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 | |
|---|---|---|---|---|---|---|
4076
PUT
Leonardo DRS
DRS
$12.2B
| $3.51M | ﹤0.01% |
210,200
+90,200
| +75% | +$1.52M |
|
4077
PVH
PVH
$3.8B
| $3.51M | ﹤0.01% |
45,880
+30,279
| +194% | +$2.5M |
|
4078
CALL
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $3.51M | ﹤0.01% |
52,900
+6,000
| +13% | +$457K |
|
|
LTC
4079
CALL
LTC Properties
LTC
$2.17B
| $3.51M | ﹤0.01% |
109,200
+17,600
| +19% | +$581K |
|
4080
PUT
Elanco Animal Health
ELAN
$11.8B
| $3.51M | ﹤0.01% |
312,100
-37,600
| -11% | -$437K |
|
4081
United Parks & Resorts
PRKS
$2.04B
| $3.51M | ﹤0.01% |
75,848
+36,252
| +92% | +$1.84M |
|
4082
PUT
Middleby
MIDD
$5.33B
| $3.51M | ﹤0.01% |
27,400
-8,900
| -25% | -$1.26M |
|
|
TELL
4083
DELISTED
Tellurian Inc.
TELL
| $3.51M | ﹤0.01% |
3,021,555
-1,325,923
| -30% | -$1.8M |
|
4084
Teleflex
TFX
$5.81B
| $3.5M | ﹤0.01% |
17,799
+6,383
| +56% | +$1.45M |
|
4085
Wayfair
W
$13.9B
| $3.49M | ﹤0.01% |
57,653
-156,717
| -73% | -$10.9M |
|
4086
PUT
Cooper-Standard Automotive
CPS
$506M
| $3.49M | ﹤0.01% |
259,900
+138,600
| +114% | +$2.2M |
|
4087
Dimensional Emerging Markets Value ETF
DFEV
$2.1B
| $3.49M | ﹤0.01% |
+147,260
| New | +$3.62M |
|
4088
Franklin FTSE Japan Hedged ETF
FLJH
$207M
| $3.49M | ﹤0.01% |
+110,324
| New | +$3.42M |
|
4089
VictoryShares Emerging Markets Value Momentum ETF
UEVM
$250M
| $3.48M | ﹤0.01% |
84,105
-2,163
| -3% | -$91.7K |
|
4090
CALL
AMN Healthcare
AMN
$1.34B
| $3.48M | ﹤0.01% |
40,900
-46,400
| -53% | -$4.4M |
|
4091
Enbridge
ENB
$111B
| $3.48M | ﹤0.01% |
104,797
+93,416
| +821% | +$3.32M |
|
4092
CALL
Medifast
MED
$128M
| $3.47M | ﹤0.01% |
46,400
+3,300
| +8% | +$293K |
|
4093
PUT
Galicia Financial Group
GGAL
$6.97B
| $3.47M | ﹤0.01% |
266,100
+62,400
| +31% | +$1.02M |
|
|
ONC
4094
PUT
BeOne Medicines Ltd
ONC
$39.3B
| $3.47M | ﹤0.01% |
19,300
-25,100
| -57% | -$4.97M |
|
|
COOP
4095
DELISTED
Mr. Cooper
COOP
| $3.47M | ﹤0.01% |
64,745
+4,003
| +7% | +$220K |
|
4096
CALL
Flywire
FLYW
$2.29B
| $3.47M | ﹤0.01% |
108,700
+48,800
| +81% | +$1.56M |
|
4097
PUT
Main Street Capital
MAIN
$5.5B
| $3.47M | ﹤0.01% |
85,300
+12,600
| +17% | +$514K |
|
4098
PUT
Centrus Energy
LEU
$3.79B
| $3.46M | ﹤0.01% |
61,000
-2,900
| -5% | -$125K |
|
4099
PUT
Celldex Therapeutics
CLDX
$3.29B
| $3.46M | ﹤0.01% |
125,800
+61,400
| +95% | +$1.92M |
|
4100
CALL
Modine Manufacturing
MOD
$11.1B
| $3.46M | ﹤0.01% |
75,600
+56,200
| +290% | +$2.36M |
|
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.