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 | |
|---|---|---|---|---|---|---|
1676
CALL
BorgWarner
BWA
$13.8B
| $10.4M | ﹤0.01% |
483,482
+357,840
| +285% | +$10.3M |
|
1677
Bunge Global
BG
$21.7B
| $10.4M | ﹤0.01% |
252,386
-167,574
| -40% | -$8.2M |
|
1678
F5
FFIV
$23.6B
| $10.3M | ﹤0.01% |
97,031
+73,354
| +310% | +$8.97M |
|
1679
PUT
Hartford Financial Services
HIG
$37.8B
| $10.3M | ﹤0.01% |
293,400
+229,400
| +358% | +$12M |
|
1680
CALL
FIVE9
FIVN
$2.53B
| $10.3M | ﹤0.01% |
135,100
+47,200
| +54% | +$3.36M |
|
1681
Burlington
BURL
$22.4B
| $10.3M | ﹤0.01% |
65,089
+6,560
| +11% | +$1.38M |
|
1682
CALL
Canadian Solar
CSIQ
$1.04B
| $10.3M | ﹤0.01% |
647,900
-781,900
| -55% | -$15.8M |
|
1683
PUT
Nutrien
NTR
$32.2B
| $10.3M | ﹤0.01% |
303,600
-234,400
| -44% | -$9.38M |
|
|
LSI
1684
DELISTED
Life Storage, Inc.
LSI
| $10.3M | ﹤0.01% |
163,428
+123,624
| +311% | +$8.83M |
|
1685
CALL
Stellantis
STLA
$20.2B
| $10.3M | ﹤0.01% |
1,429,100
-1,807,900
| -56% | -$21.4M |
|
1686
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $10.3M | ﹤0.01% |
98,500
-46,600
| -32% | -$4.87M |
|
1687
PUT
Synopsys
SNPS
$78.8B
| $10.3M | ﹤0.01% |
79,700
+31,100
| +64% | +$4.42M |
|
1688
PUT
WD-40
WDFC
$3.09B
| $10.3M | ﹤0.01% |
51,100
+33,400
| +189% | +$6.29M |
|
1689
CALL
FMC
FMC
$1.27B
| $10.3M | ﹤0.01% |
125,600
+70,600
| +128% | +$6.55M |
|
1690
CALL
Acadia Pharmaceuticals
ACAD
$4.89B
| $10.3M | ﹤0.01% |
242,800
-128,700
| -35% | -$5.3M |
|
1691
TAL Education Group
TAL
$6.43B
| $10.2M | ﹤0.01% |
192,133
+184,842
| +2,535% | +$9.94M |
|
1692
Moderna
MRNA
$25.4B
| $10.2M | ﹤0.01% |
341,626
+216,857
| +174% | +$4.99M |
|
1693
CALL
Elanco Animal Health
ELAN
$11.2B
| $10.2M | ﹤0.01% |
456,700
+130,800
| +40% | +$3.58M |
|
1694
Exelixis
EXEL
$12.5B
| $10.2M | ﹤0.01% |
592,836
-146,040
| -20% | -$2.67M |
|
1695
PUT
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $10.2M | ﹤0.01% |
117,600
-32,700
| -22% | -$2.79M |
|
1696
CALL
ProShares UltraPro Short Dow 30
SDOW
$185M
| $10.2M | ﹤0.01% |
13,200
+2,594
| +24% | +$1.86M |
|
1697
CALL
Bank of Montreal
BMO
$129B
| $10.2M | ﹤0.01% |
202,300
-87,400
| -30% | -$5.93M |
|
|
FITB
1698
CALL
Fifth Third Bancorp
FITB
$52.5B
| $10.2M | ﹤0.01% |
684,600
+439,100
| +179% | +$11M |
|
1699
Apollo Global Management
APO
$84.8B
| $10.1M | ﹤0.01% |
302,733
+294,070
| +3,395% | +$12.6M |
|
1700
PUT
StoneCo
STNE
$2.49B
| $10.1M | ﹤0.01% |
465,400
+136,400
| +41% | +$5.2M |
|
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.