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 | |
|---|---|---|---|---|---|---|
826
CALL
Cboe Global Markets
CBOE
$29.5B
| $35.5M | 0.01% |
398,200
-260,200
| -40% | -$29.1M |
|
827
American Tower
AMT
$79.7B
| $35.5M | 0.01% |
163,019
-48,640
| -23% | -$11.3M |
|
828
CALL
KLA
KLAC
$260B
| $35.5M | 0.01% |
2,469,000
-48,000
| -2% | -$773K |
|
829
iShares MSCI South Korea ETF
EWY
$25.8B
| $35.4M | 0.01% |
753,507
+686,261
| +1,021% | +$38.6M |
|
830
PUT
US Bancorp
USB
$100B
| $35.2M | 0.01% |
1,023,000
+72,100
| +8% | +$3.48M |
|
831
McKesson
MCK
$104B
| $35.1M | 0.01% |
259,613
+3,632
| +1% | +$532K |
|
832
PUT
iQIYI
IQ
$1.31B
| $35M | 0.01% |
1,967,800
+912,300
| +86% | +$20.5M |
|
833
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.6B
| $35M | 0.01% |
5,533,500
+1,051,500
| +23% | +$15.9M |
|
834
CALL
Boston Scientific
BSX
$74.2B
| $34.9M | 0.01% |
1,070,200
+116,500
| +12% | +$4.55M |
|
835
CALL
KKR & Co
KKR
$98.8B
| $34.9M | 0.01% |
1,486,900
-588,700
| -28% | -$16.9M |
|
836
Illumina
ILMN
$29.1B
| $34.7M | 0.01% |
130,625
+19,515
| +18% | +$5.46M |
|
837
CALL
WIX.com
WIX
$2.74B
| $34.6M | 0.01% |
343,200
+167,700
| +96% | +$21.9M |
|
838
PUT
Public Storage
PSA
$60.6B
| $34.6M | 0.01% |
174,000
+52,200
| +43% | +$11.2M |
|
839
PUT
Alnylam Pharmaceuticals
ALNY
$29.4B
| $34.5M | 0.01% |
316,500
-91,500
| -22% | -$10.6M |
|
840
Workday
WDAY
$45.2B
| $34.4M | 0.01% |
264,429
-65,815
| -20% | -$11.1M |
|
841
CALL
Digital Realty Trust
DLR
$70.9B
| $34.3M | 0.01% |
247,200
+67,100
| +37% | +$8.53M |
|
842
PUT
Archer Daniels Midland
ADM
$38.5B
| $34.3M | 0.01% |
975,100
+205,200
| +27% | +$8.39M |
|
843
CALL
Corpay
CPAY
$26.8B
| $34.3M | 0.01% |
183,800
-56,600
| -24% | -$15.6M |
|
844
PUT
TJX Companies
TJX
$173B
| $34.3M | 0.01% |
717,100
+337,600
| +89% | +$19.4M |
|
845
Petrobras
PBR
$116B
| $34.2M | 0.01% |
6,223,071
+4,399,568
| +241% | +$52.5M |
|
846
PUT
MGM Resorts International
MGM
$11B
| $34.2M | 0.01% |
2,897,700
+2,140,700
| +283% | +$55.1M |
|
847
CALL
Madison Square Garden
MSGS
$9.51B
| $34.1M | 0.01% |
226,143
+32,667
| +17% | +$6.33M |
|
848
PUT
Chubb
CB
$134B
| $34M | 0.01% |
304,800
+244,700
| +407% | +$35.1M |
|
|
HTZ
849
PUT
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $34M | 0.01% |
5,497,500
+2,764,500
| +101% | +$37.4M |
|
850
PUT
AB InBev
BUD
$159B
| $33.8M | 0.01% |
767,100
-5,000
| -0.6% | -$326K |
|
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.