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 | |
|---|---|---|---|---|---|---|
1351
CALL
Moody's
MCO
$82.5B
| $15.5M | ﹤0.01% |
73,300
+32,200
| +78% | +$7.83M |
|
|
RESI
1352
CALL
DELISTED
Front Yard Residential Corporation Common Stock
RESI
| $15.5M | ﹤0.01% |
1,296,100
+9,000
| +0.7% | +$105K |
|
|
AXON
1353
CALL
Axon Enterprise
AXON
$51.7B
| $15.5M | ﹤0.01% |
218,400
+700
| +0.3% | +$52.4K |
|
1354
PUT
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $15.4M | ﹤0.01% |
646,600
+323,900
| +100% | +$9.69M |
|
1355
CALL
Insulet
PODD
$10B
| $15.3M | ﹤0.01% |
92,300
+46,300
| +101% | +$8.46M |
|
1356
KKR & Co
KKR
$99.6B
| $15.3M | ﹤0.01% |
651,458
-57,456
| -8% | -$1.65M |
|
|
FISV
1357
PUT
Fiserv Inc
FISV
$28B
| $15.3M | ﹤0.01% |
160,800
+5,300
| +3% | +$589K |
|
1358
KraneShares CSI China Internet ETF
KWEB
$5.56B
| $15.3M | ﹤0.01% |
337,355
+169,076
| +100% | +$8.33M |
|
1359
PUT
Cleveland-Cliffs
CLF
$7.08B
| $15.3M | ﹤0.01% |
3,861,300
+1,127,100
| +41% | +$7.09M |
|
|
LKFT
1360
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.88B
| $15.2M | ﹤0.01% |
77,800
-16,400
| -17% | -$3.53M |
|
1361
PUT
iShares MSCI Germany ETF
EWG
$1.68B
| $15.2M | ﹤0.01% |
708,700
+99,600
| +16% | +$2.65M |
|
1362
PUT
Canadian Pacific Kansas City
CP
$80.8B
| $15.2M | ﹤0.01% |
345,500
+216,500
| +168% | +$10.7M |
|
|
RDS.A
1363
DELISTED
Royal Dutch Shell PLC ADS Class A
RDS.A
| $15.2M | ﹤0.01% |
434,250
+338,046
| +351% | +$15.8M |
|
1364
PUT
iShares US Healthcare Providers ETF
IHF
$1.25B
| $15.1M | ﹤0.01% |
454,000
+325,000
| +252% | +$12.3M |
|
1365
CALL
Xcel Energy
XEL
$48.5B
| $15.1M | ﹤0.01% |
250,800
+63,500
| +34% | +$4.14M |
|
1366
CALL
iShares S&P 500 Growth ETF
IVW
$76.9B
| $15.1M | ﹤0.01% |
365,600
+42,000
| +13% | +$1.99M |
|
1367
Mondelez International
MDLZ
$78.9B
| $15.1M | ﹤0.01% |
300,732
-195,970
| -39% | -$10.6M |
|
1368
CALL
Tandem Diabetes Care
TNDM
$1.63B
| $15.1M | ﹤0.01% |
234,000
+60,500
| +35% | +$4.24M |
|
1369
CALL
Iovance Biotherapeutics
IOVA
$2.94B
| $15M | ﹤0.01% |
502,200
+132,500
| +36% | +$3.51M |
|
1370
PUT
Axsome Therapeutics
AXSM
$11.3B
| $15M | ﹤0.01% |
255,500
-214,300
| -46% | -$17.5M |
|
1371
PUT
iShares MSCI Canada ETF
EWC
$6.48B
| $15M | ﹤0.01% |
687,500
+574,000
| +506% | +$15.7M |
|
1372
Invitation Homes
INVH
$17.7B
| $15M | ﹤0.01% |
702,521
+355,663
| +103% | +$10.1M |
|
1373
CALL
Weibo
WB
$1.93B
| $15M | ﹤0.01% |
452,700
-321,000
| -41% | -$13.6M |
|
1374
PUT
Quest Diagnostics
DGX
$26.2B
| $15M | ﹤0.01% |
186,400
+142,100
| +321% | +$14.7M |
|
1375
CALL
Guardant Health
GH
$22.2B
| $15M | ﹤0.01% |
215,000
+116,700
| +119% | +$8.96M |
|
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.