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 | |
|---|---|---|---|---|---|---|
|
CRC
1926
CALL
DELISTED
California Resources Corporation
CRC
| $10.2M | ﹤0.01% |
998,300
-1,600
| -0.2% | -$20.5K |
|
1927
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$50.9M
| $10.2M | ﹤0.01% |
494
-137
| -22% | -$2.76M |
|
1928
PUT
Caesars Entertainment
CZR
$6.07B
| $10.2M | ﹤0.01% |
254,700
-59,500
| -19% | -$2.53M |
|
|
AVLR
1929
PUT
DELISTED
Avalara, Inc.
AVLR
| $10.2M | ﹤0.01% |
150,900
+124,900
| +480% | +$10.1M |
|
1930
PUT
AGNC Investment
AGNC
$12.9B
| $10.1M | ﹤0.01% |
629,600
+80,100
| +15% | +$1.31M |
|
1931
PUT
Cooper Companies
COO
$15B
| $10.1M | ﹤0.01% |
136,400
+76,000
| +126% | +$6.13M |
|
1932
Burlington
BURL
$22.9B
| $10.1M | ﹤0.01% |
50,655
-256
| -0.5% | -$47.1K |
|
1933
Carlyle Group
CG
$17.5B
| $10.1M | ﹤0.01% |
395,597
+104,395
| +36% | +$2.5M |
|
1934
PUT
Zions Bancorporation
ZION
$10.4B
| $10.1M | ﹤0.01% |
227,100
+5,100
| +2% | +$220K |
|
1935
PUT
Invesco
IVZ
$14B
| $10.1M | ﹤0.01% |
596,300
+141,800
| +31% | +$2.5M |
|
1936
American Eagle Outfitters
AEO
$2.95B
| $10.1M | ﹤0.01% |
622,733
+356,074
| +134% | +$5.94M |
|
1937
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.3B
| $10.1M | ﹤0.01% |
37,511
-665
| -2% | -$177K |
|
1938
CALL
Appian
APPN
$2.56B
| $10.1M | ﹤0.01% |
212,500
+107,500
| +102% | +$5.03M |
|
1939
PUT
Travelers Companies
TRV
$78.7B
| $10.1M | ﹤0.01% |
67,700
-44,600
| -40% | -$6.63M |
|
|
SFIX
1940
Stitch Fix
SFIX
$506M
| $10.1M | ﹤0.01% |
522,089
+113,271
| +28% | +$2.63M |
|
1941
Equity Lifestyle Properties
ELS
$12.5B
| $10M | ﹤0.01% |
149,858
+8,700
| +6% | +$567K |
|
1942
CALL
SS&C Technologies
SSNC
$18.7B
| $10M | ﹤0.01% |
194,100
+79,700
| +70% | +$4.07M |
|
1943
PUT
Nexstar Media Group
NXST
$5.62B
| $10M | ﹤0.01% |
97,800
+57,700
| +144% | +$5.84M |
|
1944
CALL
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $10M | ﹤0.01% |
318,100
-12,800
| -4% | -$399K |
|
1945
Seagate
STX
$186B
| $9.97M | ﹤0.01% |
185,416
+139,667
| +305% | +$6.85M |
|
|
NVTA
1946
DELISTED
Invitae Corporation
NVTA
| $9.97M | ﹤0.01% |
517,610
+164,955
| +47% | +$3.89M |
|
1947
CALL
Eagle Materials
EXP
$6.47B
| $9.96M | ﹤0.01% |
110,600
-194,900
| -64% | -$16.7M |
|
1948
iShares Russell 1000 Value ETF
IWD
$84B
| $9.94M | ﹤0.01% |
77,523
-122,804
| -61% | -$15.6M |
|
1949
CALL
GoPro
GPRO
$107M
| $9.93M | ﹤0.01% |
1,915,900
-302,800
| -14% | -$1.42M |
|
|
1950
Invesco
IVZ
$14B
| $9.93M | ﹤0.01% |
586,338
+244,701
| +72% | +$4.32M |
|
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.