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 | |
|---|---|---|---|---|---|---|
|
CONE
2626
CALL
DELISTED
CyrusOne Inc Common Stock
CONE
| $6.98M | ﹤0.01% |
99,700
-29,400
| -23% | -$2.31M |
|
2627
Invesco Senior Loan ETF
BKLN
$6.76B
| $6.98M | ﹤0.01% |
321,108
+119,876
| +60% | +$2.61M |
|
2628
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $6.97M | ﹤0.01% |
318,100
-178,200
| -36% | -$3.93M |
|
|
FLIR
2629
DELISTED
FLIR Systems, Inc. (DE) Common Stock
FLIR
| $6.97M | ﹤0.01% |
194,507
-175,622
| -47% | -$6.69M |
|
|
HZNP
2630
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $6.97M | ﹤0.01% |
89,745
+75,218
| +518% | +$5.18M |
|
|
PFPT
2631
PUT
DELISTED
Proofpoint, Inc.
PFPT
| $6.96M | ﹤0.01% |
65,900
+32,100
| +95% | +$3.58M |
|
|
ARNA
2632
PUT
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $6.96M | ﹤0.01% |
93,000
-44,400
| -32% | -$2.96M |
|
|
GAN
2633
DELISTED
GAN Ltd
GAN
| $6.95M | ﹤0.01% |
411,250
+228,314
| +125% | +$4.84M |
|
2634
Ovintiv
OVV
$17.4B
| $6.94M | ﹤0.01% |
850,029
+150,235
| +21% | +$1.55M |
|
|
TWOU
2635
CALL
DELISTED
2U Inc
TWOU
| $6.93M | ﹤0.01% |
6,827
+1,670
| +32% | +$1.99M |
|
2636
CALL
Zimmer Biomet
ZBH
$19.2B
| $6.93M | ﹤0.01% |
52,427
-59,225
| -53% | -$7.74M |
|
2637
Unity
U
$20.4B
| $6.92M | ﹤0.01% |
+79,280
| New | +$6.69M |
|
2638
Carrier Global
CARR
$51.8B
| $6.91M | ﹤0.01% |
226,131
-241,177
| -52% | -$6.82M |
|
2639
PUT
B&G Foods
BGS
$294M
| $6.89M | ﹤0.01% |
248,200
-44,700
| -15% | -$1.25M |
|
2640
CALL
Universal Health Services
UHS
$10B
| $6.89M | ﹤0.01% |
64,400
-12,300
| -16% | -$1.32M |
|
|
KYNB
2641
PUT
Kyntra Bio
KYNB
$28.5M
| $6.89M | ﹤0.01% |
6,700
-1,308
| -16% | -$1.41M |
|
|
MYOV
2642
PUT
DELISTED
Myovant Sciences Ltd.
MYOV
| $6.89M | ﹤0.01% |
490,200
+282,000
| +135% | +$5.25M |
|
2643
PUT
NCR Voyix
VYX
$1.13B
| $6.88M | ﹤0.01% |
506,767
-117,360
| -19% | -$1.39M |
|
2644
iShares MSCI USA Min Vol Factor ETF
USMV
$24.5B
| $6.88M | ﹤0.01% |
107,927
+7,533
| +8% | +$478K |
|
|
NVRO
2645
PUT
DELISTED
NEVRO CORP.
NVRO
| $6.87M | ﹤0.01% |
49,300
-39,800
| -45% | -$5.32M |
|
2646
CALL
Yelp
YELP
$1.34B
| $6.87M | ﹤0.01% |
341,700
-149,100
| -30% | -$3.4M |
|
2647
Guidewire Software
GWRE
$14.6B
| $6.86M | ﹤0.01% |
65,745
+50,162
| +322% | +$5.64M |
|
2648
Lennar Class A
LEN
$20.9B
| $6.85M | ﹤0.01% |
86,688
-103,501
| -54% | -$7.35M |
|
2649
CALL
Amphenol
APH
$206B
| $6.85M | ﹤0.01% |
253,200
-166,000
| -40% | -$4.37M |
|
2650
PUT
Lennox International
LII
$14.6B
| $6.84M | ﹤0.01% |
25,100
-77,100
| -75% | -$20.6M |
|
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.