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 | |
|---|---|---|---|---|---|---|
551
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.59B
| $63.3M | 0.02% |
2,446,800
+998,400
| +69% | +$28.3M |
|
|
DOCU
552
PUT
DocuSign
DOCU
$11.4B
| $63.3M | 0.02% |
685,500
-390,800
| -36% | -$31.4M |
|
553
CALL
BHP
BHP
$230B
| $63.3M | 0.02% |
1,932,940
+1,051,610
| +119% | +$43.9M |
|
554
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.3B
| $63.1M | 0.02% |
665,700
+5,000
| +0.8% | +$525K |
|
555
PUT
Ferrari
RACE
$71.5B
| $63M | 0.02% |
412,600
-111,800
| -21% | -$18M |
|
556
Costco
COST
$423B
| $62.8M | 0.02% |
220,275
-585,518
| -73% | -$178M |
|
557
CALL
American Electric Power
AEP
$66.9B
| $62.6M | 0.02% |
783,000
-111,800
| -12% | -$10.6M |
|
558
CALL
Intuit
INTU
$91.5B
| $62.3M | 0.02% |
270,900
-16,400
| -6% | -$4.44M |
|
559
Cigna
CI
$73.6B
| $62.3M | 0.02% |
351,524
-344,964
| -50% | -$66.9M |
|
560
PUT
Snap
SNAP
$9.05B
| $62.3M | 0.02% |
5,237,400
-5,468,700
| -51% | -$83.9M |
|
561
CALL
Rio Tinto
RIO
$166B
| $61.9M | 0.02% |
1,358,600
+403,400
| +42% | +$20.7M |
|
|
X
562
PUT
DELISTED
US Steel
X
| $61.9M | 0.02% |
9,802,200
+2,943,100
| +43% | +$24.7M |
|
563
PayPal
PYPL
$50.5B
| $61.8M | 0.02% |
645,618
-940,739
| -59% | -$104M |
|
564
CALL
Southwest Airlines
LUV
$22B
| $61.4M | 0.02% |
1,723,400
+1,093,800
| +174% | +$54.2M |
|
565
CALL
NetEase
NTES
$85.4B
| $61M | 0.02% |
950,000
-1,060,000
| -53% | -$69.7M |
|
|
566
PUT
Southwest Airlines
LUV
$22B
| $60.8M | 0.02% |
1,708,200
+1,115,400
| +188% | +$55.3M |
|
|
PPLI
567
PUT
People Inc
PPLI
$3.03B
| $60.6M | 0.02% |
1,891,248
-3,357
| -0.2% | -$133K |
|
568
CALL
Chubb
CB
$134B
| $60.4M | 0.02% |
541,100
+286,600
| +113% | +$41.1M |
|
569
CALL
Automatic Data Processing
ADP
$109B
| $60.4M | 0.02% |
441,900
+119,000
| +37% | +$19.2M |
|
570
CALL
Hilton Worldwide
HLT
$70B
| $60.3M | 0.02% |
884,000
+652,200
| +281% | +$63.5M |
|
|
B
571
Barrick Mining
B
$68.5B
| $60.3M | 0.02% |
3,288,826
+345,796
| +12% | +$6.48M |
|
|
VMW
572
CALL
DELISTED
VMware, Inc
VMW
| $59.8M | 0.02% |
493,900
-82,300
| -14% | -$11.3M |
|
573
CALL
MetLife
MET
$61.7B
| $59.7M | 0.02% |
1,954,100
-283,600
| -13% | -$12.6M |
|
574
CALL
iShares Silver Trust
SLV
$32B
| $59.7M | 0.02% |
4,574,800
-6,487,900
| -59% | -$102M |
|
575
CALL
US Bancorp
USB
$100B
| $59.4M | 0.02% |
1,722,800
-350,700
| -17% | -$16.9M |
|
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.