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 | |
|---|---|---|---|---|---|---|
2026
CALL
Nokia
NOK
$52.7B
| $9.34M | ﹤0.01% |
1,845,400
+187,400
| +11% | +$967K |
|
2027
Acadia Pharmaceuticals
ACAD
$5.07B
| $9.34M | ﹤0.01% |
259,372
+68,670
| +36% | +$2.08M |
|
|
VMW
2028
DELISTED
VMware, Inc
VMW
| $9.33M | ﹤0.01% |
62,165
+42,301
| +213% | +$6.66M |
|
2029
Spotify
SPOT
$103B
| $9.32M | ﹤0.01% |
81,756
-229,936
| -74% | -$32.5M |
|
2030
PUT
Brighthouse Financial
BHF
$3.38B
| $9.3M | ﹤0.01% |
229,900
-24,000
| -9% | -$894K |
|
2031
CALL
Hilton Grand Vacations
HGV
$3.34B
| $9.3M | ﹤0.01% |
290,500
+191,400
| +193% | +$6.02M |
|
2032
PUT
Polaris
PII
$3.99B
| $9.29M | ﹤0.01% |
105,600
+8,900
| +9% | +$772K |
|
2033
CALL
ProShares UltraPro S&P 500
UPRO
$5.7B
| $9.26M | ﹤0.01% |
335,000
-102,600
| -23% | -$2.81M |
|
2034
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$102M
| $9.24M | ﹤0.01% |
1,413
+722
| +104% | +$5.05M |
|
2035
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.3B
| $9.24M | ﹤0.01% |
85,005
+49,948
| +142% | +$5.42M |
|
|
BHVN
2036
PUT
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $9.24M | ﹤0.01% |
221,500
+143,300
| +183% | +$6.05M |
|
2037
CALL
Jabil
JBL
$37.4B
| $9.24M | ﹤0.01% |
258,200
+110,900
| +75% | +$3.34M |
|
2038
Oneok
OKE
$57.7B
| $9.23M | ﹤0.01% |
125,296
+69,753
| +126% | +$4.94M |
|
2039
ProShares VIX Mid-Term Futures ETF
VIXM
$94.5M
| $9.23M | ﹤0.01% |
389,884
+136,022
| +54% | +$3.04M |
|
2040
CALL
Cedar Fair
FUN
$1.63B
| $9.22M | ﹤0.01% |
158,000
+81,300
| +106% | +$4.29M |
|
2041
PUT
Markel Group
MKL
$22.8B
| $9.22M | ﹤0.01% |
7,800
-8,000
| -51% | -$9.09M |
|
|
AMTD
2042
DELISTED
TD Ameritrade Holding Corp
AMTD
| $9.22M | ﹤0.01% |
197,356
-2,254
| -1% | -$108K |
|
2043
CALL
Murphy Oil
MUR
$5.12B
| $9.21M | ﹤0.01% |
416,500
-158,100
| -28% | -$3.4M |
|
|
PFPT
2044
PUT
DELISTED
Proofpoint, Inc.
PFPT
| $9.2M | ﹤0.01% |
71,300
+32,900
| +86% | +$4.03M |
|
2045
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $9.2M | ﹤0.01% |
71,800
+30,300
| +73% | +$4.06M |
|
2046
CALL
Ares Capital
ARCC
$14.3B
| $9.15M | ﹤0.01% |
491,300
-420,800
| -46% | -$7.8M |
|
2047
Direxion Daily Financial Bull 3x ETF
FAS
$2.45B
| $9.15M | ﹤0.01% |
117,810
+68,387
| +138% | +$5.18M |
|
|
LL
2048
PUT
DELISTED
LL Flooring Holdings, Inc.
LL
| $9.14M | ﹤0.01% |
926,400
+641,900
| +226% | +$6.29M |
|
2049
Veeva Systems
VEEV
$38.4B
| $9.14M | ﹤0.01% |
59,874
-64,328
| -52% | -$10.3M |
|
|
XIFR
2050
CALL
XPLR Infrastructure LP
XIFR
$1.08B
| $9.14M | ﹤0.01% |
172,900
-42,800
| -20% | -$2.15M |
|
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.