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 | |
|---|---|---|---|---|---|---|
901
PUT
KKR & Co
KKR
$99.3B
| $31.5M | 0.01% |
1,340,400
+609,400
| +83% | +$17.5M |
|
902
CALL
Shake Shack
SHAK
$2.88B
| $31.4M | 0.01% |
830,800
+446,800
| +116% | +$26.4M |
|
903
Intuit
INTU
$91.8B
| $31.3M | 0.01% |
135,873
-88,276
| -39% | -$23.9M |
|
904
Charter Communications
CHTR
$18.6B
| $31.2M | 0.01% |
71,594
+15,212
| +27% | +$7.44M |
|
905
CALL
Agnico Eagle Mines
AEM
$91.9B
| $31.2M | 0.01% |
785,000
+30,100
| +4% | +$1.59M |
|
|
KSU
906
CALL
DELISTED
Kansas City Southern
KSU
| $31.2M | 0.01% |
245,300
-90,800
| -27% | -$13.9M |
|
907
PUT
O'Reilly Automotive
ORLY
$75.4B
| $31.2M | 0.01% |
1,554,000
-2,974,500
| -66% | -$76M |
|
908
DexCom
DXCM
$33.3B
| $31.2M | 0.01% |
462,780
+251,576
| +119% | +$15.7M |
|
909
PUT
Linde
LIN
$226B
| $31.1M | 0.01% |
179,900
+88,200
| +96% | +$17.4M |
|
910
Comcast
CMCSA
$90.6B
| $31.1M | 0.01% |
903,488
-462,681
| -34% | -$19.5M |
|
911
PUT
Macy's
M
$6.44B
| $31M | 0.01% |
6,321,700
-451,300
| -7% | -$6.12M |
|
|
AMTD
912
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $31M | 0.01% |
894,200
-936,800
| -51% | -$40.8M |
|
913
CALL
Illinois Tool Works
ITW
$83.8B
| $31M | 0.01% |
217,800
+36,700
| +20% | +$6.24M |
|
914
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $30.9M | 0.01% |
268,200
+258,300
| +2,609% | +$29.4M |
|
915
PUT
TAL Education Group
TAL
$6.78B
| $30.8M | 0.01% |
578,600
+21,900
| +4% | +$1.18M |
|
916
CALL
Planet Fitness
PLNT
$3.64B
| $30.8M | 0.01% |
632,100
+308,700
| +95% | +$21.5M |
|
917
CALL
Best Buy
BBY
$17.5B
| $30.7M | 0.01% |
539,000
-544,700
| -50% | -$43.2M |
|
918
PUT
Moody's
MCO
$83.1B
| $30.7M | 0.01% |
145,200
+62,100
| +75% | +$15.1M |
|
919
VanEck Intermediate Muni ETF
ITM
$2.13B
| $30.5M | 0.01% |
620,726
+607,064
| +4,443% | +$30.4M |
|
|
CERN
920
PUT
DELISTED
Cerner Corp
CERN
| $30.4M | 0.01% |
482,500
+322,900
| +202% | +$23M |
|
921
CALL
Sysco
SYY
$40.3B
| $30.4M | 0.01% |
666,000
+32,800
| +5% | +$2.27M |
|
922
PUT
Albemarle
ALB
$15.3B
| $30.4M | 0.01% |
538,600
-178,400
| -25% | -$13.7M |
|
923
CALL
PG&E
PCG
$37.6B
| $30.3M | 0.01% |
3,369,300
-1,574,600
| -32% | -$20.9M |
|
924
PUT
Hilton Worldwide
HLT
$70.7B
| $30.3M | 0.01% |
443,700
+347,600
| +362% | +$33.9M |
|
925
CALL
Sarepta Therapeutics
SRPT
$1.89B
| $30.2M | 0.01% |
308,800
-1,059,600
| -77% | -$121M |
|
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.