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 | |
|---|---|---|---|---|---|---|
1526
Constellation Brands
STZ
$23.3B
| $18.8M | ﹤0.01% |
99,047
+21,486
| +28% | +$3.92M |
|
1527
PUT
CRISPR Therapeutics
CRSP
$5.22B
| $18.7M | ﹤0.01% |
223,800
-117,500
| -34% | -$10.4M |
|
1528
CALL
iShares Core S&P Small-Cap ETF
IJR
$113B
| $18.7M | ﹤0.01% |
266,500
+41,600
| +18% | +$2.98M |
|
|
CYBR
1529
CALL
DELISTED
CyberArk
CYBR
| $18.7M | ﹤0.01% |
180,800
-121,500
| -40% | -$13.1M |
|
1530
CALL
Cleveland-Cliffs
CLF
$6.93B
| $18.7M | ﹤0.01% |
2,912,100
-179,200
| -6% | -$1.08M |
|
1531
PUT
Cracker Barrel
CBRL
$1.31B
| $18.7M | ﹤0.01% |
162,900
+64,000
| +65% | +$7.5M |
|
1532
CALL
BCE
BCE
$21.7B
| $18.6M | ﹤0.01% |
449,300
-23,200
| -5% | -$981K |
|
1533
PUT
Under Armour
UAA
$2.3B
| $18.6M | ﹤0.01% |
1,657,300
-676,500
| -29% | -$7.12M |
|
1534
Lemonade
LMND
$4.1B
| $18.6M | ﹤0.01% |
+373,083
| New | +$23.4M |
|
1535
PUT
Vanguard High Dividend Yield ETF
VYM
$84.2B
| $18.5M | ﹤0.01% |
228,700
-23,000
| -9% | -$1.88M |
|
|
AMTD
1536
PUT
DELISTED
TD Ameritrade Holding Corp
AMTD
| $18.5M | ﹤0.01% |
472,000
-78,300
| -14% | -$2.95M |
|
1537
PUT
Cheniere Energy
LNG
$55B
| $18.4M | ﹤0.01% |
398,400
-61,300
| -13% | -$3.11M |
|
1538
CALL
Vroom Inc
VRM
$54M
| $18.4M | ﹤0.01% |
4,441
+2,862
| +181% | +$12.8M |
|
|
DFS
1539
DELISTED
Discover Financial Services
DFS
| $18.4M | ﹤0.01% |
318,290
-139,355
| -30% | -$7.3M |
|
1540
Cameco
CCJ
$42.6B
| $18.4M | ﹤0.01% |
1,819,761
+191,864
| +12% | +$2.08M |
|
1541
CALL
Ralph Lauren
RL
$23.1B
| $18.4M | ﹤0.01% |
270,400
+100,900
| +60% | +$7.19M |
|
1542
PUT
Tencent Music
TME
$14.2B
| $18.4M | ﹤0.01% |
1,243,000
-130,300
| -9% | -$2.03M |
|
1543
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.38B
| $18.3M | ﹤0.01% |
23
+21
| +1,050% | +$20.2M |
|
|
SMAR
1544
CALL
DELISTED
Smartsheet Inc.
SMAR
| $18.3M | ﹤0.01% |
370,000
+193,300
| +109% | +$9.33M |
|
|
SGEN
1545
PUT
DELISTED
Seagen Inc. Common Stock
SGEN
| $18.2M | ﹤0.01% |
93,200
-61,800
| -40% | -$10.3M |
|
1546
PUT
Tenet Healthcare
THC
$21.5B
| $18.2M | ﹤0.01% |
743,800
-345,500
| -32% | -$8.83M |
|
|
SIVB
1547
PUT
DELISTED
SVB Financial Group
SIVB
| $18.2M | ﹤0.01% |
75,700
-21,800
| -22% | -$5.13M |
|
|
GWPH
1548
DELISTED
GW Pharmaceuticals Plc American Depositary Shares
GWPH
| $18.2M | ﹤0.01% |
187,012
+85,142
| +84% | +$9.8M |
|
1549
PUT
Elastic
ESTC
$8.94B
| $18.2M | ﹤0.01% |
168,700
-340,700
| -67% | -$33.4M |
|
|
CMRC
1550
Commerce.com Inc Series 1
CMRC
$184M
| $18.2M | ﹤0.01% |
+218,142
| New | +$19.1M |
|
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.