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 | |
|---|---|---|---|---|---|---|
1726
CALL
ICU Medical
ICUI
$4.55B
| $9.87M | ﹤0.01% |
48,900
+41,100
| +527% | +$7.91M |
|
1727
PUT
Vanguard High Dividend Yield ETF
VYM
$84.1B
| $9.84M | ﹤0.01% |
139,100
+70,600
| +103% | +$6.07M |
|
1728
PUT
CarMax
KMX
$8.55B
| $9.84M | ﹤0.01% |
182,700
-205,600
| -53% | -$17.4M |
|
1729
CALL
CF Industries
CF
$17.8B
| $9.8M | ﹤0.01% |
360,300
-37,200
| -9% | -$1.38M |
|
1730
PUT
Royal Bank of Canada
RY
$300B
| $9.79M | ﹤0.01% |
159,100
+149,000
| +1,475% | +$11.1M |
|
1731
CALL
Jack Henry & Associates
JKHY
$10.9B
| $9.78M | ﹤0.01% |
63,000
+39,300
| +166% | +$6.1M |
|
1732
PUT
Arrowhead Research
ARWR
$11.9B
| $9.77M | ﹤0.01% |
339,700
-900
| -0.3% | -$36.3K |
|
1733
PUT
Acuity Brands
AYI
$10.7B
| $9.77M | ﹤0.01% |
114,000
-47,000
| -29% | -$5.15M |
|
1734
CEL-SCI Corp
CVM
$26.6M
| $9.76M | ﹤0.01% |
+28,177
| New | +$10.3M |
|
1735
CALL
Floor & Decor
FND
$6.19B
| $9.75M | ﹤0.01% |
303,800
+83,200
| +38% | +$3.88M |
|
1736
KLA
KLAC
$267B
| $9.75M | ﹤0.01% |
678,160
-1,884,880
| -74% | -$30.4M |
|
1737
PUT
SBA Communications
SBAC
$19.9B
| $9.75M | ﹤0.01% |
36,100
-7,000
| -16% | -$1.85M |
|
1738
PUT
Regions Financial
RF
$27.1B
| $9.73M | ﹤0.01% |
1,084,600
+415,700
| +62% | +$5.82M |
|
1739
PUT
Tapestry
TPR
$26B
| $9.72M | ﹤0.01% |
750,800
+129,900
| +21% | +$3.04M |
|
|
Y
1740
CALL
DELISTED
Alleghany Corp
Y
| $9.72M | ﹤0.01% |
17,600
+13,800
| +363% | +$9.93M |
|
1741
Teck Resources
TECK
$31.6B
| $9.7M | ﹤0.01% |
1,283,276
+931,523
| +265% | +$11.2M |
|
1742
CALL
Northern Trust
NTRS
$34.8B
| $9.7M | ﹤0.01% |
128,500
+10,900
| +9% | +$999K |
|
1743
Takeda Pharmaceutical
TAK
$56B
| $9.69M | ﹤0.01% |
638,254
+483,226
| +312% | +$8.76M |
|
1744
CALL
Monolithic Power Systems
MPWR
$68.6B
| $9.68M | ﹤0.01% |
57,800
+40,000
| +225% | +$6.85M |
|
1745
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$606M
| $9.67M | ﹤0.01% |
2,419
-5,871
| -71% | -$10.5M |
|
1746
PUT
Invesco Senior Loan ETF
BKLN
$6.77B
| $9.66M | ﹤0.01% |
472,300
+106,000
| +29% | +$2.31M |
|
1747
iShares MSCI Italy ETF
EWI
$1.08B
| $9.66M | ﹤0.01% |
+464,895
| New | +$12.4M |
|
1748
Exelon
EXC
$47B
| $9.65M | ﹤0.01% |
367,637
+29,182
| +9% | +$918K |
|
|
DOCU
1749
DocuSign
DOCU
$11.8B
| $9.64M | ﹤0.01% |
104,373
-94,540
| -48% | -$7.6M |
|
1750
CALL
Perrigo
PRGO
$1.77B
| $9.64M | ﹤0.01% |
200,400
-28,500
| -12% | -$1.53M |
|
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.