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 | |
|---|---|---|---|---|---|---|
651
PUT
Veeva Systems
VEEV
$39.2B
| $92.8M | 0.02% |
456,300
+117,500
| +35% | +$23.7M |
|
652
Caterpillar
CAT
$396B
| $92.7M | 0.02% |
339,668
+97,018
| +40% | +$26.3M |
|
653
CALL
APA Corp
APA
$13.9B
| $92.1M | 0.02% |
2,242,000
+365,200
| +19% | +$15M |
|
654
CALL
iShares Russell 1000 Growth ETF
IWF
$129B
| $92.1M | 0.02% |
1,385,600
+112,400
| +9% | +$7.76M |
|
655
CALL
CF Industries
CF
$17.6B
| $92.1M | 0.02% |
1,074,000
+354,900
| +49% | +$28M |
|
656
PUT
Warner Bros
WBD
$69.7B
| $92M | 0.02% |
8,473,800
+2,713,000
| +47% | +$33.9M |
|
657
PUT
Medtronic
MDT
$116B
| $91.8M | 0.02% |
1,172,100
-285,100
| -20% | -$23.9M |
|
658
CALL
Scorpio Tankers
STNG
$3.93B
| $91.7M | 0.02% |
1,694,100
+251,600
| +17% | +$12.3M |
|
659
CALL
XPeng
XPEV
$11.2B
| $91.6M | 0.02% |
4,991,400
+1,262,400
| +34% | +$21.4M |
|
660
PUT
Gilead Sciences
GILD
$170B
| $91.6M | 0.02% |
1,222,800
-59,500
| -5% | -$4.58M |
|
661
CALL
DexCom
DXCM
$34.3B
| $91.6M | 0.02% |
981,300
+280,600
| +40% | +$31.6M |
|
662
PUT
Alcoa
AA
$13.3B
| $91.5M | 0.02% |
3,149,600
-162,900
| -5% | -$5.11M |
|
663
Newmont
NEM
$120B
| $91.5M | 0.02% |
2,476,590
+159,238
| +7% | +$6.47M |
|
664
CALL
Kraft Heinz
KHC
$29.8B
| $90.7M | 0.02% |
2,696,600
+416,700
| +18% | +$14.4M |
|
665
CALL
Duke Energy
DUK
$96.8B
| $90.6M | 0.02% |
1,026,900
+186,000
| +22% | +$17.1M |
|
666
CALL
NXP Semiconductors
NXPI
$59.2B
| $90.6M | 0.02% |
453,000
+38,800
| +9% | +$8.03M |
|
667
IBM
IBM
$221B
| $90.2M | 0.02% |
642,891
-87,449
| -12% | -$12.4M |
|
668
ASML
ASML
$717B
| $90.1M | 0.02% |
153,088
+81,284
| +113% | +$54M |
|
669
PUT
Align Technology
ALGN
$12.3B
| $90M | 0.02% |
294,900
-8,300
| -3% | -$2.87M |
|
670
CALL
Fidelity National Information Services
FIS
$22.1B
| $90M | 0.02% |
1,627,800
+379,600
| +30% | +$21.8M |
|
671
CALL
SoFi Technologies
SOFI
$23.8B
| $89.8M | 0.02% |
11,244,000
-5,360,700
| -32% | -$47.1M |
|
672
PUT
State Street SPDR S&P Homebuilders ETF
XHB
$1.6B
| $89.7M | 0.02% |
1,171,400
-3,130,300
| -73% | -$254M |
|
673
PUT
TransDigm Group
TDG
$68.6B
| $89.6M | 0.02% |
106,300
+4,900
| +5% | +$4.3M |
|
674
PUT
Hilton Worldwide
HLT
$72.4B
| $89.5M | 0.02% |
595,700
+97,400
| +20% | +$14.7M |
|
675
Waste Management
WM
$89.9B
| $89.4M | 0.02% |
586,241
+206,651
| +54% | +$33.4M |
|
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.