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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.26B |
| 2 |
Invesco QQQ Trust
QQQ
|
+$2.12B |
| 3 |
Apple
AAPL
|
+$986M |
| 4 |
Amazon
AMZN
|
+$676M |
| 5 |
Kenvue
KVUE
|
+$501M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$1.26B |
| 2 |
iShares MSCI EAFE ETF
EFA
|
+$638M |
| 3 |
Microsoft
MSFT
|
+$630M |
| 4 |
Meta Platforms (Facebook)
META
|
+$578M |
| 5 |
Alphabet (Google) Class A
GOOGL
|
+$453M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.36% |
| 2 | Consumer Discretionary | 1.65% |
| 3 | Financials | 1.08% |
| 4 | Healthcare | 0.89% |
| 5 | Communication Services | 0.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
PUT
Axsome Therapeutics
AXSM
$11.2B
| $10.5M | ﹤0.01% |
150,600
-77,000
| -34% | -$5.76M |
|
|
TEN
2477
PUT
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $10.5M | ﹤0.01% |
506,300
+203,800
| +67% | +$4.04M |
|
2478
Post Holdings
POST
$3.67B
| $10.5M | ﹤0.01% |
122,667
+79,147
| +182% | +$6.91M |
|
2479
PUT
Inspire Medical Systems
INSP
$1.65B
| $10.5M | ﹤0.01% |
53,000
-10,000
| -16% | -$2.52M |
|
2480
PUT
Huntington Ingalls Industries
HII
$12.9B
| $10.5M | ﹤0.01% |
51,400
+11,600
| +29% | +$2.56M |
|
2481
Alcon
ALC
$35.9B
| $10.5M | ﹤0.01% |
136,347
+46,107
| +51% | +$3.79M |
|
2482
Franklin Resources
BEN
$17.2B
| $10.5M | ﹤0.01% |
426,840
-129,495
| -23% | -$3.5M |
|
2483
PUT
Herbalife
HLF
$1.29B
| $10.5M | ﹤0.01% |
749,900
+579,800
| +341% | +$8.77M |
|
2484
PUT
CRISPR Therapeutics
CRSP
$5.18B
| $10.5M | ﹤0.01% |
231,100
-31,300
| -12% | -$1.62M |
|
|
YALA
2485
Yalla Group
YALA
$832M
| $10.5M | ﹤0.01% |
2,000,000
| – | – |
|
2486
PUT
Diageo
DEO
$53.1B
| $10.5M | ﹤0.01% |
70,200
-89,800
| -56% | -$15M |
|
2487
CALL
Delek US
DK
$4.01B
| $10.5M | ﹤0.01% |
368,200
+170,700
| +86% | +$4.61M |
|
2488
CALL
Infosys
INFY
$49B
| $10.4M | ﹤0.01% |
610,400
-220,800
| -27% | -$3.77M |
|
2489
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $10.4M | ﹤0.01% |
+73,698
| New | +$11M |
|
2490
CALL
AerCap
AER
$24B
| $10.4M | ﹤0.01% |
166,600
+49,400
| +42% | +$3.11M |
|
2491
PUT
Neurocrine Biosciences
NBIX
$15.5B
| $10.4M | ﹤0.01% |
92,800
+60,200
| +185% | +$6.34M |
|
2492
PUT
Sabre
SABR
$900M
| $10.4M | ﹤0.01% |
2,324,300
+1,231,900
| +113% | +$5.59M |
|
|
HCP
2493
PUT
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $10.4M | ﹤0.01% |
457,100
-44,700
| -9% | -$1.21M |
|
2494
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$24.7B
| $10.4M | ﹤0.01% |
552,094
-402,753
| -42% | -$9.23M |
|
2495
IonQ
IONQ
$18.7B
| $10.4M | ﹤0.01% |
699,809
+138,618
| +25% | +$2.18M |
|
2496
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.6B
| $10.4M | ﹤0.01% |
849,693
+390,393
| +85% | +$5.51M |
|
2497
CALL
Hertz
HTZ
$798M
| $10.4M | ﹤0.01% |
849,100
-942,800
| -53% | -$15.8M |
|
2498
Banco Bradesco
BBD
$34.2B
| $10.4M | ﹤0.01% |
3,647,540
+2,659,768
| +269% | +$8.42M |
|
2499
M&T Bank
MTB
$36.7B
| $10.4M | ﹤0.01% |
82,186
+7,125
| +9% | +$929K |
|
2500
United Airlines
UAL
$40.7B
| $10.4M | ﹤0.01% |
245,403
+123,583
| +101% | +$6.25M |
|
Similar funds
Susquehanna International Group's Q3 2023 Portfolio in Review
As of Q3 2023, Susquehanna International Group held 13,532 positions worth $481B, down 2.3% from $492B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Susquehanna International Group's Q3 2023 filing shows 1,585 new, 5,250 increased, 4,926 reduced and 1,614 closed positions. Its largest new stake was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M. The largest sale was NVIDIA, an estimated $1.26B.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 2.7% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q3 2023 buy was iShares JPMorgan USD Emerging Markets Bond ETF: 632,356 shares worth $52.2M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q3 2023, an estimated $3.26B increase.
- Susquehanna International Group's biggest Q3 2023 reduction was NVIDIA, cutting an estimated $1.26B.
- Susquehanna International Group fully exited Magellan Midstream Partners, L.P. in Q3 2023, selling an estimated $45.6M.
- Susquehanna International Group's ten largest holdings make up 28% of its $481B portfolio in Q3 2023.
- Susquehanna International Group opened 1,585 new positions and closed 1,614 in Q3 2023.
- Susquehanna International Group's portfolio value fell 2.3% quarter-over-quarter to $481B.
Based on Susquehanna International Group's 13F filing for Q3 2023, filed 14 Nov 2023.