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 | |
|---|---|---|---|---|---|---|
426
CALL
Constellation Brands
STZ
$22.8B
| $89.4M | 0.03% |
623,500
-370,200
| -37% | -$65.3M |
|
427
CALL
Dow Inc
DOW
$22.1B
| $88.7M | 0.03% |
3,034,700
+718,800
| +31% | +$30.6M |
|
428
CALL
DuPont de Nemours
DD
$19.1B
| $88.6M | 0.03% |
2,070,537
-127,944
| -6% | -$7.83M |
|
429
PUT
Philip Morris
PM
$290B
| $88.4M | 0.03% |
1,211,800
-290,300
| -19% | -$23.9M |
|
430
TSMC
TSM
$2.17T
| $88.3M | 0.03% |
1,847,850
+520,473
| +39% | +$28.5M |
|
|
AYX
431
PUT
DELISTED
Alteryx Inc
AYX
| $88.2M | 0.03% |
926,800
+182,000
| +24% | +$22.6M |
|
432
CALL
Teva Pharmaceuticals
TEVA
$42.1B
| $88.2M | 0.03% |
9,821,300
+2,165,300
| +28% | +$22.2M |
|
433
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $88.2M | 0.03% |
1,130,000
-1,417,800
| -56% | -$126M |
|
434
CALL
Fidelity National Information Services
FIS
$21.9B
| $88M | 0.03% |
723,300
+682,400
| +1,668% | +$94.8M |
|
435
CALL
Align Technology
ALGN
$12.5B
| $87.8M | 0.03% |
504,600
+14,100
| +3% | +$3.38M |
|
|
436
PUT
DuPont de Nemours
DD
$19.1B
| $87.5M | 0.03% |
2,044,486
+374,593
| +22% | +$22.9M |
|
|
PARA
437
DELISTED
Paramount Global Class B
PARA
| $87.5M | 0.03% |
6,242,108
+3,525,424
| +130% | +$101M |
|
438
CALL
Lyft
LYFT
$6.55B
| $87.3M | 0.03% |
3,250,100
+874,300
| +37% | +$34.7M |
|
439
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $87M | 0.03% |
1,003,716
+775,501
| +340% | +$66.2M |
|
440
CALL
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.6B
| $87M | 0.03% |
704,200
-2,372,900
| -77% | -$302M |
|
|
MLNX
441
PUT
DELISTED
Mellanox Technologies, Ltd.
MLNX
| $86.9M | 0.03% |
716,400
+341,000
| +91% | +$40.1M |
|
|
PPLI
442
CALL
People Inc
PPLI
$3.03B
| $86.7M | 0.03% |
2,708,177
-707,819
| -21% | -$28M |
|
443
PUT
Lowe's Companies
LOW
$123B
| $86.5M | 0.03% |
1,005,800
-272,600
| -21% | -$29.8M |
|
|
VMW
444
PUT
DELISTED
VMware, Inc
VMW
| $86.4M | 0.03% |
713,100
-772,700
| -52% | -$106M |
|
445
PUT
General Dynamics
GD
$107B
| $86M | 0.03% |
650,200
+123,800
| +24% | +$20.6M |
|
446
PUT
NXP Semiconductors
NXPI
$58.9B
| $85.7M | 0.03% |
1,033,200
-388,800
| -27% | -$45.6M |
|
447
CALL
Skyworks Solutions
SWKS
$10.4B
| $85.3M | 0.03% |
954,800
-345,500
| -27% | -$36.9M |
|
|
448
PUT
Align Technology
ALGN
$12.5B
| $85.2M | 0.03% |
489,600
-64,100
| -12% | -$15.3M |
|
449
CALL
Mondelez International
MDLZ
$78.5B
| $85.1M | 0.03% |
1,700,000
+841,600
| +98% | +$45.6M |
|
450
PUT
Thermo Fisher Scientific
TMO
$222B
| $85.1M | 0.03% |
300,100
+190,700
| +174% | +$60.1M |
|
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.