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 | |
|---|---|---|---|---|---|---|
|
WW
2026
CALL
DELISTED
WW International
WW
| $7.7M | ﹤0.01% |
455,600
-659,800
| -59% | -$20.5M |
|
2027
VanEck Long Muni ETF
MLN
$681M
| $7.7M | ﹤0.01% |
+377,061
| New | +$7.89M |
|
2028
Hexcel
HXL
$7.81B
| $7.69M | ﹤0.01% |
206,666
+198,967
| +2,584% | +$12.8M |
|
|
REGI
2029
CALL
DELISTED
Renewable Energy Group, Inc.
REGI
| $7.69M | ﹤0.01% |
374,400
+43,900
| +13% | +$1.11M |
|
|
IMMU
2030
CALL
DELISTED
Immunomedics Inc
IMMU
| $7.68M | ﹤0.01% |
569,600
-734,700
| -56% | -$12.4M |
|
2031
PUT
Exelixis
EXEL
$12.6B
| $7.66M | ﹤0.01% |
444,700
-144,000
| -24% | -$2.63M |
|
2032
National Healthcare
NHC
$3.49B
| $7.64M | ﹤0.01% |
106,552
+86,436
| +430% | +$6.84M |
|
2033
iShares Global Utilities ETF
JXI
$308M
| $7.61M | ﹤0.01% |
150,277
+109,273
| +266% | +$6.33M |
|
|
DNKN
2034
PUT
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $7.6M | ﹤0.01% |
143,200
+60,900
| +74% | +$4.22M |
|
2035
CALL
Bilibili
BILI
$7.27B
| $7.59M | ﹤0.01% |
324,300
+79,100
| +32% | +$1.91M |
|
2036
Chubb
CB
$133B
| $7.59M | ﹤0.01% |
67,960
-51,327
| -43% | -$7.36M |
|
2037
CALL
Fortive
FTV
$18.6B
| $7.58M | ﹤0.01% |
217,884
+42,498
| +24% | +$1.86M |
|
|
CMA
2038
PUT
DELISTED
Comerica
CMA
| $7.57M | ﹤0.01% |
244,000
+28,300
| +13% | +$1.54M |
|
|
IPHI
2039
PUT
DELISTED
INPHI CORPORATION
IPHI
| $7.57M | ﹤0.01% |
95,600
+54,300
| +131% | +$4.22M |
|
2040
PUT
Crown Holdings
CCK
$13B
| $7.57M | ﹤0.01% |
130,400
-26,200
| -17% | -$1.82M |
|
2041
iShares Global Consumer Discretionary ETF
RXI
$274M
| $7.57M | ﹤0.01% |
79,989
+56,853
| +246% | +$6.58M |
|
|
KYNB
2042
PUT
Kyntra Bio
KYNB
$29M
| $7.56M | ﹤0.01% |
8,704
-3,672
| -30% | -$3.65M |
|
|
SDC
2043
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $7.56M | ﹤0.01% |
1,619,381
+909,716
| +128% | +$8.96M |
|
|
WCN
2044
PUT
Waste Connections
WCN
$41.8B
| $7.56M | ﹤0.01% |
97,500
+77,700
| +392% | +$7.3M |
|
2045
Vodafone
VOD
$38B
| $7.55M | ﹤0.01% |
548,468
+148,719
| +37% | +$2.66M |
|
2046
CALL
Huntsman Corp
HUN
$1.79B
| $7.54M | ﹤0.01% |
522,600
-175,800
| -25% | -$3.43M |
|
2047
CALL
Ollie's Bargain Outlet
OLLI
$4.63B
| $7.53M | ﹤0.01% |
162,500
+12,800
| +9% | +$656K |
|
|
RDFN
2048
CALL
DELISTED
Redfin
RDFN
| $7.51M | ﹤0.01% |
487,100
+332,200
| +214% | +$7.74M |
|
2049
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $7.51M | ﹤0.01% |
228,196
+198,956
| +680% | +$8.24M |
|
2050
CALL
Xylem
XYL
$28B
| $7.51M | ﹤0.01% |
115,300
+69,500
| +152% | +$5.48M |
|
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.