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 | |
|---|---|---|---|---|---|---|
|
TWTR
451
DELISTED
Twitter, Inc.
TWTR
| $85M | 0.03% |
3,459,344
-5,506,240
| -61% | -$178M |
|
452
CALL
Applied Materials
AMAT
$415B
| $84.9M | 0.03% |
1,852,600
-237,500
| -11% | -$13.6M |
|
|
CGC
453
CALL
Canopy Growth
CGC
$402M
| $84.8M | 0.03% |
587,950
-98,080
| -14% | -$18.4M |
|
454
CALL
Linde
LIN
$227B
| $84.6M | 0.03% |
489,000
+136,000
| +39% | +$26.8M |
|
455
CALL
Sherwin-Williams
SHW
$88.1B
| $84.2M | 0.03% |
549,600
+201,600
| +58% | +$36.4M |
|
456
CALL
Cummins
CMI
$87.4B
| $83.9M | 0.03% |
620,300
-405,400
| -40% | -$63.2M |
|
|
TWTR
457
CALL
DELISTED
Twitter, Inc.
TWTR
| $83.8M | 0.03% |
3,410,100
+412,500
| +14% | +$13.3M |
|
458
PUT
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.59B
| $83.6M | 0.03% |
3,228,700
+1,259,000
| +64% | +$35.6M |
|
459
PUT
General Mills
GIS
$19.9B
| $83.2M | 0.03% |
1,576,600
+798,000
| +102% | +$42.1M |
|
460
PUT
Skyworks Solutions
SWKS
$10.4B
| $83.2M | 0.03% |
930,800
-261,100
| -22% | -$27.9M |
|
461
CALL
Thermo Fisher Scientific
TMO
$222B
| $83M | 0.03% |
292,800
+139,300
| +91% | +$43.9M |
|
462
PUT
SLB Ltd
SLB
$78.9B
| $83M | 0.03% |
6,149,500
+3,150,800
| +105% | +$91.2M |
|
|
SPLK
463
PUT
DELISTED
Splunk Inc
SPLK
| $82.1M | 0.03% |
650,500
-352,200
| -35% | -$51.8M |
|
464
CALL
Atlassian
TEAM
$38.5B
| $81.8M | 0.03% |
596,300
+275,600
| +86% | +$38.5M |
|
465
PUT
Deere & Co
DE
$164B
| $81.8M | 0.03% |
591,900
-83,700
| -12% | -$13.2M |
|
466
PUT
Zscaler
ZS
$28.6B
| $81.2M | 0.03% |
1,333,900
-385,700
| -22% | -$21.2M |
|
467
CALL
Northrop Grumman
NOC
$82.1B
| $81M | 0.03% |
267,800
+55,100
| +26% | +$19.2M |
|
468
Snap
SNAP
$9.05B
| $80.8M | 0.03% |
6,794,634
+1,849,670
| +37% | +$28.4M |
|
469
UnitedHealth
UNH
$371B
| $80.6M | 0.03% |
323,009
-64,498
| -17% | -$17.7M |
|
470
CALL
Kroger
KR
$34.6B
| $80M | 0.03% |
2,655,000
+580,500
| +28% | +$17M |
|
471
PUT
Centene
CNC
$32.9B
| $79.7M | 0.03% |
1,341,100
+617,400
| +85% | +$37.5M |
|
472
CALL
General Dynamics
GD
$107B
| $79.6M | 0.03% |
601,800
-46,500
| -7% | -$7.72M |
|
473
PUT
Las Vegas Sands
LVS
$29.4B
| $79.4M | 0.03% |
1,868,800
+266,300
| +17% | +$16.1M |
|
|
ALXN
474
DELISTED
Alexion Pharmaceuticals
ALXN
| $78.8M | 0.03% |
877,581
+381,777
| +77% | +$37.5M |
|
475
CALL
Vertex Pharmaceuticals
VRTX
$133B
| $78.5M | 0.03% |
330,100
+218,600
| +196% | +$50.1M |
|
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.