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 | |
|---|---|---|---|---|---|---|
2601
PUT
Cooper Companies
COO
$14.9B
| $7.08M | ﹤0.01% |
84,000
-120,000
| -59% | -$9.21M |
|
2602
CALL
Vanguard FTSE Europe ETF
VGK
$31B
| $7.08M | ﹤0.01% |
134,600
-35,200
| -21% | -$1.88M |
|
2603
Chemours
CC
$2.37B
| $7.08M | ﹤0.01% |
338,459
-204,286
| -38% | -$3.94M |
|
2604
PUT
Vanguard Morningstar Value ETF
VTV
$194B
| $7.08M | ﹤0.01% |
67,700
+27,700
| +69% | +$2.9M |
|
2605
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $7.07M | ﹤0.01% |
160,400
+24,400
| +18% | +$1.06M |
|
2606
CALL
Tapestry
TPR
$26B
| $7.07M | ﹤0.01% |
452,000
+31,400
| +7% | +$462K |
|
2607
CALL
FMC
FMC
$1.28B
| $7.06M | ﹤0.01% |
66,700
-115,600
| -63% | -$12.4M |
|
|
CCXI
2608
PUT
DELISTED
ChemoCentryx, Inc.
CCXI
| $7.06M | ﹤0.01% |
128,900
-141,300
| -52% | -$7.61M |
|
2609
CALL
iShares S&P 500 Value ETF
IVE
$50.4B
| $7.05M | ﹤0.01% |
62,700
+14,300
| +30% | +$1.62M |
|
2610
CALL
Takeda Pharmaceutical
TAK
$56.3B
| $7.05M | ﹤0.01% |
395,200
+22,900
| +6% | +$417K |
|
2611
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.72B
| $7.04M | ﹤0.01% |
113,526
+106,202
| +1,450% | +$6.32M |
|
2612
Nice
NICE
$6.02B
| $7.04M | ﹤0.01% |
31,016
+28,497
| +1,131% | +$6.06M |
|
2613
PUT
Itaú Unibanco
ITUB
$80.8B
| $7.04M | ﹤0.01% |
2,430,776
-223,947
| -8% | -$760K |
|
2614
CALL
LendingTree
TREE
$455M
| $7.03M | ﹤0.01% |
22,900
-5,800
| -20% | -$1.84M |
|
2615
CALL
Bloomin' Brands
BLMN
$898M
| $7.02M | ﹤0.01% |
459,900
+167,900
| +58% | +$2.17M |
|
2616
CALL
LiveRamp
RAMP
$2.3B
| $7.02M | ﹤0.01% |
135,600
+15,400
| +13% | +$770K |
|
2617
Yum! Brands
YUM
$40.8B
| $7.02M | ﹤0.01% |
76,861
+17,877
| +30% | +$1.65M |
|
2618
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $7.01M | ﹤0.01% |
56,147
+45,184
| +412% | +$5.65M |
|
2619
Bread Financial
BFH
$4.57B
| $7M | ﹤0.01% |
208,911
-258,794
| -55% | -$9.2M |
|
2620
Cheesecake Factory
CAKE
$5.59B
| $7M | ﹤0.01% |
252,290
+122,816
| +95% | +$3.22M |
|
|
LKFT
2621
CALL
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $7M | ﹤0.01% |
49,300
-5,000
| -9% | -$834K |
|
|
LKFT
2622
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $7M | ﹤0.01% |
49,300
-11,000
| -18% | -$1.83M |
|
|
ABB
2623
PUT
DELISTED
ABB Ltd
ABB
| $7M | ﹤0.01% |
274,900
+142,700
| +108% | +$3.64M |
|
2624
CALL
Hewlett Packard
HPE
$77.9B
| $6.99M | ﹤0.01% |
745,900
+235,000
| +46% | +$2.24M |
|
2625
Ciena
CIEN
$60.3B
| $6.99M | ﹤0.01% |
176,054
+90,105
| +105% | +$4.74M |
|
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.