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 | |
|---|---|---|---|---|---|---|
1901
Markel Group
MKL
$22.8B
| $12.7M | ﹤0.01% |
13,072
+1,076
| +9% | +$1.09M |
|
1902
CALL
McCormick & Company Non-Voting
MKC
$14.6B
| $12.7M | ﹤0.01% |
131,000
-32,800
| -20% | -$3.21M |
|
1903
PUT
State Street
STT
$52.2B
| $12.7M | ﹤0.01% |
214,200
+31,100
| +17% | +$2.02M |
|
1904
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $12.7M | ﹤0.01% |
172,698
+69,804
| +68% | +$4.94M |
|
1905
PUT
Unity
U
$20.2B
| $12.7M | ﹤0.01% |
+145,400
| New | +$12.3M |
|
1906
PUT
Unilever
UL
$135B
| $12.7M | ﹤0.01% |
182,844
+1,422
| +0.8% | +$94.9K |
|
1907
PUT
Signet Jewelers
SIG
$3.6B
| $12.6M | ﹤0.01% |
676,200
-212,400
| -24% | -$3.09M |
|
1908
CALL
Packaging Corp of America
PKG
$22.9B
| $12.6M | ﹤0.01% |
115,900
-56,700
| -33% | -$5.8M |
|
1909
CALL
Ubiquiti
UI
$35.3B
| $12.6M | ﹤0.01% |
75,800
-67,700
| -47% | -$11.9M |
|
1910
PUT
Ball Corp
BALL
$16.4B
| $12.6M | ﹤0.01% |
151,800
+3,700
| +2% | +$285K |
|
1911
PUT
CEVA Inc
CEVA
$855M
| $12.6M | ﹤0.01% |
320,500
+46,500
| +17% | +$1.84M |
|
|
TIF
1912
DELISTED
Tiffany & Co.
TIF
| $12.6M | ﹤0.01% |
108,842
-75,665
| -41% | -$9.19M |
|
1913
PUT
SSR Mining
SSRM
$6.49B
| $12.6M | ﹤0.01% |
674,700
+354,000
| +110% | +$7.54M |
|
1914
H&R Block
HRB
$6.76B
| $12.6M | ﹤0.01% |
+773,132
| New | +$11.4M |
|
1915
Teck Resources
TECK
$31.3B
| $12.6M | ﹤0.01% |
904,438
+1,898
| +0.2% | +$22.5K |
|
1916
PUT
Wendy's
WEN
$1.65B
| $12.6M | ﹤0.01% |
564,600
-80,100
| -12% | -$1.76M |
|
1917
PUT
Archer Daniels Midland
ADM
$38.6B
| $12.6M | ﹤0.01% |
270,600
-254,400
| -48% | -$11.1M |
|
1918
CALL
Wingstop
WING
$3.1B
| $12.6M | ﹤0.01% |
92,000
-96,300
| -51% | -$14.1M |
|
1919
CALL
Corcept Therapeutics
CORT
$11.9B
| $12.6M | ﹤0.01% |
721,900
+466,800
| +183% | +$7.44M |
|
1920
PUT
iShares US Aerospace & Defense ETF
ITA
$14.9B
| $12.6M | ﹤0.01% |
158,600
-12,200
| -7% | -$1,000K |
|
1921
Scorpio Tankers
STNG
$3.93B
| $12.6M | ﹤0.01% |
1,133,874
+39,925
| +4% | +$502K |
|
1922
PUT
First Trust Cloud Computing ETF
SKYY
$3.38B
| $12.5M | ﹤0.01% |
159,700
+26,700
| +20% | +$2.07M |
|
1923
PUT
United Parks & Resorts
PRKS
$2.04B
| $12.5M | ﹤0.01% |
634,700
-571,600
| -47% | -$10.4M |
|
1924
Invitation Homes
INVH
$18B
| $12.5M | ﹤0.01% |
447,045
-168,469
| -27% | -$4.8M |
|
1925
CALL
Equinox Gold
EQX
$13.1B
| $12.5M | ﹤0.01% |
1,068,400
+541,500
| +103% | +$6.52M |
|
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.