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 | |
|---|---|---|---|---|---|---|
1826
PUT
Corpay
CPAY
$27.9B
| $8.94M | ﹤0.01% |
47,900
-168,000
| -78% | -$46.4M |
|
1827
CALL
Broadridge
BR
$19.6B
| $8.93M | ﹤0.01% |
94,200
+47,600
| +102% | +$5.43M |
|
1828
BlackBerry
BB
$5.27B
| $8.93M | ﹤0.01% |
2,162,346
-1,853,592
| -46% | -$10.1M |
|
1829
PUT
ProShares VIX Mid-Term Futures ETF
VIXM
$94.4M
| $8.93M | ﹤0.01% |
232,300
-13,200
| -5% | -$339K |
|
1830
PUT
Aptiv
APTV
$10.2B
| $8.9M | ﹤0.01% |
180,800
-71,300
| -28% | -$5.59M |
|
|
TGNA
1831
CALL
DELISTED
TEGNA Inc
TGNA
| $8.89M | ﹤0.01% |
818,500
+710,600
| +659% | +$11.4M |
|
1832
PUT
Conagra Brands
CAG
$7.39B
| $8.89M | ﹤0.01% |
302,900
-109,000
| -26% | -$3.29M |
|
1833
PPG Industries
PPG
$25.5B
| $8.88M | ﹤0.01% |
106,259
+18,495
| +21% | +$2.05M |
|
|
CTRA
1834
PUT
DELISTED
Coterra Energy
CTRA
| $8.88M | ﹤0.01% |
516,600
+238,000
| +85% | +$3.77M |
|
|
CMBT
1835
PUT
CMB.TECH NV
CMBT
$4.92B
| $8.87M | ﹤0.01% |
786,500
+697,900
| +788% | +$7.19M |
|
1836
First Trust Financials AlphaDEX Fund
FXO
$1.15B
| $8.86M | ﹤0.01% |
419,182
+386,509
| +1,183% | +$11.6M |
|
1837
PUT
Interactive Brokers
IBKR
$41.4B
| $8.86M | ﹤0.01% |
820,800
+18,000
| +2% | +$218K |
|
1838
Incyte
INCY
$24.4B
| $8.86M | ﹤0.01% |
120,943
-18,469
| -13% | -$1.4M |
|
1839
CALL
KeyCorp
KEY
$24.6B
| $8.86M | ﹤0.01% |
854,100
-66,700
| -7% | -$1.11M |
|
1840
CALL
Roper Technologies
ROP
$39.3B
| $8.86M | ﹤0.01% |
28,400
+2,600
| +10% | +$921K |
|
1841
PUT
TransUnion
TRU
$15.5B
| $8.84M | ﹤0.01% |
+133,600
| New | +$11.5M |
|
1842
CALL
Caesars Entertainment
CZR
$6.04B
| $8.84M | ﹤0.01% |
613,600
+467,200
| +319% | +$21.9M |
|
1843
CALL
STMicroelectronics
STM
$48.1B
| $8.83M | ﹤0.01% |
413,400
-178,500
| -30% | -$4.71M |
|
1844
Invesco Ultra Short Duration ETF
GSY
$3.88B
| $8.83M | ﹤0.01% |
+179,008
| New | +$8.97M |
|
|
XLRN
1845
PUT
DELISTED
Acceleron Pharma
XLRN
| $8.82M | ﹤0.01% |
98,200
+50,300
| +105% | +$3.91M |
|
|
CBB
1846
PUT
DELISTED
Cincinnati Bell Inc.
CBB
| $8.81M | ﹤0.01% |
602,000
-332,500
| -36% | -$4.32M |
|
|
HTZ
1847
CALL
DELISTED
Hertz Global Holdings, Inc.
HTZ
| $8.81M | ﹤0.01% |
1,425,800
-59,900
| -4% | -$810K |
|
1848
CALL
TG Therapeutics
TGTX
$7.34B
| $8.81M | ﹤0.01% |
894,900
+133,700
| +18% | +$1.69M |
|
1849
Synchrony
SYF
$26.1B
| $8.8M | ﹤0.01% |
547,234
+374,000
| +216% | +$10.9M |
|
1850
PUT
Omega Healthcare
OHI
$13.9B
| $8.8M | ﹤0.01% |
331,700
+74,000
| +29% | +$2.81M |
|
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.