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 | |
|---|---|---|---|---|---|---|
901
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.67B
| $59.7M | 0.01% |
116,864
+32,380
| +38% | +$15.2M |
|
902
CALL
Vanguard High Dividend Yield ETF
VYM
$84.2B
| $59.6M | 0.01% |
576,600
-2,700
| -0.5% | -$290K |
|
903
CALL
Johnson Controls International
JCI
$91.7B
| $59.5M | 0.01% |
1,118,900
+574,000
| +105% | +$35.4M |
|
904
PUT
General Dynamics
GD
$106B
| $59.4M | 0.01% |
269,000
+2,500
| +0.9% | +$553K |
|
|
EXE
905
PUT
Expand Energy Corp
EXE
$21.9B
| $59.4M | 0.01% |
689,100
-86,800
| -11% | -$7.37M |
|
906
PUT
AMC Entertainment Holdings
AMC
$2.35B
| $59.4M | 0.01% |
7,435,500
+3,591,560
| +93% | +$106M |
|
907
PUT
Alpha Metallurgical Resources
AMR
$1.97B
| $59.3M | 0.01% |
228,300
+39,000
| +21% | +$7.62M |
|
908
PUT
argenx
ARGX
$53.6B
| $59.1M | 0.01% |
120,300
-73,500
| -38% | -$36M |
|
909
Colgate-Palmolive
CL
$74.1B
| $59.1M | 0.01% |
830,420
-114,669
| -12% | -$8.57M |
|
910
Marvell Technology
MRVL
$199B
| $58.9M | 0.01% |
1,088,450
-190,055
| -15% | -$11.2M |
|
911
PUT
J.M. Smucker
SJM
$12.9B
| $58.7M | 0.01% |
477,800
+384,700
| +413% | +$54.6M |
|
912
CALL
Crown Castle
CCI
$32.2B
| $58.4M | 0.01% |
634,800
+116,400
| +22% | +$12.1M |
|
913
CALL
AB InBev
BUD
$158B
| $58.1M | 0.01% |
1,050,200
-700
| -0.1% | -$39.7K |
|
914
Analog Devices
ADI
$186B
| $58.1M | 0.01% |
331,615
+98,957
| +43% | +$18.2M |
|
915
CALL
WIX.com
WIX
$3.35B
| $58M | 0.01% |
631,600
+245,800
| +64% | +$22M |
|
916
CALL
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $57.7M | 0.01% |
1,471,900
+170,900
| +13% | +$5.77M |
|
|
AKRO
917
PUT
DELISTED
Akero Therapeutics
AKRO
| $57.7M | 0.01% |
1,140,500
+688,600
| +152% | +$32.1M |
|
|
918
CALL
Colgate-Palmolive
CL
$74.1B
| $57.6M | 0.01% |
809,800
-231,600
| -22% | -$17.3M |
|
919
CALL
Tyson Foods
TSN
$19.8B
| $57.4M | 0.01% |
1,137,800
+266,200
| +31% | +$14.2M |
|
920
CALL
CarMax
KMX
$8.52B
| $57.3M | 0.01% |
810,800
-64,300
| -7% | -$5.27M |
|
921
PUT
McKesson
MCK
$99.9B
| $57.3M | 0.01% |
131,800
+28,100
| +27% | +$11.8M |
|
922
PUT
eBay
EBAY
$46.5B
| $57.1M | 0.01% |
1,294,900
+345,300
| +36% | +$15.4M |
|
923
PUT
Ross Stores
ROST
$78.6B
| $57.1M | 0.01% |
505,400
+123,600
| +32% | +$14.2M |
|
924
CALL
AutoNation
AN
$6.89B
| $57.1M | 0.01% |
376,900
+192,400
| +104% | +$30.7M |
|
925
PUT
Progressive
PGR
$121B
| $56.9M | 0.01% |
408,800
+1,800
| +0.4% | +$237K |
|
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.