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 | |
|---|---|---|---|---|---|---|
2351
iShares MSCI KLD 400 Social ETF
DSI
$5.58B
| $5.84M | ﹤0.01% |
119,914
+73,004
| +156% | +$4.19M |
|
2352
CALL
BridgeBio Pharma
BBIO
$15.9B
| $5.83M | ﹤0.01% |
+201,200
| New | +$6.24M |
|
2353
Royal Gold
RGLD
$19.1B
| $5.83M | ﹤0.01% |
66,525
+58,215
| +701% | +$6.01M |
|
|
MRTX
2354
PUT
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $5.83M | ﹤0.01% |
75,900
-40,100
| -35% | -$3.6M |
|
|
Y
2355
DELISTED
Alleghany Corp
Y
| $5.83M | ﹤0.01% |
10,561
+9,833
| +1,351% | +$7.07M |
|
2356
PUT
iShares National Muni Bond ETF
MUB
$45.9B
| $5.83M | ﹤0.01% |
51,600
+35,200
| +215% | +$4.02M |
|
2357
Vanguard Total International Bond ETF
BNDX
$83B
| $5.83M | ﹤0.01% |
+103,621
| New | +$5.92M |
|
|
VRNT
2358
DELISTED
Verint Systems
VRNT
| $5.83M | ﹤0.01% |
265,947
+176,169
| +196% | +$4.74M |
|
2359
CALL
Vanguard Health Care ETF
VHT
$19B
| $5.81M | ﹤0.01% |
35,000
+5,600
| +19% | +$1.02M |
|
2360
CALL
iShares S&P 100 ETF
OEF
$20.6B
| $5.81M | ﹤0.01% |
49,000
+19,300
| +65% | +$2.66M |
|
2361
PUT
Lincoln Electric
LECO
$15.6B
| $5.81M | ﹤0.01% |
+84,200
| New | +$7.22M |
|
2362
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $5.8M | ﹤0.01% |
+184,420
| New | +$6.94M |
|
2363
State Street SPDR Portfolio Long Term Corporate Bond ETF
SPLB
$1.19B
| $5.79M | ﹤0.01% |
+203,521
| New | +$6.13M |
|
2364
PUT
Trane Technologies
TT
$105B
| $5.79M | ﹤0.01% |
70,100
-85,500
| -55% | -$10.4M |
|
2365
PUT
MasTec
MTZ
$22.6B
| $5.79M | ﹤0.01% |
176,800
+98,100
| +125% | +$4.99M |
|
2366
Verisk Analytics
VRSK
$23.5B
| $5.79M | ﹤0.01% |
41,510
-349
| -0.8% | -$54.7K |
|
2367
PUT
Howard Hughes
HHH
$4.04B
| $5.79M | ﹤0.01% |
120,111
+65,668
| +121% | +$6.58M |
|
2368
PUT
ResMed
RMD
$32.8B
| $5.77M | ﹤0.01% |
39,200
+31,800
| +430% | +$5.07M |
|
2369
PUT
Vanguard Morningstar Growth ETF
VUG
$231B
| $5.77M | ﹤0.01% |
220,800
-393,000
| -64% | -$11.8M |
|
|
EMBJ
2370
PUT
Embraer S.A. ADS
EMBJ
$13.2B
| $5.75M | ﹤0.01% |
777,500
+39,900
| +5% | +$604K |
|
2371
PUT
TC Energy
TRP
$66.3B
| $5.75M | ﹤0.01% |
129,800
+48,800
| +60% | +$2.47M |
|
|
FITB
2372
Fifth Third Bancorp
FITB
$52.6B
| $5.75M | ﹤0.01% |
387,036
+136,832
| +55% | +$3.41M |
|
2373
CALL
Avis
CAR
$4.93B
| $5.74M | ﹤0.01% |
413,000
+223,400
| +118% | +$6.69M |
|
|
SAGE
2374
PUT
DELISTED
Sage Therapeutics
SAGE
| $5.73M | ﹤0.01% |
199,600
-209,600
| -51% | -$12.1M |
|
|
SDC
2375
PUT
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $5.73M | ﹤0.01% |
1,227,100
+663,200
| +118% | +$6.54M |
|
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.