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 | |
|---|---|---|---|---|---|---|
|
SDC
2026
PUT
DELISTED
SmileDirectClub, Inc. Class A Common Stock
SDC
| $11.2M | ﹤0.01% |
957,600
+76,500
| +9% | +$703K |
|
|
TTCF
2027
CALL
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $11.2M | ﹤0.01% |
472,900
+390,500
| +474% | +$7.12M |
|
2028
AudioCodes
AUDC
$249M
| $11.2M | ﹤0.01% |
354,955
+122,839
| +53% | +$4.16M |
|
2029
Vistra
VST
$49.1B
| $11.2M | ﹤0.01% |
591,926
-59,045
| -9% | -$1.11M |
|
2030
PUT
Zimmer Biomet
ZBH
$18.7B
| $11.2M | ﹤0.01% |
84,460
-35,329
| -29% | -$4.62M |
|
2031
CALL
CEL-SCI Corp
CVM
$25.9M
| $11.2M | ﹤0.01% |
29,153
-1,214
| -4% | -$479K |
|
2032
PUT
Takeda Pharmaceutical
TAK
$55.6B
| $11.1M | ﹤0.01% |
624,700
-32,400
| -5% | -$590K |
|
2033
CALL
Global X Silver Miners ETF NEW
SIL
$4.75B
| $11.1M | ﹤0.01% |
257,100
+129,900
| +102% | +$5.92M |
|
2034
PUT
ProShares UltraShort S&P500
SDS
$365M
| $11.1M | ﹤0.01% |
27,940
+816
| +3% | +$341K |
|
2035
PUT
Marriott Vacations Worldwide
VAC
$4.1B
| $11.1M | ﹤0.01% |
122,200
+36,900
| +43% | +$3.35M |
|
2036
Devon Energy
DVN
$48.8B
| $11.1M | ﹤0.01% |
1,171,762
+213,867
| +22% | +$2.25M |
|
2037
CALL
TD Synnex
SNX
$20.4B
| $11.1M | ﹤0.01% |
158,200
-88,600
| -36% | -$5.57M |
|
2038
JetBlue
JBLU
$2.19B
| $11.1M | ﹤0.01% |
977,656
-1,349,155
| -58% | -$15.1M |
|
2039
PUT
Vipshop
VIPS
$6.94B
| $11.1M | ﹤0.01% |
707,100
+203,700
| +40% | +$3.99M |
|
2040
PUT
ScottsMiracle-Gro
SMG
$3.62B
| $11.1M | ﹤0.01% |
72,300
+8,300
| +13% | +$1.28M |
|
2041
CALL
iShares Mortgage Real Estate ETF
REM
$547M
| $11M | ﹤0.01% |
428,500
+54,100
| +14% | +$1.41M |
|
2042
CALL
ZTO Express
ZTO
$17.6B
| $11M | ﹤0.01% |
368,900
+81,700
| +28% | +$2.79M |
|
2043
PUT
Omnicom Group
OMC
$23.5B
| $11M | ﹤0.01% |
222,400
+54,400
| +32% | +$2.91M |
|
2044
CALL
Oshkosh
OSK
$9.61B
| $11M | ﹤0.01% |
149,700
+93,300
| +165% | +$7.18M |
|
|
SOHU
2045
CALL
Sohu.com
SOHU
$369M
| $11M | ﹤0.01% |
553,800
+491,900
| +795% | +$8.53M |
|
2046
PUT
PagerDuty
PD
$876M
| $11M | ﹤0.01% |
405,100
+301,100
| +290% | +$8.46M |
|
2047
PUT
Monster Beverage
MNST
$90.1B
| $11M | ﹤0.01% |
547,200
+144,800
| +36% | +$2.86M |
|
2048
National Healthcare
NHC
$3.47B
| $11M | ﹤0.01% |
175,841
+110,184
| +168% | +$6.89M |
|
2049
New Oriental
EDU
$8.49B
| $11M | ﹤0.01% |
73,249
-52,239
| -42% | -$7.55M |
|
2050
Arch Capital
ACGL
$33.2B
| $10.9M | ﹤0.01% |
374,216
-47,212
| -11% | -$1.44M |
|
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.