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 | |
|---|---|---|---|---|---|---|
1976
Danaher
DHR
$142B
| $11.8M | ﹤0.01% |
61,612
-19,976
| -24% | -$3.55M |
|
1977
CALL
Invesco Mortgage Capital
IVR
$805M
| $11.7M | ﹤0.01% |
433,030
-41,840
| -9% | -$1.29M |
|
1978
Autodesk
ADSK
$53.1B
| $11.7M | ﹤0.01% |
50,765
-35,187
| -41% | -$8.36M |
|
1979
CALL
Madison Square Garden
MSGS
$9.8B
| $11.7M | ﹤0.01% |
77,900
-61,600
| -44% | -$9.67M |
|
1980
CALL
Repligen
RGEN
$9.42B
| $11.7M | ﹤0.01% |
79,400
+8,900
| +13% | +$1.27M |
|
|
UNIT
1981
CALL
Uniti Group
UNIT
$2.43B
| $11.7M | ﹤0.01% |
1,111,000
-323,200
| -23% | -$3.13M |
|
1982
NovaGold Resources
NG
$3.48B
| $11.7M | ﹤0.01% |
984,128
+306,266
| +45% | +$2.99M |
|
1983
CALL
Schwab US Dividend Equity ETF
SCHD
$108B
| $11.7M | ﹤0.01% |
634,500
+188,400
| +42% | +$3.47M |
|
1984
BJs Wholesale Club
BJ
$11.9B
| $11.7M | ﹤0.01% |
281,243
+260,378
| +1,248% | +$10.8M |
|
|
WWE
1985
PUT
DELISTED
World Wrestling Entertainment
WWE
| $11.7M | ﹤0.01% |
288,500
-70,700
| -20% | -$3.1M |
|
1986
CALL
Axalta
AXTA
$7.99B
| $11.7M | ﹤0.01% |
526,000
-49,700
| -9% | -$1.15M |
|
1987
CALL
Herbalife
HLF
$1.29B
| $11.6M | ﹤0.01% |
249,500
+55,900
| +29% | +$2.74M |
|
1988
Jazz Pharmaceuticals
JAZZ
$15.9B
| $11.6M | ﹤0.01% |
81,569
+28,346
| +53% | +$3.51M |
|
1989
iShares Core US Aggregate Bond ETF
AGG
$138B
| $11.6M | ﹤0.01% |
98,058
-546,565
| -85% | -$64.8M |
|
1990
PUT
InMode
INMD
$872M
| $11.5M | ﹤0.01% |
638,000
-175,400
| -22% | -$2.88M |
|
1991
General Dynamics
GD
$107B
| $11.5M | ﹤0.01% |
83,299
-45,314
| -35% | -$6.69M |
|
1992
PUT
Manulife Financial
MFC
$73.8B
| $11.5M | ﹤0.01% |
828,100
-64,600
| -7% | -$925K |
|
|
MAXR
1993
DELISTED
Maxar Technologies Inc. Common Stock
MAXR
| $11.5M | ﹤0.01% |
461,640
-83,247
| -15% | -$1.84M |
|
1994
CALL
Blink Charging
BLNK
$85.9M
| $11.5M | ﹤0.01% |
1,116,100
+920,800
| +471% | +$7.5M |
|
1995
PUT
iShares MBS ETF
MBB
$39.1B
| $11.5M | ﹤0.01% |
104,000
+400
| +0.4% | +$44.2K |
|
|
CS
1996
DELISTED
Credit Suisse Group
CS
| $11.5M | ﹤0.01% |
1,151,482
+218,357
| +23% | +$2.34M |
|
|
IGMS
1997
PUT
DELISTED
IGM Biosciences
IGMS
| $11.5M | ﹤0.01% |
+155,500
| New | +$9.2M |
|
|
HBI
1998
PUT
DELISTED
Hanesbrands
HBI
| $11.5M | ﹤0.01% |
728,500
-632,000
| -46% | -$9.28M |
|
1999
Tilray
TLRY
$636M
| $11.4M | ﹤0.01% |
235,875
+86,400
| +58% | +$5.77M |
|
|
MXIM
2000
CALL
DELISTED
Maxim Integrated Products
MXIM
| $11.4M | ﹤0.01% |
169,200
-10,600
| -6% | -$717K |
|
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.