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 | |
|---|---|---|---|---|---|---|
|
CXO
1726
CALL
DELISTED
CONCHO RESOURCES INC.
CXO
| $15.4M | ﹤0.01% |
349,400
-236,400
| -40% | -$11.8M |
|
1727
PUT
PPG Industries
PPG
$25.4B
| $15.4M | ﹤0.01% |
126,200
-258,600
| -67% | -$30.2M |
|
1728
MongoDB
MDB
$37.1B
| $15.4M | ﹤0.01% |
66,534
-22,577
| -25% | -$4.89M |
|
|
BIG
1729
PUT
DELISTED
Big Lots, Inc.
BIG
| $15.4M | ﹤0.01% |
345,200
-269,700
| -44% | -$12.1M |
|
1730
PUT
Cirrus Logic
CRUS
$6.06B
| $15.4M | ﹤0.01% |
228,200
-37,000
| -14% | -$2.32M |
|
1731
CALL
eHealth
EHTH
$40M
| $15.4M | ﹤0.01% |
194,800
+108,500
| +126% | +$8.79M |
|
1732
PUT
Neurocrine Biosciences
NBIX
$15.6B
| $15.4M | ﹤0.01% |
159,800
+24,000
| +18% | +$2.78M |
|
|
AXON
1733
PUT
Axon Enterprise
AXON
$50.2B
| $15.3M | ﹤0.01% |
168,900
+300
| +0.2% | +$26.1K |
|
|
CRON
1734
PUT
Cronos Group
CRON
$1.14B
| $15.2M | ﹤0.01% |
3,041,600
+67,400
| +2% | +$394K |
|
|
HZNP
1735
CALL
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $15.2M | ﹤0.01% |
195,900
-98,700
| -34% | -$6.79M |
|
|
SAVE
1736
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $15.2M | ﹤0.01% |
944,600
+167,500
| +22% | +$2.88M |
|
|
BAND
1737
CALL
Bandwidth Inc
BAND
$1.73B
| $15.2M | ﹤0.01% |
86,900
+11,800
| +16% | +$1.75M |
|
1738
PUT
Rockwell Automation
ROK
$49.8B
| $15.1M | ﹤0.01% |
68,600
-50,500
| -42% | -$11.3M |
|
|
ATH
1739
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $15.1M | ﹤0.01% |
444,059
-22,639
| -5% | -$780K |
|
1740
Dollar Tree
DLTR
$25.1B
| $15.1M | ﹤0.01% |
165,501
+6,178
| +4% | +$581K |
|
1741
CALL
MillerKnoll
MLKN
$1.62B
| $15.1M | ﹤0.01% |
501,200
+297,300
| +146% | +$7.36M |
|
|
GAP
1742
The Gap Inc
GAP
$7.46B
| $15.1M | ﹤0.01% |
887,153
-999,292
| -53% | -$14.9M |
|
1743
PUT
Banco Bradesco
BBD
$33.9B
| $15.1M | ﹤0.01% |
5,320,576
-241,153
| -4% | -$790K |
|
1744
iShares US Real Estate ETF
IYR
$4.59B
| $15.1M | ﹤0.01% |
188,782
-917,019
| -83% | -$74.1M |
|
1745
PUT
Mettler-Toledo International
MTD
$28.4B
| $15.1M | ﹤0.01% |
15,600
+500
| +3% | +$464K |
|
1746
CALL
LGI Homes
LGIH
$1.39B
| $15M | ﹤0.01% |
129,500
-67,000
| -34% | -$7.41M |
|
1747
PUT
Digital Realty Trust
DLR
$74.1B
| $15M | ﹤0.01% |
102,400
+5,600
| +6% | +$839K |
|
1748
CALL
uniQure
QURE
$3.28B
| $15M | ﹤0.01% |
406,600
+53,700
| +15% | +$2.2M |
|
1749
CALL
Tilray
TLRY
$625M
| $15M | ﹤0.01% |
308,270
-148,850
| -33% | -$9.94M |
|
|
NVO
1750
CALL
Novo Nordisk
NVO
$202B
| $14.9M | ﹤0.01% |
430,400
+281,200
| +188% | +$9.37M |
|
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.