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 | 1.97% |
| 2 | Consumer Discretionary | 1.07% |
| 3 | Financials | 0.99% |
| 4 | Communication Services | 0.78% |
| 5 | Healthcare | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
401
CALL
iShares US Real Estate ETF
IYR
$4.52B
| $161M | 0.03% |
2,012,400
-670,400
| -25% | -$54.1M |
|
402
PUT
MongoDB
MDB
$33.5B
| $161M | 0.03% |
693,600
-5,400
| -0.8% | -$1.17M |
|
403
PUT
Novavax
NVAX
$1.3B
| $161M | 0.03% |
1,481,800
+398,800
| +37% | +$48.6M |
|
404
CALL
iShares TIPS Bond ETF
TIP
$14.7B
| $160M | 0.03% |
1,266,400
+983,200
| +347% | +$124M |
|
405
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$34.5B
| $160M | 0.03% |
2,072,500
+37,800
| +2% | +$2.83M |
|
406
CALL
Carvana
CVNA
$81.5B
| $159M | 0.03% |
3,567,500
+294,000
| +9% | +$10.4M |
|
407
CALL
CME Group
CME
$94.8B
| $158M | 0.03% |
945,100
+41,300
| +5% | +$6.96M |
|
408
CALL
United Rentals
URI
$70.8B
| $158M | 0.03% |
904,100
+67,500
| +8% | +$11.3M |
|
409
PUT
Datadog
DDOG
$93.6B
| $157M | 0.03% |
1,532,500
+892,900
| +140% | +$77.7M |
|
410
CALL
Deere & Co
DE
$164B
| $156M | 0.03% |
704,500
-76,600
| -10% | -$14.8M |
|
|
DOCU
411
DocuSign
DOCU
$11.4B
| $155M | 0.03% |
720,718
+285,412
| +66% | +$59.2M |
|
412
PUT
Abbott
ABT
$188B
| $155M | 0.03% |
1,421,700
+16,600
| +1% | +$1.68M |
|
413
PUT
Freeport-McMoran
FCX
$98.7B
| $154M | 0.03% |
9,868,200
+311,800
| +3% | +$4.5M |
|
414
CALL
iShares Expanded Tech-Software Sector ETF
IGV
$15.1B
| $154M | 0.03% |
2,473,500
+606,500
| +32% | +$36.4M |
|
415
PUT
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $152M | 0.03% |
1,367,900
-485,000
| -26% | -$54.5M |
|
416
CALL
NXP Semiconductors
NXPI
$58.9B
| $151M | 0.03% |
1,211,300
-521,300
| -30% | -$63.6M |
|
417
PUT
American Tower
AMT
$78.8B
| $151M | 0.03% |
623,600
+33,800
| +6% | +$8.57M |
|
|
418
PUT
CME Group
CME
$94.8B
| $151M | 0.03% |
900,700
+101,500
| +13% | +$17.1M |
|
419
Pinterest
PINS
$13.8B
| $151M | 0.03% |
3,626,251
+2,763,162
| +320% | +$90.1M |
|
420
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.75B
| $151M | 0.03% |
50,489
+44,319
| +718% | +$154M |
|
421
CALL
ASML
ASML
$666B
| $150M | 0.03% |
407,100
+168,100
| +70% | +$62.8M |
|
422
CALL
Eli Lilly
LLY
$1.1T
| $150M | 0.03% |
1,013,800
-119,900
| -11% | -$18.6M |
|
423
CALL
PENN Entertainment
PENN
$2.53B
| $150M | 0.03% |
2,063,400
+555,700
| +37% | +$27.3M |
|
424
CALL
Applied Materials
AMAT
$415B
| $149M | 0.03% |
2,512,500
+264,200
| +12% | +$16.3M |
|
425
PUT
DexCom
DXCM
$33.1B
| $149M | 0.03% |
1,447,600
-47,200
| -3% | -$4.93M |
|
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.