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 | |
|---|---|---|---|---|---|---|
2626
CALL
M/I Homes
MHO
$3.85B
| $9.36M | ﹤0.01% |
111,400
+23,100
| +26% | +$2.14M |
|
2627
PUT
Woodside Energy
WDS
$44B
| $9.36M | ﹤0.01% |
401,900
+311,400
| +344% | +$7.59M |
|
2628
Liberty Global Class C
LBTYK
$3.49B
| $9.34M | ﹤0.01% |
503,061
-148,738
| -23% | -$2.86M |
|
2629
PUT
American Water Works
AWK
$27.1B
| $9.34M | ﹤0.01% |
75,400
-56,800
| -43% | -$7.96M |
|
2630
PUT
iShares Russell 1000 Growth ETF
IWF
$128B
| $9.34M | ﹤0.01% |
140,400
-177,200
| -56% | -$12.2M |
|
2631
CALL
Jack Henry & Associates
JKHY
$10.9B
| $9.33M | ﹤0.01% |
61,700
-69,700
| -53% | -$11.2M |
|
|
COOP
2632
PUT
DELISTED
Mr. Cooper
COOP
| $9.32M | ﹤0.01% |
174,100
-54,600
| -24% | -$3M |
|
2633
PUT
PTC
PTC
$16.2B
| $9.32M | ﹤0.01% |
65,800
+7,100
| +12% | +$1.02M |
|
2634
CALL
AGCO
AGCO
$7.1B
| $9.32M | ﹤0.01% |
78,800
+16,800
| +27% | +$2.13M |
|
2635
HubSpot
HUBS
$11.2B
| $9.32M | ﹤0.01% |
18,920
-8,001
| -30% | -$4.18M |
|
2636
PUT
Texas Roadhouse
TXRH
$13.6B
| $9.31M | ﹤0.01% |
96,900
-11,700
| -11% | -$1.25M |
|
2637
Equity Residential
EQR
$24.7B
| $9.31M | ﹤0.01% |
158,543
-52,001
| -25% | -$3.36M |
|
2638
PUT
Darling Ingredients
DAR
$10.6B
| $9.31M | ﹤0.01% |
178,300
-58,000
| -25% | -$3.62M |
|
2639
CALL
Schrodinger
SDGR
$1.32B
| $9.29M | ﹤0.01% |
328,500
-477,500
| -59% | -$19.2M |
|
|
NKLA
2640
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $9.29M | ﹤0.01% |
197,153
-2,230
| -1% | -$116K |
|
2641
PUT
Monster Beverage
MNST
$91.7B
| $9.27M | ﹤0.01% |
350,000
-166,200
| -32% | -$4.72M |
|
2642
Tilray
TLRY
$636M
| $9.26M | ﹤0.01% |
387,577
+59,882
| +18% | +$1.41M |
|
2643
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $9.26M | ﹤0.01% |
356,100
-348,500
| -49% | -$9.34M |
|
2644
PUT
Bank of Montreal
BMO
$130B
| $9.22M | ﹤0.01% |
109,300
+7,600
| +7% | +$668K |
|
|
SPWR
2645
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $9.21M | ﹤0.01% |
1,492,400
+766,800
| +106% | +$6.32M |
|
2646
PUT
Chord Energy
CHRD
$7.51B
| $9.19M | ﹤0.01% |
56,700
-8,900
| -14% | -$1.4M |
|
2647
CALL
Boise Cascade
BCC
$2.9B
| $9.18M | ﹤0.01% |
89,100
+52,200
| +141% | +$5.37M |
|
2648
PUT
Everest Group
EG
$14.2B
| $9.18M | ﹤0.01% |
24,700
-26,600
| -52% | -$9.65M |
|
|
DFS
2649
DELISTED
Discover Financial Services
DFS
| $9.16M | ﹤0.01% |
105,759
-90,358
| -46% | -$8.97M |
|
|
2650
PUT
Tilray
TLRY
$636M
| $9.13M | ﹤0.01% |
381,870
+158,790
| +71% | +$3.75M |
|
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.