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 | |
|---|---|---|---|---|---|---|
4376
PUT
Virgin Galactic
SPCE
$503M
| $2.94M | ﹤0.01% |
81,695
-94,475
| -54% | -$5.63M |
|
4377
PUT
iShares Core MSCI EAFE ETF
IEFA
$196B
| $2.94M | ﹤0.01% |
45,700
-10,100
| -18% | -$676K |
|
4378
Kosmos Energy
KOS
$1.51B
| $2.94M | ﹤0.01% |
359,328
-694,776
| -66% | -$4.92M |
|
4379
Arcosa
ACA
$7.14B
| $2.94M | ﹤0.01% |
40,874
-22,950
| -36% | -$1.74M |
|
4380
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $2.94M | ﹤0.01% |
13,478
+9,215
| +216% | +$1.85M |
|
4381
First Trust Materials AlphaDEX Fund
FXZ
$390M
| $2.94M | ﹤0.01% |
46,604
+37,782
| +428% | +$2.46M |
|
4382
Invesco Bloomberg Pricing Power ETF
POWA
$183M
| $2.93M | ﹤0.01% |
+44,784
| New | +$3.06M |
|
4383
CALL
Arrowhead Research
ARWR
$12.2B
| $2.93M | ﹤0.01% |
109,200
-59,600
| -35% | -$1.83M |
|
|
TDAY
4384
USA Today Co
TDAY
$1.03B
| $2.93M | ﹤0.01% |
1,196,673
-84,243
| -7% | -$233K |
|
4385
SM Energy
SM
$8.03B
| $2.93M | ﹤0.01% |
73,900
-184,680
| -71% | -$7M |
|
4386
PUT
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $2.93M | ﹤0.01% |
41,000
+28,000
| +215% | +$2.12M |
|
4387
CALL
Amkor Technology
AMKR
$14.7B
| $2.93M | ﹤0.01% |
129,600
-61,900
| -32% | -$1.63M |
|
4388
PUT
Rayonier Advanced Materials
RYAM
$570M
| $2.93M | ﹤0.01% |
826,500
+395,500
| +92% | +$1.49M |
|
4389
PUT
Metropolitan Bank Holding Corp
MCB
$1.17B
| $2.92M | ﹤0.01% |
80,600
-234,600
| -74% | -$9.59M |
|
4390
Anavex Life Sciences
AVXL
$298M
| $2.92M | ﹤0.01% |
445,913
-187,726
| -30% | -$1.49M |
|
4391
Columbia Banking Systems
COLB
$9.25B
| $2.92M | ﹤0.01% |
143,793
+57,611
| +67% | +$1.2M |
|
4392
PUT
DTE Energy
DTE
$29.3B
| $2.92M | ﹤0.01% |
29,400
-12,500
| -30% | -$1.34M |
|
4393
Nutanix
NTNX
$18B
| $2.92M | ﹤0.01% |
83,637
-445,506
| -84% | -$14M |
|
4394
CALL
Regal Rexnord
RRX
$11.7B
| $2.91M | ﹤0.01% |
20,400
-12,000
| -37% | -$1.85M |
|
4395
CALL
Glaukos
GKOS
$10.9B
| $2.91M | ﹤0.01% |
38,700
-15,100
| -28% | -$1.13M |
|
4396
PUT
HF Sinclair
DINO
$16.7B
| $2.91M | ﹤0.01% |
51,100
-21,700
| -30% | -$1.18M |
|
|
OPRA
4397
Opera Ltd
OPRA
$1.82B
| $2.91M | ﹤0.01% |
258,127
+172,046
| +200% | +$2.88M |
|
4398
Duolingo
DUOL
$6.21B
| $2.91M | ﹤0.01% |
17,518
-25,989
| -60% | -$3.82M |
|
4399
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.75B
| $2.91M | ﹤0.01% |
64,514
+7,405
| +13% | +$349K |
|
4400
PUT
Lattice Semiconductor
LSCC
$18.5B
| $2.9M | ﹤0.01% |
33,800
-78,200
| -70% | -$7.06M |
|
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.