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 | |
|---|---|---|---|---|---|---|
2701
TripAdvisor
TRIP
$1.26B
| $8.83M | ﹤0.01% |
532,340
-173,501
| -25% | -$2.83M |
|
2702
Jefferies Financial Group
JEF
$12.7B
| $8.82M | ﹤0.01% |
240,801
+82,084
| +52% | +$2.94M |
|
2703
CALL
Procore
PCOR
$9.09B
| $8.82M | ﹤0.01% |
135,000
+46,600
| +53% | +$3.11M |
|
2704
Corning
GLW
$143B
| $8.82M | ﹤0.01% |
289,345
+84,415
| +41% | +$2.76M |
|
2705
CALL
iShares US Transportation ETF
IYT
$2.28B
| $8.81M | ﹤0.01% |
150,800
+84,000
| +126% | +$5.25M |
|
2706
CALL
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $8.81M | ﹤0.01% |
148,600
-28,400
| -16% | -$1.74M |
|
2707
AXIS Capital
AXS
$7.38B
| $8.79M | ﹤0.01% |
155,856
+22,304
| +17% | +$1.23M |
|
2708
CALL
Newell Brands
NWL
$2.66B
| $8.78M | ﹤0.01% |
972,700
+10,500
| +1% | +$105K |
|
|
NVO
2709
Novo Nordisk
NVO
$201B
| $8.78M | ﹤0.01% |
96,573
-26,107
| -21% | -$2.3M |
|
2710
Delek US
DK
$4.01B
| $8.75M | ﹤0.01% |
308,135
-499,628
| -62% | -$13.5M |
|
2711
PUT
Ryder
R
$10.1B
| $8.75M | ﹤0.01% |
81,800
+66,500
| +435% | +$6.47M |
|
2712
Fox Class A
FOXA
$29B
| $8.74M | ﹤0.01% |
280,282
+81,183
| +41% | +$2.67M |
|
2713
VanEck High Yield Muni ETF
HYD
$4.4B
| $8.74M | ﹤0.01% |
+178,101
| New | +$9.01M |
|
2714
CALL
Nokia
NOK
$60.1B
| $8.74M | ﹤0.01% |
2,335,900
-1,539,500
| -40% | -$6.07M |
|
2715
PUT
Ferguson
FERG
$47.4B
| $8.73M | ﹤0.01% |
53,100
+7,500
| +16% | +$1.18M |
|
2716
PAR Technology
PAR
$788M
| $8.7M | ﹤0.01% |
225,703
+133,235
| +144% | +$5.04M |
|
2717
CALL
ARK Genomic Revolution ETF
ARKG
$1.74B
| $8.7M | ﹤0.01% |
312,200
+16,400
| +6% | +$536K |
|
2718
CALL
EPR Properties
EPR
$4.69B
| $8.69M | ﹤0.01% |
209,300
+80,000
| +62% | +$3.52M |
|
|
ANSS
2719
PUT
DELISTED
Ansys
ANSS
| $8.69M | ﹤0.01% |
29,200
-37,600
| -56% | -$11.9M |
|
2720
Allegion
ALLE
$14B
| $8.69M | ﹤0.01% |
83,361
+2,539
| +3% | +$286K |
|
2721
CALL
HealthEquity
HQY
$8.76B
| $8.68M | ﹤0.01% |
118,800
+85,200
| +254% | +$5.76M |
|
2722
CALL
Stride
LRN
$3.46B
| $8.67M | ﹤0.01% |
192,500
+116,400
| +153% | +$4.73M |
|
2723
PUT
FirstEnergy
FE
$27.4B
| $8.66M | ﹤0.01% |
253,300
+84,500
| +50% | +$3.14M |
|
2724
BWX Technologies
BWXT
$15.9B
| $8.65M | ﹤0.01% |
115,421
+58,210
| +102% | +$4.21M |
|
2725
CALL
Valley National Bancorp
VLY
$8.29B
| $8.65M | ﹤0.01% |
1,010,600
+485,300
| +92% | +$4.4M |
|
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.