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 | |
|---|---|---|---|---|---|---|
5251
PUT
Kimbell Royalty Partners
KRP
$1.52B
| $1.84M | ﹤0.01% |
115,000
+91,900
| +398% | +$1.39M |
|
5252
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $1.83M | ﹤0.01% |
11,492
-743
| -6% | -$123K |
|
5253
PUT
Burford Capital
BUR
$960M
| $1.83M | ﹤0.01% |
131,000
-177,600
| -58% | -$2.42M |
|
5254
CALL
Ligand Pharmaceuticals
LGND
$5.87B
| $1.83M | ﹤0.01% |
30,600
-2,600
| -8% | -$171K |
|
5255
CALL
Cooper-Standard Automotive
CPS
$506M
| $1.83M | ﹤0.01% |
136,600
+78,600
| +136% | +$1.25M |
|
5256
PUT
Dorian LPG
LPG
$2.03B
| $1.83M | ﹤0.01% |
63,700
+42,000
| +194% | +$1.13M |
|
5257
CALL
iShares Russell 2000 Value ETF
IWN
$14.7B
| $1.83M | ﹤0.01% |
13,500
-35,300
| -72% | -$5.06M |
|
5258
CALL
Century Communities
CCS
$2.01B
| $1.83M | ﹤0.01% |
27,400
+5,900
| +27% | +$430K |
|
|
SAND
5259
PUT
DELISTED
Sandstorm Gold
SAND
| $1.83M | ﹤0.01% |
392,600
+86,400
| +28% | +$454K |
|
5260
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
| $1.83M | ﹤0.01% |
32,611
-26,599
| -45% | -$1.55M |
|
5261
ALPS Equal Sector Weight ETF
EQL
$769M
| $1.83M | ﹤0.01% |
+54,636
| New | +$1.91M |
|
5262
CALL
uniQure
QURE
$3.37B
| $1.83M | ﹤0.01% |
272,200
+5,000
| +2% | +$45K |
|
5263
PUT
Affiliated Managers Group
AMG
$9.89B
| $1.82M | ﹤0.01% |
14,000
+8,900
| +175% | +$1.25M |
|
5264
PUT
HDFC Bank
HDB
$120B
| $1.82M | ﹤0.01% |
61,800
-86,000
| -58% | -$2.8M |
|
|
ODP
5265
CALL
DELISTED
ODP
ODP
| $1.82M | ﹤0.01% |
39,500
+8,200
| +26% | +$394K |
|
5266
National Beverage
FIZZ
$2.93B
| $1.82M | ﹤0.01% |
38,731
+17,660
| +84% | +$891K |
|
5267
iShares Environmentally Aware Real Estate ETF
ERET
$14.1M
| $1.82M | ﹤0.01% |
78,772
-21,562
| -21% | -$529K |
|
5268
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $1.82M | ﹤0.01% |
45,746
+383
| +0.8% | +$16.2K |
|
|
ERF
5269
PUT
DELISTED
Enerplus Corporation
ERF
| $1.82M | ﹤0.01% |
103,100
-21,600
| -17% | -$357K |
|
5270
PUT
RUM Group Inc
RUM
$3.7B
| $1.82M | ﹤0.01% |
356,400
+79,700
| +29% | +$595K |
|
5271
MaxLinear
MXL
$7.69B
| $1.82M | ﹤0.01% |
81,670
-159,856
| -66% | -$4.06M |
|
5272
PUT
Tyler Technologies
TYL
$13.5B
| $1.81M | ﹤0.01% |
4,700
-72,100
| -94% | -$28.3M |
|
5273
CALL
Harmony Gold Mining
HMY
$12.1B
| $1.81M | ﹤0.01% |
482,400
-306,100
| -39% | -$1.26M |
|
5274
Genesco
GCO
$391M
| $1.81M | ﹤0.01% |
58,824
-7,872
| -12% | -$223K |
|
5275
Safe Bulkers
SB
$789M
| $1.81M | ﹤0.01% |
559,481
+243,153
| +77% | +$785K |
|
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.