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 | |
|---|---|---|---|---|---|---|
|
CBPO
3051
CALL
DELISTED
China Biologic Products Holdings, Inc.
CBPO
| $3.43M | ﹤0.01% |
31,800
-6,300
| -17% | -$724K |
|
|
PS
3052
PUT
DELISTED
Pluralsight, Inc. Class A Common Stock
PS
| $3.42M | ﹤0.01% |
311,500
+110,100
| +55% | +$1.83M |
|
3053
CALL
Churchill Downs
CHDN
$6.33B
| $3.42M | ﹤0.01% |
66,400
-21,800
| -25% | -$1.41M |
|
3054
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $3.42M | ﹤0.01% |
79,100
+38,200
| +93% | +$2.1M |
|
3055
Digimarc Corp
DMRC
$169M
| $3.41M | ﹤0.01% |
261,502
-259,359
| -50% | -$6.77M |
|
3056
CALL
Virtu Financial
VIRT
$5.3B
| $3.41M | ﹤0.01% |
163,900
+23,700
| +17% | +$438K |
|
3057
PUT
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.58B
| $3.41M | ﹤0.01% |
187,900
+156,800
| +504% | +$3.23M |
|
3058
CALL
Kirby Corp
KEX
$7.32B
| $3.41M | ﹤0.01% |
+78,400
| New | +$5.33M |
|
3059
CALL
Snap-on
SNA
$20.9B
| $3.41M | ﹤0.01% |
31,300
-89,400
| -74% | -$13.2M |
|
|
DGAZ
3060
DELISTED
VelocityShares 3x Inverse Natural Gas ETN linked to the S&P GSCI Natural Gas Index Excess Return
DGAZ
| $3.41M | ﹤0.01% |
10,162
-20,650
| -67% | -$5.48M |
|
3061
Euronet Worldwide
EEFT
$2.74B
| $3.4M | ﹤0.01% |
39,721
+5,377
| +16% | +$712K |
|
3062
CALL
Schwab US Broad Market ETF
SCHB
$45.1B
| $3.4M | ﹤0.01% |
337,800
-39,600
| -10% | -$479K |
|
3063
CALL
Abercrombie & Fitch
ANF
$4.8B
| $3.4M | ﹤0.01% |
373,700
+11,300
| +3% | +$164K |
|
|
CERN
3064
DELISTED
Cerner Corp
CERN
| $3.4M | ﹤0.01% |
53,915
-28,970
| -35% | -$2.06M |
|
3065
PUT
Tanger
SKT
$4.42B
| $3.39M | ﹤0.01% |
678,100
-121,700
| -15% | -$1.49M |
|
3066
Ralph Lauren
RL
$23.2B
| $3.39M | ﹤0.01% |
50,687
+27,356
| +117% | +$2.87M |
|
3067
PUT
SS&C Technologies
SSNC
$19.1B
| $3.38M | ﹤0.01% |
77,200
+40,200
| +109% | +$2.27M |
|
|
VPU
3068
Vanguard Utilities ETF
VPU
$8.57B
| $3.38M | ﹤0.01% |
27,738
+2,640
| +11% | +$371K |
|
3069
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $3.38M | ﹤0.01% |
+70,572
| New | +$3.84M |
|
3070
PUT
Gaotu Techedu
GOTU
$401M
| $3.37M | ﹤0.01% |
79,600
+60,200
| +310% | +$2.22M |
|
3071
StoneCo
STNE
$2.32B
| $3.37M | ﹤0.01% |
154,894
+144,518
| +1,393% | +$5.51M |
|
3072
PUT
National Healthcare
NHC
$3.5B
| $3.37M | ﹤0.01% |
47,000
-8,900
| -16% | -$704K |
|
|
APLS
3073
DELISTED
Apellis Pharmaceuticals
APLS
| $3.37M | ﹤0.01% |
125,794
-5,538
| -4% | -$197K |
|
3074
CALL
Corcept Therapeutics
CORT
$12.4B
| $3.36M | ﹤0.01% |
282,700
+99,800
| +55% | +$1.24M |
|
3075
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $3.36M | ﹤0.01% |
+63,133
| New | +$3.97M |
|
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.