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 | |
|---|---|---|---|---|---|---|
701
PUT
State Street SPDR S&P Retail ETF
XRT
$652M
| $43.9M | 0.01% |
1,472,900
+290,000
| +25% | +$11.7M |
|
702
PUT
Trip.com Group
TCOM
$29.7B
| $43.8M | 0.01% |
1,869,800
+1,047,300
| +127% | +$32.6M |
|
703
PUT
Motorola Solutions
MSI
$76.5B
| $43.7M | 0.01% |
328,800
+37,300
| +13% | +$6.26M |
|
704
CALL
Prudential Financial
PRU
$42.1B
| $43.4M | 0.01% |
832,200
+188,200
| +29% | +$15M |
|
705
PUT
Dow Inc
DOW
$22.1B
| $43.4M | 0.01% |
1,483,900
+686,900
| +86% | +$29.2M |
|
706
CALL
Yum! Brands
YUM
$39.7B
| $43.4M | 0.01% |
632,800
-46,600
| -7% | -$4.35M |
|
707
Broadcom
AVGO
$2.01T
| $43.3M | 0.01% |
1,827,960
-585,440
| -24% | -$16.5M |
|
708
CALL
Aflac
AFL
$61.1B
| $43.2M | 0.01% |
1,262,900
+254,000
| +25% | +$11.6M |
|
709
iShares Russell 2000 Growth ETF
IWO
$14.9B
| $43.1M | 0.01% |
272,635
+266,927
| +4,676% | +$53M |
|
710
PUT
SolarEdge
SEDG
$1.98B
| $43M | 0.01% |
525,600
-206,300
| -28% | -$21.8M |
|
711
CALL
Consolidated Edison
ED
$39.3B
| $42.9M | 0.01% |
550,400
+266,900
| +94% | +$23.4M |
|
712
PUT
iShares MSCI USA Min Vol Factor ETF
USMV
$24.4B
| $42.7M | 0.01% |
790,700
+741,800
| +1,517% | +$47.1M |
|
713
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $42.7M | 0.01% |
2,656,000
+499,300
| +23% | +$10.8M |
|
|
AGN
714
CALL
DELISTED
Allergan plc
AGN
| $42.7M | 0.01% |
241,100
-1,018,900
| -81% | -$192M |
|
715
PUT
Sarepta Therapeutics
SRPT
$1.81B
| $42.7M | 0.01% |
436,100
-433,800
| -50% | -$49.6M |
|
716
JPMorgan Ultra-Short Income ETF
JPST
$40.6B
| $42.6M | 0.01% |
+858,552
| New | +$43.2M |
|
717
CALL
Wheaton Precious Metals
WPM
$60.6B
| $42.4M | 0.01% |
1,541,900
-166,900
| -10% | -$4.82M |
|
718
PUT
Edwards Lifesciences
EW
$53B
| $42.4M | 0.01% |
674,700
-153,900
| -19% | -$11.1M |
|
719
PUT
Microchip Technology
MCHP
$44.2B
| $42.4M | 0.01% |
1,250,800
+193,200
| +18% | +$9.09M |
|
|
GRUB
720
CALL
DELISTED
Just Eat Takeaway.com N.V. American Depositary Shares
GRUB
| $42.4M | 0.01% |
520,450
-306,650
| -37% | -$30.1M |
|
|
HES
721
CALL
DELISTED
Hess
HES
| $42.4M | 0.01% |
1,272,800
+197,500
| +18% | +$10.7M |
|
722
PUT
Live Nation Entertainment
LYV
$43B
| $42.3M | 0.01% |
930,500
+845,700
| +997% | +$52.2M |
|
723
Delta Air Lines
DAL
$58.7B
| $42.2M | 0.01% |
1,480,655
+691,722
| +88% | +$34.3M |
|
724
CALL
GDS Holdings
GDS
$6.29B
| $42.1M | 0.01% |
725,900
-157,900
| -18% | -$8.8M |
|
725
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.62B
| $42M | 0.01% |
1,277,319
+749,003
| +142% | +$49.6M |
|
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.