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 | |
|---|---|---|---|---|---|---|
|
AMED
3376
PUT
DELISTED
Amedisys
AMED
| $5.35M | ﹤0.01% |
57,300
+100
| +0.2% | +$9.24K |
|
3377
PUT
Ascendis Pharma A/S
ASND
$16.3B
| $5.34M | ﹤0.01% |
57,000
-43,800
| -43% | -$4.1M |
|
3378
PUT
Cracker Barrel
CBRL
$1.29B
| $5.34M | ﹤0.01% |
79,400
-800
| -1% | -$67.2K |
|
3379
CALL
Franklin Resources
BEN
$17.2B
| $5.33M | ﹤0.01% |
217,000
-9,500
| -4% | -$257K |
|
3380
PUT
Iovance Biotherapeutics
IOVA
$3.16B
| $5.33M | ﹤0.01% |
1,171,500
+877,200
| +298% | +$5.73M |
|
3381
PUT
Regal Rexnord
RRX
$11.7B
| $5.33M | ﹤0.01% |
37,300
+32,000
| +604% | +$4.92M |
|
3382
Danaos Corp
DAC
$2.58B
| $5.33M | ﹤0.01% |
80,464
-49,506
| -38% | -$3.33M |
|
3383
PUT
Portillo's
PTLO
$374M
| $5.32M | ﹤0.01% |
345,500
+117,500
| +52% | +$2.29M |
|
3384
Rush Enterprises Class A
RUSHA
$9.6B
| $5.31M | ﹤0.01% |
130,127
+72,633
| +126% | +$3M |
|
3385
CALL
Par Pacific Holdings
PARR
$4.02B
| $5.31M | ﹤0.01% |
147,800
+38,500
| +35% | +$1.26M |
|
3386
CALL
Golar LNG
GLNG
$5.36B
| $5.31M | ﹤0.01% |
218,900
+12,100
| +6% | +$279K |
|
3387
First Horizon
FHN
$12.4B
| $5.31M | ﹤0.01% |
481,451
+322,451
| +203% | +$3.99M |
|
3388
Deckers Outdoor
DECK
$12.7B
| $5.31M | ﹤0.01% |
61,920
-67,566
| -52% | -$6.05M |
|
3389
PUT
W.P. Carey
WPC
$16.3B
| $5.31M | ﹤0.01% |
100,160
-91,175
| -48% | -$5.84M |
|
3390
Peabody Energy
BTU
$3.11B
| $5.3M | ﹤0.01% |
204,028
-468,635
| -70% | -$10.5M |
|
3391
CALL
Chemed
CHE
$6.96B
| $5.3M | ﹤0.01% |
10,200
+3,800
| +59% | +$1.98M |
|
3392
Ginkgo Bioworks
DNA
$457M
| $5.3M | ﹤0.01% |
73,186
+1,397
| +2% | +$112K |
|
3393
PUT
Kornit Digital
KRNT
$775M
| $5.3M | ﹤0.01% |
280,200
-202,900
| -42% | -$5M |
|
|
DOCU
3394
DocuSign
DOCU
$11.8B
| $5.29M | ﹤0.01% |
126,027
-579,599
| -82% | -$28.4M |
|
3395
PUT
Grab
GRAB
$14.8B
| $5.29M | ﹤0.01% |
1,495,100
+343,700
| +30% | +$1.23M |
|
3396
PUT
Marten Transport
MRTN
$1.24B
| $5.28M | ﹤0.01% |
268,000
+105,600
| +65% | +$2.23M |
|
3397
Flywire
FLYW
$2.29B
| $5.28M | ﹤0.01% |
165,524
+62,114
| +60% | +$1.99M |
|
3398
CALL
Chegg
CHGG
$87.5M
| $5.27M | ﹤0.01% |
591,200
+184,700
| +45% | +$1.8M |
|
3399
PUT
Ionis Pharmaceuticals
IONS
$9.51B
| $5.27M | ﹤0.01% |
116,200
-31,800
| -21% | -$1.31M |
|
3400
CALL
Vanguard Financials ETF
VFH
$14B
| $5.27M | ﹤0.01% |
65,600
+2,000
| +3% | +$167K |
|
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.