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 | |
|---|---|---|---|---|---|---|
2901
AvalonBay Communities
AVB
$26.3B
| $5.49M | ﹤0.01% |
36,733
+6,892
| +23% | +$1.05M |
|
2902
PUT
Bruker
BRKR
$8.79B
| $5.48M | ﹤0.01% |
137,800
+125,200
| +994% | +$5.22M |
|
|
FRC
2903
PUT
DELISTED
First Republic Bank
FRC
| $5.47M | ﹤0.01% |
50,200
-25,100
| -33% | -$2.79M |
|
2904
PUT
Northern Trust
NTRS
$35B
| $5.47M | ﹤0.01% |
70,100
+35,800
| +104% | +$2.87M |
|
2905
PUT
iShares MSCI Chile ETF
ECH
$1.04B
| $5.46M | ﹤0.01% |
226,800
+158,400
| +232% | +$4.14M |
|
|
GAN
2906
CALL
DELISTED
GAN Ltd
GAN
| $5.46M | ﹤0.01% |
323,200
+9,400
| +3% | +$199K |
|
|
RIDE
2907
CALL
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $5.46M | ﹤0.01% |
+14,133
| New | +$3.39M |
|
2908
CALL
Principal Financial Group
PFG
$24.4B
| $5.46M | ﹤0.01% |
135,500
+400
| +0.3% | +$17.1K |
|
|
CLVS
2909
DELISTED
Clovis Oncology, Inc.
CLVS
| $5.45M | ﹤0.01% |
935,275
-253,087
| -21% | -$1.51M |
|
2910
Park Hotels & Resorts
PK
$3.05B
| $5.45M | ﹤0.01% |
545,331
+106,800
| +24% | +$1.01M |
|
|
PCH
2911
DELISTED
PotlatchDeltic
PCH
| $5.44M | ﹤0.01% |
129,316
+120,499
| +1,367% | +$5.15M |
|
2912
Anterix
ATEX
$1.79B
| $5.44M | ﹤0.01% |
166,301
+68,261
| +70% | +$2.89M |
|
2913
PUT
Iron Mountain
IRM
$38.5B
| $5.44M | ﹤0.01% |
203,000
-266,800
| -57% | -$7.59M |
|
2914
Vanguard Health Care ETF
VHT
$18.9B
| $5.44M | ﹤0.01% |
26,658
+18,077
| +211% | +$3.66M |
|
|
AL
2915
CALL
DELISTED
Air Lease Corp
AL
| $5.43M | ﹤0.01% |
184,600
+34,800
| +23% | +$1.03M |
|
|
BLD
2916
PUT
DELISTED
TopBuild
BLD
| $5.43M | ﹤0.01% |
31,800
-10,800
| -25% | -$1.55M |
|
2917
CALL
Gaming and Leisure Properties
GLPI
$12.7B
| $5.42M | ﹤0.01% |
146,900
+30,300
| +26% | +$1.1M |
|
2918
PUT
Alpha Pro Tech
APT
$55.4M
| $5.42M | ﹤0.01% |
367,000
-481,700
| -57% | -$8.17M |
|
2919
PUT
Encore Capital Group
ECPG
$2.2B
| $5.42M | ﹤0.01% |
140,500
+113,800
| +426% | +$4.54M |
|
2920
CALL
La-Z-Boy
LZB
$1.67B
| $5.42M | ﹤0.01% |
171,300
+155,400
| +977% | +$4.72M |
|
|
BSJK
2921
DELISTED
Invesco BulletShares 2020 High Yield Corporate Bond ETF
BSJK
| $5.4M | ﹤0.01% |
231,326
+187,322
| +426% | +$4.38M |
|
2922
CALL
Post Holdings
POST
$3.67B
| $5.4M | ﹤0.01% |
95,958
-192,528
| -67% | -$11M |
|
|
ATH
2923
CALL
DELISTED
Athene Holding Ltd. Class A Common Shares
ATH
| $5.4M | ﹤0.01% |
158,400
+87,700
| +124% | +$3.02M |
|
2924
CALL
iShares S&P 100 ETF
OEF
$20.5B
| $5.39M | ﹤0.01% |
34,600
-37,500
| -52% | -$5.77M |
|
2925
CALL
Golar LNG
GLNG
$5.34B
| $5.39M | ﹤0.01% |
889,700
+314,100
| +55% | +$2.81M |
|
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.