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 | |
|---|---|---|---|---|---|---|
2901
Western Midstream Partners
WES
$20.2B
| $7.54M | ﹤0.01% |
276,751
+268,958
| +3,451% | +$7.3M |
|
|
CTLP
2902
DELISTED
Cantaloupe
CTLP
| $7.53M | ﹤0.01% |
1,205,171
-43,016
| -3% | -$316K |
|
2903
Gentex
GNTX
$5.03B
| $7.52M | ﹤0.01% |
231,089
+9,192
| +4% | +$295K |
|
2904
iShares S&P GSCI Commodity-Indexed Trust
GSG
$940M
| $7.52M | ﹤0.01% |
333,953
+253,208
| +314% | +$5.44M |
|
2905
Essex Property Trust
ESS
$18.5B
| $7.52M | ﹤0.01% |
35,436
+1,349
| +4% | +$316K |
|
2906
Clorox
CLX
$12.8B
| $7.5M | ﹤0.01% |
57,226
+12,389
| +28% | +$1.88M |
|
2907
CALL
iShares Core MSCI EAFE ETF
IEFA
$196B
| $7.48M | ﹤0.01% |
116,300
-100
| -0.1% | -$6.7K |
|
2908
Calumet Specialty Products
CLMT
$4.19B
| $7.48M | ﹤0.01% |
391,771
+20,276
| +5% | +$351K |
|
2909
PUT
iShares Core S&P Mid-Cap ETF
IJH
$129B
| $7.48M | ﹤0.01% |
150,000
+101,000
| +206% | +$5.29M |
|
2910
CALL
Stratasys
SSYS
$781M
| $7.48M | ﹤0.01% |
549,600
+329,300
| +149% | +$5.21M |
|
2911
Leidos
LDOS
$18B
| $7.48M | ﹤0.01% |
81,118
+38,150
| +89% | +$3.59M |
|
2912
PUT
SM Energy
SM
$8.03B
| $7.46M | ﹤0.01% |
188,100
-12,800
| -6% | -$485K |
|
|
APRN
2913
PUT
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $7.46M | ﹤0.01% |
578,900
+131,100
| +29% | +$835K |
|
2914
CALL
Joby Aviation
JOBY
$7.83B
| $7.45M | ﹤0.01% |
1,155,700
+98,600
| +9% | +$777K |
|
2915
Olin
OLN
$2.18B
| $7.45M | ﹤0.01% |
148,986
+114,373
| +330% | +$6.17M |
|
2916
Regal Rexnord
RRX
$11.7B
| $7.45M | ﹤0.01% |
52,113
+17,512
| +51% | +$2.7M |
|
2917
VeriSign
VRSN
$25.7B
| $7.44M | ﹤0.01% |
36,730
+5,432
| +17% | +$1.13M |
|
2918
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $7.43M | ﹤0.01% |
131,532
+71,730
| +120% | +$4.23M |
|
2919
CALL
Jack in the Box
JACK
$327M
| $7.42M | ﹤0.01% |
107,500
+38,500
| +56% | +$3.28M |
|
2920
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $7.42M | ﹤0.01% |
98,100
-560,800
| -85% | -$46.8M |
|
2921
PUT
Quest Diagnostics
DGX
$25.9B
| $7.41M | ﹤0.01% |
60,800
+16,100
| +36% | +$2.15M |
|
2922
CALL
PagSeguro Digital
PAGS
$2.4B
| $7.4M | ﹤0.01% |
859,800
-743,300
| -46% | -$6.99M |
|
2923
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $7.4M | ﹤0.01% |
23,880
+2,740
| +13% | +$721K |
|
2924
CALL
Expeditors International
EXPD
$24.2B
| $7.39M | ﹤0.01% |
64,500
+40,100
| +164% | +$4.77M |
|
|
CIVI
2925
PUT
DELISTED
Civitas Resources
CIVI
| $7.39M | ﹤0.01% |
91,400
-88,400
| -49% | -$6.84M |
|
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.