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 | |
|---|---|---|---|---|---|---|
2676
PUT
MasTec
MTZ
$23.9B
| $9M | ﹤0.01% |
125,100
+18,000
| +17% | +$1.79M |
|
2677
Workiva
WK
$3.84B
| $9M | ﹤0.01% |
88,776
+74,316
| +514% | +$7.72M |
|
2678
Vanguard Information Technology ETF
VGT
$150B
| $9M | ﹤0.01% |
173,456
+53,360
| +44% | +$2.9M |
|
2679
Comstock Resources
CRK
$4.13B
| $8.98M | ﹤0.01% |
813,943
-327,404
| -29% | -$3.86M |
|
2680
PUT
Golar LNG
GLNG
$5.34B
| $8.95M | ﹤0.01% |
369,000
-223,300
| -38% | -$5.15M |
|
2681
T. Rowe Price
TROW
$23.6B
| $8.95M | ﹤0.01% |
85,309
-35,857
| -30% | -$4.04M |
|
|
MASI
2682
PUT
DELISTED
Masimo
MASI
| $8.94M | ﹤0.01% |
102,000
+86,100
| +542% | +$10M |
|
|
CMA
2683
DELISTED
Comerica
CMA
| $8.94M | ﹤0.01% |
215,223
-86,367
| -29% | -$4.1M |
|
2684
Teledyne Technologies
TDY
$31.5B
| $8.94M | ﹤0.01% |
21,871
+9,834
| +82% | +$3.99M |
|
2685
CALL
Harley-Davidson
HOG
$2.89B
| $8.93M | ﹤0.01% |
270,000
+56,300
| +26% | +$1.96M |
|
2686
CALL
Bank of Hawaii
BOH
$3.17B
| $8.92M | ﹤0.01% |
179,600
-67,000
| -27% | -$3.44M |
|
2687
PUT
AGCO
AGCO
$7.1B
| $8.92M | ﹤0.01% |
75,400
+16,200
| +27% | +$2.06M |
|
|
SPR
2688
PUT
DELISTED
Spirit AeroSystems
SPR
| $8.92M | ﹤0.01% |
552,500
+48,400
| +10% | +$1.11M |
|
2689
PUT
Citizens Financial Group
CFG
$31.5B
| $8.91M | ﹤0.01% |
332,500
-239,700
| -42% | -$6.85M |
|
2690
PUT
KKR & Co
KKR
$102B
| $8.9M | ﹤0.01% |
144,400
-219,600
| -60% | -$13.3M |
|
2691
PUT
Reliance Steel & Aluminium
RS
$21.8B
| $8.89M | ﹤0.01% |
33,900
+17,800
| +111% | +$4.93M |
|
2692
PUT
Global Ship Lease
GSL
$1.52B
| $8.89M | ﹤0.01% |
484,700
+109,900
| +29% | +$2.15M |
|
2693
PUT
Republic Services
RSG
$65.7B
| $8.86M | ﹤0.01% |
62,200
-61,800
| -50% | -$9.18M |
|
2694
Arrowhead Research
ARWR
$12.2B
| $8.86M | ﹤0.01% |
329,838
-10,780
| -3% | -$330K |
|
2695
PUT
Roper Technologies
ROP
$39.5B
| $8.86M | ﹤0.01% |
18,300
-13,100
| -42% | -$6.42M |
|
2696
CALL
Black Stone Minerals
BSM
$3.05B
| $8.85M | ﹤0.01% |
513,900
-292,400
| -36% | -$4.98M |
|
2697
Synchrony
SYF
$26.4B
| $8.83M | ﹤0.01% |
288,889
-18,843
| -6% | -$627K |
|
|
LAC
2698
DELISTED
Lithium Americas Corp. Common Shares
LAC
| $8.83M | ﹤0.01% |
519,004
+295,490
| +132% | +$5.58M |
|
|
GTLS
2699
PUT
DELISTED
Chart Industries
GTLS
| $8.83M | ﹤0.01% |
52,200
-200
| -0.4% | -$33.6K |
|
2700
CALL
RBC Bearings
RBC
$17.7B
| $8.83M | ﹤0.01% |
37,700
+4,500
| +14% | +$1.02M |
|
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.