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 | |
|---|---|---|---|---|---|---|
476
CALL
Estee Lauder
EL
$32B
| $78.5M | 0.03% |
492,400
+264,600
| +116% | +$51.1M |
|
|
RTN
477
PUT
DELISTED
Raytheon Company
RTN
| $78M | 0.02% |
595,000
-385,800
| -39% | -$76.4M |
|
478
PUT
Petrobras
PBR
$117B
| $78M | 0.02% |
14,186,700
+7,660,200
| +117% | +$91.4M |
|
479
CALL
Enphase Energy
ENPH
$5.58B
| $77.4M | 0.02% |
2,396,300
+1,315,800
| +122% | +$49.6M |
|
480
CALL
Becton Dickinson
BDX
$49.2B
| $77.2M | 0.02% |
344,298
+116,030
| +51% | +$28.7M |
|
481
Coca-Cola
KO
$372B
| $77.1M | 0.02% |
1,741,577
-1,191,441
| -41% | -$64.3M |
|
482
CALL
Norfolk Southern
NSC
$75.1B
| $76.5M | 0.02% |
524,100
+124,600
| +31% | +$23M |
|
483
Bristol-Myers Squibb
BMY
$131B
| $76.3M | 0.02% |
1,368,209
-3,204,144
| -70% | -$196M |
|
484
CALL
Kraft Heinz
KHC
$29.3B
| $76.2M | 0.02% |
3,081,500
+971,900
| +46% | +$26.7M |
|
|
XLNX
485
DELISTED
Xilinx Inc
XLNX
| $75.8M | 0.02% |
972,403
-584,650
| -38% | -$50.9M |
|
486
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.75B
| $75.8M | 0.02% |
6,228
+338
| +6% | +$4.43M |
|
487
PUT
Universal Display
OLED
$4.28B
| $75.7M | 0.02% |
574,700
-173,000
| -23% | -$29.8M |
|
488
CALL
Eaton
ETN
$179B
| $75.7M | 0.02% |
973,800
+235,900
| +32% | +$21.6M |
|
489
PUT
Analog Devices
ADI
$191B
| $75.2M | 0.02% |
838,700
+442,500
| +112% | +$48.4M |
|
|
PARA
490
PUT
DELISTED
Paramount Global Class B
PARA
| $75.2M | 0.02% |
5,366,300
+2,031,700
| +61% | +$58.2M |
|
491
CALL
ConocoPhillips
COP
$149B
| $75M | 0.02% |
2,435,600
+215,300
| +10% | +$11M |
|
492
PUT
MongoDB
MDB
$34.9B
| $74.8M | 0.02% |
547,900
+113,300
| +26% | +$16.7M |
|
493
CALL
Wynn Resorts
WYNN
$10.7B
| $74.3M | 0.02% |
1,234,000
-71,500
| -5% | -$8.01M |
|
494
CALL
Western Digital
WDC
$151B
| $74M | 0.02% |
2,353,617
-128,331
| -5% | -$5.68M |
|
495
CALL
Valero Energy
VLO
$91.6B
| $73.6M | 0.02% |
1,623,300
+234,200
| +17% | +$17M |
|
|
496
CALL
MongoDB
MDB
$34.9B
| $73.2M | 0.02% |
535,800
+83,600
| +18% | +$12.3M |
|
497
CALL
CSX Corp
CSX
$92.8B
| $73.1M | 0.02% |
3,827,100
+438,900
| +13% | +$10.2M |
|
498
PUT
iShares MSCI Mexico ETF
EWW
$1.9B
| $73.1M | 0.02% |
2,577,500
-295,400
| -10% | -$12.3M |
|
|
499
PUT
Enphase Energy
ENPH
$5.58B
| $72.7M | 0.02% |
2,252,700
+377,400
| +20% | +$14.2M |
|
500
PUT
ASML
ASML
$695B
| $72.6M | 0.02% |
277,300
+107,500
| +63% | +$30.6M |
|
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.