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 | |
|---|---|---|---|---|---|---|
3151
VF Corp
VFC
$5.85B
| $6.29M | ﹤0.01% |
356,025
-795,448
| -69% | -$15.1M |
|
3152
PUT
iShares MSCI ACWI ETF
ACWI
$33.6B
| $6.29M | ﹤0.01% |
68,100
-2,000
| -3% | -$192K |
|
3153
e.l.f. Beauty
ELF
$5.4B
| $6.29M | ﹤0.01% |
57,261
+37,448
| +189% | +$4.55M |
|
3154
CALL
Invesco Mortgage Capital
IVR
$805M
| $6.28M | ﹤0.01% |
627,700
+7,600
| +1% | +$84K |
|
3155
Southern Copper
SCCO
$156B
| $6.28M | ﹤0.01% |
91,027
+13,250
| +17% | +$957K |
|
3156
CALL
Vanguard Morningstar Mid-Cap Growth ETF
VOT
$20.3B
| $6.27M | ﹤0.01% |
32,200
+2,500
| +8% | +$510K |
|
3157
CALL
Charles River Laboratories
CRL
$13.4B
| $6.27M | ﹤0.01% |
32,000
-16,800
| -34% | -$3.45M |
|
3158
CALL
Fiverr
FVRR
$324M
| $6.27M | ﹤0.01% |
256,200
+10,300
| +4% | +$290K |
|
3159
iShares MSCI Global Min Vol Factor ETF
ACWV
$3.38B
| $6.26M | ﹤0.01% |
+65,566
| New | +$6.41M |
|
3160
Zillow
ZG
$7.91B
| $6.25M | ﹤0.01% |
139,570
+74,131
| +113% | +$3.72M |
|
3161
PUT
Howard Hughes
HHH
$3.98B
| $6.25M | ﹤0.01% |
88,431
+42,904
| +94% | +$3.24M |
|
3162
CALL
SandRidge Energy
SD
$520M
| $6.25M | ﹤0.01% |
398,900
+3,800
| +1% | +$60.8K |
|
3163
CALL
AppFolio
APPF
$7.23B
| $6.25M | ﹤0.01% |
34,200
+1,600
| +5% | +$290K |
|
3164
PUT
Levi Strauss
LEVI
$8.68B
| $6.25M | ﹤0.01% |
459,900
+121,000
| +36% | +$1.69M |
|
3165
PUT
Service Corp International
SCI
$11.5B
| $6.25M | ﹤0.01% |
109,300
+90,600
| +484% | +$5.72M |
|
3166
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $6.24M | ﹤0.01% |
148,510
+120,944
| +439% | +$5.4M |
|
3167
Atlassian
TEAM
$41.2B
| $6.24M | ﹤0.01% |
30,958
-82,475
| -73% | -$15.7M |
|
3168
CALL
Extra Space Storage
EXR
$31.2B
| $6.24M | ﹤0.01% |
51,300
+24,100
| +89% | +$3.24M |
|
3169
International Paper
IP
$21.6B
| $6.23M | ﹤0.01% |
175,739
+24,267
| +16% | +$825K |
|
3170
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $6.22M | ﹤0.01% |
206,426
-88,712
| -30% | -$2.71M |
|
3171
PUT
Installed Building Products
IBP
$6.39B
| $6.22M | ﹤0.01% |
49,800
-3,900
| -7% | -$551K |
|
3172
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.29B
| $6.22M | ﹤0.01% |
85,500
-29,500
| -26% | -$2.43M |
|
3173
FTAI Aviation
FTAI
$22.3B
| $6.21M | ﹤0.01% |
174,717
+79,746
| +84% | +$2.74M |
|
|
SNV
3174
CALL
DELISTED
Synovus
SNV
| $6.21M | ﹤0.01% |
223,300
-88,300
| -28% | -$2.76M |
|
3175
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $6.2M | ﹤0.01% |
141,800
+85,000
| +150% | +$3.89M |
|
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.