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 | 1.98% |
| 2 | Communication Services | 1.33% |
| 3 | Financials | 0.98% |
| 4 | Consumer Discretionary | 0.93% |
| 5 | Healthcare | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
276
CALL
Trade Desk
TTD
$6.29B
| $153M | 0.05% |
7,904,000
-13,414,000
| -63% | -$347M |
|
277
PUT
Clorox
CLX
$13B
| $152M | 0.05% |
875,700
+758,200
| +645% | +$125M |
|
|
WBA
278
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $150M | 0.05% |
3,280,000
+1,220,500
| +59% | +$61.9M |
|
|
279
iShares 20+ Year Treasury Bond ETF
TLT
$40.5B
| $150M | 0.05% |
909,146
-2,825,858
| -76% | -$421M |
|
280
PUT
CME Group
CME
$94.8B
| $150M | 0.05% |
865,500
+141,000
| +19% | +$28.1M |
|
281
PUT
Elevance Health
ELV
$86.2B
| $150M | 0.05% |
659,100
+83,100
| +14% | +$22.6M |
|
282
Beyond Meat
BYND
$268M
| $150M | 0.05% |
2,246,152
+1,113,379
| +98% | +$108M |
|
283
PUT
CrowdStrike
CRWD
$229B
| $149M | 0.05% |
10,731,200
+6,571,600
| +158% | +$92.8M |
|
|
TWTR
284
PUT
DELISTED
Twitter, Inc.
TWTR
| $149M | 0.05% |
6,080,000
-637,800
| -9% | -$20.6M |
|
|
285
CALL
CME Group
CME
$94.8B
| $149M | 0.05% |
863,000
+473,900
| +122% | +$94.3M |
|
286
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $149M | 0.05% |
1,680,800
-152,600
| -8% | -$14.8M |
|
287
AbbVie
ABBV
$438B
| $148M | 0.05% |
1,944,534
-38,566
| -2% | -$3.28M |
|
|
XLNX
288
PUT
DELISTED
Xilinx Inc
XLNX
| $148M | 0.05% |
1,893,600
-828,500
| -30% | -$72.2M |
|
289
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.8B
| $147M | 0.05% |
3,002,600
-1,030,400
| -26% | -$60.8M |
|
290
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$146M
| $146M | 0.05% |
49,432
+7,373
| +18% | +$12M |
|
291
PUT
RTX Corp
RTX
$302B
| $145M | 0.05% |
2,443,246
+378,499
| +18% | +$32M |
|
292
PUT
Altria Group
MO
$109B
| $144M | 0.05% |
3,734,100
-326,100
| -8% | -$14.5M |
|
293
Visa
V
$675B
| $143M | 0.05% |
885,618
+388,321
| +78% | +$73.2M |
|
294
CALL
Snap
SNAP
$9.05B
| $143M | 0.05% |
11,988,600
-8,456,300
| -41% | -$130M |
|
295
CALL
Humana
HUM
$46.3B
| $142M | 0.05% |
452,800
-2,700
| -0.6% | -$911K |
|
296
CALL
Twilio
TWLO
$38B
| $142M | 0.05% |
1,587,800
-291,700
| -16% | -$32M |
|
297
CALL
Philip Morris
PM
$290B
| $142M | 0.05% |
1,941,800
-128,900
| -6% | -$10.6M |
|
298
PUT
Vale
VALE
$63.4B
| $140M | 0.04% |
16,851,800
+6,594,900
| +64% | +$71.8M |
|
299
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $140M | 0.04% |
2,564,100
-1,590,700
| -38% | -$96.5M |
|
300
CALL
Expedia Group
EXPE
$37.7B
| $140M | 0.04% |
2,480,300
+714,800
| +40% | +$68.6M |
|
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 2.1% 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.