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 | |
|---|---|---|---|---|---|---|
2076
PUT
Macerich
MAC
$6.99B
| $10.7M | ﹤0.01% |
1,572,400
+544,400
| +53% | +$4.28M |
|
2077
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$340M
| $10.7M | ﹤0.01% |
96,700
-144,700
| -60% | -$15.9M |
|
2078
ACM Research
ACMR
$5.65B
| $10.7M | ﹤0.01% |
+462,378
| New | +$13.1M |
|
2079
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $10.6M | ﹤0.01% |
485,754
+473,867
| +3,986% | +$10.4M |
|
2080
PUT
Air Products & Chemicals
APD
$67.7B
| $10.6M | ﹤0.01% |
35,700
-141,600
| -80% | -$40.7M |
|
2081
CALL
Trex
TREX
$5.05B
| $10.6M | ﹤0.01% |
148,400
+9,400
| +7% | +$650K |
|
2082
CALL
FS KKR Capital
FSK
$3.36B
| $10.6M | ﹤0.01% |
668,900
+408,900
| +157% | +$6.38M |
|
2083
CALL
Dover
DOV
$28B
| $10.6M | ﹤0.01% |
97,900
-7,200
| -7% | -$771K |
|
2084
CALL
Qiagen
QGEN
$8.93B
| $10.6M | ﹤0.01% |
191,346
+38,948
| +26% | +$2.02M |
|
2085
Xerox
XRX
$412M
| $10.6M | ﹤0.01% |
564,832
+120,510
| +27% | +$2.11M |
|
|
NTCO
2086
CALL
DELISTED
Natura &Co Holding S.A. American Depositary Shares (each representing two Common Shares)
NTCO
| $10.6M | ﹤0.01% |
582,200
-9,600
| -2% | -$168K |
|
2087
iShares MSCI France ETF
EWQ
$332M
| $10.6M | ﹤0.01% |
+379,126
| New | +$10.9M |
|
2088
PUT
Cadence Design Systems
CDNS
$89.2B
| $10.6M | ﹤0.01% |
99,300
+59,400
| +149% | +$6.25M |
|
2089
CALL
Xylem
XYL
$28.5B
| $10.5M | ﹤0.01% |
125,400
+28,600
| +30% | +$2.23M |
|
2090
CALL
Iovance Biotherapeutics
IOVA
$2.95B
| $10.5M | ﹤0.01% |
320,000
-66,100
| -17% | -$2.03M |
|
|
SFIX
2091
Stitch Fix
SFIX
$487M
| $10.5M | ﹤0.01% |
387,957
+336,382
| +652% | +$8.64M |
|
2092
Amgen
AMGN
$226B
| $10.5M | ﹤0.01% |
41,409
-153,491
| -79% | -$38M |
|
2093
Williams Companies
WMB
$90.1B
| $10.5M | ﹤0.01% |
535,344
+208,131
| +64% | +$4.24M |
|
2094
PUT
Bio-Rad Laboratories Class A
BIO
$9.68B
| $10.5M | ﹤0.01% |
20,400
+600
| +3% | +$304K |
|
|
CMA
2095
PUT
DELISTED
Comerica
CMA
| $10.5M | ﹤0.01% |
273,900
-150,600
| -35% | -$5.79M |
|
2096
State Street SPDR Portfolio Developed World ex-US ETF
SPDW
$42B
| $10.5M | ﹤0.01% |
+358,000
| New | +$10.5M |
|
2097
PUT
Freshpet
FRPT
$3.48B
| $10.4M | ﹤0.01% |
93,500
+24,700
| +36% | +$2.51M |
|
2098
CALL
Seres Therapeutics
MCRB
$47.4M
| $10.4M | ﹤0.01% |
18,425
+13,430
| +269% | +$4.47M |
|
|
TTCF
2099
PUT
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $10.4M | ﹤0.01% |
441,100
+347,300
| +370% | +$6.33M |
|
2100
ProShares Ultra Bloomberg Crude Oil
UCO
$422M
| $10.4M | ﹤0.01% |
1,464,404
-6,195,144
| -81% | -$47.7M |
|
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.