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 | |
|---|---|---|---|---|---|---|
2201
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$199M
| $6.52M | ﹤0.01% |
332,948
+309,684
| +1,331% | +$7.18M |
|
2202
CALL
International Flavors & Fragrances
IFF
$21.5B
| $6.51M | ﹤0.01% |
63,800
-67,300
| -51% | -$8.38M |
|
2203
CALL
Invesco
IVZ
$14.4B
| $6.51M | ﹤0.01% |
717,300
+279,700
| +64% | +$4.25M |
|
2204
Nice
NICE
$5.99B
| $6.51M | ﹤0.01% |
45,359
+31,719
| +233% | +$5.12M |
|
2205
Cardinal Health
CAH
$54.7B
| $6.51M | ﹤0.01% |
135,796
-132,728
| -49% | -$6.89M |
|
2206
QuidelOrtho
QDEL
$981M
| $6.5M | ﹤0.01% |
66,506
-42,256
| -39% | -$3.42M |
|
2207
CALL
Chemours
CC
$2.39B
| $6.5M | ﹤0.01% |
733,300
-182,800
| -20% | -$2.64M |
|
2208
PUT
Assured Guaranty
AGO
$3.38B
| $6.5M | ﹤0.01% |
252,100
-45,300
| -15% | -$1.88M |
|
2209
PUT
Cloudflare
NET
$112B
| $6.5M | ﹤0.01% |
276,800
-136,300
| -33% | -$2.65M |
|
2210
CALL
Verisk Analytics
VRSK
$23.6B
| $6.5M | ﹤0.01% |
46,600
-3,800
| -8% | -$596K |
|
2211
CALL
Fluor
FLR
$7B
| $6.49M | ﹤0.01% |
939,600
+386,800
| +70% | +$5.4M |
|
2212
PUT
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $6.48M | ﹤0.01% |
138,100
+41,900
| +44% | +$2.35M |
|
2213
CALL
PENN Entertainment
PENN
$2.52B
| $6.47M | ﹤0.01% |
511,800
+432,200
| +543% | +$10.9M |
|
2214
CALL
Vanguard Morningstar Growth ETF
VUG
$230B
| $6.47M | ﹤0.01% |
247,800
-238,800
| -49% | -$7.15M |
|
|
CTRA
2215
CALL
DELISTED
Coterra Energy
CTRA
| $6.47M | ﹤0.01% |
376,300
+103,100
| +38% | +$1.63M |
|
2216
PUT
NRG Energy
NRG
$26.5B
| $6.47M | ﹤0.01% |
237,200
-80,500
| -25% | -$2.77M |
|
2217
Vanguard Total Corporate Bond ETF
VTC
$1.71B
| $6.47M | ﹤0.01% |
75,720
+33,760
| +80% | +$2.98M |
|
2218
PUT
OSI Systems
OSIS
$3.76B
| $6.45M | ﹤0.01% |
93,600
-21,500
| -19% | -$1.84M |
|
2219
Vanguard S&P 500 ETF
VOO
$1.04T
| $6.45M | ﹤0.01% |
27,224
+8,186
| +43% | +$2.29M |
|
2220
PUT
American Water Works
AWK
$27.1B
| $6.44M | ﹤0.01% |
53,900
-4,500
| -8% | -$581K |
|
2221
Datadog
DDOG
$91.7B
| $6.43M | ﹤0.01% |
178,792
+121,463
| +212% | +$5.01M |
|
2222
State Street Blackstone Senior Loan ETF
SRLN
$5.37B
| $6.43M | ﹤0.01% |
+160,749
| New | +$7.18M |
|
2223
iShares New York Muni Bond ETF
NYF
$1.41B
| $6.43M | ﹤0.01% |
+113,801
| New | +$6.5M |
|
|
2224
PUT
QuidelOrtho
QDEL
$981M
| $6.43M | ﹤0.01% |
65,700
+54,800
| +503% | +$4.43M |
|
|
KYNB
2225
Kyntra Bio
KYNB
$28.5M
| $6.42M | ﹤0.01% |
7,387
-6,641
| -47% | -$6.6M |
|
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.