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 | |
|---|---|---|---|---|---|---|
1376
CALL
Royal Gold
RGLD
$19.1B
| $30.1M | 0.01% |
283,500
-12,300
| -4% | -$1.4M |
|
1377
PUT
Moody's
MCO
$84.6B
| $30.1M | 0.01% |
95,300
+6,900
| +8% | +$2.35M |
|
1378
American Water Works
AWK
$27.1B
| $30.1M | 0.01% |
243,149
+160,248
| +193% | +$22.5M |
|
1379
PUT
MSCI
MSCI
$41.8B
| $30.1M | 0.01% |
58,600
+8,500
| +17% | +$4.47M |
|
1380
CALL
Wolfspeed
WOLF
$1.64B
| $30M | 0.01% |
787,300
+232,900
| +42% | +$12.2M |
|
1381
Scorpio Tankers
STNG
$3.93B
| $30M | 0.01% |
553,402
+320,904
| +138% | +$15.7M |
|
1382
CALL
Molson Coors Class B
TAP
$7.85B
| $29.9M | 0.01% |
470,900
+147,100
| +45% | +$9.57M |
|
1383
CALL
Packaging Corp of America
PKG
$22.9B
| $29.9M | 0.01% |
194,800
+148,400
| +320% | +$21.7M |
|
1384
LyondellBasell Industries
LYB
$20.2B
| $29.8M | 0.01% |
314,963
+109,950
| +54% | +$10.6M |
|
|
MRO
1385
PUT
DELISTED
Marathon Oil Corporation
MRO
| $29.8M | 0.01% |
1,114,900
+388,800
| +54% | +$10.1M |
|
1386
CALL
Helen of Troy
HELE
$699M
| $29.8M | 0.01% |
255,500
+7,500
| +3% | +$934K |
|
1387
PUT
HP
HPQ
$28.6B
| $29.8M | 0.01% |
1,157,600
-202,100
| -15% | -$6.2M |
|
1388
PUT
Lithia Motors
LAD
$8.32B
| $29.7M | 0.01% |
100,600
+37,000
| +58% | +$11.3M |
|
1389
CALL
Vulcan Materials
VMC
$36B
| $29.7M | 0.01% |
147,000
+74,500
| +103% | +$16.2M |
|
1390
CSX Corp
CSX
$92.9B
| $29.7M | 0.01% |
965,477
-34,274
| -3% | -$1.09M |
|
1391
PUT
Plug Power
PLUG
$3.21B
| $29.7M | 0.01% |
3,906,000
+503,000
| +15% | +$4.91M |
|
1392
CALL
Qorvo
QRVO
$8.68B
| $29.7M | 0.01% |
310,900
-12,100
| -4% | -$1.24M |
|
1393
PUT
EPAM Systems
EPAM
$5.24B
| $29.6M | 0.01% |
115,900
+12,600
| +12% | +$3.11M |
|
|
NVMI
1394
CALL
Nova
NVMI
$13.1B
| $29.6M | 0.01% |
263,300
+134,000
| +104% | +$15.8M |
|
1395
Agnico Eagle Mines
AEM
$91.3B
| $29.5M | 0.01% |
649,660
+14,849
| +2% | +$728K |
|
1396
CALL
Quest Diagnostics
DGX
$26.1B
| $29.5M | 0.01% |
241,900
+112,200
| +87% | +$14.9M |
|
1397
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$278M
| $29.5M | 0.01% |
72,684
+20,292
| +39% | +$8.48M |
|
1398
PUT
VF Corp
VFC
$5.79B
| $29.4M | 0.01% |
1,662,900
-27,300
| -2% | -$520K |
|
1399
CALL
Global E Online
GLBE
$7.09B
| $29.3M | 0.01% |
736,700
+355,800
| +93% | +$14.3M |
|
1400
CALL
Beyond Meat
BYND
$210M
| $29.3M | 0.01% |
3,041,300
+500,300
| +20% | +$6.52M |
|
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.