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 | |
|---|---|---|---|---|---|---|
526
PUT
American International
AIG
$40.6B
| $110M | 0.02% |
4,012,300
+1,025,300
| +34% | +$30.6M |
|
527
CALL
Elevance Health
ELV
$86.2B
| $110M | 0.02% |
411,000
-83,800
| -17% | -$22.5M |
|
528
PUT
RingCentral
RNG
$5.35B
| $110M | 0.02% |
400,600
+90,700
| +29% | +$25.2M |
|
529
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$293M
| $110M | 0.02% |
2,203
+757
| +52% | +$45.4M |
|
530
Costco
COST
$423B
| $109M | 0.02% |
307,538
-477,670
| -61% | -$161M |
|
531
CALL
Vale
VALE
$63.4B
| $109M | 0.02% |
10,311,200
+7,384,500
| +252% | +$82.9M |
|
532
Regeneron Pharmaceuticals
REGN
$83.2B
| $109M | 0.02% |
194,510
+90,210
| +86% | +$54.7M |
|
533
Johnson & Johnson
JNJ
$631B
| $109M | 0.02% |
729,981
-469,173
| -39% | -$69.4M |
|
|
LVGO
534
CALL
DELISTED
Livongo Health, Inc. Common Stock
LVGO
| $108M | 0.02% |
774,700
+412,900
| +114% | +$50.3M |
|
535
PUT
Virgin Galactic
SPCE
$489M
| $108M | 0.02% |
281,750
+35,195
| +14% | +$13.4M |
|
536
CALL
Dollar General
DG
$27B
| $108M | 0.02% |
516,200
+75,000
| +17% | +$14.8M |
|
537
PUT
Dow Inc
DOW
$22.1B
| $108M | 0.02% |
2,293,700
+552,500
| +32% | +$24.8M |
|
538
PUT
Norfolk Southern
NSC
$75B
| $108M | 0.02% |
504,100
+130,100
| +35% | +$26.1M |
|
539
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.45B
| $107M | 0.02% |
3,511,500
-45,700
| -1% | -$1.43M |
|
540
iShares MSCI Brazil ETF
EWZ
$8.91B
| $107M | 0.02% |
3,878,663
+1,981,562
| +104% | +$60.8M |
|
541
PUT
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$22.2B
| $107M | 0.02% |
6,351,000
-1,602,000
| -20% | -$24.8M |
|
|
PXD
542
CALL
DELISTED
Pioneer Natural Resource Co.
PXD
| $107M | 0.02% |
1,245,400
-115,100
| -8% | -$11.3M |
|
543
PUT
Carnival Corporation Ltd
CCL
$38B
| $107M | 0.02% |
7,028,700
-1,173,200
| -14% | -$18.1M |
|
544
CALL
Match Group
MTCH
$8.43B
| $107M | 0.02% |
962,700
-835,500
| -46% | -$88.5M |
|
545
General Motors
GM
$77.2B
| $106M | 0.02% |
3,586,761
-535,434
| -13% | -$15M |
|
546
PUT
Align Technology
ALGN
$12.5B
| $106M | 0.02% |
323,100
-97,100
| -23% | -$29.6M |
|
547
CALL
Las Vegas Sands
LVS
$29.4B
| $105M | 0.02% |
2,253,600
+842,900
| +60% | +$40.3M |
|
548
Mercado Libre
MELI
$92.5B
| $105M | 0.02% |
97,118
+57,755
| +147% | +$62.7M |
|
549
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.56B
| $105M | 0.02% |
2,937,600
+743,300
| +34% | +$28M |
|
550
CALL
American Tower
AMT
$78.8B
| $104M | 0.02% |
430,300
+22,300
| +5% | +$5.65M |
|
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.