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 | |
|---|---|---|---|---|---|---|
2926
PUT
Papa John's
PZZA
$799M
| $7.39M | ﹤0.01% |
108,300
-961,200
| -90% | -$74.3M |
|
2927
State Street SPDR Portfolio Intermediate Term Treasury ETF
SPTI
$10.6B
| $7.39M | ﹤0.01% |
268,358
+227,269
| +553% | +$6.35M |
|
2928
CALL
Triumph Financial Inc
TFIN
$1.87B
| $7.39M | ﹤0.01% |
114,000
+69,900
| +159% | +$4.61M |
|
2929
CALL
US Foods
USFD
$23.6B
| $7.38M | ﹤0.01% |
186,000
+65,700
| +55% | +$2.72M |
|
|
2930
US Foods
USFD
$23.6B
| $7.38M | ﹤0.01% |
185,960
-42,443
| -19% | -$1.76M |
|
2931
Atkore
ATKR
$3.17B
| $7.38M | ﹤0.01% |
49,453
+15,944
| +48% | +$2.41M |
|
2932
PUT
Danaos Corp
DAC
$2.58B
| $7.38M | ﹤0.01% |
111,400
+31,000
| +39% | +$2.08M |
|
2933
PUT
Textron
TXT
$15.3B
| $7.38M | ﹤0.01% |
94,400
+24,200
| +34% | +$1.8M |
|
2934
PUT
A.O. Smith
AOS
$8.45B
| $7.37M | ﹤0.01% |
111,400
+49,600
| +80% | +$3.52M |
|
2935
PUT
iRhythm Holdings
IRTC
$4.17B
| $7.35M | ﹤0.01% |
78,000
+15,700
| +25% | +$1.6M |
|
|
HOLX
2936
DELISTED
Hologic
HOLX
| $7.34M | ﹤0.01% |
105,824
-5,710
| -5% | -$432K |
|
2937
CALL
TechnipFMC
FTI
$30.8B
| $7.34M | ﹤0.01% |
361,000
+140,500
| +64% | +$2.65M |
|
2938
CALL
Kyndryl
KD
$2.87B
| $7.33M | ﹤0.01% |
485,300
+133,700
| +38% | +$1.98M |
|
2939
CALL
United States Brent Oil Fund
BNO
$785M
| $7.33M | ﹤0.01% |
228,500
+46,400
| +25% | +$1.36M |
|
2940
Range Resources
RRC
$9.42B
| $7.32M | ﹤0.01% |
225,993
+24,769
| +12% | +$775K |
|
2941
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $7.32M | ﹤0.01% |
95,627
+29,926
| +46% | +$2.43M |
|
2942
PUT
Rapid7
RPD
$876M
| $7.32M | ﹤0.01% |
159,900
+65,400
| +69% | +$3.02M |
|
2943
Celestica
CLS
$42.3B
| $7.31M | ﹤0.01% |
+297,969
| New | +$6.1M |
|
2944
CALL
Magna International
MGA
$18.8B
| $7.3M | ﹤0.01% |
136,200
+27,200
| +25% | +$1.58M |
|
2945
CALL
Scotiabank
BNS
$112B
| $7.29M | ﹤0.01% |
159,900
-157,200
| -50% | -$7.53M |
|
2946
PUT
Extreme Networks
EXTR
$3.2B
| $7.27M | ﹤0.01% |
300,400
+216,000
| +256% | +$5.84M |
|
2947
PUT
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $7.27M | ﹤0.01% |
132,500
+41,700
| +46% | +$3.03M |
|
2948
CALL
Replimune Group
REPL
$1.4B
| $7.25M | ﹤0.01% |
423,600
+401,900
| +1,852% | +$7.89M |
|
2949
PUT
MarineMax
HZO
$1.15B
| $7.25M | ﹤0.01% |
220,800
-56,500
| -20% | -$1.96M |
|
2950
CALL
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $7.25M | ﹤0.01% |
153,700
+26,700
| +21% | +$1.32M |
|
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.