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 | |
|---|---|---|---|---|---|---|
|
AIFU
7826
CALL
AIFU Inc
AIFU
$215M
| $316K | ﹤0.01% |
39
-49
| -56% | -$439K |
|
7827
CALL
AZZ Inc
AZZ
$4.55B
| $315K | ﹤0.01% |
11,200
-20,300
| -64% | -$777K |
|
7828
PUT
Compañía de Minas Buenaventura
BVN
$8.57B
| $315K | ﹤0.01% |
43,200
-22,200
| -34% | -$253K |
|
7829
BILL Holdings
BILL
$4.96B
| $314K | ﹤0.01% |
9,187
-733
| -7% | -$34.7K |
|
7830
Global X Guru Index ETF
GURU
$64.4M
| $314K | ﹤0.01% |
11,563
-15,844
| -58% | -$529K |
|
7831
PUT
HCI Group
HCI
$2.29B
| $314K | ﹤0.01% |
+7,800
| New | +$337K |
|
7832
PUT
KBR
KBR
$4.84B
| $314K | ﹤0.01% |
15,200
+3,000
| +25% | +$77.5K |
|
|
SEM
7833
CALL
DELISTED
Select Medical
SEM
| $314K | ﹤0.01% |
38,790
-376,768
| -91% | -$4.48M |
|
7834
PUT
United States 12 Month Oil Fund,
USL
$45.7M
| $314K | ﹤0.01% |
+25,600
| New | +$480K |
|
7835
Davis Select International ETF
DINT
$292M
| $313K | ﹤0.01% |
+21,023
| New | +$376K |
|
7836
ProShares UltraShort Utilities
SDP
$4.14M
| $313K | ﹤0.01% |
2,659
+911
| +52% | +$106K |
|
7837
PUT
California Water Service
CWT
$3.12B
| $312K | ﹤0.01% |
6,200
+800
| +15% | +$41.5K |
|
7838
iShares MSCI Singapore ETF
EWS
$1.17B
| $312K | ﹤0.01% |
+17,999
| New | +$391K |
|
7839
Nabors Industries
NBR
$1.39B
| $312K | ﹤0.01% |
15,978
+3,684
| +30% | +$337K |
|
7840
PUT
Novanta
NOVT
$6.3B
| $312K | ﹤0.01% |
3,900
-1,900
| -33% | -$170K |
|
7841
CALL
Nu Skin
NUS
$234M
| $312K | ﹤0.01% |
14,300
-32,300
| -69% | -$972K |
|
7842
PUT
Stewart Information Services
STC
$2.08B
| $312K | ﹤0.01% |
11,700
-36,100
| -76% | -$1.33M |
|
|
MINI
7843
DELISTED
Mobile Mini Inc
MINI
| $312K | ﹤0.01% |
11,898
+5,273
| +80% | +$192K |
|
|
DJCI
7844
DELISTED
ETRACS Linked to the Bloomberg Commodity Index Total Return due October 31, 2039
DJCI
| $312K | ﹤0.01% |
27,790
-13,828
| -33% | -$188K |
|
7845
Acco Brands
ACCO
$401M
| $311K | ﹤0.01% |
61,581
+4,141
| +7% | +$32.8K |
|
7846
Cullen/Frost Bankers
CFR
$10.6B
| $311K | ﹤0.01% |
5,571
-6,287
| -53% | -$513K |
|
7847
Fidelity Value Factor ETF
FVAL
$1.38B
| $311K | ﹤0.01% |
11,053
-23,471
| -68% | -$820K |
|
7848
Hull Tactical US ETF
HTUS
$164M
| $311K | ﹤0.01% |
+15,201
| New | +$376K |
|
7849
PUT
Monro
MNRO
$359M
| $311K | ﹤0.01% |
7,100
-9,300
| -57% | -$564K |
|
|
POLY
7850
DELISTED
Plantronics, Inc.
POLY
| $311K | ﹤0.01% |
30,893
+9,949
| +48% | +$186K |
|
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.