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 | |
|---|---|---|---|---|---|---|
451
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.9B
| $150M | 0.03% |
5,081,200
+214,000
| +4% | +$6.9M |
|
452
CALL
Unity
U
$19.7B
| $149M | 0.03% |
4,748,700
-428,700
| -8% | -$16.5M |
|
453
Nike
NKE
$60.6B
| $149M | 0.03% |
1,556,006
+194,720
| +14% | +$20M |
|
454
PUT
Workday
WDAY
$43.4B
| $148M | 0.03% |
691,100
+103,900
| +18% | +$24.1M |
|
455
State Street Financial Select Sector SPDR ETF
XLF
$59B
| $148M | 0.03% |
4,474,043
+845,872
| +23% | +$29.1M |
|
456
PUT
Estee Lauder
EL
$31.6B
| $148M | 0.03% |
1,024,700
+360,800
| +54% | +$60.2M |
|
457
CALL
Wayfair
W
$13.9B
| $148M | 0.03% |
2,438,100
-201,700
| -8% | -$14M |
|
458
SPDR Gold Trust
GLD
$142B
| $146M | 0.03% |
849,946
+797,655
| +1,525% | +$143M |
|
459
CALL
Dow Inc
DOW
$22.1B
| $146M | 0.03% |
2,823,400
+140,900
| +5% | +$7.56M |
|
460
CALL
Wynn Resorts
WYNN
$10.6B
| $145M | 0.03% |
1,574,000
-898,000
| -36% | -$90.1M |
|
461
CALL
BILL Holdings
BILL
$4.79B
| $145M | 0.03% |
1,337,100
-166,700
| -11% | -$19M |
|
462
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$414M
| $144M | 0.03% |
4,850,700
+1,137,100
| +31% | +$32.6M |
|
463
CALL
Progressive
PGR
$121B
| $144M | 0.03% |
1,032,000
+642,600
| +165% | +$84.5M |
|
464
PUT
Las Vegas Sands
LVS
$29.6B
| $143M | 0.03% |
3,130,200
+133,400
| +4% | +$7.21M |
|
465
CALL
AstraZeneca
AZN
$245B
| $143M | 0.03% |
1,055,150
+438,750
| +71% | +$59.9M |
|
466
CALL
iShares Semiconductor ETF
SOXX
$47.4B
| $143M | 0.03% |
904,200
-1,069,200
| -54% | -$178M |
|
467
Procter & Gamble
PG
$336B
| $143M | 0.03% |
977,414
+177,584
| +22% | +$27.1M |
|
468
CALL
Elevance Health
ELV
$87B
| $142M | 0.03% |
326,300
-14,500
| -4% | -$6.58M |
|
469
CALL
Twilio
TWLO
$38.6B
| $142M | 0.03% |
2,426,900
+97,500
| +4% | +$6.08M |
|
470
PUT
Li Auto
LI
$12B
| $142M | 0.03% |
3,976,200
-337,700
| -8% | -$13.3M |
|
471
PUT
Analog Devices
ADI
$189B
| $141M | 0.03% |
807,000
+152,300
| +23% | +$28.1M |
|
472
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $141M | 0.03% |
309,400
-37,200
| -11% | -$17.8M |
|
473
PUT
RH
RH
$3.44B
| $141M | 0.03% |
533,500
-36,800
| -6% | -$12.8M |
|
|
SGEN
474
CALL
DELISTED
Seagen Inc. Common Stock
SGEN
| $139M | 0.03% |
656,500
-239,900
| -27% | -$47.9M |
|
475
PUT
Waste Management
WM
$90.4B
| $139M | 0.03% |
908,900
+698,700
| +332% | +$113M |
|
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.