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 | |
|---|---|---|---|---|---|---|
676
Lockheed Martin
LMT
$138B
| $89.3M | 0.02% |
218,303
+110,959
| +103% | +$49.2M |
|
677
PUT
Wingstop
WING
$3.14B
| $89.1M | 0.02% |
495,700
+91,500
| +23% | +$15.8M |
|
678
PUT
Capital One
COF
$137B
| $89.1M | 0.02% |
917,800
-274,700
| -23% | -$29.4M |
|
679
CALL
C3.ai
AI
$1.56B
| $88.9M | 0.02% |
3,485,500
+1,002,200
| +40% | +$33.5M |
|
680
ServiceNow
NOW
$132B
| $88.9M | 0.02% |
795,540
+21,160
| +3% | +$2.41M |
|
681
CALL
Advance Auto Parts
AAP
$3.46B
| $88.9M | 0.02% |
1,590,100
+881,600
| +124% | +$59.1M |
|
682
PUT
Hershey
HSY
$37.3B
| $88.9M | 0.02% |
444,200
+97,000
| +28% | +$21.7M |
|
683
CALL
eBay
EBAY
$46.2B
| $88.6M | 0.02% |
2,009,400
+298,400
| +17% | +$13.3M |
|
684
Occidental Petroleum
OXY
$57.6B
| $88.5M | 0.02% |
1,364,141
-463,897
| -25% | -$29.2M |
|
685
PUT
Twilio
TWLO
$38.8B
| $88.5M | 0.02% |
1,511,700
-435,300
| -22% | -$27.1M |
|
686
CALL
W.W. Grainger
GWW
$61.9B
| $88.2M | 0.02% |
127,500
+67,200
| +111% | +$48.6M |
|
687
CALL
EQT Corp
EQT
$33.7B
| $87.9M | 0.02% |
2,166,400
-214,700
| -9% | -$8.89M |
|
688
CALL
Teck Resources
TECK
$31.1B
| $87.1M | 0.02% |
2,021,500
-1,115,600
| -36% | -$46.2M |
|
689
EOG Resources
EOG
$74.1B
| $87.1M | 0.02% |
686,801
-17,800
| -3% | -$2.26M |
|
690
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $86.9M | 0.02% |
948,900
+443,800
| +88% | +$41.9M |
|
691
PUT
Digital Realty Trust
DLR
$73.4B
| $86.8M | 0.02% |
717,400
+105,500
| +17% | +$13M |
|
692
PUT
Builders FirstSource
BLDR
$7.94B
| $86.8M | 0.02% |
697,300
+85,900
| +14% | +$11.9M |
|
693
CALL
Oneok
OKE
$58.7B
| $86.6M | 0.02% |
1,365,800
+734,200
| +116% | +$47.9M |
|
|
FISV
694
CALL
Fiserv Inc
FISV
$28.9B
| $86.2M | 0.02% |
762,900
-249,600
| -25% | -$30.7M |
|
695
CALL
Aflac
AFL
$60.6B
| $86.2M | 0.02% |
1,122,700
-59,100
| -5% | -$4.39M |
|
696
PUT
Microchip Technology
MCHP
$43B
| $86.2M | 0.02% |
1,103,800
+5,400
| +0.5% | +$452K |
|
697
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $85.7M | 0.02% |
1,045,334
+817,776
| +359% | +$70.1M |
|
698
Cleveland-Cliffs
CLF
$6.96B
| $85.5M | 0.02% |
5,472,863
+1,783,641
| +48% | +$27.8M |
|
699
CALL
Kimberly-Clark
KMB
$36.7B
| $85.5M | 0.02% |
707,100
-52,800
| -7% | -$6.82M |
|
700
PUT
Crocs
CROX
$6.31B
| $85.3M | 0.02% |
967,200
+62,000
| +7% | +$6.37M |
|
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.