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 | |
|---|---|---|---|---|---|---|
4926
PUT
Criteo S.A.
CRTO
$931M
| $2.17M | ﹤0.01% |
74,300
+57,600
| +345% | +$1.77M |
|
4927
CALL
Ardmore Shipping
ASC
$719M
| $2.17M | ﹤0.01% |
166,700
+48,300
| +41% | +$622K |
|
4928
CALL
JFrog
FROG
$11.6B
| $2.17M | ﹤0.01% |
85,400
-55,900
| -40% | -$1.55M |
|
|
PBT
4929
CALL
Permian Basin Royalty Trust
PBT
$1.52B
| $2.17M | ﹤0.01% |
101,900
+56,000
| +122% | +$1.27M |
|
4930
Woodward
WWD
$21.9B
| $2.16M | ﹤0.01% |
17,391
+10,000
| +135% | +$1.25M |
|
4931
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$25.3M
| $2.16M | ﹤0.01% |
35,800
-30,900
| -46% | -$1.5M |
|
4932
Sonic Automotive
SAH
$2.56B
| $2.15M | ﹤0.01% |
45,097
-20,078
| -31% | -$1.02M |
|
4933
CALL
Telus
TU
$15.4B
| $2.15M | ﹤0.01% |
131,800
+108,900
| +476% | +$1.92M |
|
4934
CALL
Mercer International
MERC
$31.6M
| $2.15M | ﹤0.01% |
250,900
+176,300
| +236% | +$1.52M |
|
|
AY
4935
CALL
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $2.15M | ﹤0.01% |
112,700
-28,100
| -20% | -$636K |
|
4936
CALL
ZipRecruiter
ZIP
$386M
| $2.15M | ﹤0.01% |
179,500
-163,100
| -48% | -$2.66M |
|
4937
Upwork
UPWK
$1.06B
| $2.15M | ﹤0.01% |
189,371
+107,192
| +130% | +$1.33M |
|
4938
PUT
Applied Optoelectronics
AAOI
$12.7B
| $2.15M | ﹤0.01% |
196,000
+184,500
| +1,604% | +$1.96M |
|
4939
Phillips Edison & Co
PECO
$5.21B
| $2.15M | ﹤0.01% |
64,057
-29,078
| -31% | -$1.01M |
|
4940
CALL
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $2.15M | ﹤0.01% |
26,500
-18,400
| -41% | -$1.49M |
|
4941
Aemetis
AMTX
$128M
| $2.14M | ﹤0.01% |
516,791
+82,844
| +19% | +$507K |
|
4942
CALL
Alkermes
ALKS
$8.23B
| $2.14M | ﹤0.01% |
76,500
-174,900
| -70% | -$5.13M |
|
4943
CALL
Booz Allen Hamilton
BAH
$9.32B
| $2.14M | ﹤0.01% |
19,600
-15,300
| -44% | -$1.76M |
|
4944
PUT
ARK Web x.0 ETF
ARKW
$1.8B
| $2.14M | ﹤0.01% |
39,500
-52,200
| -57% | -$3.09M |
|
|
SQSP
4945
PUT
DELISTED
Squarespace, Inc.
SQSP
| $2.14M | ﹤0.01% |
73,800
+18,600
| +34% | +$571K |
|
4946
BILL Holdings
BILL
$4.96B
| $2.14M | ﹤0.01% |
19,674
-133,686
| -87% | -$15.2M |
|
4947
PUT
Sylvamo
SLVM
$1.53B
| $2.14M | ﹤0.01% |
48,600
+100
| +0.2% | +$4.3K |
|
4948
PUT
Hims & Hers Health
HIMS
$6.57B
| $2.14M | ﹤0.01% |
339,500
+98,500
| +41% | +$733K |
|
4949
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $2.14M | ﹤0.01% |
18,167
-29,459
| -62% | -$3.59M |
|
4950
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $2.13M | ﹤0.01% |
274,700
-353,600
| -56% | -$3.46M |
|
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.