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 | |
|---|---|---|---|---|---|---|
1376
Corning
GLW
$145B
| $15M | ﹤0.01% |
727,908
-389,208
| -35% | -$10.2M |
|
1377
Weibo
WB
$1.9B
| $14.9M | ﹤0.01% |
451,160
+40,460
| +10% | +$1.71M |
|
1378
Okta
OKTA
$26B
| $14.9M | ﹤0.01% |
122,099
+77,939
| +176% | +$9.78M |
|
1379
PUT
Tandem Diabetes Care
TNDM
$1.61B
| $14.9M | ﹤0.01% |
231,800
-13,600
| -6% | -$953K |
|
1380
Vanguard FTSE Europe ETF
VGK
$31.1B
| $14.8M | ﹤0.01% |
342,682
+319,154
| +1,356% | +$16.9M |
|
|
AMRN
1381
PUT
Amarin Corp
AMRN
$294M
| $14.8M | ﹤0.01% |
185,370
-16,730
| -8% | -$5.56M |
|
1382
Caesars Entertainment
CZR
$6.04B
| $14.8M | ﹤0.01% |
1,029,748
+659,574
| +178% | +$30.9M |
|
1383
CALL
Encompass Health
EHC
$12.1B
| $14.8M | ﹤0.01% |
290,367
+211,553
| +268% | +$12.2M |
|
1384
RingCentral
RNG
$5.24B
| $14.8M | ﹤0.01% |
69,658
+64,552
| +1,264% | +$13.3M |
|
|
WWE
1385
DELISTED
World Wrestling Entertainment
WWE
| $14.8M | ﹤0.01% |
434,986
+333,407
| +328% | +$16.2M |
|
1386
PUT
iShares Russell 1000 Value ETF
IWD
$83.8B
| $14.7M | ﹤0.01% |
148,600
+2,000
| +1% | +$249K |
|
1387
CALL
Sony
SONY
$137B
| $14.7M | ﹤0.01% |
1,245,000
-1,401,500
| -53% | -$18.4M |
|
1388
PUT
Travelers Companies
TRV
$77.9B
| $14.7M | ﹤0.01% |
148,300
+60,600
| +69% | +$7.54M |
|
1389
PUT
Mid-America Apartment Communities
MAA
$15.3B
| $14.7M | ﹤0.01% |
142,700
-6,200
| -4% | -$806K |
|
1390
PUT
Corteva
CTVA
$50.7B
| $14.7M | ﹤0.01% |
625,500
+349,900
| +127% | +$9.62M |
|
1391
CALL
Bunge Global
BG
$21.3B
| $14.7M | ﹤0.01% |
358,000
+133,100
| +59% | +$6.51M |
|
1392
PUT
Nice
NICE
$5.8B
| $14.7M | ﹤0.01% |
102,300
+71,800
| +235% | +$11.6M |
|
1393
PUT
iShares MSCI China ETF
MCHI
$6.24B
| $14.7M | ﹤0.01% |
255,900
+217,500
| +566% | +$13.5M |
|
1394
PUT
Perrigo
PRGO
$1.73B
| $14.6M | ﹤0.01% |
303,900
+57,500
| +23% | +$3.08M |
|
1395
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.12B
| $14.6M | ﹤0.01% |
529,275
+417,893
| +375% | +$13.7M |
|
1396
Franco-Nevada
FNV
$46B
| $14.6M | ﹤0.01% |
146,599
+132,704
| +955% | +$14.4M |
|
1397
PUT
Goodyear
GT
$1.76B
| $14.6M | ﹤0.01% |
2,506,100
+142,200
| +6% | +$1.55M |
|
1398
CALL
eHealth
EHTH
$39.1M
| $14.5M | ﹤0.01% |
103,300
+23,800
| +30% | +$2.73M |
|
1399
CALL
Kohl's
KSS
$2.1B
| $14.5M | ﹤0.01% |
996,200
-803,900
| -45% | -$30.1M |
|
|
X
1400
DELISTED
US Steel
X
| $14.5M | ﹤0.01% |
+2,302,345
| New | +$19.3M |
|
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.