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 | |
|---|---|---|---|---|---|---|
626
CALL
Edwards Lifesciences
EW
$53B
| $52.8M | 0.02% |
839,100
+69,000
| +9% | +$4.98M |
|
|
IRBT
627
CALL
DELISTED
iRobot
IRBT
| $52.7M | 0.02% |
1,287,800
-15,400
| -1% | -$739K |
|
628
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $52.6M | 0.02% |
+531,757
| New | +$53.8M |
|
629
Vale
VALE
$63.4B
| $52.6M | 0.02% |
6,339,549
+2,702,119
| +74% | +$29.4M |
|
630
PUT
Norfolk Southern
NSC
$75B
| $52.5M | 0.02% |
359,600
+1,200
| +0.3% | +$222K |
|
631
PUT
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27B
| $52.5M | 0.02% |
199,600
+8,300
| +4% | +$2.81M |
|
|
632
CALL
United States Oil Fund
USO
$1.78B
| $52.4M | 0.02% |
1,554,838
-53,462
| -3% | -$4.12M |
|
633
CALL
Royal Caribbean
RCL
$82.4B
| $52.3M | 0.02% |
1,625,200
+1,336,400
| +463% | +$122M |
|
634
iShares MSCI ACWI ETF
ACWI
$33.3B
| $52.3M | 0.02% |
835,404
+543,576
| +186% | +$40.3M |
|
635
PUT
Mondelez International
MDLZ
$78.5B
| $52.2M | 0.02% |
1,042,900
+435,500
| +72% | +$23.6M |
|
636
PUT
MetLife
MET
$61.7B
| $52.2M | 0.02% |
1,706,300
+92,000
| +6% | +$4.08M |
|
637
PUT
DexCom
DXCM
$33.1B
| $52.1M | 0.02% |
773,600
-1,426,400
| -65% | -$88.8M |
|
|
NEE.PRP
638
DELISTED
NextEra Energy, Inc. 5.279% Corporate Units
NEE.PRP
| $52M | 0.02% |
+1,205,000
| New | +$50.5M |
|
639
PUT
Best Buy
BBY
$17.4B
| $51.9M | 0.02% |
910,900
+157,800
| +21% | +$12.5M |
|
|
PPL
640
CALL
PPL Corp
PPL
$26.3B
| $51.7M | 0.02% |
2,096,600
+331,000
| +19% | +$10.7M |
|
|
COUP
641
PUT
DELISTED
Coupa Software Incorporated
COUP
| $51.7M | 0.02% |
370,000
-309,400
| -46% | -$47.9M |
|
|
XLNX
642
CALL
DELISTED
Xilinx Inc
XLNX
| $51.6M | 0.02% |
662,600
-456,400
| -41% | -$39.8M |
|
643
PUT
Spotify
SPOT
$105B
| $51.6M | 0.02% |
425,000
-91,500
| -18% | -$13M |
|
644
PUT
Viatris
VTRS
$18.7B
| $51.4M | 0.02% |
3,450,600
+1,027,500
| +42% | +$19.7M |
|
645
CALL
eBay
EBAY
$47.9B
| $51M | 0.02% |
1,695,400
+186,900
| +12% | +$6.51M |
|
646
PUT
Virgin Galactic
SPCE
$489M
| $50.4M | 0.02% |
170,605
+151,945
| +814% | +$57.7M |
|
647
PUT
Duke Energy
DUK
$94.5B
| $50.4M | 0.02% |
623,000
+410,800
| +194% | +$37.7M |
|
648
PUT
Martin Marietta Materials
MLM
$33B
| $50.4M | 0.02% |
266,200
+64,400
| +32% | +$15.4M |
|
649
Amgen
AMGN
$226B
| $50.3M | 0.02% |
247,946
-186,746
| -43% | -$40.8M |
|
650
Teladoc Health
TDOC
$1.29B
| $50.1M | 0.02% |
323,202
+184,769
| +133% | +$21.5M |
|
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.