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 | |
|---|---|---|---|---|---|---|
751
Duke Energy
DUK
$97.1B
| $76.8M | 0.02% |
869,648
+618,037
| +246% | +$56.7M |
|
752
CALL
Equinix
EQIX
$106B
| $76.7M | 0.02% |
105,600
-19,900
| -16% | -$15.4M |
|
753
Devon Energy
DVN
$48.8B
| $76.7M | 0.02% |
1,607,584
+1,030,729
| +179% | +$51.9M |
|
|
PARA
754
PUT
DELISTED
Paramount Global Class B
PARA
| $76.7M | 0.02% |
5,942,500
-167,600
| -3% | -$2.48M |
|
755
PUT
Cleveland-Cliffs
CLF
$6.93B
| $76.4M | 0.02% |
4,890,300
+1,909,500
| +64% | +$29.8M |
|
756
PUT
AstraZeneca
AZN
$244B
| $76.4M | 0.02% |
563,950
-639,150
| -53% | -$87.3M |
|
757
CALL
HCA Healthcare
HCA
$89.1B
| $76.3M | 0.02% |
310,300
+1,800
| +0.6% | +$493K |
|
758
PUT
Southwest Airlines
LUV
$22B
| $76.1M | 0.02% |
2,810,900
+234,700
| +9% | +$7.66M |
|
759
CALL
GSK
GSK
$101B
| $75.9M | 0.02% |
2,094,900
+893,800
| +74% | +$31.7M |
|
760
CALL
Kinder Morgan
KMI
$71.4B
| $75.9M | 0.02% |
4,576,400
+225,900
| +5% | +$3.89M |
|
761
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$142M
| $75.7M | 0.02% |
811,125
+154,225
| +23% | +$14.5M |
|
762
CALL
Becton Dickinson
BDX
$49.6B
| $75.4M | 0.02% |
291,700
-32,000
| -10% | -$8.64M |
|
763
PUT
Fair Isaac
FICO
$24B
| $75.3M | 0.02% |
86,700
+21,800
| +34% | +$18.7M |
|
764
CALL
Burlington
BURL
$22.4B
| $75.3M | 0.02% |
556,400
+161,300
| +41% | +$25.9M |
|
|
SCHW
765
Charles Schwab
SCHW
$190B
| $75.2M | 0.02% |
1,369,619
-721,442
| -35% | -$43.6M |
|
766
PUT
Clorox
CLX
$12.9B
| $75.2M | 0.02% |
573,500
+169,000
| +42% | +$25.7M |
|
767
CALL
Cboe Global Markets
CBOE
$30.6B
| $75.1M | 0.02% |
480,600
+133,300
| +38% | +$19.6M |
|
768
Applied Materials
AMAT
$424B
| $75.1M | 0.02% |
542,170
+110,748
| +26% | +$15.9M |
|
769
Target
TGT
$70.6B
| $75M | 0.02% |
678,456
-1,186,969
| -64% | -$151M |
|
770
PUT
Western Digital
WDC
$168B
| $75M | 0.02% |
2,174,483
+150,425
| +7% | +$4.75M |
|
771
PUT
Futu Holdings
FUTU
$14.7B
| $75M | 0.02% |
1,297,200
+5,900
| +0.5% | +$314K |
|
772
CALL
Coupang
CPNG
$29.3B
| $75M | 0.02% |
4,410,400
-271,800
| -6% | -$4.89M |
|
773
PUT
CarMax
KMX
$8.52B
| $74.9M | 0.02% |
1,059,400
-349,100
| -25% | -$28.6M |
|
774
CALL
Archer Daniels Midland
ADM
$38.6B
| $74.9M | 0.02% |
992,800
-221,900
| -18% | -$18M |
|
|
775
PUT
Burlington
BURL
$22.4B
| $74.9M | 0.02% |
553,300
-99,300
| -15% | -$15.9M |
|
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.