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 | |
|---|---|---|---|---|---|---|
|
BITA
7276
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $416K | ﹤0.01% |
40,000
-61,100
| -60% | -$853K |
|
|
AMWD
7277
CALL
DELISTED
American Woodmark
AMWD
| $415K | ﹤0.01% |
9,100
-5,600
| -38% | -$518K |
|
7278
FormFactor
FORM
$10.3B
| $415K | ﹤0.01% |
+20,645
| New | +$493K |
|
7279
Pebblebrook Hotel Trust
PEB
$2.06B
| $415K | ﹤0.01% |
38,133
+20,641
| +118% | +$420K |
|
7280
Raymond James Financial
RJF
$34.8B
| $415K | ﹤0.01% |
9,857
-39,072
| -80% | -$2.2M |
|
7281
PUT
Spectrum Brands
SPB
$2.07B
| $415K | ﹤0.01% |
11,400
-52,200
| -82% | -$2.82M |
|
7282
Teekay
TK
$1.09B
| $415K | ﹤0.01% |
131,263
-207,550
| -61% | -$748K |
|
|
QSIG
7283
WisdomTree U.S. Short Term Corporate Bond Fund
QSIG
$53.1M
| $415K | ﹤0.01% |
+8,322
| New | +$420K |
|
7284
Boston Properties
BXP
$10.9B
| $414K | ﹤0.01% |
4,484
-36,738
| -89% | -$4.73M |
|
7285
CALL
Groupon
GRPN
$875M
| $414K | ﹤0.01% |
21,140
+5,275
| +33% | +$208K |
|
7286
Belden
BDC
$5.31B
| $413K | ﹤0.01% |
11,459
+6,158
| +116% | +$282K |
|
7287
PUT
iShares US Telecommunications ETF
IYZ
$1.23B
| $413K | ﹤0.01% |
16,600
+2,900
| +21% | +$82.6K |
|
7288
Mueller Industries
MLI
$14.6B
| $413K | ﹤0.01% |
68,972
+38,048
| +123% | +$273K |
|
7289
ProShares S&P 500 ex-Financials ETF
SPXN
$80.7M
| $413K | ﹤0.01% |
+15,110
| New | +$480K |
|
7290
CALL
S&T Bancorp
STBA
$1.8B
| $413K | ﹤0.01% |
+15,100
| New | +$527K |
|
|
UHT
7291
CALL
Universal Health Realty Income Trust
UHT
$574M
| $413K | ﹤0.01% |
4,100
-300
| -7% | -$33.1K |
|
7292
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $413K | ﹤0.01% |
5,431
-226
| -4% | -$23.2K |
|
7293
Exicure
XCUR
$7.97M
| $413K | ﹤0.01% |
1,862
+1,142
| +159% | +$361K |
|
7294
PUT
Global Net Lease
GNL
$2.03B
| $412K | ﹤0.01% |
30,800
+1,000
| +3% | +$18.6K |
|
7295
HUB Group
HUBG
$2.46B
| $412K | ﹤0.01% |
+18,126
| New | +$455K |
|
7296
SPX Corp
SPXC
$10.9B
| $412K | ﹤0.01% |
12,631
+3,051
| +32% | +$137K |
|
|
WDR
7297
CALL
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $412K | ﹤0.01% |
36,200
-49,800
| -58% | -$743K |
|
|
CARM
7298
DELISTED
Carisma Therapeutics
CARM
| $411K | ﹤0.01% |
36,622
+4,335
| +13% | +$71K |
|
7299
Horace Mann Educators
HMN
$2.13B
| $411K | ﹤0.01% |
+11,233
| New | +$464K |
|
|
7300
CALL
Pebblebrook Hotel Trust
PEB
$2.06B
| $411K | ﹤0.01% |
+37,700
| New | +$767K |
|
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.