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 | |
|---|---|---|---|---|---|---|
|
MDRX
7251
DELISTED
Veradigm Inc. Common Stock
MDRX
| $420K | ﹤0.01% |
59,658
+18,512
| +45% | +$150K |
|
|
TUFN
7252
DELISTED
Tufin Software Technologies Ltd.
TUFN
| $420K | ﹤0.01% |
47,868
-13,719
| -22% | -$171K |
|
|
WMC
7253
PUT
DELISTED
Western Asset Mortgage Capital Corporation
WMC
| $420K | ﹤0.01% |
18,340
+15,390
| +522% | +$1.4M |
|
|
ALE
7254
CALL
DELISTED
Allete
ALE
| $419K | ﹤0.01% |
6,900
+3,400
| +97% | +$257K |
|
7255
Barrett Business Services
BBSI
$781M
| $419K | ﹤0.01% |
42,268
+11,684
| +38% | +$204K |
|
7256
CareTrust REIT
CTRE
$9.16B
| $419K | ﹤0.01% |
28,315
+8,145
| +40% | +$162K |
|
7257
Matthews International
MATW
$725M
| $419K | ﹤0.01% |
+17,304
| New | +$551K |
|
7258
PUT
Matsons
MATX
$6.5B
| $419K | ﹤0.01% |
13,700
+6,600
| +93% | +$233K |
|
7259
CALL
Morningstar
MORN
$7.78B
| $419K | ﹤0.01% |
3,600
-39,300
| -92% | -$5.69M |
|
7260
CALL
Manitowoc
MTW
$746M
| $419K | ﹤0.01% |
49,300
+3,600
| +8% | +$47K |
|
7261
CALL
WPP
WPP
$5.8B
| $419K | ﹤0.01% |
12,400
-48,100
| -80% | -$2.61M |
|
7262
iShares Dow Jones US ETF
IYY
$3.09B
| $418K | ﹤0.01% |
6,634
-16,678
| -72% | -$1.26M |
|
7263
PUT
Enviri
NVRI
$579M
| $418K | ﹤0.01% |
59,900
+49,500
| +476% | +$676K |
|
7264
Pricesmart
PSMT
$5.56B
| $418K | ﹤0.01% |
7,946
-54,814
| -87% | -$3.2M |
|
7265
Westamerica Bancorp
WABC
$1.38B
| $418K | ﹤0.01% |
+7,103
| New | +$442K |
|
7266
PUT
Q32 Bio
QTTB
$451M
| $418K | ﹤0.01% |
1,494
-284
| -16% | -$87K |
|
|
INVX
7267
Innovex International
INVX
$2.18B
| $418K | ﹤0.01% |
13,690
-564
| -4% | -$22K |
|
|
PENG
7268
CALL
Penguin Solutions Inc
PENG
$3.27B
| $418K | ﹤0.01% |
34,400
-78,800
| -70% | -$1.15M |
|
|
DRR
7269
DELISTED
Market Vectors Double Short Euro ETN
DRR
| $418K | ﹤0.01% |
6,628
+633
| +11% | +$41.7K |
|
7270
Schneider National
SNDR
$6.33B
| $417K | ﹤0.01% |
+21,562
| New | +$447K |
|
7271
ProShares Ultra Real Estate
URE
$60.3M
| $417K | ﹤0.01% |
9,574
+2,937
| +44% | +$232K |
|
|
USLV
7272
DELISTED
VelocitySharesTM 3x Long Silver ETN linked to the S&P GSCI Silver Index ER
USLV
| $417K | ﹤0.01% |
11,417
+4,949
| +77% | +$377K |
|
7273
PUT
CNO Financial Group
CNO
$5.11B
| $416K | ﹤0.01% |
+33,600
| New | +$551K |
|
|
NOAH
7274
PUT
Noah Holdings
NOAH
$592M
| $416K | ﹤0.01% |
16,100
-11,300
| -41% | -$356K |
|
|
BCOV
7275
PUT
DELISTED
Brightcove, Inc.
BCOV
| $416K | ﹤0.01% |
59,700
+32,700
| +121% | +$263K |
|
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.