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 | |
|---|---|---|---|---|---|---|
601
PUT
Intuit
INTU
$91.6B
| $91.3M | 0.02% |
279,900
+60,300
| +27% | +$18.9M |
|
|
PARA
602
DELISTED
Paramount Global Class B
PARA
| $91.1M | 0.02% |
3,251,868
-2,060,909
| -39% | -$55.2M |
|
603
CALL
C.H. Robinson
CHRW
$17.1B
| $91M | 0.02% |
890,100
-44,500
| -5% | -$4.18M |
|
604
CALL
Franco-Nevada
FNV
$46.3B
| $90.9M | 0.02% |
651,100
+88,500
| +16% | +$13.1M |
|
605
PUT
ASML
ASML
$694B
| $90.4M | 0.02% |
244,800
-21,800
| -8% | -$8.15M |
|
606
Las Vegas Sands
LVS
$29.4B
| $90.1M | 0.02% |
1,931,875
+287,670
| +17% | +$13.7M |
|
|
ZEN
607
CALL
DELISTED
ZENDESK INC
ZEN
| $89.9M | 0.02% |
873,400
+548,700
| +169% | +$51.3M |
|
608
CALL
Duke Energy
DUK
$94.9B
| $89.5M | 0.02% |
1,010,900
-42,900
| -4% | -$3.54M |
|
609
PUT
S&P Global
SPGI
$121B
| $89.5M | 0.02% |
248,200
+70,300
| +40% | +$24.8M |
|
610
PUT
TJX Companies
TJX
$174B
| $89.1M | 0.02% |
1,601,600
+679,200
| +74% | +$36.6M |
|
|
BBBY
611
PUT
Bed Bath & Beyond
BBBY
$429M
| $89.1M | 0.02% |
1,349,260
+1,030,700
| +324% | +$70.2M |
|
612
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$230M
| $88.8M | 0.02% |
5,000,400
+1,080,800
| +28% | +$18.5M |
|
613
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $88.2M | 0.02% |
3,478,437
+844,562
| +32% | +$21.5M |
|
614
T-Mobile US
TMUS
$192B
| $88.2M | 0.02% |
770,915
+453,613
| +143% | +$50.3M |
|
615
PUT
Boston Beer
SAM
$1.84B
| $88M | 0.02% |
99,600
-23,000
| -19% | -$18.2M |
|
616
CALL
Vanguard S&P 500 ETF
VOO
$1.03T
| $87.9M | 0.02% |
285,600
-41,100
| -13% | -$12.5M |
|
617
PUT
Snap
SNAP
$9.23B
| $87.8M | 0.02% |
3,361,300
-1,108,700
| -25% | -$25.8M |
|
618
Marvell Technology
MRVL
$188B
| $86.8M | 0.02% |
2,186,284
+735,526
| +51% | +$27.1M |
|
|
CXO
619
DELISTED
CONCHO RESOURCES INC.
CXO
| $86.6M | 0.02% |
1,962,196
+1,733,287
| +757% | +$86.4M |
|
620
CALL
Crown Castle
CCI
$31.5B
| $86.2M | 0.02% |
518,000
+168,400
| +48% | +$27.8M |
|
621
PUT
Colgate-Palmolive
CL
$74B
| $86M | 0.02% |
1,115,000
-1,300
| -0.1% | -$99.1K |
|
622
PUT
Zoetis
ZTS
$31.3B
| $85.7M | 0.02% |
518,100
+27,600
| +6% | +$4.24M |
|
623
CALL
Vanguard Real Estate ETF
VNQ
$38.4B
| $85.4M | 0.02% |
1,082,100
-530,200
| -33% | -$42.6M |
|
624
CALL
BP
BP
$111B
| $84.7M | 0.02% |
4,851,900
-539,000
| -10% | -$11.7M |
|
625
CALL
Dominion Energy
D
$59.6B
| $84.7M | 0.02% |
1,072,700
-600,600
| -36% | -$47.2M |
|
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.