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 | |
|---|---|---|---|---|---|---|
701
PUT
Expedia Group
EXPE
$39.4B
| $85.3M | 0.02% |
827,400
+301,800
| +57% | +$33.3M |
|
702
PUT
KB Home
KBH
$3.44B
| $85.2M | 0.02% |
1,840,100
+130,500
| +8% | +$6.63M |
|
703
PUT
US Bancorp
USB
$102B
| $85.1M | 0.02% |
2,572,800
-466,500
| -15% | -$17M |
|
704
CALL
Franco-Nevada
FNV
$44.6B
| $84.4M | 0.02% |
632,200
-66,700
| -10% | -$9.43M |
|
705
PUT
Philip Morris
PM
$294B
| $84.1M | 0.02% |
908,600
-21,000
| -2% | -$2.02M |
|
706
Texas Instruments
TXN
$251B
| $84M | 0.02% |
528,435
-101,928
| -16% | -$17.4M |
|
707
PUT
iShares US Real Estate ETF
IYR
$4.58B
| $84M | 0.02% |
1,074,600
-157,700
| -13% | -$13.4M |
|
708
CALL
Seagate
STX
$208B
| $83.9M | 0.02% |
1,272,300
+180,000
| +16% | +$11.6M |
|
|
HES
709
PUT
DELISTED
Hess
HES
| $83.8M | 0.02% |
547,900
-62,500
| -10% | -$9.41M |
|
710
CALL
Vanguard Information Technology ETF
VGT
$151B
| $83.8M | 0.02% |
1,615,200
-337,600
| -17% | -$18.4M |
|
711
PUT
Zillow
Z
$8.06B
| $83.2M | 0.02% |
1,802,800
-130,800
| -7% | -$6.72M |
|
712
PUT
Shell
SHEL
$248B
| $83.1M | 0.02% |
1,291,100
+62,600
| +5% | +$3.9M |
|
713
CALL
Cummins
CMI
$87.2B
| $83M | 0.02% |
363,300
+28,800
| +9% | +$6.95M |
|
714
PUT
Generac Holdings
GNRC
$12.8B
| $82.2M | 0.02% |
754,800
-105,100
| -12% | -$13M |
|
|
FINV
715
FinVolution Group
FINV
$1.07B
| $82.1M | 0.02% |
16,493,362
| – | – |
|
716
CALL
Vertiv
VRT
$112B
| $82M | 0.02% |
2,205,200
+932,400
| +73% | +$30.7M |
|
717
PUT
DexCom
DXCM
$34.4B
| $81.8M | 0.02% |
877,200
+223,200
| +34% | +$25.2M |
|
718
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$100B
| $81.6M | 0.02% |
575,900
+139,900
| +32% | +$20.9M |
|
719
Deere & Co
DE
$165B
| $81.5M | 0.02% |
215,980
+63,185
| +41% | +$26.1M |
|
720
CALL
monday.com
MNDY
$3.92B
| $81.5M | 0.02% |
511,700
+89,500
| +21% | +$15M |
|
721
PUT
Cloudflare
NET
$118B
| $81.3M | 0.02% |
1,290,200
-804,500
| -38% | -$51.5M |
|
722
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$415M
| $81.2M | 0.02% |
2,731,500
+776,400
| +40% | +$22.3M |
|
723
PUT
iShares Core S&P 500 ETF
IVV
$910B
| $80.9M | 0.02% |
188,300
+36,500
| +24% | +$16.3M |
|
724
CALL
iShares US Home Construction ETF
ITB
$2.37B
| $80.8M | 0.02% |
1,030,000
+360,200
| +54% | +$30.6M |
|
725
CALL
On Holding
ONON
$10.4B
| $80.7M | 0.02% |
2,900,500
+742,700
| +34% | +$23.5M |
|
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.