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 | |
|---|---|---|---|---|---|---|
5076
Kodak
KODK
$979M
| $1.13M | ﹤0.01% |
653,861
-10,194
| -2% | -$30.6K |
|
5077
CALL
Advanced Energy
AEIS
$13.2B
| $1.13M | ﹤0.01% |
23,300
+5,800
| +33% | +$368K |
|
5078
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$2.08B
| $1.13M | ﹤0.01% |
29,589
+17,650
| +148% | +$834K |
|
5079
Varonis Systems
VRNS
$5.17B
| $1.13M | ﹤0.01% |
+53,172
| New | +$1.39M |
|
5080
CALL
Erie Indemnity
ERIE
$13.4B
| $1.13M | ﹤0.01% |
7,600
+5,300
| +230% | +$854K |
|
5081
Harrow
HROW
$1.5B
| $1.13M | ﹤0.01% |
294,969
+188,737
| +178% | +$1.12M |
|
5082
CALL
AllianceBernstein
AB
$3.41B
| $1.13M | ﹤0.01% |
60,500
-94,400
| -61% | -$2.79M |
|
5083
Blackbaud
BLKB
$2.05B
| $1.13M | ﹤0.01% |
20,252
+17,380
| +605% | +$1.23M |
|
|
MGP
5084
CALL
DELISTED
MGM Growth Properties LLC Class A common shares representing limited liability company interests
MGP
| $1.12M | ﹤0.01% |
+47,400
| New | +$1.35M |
|
5085
Atmos Energy
ATO
$28.7B
| $1.12M | ﹤0.01% |
11,300
-53,131
| -82% | -$5.84M |
|
5086
iShares iBonds Dec 2026 Term Corporate ETF
IBDR
$3.38B
| $1.12M | ﹤0.01% |
45,667
+31,442
| +221% | +$799K |
|
5087
Ironwood Pharmaceuticals
IRWD
$712M
| $1.12M | ﹤0.01% |
111,135
+88,257
| +386% | +$1.04M |
|
5088
PUT
Arcturus Therapeutics
ARCT
$234M
| $1.12M | ﹤0.01% |
82,400
+42,500
| +107% | +$544K |
|
5089
PUT
Knowles
KN
$3.29B
| $1.12M | ﹤0.01% |
83,700
+41,000
| +96% | +$712K |
|
5090
Invesco S&P 500 BuyWrite ETF
PBP
$362M
| $1.12M | ﹤0.01% |
66,949
-116,406
| -63% | -$2.34M |
|
5091
SLR Investment Corp
SLRC
$703M
| $1.12M | ﹤0.01% |
96,213
+36,654
| +62% | +$667K |
|
5092
Cenovus Energy
CVE
$57.2B
| $1.12M | ﹤0.01% |
553,762
+270,376
| +95% | +$1.9M |
|
5093
CALL
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $1.12M | ﹤0.01% |
+12,500
| New | +$1.11M |
|
5094
State Street SPDR MSCI Emerging Markets StrategicFactors ETF
QEMM
$60.9M
| $1.12M | ﹤0.01% |
+23,864
| New | +$1.32M |
|
|
PSMG
5095
DELISTED
Invesco Growth Multi-Asset Allocation ETF
PSMG
| $1.12M | ﹤0.01% |
+94,094
| New | +$1.32M |
|
|
VG
5096
DELISTED
Vonage Holdings Corporation
VG
| $1.12M | ﹤0.01% |
154,506
+96,471
| +166% | +$786K |
|
|
BCPC
5097
CALL
Balchem Corp
BCPC
$5.69B
| $1.12M | ﹤0.01% |
11,300
-12,900
| -53% | -$1.32M |
|
5098
Atkore
ATKR
$3.17B
| $1.11M | ﹤0.01% |
52,919
+25,290
| +92% | +$906K |
|
5099
Avantis US Equity ETF
AVUS
$14.5B
| $1.11M | ﹤0.01% |
+27,234
| New | +$1.37M |
|
5100
CALL
Kratos Defense & Security Solutions
KTOS
$12.1B
| $1.11M | ﹤0.01% |
80,500
+59,500
| +283% | +$1.03M |
|
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.