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 | |
|---|---|---|---|---|---|---|
951
PUT
International Paper
IP
$22.1B
| $41.8M | 0.01% |
1,087,997
+654,826
| +151% | +$23.1M |
|
952
SLB Ltd
SLB
$79.7B
| $41.6M | 0.01% |
2,675,029
+208,604
| +8% | +$3.88M |
|
953
PUT
L3Harris
LHX
$53.3B
| $41.6M | 0.01% |
244,700
-35,300
| -13% | -$6.19M |
|
954
CALL
Perrigo
PRGO
$1.78B
| $41.5M | 0.01% |
905,000
+191,700
| +27% | +$10M |
|
955
Illumina
ILMN
$29.1B
| $41.5M | 0.01% |
137,875
+24,745
| +22% | +$8.53M |
|
|
RSX
956
PUT
DELISTED
VanEck Russia ETF
RSX
| $41.3M | 0.01% |
1,971,700
+415,100
| +27% | +$9.14M |
|
957
CALL
Agnico Eagle Mines
AEM
$92B
| $41.3M | 0.01% |
518,800
+8,000
| +2% | +$612K |
|
|
PLAN
958
CALL
DELISTED
Anaplan, Inc.
PLAN
| $41.2M | 0.01% |
659,000
+87,000
| +15% | +$4.48M |
|
959
CALL
The Mosaic Company
MOS
$7.34B
| $41.2M | 0.01% |
2,255,200
+969,600
| +75% | +$15.8M |
|
960
PUT
iShares MSCI ACWI ETF
ACWI
$33.3B
| $41.1M | 0.01% |
514,500
-136,700
| -21% | -$10.8M |
|
961
PUT
Moody's
MCO
$82.5B
| $41.1M | 0.01% |
141,800
+30,300
| +27% | +$8.65M |
|
962
PUT
Realty Income
O
$58.6B
| $41.1M | 0.01% |
698,148
+106,606
| +18% | +$6.3M |
|
963
CALL
Occidental Petroleum
OXY
$59B
| $41.1M | 0.01% |
4,104,600
-3,888,200
| -49% | -$54.8M |
|
|
FISV
964
PUT
Fiserv Inc
FISV
$28B
| $41.1M | 0.01% |
398,500
+103,100
| +35% | +$10.3M |
|
|
DISH
965
PUT
DELISTED
DISH Network Corp.
DISH
| $41.1M | 0.01% |
1,414,100
-487,500
| -26% | -$16.1M |
|
966
CALL
Cencora
COR
$63.7B
| $41M | 0.01% |
423,200
+233,800
| +123% | +$23.2M |
|
967
Teva Pharmaceuticals
TEVA
$42.5B
| $40.6M | 0.01% |
4,502,894
-3,136,484
| -41% | -$33.2M |
|
968
CALL
Estee Lauder
EL
$31.8B
| $40.6M | 0.01% |
185,800
-87,100
| -32% | -$17.9M |
|
|
STMP
969
CALL
DELISTED
Stamps.com, Inc.
STMP
| $40.5M | 0.01% |
168,200
-67,000
| -28% | -$16M |
|
|
BBBY
970
PUT
DELISTED
Bed Bath & Beyond Inc
BBBY
| $40.5M | 0.01% |
2,703,100
-619,300
| -19% | -$7.16M |
|
971
CALL
Travelers Companies
TRV
$78.3B
| $40.5M | 0.01% |
374,100
-224,800
| -38% | -$25.8M |
|
972
CALL
Rio Tinto
RIO
$164B
| $40.4M | 0.01% |
668,600
-484,800
| -42% | -$29.7M |
|
973
PUT
NovoCure
NVCR
$2.06B
| $40.3M | 0.01% |
361,600
-130,400
| -27% | -$10.4M |
|
974
PUT
AB InBev
BUD
$159B
| $40.2M | 0.01% |
746,700
-409,000
| -35% | -$22.7M |
|
975
CALL
Cloudflare
NET
$109B
| $40.2M | 0.01% |
979,500
+478,100
| +95% | +$18.3M |
|
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.