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 | |
|---|---|---|---|---|---|---|
|
MIC
2076
CALL
DELISTED
Macquarie Infrastructure Holdings, LLC
MIC
| $7.33M | ﹤0.01% |
290,100
+194,800
| +204% | +$7.46M |
|
2077
CALL
United States Natural Gas Fund
UNG
$489M
| $7.31M | ﹤0.01% |
145,550
-260,575
| -64% | -$15.1M |
|
2078
Markel Group
MKL
$22.8B
| $7.3M | ﹤0.01% |
7,870
+4,561
| +138% | +$5.22M |
|
2079
CALL
Sprouts Farmers Market
SFM
$7.71B
| $7.3M | ﹤0.01% |
392,700
+200,700
| +105% | +$3.37M |
|
2080
CALL
CRISPR Therapeutics
CRSP
$5.22B
| $7.29M | ﹤0.01% |
172,000
-11,100
| -6% | -$573K |
|
2081
XPO
XPO
$24.7B
| $7.29M | ﹤0.01% |
432,538
+420,863
| +3,605% | +$11.2M |
|
2082
CALL
Yelp
YELP
$1.32B
| $7.29M | ﹤0.01% |
404,500
-147,800
| -27% | -$4.49M |
|
2083
CALL
Bio-Techne
TECH
$11.2B
| $7.28M | ﹤0.01% |
153,600
+135,200
| +735% | +$6.76M |
|
2084
Pan American Silver
PAAS
$19.9B
| $7.28M | ﹤0.01% |
507,731
-516,746
| -50% | -$10.7M |
|
2085
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $7.25M | ﹤0.01% |
75,300
+3,600
| +5% | +$428K |
|
|
CS
2086
CALL
DELISTED
Credit Suisse Group
CS
| $7.24M | ﹤0.01% |
894,600
-112,500
| -11% | -$1.31M |
|
|
FTSV
2087
DELISTED
Forty Seven, Inc. Common Stock
FTSV
| $7.22M | ﹤0.01% |
75,680
+60,032
| +384% | +$3.63M |
|
2088
CALL
Radian Group
RDN
$4.92B
| $7.21M | ﹤0.01% |
557,100
+26,100
| +5% | +$571K |
|
2089
Banco Bradesco
BBD
$34.3B
| $7.2M | ﹤0.01% |
2,361,300
+131,321
| +6% | +$676K |
|
2090
CALL
Canadian National Railway
CNI
$77.2B
| $7.2M | ﹤0.01% |
92,700
+10,400
| +13% | +$907K |
|
2091
CALL
Cooper Companies
COO
$14.9B
| $7.2M | ﹤0.01% |
104,400
-38,400
| -27% | -$3.13M |
|
2092
PUT
Canadian Natural Resources
CNQ
$98.1B
| $7.19M | ﹤0.01% |
1,083,077
-91,481
| -8% | -$1.09M |
|
2093
Qiagen
QGEN
$8.93B
| $7.18M | ﹤0.01% |
162,880
+133,853
| +461% | +$5.23M |
|
2094
State Street SPDR Bloomberg Short Term International Treasury Bond ETF
BWZ
$287M
| $7.18M | ﹤0.01% |
+242,181
| New | +$7.32M |
|
2095
PUT
AvalonBay Communities
AVB
$26.3B
| $7.17M | ﹤0.01% |
48,700
+13,500
| +38% | +$2.72M |
|
2096
PUT
Trex
TREX
$5.1B
| $7.17M | ﹤0.01% |
178,800
-301,200
| -63% | -$14.1M |
|
2097
ServiceNow
NOW
$132B
| $7.16M | ﹤0.01% |
124,905
-862,285
| -87% | -$53.9M |
|
2098
PUT
Fastly Inc
FSLY
$4.78B
| $7.15M | ﹤0.01% |
376,600
+3,900
| +1% | +$80.6K |
|
2099
PUT
Wabtec
WAB
$50.3B
| $7.14M | ﹤0.01% |
148,400
+42,600
| +40% | +$2.92M |
|
|
HZNP
2100
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $7.13M | ﹤0.01% |
240,600
-137,000
| -36% | -$4.64M |
|
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.