤0.01% |
761,700
+252,000
| +49% | +$3.58M |
|
1803
CALL
Tenet Healthcare
THC
$20.9B
| $11.5M | ﹤0.01% |
521,900
-121,300
| -19% | -$2.58M |
|
1804
PUT
Enphase Energy
ENPH
$5.54B
| $11.5M | ﹤0.01% |
517,700
+186,600
| +56% | +$4.78M |
|
1805
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $11.5M | ﹤0.01% |
126,063
-94,738
| -43% | -$8.58M |
|
1806
CALL
Golar LNG
GLNG
$5.14B
| $11.5M | ﹤0.01% |
885,300
+367,600
| +71% | +$5.4M |
|
1807
CALL
Teradyne
TER
$59.4B
| $11.5M | ﹤0.01% |
198,200
+27,300
| +16% | +$1.45M |
|
1808
CALL
Harley-Davidson
HOG
$2.76B
| $11.5M | ﹤0.01% |
318,900
-42,500
| -12% | -$1.46M |
|
1809
PUT
STMicroelectronics
STM
$49.3B
| $11.5M | ﹤0.01% |
592,500
+31,800
| +6% | +$583K |
|
1810
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$691B
| $11.4M | ﹤0.01% |
75,800
+36,600
| +93% | +$5.52M |
|
1811
PUT
Toll Brothers
TOL
$14.2B
| $11.4M | ﹤0.01% |
278,800
-74,300
| -21% | -$2.74M |
|
1812
CALL
TAL Education Group
TAL
$6.78B
| $11.4M | ﹤0.01% |
334,200
+43,500
| +15% | +$1.51M |
|
1813
PUT
Johnson Controls International
JCI
$92.7B
| $11.4M | ﹤0.01% |
260,700
-36,800
| -12% | -$1.56M |
|
|
KYNB
1814
PUT
Kyntra Bio
KYNB
$28.9M
| $11.4M | ﹤0.01% |
12,372
+3,140
| +34% | +$3.45M |
|
1815
PUT
Logitech
LOGI
$15B
| $11.4M | ﹤0.01% |
280,300
+240,500
| +604% | +$9.67M |
|
|
NVEE
1816
PUT
DELISTED
NV5 Global
NVEE
| $11.4M | ﹤0.01% |
668,000
+37,600
| +6% | +$683K |
|
|
CBPO
1817
PUT
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $11.4M | ﹤0.01% |
99,600
+49,700
| +100% | +$4.94M |
|
1818
CALL
Yeti Holdings
YETI
$3.87B
| $11.4M | ﹤0.01% |
407,000
+30,300
| +8% | +$919K |
|
1819
CALL
KB Home
KBH
$3.52B
| $11.4M | ﹤0.01% |
335,000
+60,100
| +22% | +$1.68M |
|
|
CHUY
1820
PUT
DELISTED
Chuy's Holdings, Inc. Common Stock
CHUY
| $11.4M | ﹤0.01% |
459,800
+10,500
| +2% | +$254K |
|
1821
PUT
Baxter International
BAX
$14.3B
| $11.4M | ﹤0.01% |
130,100
-306,100
| -70% | -$26.1M |
|
|
AXON
1822
CALL
Axon Enterprise
AXON
$51.1B
| $11.4M | ﹤0.01% |
200,200
+31,100
| +18% | +$1.96M |
|
|
CONE
1823
PUT
DELISTED
CyrusOne Inc Common Stock
CONE
| $11.4M | ﹤0.01% |
143,700
+82,300
| +134% | +$5.49M |
|
1824
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $11.3M | ﹤0.01% |
129,000
+113,100
| +711% | +$10M |
|
1825
CALL
Everest Group
EG
$14.1B
| $11.3M | ﹤0.01% |
42,600
+11,100
| +35% | +$2.8M |
|
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.