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 | |
|---|---|---|---|---|---|---|
2726
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$653M
| $8.65M | ﹤0.01% |
299,000
-33,400
| -10% | -$1.14M |
|
|
CFLT
2727
PUT
DELISTED
Confluent
CFLT
| $8.64M | ﹤0.01% |
291,900
+34,200
| +13% | +$1.15M |
|
2728
PUT
Fomento Económico Mexicano
FMX
$40.3B
| $8.63M | ﹤0.01% |
79,100
+24,000
| +44% | +$2.66M |
|
2729
Roblox
RBLX
$27.3B
| $8.63M | ﹤0.01% |
298,090
-79,677
| -21% | -$2.65M |
|
2730
PUT
ArcBest
ARCB
$3.19B
| $8.63M | ﹤0.01% |
84,900
+33,900
| +66% | +$3.56M |
|
2731
Navios Maritime Partners
NMM
$2.33B
| $8.61M | ﹤0.01% |
372,289
-171,864
| -32% | -$3.92M |
|
2732
CALL
ZTO Express
ZTO
$17.4B
| $8.59M | ﹤0.01% |
355,400
-14,200
| -4% | -$361K |
|
2733
PUT
Allegro MicroSystems
ALGM
$8.27B
| $8.58M | ﹤0.01% |
268,700
+80,600
| +43% | +$3.27M |
|
2734
Bio-Rad Laboratories Class A
BIO
$9.53B
| $8.58M | ﹤0.01% |
23,938
+13,911
| +139% | +$5.37M |
|
2735
PUT
Meritage Homes
MTH
$4.76B
| $8.58M | ﹤0.01% |
140,200
+61,000
| +77% | +$4.19M |
|
2736
Bentley Systems
BSY
$10.9B
| $8.57M | ﹤0.01% |
170,936
+71,093
| +71% | +$3.58M |
|
2737
Lincoln National
LNC
$8.7B
| $8.57M | ﹤0.01% |
346,976
-264,187
| -43% | -$6.91M |
|
|
2738
CALL
Allegro MicroSystems
ALGM
$8.27B
| $8.56M | ﹤0.01% |
268,000
-170,700
| -39% | -$6.94M |
|
2739
CALL
Manchester United
MANU
$4.17B
| $8.55M | ﹤0.01% |
431,800
-96,900
| -18% | -$2.11M |
|
2740
PUT
TG Therapeutics
TGTX
$7.46B
| $8.54M | ﹤0.01% |
1,021,000
+59,900
| +6% | +$835K |
|
2741
InMode
INMD
$872M
| $8.53M | ﹤0.01% |
279,953
-42,263
| -13% | -$1.66M |
|
2742
CALL
Campbell Soup
CPB
$6.91B
| $8.52M | ﹤0.01% |
207,400
-94,500
| -31% | -$4.13M |
|
2743
CALL
H&R Block
HRB
$6.83B
| $8.47M | ﹤0.01% |
196,800
+30,000
| +18% | +$1.11M |
|
2744
PUT
Eastman Chemical
EMN
$8.47B
| $8.47M | ﹤0.01% |
110,400
-46,500
| -30% | -$3.86M |
|
2745
CALL
BorgWarner
BWA
$14B
| $8.47M | ﹤0.01% |
209,700
+89,511
| +74% | +$3.79M |
|
|
FYBR
2746
PUT
DELISTED
Frontier Communications
FYBR
| $8.44M | ﹤0.01% |
539,500
+174,300
| +48% | +$2.83M |
|
2747
PUT
STAAR Surgical
STAA
$1.3B
| $8.44M | ﹤0.01% |
210,000
+108,700
| +107% | +$5.09M |
|
2748
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $8.44M | ﹤0.01% |
89,700
+80,300
| +854% | +$7.73M |
|
2749
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $8.43M | ﹤0.01% |
38,660
-805
| -2% | -$162K |
|
|
LBAI
2750
DELISTED
Lakeland Bancorp Inc
LBAI
| $8.42M | ﹤0.01% |
667,193
-13,622
| -2% | -$189K |
|
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.