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 | |
|---|---|---|---|---|---|---|
3226
CRH
CRH
$64.6B
| $5.94M | ﹤0.01% |
108,473
+92,125
| +564% | +$5.24M |
|
3227
Mercado Libre
MELI
$93.5B
| $5.92M | ﹤0.01% |
4,673
-68,795
| -94% | -$87.5M |
|
3228
PUT
Clean Harbors
CLH
$17B
| $5.92M | ﹤0.01% |
35,400
+20,900
| +144% | +$3.52M |
|
|
HDV
3229
CALL
iShares Core High Dividend ETF
HDV
$15.1B
| $5.92M | ﹤0.01% |
299,500
-248,500
| -45% | -$5.09M |
|
3230
CALL
Global X Silver Miners ETF NEW
SIL
$4.79B
| $5.92M | ﹤0.01% |
247,800
+74,800
| +43% | +$1.94M |
|
|
SAND
3231
DELISTED
Sandstorm Gold
SAND
| $5.92M | ﹤0.01% |
1,270,682
+135,333
| +12% | +$711K |
|
3232
CALL
First Majestic Silver
AG
$9.49B
| $5.92M | ﹤0.01% |
1,154,200
+317,900
| +38% | +$1.89M |
|
3233
Stanley Black & Decker
SWK
$15.4B
| $5.92M | ﹤0.01% |
70,821
+18,536
| +35% | +$1.72M |
|
3234
PUT
Macerich
MAC
$7.01B
| $5.92M | ﹤0.01% |
542,500
+200
| +0% | +$2.39K |
|
3235
PUT
Rollins
ROL
$17.4B
| $5.91M | ﹤0.01% |
158,400
+145,700
| +1,147% | +$5.89M |
|
3236
PUT
ProShares UltraShort Bloomberg Crude Oil
SCO
$594M
| $5.91M | ﹤0.01% |
87,825
+34,950
| +66% | +$2.75M |
|
3237
PUT
UGI
UGI
$7.59B
| $5.91M | ﹤0.01% |
256,900
+164,800
| +179% | +$4.09M |
|
3238
CALL
Immunocore
IMCR
$1.76B
| $5.91M | ﹤0.01% |
113,800
-75,600
| -40% | -$4.47M |
|
3239
LKQ Corp
LKQ
$6.43B
| $5.91M | ﹤0.01% |
119,282
+4,919
| +4% | +$263K |
|
3240
PUT
Starwood Property Trust
STWD
$6.03B
| $5.9M | ﹤0.01% |
305,000
-213,800
| -41% | -$4.34M |
|
3241
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.39B
| $5.89M | ﹤0.01% |
263
-69
| -21% | -$1.39M |
|
3242
CALL
Western Union
WU
$2.32B
| $5.89M | ﹤0.01% |
447,100
-48,800
| -10% | -$598K |
|
3243
Wintrust Financial
WTFC
$11B
| $5.89M | ﹤0.01% |
78,032
-4,341
| -5% | -$342K |
|
3244
Churchill Downs
CHDN
$6.33B
| $5.89M | ﹤0.01% |
50,740
+18,533
| +58% | +$2.29M |
|
3245
CALL
Schwab US Large- Cap ETF
SCHX
$74.9B
| $5.88M | ﹤0.01% |
348,900
-44,700
| -11% | -$784K |
|
3246
PUT
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $5.88M | ﹤0.01% |
106,000
-98,900
| -48% | -$5.91M |
|
|
ETNB
3247
DELISTED
89bio
ETNB
| $5.88M | ﹤0.01% |
381,067
+133,271
| +54% | +$2.24M |
|
3248
PUT
Vanguard Morningstar Growth ETF
VUG
$230B
| $5.88M | ﹤0.01% |
129,600
-67,200
| -34% | -$3.17M |
|
3249
PUT
RenaissanceRe
RNR
$13.4B
| $5.88M | ﹤0.01% |
29,700
-4,800
| -14% | -$923K |
|
3250
CALL
Ciena
CIEN
$60.7B
| $5.87M | ﹤0.01% |
124,300
+62,000
| +100% | +$2.73M |
|
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.