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 |
Invesco QQQ Trust
QQQ
|
+$2.33B |
| 2 |
iShares Russell 2000 ETF
IWM
|
+$1.22B |
| 3 |
JPMorgan Chase
JPM
|
+$761M |
| 4 |
Bank of America
BAC
|
+$427M |
| 5 |
Alibaba
BABA
|
+$327M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.49B |
| 2 |
Apple
AAPL
|
+$1.26B |
| 3 |
Microsoft
MSFT
|
+$685M |
| 4 |
Tesla
TSLA
|
+$478M |
| 5 |
Netflix
NFLX
|
+$297M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.59% |
| 2 | Communication Services | 1.34% |
| 3 | Financials | 1.25% |
| 4 | Consumer Discretionary | 1.12% |
| 5 | Healthcare | 0.89% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
Axsome Therapeutics
AXSM
$11.2B
| $11.1M | ﹤0.01% |
134,760
-35,462
| -21% | -$2.73M |
|
2002
PUT
Radware
RDWR
$1.25B
| $11.1M | ﹤0.01% |
469,600
-31,000
| -6% | -$712K |
|
2003
Markel Group
MKL
$22.8B
| $11.1M | ﹤0.01% |
11,996
+4,126
| +52% | +$3.75M |
|
|
NLSN
2004
DELISTED
Nielsen Holdings plc
NLSN
| $11M | ﹤0.01% |
742,895
+100,727
| +16% | +$1.41M |
|
2005
CALL
Cooper Companies
COO
$14.9B
| $11M | ﹤0.01% |
155,600
+51,200
| +49% | +$3.8M |
|
2006
PUT
Unum
UNM
$14.7B
| $11M | ﹤0.01% |
664,300
+494,800
| +292% | +$7.81M |
|
|
GBT
2007
CALL
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $11M | ﹤0.01% |
174,500
-19,000
| -10% | -$1.3M |
|
2008
PUT
Cracker Barrel
CBRL
$1.31B
| $11M | ﹤0.01% |
98,900
+1,800
| +2% | +$178K |
|
2009
PUT
Toll Brothers
TOL
$14B
| $11M | ﹤0.01% |
336,400
+68,300
| +25% | +$1.87M |
|
|
SDC
2010
CALL
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $11M | ﹤0.01% |
1,387,300
+580,600
| +72% | +$3.94M |
|
2011
PUT
Corpay
CPAY
$27.9B
| $10.9M | ﹤0.01% |
43,500
-4,400
| -9% | -$1.04M |
|
2012
PUT
Frontline
FRO
$9.02B
| $10.9M | ﹤0.01% |
1,565,500
+858,400
| +121% | +$7.29M |
|
|
MXIM
2013
CALL
DELISTED
Maxim Integrated Products
MXIM
| $10.9M | ﹤0.01% |
179,800
-144,400
| -45% | -$8.04M |
|
2014
American Electric Power
AEP
$68.3B
| $10.9M | ﹤0.01% |
136,398
-74,860
| -35% | -$6.11M |
|
2015
Devon Energy
DVN
$48.8B
| $10.9M | ﹤0.01% |
957,895
+144,933
| +18% | +$1.65M |
|
2016
Vail Resorts
MTN
$5.18B
| $10.9M | ﹤0.01% |
59,602
+2,432
| +4% | +$425K |
|
2017
Universal Display
OLED
$4.18B
| $10.8M | ﹤0.01% |
72,293
-99,201
| -58% | -$14.6M |
|
|
2018
Frontline
FRO
$9.02B
| $10.8M | ﹤0.01% |
1,549,339
+178,240
| +13% | +$1.51M |
|
2019
PUT
IPG Photonics
IPGP
$3.57B
| $10.8M | ﹤0.01% |
67,400
-2,900
| -4% | -$413K |
|
2020
Equity Lifestyle Properties
ELS
$12.6B
| $10.8M | ﹤0.01% |
172,831
-45,491
| -21% | -$2.79M |
|
2021
CALL
F5
FFIV
$23.6B
| $10.8M | ﹤0.01% |
77,200
+11,500
| +18% | +$1.55M |
|
2022
SiriusXM
SIRI
$9.43B
| $10.8M | ﹤0.01% |
183,450
-553
| -0.3% | -$31K |
|
2023
CALL
Main Street Capital
MAIN
$5.54B
| $10.8M | ﹤0.01% |
345,600
+235,500
| +214% | +$6.64M |
|
2024
PUT
Ameriprise Financial
AMP
$50.4B
| $10.8M | ﹤0.01% |
71,700
+50,400
| +237% | +$6.46M |
|
2025
PUT
Teck Resources
TECK
$31.3B
| $10.8M | ﹤0.01% |
1,032,200
-200,500
| -16% | -$1.84M |
|
Similar funds
Susquehanna International Group's Q2 2020 Portfolio in Review
As of Q2 2020, Susquehanna International Group held 11,586 positions worth $415B, up 32% from $314B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group's Q2 2020 filing shows 1,443 new, 4,471 increased, 4,026 reduced and 1,558 closed positions. Its largest new stake was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $2.49B.
By sector, the portfolio is most concentrated in Technology at 1.6% of assets, down from 2% a quarter earlier, followed by Communication Services and Financials.
- Susquehanna International Group's largest Q2 2020 buy was VelocityShares 3x Long Natural Gas ETN linked to the S&P GSCI Natural Gas Index ER due February 9, 2: 1,220,649 shares worth $12.4M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q2 2020, an estimated $2.33B increase.
- Susquehanna International Group's biggest Q2 2020 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $2.49B.
- Susquehanna International Group fully exited iPath Series B S&P 500 VIX Short-Term Futures ETN in Q2 2020, selling an estimated $119M.
- Susquehanna International Group's ten largest holdings make up 30% of its $415B portfolio in Q2 2020.
- Susquehanna International Group opened 1,443 new positions and closed 1,558 in Q2 2020.
- Susquehanna International Group's portfolio value rose 32% quarter-over-quarter to $415B.
Based on Susquehanna International Group's 13F filing for Q2 2020, filed 14 Aug 2020.