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 | |
|---|---|---|---|---|---|---|
2301
CALL
National Healthcare
NHC
$3.39B
| $7.01M | ﹤0.01% |
85,700
-5,800
| -6% | -$480K |
|
2302
CALL
Prologis
PLD
$133B
| $7.01M | ﹤0.01% |
82,300
+32,900
| +67% | +$2.72M |
|
2303
CALL
National Beverage
FIZZ
$2.89B
| $7.01M | ﹤0.01% |
316,000
+57,000
| +22% | +$1.23M |
|
2304
CALL
American Eagle Outfitters
AEO
$2.91B
| $7M | ﹤0.01% |
431,600
+194,400
| +82% | +$3.25M |
|
2305
iShares Expanded Tech-Software Sector ETF
IGV
$14.9B
| $7M | ﹤0.01% |
165,170
+80,985
| +96% | +$3.54M |
|
|
MXIM
2306
PUT
DELISTED
Maxim Integrated Products
MXIM
| $6.98M | ﹤0.01% |
120,600
+60,100
| +99% | +$3.48M |
|
|
BRSL
2307
CALL
Brightstar Lottery PLC
BRSL
$2.07B
| $6.98M | ﹤0.01% |
491,300
+52,000
| +12% | +$690K |
|
|
S
2308
CALL
DELISTED
Sprint Corporation
S
| $6.98M | ﹤0.01% |
1,131,000
-4,385,300
| -79% | -$30.2M |
|
2309
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $6.96M | ﹤0.01% |
103,100
-23,700
| -19% | -$1.62M |
|
2310
CALL
Celanese
CE
$4.92B
| $6.95M | ﹤0.01% |
56,800
-69,800
| -55% | -$7.86M |
|
2311
Warner Bros
WBD
$67.9B
| $6.94M | ﹤0.01% |
260,760
-174,475
| -40% | -$5.07M |
|
2312
Wendy's
WEN
$1.44B
| $6.93M | ﹤0.01% |
+346,836
| New | +$6.91M |
|
2313
PUT
C.H. Robinson
CHRW
$17B
| $6.92M | ﹤0.01% |
81,600
-12,700
| -13% | -$1.07M |
|
|
XEC
2314
DELISTED
CIMAREX ENERGY CO
XEC
| $6.92M | ﹤0.01% |
144,237
+66,582
| +86% | +$3.15M |
|
|
PFPT
2315
CALL
DELISTED
Proofpoint, Inc.
PFPT
| $6.9M | ﹤0.01% |
53,500
-1,000
| -2% | -$122K |
|
2316
CALL
Bio-Rad Laboratories Class A
BIO
$9.53B
| $6.89M | ﹤0.01% |
20,700
+8,200
| +66% | +$2.67M |
|
2317
Schwab Fundamental Emerging Markets Large Company Index ETF
FNDE
$9.96B
| $6.89M | ﹤0.01% |
251,558
+216,273
| +613% | +$5.99M |
|
2318
CALL
Cal-Maine
CALM
$3.87B
| $6.88M | ﹤0.01% |
172,300
+123,100
| +250% | +$5.11M |
|
2319
PUT
PagerDuty
PD
$915M
| $6.88M | ﹤0.01% |
243,500
+222,000
| +1,033% | +$8.52M |
|
|
SPR
2320
PUT
DELISTED
Spirit AeroSystems
SPR
| $6.87M | ﹤0.01% |
83,500
-76,200
| -48% | -$5.97M |
|
2321
Western Digital
WDC
$151B
| $6.86M | ﹤0.01% |
152,181
-2,460,749
| -94% | -$105M |
|
2322
CALL
Sensata Technologies
ST
$6.73B
| $6.85M | ﹤0.01% |
136,900
+52,900
| +63% | +$2.5M |
|
2323
Kinross Gold
KGC
$32.3B
| $6.85M | ﹤0.01% |
1,488,584
+620,543
| +71% | +$2.88M |
|
2324
CALL
Huntington Ingalls Industries
HII
$12.9B
| $6.84M | ﹤0.01% |
32,300
+5,300
| +20% | +$1.15M |
|
2325
PUT
Copa Holdings
CPA
$5.49B
| $6.83M | ﹤0.01% |
69,200
+22,800
| +49% | +$2.3M |
|
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.