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 | |
|---|---|---|---|---|---|---|
1226
CALL
UiPath
PATH
$8.64B
| $36.7M | 0.01% |
2,147,100
+1,161,900
| +118% | +$19.3M |
|
1227
PUT
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $36.7M | 0.01% |
933,600
-189,200
| -17% | -$7.77M |
|
1228
PUT
Public Storage
PSA
$61.4B
| $36.7M | 0.01% |
139,100
+29,400
| +27% | +$8.24M |
|
1229
PUT
Bunge Global
BG
$21.7B
| $36.5M | 0.01% |
337,300
-26,100
| -7% | -$2.86M |
|
1230
CALL
LPL Financial
LPLA
$29.5B
| $36.5M | 0.01% |
153,500
+120,900
| +371% | +$28.1M |
|
1231
CALL
ProShares Ultra QQQ
QLD
$14.4B
| $36.4M | 0.01% |
1,227,600
-91,800
| -7% | -$2.95M |
|
1232
PUT
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $36.4M | 0.01% |
1,267,500
-1,030,400
| -45% | -$36.1M |
|
1233
CALL
Novartis
NVS
$288B
| $36.4M | 0.01% |
357,300
-107,400
| -23% | -$10.9M |
|
1234
PUT
State Street
STT
$52.2B
| $36.3M | 0.01% |
542,500
+138,400
| +34% | +$9.76M |
|
|
MRSH
1235
Marsh
MRSH
$90B
| $36.3M | 0.01% |
190,886
-6,980
| -4% | -$1.34M |
|
1236
CALL
Centene
CNC
$32.6B
| $36.3M | 0.01% |
526,600
+236,800
| +82% | +$15.8M |
|
1237
PUT
L3Harris
LHX
$53.7B
| $36.2M | 0.01% |
208,100
+87,900
| +73% | +$16.2M |
|
1238
PUT
Cadence Design Systems
CDNS
$89.2B
| $36.1M | 0.01% |
154,200
+14,100
| +10% | +$3.3M |
|
1239
CALL
M&T Bank
MTB
$36.6B
| $36.1M | 0.01% |
285,600
-60,200
| -17% | -$7.85M |
|
|
PXD
1240
DELISTED
Pioneer Natural Resource Co.
PXD
| $36M | 0.01% |
156,905
+25,057
| +19% | +$5.7M |
|
1241
PUT
XP
XP
$8.18B
| $35.9M | 0.01% |
1,557,700
+534,500
| +52% | +$13.4M |
|
1242
CALL
Edwards Lifesciences
EW
$53.4B
| $35.9M | 0.01% |
518,200
+111,900
| +28% | +$8.99M |
|
1243
CALL
Teladoc Health
TDOC
$1.26B
| $35.9M | 0.01% |
1,930,300
+753,700
| +64% | +$17.6M |
|
1244
PUT
Antero Resources
AR
$11.3B
| $35.8M | 0.01% |
1,412,100
-795,900
| -36% | -$20.5M |
|
1245
Gilead Sciences
GILD
$171B
| $35.8M | 0.01% |
478,117
-222,857
| -32% | -$17.1M |
|
1246
American Tower
AMT
$81.2B
| $35.8M | 0.01% |
217,709
+62,481
| +40% | +$11.4M |
|
1247
MongoDB
MDB
$38B
| $35.8M | 0.01% |
103,507
-66,666
| -39% | -$25.3M |
|
1248
CALL
NRG Energy
NRG
$25.2B
| $35.8M | 0.01% |
928,400
-347,000
| -27% | -$13.1M |
|
1249
Fortinet
FTNT
$121B
| $35.7M | 0.01% |
608,575
-190,342
| -24% | -$12.6M |
|
1250
Entegris
ENTG
$25B
| $35.6M | 0.01% |
379,038
+310,437
| +453% | +$31.1M |
|
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.