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 | |
|---|---|---|---|---|---|---|
|
BZUN
1076
CALL
Baozun
BZUN
$169M
| $23M | 0.01% |
822,500
+183,400
| +29% | +$5.78M |
|
1077
CALL
KraneShares CSI China Internet ETF
KWEB
$5.56B
| $22.9M | 0.01% |
506,900
-73,400
| -13% | -$3.61M |
|
1078
iShares Russell 2000 Value ETF
IWN
$14.6B
| $22.9M | 0.01% |
278,768
-107,955
| -28% | -$12.1M |
|
1079
Applied Materials
AMAT
$417B
| $22.9M | 0.01% |
498,963
+177,098
| +55% | +$10.2M |
|
1080
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$102M
| $22.8M | 0.01% |
985
-958
| -49% | -$14.3M |
|
1081
PUT
WisdomTree India Earnings Fund ETF
EPI
$2.05B
| $22.7M | 0.01% |
1,403,000
-308,700
| -18% | -$6.88M |
|
1082
PUT
Under Armour
UAA
$2.29B
| $22.7M | 0.01% |
2,466,600
+129,800
| +6% | +$2.09M |
|
1083
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$341M
| $22.7M | 0.01% |
217,700
-47,200
| -18% | -$4.93M |
|
|
K
1084
CALL
DELISTED
Kellanova
K
| $22.7M | 0.01% |
402,783
-1,172
| -0.3% | -$71.9K |
|
1085
Universal Display
OLED
$4.32B
| $22.6M | 0.01% |
171,494
+108,842
| +174% | +$18.7M |
|
1086
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $22.6M | 0.01% |
672,700
-148,600
| -18% | -$6.06M |
|
1087
CALL
ON Semiconductor
ON
$31.6B
| $22.6M | 0.01% |
1,813,000
+848,400
| +88% | +$16.6M |
|
1088
ProShares VIX Mid-Term Futures ETF
VIXM
$94.5M
| $22.5M | 0.01% |
585,218
+211,888
| +57% | +$5.44M |
|
1089
CALL
Bath & Body Works
BBWI
$3.81B
| $22.5M | 0.01% |
2,403,491
+654,497
| +37% | +$10.4M |
|
1090
CALL
Restaurant Brands International
QSR
$25.6B
| $22.4M | 0.01% |
559,800
+439,800
| +367% | +$24.9M |
|
1091
CALL
Royal Gold
RGLD
$19.8B
| $22.4M | 0.01% |
255,400
+87,600
| +52% | +$9.04M |
|
|
CZR
1092
CALL
DELISTED
Caesars Entertainment Corporation
CZR
| $22.4M | 0.01% |
3,311,500
-1,866,600
| -36% | -$21.9M |
|
1093
PUT
CoStar Group
CSGP
$12.6B
| $22.4M | 0.01% |
381,000
+108,000
| +40% | +$7.04M |
|
1094
Tyson Foods
TSN
$19.9B
| $22.4M | 0.01% |
386,574
-150,506
| -28% | -$11.2M |
|
1095
CALL
Cognizant
CTSH
$26.4B
| $22.3M | 0.01% |
479,900
+132,200
| +38% | +$7.88M |
|
|
CGC
1096
Canopy Growth
CGC
$422M
| $22.3M | 0.01% |
154,459
-103,319
| -40% | -$19.4M |
|
1097
CALL
Ross Stores
ROST
$80.8B
| $22M | 0.01% |
253,400
-109,000
| -30% | -$11.6M |
|
|
RAD
1098
PUT
DELISTED
Rite Aid Corporation
RAD
| $22M | 0.01% |
1,469,100
-717,400
| -33% | -$10M |
|
1099
CALL
VeriSign
VRSN
$26B
| $22M | 0.01% |
122,300
+40,200
| +49% | +$7.9M |
|
1100
CALL
Yum China
YUMC
$16.3B
| $22M | 0.01% |
515,300
+97,600
| +23% | +$4.35M |
|
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.