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 | |
|---|---|---|---|---|---|---|
2051
iShares Select U.S. REIT ETF
ICF
$2.12B
| $7.5M | ﹤0.01% |
163,868
+158,708
| +3,076% | +$8.88M |
|
2052
ProShares UltraShort Bloomberg Crude Oil
SCO
$595M
| $7.5M | ﹤0.01% |
1,876
+1,122
| +149% | +$2M |
|
|
ICPT
2053
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $7.5M | ﹤0.01% |
119,100
-226,200
| -66% | -$20.3M |
|
2054
CALL
iShares US Home Construction ETF
ITB
$2.36B
| $7.49M | ﹤0.01% |
259,000
+146,800
| +131% | +$6.29M |
|
2055
CALL
IPG Photonics
IPGP
$3.64B
| $7.48M | ﹤0.01% |
67,800
+20,900
| +45% | +$2.73M |
|
2056
Deere & Co
DE
$165B
| $7.47M | ﹤0.01% |
54,097
-80,340
| -60% | -$12.7M |
|
2057
CALL
Dave & Buster's
PLAY
$354M
| $7.47M | ﹤0.01% |
571,400
+542,600
| +1,884% | +$18.6M |
|
2058
Centene
CNC
$33.3B
| $7.47M | ﹤0.01% |
125,748
-313,120
| -71% | -$19M |
|
2059
CALL
MPLX
MPLX
$60.2B
| $7.47M | ﹤0.01% |
642,500
+269,700
| +72% | +$5.53M |
|
|
NVO
2060
PUT
Novo Nordisk
NVO
$201B
| $7.46M | ﹤0.01% |
248,000
-40,200
| -14% | -$1.2M |
|
2061
PUT
ZTO Express
ZTO
$17.4B
| $7.44M | ﹤0.01% |
281,100
+155,500
| +124% | +$3.77M |
|
2062
PUT
Stanley Black & Decker
SWK
$15.4B
| $7.44M | ﹤0.01% |
74,400
-48,100
| -39% | -$6.87M |
|
2063
PUT
Ventas
VTR
$46.9B
| $7.41M | ﹤0.01% |
276,600
-675,700
| -71% | -$33.6M |
|
2064
CALL
iShares Russell 1000 ETF
IWB
$50.4B
| $7.4M | ﹤0.01% |
52,300
+43,700
| +508% | +$7.39M |
|
2065
PUT
Direxion Daily Energy Bear 2X ETF
ERY
$35.5M
| $7.39M | ﹤0.01% |
6,350
+870
| +16% | +$784K |
|
2066
CALL
Omega Healthcare
OHI
$14.1B
| $7.39M | ﹤0.01% |
278,400
+111,500
| +67% | +$4.23M |
|
|
UNIT
2067
CALL
Uniti Group
UNIT
$2.42B
| $7.39M | ﹤0.01% |
1,225,200
+203,900
| +20% | +$1.6M |
|
2068
PUT
Iovance Biotherapeutics
IOVA
$3.09B
| $7.38M | ﹤0.01% |
246,700
+123,800
| +101% | +$3.28M |
|
2069
Fair Isaac
FICO
$23.6B
| $7.37M | ﹤0.01% |
23,941
+5,358
| +29% | +$1.97M |
|
2070
PUT
Hyatt Hotels
H
$17B
| $7.35M | ﹤0.01% |
153,500
+105,700
| +221% | +$7.99M |
|
2071
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$626M
| $7.35M | ﹤0.01% |
16,300
-5,175
| -24% | -$4.71M |
|
2072
PUT
Henry Schein
HSIC
$10B
| $7.34M | ﹤0.01% |
145,300
+75,200
| +107% | +$4.77M |
|
|
CLVS
2073
CALL
DELISTED
Clovis Oncology, Inc.
CLVS
| $7.34M | ﹤0.01% |
1,154,100
-906,700
| -44% | -$7.27M |
|
|
DFS
2074
DELISTED
Discover Financial Services
DFS
| $7.33M | ﹤0.01% |
205,431
+108,699
| +112% | +$7.2M |
|
2075
CALL
Annaly Capital Management
NLY
$17.6B
| $7.33M | ﹤0.01% |
361,300
+263,000
| +268% | +$9.25M |
|
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.