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 | |
|---|---|---|---|---|---|---|
4001
CALL
iRhythm Holdings
IRTC
$4.17B
| $1.92M | ﹤0.01% |
23,600
-50,700
| -68% | -$4.2M |
|
4002
CALL
Brighthouse Financial
BHF
$3.37B
| $1.92M | ﹤0.01% |
79,400
-62,200
| -44% | -$2.2M |
|
4003
US Bancorp
USB
$102B
| $1.92M | ﹤0.01% |
55,694
-379,958
| -87% | -$18.3M |
|
4004
Alliant Energy
LNT
$18.3B
| $1.92M | ﹤0.01% |
39,710
-19,482
| -33% | -$1.07M |
|
4005
Nutrien
NTR
$32.6B
| $1.92M | ﹤0.01% |
56,510
-155,131
| -73% | -$6.21M |
|
4006
PUT
Sabra Healthcare REIT
SBRA
$5.19B
| $1.92M | ﹤0.01% |
175,600
+116,800
| +199% | +$2.15M |
|
4007
CALL
iShares MSCI India ETF
INDA
$6.56B
| $1.92M | ﹤0.01% |
79,500
+21,000
| +36% | +$671K |
|
|
IMVP
4008
Invesco India ETF
IMVP
$107M
| $1.92M | ﹤0.01% |
+138,322
| New | +$2.5M |
|
4009
CALL
MasTec
MTZ
$23.9B
| $1.92M | ﹤0.01% |
58,500
-24,600
| -30% | -$1.25M |
|
4010
Xtrackers MSCI Emerging Markets Hedged Equity ETF
DBEM
$110M
| $1.91M | ﹤0.01% |
100,618
+69,734
| +226% | +$1.55M |
|
4011
PBF Energy
PBF
$8.52B
| $1.91M | ﹤0.01% |
270,204
+93,772
| +53% | +$2.1M |
|
4012
CALL
Brown & Brown
BRO
$23.6B
| $1.91M | ﹤0.01% |
52,800
+39,600
| +300% | +$1.67M |
|
|
TBCH
4013
PUT
Turtle Beach Corp
TBCH
$228M
| $1.91M | ﹤0.01% |
306,200
-54,400
| -15% | -$386K |
|
|
LTRPA
4014
DELISTED
Liberty TripAdvisor Holdings, Inc. Series A
LTRPA
| $1.91M | ﹤0.01% |
1,061,439
-54,768
| -5% | -$275K |
|
4015
PUT
Jacobs Solutions
J
$16.9B
| $1.91M | ﹤0.01% |
29,136
-17,651
| -38% | -$1.33M |
|
4016
PUT
Cinemark Holdings
CNK
$4.33B
| $1.91M | ﹤0.01% |
187,300
+171,900
| +1,116% | +$4.41M |
|
4017
Bank OZK
OZK
$5.72B
| $1.91M | ﹤0.01% |
114,083
+54,347
| +91% | +$1.4M |
|
4018
Toll Brothers
TOL
$13.9B
| $1.91M | ﹤0.01% |
98,970
+71,247
| +257% | +$2.7M |
|
4019
Inseego
INSG
$77M
| $1.9M | ﹤0.01% |
30,567
+20,050
| +191% | +$1.45M |
|
|
CALY
4020
Callaway Golf Company
CALY
$2.94B
| $1.9M | ﹤0.01% |
186,179
+176,768
| +1,878% | +$3.05M |
|
4021
Invesco Water Resources ETF
PHO
$2.05B
| $1.9M | ﹤0.01% |
60,695
+33,182
| +121% | +$1.23M |
|
|
TRPA
4022
Hartford AAA CLO ETF
TRPA
$111M
| $1.9M | ﹤0.01% |
49,683
+42,483
| +590% | +$1.71M |
|
|
IBTX
4023
DELISTED
Independent Bank Group, Inc.
IBTX
| $1.9M | ﹤0.01% |
80,194
+69,586
| +656% | +$3.2M |
|
4024
CALL
PTC
PTC
$16.2B
| $1.9M | ﹤0.01% |
31,000
-16,000
| -34% | -$1.18M |
|
4025
PUT
Lamb Weston
LW
$7.3B
| $1.9M | ﹤0.01% |
33,200
-22,900
| -41% | -$1.88M |
|
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.