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 | |
|---|---|---|---|---|---|---|
5451
CALL
ACV Auctions
ACVA
$1.4B
| $1.67M | ﹤0.01% |
110,000
-183,700
| -63% | -$2.98M |
|
5452
CALL
Rogers Corp
ROG
$2.55B
| $1.67M | ﹤0.01% |
12,700
-10,000
| -44% | -$1.49M |
|
5453
PUT
Redwire
RDW
$3.39B
| $1.67M | ﹤0.01% |
577,700
+462,100
| +400% | +$1.49M |
|
5454
Invesco KBW Bank ETF
KBWB
$6.87B
| $1.67M | ﹤0.01% |
41,665
-48,147
| -54% | -$2.05M |
|
5455
ATI
ATI
$31.1B
| $1.67M | ﹤0.01% |
40,560
-47,847
| -54% | -$2.13M |
|
5456
Tredegar Corp
TG
$276M
| $1.67M | ﹤0.01% |
308,440
-32,083
| -9% | -$187K |
|
5457
CALL
First Trust Natural Gas ETF
FCG
$648M
| $1.67M | ﹤0.01% |
64,200
-1,600
| -2% | -$40.8K |
|
5458
CALL
Verra Mobility
VRRM
$717M
| $1.67M | ﹤0.01% |
89,200
-54,500
| -38% | -$1.06M |
|
5459
CALL
Celestica
CLS
$42.3B
| $1.67M | ﹤0.01% |
68,000
+50,200
| +282% | +$1.03M |
|
5460
CALL
Hess Midstream
HESM
$5.2B
| $1.67M | ﹤0.01% |
57,200
-179,200
| -76% | -$5.4M |
|
5461
PUT
ProShares Short QQQ
PSQ
$636M
| $1.67M | ﹤0.01% |
30,600
-5,980
| -16% | -$317K |
|
5462
CALL
Carlyle Secured Lending
CGBD
$781M
| $1.67M | ﹤0.01% |
114,900
+47,400
| +70% | +$710K |
|
5463
PUT
iShares Global Timber & Forestry ETF
WOOD
$269M
| $1.67M | ﹤0.01% |
22,500
-3,700
| -14% | -$273K |
|
5464
KB Home
KBH
$3.44B
| $1.66M | ﹤0.01% |
35,950
-145,084
| -80% | -$7.37M |
|
|
ZUO
5465
DELISTED
Zuora, Inc.
ZUO
| $1.66M | ﹤0.01% |
201,832
-87,529
| -30% | -$863K |
|
5466
Assured Guaranty
AGO
$3.38B
| $1.66M | ﹤0.01% |
27,460
+18,653
| +212% | +$1.11M |
|
|
SLCA
5467
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $1.66M | ﹤0.01% |
118,304
-105,388
| -47% | -$1.38M |
|
5468
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.61B
| $1.66M | ﹤0.01% |
30,100
-64,500
| -68% | -$3.94M |
|
|
THS
5469
PUT
DELISTED
Treehouse Foods
THS
| $1.66M | ﹤0.01% |
38,100
+13,100
| +52% | +$627K |
|
5470
PUT
IDT Corp
IDT
$1.66B
| $1.66M | ﹤0.01% |
+75,300
| New | +$1.77M |
|
5471
Transcat
TRNS
$877M
| $1.66M | ﹤0.01% |
16,945
+13,376
| +375% | +$1.28M |
|
5472
CALL
Tencent Music
TME
$14.5B
| $1.66M | ﹤0.01% |
260,200
-227,700
| -47% | -$1.52M |
|
|
RC
5473
CALL
Ready Capital
RC
$306M
| $1.66M | ﹤0.01% |
164,200
-7,500
| -4% | -$82.5K |
|
5474
Simply Good Foods
SMPL
$1B
| $1.66M | ﹤0.01% |
48,046
-81,151
| -63% | -$2.92M |
|
5475
CALL
Vanguard Materials ETF
VAW
$3.07B
| $1.66M | ﹤0.01% |
9,600
+1,000
| +12% | +$181K |
|
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.