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 | |
|---|---|---|---|---|---|---|
4776
Independence Realty Trust
IRT
$4.01B
| $2.36M | ﹤0.01% |
167,633
-62,827
| -27% | -$1.04M |
|
4777
Distillate US Fundamental Stability & Value ETF
DSTL
$2.08B
| $2.36M | ﹤0.01% |
+52,823
| New | +$2.43M |
|
4778
Fidelity MSCI Consumer Discretionary Index ETF
FDIS
$1.72B
| $2.36M | ﹤0.01% |
33,732
+26,493
| +366% | +$1.95M |
|
4779
Belden
BDC
$5.31B
| $2.36M | ﹤0.01% |
24,407
+3,421
| +16% | +$320K |
|
|
EVRI
4780
DELISTED
Everi Holdings
EVRI
| $2.36M | ﹤0.01% |
178,212
+52,740
| +42% | +$750K |
|
4781
Recursion Pharmaceuticals
RXRX
$1.69B
| $2.35M | ﹤0.01% |
307,833
+210,048
| +215% | +$2.1M |
|
4782
PUT
Patterson-UTI
PTEN
$4.34B
| $2.35M | ﹤0.01% |
170,100
+100,500
| +144% | +$1.47M |
|
|
NVEI
4783
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $2.35M | ﹤0.01% |
156,900
+51,300
| +49% | +$1.19M |
|
|
CIR
4784
CALL
DELISTED
CIRCOR International, Inc
CIR
| $2.35M | ﹤0.01% |
42,200
-28,400
| -40% | -$1.58M |
|
4785
PUT
Vanguard Health Care ETF
VHT
$18.9B
| $2.35M | ﹤0.01% |
10,000
+3,600
| +56% | +$878K |
|
4786
PUT
Designer Brands
DBI
$299M
| $2.35M | ﹤0.01% |
185,700
-169,300
| -48% | -$1.81M |
|
4787
Constellium
CSTM
$4.01B
| $2.35M | ﹤0.01% |
128,933
+3,351
| +3% | +$59.1K |
|
4788
CALL
Polestar Automotive Holding UK
PSNY
$2.06B
| $2.34M | ﹤0.01% |
29,590
-7,117
| -19% | -$789K |
|
4789
PUT
H&R Block
HRB
$6.83B
| $2.34M | ﹤0.01% |
54,400
-117,800
| -68% | -$4.35M |
|
4790
CALL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $2.34M | ﹤0.01% |
25,500
+3,000
| +13% | +$275K |
|
4791
California Water Service
CWT
$3.12B
| $2.34M | ﹤0.01% |
49,468
+33,546
| +211% | +$1.7M |
|
4792
PUT
Surgery Partners
SGRY
$1.97B
| $2.34M | ﹤0.01% |
80,000
+41,400
| +107% | +$1.49M |
|
4793
Fiverr
FVRR
$324M
| $2.34M | ﹤0.01% |
95,550
-51,772
| -35% | -$1.46M |
|
4794
CALL
Teleflex
TFX
$5.81B
| $2.34M | ﹤0.01% |
11,900
-700
| -6% | -$159K |
|
|
4795
PUT
Fiverr
FVRR
$324M
| $2.34M | ﹤0.01% |
95,500
-62,500
| -40% | -$1.76M |
|
|
PDS
4796
CALL
Precision Drilling
PDS
$1.09B
| $2.34M | ﹤0.01% |
34,800
+21,300
| +158% | +$1.35M |
|
|
GRMN
4797
PUT
Garmin
GRMN
$59.8B
| $2.34M | ﹤0.01% |
22,200
-42,800
| -66% | -$4.5M |
|
4798
Grocery Outlet
GO
$1.1B
| $2.33M | ﹤0.01% |
80,852
-101,774
| -56% | -$3.24M |
|
4799
CALL
Century Aluminum
CENX
$4.62B
| $2.33M | ﹤0.01% |
324,300
+159,500
| +97% | +$1.28M |
|
|
CBAY
4800
DELISTED
Cymabay Therapeutics
CBAY
| $2.33M | ﹤0.01% |
156,053
+37,087
| +31% | +$492K |
|
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.