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 | |
|---|---|---|---|---|---|---|
3801
PUT
ICICI Bank
IBN
$107B
| $4.18M | ﹤0.01% |
180,800
+6,400
| +4% | +$151K |
|
3802
CALL
Sylvamo
SLVM
$1.53B
| $4.18M | ﹤0.01% |
95,100
+26,500
| +39% | +$1.14M |
|
3803
CALL
Insight Enterprises
NSIT
$4.53B
| $4.18M | ﹤0.01% |
28,700
+25,900
| +925% | +$3.86M |
|
3804
PUT
Blue Owl Capital
OWL
$19.1B
| $4.18M | ﹤0.01% |
322,200
+25,900
| +9% | +$309K |
|
3805
PUT
Ardelyx
ARDX
$1.05B
| $4.17M | ﹤0.01% |
1,022,100
+168,800
| +20% | +$658K |
|
3806
PUT
SandRidge Energy
SD
$520M
| $4.17M | ﹤0.01% |
266,100
-84,100
| -24% | -$1.35M |
|
3807
CALL
Old Republic International
ORI
$10.3B
| $4.16M | ﹤0.01% |
154,500
+16,000
| +12% | +$432K |
|
|
XIFR
3808
XPLR Infrastructure LP
XIFR
$1.11B
| $4.16M | ﹤0.01% |
+140,100
| New | +$7.1M |
|
3809
BorgWarner
BWA
$14B
| $4.16M | ﹤0.01% |
103,054
-28,510
| -22% | -$1.21M |
|
3810
Hecla Mining
HL
$12.3B
| $4.16M | ﹤0.01% |
1,063,582
-591,955
| -36% | -$2.84M |
|
3811
PUT
Warner Music
WMG
$13.4B
| $4.16M | ﹤0.01% |
132,400
+17,700
| +15% | +$555K |
|
3812
CALL
Matsons
MATX
$6.5B
| $4.15M | ﹤0.01% |
46,800
+11,800
| +34% | +$1.03M |
|
3813
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $4.15M | ﹤0.01% |
78,900
+6,400
| +9% | +$361K |
|
3814
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $4.15M | ﹤0.01% |
59,200
-20,700
| -26% | -$1.63M |
|
3815
CALL
Principal Financial Group
PFG
$24.4B
| $4.14M | ﹤0.01% |
57,500
+7,600
| +15% | +$590K |
|
3816
Dimensional US Core Equity Market ETF
DFAU
$12.9B
| $4.14M | ﹤0.01% |
138,330
+104,064
| +304% | +$3.24M |
|
3817
CALL
Vipshop
VIPS
$6.81B
| $4.14M | ﹤0.01% |
258,600
-79,700
| -24% | -$1.29M |
|
3818
AerSale
ASLE
$280M
| $4.14M | ﹤0.01% |
277,065
+136,881
| +98% | +$1.97M |
|
|
ABCM
3819
CALL
DELISTED
Abcam PLC
ABCM
| $4.14M | ﹤0.01% |
182,900
+128,400
| +236% | +$2.95M |
|
3820
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $4.14M | ﹤0.01% |
33,645
+20,772
| +161% | +$2.67M |
|
3821
Group 1 Automotive
GPI
$3.15B
| $4.14M | ﹤0.01% |
15,390
+785
| +5% | +$206K |
|
3822
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $4.13M | ﹤0.01% |
59,700
-108,900
| -65% | -$7.94M |
|
3823
PUT
Lamar Advertising Co
LAMR
$15.8B
| $4.13M | ﹤0.01% |
49,500
-1,700
| -3% | -$156K |
|
3824
CALL
Everest Group
EG
$14.2B
| $4.13M | ﹤0.01% |
11,100
-4,400
| -28% | -$1.6M |
|
3825
CALL
CONMED
CNMD
$1.51B
| $4.12M | ﹤0.01% |
40,900
+2,100
| +5% | +$241K |
|
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.