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 | |
|---|---|---|---|---|---|---|
2551
Advanced Drainage Systems
WMS
$11.4B
| $10M | ﹤0.01% |
88,185
+18,235
| +26% | +$2.23M |
|
2552
CALL
Huntington Bancshares
HBAN
$36.2B
| $10M | ﹤0.01% |
963,800
-380,400
| -28% | -$4.27M |
|
|
CPE
2553
PUT
DELISTED
Callon Petroleum Company
CPE
| $10M | ﹤0.01% |
256,100
-83,400
| -25% | -$3.08M |
|
|
X
2554
DELISTED
US Steel
X
| $10M | ﹤0.01% |
308,211
-1,266,752
| -80% | -$35.5M |
|
2555
International Flavors & Fragrances
IFF
$21.5B
| $10M | ﹤0.01% |
146,748
-28,980
| -16% | -$2.12M |
|
2556
PagSeguro Digital
PAGS
$2.4B
| $10M | ﹤0.01% |
1,161,088
+304,584
| +36% | +$2.87M |
|
2557
PUT
Xerox
XRX
$407M
| $9.98M | ﹤0.01% |
636,200
-677,600
| -52% | -$10.7M |
|
2558
PUT
BioMarin Pharmaceuticals
BMRN
$13B
| $9.95M | ﹤0.01% |
112,500
-108,800
| -49% | -$9.68M |
|
2559
CALL
AES
AES
$10.5B
| $9.94M | ﹤0.01% |
654,200
+133,200
| +26% | +$2.54M |
|
2560
Aptiv
APTV
$10.3B
| $9.94M | ﹤0.01% |
100,780
-39,921
| -28% | -$4.13M |
|
2561
TKO Group
TKO
$14.7B
| $9.93M | ﹤0.01% |
+118,122
| New | +$11M |
|
2562
CALL
Huntsman Corp
HUN
$1.81B
| $9.93M | ﹤0.01% |
406,800
-58,400
| -13% | -$1.58M |
|
2563
PUT
Equinor
EQNR
$96.8B
| $9.9M | ﹤0.01% |
301,900
+8,900
| +3% | +$276K |
|
2564
CALL
Rithm Capital
RITM
$5.79B
| $9.87M | ﹤0.01% |
1,062,300
+37,000
| +4% | +$365K |
|
2565
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $9.86M | ﹤0.01% |
70,599
+50,087
| +244% | +$7.23M |
|
|
PLL
2566
CALL
DELISTED
Piedmont Lithium
PLL
| $9.84M | ﹤0.01% |
247,900
+63,600
| +35% | +$3.09M |
|
2567
CALL
UWM Holdings
UWMC
$2.55B
| $9.84M | ﹤0.01% |
2,028,900
+1,020,100
| +101% | +$5.88M |
|
2568
CALL
Flex
FLEX
$46.6B
| $9.83M | ﹤0.01% |
483,559
-76,170
| -14% | -$1.54M |
|
2569
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $9.82M | ﹤0.01% |
399,000
-26,400
| -6% | -$749K |
|
2570
Illumina
ILMN
$28.8B
| $9.81M | ﹤0.01% |
73,434
+28,622
| +64% | +$4.71M |
|
2571
CALL
Autoliv
ALV
$8.94B
| $9.8M | ﹤0.01% |
101,600
+44,700
| +79% | +$4.28M |
|
2572
PUT
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$228M
| $9.79M | ﹤0.01% |
280,000
-90,300
| -24% | -$3.51M |
|
|
DM
2573
PUT
DELISTED
Desktop Metal, Inc.
DM
| $9.79M | ﹤0.01% |
670,250
-10,860
| -2% | -$180K |
|
2574
Mettler-Toledo International
MTD
$28.4B
| $9.79M | ﹤0.01% |
8,831
+2,809
| +47% | +$3.44M |
|
|
NEWR
2575
PUT
DELISTED
New Relic, Inc.
NEWR
| $9.78M | ﹤0.01% |
114,200
-6,400
| -5% | -$516K |
|
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.