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 | 1.99% |
| 2 | Consumer Discretionary | 1.08% |
| 3 | Financials | 1% |
| 4 | Communication Services | 0.82% |
| 5 | Healthcare | 0.76% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
8551
PUT
New Mountain Finance
NMFC
$730M
| $315K | ﹤0.01% |
32,900
+12,600
| +62% | +$122K |
|
8552
CALL
Schwab US REIT ETF
SCHH
$11.4B
| $315K | ﹤0.01% |
17,800
-21,200
| -54% | -$381K |
|
|
SZNE
8553
DELISTED
Pacer CFRA-Stoval Equal Weight Seasonal Rotation ETF
SZNE
| $315K | ﹤0.01% |
11,484
-25,422
| -69% | -$698K |
|
8554
PUT
Vera Bradley
VRA
$93M
| $315K | ﹤0.01% |
51,600
-11,100
| -18% | -$59.3K |
|
|
GMLP
8555
DELISTED
Golar LNG Partners LP
GMLP
| $315K | ﹤0.01% |
155,199
-44,286
| -22% | -$116K |
|
|
GRA
8556
DELISTED
W.R. Grace & Co.
GRA
| $315K | ﹤0.01% |
7,823
-13,555
| -63% | -$618K |
|
8557
UVA Unconstrained Medium-Term Fixed Income ETF
FFIU
$52.6M
| $314K | ﹤0.01% |
+11,890
| New | +$316K |
|
8558
PUT
Fossil Group
FOSL
$329M
| $314K | ﹤0.01% |
54,700
-1,200
| -2% | -$6.39K |
|
8559
Ventas
VTR
$46.9B
| $314K | ﹤0.01% |
7,488
-166,891
| -96% | -$6.67M |
|
8560
PUT
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $313K | ﹤0.01% |
+8,800
| New | +$350K |
|
8561
PUT
US Physical Therapy
USPH
$1.21B
| $313K | ﹤0.01% |
3,600
-36,700
| -91% | -$3.16M |
|
8562
Varex Imaging
VREX
$779M
| $313K | ﹤0.01% |
24,584
+8,214
| +50% | +$112K |
|
|
PETQ
8563
PUT
DELISTED
PetIQ, Inc. Class A Common Stock
PETQ
| $313K | ﹤0.01% |
9,500
-10,700
| -53% | -$356K |
|
|
BITA
8564
PUT
DELISTED
Bitauto Holdings Limited
BITA
| $313K | ﹤0.01% |
19,900
-40,100
| -67% | -$634K |
|
8565
PUT
Acadia Healthcare
ACHC
$2.87B
| $312K | ﹤0.01% |
+10,600
| New | +$308K |
|
8566
ProShares Large Cap Core Plus
CSM
$537M
| $312K | ﹤0.01% |
8,174
-35,130
| -81% | -$1.33M |
|
8567
PUT
Funko
FNKO
$344M
| $312K | ﹤0.01% |
53,800
-25,600
| -32% | -$150K |
|
8568
PUT
Lantheus
LNTH
$6.59B
| $312K | ﹤0.01% |
24,600
+3,400
| +16% | +$46.6K |
|
8569
CALL
ProShares Ultra Materials
UYM
$40.3M
| $312K | ﹤0.01% |
+22,400
| New | +$308K |
|
|
NNA
8570
CALL
DELISTED
Navios Maritime Acquisition Corporation
NNA
| $312K | ﹤0.01% |
+73,700
| New | +$340K |
|
|
WDR
8571
PUT
DELISTED
Waddell & Reed Financial, Inc.
WDR
| $312K | ﹤0.01% |
+21,000
| New | +$320K |
|
8572
EXL Service
EXLS
$5.28B
| $311K | ﹤0.01% |
23,535
-29,255
| -55% | -$375K |
|
|
TDAY
8573
USA Today Co
TDAY
$1.03B
| $311K | ﹤0.01% |
239,212
-17,884
| -7% | -$27.3K |
|
8574
XBiotech
XBIT
$70.1M
| $311K | ﹤0.01% |
16,281
-20,418
| -56% | -$352K |
|
|
WIRE
8575
CALL
DELISTED
Encore Wire Corp
WIRE
| $311K | ﹤0.01% |
6,700
-5,500
| -45% | -$275K |
|
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.