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 | |
|---|---|---|---|---|---|---|
2526
PJT Partners
PJT
$4.46B
| $10.2M | ﹤0.01% |
128,579
+18,601
| +17% | +$1.44M |
|
2527
CALL
Xponential Fitness
XPOF
$206M
| $10.2M | ﹤0.01% |
658,000
+231,600
| +54% | +$4.54M |
|
2528
CALL
DoubleVerify
DV
$2.04B
| $10.2M | ﹤0.01% |
364,300
+12,300
| +3% | +$421K |
|
2529
PUT
MP Materials
MP
$10.5B
| $10.2M | ﹤0.01% |
532,900
-152,300
| -22% | -$3.38M |
|
2530
PUT
Fastly Inc
FSLY
$4.77B
| $10.2M | ﹤0.01% |
530,300
+162,600
| +44% | +$3.17M |
|
2531
CALL
Vail Resorts
MTN
$5.28B
| $10.2M | ﹤0.01% |
45,800
-32,600
| -42% | -$7.74M |
|
2532
CALL
Hyatt Hotels
H
$17.1B
| $10.2M | ﹤0.01% |
95,800
+61,800
| +182% | +$7.04M |
|
2533
Goodyear
GT
$1.76B
| $10.2M | ﹤0.01% |
816,899
-654,742
| -44% | -$8.9M |
|
2534
PUT
Equity Residential
EQR
$24.7B
| $10.2M | ﹤0.01% |
172,900
-11,900
| -6% | -$769K |
|
2535
CALL
ScottsMiracle-Gro
SMG
$3.55B
| $10.1M | ﹤0.01% |
196,400
-2,500
| -1% | -$145K |
|
2536
PUT
Labcorp
LH
$25.8B
| $10.1M | ﹤0.01% |
50,400
+8,380
| +20% | +$1.77M |
|
2537
PUT
Vornado Realty Trust
VNO
$7.28B
| $10.1M | ﹤0.01% |
446,700
+9,800
| +2% | +$217K |
|
2538
CALL
Build-A-Bear
BBW
$481M
| $10.1M | ﹤0.01% |
344,400
+270,100
| +364% | +$6.83M |
|
2539
Organon & Co
OGN
$3.6B
| $10.1M | ﹤0.01% |
582,346
+384,363
| +194% | +$8.01M |
|
|
FNGA
2540
DELISTED
MicroSectors FANG+ Index 3X Leveraged ETNs due January 8, 2038
FNGA
| $10.1M | ﹤0.01% |
67,251
-95,239
| -59% | -$17M |
|
2541
Fidelity National Financial
FNF
$13.3B
| $10.1M | ﹤0.01% |
244,207
-95,390
| -28% | -$3.82M |
|
2542
PUT
Ball Corp
BALL
$16.4B
| $10.1M | ﹤0.01% |
202,600
-458,500
| -69% | -$25M |
|
2543
PUT
Syndax Pharmaceuticals
SNDX
$1.77B
| $10.1M | ﹤0.01% |
693,800
+590,800
| +574% | +$11.2M |
|
2544
PUT
Bio-Rad Laboratories Class A
BIO
$9.53B
| $10.1M | ﹤0.01% |
28,100
-16,200
| -37% | -$6.25M |
|
2545
Agree Realty
ADC
$9.3B
| $10.1M | ﹤0.01% |
182,329
+1,387
| +0.8% | +$86.7K |
|
|
MRSH
2546
PUT
Marsh
MRSH
$89.6B
| $10.1M | ﹤0.01% |
52,900
-13,000
| -20% | -$2.49M |
|
2547
JetBlue
JBLU
$2.13B
| $10.1M | ﹤0.01% |
2,187,060
-447,544
| -17% | -$2.94M |
|
2548
CALL
Darling Ingredients
DAR
$10.6B
| $10.1M | ﹤0.01% |
192,700
-44,600
| -19% | -$2.79M |
|
2549
iShares MSCI India ETF
INDA
$6.56B
| $10M | ﹤0.01% |
+227,162
| New | +$10M |
|
2550
PUT
Interactive Brokers
IBKR
$41.7B
| $10M | ﹤0.01% |
464,000
-129,600
| -22% | -$2.88M |
|
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.