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 | |
|---|---|---|---|---|---|---|
151
CALL
VanEck Gold Miners ETF
GDX
$27.4B
| $501M | 0.1% |
12,717,600
-2,639,600
| -17% | -$108M |
|
152
CALL
Sea Limited
SE
$69.5B
| $496M | 0.1% |
3,219,600
+1,017,400
| +46% | +$137M |
|
153
PUT
lululemon athletica
LULU
$14.6B
| $492M | 0.09% |
1,494,100
+254,700
| +21% | +$85M |
|
154
CALL
Caterpillar
CAT
$387B
| $492M | 0.09% |
3,296,400
+1,179,500
| +56% | +$166M |
|
155
CALL
Snap
SNAP
$9.01B
| $485M | 0.09% |
18,568,900
+2,960,700
| +19% | +$68.9M |
|
156
PUT
Teladoc Health
TDOC
$1.3B
| $484M | 0.09% |
2,208,900
+1,175,000
| +114% | +$249M |
|
157
CALL
PepsiCo
PEP
$190B
| $484M | 0.09% |
3,493,300
+874,900
| +33% | +$119M |
|
158
PUT
AutoZone
AZO
$51.1B
| $482M | 0.09% |
409,400
+100,400
| +32% | +$119M |
|
159
CALL
Qualcomm
QCOM
$176B
| $481M | 0.09% |
4,087,600
-36,000
| -0.9% | -$3.85M |
|
160
CALL
CrowdStrike
CRWD
$218B
| $480M | 0.09% |
13,986,000
+2,873,600
| +26% | +$83.7M |
|
161
CALL
McDonald's
MCD
$195B
| $475M | 0.09% |
2,164,900
-315,700
| -13% | -$64.8M |
|
162
Advanced Micro Devices
AMD
$789B
| $469M | 0.09% |
5,717,843
-3,621,369
| -39% | -$269M |
|
163
CALL
ProShares UltraPro QQQ
TQQQ
$37.4B
| $468M | 0.09% |
28,619,200
+6,731,200
| +31% | +$106M |
|
164
PUT
Trade Desk
TTD
$6.49B
| $465M | 0.09% |
8,961,000
-3,301,000
| -27% | -$151M |
|
165
CALL
Wayfair
W
$14.6B
| $462M | 0.09% |
1,589,000
+524,900
| +49% | +$144M |
|
166
PUT
TSMC
TSM
$2.18T
| $454M | 0.09% |
5,602,000
+2,447,600
| +78% | +$186M |
|
167
PUT
Morgan Stanley
MS
$340B
| $450M | 0.09% |
9,313,500
-1,988,100
| -18% | -$100M |
|
168
iShares MSCI EAFE ETF
EFA
$80.2B
| $446M | 0.09% |
7,013,334
-923,173
| -12% | -$59.1M |
|
169
CALL
UnitedHealth
UNH
$370B
| $442M | 0.08% |
1,419,200
-524,600
| -27% | -$161M |
|
170
PUT
State Street Financial Select Sector SPDR ETF
XLF
$58.8B
| $442M | 0.08% |
18,343,100
-3,873,500
| -17% | -$94.2M |
|
171
Visa
V
$677B
| $441M | 0.08% |
2,206,988
+614,664
| +39% | +$123M |
|
|
172
PUT
Wayfair
W
$14.6B
| $439M | 0.08% |
1,507,100
-383,500
| -20% | -$105M |
|
173
PUT
Coca-Cola
KO
$375B
| $437M | 0.08% |
8,856,100
+217,800
| +3% | +$10.5M |
|
174
CALL
JD.com
JD
$44.5B
| $430M | 0.08% |
5,546,800
+591,900
| +12% | +$41.1M |
|
175
CALL
Spotify
SPOT
$100B
| $429M | 0.08% |
1,769,200
+20,100
| +1% | +$5.19M |
|
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.