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 | |
|---|---|---|---|---|---|---|
2801
STAAR Surgical
STAA
$1.31B
| $8.12M | ﹤0.01% |
202,019
+107,013
| +113% | +$5.01M |
|
2802
CALL
Hercules Capital
HTGC
$3.13B
| $8.12M | ﹤0.01% |
494,300
-164,000
| -25% | -$2.68M |
|
2803
United States Natural Gas Fund
UNG
$487M
| $8.12M | ﹤0.01% |
297,038
+160,676
| +118% | +$4.49M |
|
|
NATI
2804
PUT
DELISTED
National Instruments Corp
NATI
| $8.11M | ﹤0.01% |
136,000
+80,900
| +147% | +$4.75M |
|
2805
PUT
Bank of Hawaii
BOH
$3.17B
| $8.1M | ﹤0.01% |
163,100
-59,600
| -27% | -$3.06M |
|
2806
PUT
Ternium
TX
$10.6B
| $8.1M | ﹤0.01% |
203,000
+127,500
| +169% | +$5.26M |
|
2807
PUT
Ultragenyx Pharmaceutical
RARE
$2.61B
| $8.09M | ﹤0.01% |
226,800
+69,100
| +44% | +$2.74M |
|
|
DM
2808
DELISTED
Desktop Metal, Inc.
DM
| $8.08M | ﹤0.01% |
553,228
+180,910
| +49% | +$3M |
|
2809
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $8.08M | ﹤0.01% |
37,045
+3,325
| +10% | +$668K |
|
2810
PUT
Corning
GLW
$143B
| $8.07M | ﹤0.01% |
265,000
-428,200
| -62% | -$14M |
|
2811
CALL
iShares Core S&P Total US Stock Market ETF
ITOT
$98.3B
| $8.07M | ﹤0.01% |
85,700
-20,100
| -19% | -$1.98M |
|
2812
PUT
Post Holdings
POST
$3.67B
| $8.06M | ﹤0.01% |
94,000
-8,300
| -8% | -$724K |
|
|
AIRC
2813
DELISTED
Apartment Income REIT Corp.
AIRC
| $8.06M | ﹤0.01% |
262,413
+86,418
| +49% | +$2.93M |
|
2814
CALL
Ares Management
ARES
$32.5B
| $8.05M | ﹤0.01% |
78,300
+11,400
| +17% | +$1.15M |
|
2815
Avery Dennison
AVY
$13.6B
| $8.02M | ﹤0.01% |
43,889
+12,751
| +41% | +$2.31M |
|
|
OPTU
2816
Optimum Communications Inc
OPTU
$251M
| $8.01M | ﹤0.01% |
2,449,006
-989,537
| -29% | -$3.19M |
|
2817
PUT
New Fortress Energy
NFE
$92.6M
| $7.99M | ﹤0.01% |
243,800
+20,300
| +9% | +$597K |
|
2818
PUT
Mattel
MAT
$4.29B
| $7.98M | ﹤0.01% |
362,400
-121,600
| -25% | -$2.6M |
|
2819
BlackBerry
BB
$5.22B
| $7.98M | ﹤0.01% |
1,693,898
+306,202
| +22% | +$1.5M |
|
2820
Xylem
XYL
$27.9B
| $7.98M | ﹤0.01% |
87,635
-7,602
| -8% | -$784K |
|
2821
PUT
Trip.com Group
TCOM
$28.3B
| $7.97M | ﹤0.01% |
228,000
+39,800
| +21% | +$1.5M |
|
2822
MarketAxess Holdings
MKTX
$5.72B
| $7.97M | ﹤0.01% |
37,314
+23,001
| +161% | +$5.57M |
|
2823
Wingstop
WING
$3.44B
| $7.97M | ﹤0.01% |
44,307
-45,145
| -50% | -$7.8M |
|
2824
CALL
Organon & Co
OGN
$3.6B
| $7.96M | ﹤0.01% |
458,300
+217,600
| +90% | +$4.54M |
|
2825
Dimensional Emerging Markets Core Equity 2 ETF
DFEM
$9.35B
| $7.95M | ﹤0.01% |
341,142
+305,398
| +854% | +$7.38M |
|
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.