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 | |
|---|---|---|---|---|---|---|
3051
PUT
CoStar Group
CSGP
$13.1B
| $6.75M | ﹤0.01% |
87,800
-17,600
| -17% | -$1.46M |
|
3052
Quest Diagnostics
DGX
$25.9B
| $6.75M | ﹤0.01% |
55,398
+8,724
| +19% | +$1.16M |
|
3053
Dropbox
DBX
$7.48B
| $6.75M | ﹤0.01% |
247,910
+229,564
| +1,251% | +$6.26M |
|
3054
CALL
iShares Select Dividend ETF
DVY
$24.1B
| $6.73M | ﹤0.01% |
62,500
-128,700
| -67% | -$14.6M |
|
3055
CALL
ATI
ATI
$31.1B
| $6.72M | ﹤0.01% |
163,400
-30,600
| -16% | -$1.36M |
|
3056
PUT
Trex
TREX
$5.06B
| $6.72M | ﹤0.01% |
109,100
+91,200
| +509% | +$6.26M |
|
3057
Acadia Pharmaceuticals
ACAD
$4.87B
| $6.72M | ﹤0.01% |
322,380
+263,917
| +451% | +$7.17M |
|
3058
Coty
COTY
$2.51B
| $6.72M | ﹤0.01% |
612,354
+207,514
| +51% | +$2.45M |
|
3059
Ryman Hospitality Properties
RHP
$7.92B
| $6.71M | ﹤0.01% |
80,595
+29,064
| +56% | +$2.57M |
|
3060
Revolution Medicines
RVMD
$43.7B
| $6.71M | ﹤0.01% |
242,472
+52,552
| +28% | +$1.56M |
|
3061
Applied Optoelectronics
AAOI
$12.7B
| $6.71M | ﹤0.01% |
611,771
+281,821
| +85% | +$2.99M |
|
3062
PureCycle Technologies
PCT
$1.4B
| $6.71M | ﹤0.01% |
1,196,075
-386,661
| -24% | -$3.63M |
|
3063
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $6.71M | ﹤0.01% |
49,500
+16,100
| +48% | +$2.31M |
|
3064
PUT
XPO
XPO
$24.7B
| $6.7M | ﹤0.01% |
89,700
+5,700
| +7% | +$393K |
|
3065
PUT
Emcor
EME
$36.9B
| $6.69M | ﹤0.01% |
31,800
+25,000
| +368% | +$5.23M |
|
3066
Hamilton Lane
HLNE
$5.74B
| $6.69M | ﹤0.01% |
73,955
-36,928
| -33% | -$3.29M |
|
|
3067
PUT
Dropbox
DBX
$7.48B
| $6.68M | ﹤0.01% |
245,400
-220,000
| -47% | -$6M |
|
3068
CALL
Vanguard Total World Stock ETF
VT
$81.8B
| $6.68M | ﹤0.01% |
71,700
-128,100
| -64% | -$12.4M |
|
3069
StoneCo
STNE
$2.32B
| $6.68M | ﹤0.01% |
625,917
+390,795
| +166% | +$4.81M |
|
3070
CALL
Direxion Daily TSLA Bear 1X ETF
TSLS
$73.4M
| $6.68M | ﹤0.01% |
+34,300
| New | +$6.73M |
|
3071
CALL
BRC Group Holdings
RILY
$299M
| $6.67M | ﹤0.01% |
162,800
+22,800
| +16% | +$1.12M |
|
3072
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $6.67M | ﹤0.01% |
150,600
+8,600
| +6% | +$404K |
|
3073
CALL
Entergy
ETR
$50.3B
| $6.66M | ﹤0.01% |
144,000
+4,200
| +3% | +$205K |
|
3074
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $6.65M | ﹤0.01% |
92,900
+49,400
| +114% | +$3.72M |
|
|
PPL
3075
PUT
PPL Corp
PPL
$27.1B
| $6.65M | ﹤0.01% |
282,200
-165,500
| -37% | -$4.28M |
|
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.