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 | |
|---|---|---|---|---|---|---|
3576
PUT
Plains GP Holdings
PAGP
$5.11B
| $4.77M | ﹤0.01% |
296,100
-464,700
| -61% | -$7.31M |
|
3577
Shake Shack
SHAK
$3.02B
| $4.77M | ﹤0.01% |
82,181
+7,074
| +9% | +$503K |
|
3578
Deutsche Bank
DB
$72.5B
| $4.77M | ﹤0.01% |
434,086
-94,159
| -18% | -$1.02M |
|
3579
Remitly
RELY
$5.54B
| $4.77M | ﹤0.01% |
189,136
-14,228
| -7% | -$321K |
|
|
NNDM
3580
CALL
Nano Dimension
NNDM
$344M
| $4.77M | ﹤0.01% |
1,753,400
+269,700
| +18% | +$783K |
|
3581
CALL
Paysafe
PSFE
$340M
| $4.77M | ﹤0.01% |
397,700
+126,400
| +47% | +$1.54M |
|
3582
PUT
Royal Gold
RGLD
$19.5B
| $4.76M | ﹤0.01% |
44,800
-83,500
| -65% | -$9.49M |
|
3583
Schneider National
SNDR
$6.33B
| $4.76M | ﹤0.01% |
172,024
+133,870
| +351% | +$3.9M |
|
3584
CALL
Manulife Financial
MFC
$73.8B
| $4.76M | ﹤0.01% |
260,300
-101,100
| -28% | -$1.91M |
|
3585
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $4.75M | ﹤0.01% |
24,274
+12,768
| +111% | +$2.6M |
|
3586
PUT
Immersion
IMMR
$249M
| $4.75M | ﹤0.01% |
718,300
+530,300
| +282% | +$3.7M |
|
3587
PUT
Sprouts Farmers Market
SFM
$7.69B
| $4.75M | ﹤0.01% |
110,900
-96,700
| -47% | -$3.79M |
|
3588
PUT
PureCycle Technologies
PCT
$1.4B
| $4.75M | ﹤0.01% |
845,900
+517,200
| +157% | +$4.85M |
|
3589
PUT
Natera
NTRA
$44.7B
| $4.74M | ﹤0.01% |
107,100
-1,700
| -2% | -$86.7K |
|
3590
CALL
Kornit Digital
KRNT
$775M
| $4.74M | ﹤0.01% |
250,500
-90,200
| -26% | -$2.22M |
|
3591
Morningstar
MORN
$7.78B
| $4.73M | ﹤0.01% |
20,208
+7,518
| +59% | +$1.7M |
|
3592
Euronet Worldwide
EEFT
$2.74B
| $4.73M | ﹤0.01% |
59,592
+46,780
| +365% | +$4.35M |
|
3593
Liberty Media Series A
FWONA
$23.9B
| $4.72M | ﹤0.01% |
83,549
-5,325
| -6% | -$325K |
|
3594
Aurinia Pharmaceuticals
AUPH
$2.06B
| $4.72M | ﹤0.01% |
607,896
-196,590
| -24% | -$1.92M |
|
3595
Cedar Fair
FUN
$1.68B
| $4.72M | ﹤0.01% |
127,471
+99,829
| +361% | +$3.89M |
|
3596
PUT
Revvity
RVTY
$13B
| $4.72M | ﹤0.01% |
42,600
+13,000
| +44% | +$1.53M |
|
|
CSW
3597
CSW Industrials
CSW
$5.62B
| $4.71M | ﹤0.01% |
26,900
+14,400
| +115% | +$2.55M |
|
3598
iShares Global Consumer Staples ETF
KXI
$1.07B
| $4.71M | ﹤0.01% |
82,589
-3,304
| -4% | -$199K |
|
3599
CALL
Energy Fuels
UUUU
$3.77B
| $4.71M | ﹤0.01% |
573,200
+167,300
| +41% | +$1.15M |
|
3600
PUT
Freedom Holding
FRHC
$9.34B
| $4.71M | ﹤0.01% |
55,600
-4,000
| -7% | -$339K |
|
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.