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 | |
|---|---|---|---|---|---|---|
351
PUT
Texas Instruments
TXN
$256B
| $112M | 0.04% |
1,120,400
+107,700
| +11% | +$12.9M |
|
|
LK
352
CALL
DELISTED
Luckin Coffee Inc. American Depositary Shares
LK
| $112M | 0.04% |
4,107,700
+2,051,300
| +100% | +$75.5M |
|
353
CALL
Marriott International
MAR
$90.9B
| $111M | 0.04% |
1,490,100
+1,110,200
| +292% | +$138M |
|
354
CALL
United Rentals
URI
$70.8B
| $110M | 0.04% |
1,072,400
-84,200
| -7% | -$11.2M |
|
355
PUT
American Tower
AMT
$78.8B
| $110M | 0.04% |
505,600
+20,900
| +4% | +$4.86M |
|
356
CALL
Abbott
ABT
$188B
| $110M | 0.03% |
1,391,400
-289,300
| -17% | -$24.1M |
|
357
CALL
Workday
WDAY
$45.5B
| $109M | 0.03% |
837,400
-368,600
| -31% | -$62.1M |
|
358
PUT
Teva Pharmaceuticals
TEVA
$42.1B
| $109M | 0.03% |
12,134,800
+1,438,500
| +13% | +$14.7M |
|
359
Intel
INTC
$492B
| $109M | 0.03% |
2,008,715
-1,091,332
| -35% | -$64.6M |
|
360
PUT
Accenture
ACN
$109B
| $108M | 0.03% |
659,200
-38,400
| -6% | -$7.4M |
|
361
CALL
FedEx
FDX
$76.9B
| $107M | 0.03% |
884,900
-402,400
| -31% | -$56.6M |
|
362
PUT
American Airlines Group
AAL
$9.93B
| $107M | 0.03% |
8,794,100
+4,118,300
| +88% | +$93.9M |
|
|
SINA
363
DELISTED
Sina Corp
SINA
| $106M | 0.03% |
3,328,703
+277,707
| +9% | +$10.2M |
|
364
CALL
Pinduoduo
PDD
$132B
| $106M | 0.03% |
2,940,400
+465,900
| +19% | +$17M |
|
|
WORK
365
CALL
DELISTED
Slack Technologies, Inc.
WORK
| $106M | 0.03% |
3,947,100
+2,004,900
| +103% | +$48.4M |
|
366
CALL
Danaher
DHR
$147B
| $106M | 0.03% |
860,100
+286,850
| +50% | +$38.7M |
|
367
PUT
Ulta Beauty
ULTA
$23.6B
| $105M | 0.03% |
600,300
-455,700
| -43% | -$114M |
|
368
NextEra Energy
NEE
$177B
| $105M | 0.03% |
1,748,160
+823,920
| +89% | +$51.8M |
|
|
369
PUT
Marriott International
MAR
$90.9B
| $105M | 0.03% |
1,404,800
+1,105,100
| +369% | +$137M |
|
370
PUT
Illumina
ILMN
$29B
| $105M | 0.03% |
394,444
-206,525
| -34% | -$57.8M |
|
|
371
PUT
Workday
WDAY
$45.5B
| $105M | 0.03% |
803,900
-833,600
| -51% | -$140M |
|
372
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.7B
| $104M | 0.03% |
1,917,600
+1,278,000
| +200% | +$77.6M |
|
373
PUT
Constellation Brands
STZ
$22.8B
| $104M | 0.03% |
727,100
-186,400
| -20% | -$32.9M |
|
|
374
CALL
Ulta Beauty
ULTA
$23.6B
| $104M | 0.03% |
593,000
-114,600
| -16% | -$28.6M |
|
375
PUT
Palo Alto Networks
PANW
$314B
| $104M | 0.03% |
3,806,400
-2,220,000
| -37% | -$77.5M |
|
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.