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 | |
|---|---|---|---|---|---|---|
|
OPTU
2551
CALL
Optimum Communications Inc
OPTU
$244M
| $7.38M | ﹤0.01% |
284,000
-104,300
| -27% | -$2.71M |
|
2552
State Street SPDR S&P 600 Small Cap Growth ETF
SLYG
$5.25B
| $7.37M | ﹤0.01% |
124,866
+12,309
| +11% | +$736K |
|
2553
PUT
Corteva
CTVA
$51.4B
| $7.37M | ﹤0.01% |
255,700
-269,300
| -51% | -$7.58M |
|
|
RETA
2554
PUT
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $7.37M | ﹤0.01% |
75,600
-22,500
| -23% | -$2.81M |
|
|
NUVA
2555
CALL
DELISTED
NuVasive, Inc.
NUVA
| $7.36M | ﹤0.01% |
151,600
-19,500
| -11% | -$1.05M |
|
2556
PUT
LivePerson
LPSN
$34.9M
| $7.36M | ﹤0.01% |
9,433
+3,866
| +69% | +$2.9M |
|
2557
CALL
Wabtec
WAB
$50.7B
| $7.36M | ﹤0.01% |
118,900
+54,300
| +84% | +$3.48M |
|
2558
CALL
Appian
APPN
$2.56B
| $7.36M | ﹤0.01% |
113,600
+53,800
| +90% | +$2.91M |
|
2559
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.74B
| $7.35M | ﹤0.01% |
224,124
+199,353
| +805% | +$6.57M |
|
|
NBL
2560
DELISTED
Noble Energy, Inc.
NBL
| $7.35M | ﹤0.01% |
859,469
-335,449
| -28% | -$3.28M |
|
2561
Medpace
MEDP
$16.2B
| $7.34M | ﹤0.01% |
65,729
+36,202
| +123% | +$4.19M |
|
2562
CALL
Smith & Wesson
SWBI
$641M
| $7.34M | ﹤0.01% |
472,700
-162,448
| -26% | -$2.87M |
|
2563
CALL
Groupon
GRPN
$869M
| $7.32M | ﹤0.01% |
358,800
-173,700
| -33% | -$4.05M |
|
2564
PUT
Eastman Chemical
EMN
$8.47B
| $7.31M | ﹤0.01% |
93,600
-7,200
| -7% | -$543K |
|
|
EVRI
2565
CALL
DELISTED
Everi Holdings
EVRI
| $7.3M | ﹤0.01% |
884,800
+17,400
| +2% | +$121K |
|
2566
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $7.3M | ﹤0.01% |
174,700
+24,500
| +16% | +$1.21M |
|
2567
PUT
Repligen
RGEN
$9.44B
| $7.29M | ﹤0.01% |
49,400
-12,300
| -20% | -$1.76M |
|
2568
Honeywell
HON
$74.2B
| $7.29M | ﹤0.01% |
46,963
-171,757
| -79% | -$25.5M |
|
2569
PUT
Gogo Inc
GOGO
$378M
| $7.28M | ﹤0.01% |
787,400
-1,900
| -0.2% | -$10.4K |
|
2570
CALL
JetBlue
JBLU
$2.1B
| $7.28M | ﹤0.01% |
642,200
+125,800
| +24% | +$1.41M |
|
2571
Xtrackers MSCI All World ex US Hedged Equity ETF
DBAW
$305M
| $7.26M | ﹤0.01% |
+266,256
| New | +$7.3M |
|
2572
CALL
Encompass Health
EHC
$12.2B
| $7.26M | ﹤0.01% |
140,407
-10,936
| -7% | -$561K |
|
|
TWOU
2573
PUT
DELISTED
2U Inc
TWOU
| $7.26M | ﹤0.01% |
7,143
-490
| -6% | -$583K |
|
|
SRNE
2574
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $7.24M | ﹤0.01% |
649,228
-129,615
| -17% | -$1.19M |
|
2575
CALL
Huntsman Corp
HUN
$1.8B
| $7.22M | ﹤0.01% |
325,100
-123,500
| -28% | -$2.54M |
|
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.