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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$6.39B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$565M |
| 3 |
Citigroup
C
|
+$429M |
| 4 |
United States Oil Fund
USO
|
+$386M |
| 5 |
iShares MSCI EAFE ETF
EFA
|
+$378M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Amazon
AMZN
|
+$946M |
| 2 |
Alphabet (Google) Class A
GOOGL
|
+$771M |
| 3 |
Alibaba
BABA
|
+$626M |
| 4 |
Tesla
TSLA
|
+$505M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$421M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.01% |
| 2 | Communication Services | 1.39% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.94% |
| 5 | Healthcare | 0.91% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
OPTU
3151
CALL
Optimum Communications Inc
OPTU
$251M
| $3.2M | ﹤0.01% |
143,500
-145,400
| -50% | -$3.8M |
|
3152
PUT
Kontoor Brands
KTB
$4.64B
| $3.2M | ﹤0.01% |
166,800
+129,800
| +351% | +$4.63M |
|
3153
PUT
Wyndham Hotels & Resorts
WH
$5.46B
| $3.19M | ﹤0.01% |
101,300
+79,800
| +371% | +$4.06M |
|
3154
Acadia Pharmaceuticals
ACAD
$4.87B
| $3.19M | ﹤0.01% |
75,433
-227,086
| -75% | -$9.36M |
|
3155
Henry Schein
HSIC
$10B
| $3.19M | ﹤0.01% |
63,061
-60,284
| -49% | -$3.82M |
|
3156
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$254M
| $3.19M | ﹤0.01% |
126,148
+88,564
| +236% | +$3.06M |
|
3157
CALL
Polaris
PII
$3.95B
| $3.18M | ﹤0.01% |
66,100
-98,000
| -60% | -$8.04M |
|
3158
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $3.17M | ﹤0.01% |
14,482
+480
| +3% | +$128K |
|
3159
Wolfspeed
WOLF
$1.65B
| $3.17M | ﹤0.01% |
89,504
-33,873
| -27% | -$1.52M |
|
3160
Smith & Nephew
SNN
$12.5B
| $3.17M | ﹤0.01% |
+88,437
| New | +$3.92M |
|
3161
Janus Henderson Short Duration Income ETF
VNLA
$3.36B
| $3.17M | ﹤0.01% |
+64,380
| New | +$3.2M |
|
3162
FirstEnergy
FE
$27.4B
| $3.17M | ﹤0.01% |
79,070
-54,551
| -41% | -$2.54M |
|
|
SAGE
3163
CALL
DELISTED
Sage Therapeutics
SAGE
| $3.17M | ﹤0.01% |
110,300
-432,200
| -80% | -$25M |
|
|
CS
3164
DELISTED
Credit Suisse Group
CS
| $3.17M | ﹤0.01% |
391,650
+277,646
| +244% | +$3.23M |
|
3165
Main Street Capital
MAIN
$5.5B
| $3.17M | ﹤0.01% |
154,361
+70,006
| +83% | +$2.62M |
|
3166
Navient
NAVI
$860M
| $3.17M | ﹤0.01% |
417,786
+397,784
| +1,989% | +$4.75M |
|
3167
Seagate
STX
$221B
| $3.15M | ﹤0.01% |
64,605
-21,999
| -25% | -$1.17M |
|
3168
State Street SPDR NYSE Technology ETF
XNTK
$2.26B
| $3.15M | ﹤0.01% |
43,036
+36,220
| +531% | +$2.99M |
|
3169
PUT
Steris
STE
$22.7B
| $3.15M | ﹤0.01% |
22,500
+9,100
| +68% | +$1.36M |
|
|
PE
3170
PUT
DELISTED
PARSLEY ENERGY INC
PE
| $3.15M | ﹤0.01% |
549,400
+237,600
| +76% | +$3.21M |
|
3171
PUT
Citizens Financial Group
CFG
$31.5B
| $3.15M | ﹤0.01% |
167,300
+14,000
| +9% | +$457K |
|
3172
Nexstar Media Group
NXST
$5.84B
| $3.15M | ﹤0.01% |
54,510
+24,664
| +83% | +$2.61M |
|
|
ITCI
3173
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.15M | ﹤0.01% |
204,600
-1,025,800
| -83% | -$22.3M |
|
3174
CALL
Greif
GEF
$4.97B
| $3.14M | ﹤0.01% |
101,100
-6,100
| -6% | -$231K |
|
3175
PUT
Galicia Financial Group
GGAL
$6.97B
| $3.14M | ﹤0.01% |
445,800
-99,900
| -18% | -$1.27M |
|
Similar funds
Susquehanna International Group's Q1 2020 Portfolio in Review
As of Q1 2020, Susquehanna International Group held 11,456 positions worth $314B, down 9.5% from $347B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group deployed $31.5B of net new capital in Q1 2020, opening 1,843 new positions and adding to 4,539 existing holdings. Its largest new stake was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, down from 2.2% a quarter earlier, followed by Communication Services and Financials.
On the sell side, the largest reduction was Amazon, an estimated $946M trimmed.
- Susquehanna International Group's largest Q1 2020 buy was Invesco DB US Dollar Index Bullish Fund: 8,692,802 shares worth $233M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2020, an estimated $6.39B increase.
- Susquehanna International Group's biggest Q1 2020 reduction was Amazon, cutting an estimated $946M.
- Susquehanna International Group fully exited Medicines Co in Q1 2020, selling an estimated $92M.
- Susquehanna International Group's ten largest holdings make up 30% of its $314B portfolio in Q1 2020.
- Susquehanna International Group opened 1,843 new positions and closed 1,300 in Q1 2020.
- Susquehanna International Group's portfolio value fell 9.5% quarter-over-quarter to $314B.
Based on Susquehanna International Group's 13F filing for Q1 2020, filed 15 May 2020.