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 | |
|---|---|---|---|---|---|---|
8501
Axos Financial
AX
$5.8B
| $322K | ﹤0.01% |
13,805
-11,466
| -45% | -$262K |
|
8502
Ceragon Networks
CRNT
$200M
| $322K | ﹤0.01% |
129,264
+26,213
| +25% | +$63.1K |
|
8503
PUT
Merit Medical Systems
MMSI
$5.42B
| $322K | ﹤0.01% |
7,400
-50,200
| -87% | -$2.27M |
|
8504
Targa Resources
TRGP
$59.1B
| $322K | ﹤0.01% |
+22,960
| New | +$403K |
|
|
VRE
8505
DELISTED
Veris Residential
VRE
| $322K | ﹤0.01% |
+25,485
| New | +$348K |
|
|
PDCO
8506
DELISTED
Patterson Companies, Inc.
PDCO
| $322K | ﹤0.01% |
+13,357
| New | +$340K |
|
8507
PUT
e.l.f. Beauty
ELF
$5.4B
| $321K | ﹤0.01% |
17,500
-4,400
| -20% | -$83.3K |
|
8508
Franklin International Low Volatility High Dividend Index ETF
LVHI
$5.59B
| $321K | ﹤0.01% |
14,609
-18,365
| -56% | -$409K |
|
8509
Ingevity
NGVT
$2.64B
| $321K | ﹤0.01% |
+6,483
| New | +$366K |
|
8510
Newmark Group
NMRK
$2.76B
| $321K | ﹤0.01% |
74,313
+14,859
| +25% | +$64.3K |
|
8511
CALL
Preferred Bank
PFBC
$1.28B
| $321K | ﹤0.01% |
10,000
+5,200
| +108% | +$194K |
|
8512
Invesco Global Water ETF
PIO
$275M
| $321K | ﹤0.01% |
10,110
-7,528
| -43% | -$233K |
|
|
BDSI
8513
CALL
DELISTED
BioDelivery Sciences International, Inc.
BDSI
| $321K | ﹤0.01% |
86,100
+74,300
| +630% | +$316K |
|
8514
PUT
Compass Minerals
CMP
$1.11B
| $320K | ﹤0.01% |
5,400
-14,700
| -73% | -$810K |
|
|
DSL
8515
CALL
DoubleLine Income Solutions Fund
DSL
$1.24B
| $320K | ﹤0.01% |
20,000
-72,000
| -78% | -$1.15M |
|
8516
Ecolab
ECL
$77.4B
| $320K | ﹤0.01% |
1,600
-2,322
| -59% | -$464K |
|
|
EUHY
8517
iShares Euro High Yield Corporate Bond USD Hedged ETF
EUHY
$246M
| $320K | ﹤0.01% |
+6,128
| New | +$320K |
|
8518
iShares US Consumer Staples ETF
IYK
$1.44B
| $320K | ﹤0.01% |
6,432
-44,592
| -87% | -$2.13M |
|
8519
Proshares UltraShort Technology
REW
$3.7M
| $320K | ﹤0.01% |
+1,042
| New | +$355K |
|
|
ENLC
8520
PUT
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $320K | ﹤0.01% |
136,000
+19,300
| +17% | +$51.1K |
|
8521
CALL
Houlihan Lokey
HLI
$8.99B
| $319K | ﹤0.01% |
+5,400
| New | +$309K |
|
8522
Hamilton Lane
HLNE
$5.74B
| $319K | ﹤0.01% |
+4,944
| New | +$338K |
|
8523
Rogers Corp
ROG
$2.55B
| $319K | ﹤0.01% |
3,251
-6,841
| -68% | -$804K |
|
8524
Silicon Motion
SIMO
$9.12B
| $319K | ﹤0.01% |
8,451
-19,777
| -70% | -$793K |
|
|
HMSY
8525
CALL
DELISTED
HMS Holdings Corp.
HMSY
| $319K | ﹤0.01% |
13,300
-6,300
| -32% | -$185K |
|
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.