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 | |
|---|---|---|---|---|---|---|
1951
PUT
Vulcan Materials
VMC
$36B
| $8.14M | ﹤0.01% |
75,300
-68,700
| -48% | -$8.78M |
|
|
MNTV
1952
PUT
DELISTED
Momentive Global Inc. Common Stock
MNTV
| $8.13M | ﹤0.01% |
601,900
+518,800
| +624% | +$8.92M |
|
|
SKX
1953
CALL
DELISTED
Skechers
SKX
| $8.13M | ﹤0.01% |
342,300
-73,700
| -18% | -$2.54M |
|
1954
General Mills
GIS
$20.8B
| $8.1M | ﹤0.01% |
153,495
-928,869
| -86% | -$49M |
|
1955
PUT
Assurant
AIZ
$13.9B
| $8.1M | ﹤0.01% |
77,800
+35,800
| +85% | +$4.41M |
|
1956
CALL
ResMed
RMD
$32.9B
| $8.09M | ﹤0.01% |
54,900
-98,000
| -64% | -$15.6M |
|
1957
Radware
RDWR
$1.25B
| $8.08M | ﹤0.01% |
383,654
+127,990
| +50% | +$3.01M |
|
1958
PUT
Tencent Music
TME
$14.2B
| $8.08M | ﹤0.01% |
803,500
+370,700
| +86% | +$4.56M |
|
1959
PUT
Cracker Barrel
CBRL
$1.31B
| $8.08M | ﹤0.01% |
97,100
-163,800
| -63% | -$22.5M |
|
1960
PUT
Labcorp
LH
$26.2B
| $8.08M | ﹤0.01% |
74,380
+13,270
| +22% | +$1.91M |
|
|
ACIA
1961
CALL
DELISTED
Acacia Communications Inc
ACIA
| $8.07M | ﹤0.01% |
120,200
-122,400
| -50% | -$8.28M |
|
1962
Direxion Daily Financial Bull 3x ETF
FAS
$2.5B
| $8.06M | ﹤0.01% |
343,414
+324,394
| +1,706% | +$24.7M |
|
1963
FlexShares Morningstar US Market Factors Tilt Index Fund
TILT
$2.27B
| $8.05M | ﹤0.01% |
86,392
+79,291
| +1,117% | +$9.26M |
|
|
NLSN
1964
DELISTED
Nielsen Holdings plc
NLSN
| $8.05M | ﹤0.01% |
642,168
+542,767
| +546% | +$10.2M |
|
1965
CALL
CarMax
KMX
$8.52B
| $8.05M | ﹤0.01% |
149,500
-177,800
| -54% | -$15M |
|
1966
CALL
iShares Russell 1000 Growth ETF
IWF
$129B
| $8.03M | ﹤0.01% |
213,200
+22,400
| +12% | +$965K |
|
1967
Carlyle Group
CG
$18.3B
| $8.02M | ﹤0.01% |
370,504
+70,883
| +24% | +$2.04M |
|
1968
PUT
Yelp
YELP
$1.32B
| $8.01M | ﹤0.01% |
444,400
+53,600
| +14% | +$1.63M |
|
1969
PUT
AngloGold Ashanti
AU
$48.1B
| $8M | ﹤0.01% |
481,100
+58,900
| +14% | +$1.16M |
|
1970
CALL
Nexstar Media Group
NXST
$5.81B
| $8M | ﹤0.01% |
138,600
+50,000
| +56% | +$5.29M |
|
1971
CALL
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.17B
| $8M | ﹤0.01% |
19,000
+4,010
| +27% | +$1.36M |
|
1972
PUT
Steel Dynamics
STLD
$37.3B
| $8M | ﹤0.01% |
354,800
+106,700
| +43% | +$2.92M |
|
1973
Liberty Broadband Class A
LBRDA
$5.29B
| $8M | ﹤0.01% |
74,719
+54,547
| +270% | +$6.68M |
|
1974
CALL
Old Dominion Freight Line
ODFL
$44.7B
| $7.99M | ﹤0.01% |
121,800
-18,000
| -13% | -$1.2M |
|
1975
CALL
iShares Expanded Tech Sector ETF
IGM
$10.9B
| $7.98M | ﹤0.01% |
226,200
+133,800
| +145% | +$5.36M |
|
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.