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 | |
|---|---|---|---|---|---|---|
101
PUT
CrowdStrike
CRWD
$218B
| $653M | 0.13% |
19,007,600
+6,183,600
| +48% | +$180M |
|
|
DOCU
102
PUT
DocuSign
DOCU
$11.5B
| $642M | 0.12% |
2,980,800
+1,106,700
| +59% | +$230M |
|
103
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $640M | 0.12% |
7,630,500
-1,232,100
| -14% | -$104M |
|
104
JPMorgan Chase
JPM
$950B
| $640M | 0.12% |
6,649,025
-1,704,629
| -20% | -$167M |
|
105
CALL
Johnson & Johnson
JNJ
$625B
| $628M | 0.12% |
4,217,900
+463,900
| +12% | +$68.6M |
|
106
CALL
Bank of America
BAC
$442B
| $622M | 0.12% |
25,800,100
+806,900
| +3% | +$20.1M |
|
107
PUT
AT&T
T
$163B
| $618M | 0.12% |
28,688,829
+5,189,550
| +22% | +$116M |
|
|
108
Wells Fargo
WFC
$264B
| $618M | 0.12% |
26,274,170
+11,695,766
| +80% | +$288M |
|
109
VanEck Gold Miners ETF
GDX
$27.4B
| $617M | 0.12% |
15,767,926
+5,383,965
| +52% | +$219M |
|
|
110
PUT
Johnson & Johnson
JNJ
$625B
| $617M | 0.12% |
4,143,800
+287,900
| +7% | +$42.6M |
|
111
PUT
JD.com
JD
$44.5B
| $616M | 0.12% |
7,934,900
+1,293,000
| +19% | +$89.8M |
|
112
CALL
Charter Communications
CHTR
$18.2B
| $613M | 0.12% |
982,300
+248,500
| +34% | +$147M |
|
113
CALL
Procter & Gamble
PG
$339B
| $610M | 0.12% |
4,386,900
+343,500
| +8% | +$45.6M |
|
114
PUT
UnitedHealth
UNH
$370B
| $609M | 0.12% |
1,954,800
-387,100
| -17% | -$119M |
|
115
CALL
iShares MSCI Emerging Markets ETF
EEM
$30B
| $603M | 0.12% |
13,669,400
-5,038,800
| -27% | -$221M |
|
116
PUT
Peloton Interactive
PTON
$2.49B
| $597M | 0.11% |
6,017,500
+1,337,700
| +29% | +$98.4M |
|
117
PUT
Broadcom
AVGO
$2.04T
| $592M | 0.11% |
16,263,000
+253,000
| +2% | +$8.47M |
|
118
PUT
Cisco
CSCO
$479B
| $591M | 0.11% |
15,002,400
+3,291,400
| +28% | +$143M |
|
119
United States Oil Fund
USO
$1.67B
| $585M | 0.11% |
20,674,759
+9,571,543
| +86% | +$280M |
|
120
CALL
CVS Health
CVS
$122B
| $585M | 0.11% |
10,015,000
+298,100
| +3% | +$18.5M |
|
121
PUT
Roku
ROKU
$22.7B
| $584M | 0.11% |
3,091,600
-474,600
| -13% | -$75M |
|
122
PUT
FedEx
FDX
$75.4B
| $583M | 0.11% |
2,318,300
+168,000
| +8% | +$33.6M |
|
123
CALL
iShares MSCI EAFE ETF
EFA
$80.2B
| $580M | 0.11% |
9,107,200
-1,656,600
| -15% | -$106M |
|
124
PUT
Gilead Sciences
GILD
$165B
| $579M | 0.11% |
9,159,900
+1,995,400
| +28% | +$138M |
|
125
PUT
Nike
NKE
$61.9B
| $578M | 0.11% |
4,606,100
+16,500
| +0.4% | +$1.77M |
|
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.