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 | |
|---|---|---|---|---|---|---|
3001
CALL
Lightspeed Commerce
LSPD
$1.38B
| $6.96M | ﹤0.01% |
495,800
-174,300
| -26% | -$2.82M |
|
|
ETNB
3002
PUT
DELISTED
89bio
ETNB
| $6.95M | ﹤0.01% |
450,400
-48,000
| -10% | -$806K |
|
|
SRC
3003
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $6.95M | ﹤0.01% |
+207,244
| New | +$7.98M |
|
3004
CALL
Amphenol
APH
$206B
| $6.94M | ﹤0.01% |
165,200
-44,000
| -21% | -$1.89M |
|
3005
CALL
Dorchester Minerals
DMLP
$1.36B
| $6.94M | ﹤0.01% |
238,800
+47,400
| +25% | +$1.41M |
|
3006
Dover
DOV
$27.9B
| $6.94M | ﹤0.01% |
49,722
+7,808
| +19% | +$1.13M |
|
3007
CALL
Brinker International
EAT
$10.2B
| $6.93M | ﹤0.01% |
219,400
+20,600
| +10% | +$721K |
|
|
SAGE
3008
CALL
DELISTED
Sage Therapeutics
SAGE
| $6.93M | ﹤0.01% |
336,700
+179,700
| +114% | +$5.19M |
|
3009
PUT
Packaging Corp of America
PKG
$22.8B
| $6.93M | ﹤0.01% |
45,100
+14,100
| +45% | +$2.06M |
|
|
FTCH
3010
CALL
DELISTED
Farfetch Limited Class A Ordinary Shares
FTCH
| $6.92M | ﹤0.01% |
3,310,800
+2,516,900
| +317% | +$10.3M |
|
3011
CALL
East-West Bancorp
EWBC
$18.7B
| $6.92M | ﹤0.01% |
131,200
-78,700
| -37% | -$4.42M |
|
3012
CALL
Box
BOX
$4.52B
| $6.91M | ﹤0.01% |
285,500
+35,800
| +14% | +$1.02M |
|
3013
DT Midstream
DTM
$14B
| $6.9M | ﹤0.01% |
+130,351
| New | +$6.8M |
|
3014
iShares MSCI Canada ETF
EWC
$6.56B
| $6.89M | ﹤0.01% |
206,052
+167,714
| +437% | +$5.81M |
|
3015
CALL
Incyte
INCY
$24.4B
| $6.89M | ﹤0.01% |
119,300
-4,400
| -4% | -$277K |
|
3016
CALL
Globus Medical
GMED
$11.5B
| $6.89M | ﹤0.01% |
138,800
-22,700
| -14% | -$1.27M |
|
3017
CALL
Lennox International
LII
$14.6B
| $6.89M | ﹤0.01% |
18,400
+13,500
| +276% | +$4.87M |
|
|
BECN
3018
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $6.89M | ﹤0.01% |
89,264
+48,499
| +119% | +$3.92M |
|
3019
CALL
Hawaiian Electric Industries
HE
$2.03B
| $6.88M | ﹤0.01% |
559,100
+548,400
| +5,125% | +$13.3M |
|
3020
Sweetgreen
SG
$748M
| $6.88M | ﹤0.01% |
585,559
+192,903
| +49% | +$2.69M |
|
3021
Lamb Weston
LW
$7.3B
| $6.88M | ﹤0.01% |
74,398
+3,643
| +5% | +$369K |
|
3022
Rambus
RMBS
$10.9B
| $6.88M | ﹤0.01% |
123,239
-37,670
| -23% | -$2.14M |
|
3023
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $6.88M | ﹤0.01% |
32,100
-10,000
| -24% | -$2.27M |
|
3024
Regency Centers
REG
$14B
| $6.87M | ﹤0.01% |
115,633
+63,474
| +122% | +$4.01M |
|
3025
Host Hotels & Resorts
HST
$15.7B
| $6.87M | ﹤0.01% |
427,688
+187,295
| +78% | +$3.12M |
|
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.