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 |
Boeing
BA
|
+$1.33B |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$781M |
| 3 |
Tesla
TSLA
|
+$468M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$467M |
| 5 |
Home Depot
HD
|
+$344M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$1.36B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$860M |
| 3 |
Bank of America
BAC
|
+$413M |
| 4 |
Advanced Micro Devices
AMD
|
+$283M |
| 5 |
Salesforce
CRM
|
+$262M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.15% |
| 2 | Consumer Discretionary | 1.94% |
| 3 | Communication Services | 1.82% |
| 4 | Financials | 1.12% |
| 5 | Healthcare | 1.07% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1876
CALL
Perrigo
PRGO
$1.76B
| $11.8M | ﹤0.01% |
228,900
-62,300
| -21% | -$3.26M |
|
1877
PUT
Papa John's
PZZA
$784M
| $11.8M | ﹤0.01% |
187,000
-150,500
| -45% | -$8.91M |
|
|
WW
1878
DELISTED
WW International
WW
| $11.8M | ﹤0.01% |
309,026
+255,435
| +477% | +$9.69M |
|
1879
PUT
Weyerhaeuser
WY
$18.1B
| $11.8M | ﹤0.01% |
391,000
+52,300
| +15% | +$1.52M |
|
|
CZR
1880
PUT
DELISTED
Caesars Entertainment Corporation
CZR
| $11.8M | ﹤0.01% |
866,800
-58,900
| -6% | -$746K |
|
1881
iShares US Real Estate ETF
IYR
$4.49B
| $11.8M | ﹤0.01% |
126,621
-479,403
| -79% | -$44.4M |
|
1882
PUT
Tanger
SKT
$4.43B
| $11.8M | ﹤0.01% |
799,800
+470,800
| +143% | +$7.36M |
|
1883
PUT
iShares MSCI Turkey ETF
TUR
$216M
| $11.8M | ﹤0.01% |
434,100
-110,500
| -20% | -$2.85M |
|
1884
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $11.8M | ﹤0.01% |
200,600
+9,000
| +5% | +$503K |
|
1885
PUT
Agios Pharmaceuticals
AGIO
$1.98B
| $11.8M | ﹤0.01% |
246,100
-194,500
| -44% | -$7.35M |
|
1886
Aflac
AFL
$60.7B
| $11.7M | ﹤0.01% |
222,026
+210,628
| +1,848% | +$11.2M |
|
|
FRC
1887
CALL
DELISTED
First Republic Bank
FRC
| $11.7M | ﹤0.01% |
99,800
+57,200
| +134% | +$6.18M |
|
1888
PPG Industries
PPG
$25.8B
| $11.7M | ﹤0.01% |
87,764
+84,379
| +2,493% | +$10.7M |
|
|
CERN
1889
PUT
DELISTED
Cerner Corp
CERN
| $11.7M | ﹤0.01% |
159,600
-42,800
| -21% | -$2.96M |
|
1890
Eaton
ETN
$179B
| $11.7M | ﹤0.01% |
123,610
+103,889
| +527% | +$9.22M |
|
1891
CALL
Vanguard Information Technology ETF
VGT
$148B
| $11.7M | ﹤0.01% |
382,400
-16,800
| -4% | -$481K |
|
1892
PUT
Global Payments
GPN
$23B
| $11.7M | ﹤0.01% |
64,100
-47,900
| -43% | -$8.22M |
|
1893
Devon Energy
DVN
$49.9B
| $11.7M | ﹤0.01% |
449,201
-114,331
| -20% | -$2.57M |
|
1894
PUT
DaVita
DVA
$11.6B
| $11.7M | ﹤0.01% |
155,400
-468,900
| -75% | -$31.1M |
|
|
BFYT
1895
PUT
DELISTED
Benefytt Technologies, Inc. Class A Common Stock
BFYT
| $11.7M | ﹤0.01% |
604,200
+134,600
| +29% | +$3.04M |
|
1896
Kinross Gold
KGC
$32.5B
| $11.7M | ﹤0.01% |
2,458,662
+970,078
| +65% | +$4.38M |
|
|
HUYA
1897
Huya Inc
HUYA
$561M
| $11.6M | ﹤0.01% |
648,474
+451,705
| +230% | +$9.55M |
|
1898
Crown Holdings
CCK
$13.2B
| $11.6M | ﹤0.01% |
+160,372
| New | +$11.4M |
|
1899
State Street Utilities Select Sector SPDR ETF
XLU
$22.4B
| $11.6M | ﹤0.01% |
359,908
-1,140,350
| -76% | -$36.2M |
|
1900
CALL
Goodyear
GT
$1.77B
| $11.6M | ﹤0.01% |
746,800
+65,200
| +10% | +$1.02M |
|
Similar funds
Susquehanna International Group's Q4 2019 Portfolio in Review
As of Q4 2019, Susquehanna International Group held 11,328 positions worth $347B, up 16% from $298B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group deployed $12.7B of net new capital in Q4 2019, opening 1,232 new positions and adding to 3,827 existing holdings. Its largest new stake was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
On the sell side, the largest reduction was Amazon, an estimated $1.36B trimmed.
- Susquehanna International Group's largest Q4 2019 buy was Invesco Zacks Mid-Cap ETF: 1,353,476 shares worth $104M.
- Susquehanna International Group added most to Boeing in Q4 2019, an estimated $1.33B increase.
- Susquehanna International Group's biggest Q4 2019 reduction was Amazon, cutting an estimated $1.36B.
- Susquehanna International Group fully exited Celgene Corp in Q4 2019, selling an estimated $164M.
- Susquehanna International Group's ten largest holdings make up 26% of its $347B portfolio in Q4 2019.
- Susquehanna International Group opened 1,232 new positions and closed 1,709 in Q4 2019.
- Susquehanna International Group's portfolio value rose 16% quarter-over-quarter to $347B.
Based on Susquehanna International Group's 13F filing for Q4 2019, filed 14 Feb 2020.