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 | |
|---|---|---|---|---|---|---|
4176
First Trust Indxx NextG ETF
NXTG
$576M
| $3.3M | ﹤0.01% |
48,650
+30,919
| +174% | +$2.18M |
|
4177
PUT
ProShares UltraPro Short S&P 500
SPXU
$380M
| $3.3M | ﹤0.01% |
13,800
-10,225
| -43% | -$2.19M |
|
4178
Vanguard Dividend Appreciation ETF
VIG
$114B
| $3.3M | ﹤0.01% |
21,215
-46,006
| -68% | -$7.46M |
|
4179
iShares Short-Term National Muni Bond ETF
SUB
$11.4B
| $3.3M | ﹤0.01% |
32,045
+25,166
| +366% | +$2.61M |
|
4180
Allegiant Air
ALGT
$2.34B
| $3.29M | ﹤0.01% |
42,853
-29,104
| -40% | -$2.99M |
|
4181
TC Energy
TRP
$66.7B
| $3.29M | ﹤0.01% |
95,718
+24,743
| +35% | +$911K |
|
4182
DXC Technology
DXC
$1.72B
| $3.29M | ﹤0.01% |
157,996
+60,894
| +63% | +$1.4M |
|
4183
PUT
Blackbaud
BLKB
$2.05B
| $3.29M | ﹤0.01% |
46,800
+30,500
| +187% | +$2.25M |
|
4184
Cushman & Wakefield Ltd
CWK
$3.38B
| $3.29M | ﹤0.01% |
431,852
+379,037
| +718% | +$3.43M |
|
4185
PUT
Weyerhaeuser
WY
$17.7B
| $3.29M | ﹤0.01% |
107,300
+3,500
| +3% | +$115K |
|
4186
HealthEquity
HQY
$8.76B
| $3.29M | ﹤0.01% |
45,023
-17,772
| -28% | -$1.2M |
|
4187
PUT
Amylyx Pharmaceuticals
AMLX
$2.41B
| $3.29M | ﹤0.01% |
179,500
+94,900
| +112% | +$2.01M |
|
4188
iShares Core S&P US Growth ETF
IUSG
$33.9B
| $3.28M | ﹤0.01% |
34,592
+27,136
| +364% | +$2.66M |
|
|
AVDL
4189
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $3.28M | ﹤0.01% |
318,400
-93,100
| -23% | -$1.25M |
|
4190
CALL
Protagonist Therapeutics
PTGX
$10B
| $3.28M | ﹤0.01% |
196,600
-197,600
| -50% | -$3.83M |
|
4191
Rogers Corp
ROG
$2.55B
| $3.27M | ﹤0.01% |
24,903
+13,562
| +120% | +$2.02M |
|
4192
CALL
Mid-America Apartment Communities
MAA
$15.5B
| $3.27M | ﹤0.01% |
25,400
-3,600
| -12% | -$520K |
|
4193
PUT
Navios Maritime Partners
NMM
$2.33B
| $3.27M | ﹤0.01% |
141,200
-81,500
| -37% | -$1.86M |
|
4194
CALL
Vanguard Total Bond Market
BND
$161B
| $3.27M | ﹤0.01% |
46,800
-19,500
| -29% | -$1.39M |
|
4195
PUT
TD Synnex
SNX
$20.7B
| $3.27M | ﹤0.01% |
32,700
+17,800
| +119% | +$1.76M |
|
4196
CALL
SBA Communications
SBAC
$19.6B
| $3.26M | ﹤0.01% |
16,300
-42,600
| -72% | -$9.48M |
|
4197
Meritage Homes
MTH
$4.76B
| $3.26M | ﹤0.01% |
53,308
-39,404
| -43% | -$2.71M |
|
4198
Archer Aviation
ACHR
$5.1B
| $3.26M | ﹤0.01% |
644,183
+324,973
| +102% | +$1.86M |
|
4199
Corcept Therapeutics
CORT
$12.4B
| $3.26M | ﹤0.01% |
119,504
+51,718
| +76% | +$1.5M |
|
4200
PUT
CNX Resources
CNX
$5.28B
| $3.25M | ﹤0.01% |
144,100
-23,300
| -14% | -$483K |
|
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.