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 | |
|---|---|---|---|---|---|---|
1801
CALL
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $14.2M | ﹤0.01% |
24,577
+2,438
| +11% | +$1.52M |
|
1802
PUT
Ollie's Bargain Outlet
OLLI
$4.62B
| $14.2M | ﹤0.01% |
162,000
+5,600
| +4% | +$548K |
|
1803
PUT
Axsome Therapeutics
AXSM
$11.2B
| $14.1M | ﹤0.01% |
198,500
+57,200
| +40% | +$4.46M |
|
1804
Peabody Energy
BTU
$3.11B
| $14.1M | ﹤0.01% |
6,145,862
-292,386
| -5% | -$846K |
|
1805
CALL
Keysight
KEYS
$61.1B
| $14.1M | ﹤0.01% |
143,100
-124,000
| -46% | -$12.2M |
|
1806
PUT
Aon
AON
$75.5B
| $14.1M | ﹤0.01% |
68,500
+3,500
| +5% | +$699K |
|
1807
PUT
AudioCodes
AUDC
$255M
| $14.1M | ﹤0.01% |
447,700
-139,500
| -24% | -$4.72M |
|
1808
CALL
Ericsson
ERIC
$33.6B
| $14.1M | ﹤0.01% |
1,292,500
+6,600
| +0.5% | +$72.9K |
|
1809
PUT
Wingstop
WING
$3.44B
| $14.1M | ﹤0.01% |
103,000
+36,300
| +54% | +$5.33M |
|
1810
CALL
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $14M | ﹤0.01% |
1,492,600
-60,700
| -4% | -$797K |
|
1811
CALL
Protolabs
PRLB
$2.2B
| $14M | ﹤0.01% |
107,800
+58,000
| +116% | +$7.62M |
|
1812
PUT
Melco Resorts & Entertainment
MLCO
$2.17B
| $13.9M | ﹤0.01% |
835,800
+87,400
| +12% | +$1.55M |
|
1813
CALL
HSBC
HSBC
$357B
| $13.9M | ﹤0.01% |
709,500
-267,300
| -27% | -$5.86M |
|
|
SKX
1814
PUT
DELISTED
Skechers
SKX
| $13.9M | ﹤0.01% |
459,300
+123,100
| +37% | +$3.67M |
|
1815
CALL
Fortive
FTV
$18.6B
| $13.9M | ﹤0.01% |
288,609
+143,353
| +99% | +$6.54M |
|
1816
PUT
argenx
ARGX
$53.3B
| $13.9M | ﹤0.01% |
52,800
-30,700
| -37% | -$7.38M |
|
1817
Annaly Capital Management
NLY
$17.6B
| $13.9M | ﹤0.01% |
486,699
-266,144
| -35% | -$7.7M |
|
1818
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $13.9M | ﹤0.01% |
780,648
-1,469,696
| -65% | -$25.2M |
|
1819
Crown Holdings
CCK
$12.9B
| $13.8M | ﹤0.01% |
180,196
-2,612
| -1% | -$191K |
|
1820
CALL
Camping World
CWH
$662M
| $13.8M | ﹤0.01% |
465,400
+88,500
| +23% | +$2.89M |
|
1821
CALL
O'Reilly Automotive
ORLY
$73.7B
| $13.8M | ﹤0.01% |
450,000
-967,500
| -68% | -$29.4M |
|
1822
CALL
Alcoa
AA
$13.2B
| $13.8M | ﹤0.01% |
1,188,400
-365,600
| -24% | -$4.91M |
|
|
SNP
1823
PUT
DELISTED
CHINA PETROLEUM & CHEMICAL CORPORATION ADS (REP 100 ORDINARY H SHARES)
SNP
| $13.8M | ﹤0.01% |
341,500
+138,300
| +68% | +$6.07M |
|
1824
PUT
iShares Russell Mid-Cap Growth ETF
IWP
$21.1B
| $13.8M | ﹤0.01% |
159,800
+147,200
| +1,168% | +$12.4M |
|
1825
PUT
Boyd Gaming
BYD
$6.11B
| $13.8M | ﹤0.01% |
449,900
-25,000
| -5% | -$628K |
|
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.