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 | |
|---|---|---|---|---|---|---|
3701
Immunovant
IMVT
$8.64B
| $4.47M | ﹤0.01% |
116,336
+98,521
| +553% | +$2.23M |
|
3702
Acadia Healthcare
ACHC
$2.87B
| $4.47M | ﹤0.01% |
63,513
+21,716
| +52% | +$1.62M |
|
3703
Grab
GRAB
$14.8B
| $4.47M | ﹤0.01% |
1,261,416
+80,695
| +7% | +$288K |
|
3704
CALL
Innoviz Technologies
INVZ
$107M
| $4.46M | ﹤0.01% |
2,287,900
+1,729,700
| +310% | +$4.65M |
|
3705
CALL
Emcor
EME
$36.9B
| $4.46M | ﹤0.01% |
21,200
+4,600
| +28% | +$962K |
|
|
BLD
3706
PUT
DELISTED
TopBuild
BLD
| $4.45M | ﹤0.01% |
17,700
+10,200
| +136% | +$2.81M |
|
3707
CALL
Progyny
PGNY
$2.02B
| $4.45M | ﹤0.01% |
130,800
+69,600
| +114% | +$2.63M |
|
3708
CALL
Allegion
ALLE
$14B
| $4.45M | ﹤0.01% |
+42,700
| New | +$4.81M |
|
3709
PUT
Ardmore Shipping
ASC
$719M
| $4.45M | ﹤0.01% |
341,800
+189,000
| +124% | +$2.43M |
|
3710
PUT
Invesco Mortgage Capital
IVR
$805M
| $4.45M | ﹤0.01% |
444,100
-90,200
| -17% | -$997K |
|
3711
PUT
iShares MBS ETF
MBB
$39.1B
| $4.44M | ﹤0.01% |
50,000
+7,900
| +19% | +$722K |
|
3712
iShares Treasury Floating Rate Bond ETF
TFLO
$6.72B
| $4.44M | ﹤0.01% |
+87,424
| New | +$4.42M |
|
|
AD
3713
PUT
Array Digital Infrastructure
AD
$3.11B
| $4.43M | ﹤0.01% |
+103,200
| New | +$3.34M |
|
|
FAZ
3714
Direxion Daily Financial Bear 3x ETF
FAZ
$84.6M
| $4.43M | ﹤0.01% |
22,156
+17,757
| +404% | +$3.19M |
|
3715
CALL
Equity Residential
EQR
$24.7B
| $4.43M | ﹤0.01% |
75,400
+15,600
| +26% | +$1.01M |
|
3716
Enovix
ENVX
$963M
| $4.42M | ﹤0.01% |
402,859
+122,312
| +44% | +$1.75M |
|
3717
CALL
ICICI Bank
IBN
$107B
| $4.42M | ﹤0.01% |
191,300
+31,500
| +20% | +$741K |
|
3718
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $4.42M | ﹤0.01% |
+84,936
| New | +$4.66M |
|
3719
Sprott Physical Gold and Silver Trust
CEF
$8.23B
| $4.41M | ﹤0.01% |
+254,691
| New | +$4.63M |
|
3720
Baytex Energy
BTE
$3.06B
| $4.41M | ﹤0.01% |
999,731
-158,648
| -14% | -$623K |
|
|
NARI
3721
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $4.41M | ﹤0.01% |
67,400
-6,300
| -9% | -$396K |
|
3722
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $4.41M | ﹤0.01% |
83,928
+75,091
| +850% | +$4.1M |
|
3723
CALL
Applied Optoelectronics
AAOI
$12.7B
| $4.4M | ﹤0.01% |
401,500
+329,600
| +458% | +$3.5M |
|
3724
Lamar Advertising Co
LAMR
$15.8B
| $4.4M | ﹤0.01% |
52,727
+42,603
| +421% | +$3.91M |
|
3725
CALL
Energizer
ENR
$1.56B
| $4.4M | ﹤0.01% |
137,200
+55,000
| +67% | +$1.88M |
|
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.