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 | |
|---|---|---|---|---|---|---|
2101
Rithm Capital
RITM
$5.79B
| $10.4M | ﹤0.01% |
1,309,978
+47,901
| +4% | +$369K |
|
2102
CALL
ResMed
RMD
$32.8B
| $10.4M | ﹤0.01% |
60,700
+16,700
| +38% | +$3.08M |
|
2103
PUT
Incyte
INCY
$24.5B
| $10.4M | ﹤0.01% |
115,800
+28,700
| +33% | +$2.77M |
|
2104
Invesco China Technology ETF
CQQQ
$3.19B
| $10.4M | ﹤0.01% |
149,977
+143,120
| +2,087% | +$9.96M |
|
2105
PUT
IPG Photonics
IPGP
$3.71B
| $10.4M | ﹤0.01% |
61,000
-6,400
| -9% | -$1.06M |
|
2106
CALL
Northern Trust
NTRS
$35B
| $10.4M | ﹤0.01% |
132,900
-61,200
| -32% | -$4.91M |
|
|
BZUN
2107
CALL
Baozun
BZUN
$164M
| $10.4M | ﹤0.01% |
318,700
-153,100
| -32% | -$6.09M |
|
|
SINA
2108
CALL
DELISTED
Sina Corp
SINA
| $10.4M | ﹤0.01% |
243,000
+126,600
| +109% | +$5.09M |
|
2109
CALL
IQVIA
IQV
$39.8B
| $10.3M | ﹤0.01% |
65,500
-37,900
| -37% | -$5.94M |
|
|
GBT
2110
PUT
DELISTED
Global Blood Therapeutics, Inc.
GBT
| $10.3M | ﹤0.01% |
187,100
+7,100
| +4% | +$451K |
|
2111
PUT
Sabre
SABR
$831M
| $10.3M | ﹤0.01% |
1,583,100
+921,600
| +139% | +$6.83M |
|
2112
CALL
Floor & Decor
FND
$6.32B
| $10.3M | ﹤0.01% |
137,400
-126,600
| -48% | -$8.7M |
|
2113
Gen Digital
GEN
$17.7B
| $10.3M | ﹤0.01% |
493,057
+109,497
| +29% | +$2.37M |
|
2114
Opko Health
OPK
$1.04B
| $10.3M | ﹤0.01% |
2,783,933
+1,074,620
| +63% | +$4.54M |
|
2115
CALL
Molina Healthcare
MOH
$10.8B
| $10.3M | ﹤0.01% |
56,100
+3,700
| +7% | +$673K |
|
2116
Sarepta Therapeutics
SRPT
$1.94B
| $10.3M | ﹤0.01% |
73,131
+44,255
| +153% | +$6.73M |
|
2117
CALL
Fluor
FLR
$6.96B
| $10.2M | ﹤0.01% |
1,161,700
-86,900
| -7% | -$914K |
|
2118
NetApp
NTAP
$40.2B
| $10.2M | ﹤0.01% |
233,408
+109,176
| +88% | +$4.76M |
|
|
ARR
2119
CALL
Armour Residential REIT
ARR
$2.37B
| $10.2M | ﹤0.01% |
215,080
+130,800
| +155% | +$6.24M |
|
|
NVRO
2120
CALL
DELISTED
NEVRO CORP.
NVRO
| $10.2M | ﹤0.01% |
73,300
-25,300
| -26% | -$3.38M |
|
2121
Realty Income
O
$59.6B
| $10.2M | ﹤0.01% |
173,277
+161,552
| +1,378% | +$9.55M |
|
2122
CALL
Neurocrine Biosciences
NBIX
$15.9B
| $10.2M | ﹤0.01% |
106,000
-40,400
| -28% | -$4.67M |
|
|
JNPR
2123
PUT
DELISTED
Juniper Networks
JNPR
| $10.2M | ﹤0.01% |
473,800
-145,200
| -23% | -$3.44M |
|
|
FITB
2124
PUT
Fifth Third Bancorp
FITB
$52.6B
| $10.2M | ﹤0.01% |
477,000
-332,400
| -41% | -$6.69M |
|
2125
O'Reilly Automotive
ORLY
$74.5B
| $10.2M | ﹤0.01% |
330,795
+94,215
| +40% | +$2.86M |
|
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.