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 | |
|---|---|---|---|---|---|---|
1351
ProShares Short VIX Short-Term Futures ETF
SVXY
$234M
| $30.9M | 0.01% |
714,780
+165,928
| +30% | +$7.21M |
|
1352
CALL
Ralph Lauren
RL
$23.1B
| $30.9M | 0.01% |
265,800
-9,000
| -3% | -$1.09M |
|
1353
PUT
Cognizant
CTSH
$26.7B
| $30.8M | 0.01% |
454,300
+143,300
| +46% | +$9.89M |
|
1354
Airbnb
ABNB
$111B
| $30.7M | 0.01% |
224,082
-577,438
| -72% | -$79.7M |
|
1355
PUT
Western Alliance Bancorporation
WAL
$8.92B
| $30.7M | 0.01% |
668,700
-493,300
| -42% | -$23.3M |
|
1356
CALL
SL Green Realty
SLG
$4.08B
| $30.7M | 0.01% |
823,000
+54,800
| +7% | +$1.97M |
|
1357
Eaton
ETN
$176B
| $30.7M | 0.01% |
143,872
+39,130
| +37% | +$8.44M |
|
1358
Nice
NICE
$6.17B
| $30.7M | 0.01% |
180,329
+18,591
| +11% | +$3.7M |
|
1359
PUT
ProShares UltraPro S&P 500
UPRO
$5.86B
| $30.6M | 0.01% |
743,800
+50,500
| +7% | +$2.38M |
|
1360
General Motors
GM
$75.8B
| $30.5M | 0.01% |
925,962
-420,825
| -31% | -$15M |
|
1361
Cardinal Health
CAH
$53.8B
| $30.5M | 0.01% |
351,555
+64,072
| +22% | +$5.79M |
|
1362
HCA Healthcare
HCA
$89.1B
| $30.5M | 0.01% |
124,072
+44,248
| +55% | +$12.1M |
|
1363
CALL
ChargePoint
CHPT
$160M
| $30.5M | 0.01% |
306,950
+46,180
| +18% | +$6.7M |
|
|
ANSS
1364
CALL
DELISTED
Ansys
ANSS
| $30.5M | 0.01% |
102,500
+20,300
| +25% | +$6.43M |
|
1365
PUT
LyondellBasell Industries
LYB
$20.2B
| $30.5M | 0.01% |
321,800
+100,500
| +45% | +$9.66M |
|
1366
PUT
Akamai
AKAM
$18B
| $30.5M | 0.01% |
285,900
-209,900
| -42% | -$20.9M |
|
|
EA
1367
PUT
DELISTED
Electronic Arts
EA
| $30.4M | 0.01% |
252,900
-171,100
| -40% | -$21.5M |
|
1368
PUT
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $30.4M | 0.01% |
2,202,300
-1,382,800
| -39% | -$20.3M |
|
1369
Sherwin-Williams
SHW
$87.8B
| $30.4M | 0.01% |
119,150
+18,072
| +18% | +$4.84M |
|
1370
CALL
GitLab
GTLB
$7.32B
| $30.4M | 0.01% |
671,300
-26,000
| -4% | -$1.24M |
|
1371
CALL
Pool Corp
POOL
$7.29B
| $30.3M | 0.01% |
85,000
-4,400
| -5% | -$1.6M |
|
1372
NRG Energy
NRG
$25.2B
| $30.2M | 0.01% |
785,254
-114,219
| -13% | -$4.32M |
|
1373
MetLife
MET
$61.9B
| $30.2M | 0.01% |
480,005
+135,347
| +39% | +$8.43M |
|
1374
PUT
Teradyne
TER
$64.2B
| $30.2M | 0.01% |
300,200
+13,900
| +5% | +$1.47M |
|
1375
CALL
KB Home
KBH
$3.45B
| $30.1M | 0.01% |
651,400
+97,600
| +18% | +$4.96M |
|
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.