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 | |
|---|---|---|---|---|---|---|
851
Vanguard Intermediate-Term Bond ETF
BIV
$28.8B
| $50.4M | 0.01% |
538,912
+460,754
| +590% | +$43.2M |
|
852
CALL
Illinois Tool Works
ITW
$83.5B
| $50.3M | 0.01% |
260,500
-83,100
| -24% | -$15.8M |
|
853
Western Digital
WDC
$151B
| $50.1M | 0.01% |
1,812,757
+620,017
| +52% | +$18.4M |
|
854
CALL
Vertex Pharmaceuticals
VRTX
$134B
| $49.9M | 0.01% |
183,400
-35,800
| -16% | -$9.88M |
|
855
PepsiCo
PEP
$189B
| $49.7M | 0.01% |
358,423
-29,133
| -8% | -$3.96M |
|
|
DFS
856
PUT
DELISTED
Discover Financial Services
DFS
| $49.6M | 0.01% |
859,100
-81,100
| -9% | -$4.25M |
|
857
CALL
Becton Dickinson
BDX
$49.4B
| $49.5M | 0.01% |
218,018
-89,892
| -29% | -$22.1M |
|
858
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$689B
| $49.2M | 0.01% |
288,800
-200,700
| -41% | -$33.8M |
|
859
PUT
Vanguard Morningstar Growth ETF
VUG
$228B
| $49.1M | 0.01% |
1,294,200
+1,159,200
| +859% | +$42.8M |
|
860
CALL
Papa John's
PZZA
$801M
| $48.8M | 0.01% |
593,400
+365,500
| +160% | +$33.6M |
|
861
CALL
Fortinet
FTNT
$119B
| $48.7M | 0.01% |
2,068,000
+473,500
| +30% | +$12.2M |
|
862
PUT
Progressive
PGR
$123B
| $48.5M | 0.01% |
512,100
+214,600
| +72% | +$19.3M |
|
863
PUT
Pan American Silver
PAAS
$21.8B
| $48.4M | 0.01% |
1,506,300
+388,800
| +35% | +$13.4M |
|
864
PUT
PG&E
PCG
$38.1B
| $48.2M | 0.01% |
5,128,900
-2,934,300
| -36% | -$27.2M |
|
865
CALL
Truist Financial
TFC
$63.9B
| $48.1M | 0.01% |
1,265,300
-587,400
| -32% | -$22.1M |
|
|
PXD
866
PUT
DELISTED
Pioneer Natural Resource Co.
PXD
| $48.1M | 0.01% |
559,400
-97,400
| -15% | -$9.59M |
|
|
ALXN
867
CALL
DELISTED
Alexion Pharmaceuticals
ALXN
| $48M | 0.01% |
419,200
-45,300
| -10% | -$4.89M |
|
868
CALL
State Street SPDR S&P Retail ETF
XRT
$645M
| $48M | 0.01% |
965,700
-127,500
| -12% | -$6.25M |
|
869
Vanguard Total Bond Market
BND
$161B
| $47.9M | 0.01% |
+542,817
| New | +$48.1M |
|
|
KSU
870
CALL
DELISTED
Kansas City Southern
KSU
| $47.7M | 0.01% |
264,000
-179,100
| -40% | -$31M |
|
871
PUT
Bausch Health
BHC
$2.33B
| $47.7M | 0.01% |
3,070,200
+610,500
| +25% | +$10.5M |
|
872
CALL
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.6B
| $47.7M | 0.01% |
743,800
-304,500
| -29% | -$19.2M |
|
873
PUT
Avis
CAR
$4.97B
| $47.7M | 0.01% |
1,811,300
-1,326,300
| -42% | -$39.9M |
|
874
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $47.6M | 0.01% |
429,605
+281,702
| +190% | +$31.6M |
|
|
PPLI
875
PUT
People Inc
PPLI
$2.97B
| $47.5M | 0.01% |
726,267
-2,040,662
| -74% | -$140M |
|
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.