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 |
Apple
AAPL
|
+$2.66B |
| 2 |
Amazon
AMZN
|
+$421M |
| 3 |
Citigroup
C
|
+$386M |
| 4 |
Wells Fargo
WFC
|
+$288M |
| 5 |
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
|
+$287M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$3.18B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.45B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$1.45B |
| 4 |
Alphabet (Google) Class A
GOOGL
|
+$533M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$503M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3001
PUT
Iovance Biotherapeutics
IOVA
$3.16B
| $5.04M | ﹤0.01% |
153,200
-260,500
| -63% | -$7.99M |
|
|
TUP
3002
PUT
DELISTED
Tupperware Brands Corporation
TUP
| $5.04M | ﹤0.01% |
250,100
-94,700
| -27% | -$1.44M |
|
3003
CALL
Everest Group
EG
$14.2B
| $5.04M | ﹤0.01% |
25,500
-24,500
| -49% | -$5.25M |
|
3004
CALL
Emergent Biosolutions
EBS
$235M
| $5.03M | ﹤0.01% |
48,700
+10,000
| +26% | +$1.08M |
|
|
ERUS
3005
DELISTED
iShares MSCI Russia ETF
ERUS
| $5.03M | ﹤0.01% |
154,970
-20,174
| -12% | -$700K |
|
3006
PUT
Charles River Laboratories
CRL
$13.4B
| $5.03M | ﹤0.01% |
22,200
-56,100
| -72% | -$11.6M |
|
3007
CALL
iShares S&P Mid-Cap 400 Growth ETF
IJK
$11.3B
| $5.02M | ﹤0.01% |
84,000
+54,800
| +188% | +$3.26M |
|
|
MPT
3008
CALL
Medical Properties Trust
MPT
$2.5B
| $5.02M | ﹤0.01% |
284,800
+45,900
| +19% | +$854K |
|
3009
PUT
Teekay Tankers
TNK
$2.95B
| $5.02M | ﹤0.01% |
463,200
+84,300
| +22% | +$1.11M |
|
3010
CALL
Philips
PHG
$26.7B
| $5.02M | ﹤0.01% |
131,199
+46,117
| +54% | +$1.85M |
|
3011
PUT
SiriusXM
SIRI
$9.59B
| $5.02M | ﹤0.01% |
93,610
-34,200
| -27% | -$1.96M |
|
|
ZEN
3012
DELISTED
ZENDESK INC
ZEN
| $5.01M | ﹤0.01% |
48,675
-48,067
| -50% | -$4.5M |
|
3013
CALL
First Trust Cloud Computing ETF
SKYY
$3.31B
| $5.01M | ﹤0.01% |
63,800
+5,700
| +10% | +$442K |
|
3014
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $5M | ﹤0.01% |
137,700
-318,700
| -70% | -$12M |
|
|
ZGNX
3015
CALL
DELISTED
Zogenix, Inc.
ZGNX
| $5M | ﹤0.01% |
279,000
+135,100
| +94% | +$3.31M |
|
3016
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $5M | ﹤0.01% |
+85,608
| New | +$4.84M |
|
3017
CALL
DTE Energy
DTE
$29.3B
| $4.99M | ﹤0.01% |
50,995
-43,828
| -46% | -$4.28M |
|
3018
CALL
Gerdau
GGB
$9.3B
| $4.99M | ﹤0.01% |
1,698,984
+383,040
| +29% | +$1.05M |
|
3019
WisdomTree US SmallCap Earnings Fund
EES
$739M
| $4.99M | ﹤0.01% |
166,988
-30,909
| -16% | -$932K |
|
3020
CALL
United Natural Foods
UNFI
$2.93B
| $4.99M | ﹤0.01% |
335,300
+82,300
| +33% | +$1.56M |
|
3021
CALL
Voya Financial
VOYA
$9.2B
| $4.99M | ﹤0.01% |
104,000
+14,000
| +16% | +$689K |
|
|
FRC
3022
CALL
DELISTED
First Republic Bank
FRC
| $4.98M | ﹤0.01% |
45,700
+9,700
| +27% | +$1.08M |
|
3023
PUT
iShares Core MSCI EAFE ETF
IEFA
$196B
| $4.98M | ﹤0.01% |
82,600
+65,100
| +372% | +$3.93M |
|
3024
CALL
Texas Roadhouse
TXRH
$13.6B
| $4.97M | ﹤0.01% |
81,800
-255,700
| -76% | -$15M |
|
3025
Colgate-Palmolive
CL
$73.3B
| $4.97M | ﹤0.01% |
64,435
-234,671
| -78% | -$17.9M |
|
Similar funds
Susquehanna International Group's Q3 2020 Portfolio in Review
As of Q3 2020, Susquehanna International Group held 11,604 positions worth $522B, up 26% from $415B the previous quarter. Its ten largest holdings account for 34% of the portfolio.
Susquehanna International Group deployed $36.2B of net new capital in Q3 2020, opening 1,567 new positions and adding to 4,405 existing holdings. Its largest new stake was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.6% a quarter earlier, followed by Consumer Discretionary and Financials.
On the sell side, the largest reduction was Invesco QQQ Trust, an estimated $3.18B trimmed.
- Susquehanna International Group's largest Q3 2020 buy was iShares iBoxx $ Investment Grade Corporate Bond ETF: 2,104,687 shares worth $284M.
- Susquehanna International Group added most to Apple in Q3 2020, an estimated $2.66B increase.
- Susquehanna International Group's biggest Q3 2020 reduction was Invesco QQQ Trust, cutting an estimated $3.18B.
- Susquehanna International Group fully exited Vanguard Short-Term Corporate Bond ETF in Q3 2020, selling an estimated $34.1M.
- Susquehanna International Group's ten largest holdings make up 34% of its $522B portfolio in Q3 2020.
- Susquehanna International Group opened 1,567 new positions and closed 1,138 in Q3 2020.
- Susquehanna International Group's portfolio value rose 26% quarter-over-quarter to $522B.
Based on Susquehanna International Group's 13F filing for Q3 2020, filed 16 Nov 2020.