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 | |
|---|---|---|---|---|---|---|
976
CALL
Dropbox
DBX
$7.41B
| $27.6M | 0.01% |
1,527,100
+880,800
| +136% | +$16M |
|
977
Waste Management
WM
$91.2B
| $27.6M | 0.01% |
298,604
+84,960
| +40% | +$9.75M |
|
|
STMP
978
PUT
DELISTED
Stamps.com, Inc.
STMP
| $27.6M | 0.01% |
211,900
-65,400
| -24% | -$6.86M |
|
979
PUT
Vail Resorts
MTN
$5.28B
| $27.5M | 0.01% |
186,000
+121,000
| +186% | +$26M |
|
980
PUT
HubSpot
HUBS
$11B
| $27.4M | 0.01% |
205,900
+20,900
| +11% | +$3.47M |
|
981
PUT
Qorvo
QRVO
$8.48B
| $27.4M | 0.01% |
340,100
-196,000
| -37% | -$19.6M |
|
|
DISH
982
PUT
DELISTED
DISH Network Corp.
DISH
| $27.2M | 0.01% |
1,361,700
-681,200
| -33% | -$22.1M |
|
983
PUT
ProShares Ultra S&P500
SSO
$8.36B
| $27.2M | 0.01% |
2,446,400
-1,396,000
| -36% | -$23.6M |
|
|
BZUN
984
PUT
Baozun
BZUN
$170M
| $27.1M | 0.01% |
970,800
-175,600
| -15% | -$5.53M |
|
985
AT&T
T
$168B
| $27M | 0.01% |
1,226,032
-7,107,536
| -85% | -$194M |
|
986
CALL
Enterprise Products Partners
EPD
$82B
| $27M | 0.01% |
1,887,500
+1,029,600
| +120% | +$23.9M |
|
987
AutoZone
AZO
$49.9B
| $27M | 0.01% |
31,861
-1,249
| -4% | -$1.3M |
|
988
CALL
MGM Resorts International
MGM
$11.1B
| $26.9M | 0.01% |
2,280,000
+1,012,000
| +80% | +$26M |
|
989
United States Natural Gas Fund
UNG
$495M
| $26.9M | 0.01% |
+535,786
| New | +$31.1M |
|
990
PUT
Energy Transfer Partners
ET
$71.8B
| $26.9M | 0.01% |
5,836,800
-3,490,600
| -37% | -$37.2M |
|
991
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $26.8M | 0.01% |
454,728
+61,750
| +16% | +$4.65M |
|
992
PUT
Bath & Body Works
BBWI
$3.84B
| $26.8M | 0.01% |
2,868,232
-349,824
| -11% | -$5.55M |
|
993
PUT
TripAdvisor
TRIP
$1.28B
| $26.7M | 0.01% |
1,533,100
+893,600
| +140% | +$22.6M |
|
994
CALL
Old National Bancorp
ONB
$10.3B
| $26.6M | 0.01% |
2,018,600
-417,800
| -17% | -$6.97M |
|
|
FAZ
995
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$85.6M
| $26.6M | 0.01% |
8,759
+5,054
| +136% | +$13.5M |
|
996
CALL
W.W. Grainger
GWW
$61.2B
| $26.5M | 0.01% |
106,500
-52,100
| -33% | -$15.4M |
|
997
PUT
Madison Square Garden
MSGS
$9.51B
| $26.4M | 0.01% |
174,970
+1,122
| +0.6% | +$218K |
|
998
CALL
Hormel Foods
HRL
$13.4B
| $26.4M | 0.01% |
565,600
+347,700
| +160% | +$15.8M |
|
999
PUT
Cardinal Health
CAH
$56.6B
| $26.4M | 0.01% |
549,800
+52,600
| +11% | +$2.73M |
|
1000
PUT
Burlington
BURL
$22.8B
| $26.2M | 0.01% |
165,200
-270,200
| -62% | -$56.9M |
|
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.