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 | |
|---|---|---|---|---|---|---|
1426
CALL
Zillow
ZG
$8.15B
| $20.9M | ﹤0.01% |
205,800
+66,000
| +47% | +$5.14M |
|
1427
PUT
Perrigo
PRGO
$1.78B
| $20.9M | ﹤0.01% |
454,200
-50,500
| -10% | -$2.64M |
|
1428
Aurinia Pharmaceuticals
AUPH
$2.02B
| $20.8M | ﹤0.01% |
1,413,178
+317,579
| +29% | +$4.6M |
|
1429
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $20.8M | ﹤0.01% |
186,784
-483,582
| -72% | -$54.2M |
|
1430
CALL
MSCI
MSCI
$41.8B
| $20.8M | ﹤0.01% |
58,200
-21,300
| -27% | -$7.73M |
|
1431
CALL
Bank of Montreal
BMO
$129B
| $20.8M | ﹤0.01% |
355,400
+65,500
| +23% | +$3.79M |
|
1432
CALL
Bunge Global
BG
$21.7B
| $20.7M | ﹤0.01% |
453,700
-56,000
| -11% | -$2.5M |
|
1433
Neurocrine Biosciences
NBIX
$15.3B
| $20.7M | ﹤0.01% |
215,537
+59,522
| +38% | +$6.89M |
|
1434
PUT
Crown Holdings
CCK
$12.9B
| $20.7M | ﹤0.01% |
269,200
+140,800
| +110% | +$10.3M |
|
|
DNKN
1435
CALL
DELISTED
Dunkin' Brands Group, Inc.
DNKN
| $20.7M | ﹤0.01% |
252,600
+73,400
| +41% | +$5.3M |
|
1436
CALL
Ventas
VTR
$46.3B
| $20.7M | ﹤0.01% |
492,500
-12,100
| -2% | -$484K |
|
1437
PUT
PVH
PVH
$3.77B
| $20.6M | ﹤0.01% |
345,900
+6,900
| +2% | +$380K |
|
1438
US Global Jets ETF
JETS
$832M
| $20.6M | ﹤0.01% |
1,219,926
+590,661
| +94% | +$10M |
|
|
SAVE
1439
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $20.6M | ﹤0.01% |
1,278,400
-483,500
| -27% | -$8.32M |
|
1440
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$40.1M
| $20.6M | ﹤0.01% |
34,470
+32,278
| +1,473% | +$20.8M |
|
|
HZNP
1441
PUT
DELISTED
Horizon Therapeutics Public Limited Company Ordinary Shares
HZNP
| $20.6M | ﹤0.01% |
264,700
+163,700
| +162% | +$11.3M |
|
1442
PUT
TotalEnergies
TTE
$193B
| $20.5M | ﹤0.01% |
598,500
+8,300
| +1% | +$316K |
|
1443
PUT
Nokia
NOK
$59B
| $20.5M | ﹤0.01% |
5,246,600
+672,400
| +15% | +$3.03M |
|
|
ETFC
1444
CALL
DELISTED
E*Trade Financial Corporation
ETFC
| $20.5M | ﹤0.01% |
409,300
-14,800
| -3% | -$772K |
|
1445
CALL
iRhythm Holdings
IRTC
$4.06B
| $20.5M | ﹤0.01% |
85,900
+47,700
| +125% | +$8.44M |
|
1446
PUT
Mattel
MAT
$4.25B
| $20.4M | ﹤0.01% |
1,745,900
+734,300
| +73% | +$8.16M |
|
1447
Pan American Silver
PAAS
$19.9B
| $20.4M | ﹤0.01% |
635,081
+57,409
| +10% | +$1.97M |
|
1448
Alcoa
AA
$13.1B
| $20.4M | ﹤0.01% |
1,755,429
+532,481
| +44% | +$7.15M |
|
1449
PUT
CarMax
KMX
$8.52B
| $20.4M | ﹤0.01% |
221,900
-8,700
| -4% | -$869K |
|
|
CLDR
1450
PUT
DELISTED
Cloudera, Inc.
CLDR
| $20.3M | ﹤0.01% |
1,867,400
-62,500
| -3% | -$725K |
|
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.