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 | |
|---|---|---|---|---|---|---|
3101
PUT
Exelon
EXC
$47.2B
| $6.47M | ﹤0.01% |
171,100
+40,400
| +31% | +$1.65M |
|
3102
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $6.46M | ﹤0.01% |
58,903
+34,579
| +142% | +$3.99M |
|
3103
Alexandria Real Estate Equities
ARE
$8.28B
| $6.46M | ﹤0.01% |
64,534
+13,710
| +27% | +$1.59M |
|
3104
PUT
Medifast
MED
$128M
| $6.46M | ﹤0.01% |
86,300
+35,300
| +69% | +$3.13M |
|
3105
PUT
Hormel Foods
HRL
$13.5B
| $6.46M | ﹤0.01% |
169,800
-51,300
| -23% | -$2.02M |
|
3106
Madrigal Pharmaceuticals
MDGL
$11.7B
| $6.44M | ﹤0.01% |
44,119
-14,279
| -24% | -$2.69M |
|
3107
CALL
Sturm, Ruger & Co
RGR
$602M
| $6.44M | ﹤0.01% |
123,600
-18,000
| -13% | -$945K |
|
3108
Tyler Technologies
TYL
$13.5B
| $6.44M | ﹤0.01% |
16,683
+1,875
| +13% | +$736K |
|
|
SEE
3109
CALL
DELISTED
Sealed Air
SEE
| $6.44M | ﹤0.01% |
195,900
+49,200
| +34% | +$1.9M |
|
3110
The GEO Group
GEO
$4.11B
| $6.43M | ﹤0.01% |
786,106
+506,566
| +181% | +$3.7M |
|
3111
CALL
CVR Energy
CVI
$3.54B
| $6.43M | ﹤0.01% |
188,900
+69,500
| +58% | +$2.37M |
|
3112
PUT
iShares US Aerospace & Defense ETF
ITA
$15.1B
| $6.42M | ﹤0.01% |
60,600
-210,600
| -78% | -$24M |
|
3113
MP Materials
MP
$10.5B
| $6.42M | ﹤0.01% |
336,205
-221,329
| -40% | -$4.91M |
|
3114
Leggett & Platt
LEG
$1.32B
| $6.42M | ﹤0.01% |
252,705
+179,805
| +247% | +$5.05M |
|
3115
Assurant
AIZ
$13.9B
| $6.42M | ﹤0.01% |
44,707
+21,114
| +89% | +$2.89M |
|
3116
CALL
Tetra Tech
TTEK
$9.35B
| $6.42M | ﹤0.01% |
211,000
+147,500
| +232% | +$4.79M |
|
3117
PUT
Jacobs Solutions
J
$16.9B
| $6.42M | ﹤0.01% |
56,822
+11,365
| +25% | +$1.22M |
|
3118
CALL
ProShares UltraPro Russell2000
URTY
$368M
| $6.41M | ﹤0.01% |
189,600
-218,300
| -54% | -$9M |
|
3119
Insmed
INSM
$27B
| $6.41M | ﹤0.01% |
253,842
-2,463
| -1% | -$56.3K |
|
|
GRMN
3120
CALL
Garmin
GRMN
$59.8B
| $6.41M | ﹤0.01% |
60,900
+34,100
| +127% | +$3.59M |
|
3121
Yum China
YUMC
$16.3B
| $6.4M | ﹤0.01% |
114,826
+95,565
| +496% | +$5.35M |
|
3122
CALL
Opendoor
OPEN
$3.53B
| $6.39M | ﹤0.01% |
2,499,427
+842,994
| +51% | +$3.04M |
|
|
IRBT
3123
DELISTED
iRobot
IRBT
| $6.38M | ﹤0.01% |
168,429
-88,074
| -34% | -$3.54M |
|
3124
Ares Management
ARES
$32.5B
| $6.38M | ﹤0.01% |
62,035
-86,414
| -58% | -$8.74M |
|
3125
iShares Russell 1000 ETF
IWB
$50.4B
| $6.38M | ﹤0.01% |
27,162
+1,066
| +4% | +$261K |
|
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.