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 | |
|---|---|---|---|---|---|---|
|
OPTU
2126
PUT
Optimum Communications Inc
OPTU
$324M
| $8.48M | ﹤0.01% |
295,800
+28,700
| +11% | +$782K |
|
2127
Kroger
KR
$34.5B
| $8.48M | ﹤0.01% |
328,774
+3,879
| +1% | +$90.3K |
|
2128
Accenture
ACN
$110B
| $8.47M | ﹤0.01% |
44,046
-52,756
| -54% | -$10.2M |
|
2129
PUT
BJs Wholesale Club
BJ
$12B
| $8.47M | ﹤0.01% |
327,300
+247,400
| +310% | +$6.16M |
|
|
STI
2130
PUT
DELISTED
SunTrust Banks, Inc.
STI
| $8.44M | ﹤0.01% |
122,700
-61,600
| -33% | -$3.94M |
|
2131
CALL
Brighthouse Financial
BHF
$3.38B
| $8.43M | ﹤0.01% |
208,300
+49,000
| +31% | +$1.82M |
|
|
UNIT
2132
PUT
Uniti Group
UNIT
$2.25B
| $8.43M | ﹤0.01% |
1,085,600
-467,400
| -30% | -$3.88M |
|
2133
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $8.43M | ﹤0.01% |
285,900
+82,800
| +41% | +$2.49M |
|
2134
Teck Resources
TECK
$32.4B
| $8.43M | ﹤0.01% |
519,160
+117,774
| +29% | +$2.23M |
|
2135
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$156B
| $8.42M | ﹤0.01% |
171,800
+122,800
| +251% | +$6.09M |
|
2136
PUT
Visteon
VC
$2.83B
| $8.4M | ﹤0.01% |
101,800
-48,000
| -32% | -$3.2M |
|
2137
CALL
Repligen
RGEN
$9.3B
| $8.4M | ﹤0.01% |
109,500
-99,000
| -47% | -$8.66M |
|
2138
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.7M
| $8.4M | ﹤0.01% |
112,700
-10,200
| -8% | -$762K |
|
2139
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $8.39M | ﹤0.01% |
74,003
+30,535
| +70% | +$3.47M |
|
2140
PUT
Gartner
IT
$11.8B
| $8.38M | ﹤0.01% |
58,600
+56,400
| +2,564% | +$8.2M |
|
2141
Zoetis
ZTS
$31.1B
| $8.36M | ﹤0.01% |
67,108
+55,153
| +461% | +$6.66M |
|
|
ZNGA
2142
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $8.36M | ﹤0.01% |
1,436,093
-2,214,073
| -61% | -$13.3M |
|
2143
CALL
Travel + Leisure Co
TNL
$4.52B
| $8.35M | ﹤0.01% |
181,400
+94,500
| +109% | +$4.22M |
|
|
RETA
2144
CALL
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.34M | ﹤0.01% |
103,900
+41,000
| +65% | +$3.48M |
|
2145
PUT
Huazhu Hotels Group
HTHT
$12.8B
| $8.33M | ﹤0.01% |
252,400
+235,500
| +1,393% | +$7.93M |
|
|
RDS.A
2146
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $8.32M | ﹤0.01% |
141,380
+134,213
| +1,873% | +$7.97M |
|
2147
CALL
Sunrun
RUN
$2.42B
| $8.31M | ﹤0.01% |
497,300
+83,900
| +20% | +$1.46M |
|
2148
PUT
Restaurant Brands International
QSR
$25.6B
| $8.3M | ﹤0.01% |
116,700
+14,000
| +14% | +$1.03M |
|
2149
CALL
Scotiabank
BNS
$108B
| $8.3M | ﹤0.01% |
146,000
-38,400
| -21% | -$2.06M |
|
2150
CALL
Zillow
ZG
$7.71B
| $8.28M | ﹤0.01% |
280,200
-142,400
| -34% | -$5.64M |
|
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.