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 | |
|---|---|---|---|---|---|---|
1851
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $8.8M | ﹤0.01% |
217,500
-2,306,651
| -91% | -$113M |
|
1852
CALL
Cirrus Logic
CRUS
$6.08B
| $8.77M | ﹤0.01% |
133,600
-265,900
| -67% | -$19.7M |
|
1853
CALL
Arrowhead Research
ARWR
$12.1B
| $8.76M | ﹤0.01% |
304,500
-228,300
| -43% | -$9.21M |
|
1854
Newmont
NEM
$120B
| $8.76M | ﹤0.01% |
193,423
-1,316,361
| -87% | -$59.4M |
|
1855
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.55B
| $8.75M | ﹤0.01% |
200,600
-105,900
| -35% | -$5.2M |
|
|
CCXI
1856
CALL
DELISTED
ChemoCentryx, Inc.
CCXI
| $8.74M | ﹤0.01% |
217,500
-29,700
| -12% | -$1.26M |
|
1857
PUT
Teradyne
TER
$64.2B
| $8.74M | ﹤0.01% |
161,300
-187,700
| -54% | -$11.9M |
|
1858
CALL
Novavax
NVAX
$1.34B
| $8.73M | ﹤0.01% |
643,000
-430,400
| -40% | -$3.64M |
|
1859
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.23B
| $8.72M | ﹤0.01% |
+188,801
| New | +$11.1M |
|
|
NVTA
1860
DELISTED
Invitae Corporation
NVTA
| $8.72M | ﹤0.01% |
637,832
+193,562
| +44% | +$3.54M |
|
1861
PUT
Alerian MLP ETF
AMLP
$13.1B
| $8.72M | ﹤0.01% |
506,820
+120,620
| +31% | +$4.09M |
|
1862
CALL
Levi Strauss
LEVI
$8.63B
| $8.71M | ﹤0.01% |
700,800
+508,400
| +264% | +$8.99M |
|
1863
CALL
Teledyne Technologies
TDY
$31.2B
| $8.71M | ﹤0.01% |
29,300
+26,700
| +1,027% | +$9.17M |
|
1864
CALL
iShares MSCI Taiwan ETF
EWT
$11.6B
| $8.7M | ﹤0.01% |
264,000
-8,100
| -3% | -$308K |
|
|
BHVN
1865
DELISTED
Biohaven Pharmaceutical Holding Company Ltd.
BHVN
| $8.7M | ﹤0.01% |
255,742
+85,209
| +50% | +$3.9M |
|
1866
CALL
Leidos
LDOS
$17.9B
| $8.7M | ﹤0.01% |
94,900
+60,000
| +172% | +$6.05M |
|
1867
iShares S&P Small-Cap 600 Value ETF
IJS
$8.43B
| $8.7M | ﹤0.01% |
174,040
+141,804
| +440% | +$9.83M |
|
1868
PUT
Ally Financial
ALLY
$13.6B
| $8.69M | ﹤0.01% |
602,200
+260,800
| +76% | +$6.85M |
|
1869
CALL
Ligand Pharmaceuticals
LGND
$5.76B
| $8.69M | ﹤0.01% |
191,559
-114,293
| -37% | -$6.48M |
|
1870
PUT
Zimmer Biomet
ZBH
$19B
| $8.68M | ﹤0.01% |
88,477
+51,294
| +138% | +$6.72M |
|
1871
PUT
Thomson Reuters
TRI
$46B
| $8.67M | ﹤0.01% |
121,197
+35,875
| +42% | +$2.8M |
|
1872
PUT
Unilever
UL
$135B
| $8.66M | ﹤0.01% |
152,178
+27,022
| +22% | +$1.7M |
|
1873
CRISPR Therapeutics
CRSP
$5.22B
| $8.65M | ﹤0.01% |
203,997
+6,396
| +3% | +$330K |
|
1874
Hasbro
HAS
$13.6B
| $8.64M | ﹤0.01% |
120,806
-40,799
| -25% | -$3.53M |
|
1875
CALL
Sempra
SRE
$56.5B
| $8.64M | ﹤0.01% |
153,000
-26,200
| -15% | -$1.86M |
|
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.