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 | |
|---|---|---|---|---|---|---|
1151
CALL
Fidelity National Information Services
FIS
$22.1B
| $30.6M | 0.01% |
208,100
-175,100
| -46% | -$25.3M |
|
1152
CALL
Boyd Gaming
BYD
$5.98B
| $30.6M | 0.01% |
996,000
+179,800
| +22% | +$4.52M |
|
1153
PUT
Fortinet
FTNT
$119B
| $30.5M | 0.01% |
1,294,500
+377,000
| +41% | +$9.74M |
|
1154
PUT
Alaska Air
ALK
$5.4B
| $30.5M | 0.01% |
832,100
+182,000
| +28% | +$6.82M |
|
1155
McKesson
MCK
$105B
| $30.4M | 0.01% |
204,083
-15,701
| -7% | -$2.38M |
|
|
MNTA
1156
CALL
DELISTED
Momenta Pharmaceuticals, Inc.
MNTA
| $30.2M | 0.01% |
574,600
+542,600
| +1,696% | +$22.5M |
|
|
RDFN
1157
PUT
DELISTED
Redfin
RDFN
| $30.1M | 0.01% |
603,600
+417,400
| +224% | +$18.5M |
|
1158
PUT
First Solar
FSLR
$25.9B
| $30.1M | 0.01% |
455,200
+34,500
| +8% | +$2.29M |
|
1159
PUT
Jazz Pharmaceuticals
JAZZ
$16.1B
| $30.1M | 0.01% |
210,800
+88,800
| +73% | +$11M |
|
1160
CALL
PennyMac Financial
PFSI
$3.98B
| $30M | 0.01% |
515,500
+314,700
| +157% | +$15.6M |
|
1161
PUT
State Street Communication Services Select Sector SPDR ETF
XLC
$22.5B
| $29.9M | 0.01% |
504,200
+127,400
| +34% | +$7.55M |
|
1162
Deere & Co
DE
$167B
| $29.8M | 0.01% |
134,629
+78,237
| +139% | +$15.1M |
|
1163
PUT
Papa John's
PZZA
$801M
| $29.7M | 0.01% |
361,400
+149,900
| +71% | +$13.8M |
|
1164
PUT
American Electric Power
AEP
$67.3B
| $29.7M | 0.01% |
363,500
-144,800
| -28% | -$11.9M |
|
1165
Enterprise Products Partners
EPD
$81.8B
| $29.7M | 0.01% |
1,880,363
+363,356
| +24% | +$6.37M |
|
1166
PUT
Sony
SONY
$138B
| $29.7M | 0.01% |
1,932,500
+907,500
| +89% | +$14.1M |
|
1167
PUT
Franco-Nevada
FNV
$46.4B
| $29.5M | 0.01% |
211,600
+5,200
| +3% | +$773K |
|
|
1168
CALL
Jazz Pharmaceuticals
JAZZ
$16.1B
| $29.5M | 0.01% |
207,100
+125,400
| +153% | +$15.5M |
|
1169
CALL
Credit Acceptance
CACC
$5.94B
| $29.5M | 0.01% |
87,100
-41,500
| -32% | -$17.5M |
|
1170
CALL
NovoCure
NVCR
$2.06B
| $29.3M | 0.01% |
263,500
+35,300
| +15% | +$2.82M |
|
1171
CoStar Group
CSGP
$12.6B
| $29.3M | 0.01% |
345,300
-341,400
| -50% | -$27.2M |
|
1172
CALL
Viatris
VTRS
$18.7B
| $29.3M | 0.01% |
1,973,100
-608,200
| -24% | -$9.71M |
|
1173
PUT
STMicroelectronics
STM
$49.1B
| $29.1M | 0.01% |
948,700
-14,900
| -2% | -$438K |
|
1174
CALL
Ciena
CIEN
$54.9B
| $29M | 0.01% |
731,300
+87,700
| +14% | +$4.62M |
|
1175
PUT
Ericsson
ERIC
$33B
| $28.9M | 0.01% |
2,652,000
+1,719,800
| +184% | +$19M |
|
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.