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 | |
|---|---|---|---|---|---|---|
5901
Amphastar Pharmaceuticals
AMPH
$889M
| $1.35M | ﹤0.01% |
29,325
-5,612
| -16% | -$306K |
|
5902
Procore
PCOR
$9.09B
| $1.35M | ﹤0.01% |
20,638
| – | – |
|
5903
Invesco MSCI USA ETF
PBUS
$11.9B
| $1.35M | ﹤0.01% |
+31,541
| New | +$1.4M |
|
5904
CALL
RCI Hospitality Holdings
RICK
$236M
| $1.35M | ﹤0.01% |
22,200
+800
| +4% | +$53.6K |
|
5905
CALL
Veeco
VECO
$3.2B
| $1.35M | ﹤0.01% |
47,900
-7,000
| -13% | -$193K |
|
5906
iShares MSCI Pacific ex Japan ETF
EPP
$2.24B
| $1.35M | ﹤0.01% |
33,836
+2,478
| +8% | +$103K |
|
5907
CALL
W.R. Berkley
WRB
$26.2B
| $1.35M | ﹤0.01% |
31,800
-22,650
| -42% | -$938K |
|
5908
PUT
2x Long VIX Futures ETF
UVIX
$211M
| $1.34M | ﹤0.01% |
193
+22
| +13% | +$167K |
|
|
DEA
5909
CALL
Easterly Government Properties
DEA
$1.17B
| $1.34M | ﹤0.01% |
46,960
-19,840
| -30% | -$680K |
|
5910
CALL
MKS Inc
MKSI
$21B
| $1.34M | ﹤0.01% |
15,500
-13,900
| -47% | -$1.36M |
|
5911
WaFd
WAFD
$2.81B
| $1.34M | ﹤0.01% |
52,352
-25,812
| -33% | -$722K |
|
5912
PUT
Progress Software
PRGS
$1.79B
| $1.34M | ﹤0.01% |
25,500
-14,000
| -35% | -$820K |
|
5913
PUT
IPG Photonics
IPGP
$3.65B
| $1.34M | ﹤0.01% |
13,200
-9,900
| -43% | -$1.12M |
|
5914
CALL
CleanSpark
CLSK
$3.1B
| $1.34M | ﹤0.01% |
351,600
+182,300
| +108% | +$963K |
|
5915
CALL
ProShares Ultra Russell2000
UWM
$268M
| $1.34M | ﹤0.01% |
44,300
+29,600
| +201% | +$1.02M |
|
5916
Microvision
MVIS
$53M
| $1.34M | ﹤0.01% |
40,760
-268
| -0.7% | -$12.3K |
|
5917
Valvoline
VVV
$4.36B
| $1.34M | ﹤0.01% |
41,523
-15,818
| -28% | -$556K |
|
5918
Crescent Energy
CRGY
$4.03B
| $1.34M | ﹤0.01% |
105,856
-40,933
| -28% | -$501K |
|
5919
PUT
Ambev
ABEV
$43.2B
| $1.34M | ﹤0.01% |
518,500
+288,900
| +126% | +$835K |
|
5920
CALL
Impinj
PI
$5.28B
| $1.34M | ﹤0.01% |
24,300
-17,500
| -42% | -$1.19M |
|
5921
Douglas Emmett
DEI
$1.96B
| $1.34M | ﹤0.01% |
104,753
+25,488
| +32% | +$345K |
|
5922
Zillow
Z
$7.82B
| $1.34M | ﹤0.01% |
28,946
-329,927
| -92% | -$17M |
|
5923
Itron
ITRI
$4.45B
| $1.34M | ﹤0.01% |
22,039
-7,887
| -26% | -$541K |
|
5924
PUT
Alta Equipment Group
ALTG
$237M
| $1.34M | ﹤0.01% |
110,700
-27,900
| -20% | -$417K |
|
5925
CALL
West Fraser Timber
WFG
$5.54B
| $1.33M | ﹤0.01% |
18,400
-5,700
| -24% | -$448K |
|
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.