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 | |
|---|---|---|---|---|---|---|
601
Roper Technologies
ROP
$38.5B
| $104M | 0.02% |
214,610
+187,112
| +680% | +$91.7M |
|
602
PUT
Newmont
NEM
$120B
| $104M | 0.02% |
2,812,200
-758,900
| -21% | -$30.9M |
|
603
CALL
CME Group
CME
$94.9B
| $104M | 0.02% |
518,600
+94,500
| +22% | +$18.8M |
|
604
PUT
ProShares Ultra Bloomberg Natural Gas
BOIL
$404M
| $104M | 0.02% |
190,440
-81,570
| -30% | -$49.6M |
|
605
Southern Company
SO
$107B
| $104M | 0.02% |
1,600,003
+1,247,579
| +354% | +$86.6M |
|
606
CALL
Emerson Electric
EMR
$90.5B
| $103M | 0.02% |
1,070,600
+240,000
| +29% | +$22.9M |
|
607
CALL
Roblox
RBLX
$26.1B
| $102M | 0.02% |
3,531,400
-994,300
| -22% | -$33M |
|
608
PUT
Synopsys
SNPS
$79.6B
| $102M | 0.02% |
222,700
-27,200
| -11% | -$12.2M |
|
609
PUT
Comcast
CMCSA
$91.9B
| $102M | 0.02% |
2,304,000
-845,400
| -27% | -$37.7M |
|
610
PUT
Autodesk
ADSK
$51.8B
| $102M | 0.02% |
493,600
+20,000
| +4% | +$4.2M |
|
611
Thermo Fisher Scientific
TMO
$221B
| $102M | 0.02% |
201,620
-20,576
| -9% | -$11M |
|
612
PUT
Constellation Brands
STZ
$23.1B
| $102M | 0.02% |
405,300
+75,300
| +23% | +$19.7M |
|
613
CALL
Li Auto
LI
$12B
| $102M | 0.02% |
2,853,400
+133,800
| +5% | +$5.28M |
|
614
CALL
Digital Realty Trust
DLR
$73.3B
| $102M | 0.02% |
839,300
+180,600
| +27% | +$22.2M |
|
615
CALL
Affirm
AFRM
$25.6B
| $102M | 0.02% |
4,774,200
+1,895,300
| +66% | +$34.6M |
|
616
CALL
Enterprise Products Partners
EPD
$82.2B
| $101M | 0.02% |
3,696,600
+153,300
| +4% | +$4.1M |
|
617
CALL
US Bancorp
USB
$102B
| $100M | 0.02% |
3,034,500
+310,200
| +11% | +$11.3M |
|
618
PUT
Deckers Outdoor
DECK
$12.6B
| $100M | 0.02% |
1,168,800
-335,400
| -22% | -$30M |
|
619
Las Vegas Sands
LVS
$29.6B
| $100M | 0.02% |
2,181,028
-999,595
| -31% | -$54M |
|
620
PUT
EOG Resources
EOG
$74.3B
| $99.8M | 0.02% |
787,500
+68,600
| +10% | +$8.73M |
|
621
Delta Air Lines
DAL
$60.3B
| $99.7M | 0.02% |
2,693,657
+1,396,386
| +108% | +$60.6M |
|
622
CALL
Carvana
CVNA
$81.5B
| $99.5M | 0.02% |
11,855,500
+2,693,500
| +29% | +$23.2M |
|
623
Intuit
INTU
$92.8B
| $99.2M | 0.02% |
194,094
+50,017
| +35% | +$25.3M |
|
624
CALL
Clorox
CLX
$12.7B
| $99.1M | 0.02% |
756,100
+315,500
| +72% | +$47.9M |
|
625
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$26B
| $98.9M | 0.02% |
5,239,600
-2,032,600
| -28% | -$46.6M |
|
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.