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 | |
|---|---|---|---|---|---|---|
1401
CALL
Royal Gold
RGLD
$19.1B
| $21.7M | ﹤0.01% |
180,300
-211,100
| -54% | -$27.7M |
|
1402
Cleveland-Cliffs
CLF
$6.93B
| $21.7M | ﹤0.01% |
3,373,744
+494,146
| +17% | +$2.97M |
|
1403
PUT
Illinois Tool Works
ITW
$82.9B
| $21.7M | ﹤0.01% |
112,100
-52,200
| -32% | -$9.92M |
|
1404
CALL
Oneok
OKE
$58.4B
| $21.6M | ﹤0.01% |
833,000
-11,800
| -1% | -$329K |
|
|
GOOS
1405
PUT
Canada Goose Holdings
GOOS
$850M
| $21.6M | ﹤0.01% |
672,500
+46,700
| +7% | +$1.15M |
|
1406
PUT
United States Natural Gas Fund
UNG
$489M
| $21.6M | ﹤0.01% |
473,800
-201,525
| -30% | -$9.64M |
|
1407
PUT
Williams-Sonoma
WSM
$28.5B
| $21.5M | ﹤0.01% |
475,800
+267,600
| +129% | +$11.9M |
|
1408
Okta
OKTA
$26.9B
| $21.5M | ﹤0.01% |
100,545
+10,265
| +11% | +$2.14M |
|
1409
CALL
KraneShares CSI China Internet ETF
KWEB
$5.31B
| $21.5M | ﹤0.01% |
315,100
-52,600
| -14% | -$3.57M |
|
1410
CALL
Apollo Global Management
APO
$84.8B
| $21.5M | ﹤0.01% |
479,700
-577,700
| -55% | -$27.8M |
|
1411
CALL
Ecolab
ECL
$77.4B
| $21.5M | ﹤0.01% |
107,400
+3,000
| +3% | +$599K |
|
1412
CALL
Charles River Laboratories
CRL
$13.4B
| $21.4M | ﹤0.01% |
94,500
-129,600
| -58% | -$26.9M |
|
1413
PUT
AngloGold Ashanti
AU
$48.1B
| $21.4M | ﹤0.01% |
810,800
+261,700
| +48% | +$7.83M |
|
1414
United Parcel Service
UPS
$89.8B
| $21.4M | ﹤0.01% |
128,349
+93,270
| +266% | +$13.6M |
|
1415
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $21.3M | ﹤0.01% |
1,359,700
-470,500
| -26% | -$7.23M |
|
1416
PUT
XPO
XPO
$24.7B
| $21.3M | ﹤0.01% |
728,920
+291,163
| +67% | +$8.38M |
|
|
ZEN
1417
PUT
DELISTED
ZENDESK INC
ZEN
| $21.3M | ﹤0.01% |
207,100
+1,600
| +0.8% | +$150K |
|
|
X
1418
CALL
DELISTED
US Steel
X
| $21.3M | ﹤0.01% |
2,897,300
-362,200
| -11% | -$2.74M |
|
|
JKS
1419
JinkoSolar
JKS
$853M
| $21.3M | ﹤0.01% |
534,841
+338,907
| +173% | +$7.77M |
|
|
HBI
1420
CALL
DELISTED
Hanesbrands
HBI
| $21.1M | ﹤0.01% |
1,342,500
-724,100
| -35% | -$10.6M |
|
1421
CALL
Exelon
EXC
$47B
| $21.1M | ﹤0.01% |
826,479
-699,177
| -46% | -$18.5M |
|
|
BIG
1422
CALL
DELISTED
Big Lots, Inc.
BIG
| $21.1M | ﹤0.01% |
472,600
+28,200
| +6% | +$1.27M |
|
1423
Texas Instruments
TXN
$250B
| $21M | ﹤0.01% |
147,229
-407,711
| -73% | -$55.4M |
|
1424
PUT
Warner Bros
WBD
$69.6B
| $21M | ﹤0.01% |
962,900
+158,700
| +20% | +$3.47M |
|
1425
CALL
Boston Scientific
BSX
$74.9B
| $20.9M | ﹤0.01% |
547,800
-262,400
| -32% | -$10.1M |
|
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.