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
|
+$1.46B |
| 2 |
Apple
AAPL
|
+$931M |
| 3 |
Tesla
TSLA
|
+$793M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$769M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$644M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$703M |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Amazon
AMZN
|
+$678M |
| 4 |
JPMorgan Chase
JPM
|
+$601M |
| 5 |
Meta Platforms (Facebook)
META
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.36% |
| 2 | Consumer Discretionary | 1.47% |
| 3 | Healthcare | 0.9% |
| 4 | Financials | 0.75% |
| 5 | Communication Services | 0.73% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
251
PUT
General Motors
GM
$76.1B
| $350M | 0.06% |
8,415,100
+1,881,100
| +29% | +$73.1M |
|
252
Microsoft
MSFT
$3.66T
| $347M | 0.06% |
1,561,492
-1,665,873
| -52% | -$358M |
|
253
CALL
Wynn Resorts
WYNN
$10.6B
| $347M | 0.06% |
3,072,200
-657,300
| -18% | -$60.6M |
|
|
TWTR
254
CALL
DELISTED
Twitter, Inc.
TWTR
| $346M | 0.06% |
6,373,400
-759,800
| -11% | -$36.3M |
|
255
PUT
GE Aerospace
GE
$379B
| $346M | 0.06% |
6,428,277
-67,274
| -1% | -$3.01M |
|
256
Regeneron Pharmaceuticals
REGN
$82.2B
| $344M | 0.06% |
712,841
+518,331
| +266% | +$280M |
|
257
PUT
Palantir
PLTR
$411B
| $340M | 0.06% |
+14,452,100
| New | +$259M |
|
258
CALL
Union Pacific
UNP
$174B
| $340M | 0.06% |
1,633,800
+14,600
| +0.9% | +$2.92M |
|
259
CALL
Expedia Group
EXPE
$39.1B
| $340M | 0.06% |
2,567,900
-377,200
| -13% | -$42.5M |
|
|
260
CALL
Regeneron Pharmaceuticals
REGN
$82.2B
| $339M | 0.06% |
701,200
+175,600
| +33% | +$94.8M |
|
261
PUT
Vale
VALE
$61.4B
| $339M | 0.06% |
20,204,000
+1,663,500
| +9% | +$22.2M |
|
262
CALL
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $336M | 0.05% |
3,851,300
+1,133,800
| +42% | +$97.1M |
|
263
CALL
VanEck Semiconductor ETF
SMH
$72B
| $334M | 0.05% |
3,058,800
-710,600
| -19% | -$70.4M |
|
264
CALL
Workday
WDAY
$43.3B
| $332M | 0.05% |
1,384,800
+314,500
| +29% | +$70.7M |
|
|
265
CALL
GE Aerospace
GE
$379B
| $330M | 0.05% |
6,128,125
+1,578,750
| +35% | +$70.7M |
|
266
PUT
Target
TGT
$69.9B
| $329M | 0.05% |
1,864,200
-342,100
| -16% | -$57.1M |
|
267
PUT
Okta
OKTA
$25.6B
| $328M | 0.05% |
1,290,700
+201,100
| +18% | +$47.8M |
|
268
CALL
Texas Instruments
TXN
$253B
| $327M | 0.05% |
1,990,000
+423,500
| +27% | +$65.8M |
|
269
PUT
RH
RH
$3.41B
| $326M | 0.05% |
727,600
-239,700
| -25% | -$98.8M |
|
|
COUP
270
PUT
DELISTED
Coupa Software Incorporated
COUP
| $325M | 0.05% |
959,000
+216,700
| +29% | +$67M |
|
271
CALL
DuPont de Nemours
DD
$19.5B
| $325M | 0.05% |
3,637,022
+2,288,903
| +170% | +$180M |
|
272
CALL
Palo Alto Networks
PANW
$315B
| $325M | 0.05% |
5,480,400
+1,012,800
| +23% | +$47.3M |
|
273
CALL
SolarEdge
SEDG
$1.97B
| $323M | 0.05% |
1,012,100
+484,800
| +92% | +$134M |
|
274
PUT
IBM
IBM
$222B
| $322M | 0.05% |
2,673,576
-418,191
| -14% | -$48.3M |
|
|
275
CALL
RH
RH
$3.41B
| $321M | 0.05% |
718,100
-181,700
| -20% | -$74.9M |
|
Similar funds
Susquehanna International Group's Q4 2020 Portfolio in Review
As of Q4 2020, Susquehanna International Group held 12,204 positions worth $612B, up 17% from $522B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Susquehanna International Group's Q4 2020 filing shows 1,723 new, 4,580 increased, 4,534 reduced and 1,264 closed positions. Its largest new stake was International Flavors & Fragrances: 726,729 shares worth $79.1M. The largest sale was Citigroup, an estimated $703M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Susquehanna International Group's largest Q4 2020 buy was International Flavors & Fragrances: 726,729 shares worth $79.1M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $1.46B increase.
- Susquehanna International Group's biggest Q4 2020 reduction was Citigroup, cutting an estimated $703M.
- Susquehanna International Group fully exited Vanguard Total International Bond ETF in Q4 2020, selling an estimated $146M.
- Susquehanna International Group's ten largest holdings make up 32% of its $612B portfolio in Q4 2020.
- Susquehanna International Group opened 1,723 new positions and closed 1,264 in Q4 2020.
- Susquehanna International Group's portfolio value rose 17% quarter-over-quarter to $612B.
Based on Susquehanna International Group's 13F filing for Q4 2020, filed 16 Feb 2021.