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 | |
|---|---|---|---|---|---|---|
3201
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $6.07M | ﹤0.01% |
68,800
-284,500
| -81% | -$24.3M |
|
3202
Zurn Elkay Water Solutions
ZWS
$8.45B
| $6.07M | ﹤0.01% |
216,614
+81,220
| +60% | +$2.32M |
|
|
SRG
3203
CALL
Seritage Growth Properties
SRG
$128M
| $6.06M | ﹤0.01% |
782,400
+169,000
| +28% | +$1.42M |
|
3204
PUT
Mine Safety
MSA
$7.3B
| $6.05M | ﹤0.01% |
38,400
+34,900
| +997% | +$5.99M |
|
|
NEWR
3205
CALL
DELISTED
New Relic, Inc.
NEWR
| $6.05M | ﹤0.01% |
70,700
-11,500
| -14% | -$927K |
|
3206
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $6.05M | ﹤0.01% |
311,698
-38,442
| -11% | -$757K |
|
3207
CALL
Remitly
RELY
$5.54B
| $6.03M | ﹤0.01% |
239,200
+143,600
| +150% | +$3.24M |
|
3208
CALL
-1x Short VIX Futures ETF
SVIX
$173M
| $6.03M | ﹤0.01% |
216,200
-135,800
| -39% | -$3.93M |
|
|
OPRA
3209
PUT
Opera Ltd
OPRA
$1.82B
| $6.02M | ﹤0.01% |
533,900
+172,900
| +48% | +$2.89M |
|
3210
Sociedad Química y Minera de Chile
SQM
$21.2B
| $6M | ﹤0.01% |
100,565
-34,258
| -25% | -$2.31M |
|
3211
PUT
Mueller Industries
MLI
$14.6B
| $6M | ﹤0.01% |
319,200
+214,400
| +205% | +$4.24M |
|
3212
PUT
Unum
UNM
$14.8B
| $5.99M | ﹤0.01% |
121,800
+45,700
| +60% | +$2.23M |
|
|
ONC
3213
CALL
BeOne Medicines Ltd
ONC
$39.3B
| $5.99M | ﹤0.01% |
33,300
+14,000
| +73% | +$2.77M |
|
3214
CALL
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $5.98M | ﹤0.01% |
45,700
-7,900
| -15% | -$1.09M |
|
|
IMGN
3215
CALL
DELISTED
Immunogen Inc
IMGN
| $5.98M | ﹤0.01% |
376,800
+69,700
| +23% | +$1.16M |
|
3216
iShares 0-3 Month Treasury Bond ETF
SGOV
$101B
| $5.97M | ﹤0.01% |
+59,314
| New | +$5.96M |
|
3217
CALL
Woodward
WWD
$21.9B
| $5.96M | ﹤0.01% |
48,000
+45,300
| +1,678% | +$5.65M |
|
3218
PUT
Penske Automotive Group
PAG
$14.4B
| $5.96M | ﹤0.01% |
35,700
+19,500
| +120% | +$3.26M |
|
3219
Incyte
INCY
$24.4B
| $5.96M | ﹤0.01% |
103,159
+5,852
| +6% | +$369K |
|
|
DISH
3220
PUT
DELISTED
DISH Network Corp.
DISH
| $5.96M | ﹤0.01% |
1,016,900
-794,500
| -44% | -$5.41M |
|
|
DOOR
3221
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $5.95M | ﹤0.01% |
63,860
+31,885
| +100% | +$3.21M |
|
3222
CALL
Nexstar Media Group
NXST
$5.84B
| $5.95M | ﹤0.01% |
41,500
+21,700
| +110% | +$3.52M |
|
3223
CALL
Sprout Social
SPT
$599M
| $5.94M | ﹤0.01% |
119,100
+76,700
| +181% | +$3.85M |
|
3224
CALL
Main Street Capital
MAIN
$5.5B
| $5.94M | ﹤0.01% |
146,200
-122,500
| -46% | -$5M |
|
3225
CALL
Leggett & Platt
LEG
$1.32B
| $5.94M | ﹤0.01% |
233,700
+58,400
| +33% | +$1.64M |
|
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.