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 | |
|---|---|---|---|---|---|---|
851
O'Reilly Automotive
ORLY
$74.9B
| $64.3M | 0.01% |
1,060,425
-582,615
| -35% | -$36.5M |
|
852
CALL
Bunge Global
BG
$21.7B
| $64.1M | 0.01% |
591,800
+208,000
| +54% | +$22.8M |
|
853
Tyson Foods
TSN
$19.8B
| $64M | 0.01% |
1,267,042
-204,716
| -14% | -$10.9M |
|
854
Cigna
CI
$73.5B
| $63.9M | 0.01% |
223,520
-69,657
| -24% | -$19.9M |
|
855
CALL
EPAM Systems
EPAM
$5.24B
| $63.9M | 0.01% |
250,000
+400
| +0.2% | +$98.8K |
|
|
PARA
856
DELISTED
Paramount Global Class B
PARA
| $63.9M | 0.01% |
4,954,320
-514,946
| -9% | -$7.63M |
|
857
CALL
Sarepta Therapeutics
SRPT
$1.95B
| $63.6M | 0.01% |
524,300
-17,300
| -3% | -$1.96M |
|
858
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $63.5M | 0.01% |
493,433
+145,601
| +42% | +$19.3M |
|
859
CALL
Chord Energy
CHRD
$7.35B
| $63.4M | 0.01% |
390,900
+95,200
| +32% | +$14.9M |
|
860
CALL
Schwab US Dividend Equity ETF
SCHD
$108B
| $63.3M | 0.01% |
2,685,000
-839,100
| -24% | -$20.6M |
|
861
PUT
Norfolk Southern
NSC
$75.9B
| $63.2M | 0.01% |
320,800
-66,100
| -17% | -$14.3M |
|
862
CALL
Hershey
HSY
$37.4B
| $63.1M | 0.01% |
315,300
-19,300
| -6% | -$4.32M |
|
863
CALL
MGM Resorts International
MGM
$11.1B
| $63.1M | 0.01% |
1,715,300
+426,600
| +33% | +$18.9M |
|
864
Abbott
ABT
$193B
| $63M | 0.01% |
650,992
-365,601
| -36% | -$38.4M |
|
865
Valero Energy
VLO
$98.7B
| $62.7M | 0.01% |
442,760
-80,858
| -15% | -$10.6M |
|
866
lululemon athletica
LULU
$13.6B
| $62.7M | 0.01% |
162,492
-94,725
| -37% | -$36.2M |
|
867
PUT
United States Natural Gas Fund
UNG
$489M
| $62.6M | 0.01% |
2,291,200
+1,076,500
| +89% | +$30.1M |
|
868
CALL
Norwegian Cruise Line
NCLH
$8.98B
| $62.6M | 0.01% |
3,798,000
-1,780,400
| -32% | -$32.8M |
|
869
CALL
Futu Holdings
FUTU
$14.7B
| $62.6M | 0.01% |
1,082,100
-176,200
| -14% | -$9.39M |
|
870
PUT
Suncor Energy
SU
$76.5B
| $62.5M | 0.01% |
1,818,700
-62,500
| -3% | -$2M |
|
871
CALL
PENN Entertainment
PENN
$2.53B
| $62.4M | 0.01% |
2,719,000
+1,840,500
| +210% | +$44.5M |
|
872
PUT
Halliburton
HAL
$27.4B
| $62.4M | 0.01% |
1,539,800
+52,900
| +4% | +$2.07M |
|
873
CALL
Match Group
MTCH
$8.56B
| $62.4M | 0.01% |
1,591,400
+829,300
| +109% | +$36.8M |
|
874
CALL
Sysco
SYY
$40B
| $62.3M | 0.01% |
943,000
+435,500
| +86% | +$31.3M |
|
875
PUT
HSBC
HSBC
$358B
| $62.2M | 0.01% |
1,577,000
+892,100
| +130% | +$35.2M |
|
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.