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 | |
|---|---|---|---|---|---|---|
1551
Centene
CNC
$32.6B
| $18.2M | ﹤0.01% |
311,526
-185,190
| -37% | -$11.5M |
|
1552
CALL
Anterix
ATEX
$1.79B
| $18.2M | ﹤0.01% |
555,000
+176,400
| +47% | +$7.47M |
|
1553
WisdomTree Japan Hedged Equity Fund
DXJ
$7.55B
| $18.1M | ﹤0.01% |
370,248
+302,073
| +443% | +$14.5M |
|
1554
PUT
Hartford Financial Services
HIG
$37.8B
| $18.1M | ﹤0.01% |
490,800
+58,500
| +14% | +$2.33M |
|
1555
Microchip Technology
MCHP
$42.2B
| $18.1M | ﹤0.01% |
351,618
+27,344
| +8% | +$1.42M |
|
|
MRSH
1556
PUT
Marsh
MRSH
$90B
| $18M | ﹤0.01% |
157,300
+12,600
| +9% | +$1.44M |
|
|
ARNA
1557
CALL
DELISTED
Arena Pharmaceuticals Inc
ARNA
| $18M | ﹤0.01% |
241,000
+50,700
| +27% | +$3.38M |
|
1558
CALL
Churchill Downs
CHDN
$6.2B
| $18M | ﹤0.01% |
220,000
+191,800
| +680% | +$14.9M |
|
1559
PUT
Li Auto
LI
$12B
| $18M | ﹤0.01% |
+1,036,200
| New | +$17.3M |
|
1560
Sempra
SRE
$56.5B
| $18M | ﹤0.01% |
304,118
-90,960
| -23% | -$5.6M |
|
1561
Synchrony
SYF
$26.1B
| $18M | ﹤0.01% |
687,439
-216,953
| -24% | -$5.27M |
|
|
IPHI
1562
PUT
DELISTED
INPHI CORPORATION
IPHI
| $18M | ﹤0.01% |
160,000
+49,800
| +45% | +$5.81M |
|
|
ZNGA
1563
PUT
DELISTED
ZYNGA INC. CL A COMMON
ZNGA
| $17.9M | ﹤0.01% |
1,965,700
+1,329,700
| +209% | +$12.4M |
|
1564
PUT
Welltower
WELL
$169B
| $17.9M | ﹤0.01% |
325,400
-132,400
| -29% | -$7.27M |
|
1565
CALL
Cerence
CRNC
$389M
| $17.9M | ﹤0.01% |
366,000
+269,400
| +279% | +$12.9M |
|
|
UN
1566
CALL
DELISTED
Unilever NV New York Registry Shares
UN
| $17.8M | ﹤0.01% |
295,500
+202,300
| +217% | +$11.7M |
|
1567
Amplify Junior Silver Miners ETF
SILJ
$3.89B
| $17.8M | ﹤0.01% |
1,291,709
+884,143
| +217% | +$13M |
|
|
CERN
1568
PUT
DELISTED
Cerner Corp
CERN
| $17.8M | ﹤0.01% |
245,700
-11,800
| -5% | -$841K |
|
1569
CALL
Chemours
CC
$2.3B
| $17.8M | ﹤0.01% |
848,900
+85,900
| +11% | +$1.66M |
|
1570
CALL
Corpay
CPAY
$27.9B
| $17.7M | ﹤0.01% |
74,500
-197,600
| -73% | -$48.8M |
|
1571
iShares MSCI Japan ETF
EWJ
$23.2B
| $17.7M | ﹤0.01% |
300,026
-27,426
| -8% | -$1.57M |
|
1572
Cboe Global Markets
CBOE
$30.6B
| $17.7M | ﹤0.01% |
201,988
-74,065
| -27% | -$6.66M |
|
1573
CALL
Dentsply Sirona
XRAY
$2.31B
| $17.7M | ﹤0.01% |
404,700
+281,800
| +229% | +$12.5M |
|
1574
PUT
Ambarella
AMBA
$3.6B
| $17.7M | ﹤0.01% |
339,100
+144,000
| +74% | +$6.96M |
|
1575
Blackstone
BX
$112B
| $17.6M | ﹤0.01% |
338,094
-49,901
| -13% | -$2.67M |
|
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.