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 | |
|---|---|---|---|---|---|---|
3051
PUT
Hyatt Hotels
H
$17.1B
| $4.88M | ﹤0.01% |
91,500
-783,300
| -90% | -$42M |
|
|
BLDP
3052
CALL
Ballard Power Systems
BLDP
$814M
| $4.87M | ﹤0.01% |
322,800
-97,800
| -23% | -$1.57M |
|
3053
WisdomTree US MidCap Dividend Fund
DON
$4.13B
| $4.87M | ﹤0.01% |
168,516
+87,685
| +108% | +$2.58M |
|
3054
Compugen
CGEN
$228M
| $4.87M | ﹤0.01% |
299,851
+85,101
| +40% | +$1.39M |
|
3055
CALL
Nexstar Media Group
NXST
$5.84B
| $4.87M | ﹤0.01% |
54,100
-119,400
| -69% | -$10.8M |
|
3056
CALL
AptarGroup
ATR
$8.4B
| $4.86M | ﹤0.01% |
42,900
+19,900
| +87% | +$2.33M |
|
3057
CF Industries
CF
$17.9B
| $4.86M | ﹤0.01% |
158,102
+28,912
| +22% | +$922K |
|
3058
The RealReal
REAL
$1.39B
| $4.86M | ﹤0.01% |
335,491
+285,376
| +569% | +$4.36M |
|
3059
CALL
Brink's
BCO
$4.71B
| $4.85M | ﹤0.01% |
118,100
+99,200
| +525% | +$4.37M |
|
3060
PUT
Inspire Medical Systems
INSP
$1.65B
| $4.85M | ﹤0.01% |
37,600
+17,900
| +91% | +$1.97M |
|
3061
CALL
Ashland
ASH
$3.38B
| $4.85M | ﹤0.01% |
68,400
+32,000
| +88% | +$2.37M |
|
3062
CALL
iShares MSCI China ETF
MCHI
$6.16B
| $4.85M | ﹤0.01% |
65,400
-84,100
| -56% | -$6.16M |
|
3063
CALL
Entergy
ETR
$50.3B
| $4.85M | ﹤0.01% |
98,400
+8,400
| +9% | +$416K |
|
3064
PUT
Tyler Technologies
TYL
$13.5B
| $4.84M | ﹤0.01% |
13,900
-19,400
| -58% | -$6.71M |
|
3065
PUT
Oshkosh
OSK
$9.44B
| $4.84M | ﹤0.01% |
65,900
+37,600
| +133% | +$2.9M |
|
|
BCLI
3066
CALL
DELISTED
BRAINSTORM CELL THERAPUTC
BCLI
| $4.84M | ﹤0.01% |
19,080
+693
| +4% | +$142K |
|
3067
CALL
Cytokinetics
CYTK
$10.3B
| $4.84M | ﹤0.01% |
223,700
+165,000
| +281% | +$3.86M |
|
3068
PUT
Digital Turbine
APPS
$1.51B
| $4.84M | ﹤0.01% |
147,900
+44,500
| +43% | +$958K |
|
|
CHNG
3069
CALL
DELISTED
Change Healthcare Inc. Common Stock
CHNG
| $4.84M | ﹤0.01% |
333,700
+227,800
| +215% | +$2.9M |
|
|
TPIC
3070
CALL
DELISTED
TPI Composites
TPIC
| $4.82M | ﹤0.01% |
+166,500
| New | +$4.67M |
|
3071
CALL
Marriott Vacations Worldwide
VAC
$4.16B
| $4.82M | ﹤0.01% |
53,100
+17,700
| +50% | +$1.61M |
|
3072
PUT
Jones Lang LaSalle
JLL
$17.3B
| $4.81M | ﹤0.01% |
50,300
+30,600
| +155% | +$3.08M |
|
3073
PTC
PTC
$16.2B
| $4.81M | ﹤0.01% |
58,141
+52,343
| +903% | +$4.46M |
|
3074
iShares US Industrials ETF
IYJ
$1.97B
| $4.8M | ﹤0.01% |
57,436
+14,934
| +35% | +$1.21M |
|
3075
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $4.8M | ﹤0.01% |
30,510
+14,328
| +89% | +$2.34M |
|
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.