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 | |
|---|---|---|---|---|---|---|
|
GNOG
1301
DELISTED
Golden Nugget Online Gaming, Inc. Class A Common Stock
GNOG
| $24.5M | ﹤0.01% |
+1,706,462
| New | +$24.6M |
|
|
AMTD
1302
CALL
DELISTED
TD Ameritrade Holding Corp
AMTD
| $24.5M | ﹤0.01% |
625,500
+28,800
| +5% | +$1.08M |
|
1303
iShares Biotechnology ETF
IBB
$9.78B
| $24.4M | ﹤0.01% |
180,456
-192,042
| -52% | -$26.1M |
|
1304
CALL
Incyte
INCY
$24.5B
| $24.4M | ﹤0.01% |
271,900
+44,800
| +20% | +$4.32M |
|
1305
PUT
Capri Holdings
CPRI
$1.79B
| $24.3M | ﹤0.01% |
1,351,800
-71,200
| -5% | -$1.21M |
|
1306
CALL
Public Storage
PSA
$61.4B
| $24.3M | ﹤0.01% |
109,100
+5,700
| +6% | +$1.16M |
|
1307
PUT
Zillow
ZG
$8.16B
| $24.3M | ﹤0.01% |
239,000
+89,700
| +60% | +$6.98M |
|
1308
PUT
Cleveland-Cliffs
CLF
$6.92B
| $24.2M | ﹤0.01% |
3,764,700
+813,600
| +28% | +$4.9M |
|
1309
Diamondback Energy
FANG
$55.9B
| $24.1M | ﹤0.01% |
801,531
+185,320
| +30% | +$7.06M |
|
1310
CALL
argenx
ARGX
$53.7B
| $24.1M | ﹤0.01% |
91,800
-30,100
| -25% | -$7.24M |
|
1311
CALL
Vulcan Materials
VMC
$36B
| $24.1M | ﹤0.01% |
177,800
+71,100
| +67% | +$8.93M |
|
|
AUY
1312
PUT
DELISTED
Yamana Gold, Inc.
AUY
| $24.1M | ﹤0.01% |
4,241,800
+730,500
| +21% | +$4.38M |
|
1313
CALL
Thor Industries
THO
$4.1B
| $24.1M | ﹤0.01% |
252,600
-59,400
| -19% | -$6.15M |
|
1314
CALL
T. Rowe Price
TROW
$23.7B
| $24M | ﹤0.01% |
187,200
-4,100
| -2% | -$542K |
|
1315
iShares MSCI All Country Asia ex Japan ETF
AAXJ
$3.85B
| $24M | ﹤0.01% |
310,564
+221,491
| +249% | +$16.9M |
|
|
JWN
1316
PUT
DELISTED
Nordstrom
JWN
| $24M | ﹤0.01% |
2,009,900
+679,300
| +51% | +$10.2M |
|
1317
PUT
Regency Centers
REG
$14.1B
| $24M | ﹤0.01% |
630,100
+164,600
| +35% | +$6.76M |
|
|
FITB
1318
CALL
Fifth Third Bancorp
FITB
$52.6B
| $23.9M | ﹤0.01% |
1,121,900
+141,900
| +14% | +$2.86M |
|
1319
Royal Caribbean
RCL
$83B
| $23.9M | ﹤0.01% |
369,505
+94,347
| +34% | +$5.55M |
|
1320
Teradyne
TER
$64B
| $23.9M | ﹤0.01% |
300,943
+36,110
| +14% | +$3.06M |
|
1321
Workhorse Group
WKHS
$34.2M
| $23.9M | ﹤0.01% |
+315
| New | +$18M |
|
1322
PUT
Toronto Dominion Bank
TD
$203B
| $23.9M | ﹤0.01% |
516,300
-140,800
| -21% | -$6.56M |
|
1323
PUT
Ciena
CIEN
$62.5B
| $23.9M | ﹤0.01% |
601,300
+97,300
| +19% | +$5.12M |
|
1324
PUT
Dick's Sporting Goods
DKS
$18.1B
| $23.8M | ﹤0.01% |
411,500
+275,200
| +202% | +$13.4M |
|
1325
PUT
FirstEnergy
FE
$27.1B
| $23.8M | ﹤0.01% |
828,700
+680,600
| +460% | +$21.4M |
|
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.