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 | |
|---|---|---|---|---|---|---|
2001
CALL
Amphenol
APH
$208B
| $10.6M | ﹤0.01% |
390,800
+154,800
| +66% | +$3.95M |
|
2002
CALL
Coty
COTY
$2.47B
| $10.5M | ﹤0.01% |
935,000
-301,800
| -24% | -$3.44M |
|
2003
Nucor
NUE
$62.4B
| $10.5M | ﹤0.01% |
186,596
+80,788
| +76% | +$4.41M |
|
2004
RLI Corp
RLI
$5.89B
| $10.5M | ﹤0.01% |
233,328
+184,854
| +381% | +$8.68M |
|
2005
Sempra
SRE
$55.5B
| $10.5M | ﹤0.01% |
138,586
+115,068
| +489% | +$8.44M |
|
2006
CALL
iShares Russell 1000 Value ETF
IWD
$84.1B
| $10.5M | ﹤0.01% |
76,800
+35,900
| +88% | +$4.73M |
|
2007
CALL
Penumbra
PEN
$12.9B
| $10.5M | ﹤0.01% |
63,800
+36,500
| +134% | +$5.81M |
|
2008
GrafTech
EAF
$205M
| $10.5M | ﹤0.01% |
90,022
+77,123
| +598% | +$9.69M |
|
2009
Alaunos Therapeutics
TCRT
$4.79M
| $10.5M | ﹤0.01% |
14,766
+7,755
| +111% | +$5.34M |
|
2010
PUT
Pricesmart
PSMT
$5.31B
| $10.4M | ﹤0.01% |
147,000
+66,600
| +83% | +$4.79M |
|
2011
CALL
Fluor
FLR
$7.11B
| $10.4M | ﹤0.01% |
552,800
+360,000
| +187% | +$6.54M |
|
2012
PUT
Ally Financial
ALLY
$13.4B
| $10.4M | ﹤0.01% |
341,400
-66,500
| -16% | -$2.08M |
|
|
BPMC
2013
PUT
DELISTED
Blueprint Medicines
BPMC
| $10.4M | ﹤0.01% |
130,000
+39,400
| +43% | +$2.95M |
|
2014
Gray Television
GTN
$501M
| $10.4M | ﹤0.01% |
485,450
+89,857
| +23% | +$1.67M |
|
2015
Invitation Homes
INVH
$17.7B
| $10.4M | ﹤0.01% |
346,858
+77,389
| +29% | +$2.32M |
|
2016
CALL
Nexstar Media Group
NXST
$5.62B
| $10.4M | ﹤0.01% |
88,600
+50,300
| +131% | +$5.26M |
|
2017
PUT
SBA Communications
SBAC
$19.3B
| $10.4M | ﹤0.01% |
43,100
| – | – |
|
|
ARQL
2018
PUT
DELISTED
Arqule Inc
ARQL
| $10.4M | ﹤0.01% |
520,100
+458,800
| +748% | +$5.32M |
|
|
MAXR
2019
PUT
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $10.4M | ﹤0.01% |
662,400
+157,600
| +31% | +$1.64M |
|
2020
PUT
Exelixis
EXEL
$12.8B
| $10.4M | ﹤0.01% |
588,700
-99,500
| -14% | -$1.69M |
|
2021
PUT
Iron Mountain
IRM
$36.4B
| $10.4M | ﹤0.01% |
325,400
-292,600
| -47% | -$9.59M |
|
|
AVYA
2022
DELISTED
Avaya Holdings Corp. Common Stock
AVYA
| $10.4M | ﹤0.01% |
768,059
-806,619
| -51% | -$9.9M |
|
2023
PUT
Macerich
MAC
$6.93B
| $10.4M | ﹤0.01% |
384,900
+170,200
| +79% | +$4.68M |
|
2024
PUT
Williams-Sonoma
WSM
$29.7B
| $10.4M | ﹤0.01% |
282,000
-103,800
| -27% | -$3.61M |
|
2025
Travelers Companies
TRV
$78.7B
| $10.3M | ﹤0.01% |
75,564
+72,591
| +2,442% | +$9.88M |
|
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.