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 | |
|---|---|---|---|---|---|---|
626
Cisco
CSCO
$444B
| $98.9M | 0.02% |
1,838,776
+560,253
| +44% | +$30.2M |
|
627
PUT
TJX Companies
TJX
$169B
| $98.6M | 0.02% |
1,109,200
+288,800
| +35% | +$25.4M |
|
628
PUT
Snap
SNAP
$8.81B
| $98.3M | 0.02% |
11,033,100
+2,506,000
| +29% | +$26.2M |
|
|
X
629
PUT
DELISTED
US Steel
X
| $98.3M | 0.02% |
3,026,300
-376,100
| -11% | -$10.5M |
|
630
Walmart Inc
WMT
$916B
| $98.2M | 0.02% |
1,841,202
+199,713
| +12% | +$10.6M |
|
631
CALL
General Mills
GIS
$20.6B
| $98M | 0.02% |
1,530,900
-386,400
| -20% | -$27.3M |
|
632
PUT
Energy Transfer Partners
ET
$71.9B
| $97.9M | 0.02% |
6,975,200
+361,100
| +5% | +$4.79M |
|
633
CALL
Dollar Tree
DLTR
$25B
| $97.4M | 0.02% |
915,200
-437,900
| -32% | -$58.7M |
|
634
CALL
Expedia Group
EXPE
$39.2B
| $97.3M | 0.02% |
944,000
+347,700
| +58% | +$38.4M |
|
|
635
PUT
Dollar Tree
DLTR
$25B
| $97.1M | 0.02% |
912,500
-71,800
| -7% | -$9.62M |
|
636
PUT
Teck Resources
TECK
$31.2B
| $97M | 0.02% |
2,251,300
-20,400
| -0.9% | -$845K |
|
637
Comcast
CMCSA
$92B
| $97M | 0.02% |
2,186,906
-226,598
| -9% | -$10.1M |
|
638
PUT
Prudential Financial
PRU
$42.8B
| $96.7M | 0.02% |
1,019,400
-198,700
| -16% | -$18.8M |
|
639
PUT
Biogen
BIIB
$31.1B
| $95.6M | 0.02% |
372,000
-120,300
| -24% | -$32.2M |
|
640
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$17.9B
| $95.2M | 0.02% |
1,291,359
+340,935
| +36% | +$25.5M |
|
641
PUT
Pinterest
PINS
$13B
| $95.1M | 0.02% |
3,520,100
-169,300
| -5% | -$4.62M |
|
642
CALL
Generac Holdings
GNRC
$12.9B
| $94.8M | 0.02% |
869,900
-220,600
| -20% | -$27.3M |
|
643
CALL
Sherwin-Williams
SHW
$87.4B
| $94.7M | 0.02% |
371,300
+15,800
| +4% | +$4.23M |
|
644
PUT
KraneShares CSI China Internet ETF
KWEB
$5.3B
| $94.5M | 0.02% |
3,453,100
+321,400
| +10% | +$9.14M |
|
645
CALL
Illumina
ILMN
$28.8B
| $94.3M | 0.02% |
706,339
+39,887
| +6% | +$6.56M |
|
646
Linde
LIN
$220B
| $94.3M | 0.02% |
253,218
+54,515
| +27% | +$20.7M |
|
647
CALL
Constellation Brands
STZ
$23.2B
| $93.8M | 0.02% |
373,200
-78,300
| -17% | -$20.4M |
|
648
PUT
Sarepta Therapeutics
SRPT
$1.93B
| $93.5M | 0.02% |
771,100
-358,300
| -32% | -$40.5M |
|
649
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.8B
| $93.3M | 0.02% |
1,356,400
-392,800
| -22% | -$28.7M |
|
650
CALL
Darden Restaurants
DRI
$25.3B
| $93.2M | 0.02% |
650,700
+56,800
| +10% | +$9.01M |
|
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.