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 | |
|---|---|---|---|---|---|---|
1926
Macerich
MAC
$7.01B
| $12.5M | ﹤0.01% |
1,841,972
+1,098,539
| +148% | +$8.63M |
|
1927
CALL
JFrog
FROG
$11.6B
| $12.5M | ﹤0.01% |
+147,600
| New | +$11M |
|
1928
Toyota
TM
$226B
| $12.5M | ﹤0.01% |
+94,207
| New | +$12.3M |
|
1929
Repligen
RGEN
$9.42B
| $12.5M | ﹤0.01% |
84,497
+51,895
| +159% | +$7.42M |
|
1930
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $12.5M | ﹤0.01% |
5,514
+2,861
| +108% | +$6.64M |
|
1931
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $12.4M | ﹤0.01% |
535,600
-18,400
| -3% | -$435K |
|
1932
PUT
Monolithic Power Systems
MPWR
$68.9B
| $12.4M | ﹤0.01% |
44,500
+30,500
| +218% | +$7.94M |
|
1933
Elanco Animal Health
ELAN
$11.8B
| $12.4M | ﹤0.01% |
443,530
-152,643
| -26% | -$3.87M |
|
|
Y
1934
PUT
DELISTED
Alleghany Corp
Y
| $12.4M | ﹤0.01% |
23,800
+10,100
| +74% | +$5.31M |
|
1935
PUT
Acuity Brands
AYI
$10.7B
| $12.3M | ﹤0.01% |
120,300
+14,700
| +14% | +$1.51M |
|
1936
SS&C Technologies
SSNC
$19.1B
| $12.3M | ﹤0.01% |
203,084
-93,501
| -32% | -$5.59M |
|
|
MOMO
1937
PUT
Hello Group
MOMO
$850M
| $12.3M | ﹤0.01% |
892,800
-258,500
| -22% | -$4.7M |
|
|
MOMO
1938
Hello Group
MOMO
$850M
| $12.3M | ﹤0.01% |
892,631
-430,315
| -33% | -$7.83M |
|
|
DISCK
1939
DELISTED
Discovery, Inc. Series C Common Stock
DISCK
| $12.3M | ﹤0.01% |
625,811
-24,697
| -4% | -$488K |
|
1940
PUT
Tower Semiconductor
TSEM
$30B
| $12.2M | ﹤0.01% |
672,100
+90,400
| +16% | +$1.82M |
|
|
1941
CALL
Toyota
TM
$226B
| $12.2M | ﹤0.01% |
92,400
-134,600
| -59% | -$17.5M |
|
1942
PUT
Dynatrace
DT
$14.2B
| $12.2M | ﹤0.01% |
298,200
+117,900
| +65% | +$4.83M |
|
1943
PUT
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $12.2M | ﹤0.01% |
185,200
-19,500
| -10% | -$1.62M |
|
1944
PUT
MPLX
MPLX
$60.3B
| $12.2M | ﹤0.01% |
774,600
+48,300
| +7% | +$872K |
|
|
GWPH
1945
CALL
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $12.2M | ﹤0.01% |
125,200
+17,000
| +16% | +$1.96M |
|
|
MRTX
1946
PUT
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $12.2M | ﹤0.01% |
73,200
-3,100
| -4% | -$424K |
|
|
WRK
1947
CALL
DELISTED
WestRock Company
WRK
| $12.1M | ﹤0.01% |
349,600
-130,800
| -27% | -$4.04M |
|
1948
CALL
iShares US Transportation ETF
IYT
$2.28B
| $12.1M | ﹤0.01% |
244,000
-12,800
| -5% | -$599K |
|
1949
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $12.1M | ﹤0.01% |
109,800
-19,100
| -15% | -$2.11M |
|
1950
W.P. Carey
WPC
$16.3B
| $12.1M | ﹤0.01% |
189,692
-53,649
| -22% | -$3.61M |
|
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.