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 | |
|---|---|---|---|---|---|---|
1601
CALL
Cintas
CTAS
$80.3B
| $11.2M | ﹤0.01% |
258,000
+114,800
| +80% | +$7.5M |
|
1602
Southwest Airlines
LUV
$22B
| $11.2M | ﹤0.01% |
313,568
-90,045
| -22% | -$4.46M |
|
|
MRSH
1603
PUT
Marsh
MRSH
$90B
| $11.2M | ﹤0.01% |
129,100
+126,200
| +4,352% | +$13.5M |
|
1604
CALL
Fox Class A
FOXA
$27.5B
| $11.2M | ﹤0.01% |
472,200
+149,000
| +46% | +$4.9M |
|
|
FTCH
1605
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $11.1M | ﹤0.01% |
1,410,557
-5,716
| -0.4% | -$61.7K |
|
|
DISH
1606
CALL
DELISTED
DISH Network Corp.
DISH
| $11.1M | ﹤0.01% |
555,300
-740,600
| -57% | -$24M |
|
|
CHL
1607
DELISTED
China Mobile Limited
CHL
| $11.1M | ﹤0.01% |
294,701
+173,253
| +143% | +$6.96M |
|
1608
CALL
Idexx Laboratories
IDXX
$44.7B
| $11.1M | ﹤0.01% |
45,800
+21,600
| +89% | +$5.64M |
|
1609
CALL
Chegg
CHGG
$89.3M
| $11.1M | ﹤0.01% |
310,000
+247,800
| +398% | +$9.68M |
|
1610
CALL
Teradyne
TER
$64.2B
| $11.1M | ﹤0.01% |
204,100
+87,900
| +76% | +$5.58M |
|
1611
CALL
ProShares Ultra QQQ
QLD
$14.4B
| $11.1M | ﹤0.01% |
987,200
-340,800
| -26% | -$5.1M |
|
|
GWPH
1612
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $11.1M | ﹤0.01% |
126,200
-43,100
| -25% | -$4.56M |
|
1613
PUT
Capri Holdings
CPRI
$1.77B
| $11M | ﹤0.01% |
1,023,500
-735,600
| -42% | -$19.3M |
|
1614
PUT
Unisys
UIS
$210M
| $11M | ﹤0.01% |
893,600
+698,000
| +357% | +$8.93M |
|
1615
PUT
Tyler Technologies
TYL
$13.5B
| $11M | ﹤0.01% |
37,100
+17,800
| +92% | +$5.52M |
|
1616
PUT
ProShares Short S&P500
SH
$839M
| $11M | ﹤0.01% |
99,375
+92,475
| +1,340% | +$9.34M |
|
1617
PUT
Rogers Communications
RCI
$19.7B
| $11M | ﹤0.01% |
264,700
+225,900
| +582% | +$10.6M |
|
1618
CALL
Macy's
M
$6.27B
| $11M | ﹤0.01% |
2,236,600
-4,036,400
| -64% | -$54.7M |
|
1619
Philip Morris
PM
$294B
| $11M | ﹤0.01% |
150,281
-322,605
| -68% | -$26.5M |
|
1620
PUT
ProShares UltraPro Short Dow 30
SDOW
$185M
| $11M | ﹤0.01% |
14,206
+9,006
| +173% | +$6.47M |
|
|
BNY
1621
CALL
Bank of New York Mellon
BNY
$110B
| $10.9M | ﹤0.01% |
325,000
-96,900
| -23% | -$4.07M |
|
1622
Tandem Diabetes Care
TNDM
$1.61B
| $10.9M | ﹤0.01% |
170,074
-12,998
| -7% | -$911K |
|
1623
PUT
SAP
SAP
$242B
| $10.9M | ﹤0.01% |
98,900
+23,900
| +32% | +$3.01M |
|
1624
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $10.9M | ﹤0.01% |
365,400
-528,600
| -59% | -$22.6M |
|
1625
PUT
Sysco
SYY
$40B
| $10.9M | ﹤0.01% |
238,200
+203,900
| +594% | +$14.1M |
|
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.