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 | |
|---|---|---|---|---|---|---|
976
CVS Health
CVS
$121B
| $53M | 0.01% |
758,916
-488,007
| -39% | -$34.6M |
|
977
PUT
Vanguard Information Technology ETF
VGT
$151B
| $52.4M | 0.01% |
1,009,600
-200,000
| -17% | -$10.9M |
|
978
CALL
Thor Industries
THO
$4.11B
| $52.4M | 0.01% |
550,300
+332,900
| +153% | +$34.8M |
|
979
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$15B
| $52.2M | 0.01% |
+632,356
| New | +$53.9M |
|
980
CALL
First Citizens BancShares
FCNCA
$25.6B
| $52.2M | 0.01% |
37,800
+13,600
| +56% | +$18.7M |
|
981
PUT
Seagate
STX
$209B
| $52.1M | 0.01% |
789,900
-12,700
| -2% | -$818K |
|
982
CALL
T. Rowe Price
TROW
$23.7B
| $52M | 0.01% |
496,300
+283,600
| +133% | +$31.9M |
|
983
PUT
PG&E
PCG
$38.5B
| $52M | 0.01% |
3,223,700
+1,202,900
| +60% | +$20.7M |
|
984
Blackstone
BX
$112B
| $51.9M | 0.01% |
484,822
-908,607
| -65% | -$94.6M |
|
985
PUT
Riot Platforms
RIOT
$7.21B
| $51.9M | 0.01% |
5,567,300
+1,850,300
| +50% | +$25.5M |
|
986
PUT
Norwegian Cruise Line
NCLH
$8.98B
| $51.8M | 0.01% |
3,143,100
-592,900
| -16% | -$10.9M |
|
987
State Street SPDR S&P Regional Banking ETF
KRE
$4.67B
| $51.8M | 0.01% |
1,239,112
-491,509
| -28% | -$21.9M |
|
988
Zscaler
ZS
$30.4B
| $51.7M | 0.01% |
332,152
+122,973
| +59% | +$18.4M |
|
989
CALL
Jabil
JBL
$38.8B
| $51.6M | 0.01% |
406,500
+156,700
| +63% | +$17.1M |
|
990
CALL
Antero Resources
AR
$11.3B
| $51.4M | 0.01% |
2,026,300
-86,100
| -4% | -$2.22M |
|
991
Enphase Energy
ENPH
$5.39B
| $51.4M | 0.01% |
427,749
-113,246
| -21% | -$16.1M |
|
992
Lam Research
LRCX
$422B
| $51.4M | 0.01% |
819,940
-345,170
| -30% | -$22.7M |
|
993
Sprott Physical Gold
PHYS
$15.7B
| $51.4M | 0.01% |
3,587,859
+3,547,859
| +8,870% | +$53.3M |
|
994
PUT
Caesars Entertainment
CZR
$6.04B
| $51.2M | 0.01% |
1,105,700
-251,600
| -19% | -$13.4M |
|
995
Cencora
COR
$59.2B
| $51.2M | 0.01% |
284,754
+75,639
| +36% | +$14M |
|
996
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $51.1M | 0.01% |
1,779,200
+119,100
| +7% | +$4.17M |
|
997
Realty Income
O
$59.6B
| $51.1M | 0.01% |
1,022,438
+666,007
| +187% | +$38.3M |
|
998
CALL
Restaurant Brands International
QSR
$26.7B
| $51M | 0.01% |
765,800
+121,000
| +19% | +$8.69M |
|
999
KKR & Co
KKR
$103B
| $50.8M | 0.01% |
825,311
+670,384
| +433% | +$40.7M |
|
1000
CALL
HP
HPQ
$28.6B
| $50.8M | 0.01% |
1,977,700
+950,800
| +93% | +$29.2M |
|
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.