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 | |
|---|---|---|---|---|---|---|
1901
PUT
Repligen
RGEN
$9.35B
| $11.6M | ﹤0.01% |
125,400
-42,300
| -25% | -$3.55M |
|
1902
PUT
OSI Systems
OSIS
$3.87B
| $11.6M | ﹤0.01% |
115,100
-10,100
| -8% | -$998K |
|
1903
Teladoc Health
TDOC
$1.28B
| $11.6M | ﹤0.01% |
138,433
+104,866
| +312% | +$7.98M |
|
1904
CALL
Datadog
DDOG
$91.2B
| $11.6M | ﹤0.01% |
+306,600
| New | +$11M |
|
1905
PUT
Norwegian Cruise Line
NCLH
$8.58B
| $11.6M | ﹤0.01% |
198,200
+40,900
| +26% | +$2.16M |
|
1906
CALL
Dropbox
DBX
$7.56B
| $11.6M | ﹤0.01% |
646,300
-359,600
| -36% | -$6.77M |
|
|
VER
1907
DELISTED
VEREIT, Inc.
VER
| $11.6M | ﹤0.01% |
250,429
+239,154
| +2,121% | +$11.5M |
|
1908
Equitable Holdings
EQH
$13.9B
| $11.6M | ﹤0.01% |
466,499
+44,589
| +11% | +$1.03M |
|
|
SAVE
1909
DELISTED
Spirit Airlines, Inc.
SAVE
| $11.6M | ﹤0.01% |
286,686
+153,338
| +115% | +$5.83M |
|
1910
DexCom
DXCM
$33.6B
| $11.6M | ﹤0.01% |
211,204
+97,640
| +86% | +$4.63M |
|
1911
Berkshire Hathaway Class A
BRK.A
$1.12T
| $11.5M | ﹤0.01% |
34
-47
| -58% | -$15.3M |
|
1912
PUT
IPG Photonics
IPGP
$3.68B
| $11.5M | ﹤0.01% |
79,600
-57,600
| -42% | -$8.02M |
|
1913
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $11.5M | ﹤0.01% |
91,700
+87,900
| +2,313% | +$11.1M |
|
1914
Alaska Air
ALK
$5.44B
| $11.5M | ﹤0.01% |
169,923
+38,111
| +29% | +$2.6M |
|
1915
American Electric Power
AEP
$66.6B
| $11.5M | ﹤0.01% |
121,730
+118,789
| +4,039% | +$11M |
|
1916
Cboe Global Markets
CBOE
$29.6B
| $11.5M | ﹤0.01% |
95,859
+21,092
| +28% | +$2.47M |
|
1917
Plains All American Pipeline
PAA
$16.3B
| $11.5M | ﹤0.01% |
624,647
+243,458
| +64% | +$4.47M |
|
1918
EPAM Systems
EPAM
$5.16B
| $11.5M | ﹤0.01% |
54,135
-2,521
| -4% | -$496K |
|
1919
PUT
Regions Financial
RF
$26.8B
| $11.5M | ﹤0.01% |
668,900
+331,400
| +98% | +$5.46M |
|
1920
CALL
Cooper Companies
COO
$15B
| $11.5M | ﹤0.01% |
142,800
-21,200
| -13% | -$1.6M |
|
|
1921
PUT
Cooper Companies
COO
$15B
| $11.5M | ﹤0.01% |
142,800
+6,400
| +5% | +$483K |
|
1922
PUT
Vornado Realty Trust
VNO
$7.23B
| $11.5M | ﹤0.01% |
172,400
-24,100
| -12% | -$1.56M |
|
1923
CALL
Crown Castle
CCI
$31.6B
| $11.5M | ﹤0.01% |
80,600
-388,000
| -83% | -$52.9M |
|
1924
Hilton Worldwide
HLT
$70.6B
| $11.4M | ﹤0.01% |
103,208
+96,295
| +1,393% | +$9.66M |
|
1925
O'Reilly Automotive
ORLY
$75.7B
| $11.4M | ﹤0.01% |
391,485
-145,830
| -27% | -$4.17M |
|
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.