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 | |
|---|---|---|---|---|---|---|
1951
iShares Russell 2000 Value ETF
IWN
$14.7B
| $12.1M | ﹤0.01% |
121,825
+52,047
| +75% | +$5.29M |
|
1952
PUT
FMC
FMC
$1.28B
| $12.1M | ﹤0.01% |
114,100
+58,100
| +104% | +$6.22M |
|
1953
PUT
Bread Financial
BFH
$4.46B
| $12M | ﹤0.01% |
359,611
-148,731
| -29% | -$5.29M |
|
|
VAR
1954
CALL
DELISTED
Varian Medical Systems, Inc.
VAR
| $12M | ﹤0.01% |
69,800
+39,600
| +131% | +$6.23M |
|
1955
HP
HPQ
$28.6B
| $12M | ﹤0.01% |
632,122
-282,085
| -31% | -$5.15M |
|
1956
PUT
Arrowhead Research
ARWR
$12.3B
| $12M | ﹤0.01% |
278,500
-59,000
| -17% | -$2.55M |
|
1957
CALL
US Global Jets ETF
JETS
$832M
| $12M | ﹤0.01% |
708,600
+103,400
| +17% | +$1.76M |
|
1958
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $12M | ﹤0.01% |
89,600
+13,200
| +17% | +$1.76M |
|
|
IMMU
1959
DELISTED
Immunomedics Inc
IMMU
| $12M | ﹤0.01% |
140,618
-35,568
| -20% | -$1.8M |
|
|
SAGE
1960
CALL
DELISTED
Sage Therapeutics
SAGE
| $12M | ﹤0.01% |
195,600
+92,600
| +90% | +$4.69M |
|
1961
PUT
BJs Wholesale Club
BJ
$11.8B
| $11.9M | ﹤0.01% |
287,500
+86,400
| +43% | +$3.57M |
|
1962
PUT
ProShares UltraPro Dow 30
UDOW
$930M
| $11.9M | ﹤0.01% |
613,200
+156,000
| +34% | +$2.91M |
|
1963
PUT
Nutrien
NTR
$32.1B
| $11.9M | ﹤0.01% |
303,500
-111,900
| -27% | -$4.07M |
|
1964
CALL
Cirrus Logic
CRUS
$6.11B
| $11.9M | ﹤0.01% |
176,400
+49,600
| +39% | +$3.11M |
|
1965
PUT
Aramark
ARMK
$16.1B
| $11.9M | ﹤0.01% |
622,696
-158,860
| -20% | -$2.83M |
|
1966
CALL
Canadian Imperial Bank of Commerce
CM
$110B
| $11.9M | ﹤0.01% |
318,200
-405,400
| -56% | -$14.8M |
|
1967
Cognizant
CTSH
$26.2B
| $11.9M | ﹤0.01% |
170,942
-5,209
| -3% | -$339K |
|
1968
Paycom
PAYC
$9.52B
| $11.8M | ﹤0.01% |
38,031
+19,418
| +104% | +$5.67M |
|
1969
PUT
WD-40
WDFC
$3.12B
| $11.8M | ﹤0.01% |
62,500
+1,100
| +2% | +$216K |
|
|
IGMS
1970
CALL
DELISTED
IGM Biosciences
IGMS
| $11.8M | ﹤0.01% |
+160,100
| New | +$9.48M |
|
1971
PUT
Yum China
YUMC
$16.4B
| $11.8M | ﹤0.01% |
223,100
-45,000
| -17% | -$2.38M |
|
|
BLUE
1972
PUT
DELISTED
bluebird bio
BLUE
| $11.8M | ﹤0.01% |
16,868
+4,516
| +37% | +$3.52M |
|
1973
PUT
Nasdaq
NDAQ
$53.5B
| $11.8M | ﹤0.01% |
288,000
+137,100
| +91% | +$5.85M |
|
|
CTLT
1974
CALL
DELISTED
CATALENT, INC.
CTLT
| $11.8M | ﹤0.01% |
137,500
+61,800
| +82% | +$5.23M |
|
1975
CALL
Roper Technologies
ROP
$39.1B
| $11.8M | ﹤0.01% |
29,800
-800
| -3% | -$333K |
|
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.