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 | |
|---|---|---|---|---|---|---|
2576
PUT
Lincoln National
LNC
$8.7B
| $9.78M | ﹤0.01% |
396,000
-176,900
| -31% | -$4.63M |
|
2577
iShares Core MSCI EAFE ETF
IEFA
$196B
| $9.76M | ﹤0.01% |
151,666
+63,318
| +72% | +$4.24M |
|
2578
PUT
Delek US
DK
$4.01B
| $9.75M | ﹤0.01% |
343,300
-233,800
| -41% | -$6.31M |
|
2579
PUT
Ambarella
AMBA
$3.6B
| $9.75M | ﹤0.01% |
183,900
-36,000
| -16% | -$2.53M |
|
2580
PUT
Ericsson
ERIC
$33.6B
| $9.75M | ﹤0.01% |
2,006,200
+1,241,900
| +162% | +$6.32M |
|
2581
PUT
GlobalFoundries
GFS
$30B
| $9.72M | ﹤0.01% |
167,100
+114,100
| +215% | +$6.77M |
|
2582
CALL
Schwab US Broad Market ETF
SCHB
$45.1B
| $9.72M | ﹤0.01% |
585,000
+11,100
| +2% | +$192K |
|
2583
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $9.71M | ﹤0.01% |
85,800
+10,500
| +14% | +$1.2M |
|
2584
National Healthcare
NHC
$3.5B
| $9.69M | ﹤0.01% |
151,401
+15,677
| +12% | +$1M |
|
2585
PUT
Polaris
PII
$3.95B
| $9.69M | ﹤0.01% |
93,000
-11,800
| -11% | -$1.4M |
|
2586
PUT
Corpay
CPAY
$27.4B
| $9.68M | ﹤0.01% |
37,900
-15,300
| -29% | -$4M |
|
|
SWN
2587
CALL
DELISTED
Southwestern Energy Company
SWN
| $9.67M | ﹤0.01% |
1,499,600
-703,200
| -32% | -$4.48M |
|
2588
Campbell Soup
CPB
$6.91B
| $9.66M | ﹤0.01% |
235,194
+71,162
| +43% | +$3.11M |
|
2589
Equity Lifestyle Properties
ELS
$12.7B
| $9.66M | ﹤0.01% |
151,636
+74,548
| +97% | +$5.03M |
|
2590
PUT
SiriusXM
SIRI
$9.59B
| $9.65M | ﹤0.01% |
213,490
+73,540
| +53% | +$3.42M |
|
2591
Kadant
KAI
$3.95B
| $9.63M | ﹤0.01% |
42,699
+28,698
| +205% | +$6.21M |
|
2592
Caesars Entertainment
CZR
$6.06B
| $9.61M | ﹤0.01% |
207,426
+44,305
| +27% | +$2.35M |
|
2593
Amcor
AMCR
$21.3B
| $9.61M | ﹤0.01% |
209,912
+30,916
| +17% | +$1.49M |
|
2594
CALL
CVR Partners
UAN
$1.31B
| $9.61M | ﹤0.01% |
116,300
+7,700
| +7% | +$638K |
|
|
GES
2595
PUT
DELISTED
Guess Inc
GES
| $9.6M | ﹤0.01% |
443,800
+230,500
| +108% | +$4.87M |
|
2596
PUT
Hyatt Hotels
H
$17.1B
| $9.6M | ﹤0.01% |
90,500
-34,600
| -28% | -$3.94M |
|
2597
Darden Restaurants
DRI
$25.6B
| $9.6M | ﹤0.01% |
67,030
-46,695
| -41% | -$7.4M |
|
2598
CALL
CBRE Group
CBRE
$44.3B
| $9.59M | ﹤0.01% |
129,900
+100,300
| +339% | +$8.32M |
|
2599
PUT
Comstock Resources
CRK
$4.13B
| $9.59M | ﹤0.01% |
869,400
+63,400
| +8% | +$747K |
|
2600
Suburban Propane Partners
SPH
$1.18B
| $9.57M | ﹤0.01% |
596,516
+520,936
| +689% | +$7.7M |
|
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.