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 | |
|---|---|---|---|---|---|---|
2051
CALL
Aramark
ARMK
$16.1B
| $10.9M | ﹤0.01% |
572,698
-144,871
| -20% | -$2.58M |
|
2052
PUT
Ecolab
ECL
$78.1B
| $10.9M | ﹤0.01% |
54,400
-30,800
| -36% | -$6.15M |
|
2053
PUT
Coherent
COHR
$64B
| $10.9M | ﹤0.01% |
267,700
+127,600
| +91% | +$5.62M |
|
|
GBT
2054
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $10.9M | ﹤0.01% |
196,820
+87,939
| +81% | +$5.59M |
|
2055
Aflac
AFL
$60.5B
| $10.8M | ﹤0.01% |
298,454
+237,615
| +391% | +$8.65M |
|
2056
CALL
Nutanix
NTNX
$17.5B
| $10.8M | ﹤0.01% |
489,100
-183,000
| -27% | -$4.18M |
|
2057
PUT
Exelixis
EXEL
$12.5B
| $10.8M | ﹤0.01% |
443,600
+41,000
| +10% | +$957K |
|
2058
CALL
Edison International
EIX
$26.7B
| $10.8M | ﹤0.01% |
213,100
+78,600
| +58% | +$4.18M |
|
2059
PUT
Brookfield
BN
$110B
| $10.8M | ﹤0.01% |
612,117
-39,799
| -6% | -$711K |
|
2060
Keurig Dr Pepper
KDP
$42.3B
| $10.8M | ﹤0.01% |
391,709
-35,036
| -8% | -$1.03M |
|
2061
CALL
Broadridge
BR
$19.3B
| $10.8M | ﹤0.01% |
81,800
-18,800
| -19% | -$2.51M |
|
2062
Cirrus Logic
CRUS
$6.11B
| $10.8M | ﹤0.01% |
159,643
+41,092
| +35% | +$2.57M |
|
|
UN
2063
PUT
DELISTED
Unilever NV New York Registry Shares
UN
| $10.8M | ﹤0.01% |
178,200
-33,000
| -16% | -$1.91M |
|
2064
PUT
W.P. Carey
WPC
$16.1B
| $10.7M | ﹤0.01% |
168,363
-112,208
| -40% | -$7.56M |
|
2065
CALL
HEICO Corp
HEI
$52.1B
| $10.7M | ﹤0.01% |
102,600
+23,000
| +29% | +$2.38M |
|
2066
Range Resources
RRC
$9.39B
| $10.7M | ﹤0.01% |
1,621,777
-118,057
| -7% | -$856K |
|
2067
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$199M
| $10.7M | ﹤0.01% |
7,906
+1,706
| +28% | +$2.42M |
|
2068
Fox Class A
FOXA
$27.5B
| $10.7M | ﹤0.01% |
385,340
+92,022
| +31% | +$2.44M |
|
2069
PUT
ICICI Bank
IBN
$107B
| $10.7M | ﹤0.01% |
1,089,900
+475,000
| +77% | +$4.73M |
|
2070
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $10.7M | ﹤0.01% |
726,600
+280,800
| +63% | +$4.07M |
|
2071
CALL
Tyler Technologies
TYL
$13B
| $10.7M | ﹤0.01% |
30,700
+6,100
| +25% | +$2.11M |
|
2072
Sabre
SABR
$831M
| $10.7M | ﹤0.01% |
1,643,001
+883,869
| +116% | +$6.55M |
|
2073
CALL
Realty Income
O
$59.6B
| $10.7M | ﹤0.01% |
181,632
-301,860
| -62% | -$17.8M |
|
2074
CALL
WEX
WEX
$6.48B
| $10.7M | ﹤0.01% |
76,900
+30,000
| +64% | +$4.7M |
|
2075
CALL
Hartford Financial Services
HIG
$37.7B
| $10.7M | ﹤0.01% |
289,800
-46,400
| -14% | -$1.85M |
|
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.