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 | |
|---|---|---|---|---|---|---|
1001
PUT
Equinix
EQIX
$106B
| $50.8M | 0.01% |
69,900
-54,200
| -44% | -$42M |
|
1002
PUT
Pool Corp
POOL
$7.29B
| $50.7M | 0.01% |
142,300
-91,000
| -39% | -$33.1M |
|
1003
PUT
MetLife
MET
$61.9B
| $50.6M | 0.01% |
804,700
-511,400
| -39% | -$31.8M |
|
1004
Ford
F
$55.4B
| $50.6M | 0.01% |
4,074,447
-2,997,719
| -42% | -$38.9M |
|
1005
PUT
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $50.5M | 0.01% |
225,400
+94,400
| +72% | +$22.6M |
|
1006
CALL
Alcoa
AA
$13.1B
| $50.4M | 0.01% |
1,736,000
+377,400
| +28% | +$11.8M |
|
1007
CALL
VF Corp
VFC
$5.79B
| $49.9M | 0.01% |
2,823,500
+1,368,800
| +94% | +$26.1M |
|
1008
iShares MSCI Brazil ETF
EWZ
$8.55B
| $49.8M | 0.01% |
1,623,839
+559,606
| +53% | +$17.8M |
|
1009
CALL
Skyworks Solutions
SWKS
$10.5B
| $49.7M | 0.01% |
504,300
+96,900
| +24% | +$10.3M |
|
1010
PUT
Novartis
NVS
$288B
| $49.7M | 0.01% |
487,900
-44,100
| -8% | -$4.48M |
|
1011
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $49.6M | 0.01% |
721,015
+350,563
| +95% | +$25.7M |
|
1012
PUT
Keurig Dr Pepper
KDP
$42.3B
| $49.6M | 0.01% |
1,571,300
+110,800
| +8% | +$3.66M |
|
1013
CALL
Saia
SAIA
$10.1B
| $49.5M | 0.01% |
124,200
+81,300
| +190% | +$32.8M |
|
1014
Centene
CNC
$32.6B
| $49.4M | 0.01% |
716,882
+67,351
| +10% | +$4.48M |
|
1015
CALL
Steel Dynamics
STLD
$37.3B
| $49.3M | 0.01% |
460,200
+31,700
| +7% | +$3.3M |
|
1016
Cheniere Energy
LNG
$55B
| $49.3M | 0.01% |
297,277
-228,461
| -43% | -$36.9M |
|
1017
PUT
iShares MSCI Japan ETF
EWJ
$23.2B
| $49.2M | 0.01% |
816,800
+154,300
| +23% | +$9.52M |
|
1018
PUT
Peabody Energy
BTU
$2.94B
| $49.2M | 0.01% |
1,894,600
+153,500
| +9% | +$3.43M |
|
1019
CALL
Ferrari
RACE
$72.5B
| $49.2M | 0.01% |
166,400
-20,400
| -11% | -$6.33M |
|
1020
PUT
Hasbro
HAS
$13.6B
| $49M | 0.01% |
741,200
-286,000
| -28% | -$18.9M |
|
1021
CALL
Danaos Corp
DAC
$2.56B
| $48.8M | 0.01% |
737,600
+16,800
| +2% | +$1.13M |
|
1022
CALL
Teva Pharmaceuticals
TEVA
$42.6B
| $48.8M | 0.01% |
4,787,600
+3,290,800
| +220% | +$30.6M |
|
1023
PUT
Chubb
CB
$133B
| $48.8M | 0.01% |
234,500
+3,300
| +1% | +$667K |
|
1024
PUT
BioNTech
BNTX
$23.1B
| $48.8M | 0.01% |
448,800
+19,500
| +5% | +$2.16M |
|
1025
PUT
Chewy
CHWY
$9.2B
| $48.6M | 0.01% |
2,661,600
+1,370,700
| +106% | +$39.2M |
|
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.