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 | |
|---|---|---|---|---|---|---|
1001
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.67B
| $38.6M | 0.01% |
918,422
+182,492
| +25% | +$9.18M |
|
1002
CALL
Microchip Technology
MCHP
$44B
| $38.6M | 0.01% |
750,800
-109,400
| -13% | -$5.69M |
|
1003
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X ETF
DRIP
$102M
| $38.5M | 0.01% |
5,424
+4,737
| +690% | +$26M |
|
1004
PUT
Phillips 66
PSX
$89.5B
| $38.5M | 0.01% |
741,900
+58,600
| +9% | +$3.58M |
|
1005
State Street SPDR S&P Retail ETF
XRT
$645M
| $38.3M | 0.01% |
771,268
+149,659
| +24% | +$7.33M |
|
1006
ConocoPhillips
COP
$151B
| $38.3M | 0.01% |
1,164,968
+714,178
| +158% | +$27.1M |
|
1007
CALL
Global Payments
GPN
$22.7B
| $38.2M | 0.01% |
215,200
-15,200
| -7% | -$2.63M |
|
1008
CALL
Yeti Holdings
YETI
$3.85B
| $38.2M | 0.01% |
843,100
+338,200
| +67% | +$16M |
|
1009
PUT
CEL-SCI Corp
CVM
$26.6M
| $38.2M | 0.01% |
99,750
+29,083
| +41% | +$11.5M |
|
1010
PUT
ARK Innovation ETF
ARKK
$6.38B
| $38.1M | 0.01% |
414,600
+322,200
| +349% | +$27.6M |
|
1011
CALL
StoneCo
STNE
$2.42B
| $38.1M | 0.01% |
720,100
+305,800
| +74% | +$14.6M |
|
1012
Twilio
TWLO
$39.3B
| $38.1M | 0.01% |
154,058
-98,020
| -39% | -$24.2M |
|
1013
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $37.9M | 0.01% |
231,891
-367,314
| -61% | -$60.9M |
|
|
SRNE
1014
CALL
DELISTED
Sorrento Therapeutics, Inc.
SRNE
| $37.8M | 0.01% |
3,390,300
+2,298,100
| +210% | +$21M |
|
1015
PUT
Fiverr
FVRR
$315M
| $37.7M | 0.01% |
271,600
+193,700
| +249% | +$20.8M |
|
1016
CALL
Teva Pharmaceuticals
TEVA
$42.5B
| $37.7M | 0.01% |
4,187,100
-3,487,800
| -45% | -$36.9M |
|
1017
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.43B
| $37.6M | 0.01% |
759,500
+608,000
| +401% | +$29.2M |
|
1018
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $37.6M | 0.01% |
868,600
-610,200
| -41% | -$26.5M |
|
1019
PUT
General Dynamics
GD
$106B
| $37.5M | 0.01% |
270,800
-175,900
| -39% | -$26M |
|
|
X
1020
PUT
DELISTED
US Steel
X
| $37.4M | 0.01% |
5,092,000
-2,917,700
| -36% | -$22.1M |
|
1021
PUT
ProShares Ultra QQQ
QLD
$13.9B
| $37.4M | 0.01% |
1,630,400
-1,257,600
| -44% | -$27.7M |
|
1022
Ericsson
ERIC
$33B
| $37.2M | 0.01% |
3,417,790
+2,067,401
| +153% | +$22.8M |
|
1023
CALL
Cardinal Health
CAH
$56.3B
| $37.2M | 0.01% |
792,500
+303,400
| +62% | +$15.6M |
|
|
WLL
1024
CALL
DELISTED
Whiting Petroleum Corporation
WLL
| $37.2M | 0.01% |
2,150,700
+2,124,128
| +7,994% | +$118M |
|
1025
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.3M
| $37.1M | 0.01% |
62,230
+60,791
| +4,225% | +$39.2M |
|
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.