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 | |
|---|---|---|---|---|---|---|
826
CME Group
CME
$96.1B
| $66.8M | 0.01% |
333,445
+233,668
| +234% | +$46.4M |
|
827
PUT
Alnylam Pharmaceuticals
ALNY
$30.4B
| $66.6M | 0.01% |
376,200
+166,400
| +79% | +$31.7M |
|
828
AutoZone
AZO
$49.6B
| $66.6M | 0.01% |
26,210
-12,092
| -32% | -$30.3M |
|
829
PUT
Rio Tinto
RIO
$160B
| $66.5M | 0.01% |
1,044,900
-82,300
| -7% | -$5.25M |
|
830
Phillips 66
PSX
$92.8B
| $66.5M | 0.01% |
553,334
-172,298
| -24% | -$19.3M |
|
831
Humana
HUM
$46.2B
| $66.4M | 0.01% |
136,468
-270,221
| -66% | -$127M |
|
832
PUT
Stryker
SYK
$131B
| $66.3M | 0.01% |
242,700
-96,100
| -28% | -$27.6M |
|
833
PUT
Etsy
ETSY
$7.4B
| $66.3M | 0.01% |
1,026,500
+77,700
| +8% | +$6.13M |
|
834
CALL
Builders FirstSource
BLDR
$7.91B
| $66.1M | 0.01% |
531,000
+109,200
| +26% | +$15.1M |
|
835
iShares Russell 2000 Value ETF
IWN
$14.7B
| $66.1M | 0.01% |
487,546
+480,410
| +6,732% | +$68.9M |
|
836
PUT
Transocean
RIG
$6.39B
| $66M | 0.01% |
8,035,200
+2,707,000
| +51% | +$22.1M |
|
837
Trade Desk
TTD
$6.84B
| $65.9M | 0.01% |
842,853
-254,576
| -23% | -$20.6M |
|
838
Southwest Airlines
LUV
$22B
| $65.9M | 0.01% |
2,432,822
+1,190,563
| +96% | +$38.8M |
|
839
CALL
e.l.f. Beauty
ELF
$5.43B
| $65.8M | 0.01% |
598,900
+74,900
| +14% | +$9.1M |
|
840
Bristol-Myers Squibb
BMY
$132B
| $65.8M | 0.01% |
1,132,884
-151,362
| -12% | -$9.27M |
|
841
PNC Financial Services
PNC
$102B
| $65.7M | 0.01% |
535,232
+372,720
| +229% | +$46.9M |
|
842
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$192M
| $65.5M | 0.01% |
1,483,300
-544,300
| -27% | -$19.2M |
|
|
843
PUT
e.l.f. Beauty
ELF
$5.43B
| $65.4M | 0.01% |
595,800
+363,400
| +156% | +$44.1M |
|
844
CALL
KKR & Co
KKR
$103B
| $65.3M | 0.01% |
1,060,200
+601,900
| +131% | +$36.6M |
|
845
CALL
TotalEnergies
TTE
$193B
| $65.3M | 0.01% |
992,700
+84,700
| +9% | +$5.24M |
|
846
PUT
Okta
OKTA
$26.9B
| $65.2M | 0.01% |
799,300
-341,900
| -30% | -$25.9M |
|
847
PUT
EQT Corp
EQT
$33.8B
| $65.1M | 0.01% |
1,604,600
+358,800
| +29% | +$14.9M |
|
848
Workday
WDAY
$51B
| $64.9M | 0.01% |
302,001
+209,535
| +227% | +$48.6M |
|
|
WBA
849
PUT
DELISTED
Walgreens Boots Alliance
WBA
| $64.8M | 0.01% |
2,914,500
+610,200
| +26% | +$16.2M |
|
850
CALL
State Street SPDR S&P Retail ETF
XRT
$643M
| $64.6M | 0.01% |
1,062,200
+401,100
| +61% | +$25.7M |
|
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.