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 | |
|---|---|---|---|---|---|---|
1951
CALL
Sinclair Inc
SBGI
$981M
| $9.93M | ﹤0.01% |
232,400
+21,500
| +10% | +$1.04M |
|
1952
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $9.93M | ﹤0.01% |
110,174
-91,972
| -45% | -$8.4M |
|
1953
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $9.93M | ﹤0.01% |
195,863
-30,984
| -14% | -$1.57M |
|
1954
PUT
LGI Homes
LGIH
$1.35B
| $9.92M | ﹤0.01% |
119,100
+81,900
| +220% | +$6.26M |
|
|
WRK
1955
PUT
DELISTED
WestRock Company
WRK
| $9.89M | ﹤0.01% |
271,300
-9,800
| -3% | -$350K |
|
|
FTCH
1956
PUT
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $9.88M | ﹤0.01% |
1,143,800
+887,600
| +346% | +$12.7M |
|
1957
PUT
TripAdvisor
TRIP
$1.28B
| $9.87M | ﹤0.01% |
255,200
-18,300
| -7% | -$762K |
|
1958
CALL
Tyler Technologies
TYL
$13.3B
| $9.87M | ﹤0.01% |
37,600
+1,800
| +5% | +$441K |
|
1959
PUT
First Majestic Silver
AG
$9.29B
| $9.87M | ﹤0.01% |
1,085,500
+481,200
| +80% | +$4.7M |
|
1960
Equinix
EQIX
$102B
| $9.86M | ﹤0.01% |
17,097
-5,222
| -23% | -$2.81M |
|
1961
Huntsman Corp
HUN
$1.82B
| $9.86M | ﹤0.01% |
423,805
+99,957
| +31% | +$2.06M |
|
1962
Invesco S&P 500 Pure Growth ETF
RPG
$2.04B
| $9.86M | ﹤0.01% |
416,160
+327,675
| +370% | +$7.83M |
|
1963
DuPont de Nemours
DD
$19.6B
| $9.85M | ﹤0.01% |
110,074
-329,682
| -75% | -$29M |
|
1964
CALL
Plains All American Pipeline
PAA
$16.3B
| $9.85M | ﹤0.01% |
474,800
+17,000
| +4% | +$384K |
|
1965
CALL
EPAM Systems
EPAM
$5.16B
| $9.85M | ﹤0.01% |
54,000
+200
| +0.4% | +$37.7K |
|
1966
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$243M
| $9.85M | ﹤0.01% |
63,190
-4,600
| -7% | -$775K |
|
1967
FirstCash
FCFS
$9.03B
| $9.83M | ﹤0.01% |
107,198
+74,793
| +231% | +$7.43M |
|
1968
Fortinet
FTNT
$119B
| $9.83M | ﹤0.01% |
640,035
+187,505
| +41% | +$3.04M |
|
|
1969
CALL
LGI Homes
LGIH
$1.35B
| $9.82M | ﹤0.01% |
117,900
-19,600
| -14% | -$1.5M |
|
|
SEE
1970
CALL
DELISTED
Sealed Air
SEE
| $9.82M | ﹤0.01% |
236,600
+91,100
| +63% | +$3.86M |
|
|
LTRPA
1971
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $9.82M | ﹤0.01% |
1,043,606
+60,212
| +6% | +$628K |
|
1972
CALL
Goodyear
GT
$1.76B
| $9.82M | ﹤0.01% |
681,600
+331,500
| +95% | +$4.41M |
|
1973
CALL
NewMarket
NEU
$8.45B
| $9.82M | ﹤0.01% |
20,800
+9,300
| +81% | +$4.15M |
|
|
Y
1974
PUT
DELISTED
Alleghany Corp
Y
| $9.81M | ﹤0.01% |
12,300
+6,000
| +95% | +$4.41M |
|
1975
Roper Technologies
ROP
$39.5B
| $9.81M | ﹤0.01% |
27,505
-3,901
| -12% | -$1.42M |
|
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.