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 | |
|---|---|---|---|---|---|---|
3651
CALL
Clearwater Paper
CLW
$345M
| $2.35M | ﹤0.01% |
107,500
+47,500
| +79% | +$1.14M |
|
3652
CALL
VanEck Pharmaceutical ETF
PPH
$985M
| $2.34M | ﹤0.01% |
43,100
+2,500
| +6% | +$154K |
|
3653
CALL
Open Text
OTEX
$5.94B
| $2.34M | ﹤0.01% |
67,100
+25,800
| +62% | +$1.09M |
|
3654
CALL
Sinclair Inc
SBGI
$1.07B
| $2.34M | ﹤0.01% |
145,700
+34,800
| +31% | +$905K |
|
3655
PUT
iShares MSCI Europe Financials ETF
EUFN
$4.31B
| $2.34M | ﹤0.01% |
186,800
-61,700
| -25% | -$1.05M |
|
|
MAXR
3656
CALL
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $2.34M | ﹤0.01% |
219,200
+106,600
| +95% | +$1.67M |
|
3657
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $2.34M | ﹤0.01% |
55,500
-63,769
| -53% | -$3.13M |
|
|
UFS
3658
PUT
DELISTED
DOMTAR CORPORATION (New)
UFS
| $2.33M | ﹤0.01% |
107,900
-6,800
| -6% | -$217K |
|
3659
Canadian Solar
CSIQ
$1.03B
| $2.33M | ﹤0.01% |
146,579
-407,003
| -74% | -$8.24M |
|
3660
Tenet Healthcare
THC
$21.6B
| $2.33M | ﹤0.01% |
161,911
-159,441
| -50% | -$4.58M |
|
3661
CALL
Plug Power
PLUG
$3.24B
| $2.33M | ﹤0.01% |
658,400
+227,300
| +53% | +$926K |
|
3662
CALL
Vanguard Information Technology ETF
VGT
$150B
| $2.33M | ﹤0.01% |
88,000
-294,400
| -77% | -$8.92M |
|
3663
PUT
First American
FAF
$7.54B
| $2.33M | ﹤0.01% |
54,900
+40,900
| +292% | +$2.34M |
|
3664
Medifast
MED
$128M
| $2.33M | ﹤0.01% |
37,242
-95
| -0.3% | -$8.65K |
|
3665
iShares MSCI New Zealand ETF
ENZL
$82.8M
| $2.33M | ﹤0.01% |
52,384
+35,651
| +213% | +$1.9M |
|
3666
Sibanye-Stillwater
SBSW
$7.62B
| $2.33M | ﹤0.01% |
492,919
+470,819
| +2,130% | +$4.2M |
|
3667
Boston Beer
SAM
$1.91B
| $2.32M | ﹤0.01% |
6,317
+5,673
| +881% | +$2.1M |
|
3668
ProShares Ultra Russell2000
UWM
$251M
| $2.32M | ﹤0.01% |
141,282
+57,366
| +68% | +$1.8M |
|
3669
CALL
Ultragenyx Pharmaceutical
RARE
$2.61B
| $2.32M | ﹤0.01% |
52,200
+46,100
| +756% | +$2.39M |
|
3670
WisdomTree US SmallCap Earnings Fund
EES
$739M
| $2.32M | ﹤0.01% |
+103,727
| New | +$3.34M |
|
|
ABB
3671
CALL
DELISTED
ABB Ltd
ABB
| $2.32M | ﹤0.01% |
134,200
-238,200
| -64% | -$5.2M |
|
3672
Coherus Oncology
CHRS
$185M
| $2.31M | ﹤0.01% |
142,744
+82,712
| +138% | +$1.53M |
|
3673
DTE Energy
DTE
$29.3B
| $2.31M | ﹤0.01% |
28,642
-26,981
| -49% | -$2.74M |
|
3674
PUT
Mercury Systems
MRCY
$6.67B
| $2.31M | ﹤0.01% |
32,400
+26,100
| +414% | +$1.98M |
|
3675
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.11B
| $2.31M | ﹤0.01% |
165,114
-24,711
| -13% | -$475K |
|
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.