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 | |
|---|---|---|---|---|---|---|
2726
Willis Towers Watson
WTW
$30.8B
| $4.37M | ﹤0.01% |
25,699
-8,721
| -25% | -$1.71M |
|
|
RDFN
2727
PUT
DELISTED
Redfin
RDFN
| $4.36M | ﹤0.01% |
282,500
+68,200
| +32% | +$1.59M |
|
2728
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $4.35M | ﹤0.01% |
62,100
-12,000
| -16% | -$881K |
|
2729
CALL
Ashland
ASH
$3.35B
| $4.35M | ﹤0.01% |
86,900
-240,200
| -73% | -$16.5M |
|
2730
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $4.35M | ﹤0.01% |
27,500
-99,700
| -78% | -$19.8M |
|
|
INFO
2731
PUT
DELISTED
IHS Markit Ltd. Common Shares
INFO
| $4.35M | ﹤0.01% |
72,500
+33,200
| +84% | +$2.39M |
|
2732
International Paper
IP
$21.5B
| $4.35M | ﹤0.01% |
147,484
-20,849
| -12% | -$774K |
|
2733
PUT
Allegiant Air
ALGT
$2.32B
| $4.34M | ﹤0.01% |
53,100
+21,400
| +68% | +$3.07M |
|
2734
Pacer Global Cash Cows Dividend ETF
GCOW
$3.49B
| $4.34M | ﹤0.01% |
+192,636
| New | +$5.39M |
|
2735
PUT
Tower Semiconductor
TSEM
$29.7B
| $4.34M | ﹤0.01% |
272,400
-73,200
| -21% | -$1.52M |
|
2736
Cintas
CTAS
$79.9B
| $4.33M | ﹤0.01% |
99,932
+7,372
| +8% | +$482K |
|
2737
Kratos Defense & Security Solutions
KTOS
$12.1B
| $4.32M | ﹤0.01% |
312,389
+52,670
| +20% | +$908K |
|
2738
PUT
Canadian Solar
CSIQ
$1.02B
| $4.32M | ﹤0.01% |
271,400
-498,800
| -65% | -$10.1M |
|
2739
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $4.32M | ﹤0.01% |
+48,966
| New | +$4.27M |
|
2740
PUT
iShares Russell 3000 ETF
IWV
$20.5B
| $4.32M | ﹤0.01% |
29,100
+16,200
| +126% | +$2.88M |
|
2741
iShares Floating Rate Bond ETF
FLOT
$10.5B
| $4.31M | ﹤0.01% |
+88,515
| New | +$4.43M |
|
2742
Fortuna Silver Mines
FSM
$3.16B
| $4.31M | ﹤0.01% |
1,866,725
+571,537
| +44% | +$1.94M |
|
2743
PUT
ProShares UltraShort QQQ
QID
$243M
| $4.3M | ﹤0.01% |
9,265
+4,270
| +85% | +$1.95M |
|
2744
VanEck Short High Yield Muni ETF
SHYD
$456M
| $4.29M | ﹤0.01% |
+190,401
| New | +$4.66M |
|
2745
PUT
National Beverage
FIZZ
$2.94B
| $4.28M | ﹤0.01% |
200,600
-45,000
| -18% | -$984K |
|
|
CSOD
2746
CALL
DELISTED
Cornerstone OnDemand, Inc.
CSOD
| $4.27M | ﹤0.01% |
134,600
+28,900
| +27% | +$1.41M |
|
|
ZNGA
2747
CALL
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $4.27M | ﹤0.01% |
623,400
-61,400
| -9% | -$404K |
|
|
TRHC
2748
CALL
DELISTED
Tabula Rasa HealthCare, Inc. Common Stock
TRHC
| $4.27M | ﹤0.01% |
81,600
+30,800
| +61% | +$1.67M |
|
2749
PUT
Leidos
LDOS
$17.9B
| $4.26M | ﹤0.01% |
46,500
+30,900
| +198% | +$3.12M |
|
|
SC
2750
CALL
DELISTED
SANTANDER CONSUMER USA HOLDINGS INC
SC
| $4.26M | ﹤0.01% |
306,100
+56,100
| +22% | +$1.25M |
|
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.