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 | |
|---|---|---|---|---|---|---|
|
AVYA
1901
PUT
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $10.5M | ﹤0.01% |
1,028,900
+599,700
| +140% | +$7.04M |
|
|
WLL
1902
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $10.5M | ﹤0.01% |
17,452
+9,783
| +128% | +$8.29M |
|
1903
PUT
Texas Capital Bancshares
TCBI
$4.35B
| $10.5M | ﹤0.01% |
192,300
+70,100
| +57% | +$3.99M |
|
1904
Tandem Diabetes Care
TNDM
$1.64B
| $10.4M | ﹤0.01% |
177,157
-35,949
| -17% | -$2.29M |
|
1905
PUT
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.75B
| $10.4M | ﹤0.01% |
103,200
+100,600
| +3,869% | +$10M |
|
1906
CALL
Public Service Enterprise Group
PEG
$37.5B
| $10.4M | ﹤0.01% |
168,100
+31,400
| +23% | +$1.87M |
|
1907
PUT
SBA Communications
SBAC
$19.3B
| $10.4M | ﹤0.01% |
43,100
-5,000
| -10% | -$1.24M |
|
1908
Adient
ADNT
$1.48B
| $10.4M | ﹤0.01% |
451,059
+403,856
| +856% | +$9.21M |
|
1909
PUT
Fastly Inc
FSLY
$4.58B
| $10.3M | ﹤0.01% |
430,700
+371,000
| +621% | +$8.74M |
|
1910
PUT
Cameco
CCJ
$42.8B
| $10.3M | ﹤0.01% |
1,087,700
-120,600
| -10% | -$1.13M |
|
1911
EPAM Systems
EPAM
$5.16B
| $10.3M | ﹤0.01% |
56,656
+30,415
| +116% | +$5.73M |
|
1912
CALL
Guidewire Software
GWRE
$14.6B
| $10.3M | ﹤0.01% |
98,000
+74,500
| +317% | +$7.51M |
|
|
GAP
1913
CALL
The Gap Inc
GAP
$7.58B
| $10.3M | ﹤0.01% |
594,800
-80,600
| -12% | -$1.43M |
|
1914
PUT
Yelp
YELP
$1.31B
| $10.3M | ﹤0.01% |
297,000
-6,200
| -2% | -$214K |
|
1915
CALL
Tower Semiconductor
TSEM
$28.3B
| $10.3M | ﹤0.01% |
536,100
-110,400
| -17% | -$2.06M |
|
1916
Viavi Solutions
VIAV
$9.51B
| $10.3M | ﹤0.01% |
736,112
+340,174
| +86% | +$4.84M |
|
1917
Iron Mountain
IRM
$36.4B
| $10.3M | ﹤0.01% |
318,156
+160,857
| +102% | +$5.05M |
|
1918
PUT
Chemours
CC
$2.27B
| $10.3M | ﹤0.01% |
688,100
+441,900
| +179% | +$7.19M |
|
1919
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$337M
| $10.3M | ﹤0.01% |
5,991
+1,819
| +44% | +$3.24M |
|
1920
PUT
Vanguard FTSE Europe ETF
VGK
$31B
| $10.3M | ﹤0.01% |
191,600
+175,100
| +1,061% | +$9.37M |
|
1921
Sun Communities
SUI
$14.6B
| $10.3M | ﹤0.01% |
69,140
-1,867
| -3% | -$264K |
|
1922
CALL
Generac Holdings
GNRC
$12.6B
| $10.2M | ﹤0.01% |
130,500
+4,800
| +4% | +$360K |
|
|
FLG
1923
CALL
Flagstar Bank National Association
FLG
$5.89B
| $10.2M | ﹤0.01% |
271,100
+161,067
| +146% | +$5.55M |
|
1924
PUT
GATX Corp
GATX
$6.29B
| $10.2M | ﹤0.01% |
131,500
+127,200
| +2,958% | +$9.71M |
|
1925
CALL
Vornado Realty Trust
VNO
$7.34B
| $10.2M | ﹤0.01% |
160,100
+105,600
| +194% | +$6.64M |
|
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.