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 | |
|---|---|---|---|---|---|---|
3251
Henry Schein
HSIC
$10B
| $5.87M | ﹤0.01% |
79,078
+13,885
| +21% | +$1.07M |
|
3252
Nasdaq
NDAQ
$54.2B
| $5.86M | ﹤0.01% |
120,658
+21,232
| +21% | +$1.08M |
|
3253
CALL
FerroAtlántica
GSM
$820M
| $5.86M | ﹤0.01% |
1,126,400
+506,800
| +82% | +$2.63M |
|
3254
PUT
Morningstar
MORN
$7.78B
| $5.86M | ﹤0.01% |
25,000
+23,400
| +1,463% | +$5.28M |
|
3255
CALL
Wendy's
WEN
$1.65B
| $5.85M | ﹤0.01% |
286,800
-134,700
| -32% | -$2.81M |
|
3256
PUT
AES
AES
$10.5B
| $5.85M | ﹤0.01% |
384,700
+209,200
| +119% | +$3.98M |
|
3257
CALL
Axos Financial
AX
$5.8B
| $5.84M | ﹤0.01% |
154,300
+100,200
| +185% | +$4.24M |
|
3258
Hertz
HTZ
$798M
| $5.84M | ﹤0.01% |
476,423
+214,463
| +82% | +$3.59M |
|
|
BKDT
3259
DELISTED
Brookdale Senior Living Inc. 7.00% Tangible Equity Units
BKDT
| $5.83M | ﹤0.01% |
100,000
| – | – |
|
3260
Stellantis
STLA
$20.2B
| $5.83M | ﹤0.01% |
304,634
+203,054
| +200% | +$3.8M |
|
|
ETNB
3261
CALL
DELISTED
89bio
ETNB
| $5.83M | ﹤0.01% |
377,400
+314,400
| +499% | +$5.28M |
|
3262
First Trust Enhanced Short Maturity ETF
FTSM
$6.54B
| $5.82M | ﹤0.01% |
97,962
-56,047
| -36% | -$3.34M |
|
3263
Lennox International
LII
$14.6B
| $5.82M | ﹤0.01% |
15,540
+8,485
| +120% | +$3.06M |
|
3264
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $5.82M | ﹤0.01% |
+76,566
| New | +$5.96M |
|
3265
CALL
ProShares Ultra Semiconductors
USD
$2.96B
| $5.82M | ﹤0.01% |
604,000
+3,200
| +0.5% | +$33.9K |
|
3266
CALL
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $5.79M | ﹤0.01% |
127,500
-30,800
| -19% | -$1.41M |
|
3267
CALL
Gen Digital
GEN
$17B
| $5.79M | ﹤0.01% |
327,500
-218,200
| -40% | -$4.26M |
|
3268
PUT
Snap-on
SNA
$20.9B
| $5.79M | ﹤0.01% |
22,700
+7,600
| +50% | +$2.05M |
|
3269
CALL
Teradata
TDC
$2.57B
| $5.79M | ﹤0.01% |
128,600
-15,100
| -11% | -$739K |
|
3270
PUT
Biohaven
BHVN
$2.21B
| $5.78M | ﹤0.01% |
222,400
-118,500
| -35% | -$2.46M |
|
3271
PUT
Invitation Homes
INVH
$18B
| $5.78M | ﹤0.01% |
182,500
+115,100
| +171% | +$3.95M |
|
3272
JPMorgan US Quality Factor ETF
JQUA
$8.63B
| $5.77M | ﹤0.01% |
133,294
+85,104
| +177% | +$3.8M |
|
3273
CALL
Rapid7
RPD
$876M
| $5.76M | ﹤0.01% |
125,800
-88,400
| -41% | -$4.08M |
|
3274
CALL
Nordic American Tanker
NAT
$1.42B
| $5.76M | ﹤0.01% |
1,397,500
+395,700
| +39% | +$1.58M |
|
3275
PUT
Acuity Brands
AYI
$10.7B
| $5.76M | ﹤0.01% |
33,800
-10,500
| -24% | -$1.71M |
|
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.