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 | |
|---|---|---|---|---|---|---|
201
PUT
State Street Energy Select Sector SPDR ETF
XLE
$37.6B
| $233M | 0.07% |
16,044,200
+2,896,800
| +22% | +$68.7M |
|
202
CALL
Cigna
CI
$74.6B
| $233M | 0.07% |
1,312,300
-83,700
| -6% | -$16.2M |
|
203
CALL
Baidu
BIDU
$37.2B
| $232M | 0.07% |
2,304,800
-372,100
| -14% | -$45.3M |
|
204
PUT
iShares MSCI Brazil ETF
EWZ
$8.95B
| $231M | 0.07% |
9,813,300
+2,017,900
| +26% | +$78M |
|
205
PUT
CVS Health
CVS
$122B
| $229M | 0.07% |
3,852,800
+256,700
| +7% | +$17.1M |
|
206
CALL
Mercado Libre
MELI
$92.3B
| $229M | 0.07% |
467,800
-27,500
| -6% | -$17M |
|
207
PUT
Caterpillar
CAT
$387B
| $228M | 0.07% |
1,961,200
+189,200
| +11% | +$24.2M |
|
208
PUT
Blackstone
BX
$110B
| $226M | 0.07% |
4,968,900
-353,300
| -7% | -$19.5M |
|
209
Cisco
CSCO
$479B
| $226M | 0.07% |
5,757,071
+567,383
| +11% | +$24.9M |
|
210
CALL
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $225M | 0.07% |
10,821,300
+5,816,800
| +116% | +$160M |
|
211
PUT
PepsiCo
PEP
$190B
| $221M | 0.07% |
1,840,300
+958,800
| +109% | +$130M |
|
212
CALL
Qualcomm
QCOM
$176B
| $220M | 0.07% |
3,257,500
+119,400
| +4% | +$9.79M |
|
213
PUT
Delta Air Lines
DAL
$60.1B
| $219M | 0.07% |
7,661,200
+5,667,500
| +284% | +$281M |
|
214
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$293M
| $218M | 0.07% |
1,491
-548
| -27% | -$40.1M |
|
215
CALL
JD.com
JD
$44.5B
| $216M | 0.07% |
5,340,000
-2,625,400
| -33% | -$105M |
|
|
216
Qualcomm
QCOM
$176B
| $215M | 0.07% |
3,173,593
+1,190,463
| +60% | +$97.6M |
|
217
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $215M | 0.07% |
3,073,600
-3,093,900
| -50% | -$272M |
|
|
218
CALL
iShares MSCI Brazil ETF
EWZ
$8.95B
| $214M | 0.07% |
9,098,900
+61,600
| +0.7% | +$2.38M |
|
219
CALL
Wells Fargo
WFC
$264B
| $213M | 0.07% |
7,428,400
-720,400
| -9% | -$30.6M |
|
220
PUT
Kraft Heinz
KHC
$30B
| $211M | 0.07% |
8,524,200
+4,522,200
| +113% | +$124M |
|
221
CALL
RTX Corp
RTX
$301B
| $210M | 0.07% |
3,536,478
+668,333
| +23% | +$56.6M |
|
222
CALL
Lam Research
LRCX
$390B
| $210M | 0.07% |
8,738,000
+1,100,000
| +14% | +$31.7M |
|
|
223
CALL
Blackstone
BX
$110B
| $209M | 0.07% |
4,595,600
+1,405,800
| +44% | +$77.8M |
|
224
PUT
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $208M | 0.07% |
5,169,800
-3,091,800
| -37% | -$141M |
|
|
225
PUT
Baidu
BIDU
$37.2B
| $205M | 0.07% |
2,035,200
-780,700
| -28% | -$95.1M |
|
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.