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 | |
|---|---|---|---|---|---|---|
1901
CALL
CACI
CACI
$14.8B
| $8.45M | ﹤0.01% |
40,000
+34,600
| +641% | +$8.6M |
|
1902
Vail Resorts
MTN
$5.18B
| $8.45M | ﹤0.01% |
57,170
+41,669
| +269% | +$8.97M |
|
1903
Vanguard Russell 2000 ETF
VTWO
$17.5B
| $8.44M | ﹤0.01% |
+183,078
| New | +$11M |
|
1904
CALL
LPL Financial
LPLA
$29.5B
| $8.44M | ﹤0.01% |
155,000
-46,500
| -23% | -$3.75M |
|
1905
Planet Fitness
PLNT
$3.71B
| $8.43M | ﹤0.01% |
173,022
-18,853
| -10% | -$1.31M |
|
1906
PUT
Invesco CurrencyShares Australian Dollar Trust
FXA
$97.8M
| $8.42M | ﹤0.01% |
137,200
+86,100
| +168% | +$5.66M |
|
1907
CME Group
CME
$96.1B
| $8.41M | ﹤0.01% |
48,647
-50,754
| -51% | -$10.1M |
|
1908
PUT
DHT Holdings
DHT
$3.09B
| $8.41M | ﹤0.01% |
1,096,000
+597,300
| +120% | +$3.78M |
|
1909
CALL
JetBlue
JBLU
$2.19B
| $8.4M | ﹤0.01% |
938,300
+596,900
| +175% | +$9.89M |
|
1910
CALL
Hartford Financial Services
HIG
$37.8B
| $8.4M | ﹤0.01% |
238,300
-75,000
| -24% | -$3.91M |
|
1911
PUT
B&G Foods
BGS
$299M
| $8.39M | ﹤0.01% |
463,900
+114,300
| +33% | +$1.79M |
|
1912
PUT
KB Home
KBH
$3.45B
| $8.39M | ﹤0.01% |
463,600
-553,500
| -54% | -$17.7M |
|
|
JOYY
1913
PUT
JOYY Inc
JOYY
$3.64B
| $8.38M | ﹤0.01% |
157,300
-45,100
| -22% | -$2.62M |
|
1914
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $8.36M | ﹤0.01% |
93,900
+3,600
| +4% | +$395K |
|
1915
CALL
Ziff Davis
ZD
$1.92B
| $8.36M | ﹤0.01% |
128,455
+79,580
| +163% | +$6.21M |
|
1916
PUT
iShares MSCI USA Momentum Factor ETF
MTUM
$26.1B
| $8.36M | ﹤0.01% |
78,500
+60,900
| +346% | +$7.53M |
|
|
ONC
1917
PUT
BeOne Medicines Ltd
ONC
$40.3B
| $8.36M | ﹤0.01% |
67,900
+2,200
| +3% | +$344K |
|
|
CMA
1918
CALL
DELISTED
Comerica
CMA
| $8.34M | ﹤0.01% |
268,700
+102,700
| +62% | +$5.58M |
|
1919
Moody's
MCO
$84.6B
| $8.32M | ﹤0.01% |
39,352
-3,264
| -8% | -$793K |
|
|
BIG
1920
PUT
DELISTED
Big Lots, Inc.
BIG
| $8.32M | ﹤0.01% |
584,900
+159,100
| +37% | +$3.6M |
|
1921
iShares S&P GSCI Commodity-Indexed Trust
GSG
$932M
| $8.31M | ﹤0.01% |
+894,048
| New | +$12.2M |
|
1922
PUT
ProShares UltraPro S&P 500
UPRO
$5.86B
| $8.31M | ﹤0.01% |
601,800
-654,800
| -52% | -$19.5M |
|
1923
CALL
Dover
DOV
$27.8B
| $8.31M | ﹤0.01% |
99,000
+41,800
| +73% | +$4.43M |
|
|
WW
1924
PUT
DELISTED
WW International
WW
| $8.3M | ﹤0.01% |
491,100
-802,100
| -62% | -$24.9M |
|
1925
CALL
iShares Core S&P Small-Cap ETF
IJR
$113B
| $8.3M | ﹤0.01% |
148,000
-114,100
| -44% | -$8.5M |
|
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.