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 | |
|---|---|---|---|---|---|---|
1751
CALL
Eagle Materials
EXP
$6.39B
| $9.63M | ﹤0.01% |
164,800
+146,200
| +786% | +$11.7M |
|
|
RDS.B
1752
CALL
DELISTED
Royal Dutch Shell PLC ADS Class B
RDS.B
| $9.63M | ﹤0.01% |
294,800
-154,600
| -34% | -$7.25M |
|
|
MIC
1753
PUT
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $9.63M | ﹤0.01% |
381,200
+180,400
| +90% | +$6.91M |
|
|
CONE
1754
CALL
DELISTED
CyrusOne Inc Common Stock
CONE
| $9.61M | ﹤0.01% |
155,700
-16,900
| -10% | -$1.03M |
|
1755
TripAdvisor
TRIP
$1.27B
| $9.61M | ﹤0.01% |
552,428
+64,347
| +13% | +$1.63M |
|
1756
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $9.6M | ﹤0.01% |
+532,859
| New | +$13.2M |
|
1757
CALL
iShares MSCI Turkey ETF
TUR
$221M
| $9.6M | ﹤0.01% |
510,900
+458,000
| +866% | +$11.6M |
|
1758
CALL
Vanguard Dividend Appreciation ETF
VIG
$114B
| $9.56M | ﹤0.01% |
92,500
+17,400
| +23% | +$2.08M |
|
1759
Inovio Pharmaceuticals
INO
$94.5M
| $9.56M | ﹤0.01% |
+107,102
| New | +$6.6M |
|
1760
CALL
State Street
STT
$52.3B
| $9.56M | ﹤0.01% |
179,500
-36,600
| -17% | -$2.54M |
|
1761
ON Semiconductor
ON
$32.4B
| $9.56M | ﹤0.01% |
768,271
+411,906
| +116% | +$8.06M |
|
|
NVTA
1762
PUT
DELISTED
Invitae Corporation
NVTA
| $9.55M | ﹤0.01% |
698,400
+87,100
| +14% | +$1.59M |
|
1763
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $9.54M | ﹤0.01% |
478,500
-116,900
| -20% | -$2.67M |
|
1764
PUT
Avery Dennison
AVY
$13.4B
| $9.53M | ﹤0.01% |
93,500
-4,500
| -5% | -$552K |
|
|
CRON
1765
Cronos Group
CRON
$1.14B
| $9.52M | ﹤0.01% |
1,679,628
-991,146
| -37% | -$6.59M |
|
1766
PUT
Vanguard Total World Stock ETF
VT
$81.9B
| $9.51M | ﹤0.01% |
151,500
+66,200
| +78% | +$4.99M |
|
|
DISCK
1767
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $9.5M | ﹤0.01% |
541,667
+355,238
| +191% | +$9.17M |
|
1768
PUT
Prologis
PLD
$134B
| $9.5M | ﹤0.01% |
118,200
+65,100
| +123% | +$5.69M |
|
|
GAP
1769
The Gap Inc
GAP
$7.39B
| $9.49M | ﹤0.01% |
1,348,760
+363,126
| +37% | +$5.39M |
|
|
SAFM
1770
DELISTED
Sanderson Farms Inc
SAFM
| $9.48M | ﹤0.01% |
76,912
+68,931
| +864% | +$9.6M |
|
1771
PUT
MarketAxess Holdings
MKTX
$5.72B
| $9.48M | ﹤0.01% |
28,500
-11,200
| -28% | -$3.9M |
|
1772
PUT
Synchrony
SYF
$26.2B
| $9.48M | ﹤0.01% |
589,000
-295,700
| -33% | -$8.62M |
|
|
CY
1773
CALL
DELISTED
Cypress Semiconductor
CY
| $9.48M | ﹤0.01% |
406,400
+261,700
| +181% | +$5.98M |
|
1774
Hershey
HSY
$37B
| $9.47M | ﹤0.01% |
71,466
+8,511
| +14% | +$1.26M |
|
1775
CALL
Axalta
AXTA
$7.98B
| $9.47M | ﹤0.01% |
548,200
+428,100
| +356% | +$11M |
|
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.