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 | |
|---|---|---|---|---|---|---|
4901
PUT
OneSpan
OSPN
$602M
| $1.69M | ﹤0.01% |
+80,600
| New | +$1.99M |
|
4902
AXIS Capital
AXS
$7.38B
| $1.69M | ﹤0.01% |
38,299
+502
| +1% | +$21.9K |
|
4903
CALL
AeroVironment
AVAV
$9.76B
| $1.69M | ﹤0.01% |
28,100
-35,100
| -56% | -$2.61M |
|
4904
CALL
NeoGenomics
NEO
$2.05B
| $1.69M | ﹤0.01% |
45,700
-37,900
| -45% | -$1.41M |
|
4905
CALL
VirnetX Holding Corp
VHC
$62.8M
| $1.69M | ﹤0.01% |
16,000
-11,845
| -43% | -$1.27M |
|
4906
Progress Software
PRGS
$1.79B
| $1.68M | ﹤0.01% |
45,876
+23,203
| +102% | +$845K |
|
4907
Renaissance IPO ETF
IPO
$165M
| $1.68M | ﹤0.01% |
32,173
-11,106
| -26% | -$510K |
|
4908
iShares Core Moderate Allocation ETF
AOM
$1.78B
| $1.68M | ﹤0.01% |
40,892
-6,340
| -13% | -$260K |
|
4909
PUT
Halozyme
HALO
$11.2B
| $1.68M | ﹤0.01% |
63,800
-11,700
| -15% | -$326K |
|
4910
First Trust Emerging Markets AlphaDEX Fund
FEM
$790M
| $1.68M | ﹤0.01% |
+77,512
| New | +$1.76M |
|
4911
ProShares UltraShort S&P500
SDS
$366M
| $1.68M | ﹤0.01% |
+4,202
| New | +$1.75M |
|
4912
CALL
STAG Industrial
STAG
$7.09B
| $1.67M | ﹤0.01% |
54,900
+13,000
| +31% | +$410K |
|
4913
PUT
Seres Therapeutics
MCRB
$45.6M
| $1.67M | ﹤0.01% |
2,955
-4,580
| -61% | -$1.52M |
|
4914
PUT
YPF Sociedad Anonima ADS
YPF
$19.6B
| $1.67M | ﹤0.01% |
467,800
+12,100
| +3% | +$68K |
|
|
EQC
4915
CALL
DELISTED
Equity Commonwealth
EQC
| $1.67M | ﹤0.01% |
62,700
+6,300
| +11% | +$195K |
|
|
CTXS
4916
DELISTED
Citrix Systems Inc
CTXS
| $1.67M | ﹤0.01% |
12,122
-25,301
| -68% | -$3.61M |
|
4917
CALL
Ares Management
ARES
$32.5B
| $1.67M | ﹤0.01% |
41,300
+5,100
| +14% | +$204K |
|
4918
Cerence
CRNC
$407M
| $1.67M | ﹤0.01% |
34,146
-7,868
| -19% | -$378K |
|
4919
PUT
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $1.67M | ﹤0.01% |
28,300
-230,800
| -89% | -$13.2M |
|
4920
CALL
Arrow Electronics
ARW
$10.9B
| $1.67M | ﹤0.01% |
21,200
+1,500
| +8% | +$111K |
|
|
BKI
4921
PUT
DELISTED
Black Knight, Inc. Common Stock
BKI
| $1.66M | ﹤0.01% |
19,100
+8,800
| +85% | +$693K |
|
4922
PUT
CONMED
CNMD
$1.51B
| $1.66M | ﹤0.01% |
+21,100
| New | +$1.72M |
|
4923
Labcorp
LH
$25.8B
| $1.66M | ﹤0.01% |
10,264
-16,548
| -62% | -$2.62M |
|
|
VISN
4924
Vistance Networks Inc
VISN
$2.66B
| $1.66M | ﹤0.01% |
184,326
+17,395
| +10% | +$164K |
|
4925
ProShares UltraShort Gold
GLL
$104M
| $1.66M | ﹤0.01% |
12,888
+9,825
| +321% | +$1.24M |
|
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.