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 | |
|---|---|---|---|---|---|---|
126
CALL
iShares Silver Trust
SLV
$30.9B
| $577M | 0.11% |
26,643,500
+19,454,700
| +271% | +$442M |
|
127
CALL
Goldman Sachs
GS
$303B
| $575M | 0.11% |
2,860,100
+136,300
| +5% | +$27.7M |
|
128
PUT
Qualcomm
QCOM
$176B
| $571M | 0.11% |
4,854,400
-134,800
| -3% | -$14.4M |
|
129
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.43B
| $568M | 0.11% |
13,496,500
-2,290,100
| -15% | -$115M |
|
|
130
PUT
Wells Fargo
WFC
$264B
| $567M | 0.11% |
24,127,600
+2,322,500
| +11% | +$57.2M |
|
|
131
PUT
Goldman Sachs
GS
$303B
| $554M | 0.11% |
2,758,900
+159,900
| +6% | +$32.5M |
|
132
CALL
Beyond Meat
BYND
$277M
| $552M | 0.11% |
3,326,300
-170,400
| -5% | -$23.1M |
|
133
PUT
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $548M | 0.11% |
4,907,500
-1,654,000
| -25% | -$185M |
|
134
CALL
Peloton Interactive
PTON
$2.49B
| $545M | 0.1% |
5,487,100
+2,194,300
| +67% | +$161M |
|
135
PUT
iShares China Large-Cap ETF
FXI
$4.31B
| $541M | 0.1% |
12,887,000
-745,500
| -5% | -$32M |
|
136
CALL
Intuitive Surgical
ISRG
$134B
| $533M | 0.1% |
2,254,500
+528,300
| +31% | +$119M |
|
137
PUT
Lam Research
LRCX
$390B
| $531M | 0.1% |
16,017,000
+2,552,000
| +19% | +$87.9M |
|
138
CALL
lululemon athletica
LULU
$14.6B
| $530M | 0.1% |
1,610,300
-213,500
| -12% | -$71.2M |
|
139
PUT
State Street Technology Select Sector SPDR ETF
XLK
$123B
| $523M | 0.1% |
8,965,200
-1,373,800
| -13% | -$77.6M |
|
140
CALL
Nike
NKE
$61.9B
| $520M | 0.1% |
4,139,300
+996,600
| +32% | +$107M |
|
|
141
PUT
Intuitive Surgical
ISRG
$134B
| $519M | 0.1% |
2,194,200
+321,900
| +17% | +$72.3M |
|
142
CALL
ServiceNow
NOW
$129B
| $517M | 0.1% |
5,328,500
-1,206,000
| -18% | -$108M |
|
143
CALL
Twilio
TWLO
$36.6B
| $513M | 0.1% |
2,076,400
+472,900
| +29% | +$117M |
|
144
PUT
NIO
NIO
$11.9B
| $512M | 0.1% |
24,127,100
+15,938,400
| +195% | +$245M |
|
145
Walt Disney
DIS
$181B
| $510M | 0.1% |
4,106,692
-2,127,783
| -34% | -$266M |
|
146
CALL
Micron Technology
MU
$991B
| $509M | 0.1% |
10,829,100
+3,922,500
| +57% | +$190M |
|
|
147
PUT
iShares iBoxx $ Investment Grade Corporate Bond ETF
LQD
$32.8B
| $505M | 0.1% |
3,750,000
+2,106,400
| +128% | +$287M |
|
148
PUT
AbbVie
ABBV
$435B
| $505M | 0.1% |
5,765,700
+255,600
| +5% | +$24.1M |
|
149
PUT
Pfizer
PFE
$153B
| $502M | 0.1% |
14,416,717
+1,137,476
| +9% | +$39.9M |
|
150
PUT
Starbucks
SBUX
$120B
| $501M | 0.1% |
5,832,200
-779,100
| -12% | -$62.1M |
|
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.