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 | |
|---|---|---|---|---|---|---|
1251
iShares Core US Aggregate Bond ETF
AGG
$138B
| $35.6M | 0.01% |
+378,407
| New | +$36.4M |
|
1252
CALL
Baker Hughes
BKR
$63B
| $35.5M | 0.01% |
1,006,500
+94,400
| +10% | +$3.34M |
|
1253
CALL
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $35.5M | 0.01% |
903,800
-73,000
| -7% | -$3M |
|
1254
PUT
British American Tobacco
BTI
$124B
| $35.4M | 0.01% |
1,128,400
+124,900
| +12% | +$4.12M |
|
1255
PUT
Five Below
FIVE
$13.4B
| $35.4M | 0.01% |
220,200
-288,600
| -57% | -$52.7M |
|
1256
SBA Communications
SBAC
$19.8B
| $35.2M | 0.01% |
176,086
+6,453
| +4% | +$1.44M |
|
|
K
1257
PUT
DELISTED
Kellanova
K
| $35.2M | 0.01% |
630,161
+98,406
| +19% | +$5.85M |
|
|
BRSL
1258
CALL
Brightstar Lottery PLC
BRSL
$2.15B
| $35M | 0.01% |
1,155,300
+414,600
| +56% | +$13.2M |
|
1259
CALL
Lucid Motors
LCID
$2.54B
| $35M | 0.01% |
625,820
-153,700
| -20% | -$9.95M |
|
1260
PUT
Teva Pharmaceuticals
TEVA
$42.6B
| $34.9M | 0.01% |
3,418,100
-1,464,000
| -30% | -$13.6M |
|
1261
Public Storage
PSA
$61.4B
| $34.9M | 0.01% |
132,257
+72,544
| +121% | +$20.3M |
|
1262
Microchip Technology
MCHP
$42.2B
| $34.8M | 0.01% |
445,775
+74,531
| +20% | +$6.24M |
|
1263
Consolidated Edison
ED
$40.1B
| $34.7M | 0.01% |
405,154
+211,014
| +109% | +$19.2M |
|
1264
PUT
AutoNation
AN
$6.89B
| $34.5M | 0.01% |
227,800
+16,900
| +8% | +$2.7M |
|
1265
CALL
Ovintiv
OVV
$17.2B
| $34.5M | 0.01% |
724,700
+157,000
| +28% | +$7.11M |
|
1266
Ecolab
ECL
$77.4B
| $34.3M | 0.01% |
202,487
+29,485
| +17% | +$5.36M |
|
1267
Moderna
MRNA
$25.4B
| $34.3M | 0.01% |
332,027
-202,372
| -38% | -$22.6M |
|
1268
Welltower
WELL
$169B
| $34.3M | 0.01% |
418,640
-42,483
| -9% | -$3.49M |
|
1269
Entergy
ETR
$49.9B
| $34.2M | 0.01% |
739,310
+370,064
| +100% | +$18.1M |
|
1270
PUT
Dominion Energy
D
$60.3B
| $34M | 0.01% |
761,700
+106,700
| +16% | +$5.3M |
|
1271
PUT
Oneok
OKE
$58.4B
| $34M | 0.01% |
536,400
+298,200
| +125% | +$19.5M |
|
1272
PUT
DuPont de Nemours
DD
$19.5B
| $33.9M | 0.01% |
362,085
-36,647
| -9% | -$3.44M |
|
1273
Travelers Companies
TRV
$77.2B
| $33.9M | 0.01% |
207,555
+101,294
| +95% | +$16.9M |
|
1274
CALL
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $33.8M | 0.01% |
2,448,700
+1,752,400
| +252% | +$25.7M |
|
1275
CALL
CDW
CDW
$17.8B
| $33.8M | 0.01% |
167,500
+139,300
| +494% | +$27.8M |
|
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.