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 | |
|---|---|---|---|---|---|---|
4201
PUT
Camden Property Trust
CPT
$11.1B
| $3.25M | ﹤0.01% |
34,400
+11,800
| +52% | +$1.25M |
|
4202
PUT
Westrock Coffee
WEST
$823M
| $3.25M | ﹤0.01% |
367,100
+273,100
| +291% | +$2.84M |
|
4203
PUT
Ormat Technologies
ORA
$7.06B
| $3.25M | ﹤0.01% |
46,500
+13,800
| +42% | +$1.07M |
|
4204
AMN Healthcare
AMN
$1.34B
| $3.25M | ﹤0.01% |
38,130
-17,827
| -32% | -$1.69M |
|
4205
PUT
Banc of California
BANC
$3.13B
| $3.24M | ﹤0.01% |
262,100
+207,100
| +377% | +$2.64M |
|
4206
CALL
SkinHealth Systems
SKIN
$86.8M
| $3.24M | ﹤0.01% |
538,900
+388,500
| +258% | +$2.73M |
|
|
ASRT
4207
CALL
DELISTED
Assertio
ASRT
| $3.24M | ﹤0.01% |
84,400
+30,473
| +57% | +$1.78M |
|
4208
CALL
Agilon Health
AGL
$1.63B
| $3.24M | ﹤0.01% |
7,296
-2,884
| -28% | -$1.3M |
|
4209
PUT
National Grid
NGG
$81.5B
| $3.24M | ﹤0.01% |
56,667
+15,175
| +37% | +$917K |
|
4210
PUT
HighPeak Energy
HPK
$940M
| $3.24M | ﹤0.01% |
191,800
+132,800
| +225% | +$1.93M |
|
4211
PUT
Virtu Financial
VIRT
$5.3B
| $3.23M | ﹤0.01% |
187,300
-93,500
| -33% | -$1.7M |
|
4212
NexGen Energy
NXE
$6.97B
| $3.23M | ﹤0.01% |
541,553
+480,338
| +785% | +$2.49M |
|
4213
CALL
Meritage Homes
MTH
$4.76B
| $3.23M | ﹤0.01% |
52,800
+24,400
| +86% | +$1.68M |
|
4214
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $3.23M | ﹤0.01% |
34,500
-23,000
| -40% | -$2.15M |
|
4215
CALL
Invesco KBW Bank ETF
KBWB
$6.87B
| $3.23M | ﹤0.01% |
80,600
-27,100
| -25% | -$1.16M |
|
4216
WisdomTree US LargeCap Dividend Fund
DLN
$6.45B
| $3.23M | ﹤0.01% |
52,515
-28,482
| -35% | -$1.82M |
|
4217
Albertsons Companies
ACI
$6.03B
| $3.22M | ﹤0.01% |
+141,693
| New | +$3.16M |
|
4218
PUT
Vanguard Total International Stock ETF
VXUS
$164B
| $3.22M | ﹤0.01% |
60,200
-33,800
| -36% | -$1.89M |
|
|
TWO
4219
PUT
Two Harbors Investment
TWO
$1.27B
| $3.22M | ﹤0.01% |
243,100
-121,800
| -33% | -$1.63M |
|
|
WCC
4220
WESCO International
WCC
$17.6B
| $3.21M | ﹤0.01% |
22,349
+542
| +2% | +$87.5K |
|
4221
PUT
Globus Medical
GMED
$11.5B
| $3.21M | ﹤0.01% |
64,700
+60,400
| +1,405% | +$3.38M |
|
4222
Rexford Industrial Realty
REXR
$8.08B
| $3.21M | ﹤0.01% |
65,067
-233,821
| -78% | -$12.4M |
|
4223
Barclays
BCS
$94.7B
| $3.21M | ﹤0.01% |
411,934
+214,214
| +108% | +$1.66M |
|
4224
PUT
Western Union
WU
$2.32B
| $3.21M | ﹤0.01% |
243,400
-30,100
| -11% | -$369K |
|
4225
CNO Financial Group
CNO
$5.11B
| $3.2M | ﹤0.01% |
134,745
+80,119
| +147% | +$1.93M |
|
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.