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 | |
|---|---|---|---|---|---|---|
476
PUT
PNC Financial Services
PNC
$103B
| $138M | 0.03% |
1,126,500
+303,400
| +37% | +$38.2M |
|
477
Goldman Sachs
GS
$306B
| $138M | 0.03% |
427,068
-258,075
| -38% | -$86.2M |
|
|
478
iShares MSCI EAFE ETF
EFA
$80.4B
| $138M | 0.03% |
2,004,893
-8,905,244
| -82% | -$638M |
|
479
CALL
Shell
SHEL
$246B
| $138M | 0.03% |
2,144,800
-144,400
| -6% | -$8.99M |
|
480
PUT
Trade Desk
TTD
$6.52B
| $138M | 0.03% |
1,760,900
-505,000
| -22% | -$40.8M |
|
481
CALL
Okta
OKTA
$25.9B
| $138M | 0.03% |
1,687,600
+880,700
| +109% | +$66.8M |
|
|
482
CALL
PNC Financial Services
PNC
$103B
| $137M | 0.03% |
1,115,600
+15,700
| +1% | +$1.98M |
|
483
PUT
Williams-Sonoma
WSM
$29.1B
| $137M | 0.03% |
1,757,000
+271,000
| +18% | +$18.7M |
|
484
CALL
Boston Scientific
BSX
$75.4B
| $136M | 0.03% |
2,584,800
+1,743,200
| +207% | +$91.4M |
|
485
NextEra Energy
NEE
$179B
| $136M | 0.03% |
2,366,538
+1,511,858
| +177% | +$105M |
|
486
Costco
COST
$423B
| $135M | 0.03% |
239,724
-77,530
| -24% | -$42.8M |
|
487
CALL
Dollar General
DG
$27B
| $135M | 0.03% |
1,279,300
+526,000
| +70% | +$78.4M |
|
488
CALL
ProShares UltraShort Bloomberg Natural Gas
KOLD
$102M
| $135M | 0.03% |
4,413,600
-484,200
| -10% | -$14.1M |
|
|
B
489
CALL
Barrick Mining
B
$66.4B
| $135M | 0.03% |
9,253,600
+1,200,800
| +15% | +$19.7M |
|
490
Uber
UBER
$154B
| $134M | 0.03% |
2,924,485
+2,500,785
| +590% | +$114M |
|
|
B
491
Barrick Mining
B
$66.4B
| $134M | 0.03% |
9,236,866
+31,630
| +0.3% | +$518K |
|
492
PUT
Linde
LIN
$222B
| $134M | 0.03% |
360,700
+84,900
| +31% | +$32.3M |
|
493
PUT
Monolithic Power Systems
MPWR
$70B
| $134M | 0.03% |
289,100
+179,200
| +163% | +$91.7M |
|
494
CALL
United Airlines
UAL
$41.4B
| $133M | 0.03% |
3,146,100
-468,300
| -13% | -$23.7M |
|
495
PUT
Sea Limited
SE
$76.5B
| $132M | 0.03% |
3,007,500
+1,246,900
| +71% | +$61M |
|
|
496
PUT
Boston Scientific
BSX
$75.4B
| $131M | 0.03% |
2,483,900
+1,120,100
| +82% | +$58.7M |
|
497
PepsiCo
PEP
$191B
| $131M | 0.03% |
773,233
-307,005
| -28% | -$55.8M |
|
498
CALL
Cheniere Energy
LNG
$55B
| $131M | 0.03% |
788,800
+150,100
| +24% | +$24.2M |
|
499
Qualcomm
QCOM
$174B
| $131M | 0.03% |
1,175,957
+237,856
| +25% | +$27.6M |
|
500
PUT
Cameco
CCJ
$43.1B
| $130M | 0.03% |
3,282,000
-772,800
| -19% | -$27.3M |
|
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.