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 | |
|---|---|---|---|---|---|---|
4901
PUT
Suburban Propane Partners
SPH
$1.18B
| $2.19M | ﹤0.01% |
136,500
-76,100
| -36% | -$1.12M |
|
4902
New Jersey Resources
NJR
$5.64B
| $2.19M | ﹤0.01% |
53,897
-30,147
| -36% | -$1.32M |
|
4903
PUT
Tetra Tech
TTEK
$9.35B
| $2.19M | ﹤0.01% |
72,000
+61,000
| +555% | +$1.98M |
|
|
SA
4904
PUT
Seabridge Gold
SA
$3.62B
| $2.19M | ﹤0.01% |
207,500
-28,100
| -12% | -$333K |
|
4905
PUT
Cabot Corp
CBT
$4.54B
| $2.19M | ﹤0.01% |
31,600
+4,700
| +17% | +$327K |
|
4906
State Street SPDR Portfolio S&P Sector Neutral Dividend ETF
SPDG
$12.8M
| $2.19M | ﹤0.01% |
+75,397
| New | +$2.23M |
|
4907
Xtrackers S&P 500 ESG ETF
SNPE
$2.79B
| $2.19M | ﹤0.01% |
55,860
+30,825
| +123% | +$1.26M |
|
4908
PUT
Viant Technology
DSP
$275M
| $2.19M | ﹤0.01% |
390,600
-549,800
| -58% | -$3.01M |
|
4909
PUT
TE Connectivity
TEL
$62.6B
| $2.19M | ﹤0.01% |
17,700
-33,800
| -66% | -$4.52M |
|
4910
PTC Therapeutics
PTCT
$5.98B
| $2.18M | ﹤0.01% |
97,462
-17,344
| -15% | -$645K |
|
4911
CALL
MillerKnoll
MLKN
$1.62B
| $2.18M | ﹤0.01% |
+89,300
| New | +$1.67M |
|
4912
Bright Horizons
BFAM
$3.75B
| $2.18M | ﹤0.01% |
26,791
+6,296
| +31% | +$581K |
|
4913
CALL
Mueller Industries
MLI
$14.6B
| $2.18M | ﹤0.01% |
116,000
-242,400
| -68% | -$4.8M |
|
4914
PUT
Cogent Communications
CCOI
$579M
| $2.18M | ﹤0.01% |
35,200
+26,000
| +283% | +$1.7M |
|
4915
CALL
VistaGen Therapeutics
VTGN
$11.9M
| $2.18M | ﹤0.01% |
415,500
+401,100
| +2,785% | +$1.78M |
|
4916
Sphere Entertainment
SPHR
$6.03B
| $2.17M | ﹤0.01% |
58,510
-9,712
| -14% | -$358K |
|
4917
Cheniere Energy
CQP
$33.4B
| $2.17M | ﹤0.01% |
+40,116
| New | +$2.06M |
|
4918
CALL
Avery Dennison
AVY
$13.6B
| $2.17M | ﹤0.01% |
11,900
-2,100
| -15% | -$380K |
|
|
RDUS
4919
DELISTED
Radius Recycling
RDUS
| $2.17M | ﹤0.01% |
78,038
+18,448
| +31% | +$570K |
|
4920
Stantec
STN
$8.28B
| $2.17M | ﹤0.01% |
33,500
+20,100
| +150% | +$1.34M |
|
4921
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $2.17M | ﹤0.01% |
22,069
-46,492
| -68% | -$4.88M |
|
4922
VictoryShares US 500 Enhanced Volatility Wtd ETF
CFO
$430M
| $2.17M | ﹤0.01% |
36,873
+16,199
| +78% | +$996K |
|
4923
PUT
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $2.17M | ﹤0.01% |
23,300
-22,700
| -49% | -$2.14M |
|
|
PENG
4924
Penguin Solutions Inc
PENG
$3.27B
| $2.17M | ﹤0.01% |
89,123
+35,602
| +67% | +$899K |
|
4925
CALL
Brookfield Infrastructure
BIPC
$4.97B
| $2.17M | ﹤0.01% |
61,400
+21,900
| +55% | +$904K |
|
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.