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 | |
|---|---|---|---|---|---|---|
2826
PUT
DHT Holdings
DHT
$3.15B
| $7.95M | ﹤0.01% |
771,800
+70,600
| +10% | +$661K |
|
|
SWAV
2827
PUT
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $7.94M | ﹤0.01% |
39,900
-80,700
| -67% | -$19.1M |
|
|
SBOW
2828
PUT
DELISTED
SilverBow Resources, Inc.
SBOW
| $7.94M | ﹤0.01% |
222,000
+102,800
| +86% | +$3.75M |
|
2829
CALL
Symbotic
SYM
$5.55B
| $7.94M | ﹤0.01% |
237,500
+12,100
| +5% | +$498K |
|
2830
CALL
Fomento Económico Mexicano
FMX
$40.3B
| $7.94M | ﹤0.01% |
72,700
+51,100
| +237% | +$5.67M |
|
2831
Goldman Sachs ActiveBeta Emerging Markets Equity ETF
GEM
$1.74B
| $7.93M | ﹤0.01% |
+276,800
| New | +$8.27M |
|
2832
CALL
Madison Square Garden
MSGS
$9.8B
| $7.93M | ﹤0.01% |
45,000
-8,900
| -17% | -$1.67M |
|
2833
CALL
Fabrinet
FN
$20.4B
| $7.91M | ﹤0.01% |
47,500
+20,300
| +75% | +$2.81M |
|
2834
Nexstar Media Group
NXST
$5.84B
| $7.91M | ﹤0.01% |
55,202
+34,064
| +161% | +$5.53M |
|
2835
CALL
Mohawk Industries
MHK
$9.49B
| $7.89M | ﹤0.01% |
92,000
+43,300
| +89% | +$4.36M |
|
2836
Labcorp
LH
$25.8B
| $7.89M | ﹤0.01% |
39,263
+8,486
| +28% | +$1.79M |
|
2837
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $7.88M | ﹤0.01% |
166,708
-191,684
| -53% | -$9.06M |
|
2838
CALL
Maplebear
CART
$11.3B
| $7.87M | ﹤0.01% |
+265,000
| New | +$8.03M |
|
2839
PUT
nCino
NCNO
$2.28B
| $7.86M | ﹤0.01% |
247,300
+186,300
| +305% | +$5.75M |
|
2840
Norwegian Cruise Line
NCLH
$8.73B
| $7.86M | ﹤0.01% |
477,049
-358,412
| -43% | -$6.61M |
|
2841
Plains All American Pipeline
PAA
$16.9B
| $7.86M | ﹤0.01% |
512,784
-12,866
| -2% | -$193K |
|
2842
EPAM Systems
EPAM
$5.18B
| $7.85M | ﹤0.01% |
30,715
+15,973
| +108% | +$3.95M |
|
2843
CALL
FTAI Aviation
FTAI
$22.3B
| $7.85M | ﹤0.01% |
220,900
-37,800
| -15% | -$1.3M |
|
2844
Williams-Sonoma
WSM
$28.4B
| $7.85M | ﹤0.01% |
101,048
-105,846
| -51% | -$7.29M |
|
2845
PUT
ProShares UltraShort Dow 30
DXD
$42.7M
| $7.85M | ﹤0.01% |
183,500
+170,500
| +1,312% | +$6.81M |
|
2846
iShares Russell Top 200 Growth ETF
IWY
$16.7B
| $7.85M | ﹤0.01% |
51,018
+3,929
| +8% | +$627K |
|
2847
Gold Fields
GFI
$36B
| $7.84M | ﹤0.01% |
722,192
-449,254
| -38% | -$5.92M |
|
2848
Packaging Corp of America
PKG
$22.8B
| $7.84M | ﹤0.01% |
51,057
+9,366
| +22% | +$1.37M |
|
|
IRBT
2849
PUT
DELISTED
iRobot
IRBT
| $7.83M | ﹤0.01% |
206,500
-165,100
| -44% | -$6.63M |
|
2850
iShares JPMorgan EM Local Currency Bond ETF
LEMB
$723M
| $7.83M | ﹤0.01% |
+224,691
| New | +$8.2M |
|
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.