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 | |
|---|---|---|---|---|---|---|
926
PUT
Stryker
SYK
$134B
| $30.2M | 0.01% |
181,100
+91,400
| +102% | +$17.9M |
|
927
CALL
Vale
VALE
$60.8B
| $30.1M | 0.01% |
3,627,100
+2,189,500
| +152% | +$23.8M |
|
928
Palo Alto Networks
PANW
$311B
| $30.1M | 0.01% |
1,100,094
+355,944
| +48% | +$12.4M |
|
929
JPMorgan Chase
JPM
$963B
| $30.1M | 0.01% |
333,840
-1,675,544
| -83% | -$204M |
|
|
SAFM
930
PUT
DELISTED
Sanderson Farms Inc
SAFM
| $30M | 0.01% |
243,100
+217,300
| +842% | +$30.3M |
|
931
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.62B
| $30M | 0.01% |
919,100
-961,600
| -51% | -$47.1M |
|
|
IRBT
932
PUT
DELISTED
iRobot
IRBT
| $29.9M | 0.01% |
732,200
-292,800
| -29% | -$14M |
|
933
CALL
Carvana
CVNA
$79.4B
| $29.9M | 0.01% |
2,713,000
+223,000
| +9% | +$3.45M |
|
934
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $29.9M | 0.01% |
337,375
+250,151
| +287% | +$24.3M |
|
935
CALL
Credit Acceptance
CACC
$5.96B
| $29.9M | 0.01% |
116,800
+77,300
| +196% | +$31.2M |
|
936
PUT
Novartis
NVS
$295B
| $29.9M | 0.01% |
362,200
-46,600
| -11% | -$4.16M |
|
937
PUT
BioMarin Pharmaceuticals
BMRN
$13.4B
| $29.8M | 0.01% |
353,200
-162,600
| -32% | -$14M |
|
938
CALL
Chewy
CHWY
$9.26B
| $29.8M | 0.01% |
796,000
-582,300
| -42% | -$17.1M |
|
939
PUT
Dropbox
DBX
$7.46B
| $29.8M | 0.01% |
1,648,600
+285,800
| +21% | +$5.2M |
|
940
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $29.7M | 0.01% |
+594,286
| New | +$30.2M |
|
941
Boston Scientific
BSX
$74.2B
| $29.5M | 0.01% |
905,216
+562,132
| +164% | +$22M |
|
942
PUT
Invesco CurrencyShares British Pound Sterling Trust
FXB
$64.9M
| $29.5M | 0.01% |
244,500
-45,700
| -16% | -$5.66M |
|
943
PUT
Zebra Technologies
ZBRA
$18.1B
| $29.3M | 0.01% |
159,600
-148,600
| -48% | -$33.4M |
|
|
FL
944
CALL
DELISTED
Foot Locker
FL
| $29.3M | 0.01% |
1,328,500
-430,000
| -24% | -$14.6M |
|
945
Zoom
ZM
$31B
| $29.3M | 0.01% |
200,460
-72,812
| -27% | -$7.18M |
|
|
HES
946
PUT
DELISTED
Hess
HES
| $29.3M | 0.01% |
879,100
-7,300
| -0.8% | -$395K |
|
947
CALL
Cencora
COR
$63.2B
| $29.1M | 0.01% |
328,600
+119,900
| +57% | +$10.6M |
|
948
CALL
Parker-Hannifin
PH
$135B
| $29M | 0.01% |
223,400
+164,400
| +279% | +$29.8M |
|
949
CALL
FirstEnergy
FE
$27.2B
| $28.9M | 0.01% |
721,800
+166,000
| +30% | +$7.71M |
|
950
Marvell Technology
MRVL
$188B
| $28.8M | 0.01% |
1,270,701
-828,403
| -39% | -$19.9M |
|
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.