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 | |
|---|---|---|---|---|---|---|
3026
PUT
Mettler-Toledo International
MTD
$28.4B
| $6.87M | ﹤0.01% |
6,200
-2,100
| -25% | -$2.57M |
|
3027
PUT
Northern Oil and Gas
NOG
$2.61B
| $6.87M | ﹤0.01% |
170,700
+24,800
| +17% | +$978K |
|
3028
CALL
Vanguard Health Care ETF
VHT
$18.9B
| $6.86M | ﹤0.01% |
29,200
-7,600
| -21% | -$1.85M |
|
3029
Bilibili
BILI
$7.3B
| $6.86M | ﹤0.01% |
498,365
-99,551
| -17% | -$1.54M |
|
3030
CALL
Essex Property Trust
ESS
$18.5B
| $6.85M | ﹤0.01% |
32,300
+15,200
| +89% | +$3.56M |
|
3031
CALL
GXO Logistics
GXO
$5.59B
| $6.85M | ﹤0.01% |
116,800
+40,400
| +53% | +$2.53M |
|
|
JNPR
3032
CALL
DELISTED
Juniper Networks
JNPR
| $6.84M | ﹤0.01% |
246,200
+28,100
| +13% | +$809K |
|
3033
PUT
CAVA Group
CAVA
$8.69B
| $6.84M | ﹤0.01% |
223,200
+211,800
| +1,858% | +$9.24M |
|
3034
PUT
Chemours
CC
$2.39B
| $6.83M | ﹤0.01% |
243,500
-41,400
| -15% | -$1.42M |
|
3035
Associated Banc-Corp
ASB
$6.11B
| $6.82M | ﹤0.01% |
398,787
+279,507
| +234% | +$4.92M |
|
3036
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $6.82M | ﹤0.01% |
79,048
+28,292
| +56% | +$2.61M |
|
3037
PUT
MarketAxess Holdings
MKTX
$5.72B
| $6.82M | ﹤0.01% |
31,900
+9,500
| +42% | +$2.3M |
|
3038
PUT
Radware
RDWR
$1.23B
| $6.81M | ﹤0.01% |
402,400
+60,800
| +18% | +$1.07M |
|
3039
CALL
LKQ Corp
LKQ
$6.43B
| $6.81M | ﹤0.01% |
137,500
+55,700
| +68% | +$2.98M |
|
3040
CALL
Public Service Enterprise Group
PEG
$37.9B
| $6.8M | ﹤0.01% |
119,400
-39,100
| -25% | -$2.4M |
|
3041
PUT
Hercules Capital
HTGC
$3.13B
| $6.79M | ﹤0.01% |
413,500
-149,500
| -27% | -$2.45M |
|
3042
CALL
Greif
GEF
$4.97B
| $6.79M | ﹤0.01% |
101,600
+9,200
| +10% | +$652K |
|
|
ICPT
3043
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $6.79M | ﹤0.01% |
366,014
+250,071
| +216% | +$2.83M |
|
3044
DigitalBridge
DBRG
$2.94B
| $6.79M | ﹤0.01% |
385,993
-288,405
| -43% | -$4.76M |
|
|
VSXY
3045
Victoria's Secret
VSXY
$7.08B
| $6.78M | ﹤0.01% |
406,647
+43,387
| +12% | +$821K |
|
|
BBBY
3046
Bed Bath & Beyond
BBBY
$415M
| $6.78M | ﹤0.01% |
471,544
-41,459
| -8% | -$1.01M |
|
3047
DigitalOcean
DOCN
$15.3B
| $6.78M | ﹤0.01% |
282,107
+170,010
| +152% | +$6.02M |
|
3048
CALL
Barclays
BCS
$94.7B
| $6.76M | ﹤0.01% |
868,200
+530,400
| +157% | +$4.12M |
|
3049
BlackLine
BL
$1.77B
| $6.75M | ﹤0.01% |
121,742
+74,724
| +159% | +$4.09M |
|
3050
Healthpeak Properties
DOC
$14.3B
| $6.75M | ﹤0.01% |
367,753
+57,004
| +18% | +$1.17M |
|
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.