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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.46B |
| 2 |
Apple
AAPL
|
+$931M |
| 3 |
Tesla
TSLA
|
+$793M |
| 4 |
Invesco QQQ Trust
QQQ
|
+$769M |
| 5 |
Alphabet (Google) Class C
GOOG
|
+$644M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Citigroup
C
|
+$703M |
| 2 |
Bank of America
BAC
|
+$690M |
| 3 |
Amazon
AMZN
|
+$678M |
| 4 |
JPMorgan Chase
JPM
|
+$601M |
| 5 |
Meta Platforms (Facebook)
META
|
+$431M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.48% |
| 3 | Healthcare | 0.92% |
| 4 | Communication Services | 0.78% |
| 5 | Financials | 0.75% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Trex
TREX
$5.06B
| $15.1M | ﹤0.01% |
180,300
+117,500
| +187% | +$8.99M |
|
|
FISV
2002
Fiserv Inc
FISV
$28.9B
| $15.1M | ﹤0.01% |
132,547
-4,887
| -4% | -$527K |
|
2003
PUT
BlackBerry
BB
$5.22B
| $15.1M | ﹤0.01% |
2,272,000
+906,800
| +66% | +$5.36M |
|
2004
CALL
Harley-Davidson
HOG
$2.89B
| $15.1M | ﹤0.01% |
410,100
+75,900
| +23% | +$2.6M |
|
2005
PUT
Mettler-Toledo International
MTD
$28.4B
| $15M | ﹤0.01% |
13,200
-2,400
| -15% | -$2.63M |
|
2006
CALL
Antero Resources
AR
$11.5B
| $15M | ﹤0.01% |
2,759,900
+1,712,000
| +163% | +$7.02M |
|
2007
CALL
Pultegroup
PHM
$24.8B
| $15M | ﹤0.01% |
348,500
-134,800
| -28% | -$5.97M |
|
2008
PUT
Alaska Air
ALK
$5.13B
| $15M | ﹤0.01% |
288,400
-543,700
| -65% | -$24.5M |
|
2009
CALL
Gen Digital
GEN
$17B
| $15M | ﹤0.01% |
721,000
-108,200
| -13% | -$2.18M |
|
2010
CALL
Hartford Financial Services
HIG
$37.8B
| $15M | ﹤0.01% |
305,700
+15,900
| +5% | +$686K |
|
|
RMO
2011
CALL
DELISTED
Romeo Power, Inc.
RMO
| $15M | ﹤0.01% |
+665,800
| New | +$9.71M |
|
2012
CALL
AerCap
AER
$24B
| $15M | ﹤0.01% |
328,500
+68,400
| +26% | +$2.39M |
|
2013
HP
HPQ
$27.5B
| $15M | ﹤0.01% |
608,785
-23,337
| -4% | -$490K |
|
2014
Peabody Energy
BTU
$3.11B
| $14.9M | ﹤0.01% |
6,196,572
+50,710
| +0.8% | +$82.3K |
|
2015
CALL
AvalonBay Communities
AVB
$26.3B
| $14.9M | ﹤0.01% |
92,900
+50,000
| +117% | +$7.95M |
|
2016
CALL
Yelp
YELP
$1.34B
| $14.9M | ﹤0.01% |
456,200
+114,500
| +34% | +$3.01M |
|
|
APHA
2017
DELISTED
Aphria Inc. Common Shares
APHA
| $14.9M | ﹤0.01% |
2,149,235
-146,011
| -6% | -$911K |
|
|
VRNT
2018
CALL
DELISTED
Verint Systems
VRNT
| $14.9M | ﹤0.01% |
434,412
-354,910
| -45% | -$10.1M |
|
|
NUAN
2019
CALL
DELISTED
Nuance Communications, Inc.
NUAN
| $14.9M | ﹤0.01% |
337,200
+38,100
| +13% | +$1.44M |
|
2020
CALL
B&G Foods
BGS
$294M
| $14.9M | ﹤0.01% |
536,100
-60,700
| -10% | -$1.71M |
|
2021
PUT
Incyte
INCY
$24.4B
| $14.8M | ﹤0.01% |
170,400
+54,600
| +47% | +$4.72M |
|
2022
Truist Financial
TFC
$64.9B
| $14.8M | ﹤0.01% |
309,182
+140,661
| +83% | +$6.37M |
|
2023
PUT
Unilever
UL
$134B
| $14.8M | ﹤0.01% |
217,867
+35,023
| +19% | +$2.38M |
|
2024
CALL
SAP
SAP
$240B
| $14.8M | ﹤0.01% |
113,400
+26,200
| +30% | +$3.38M |
|
|
CMA
2025
CALL
DELISTED
Comerica
CMA
| $14.8M | ﹤0.01% |
264,600
-309,900
| -54% | -$15.1M |
|
Similar funds
Susquehanna International Group's Q4 2020 Portfolio in Review
As of Q4 2020, Susquehanna International Group held 12,204 positions worth $612B, up 17% from $522B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Susquehanna International Group's Q4 2020 filing shows 1,723 new, 4,580 increased, 4,534 reduced and 1,264 closed positions. Its largest new stake was International Flavors & Fragrances: 726,729 shares worth $79.1M. The largest sale was Citigroup, an estimated $703M.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, up from 2% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Susquehanna International Group's largest Q4 2020 buy was International Flavors & Fragrances: 726,729 shares worth $79.1M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q4 2020, an estimated $1.46B increase.
- Susquehanna International Group's biggest Q4 2020 reduction was Citigroup, cutting an estimated $703M.
- Susquehanna International Group fully exited Vanguard Total International Bond ETF in Q4 2020, selling an estimated $146M.
- Susquehanna International Group's ten largest holdings make up 32% of its $612B portfolio in Q4 2020.
- Susquehanna International Group opened 1,723 new positions and closed 1,264 in Q4 2020.
- Susquehanna International Group's portfolio value rose 17% quarter-over-quarter to $612B.
Based on Susquehanna International Group's 13F filing for Q4 2020, filed 16 Feb 2021.