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 | |
|---|---|---|---|---|---|---|
|
SWAV
1526
CALL
DELISTED
Shockwave Medical, Inc. Common Stock
SWAV
| $25M | 0.01% |
125,400
+39,200
| +45% | +$9.27M |
|
1527
Paycom
PAYC
$9.52B
| $25M | 0.01% |
96,286
+33,837
| +54% | +$10.3M |
|
1528
Generac Holdings
GNRC
$13.1B
| $25M | 0.01% |
228,993
+115,750
| +102% | +$14.3M |
|
1529
MGM Resorts International
MGM
$11.1B
| $24.9M | 0.01% |
678,573
-266,205
| -28% | -$11.8M |
|
1530
CALL
Elastic
ESTC
$8.94B
| $24.9M | 0.01% |
306,600
+180,700
| +144% | +$12.3M |
|
1531
PUT
Keysight
KEYS
$60.6B
| $24.9M | 0.01% |
188,200
+94,000
| +100% | +$13.9M |
|
1532
CALL
Aptiv
APTV
$10.2B
| $24.8M | 0.01% |
251,400
-8,700
| -3% | -$899K |
|
1533
First Solar
FSLR
$24B
| $24.8M | 0.01% |
153,362
-136,953
| -47% | -$25.6M |
|
1534
Waters Corp
WAT
$40.9B
| $24.8M | 0.01% |
90,262
+5,171
| +6% | +$1.43M |
|
1535
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $24.7M | 0.01% |
810,200
-26,200
| -3% | -$764K |
|
1536
CALL
NCR Voyix
VYX
$1.17B
| $24.7M | 0.01% |
1,494,058
-36,349
| -2% | -$619K |
|
|
FITB
1537
Fifth Third Bancorp
FITB
$52.6B
| $24.7M | 0.01% |
974,239
+483,620
| +99% | +$13M |
|
1538
CALL
Universal Display
OLED
$4.23B
| $24.7M | 0.01% |
157,100
-1,300
| -0.8% | -$197K |
|
1539
PUT
Sprott Uranium Miners ETF
URNM
$2B
| $24.7M | 0.01% |
522,800
+370,100
| +242% | +$13.9M |
|
1540
PUT
Toll Brothers
TOL
$13.9B
| $24.6M | 0.01% |
332,600
-58,700
| -15% | -$4.63M |
|
1541
CALL
Pan American Silver
PAAS
$19.9B
| $24.6M | 0.01% |
1,696,300
-601,000
| -26% | -$9.4M |
|
1542
CALL
ProShares UltraPro Short 20+ Year Treasury
TTT
$18.3M
| $24.6M | 0.01% |
244,900
+131,900
| +117% | +$10.6M |
|
1543
Riot Platforms
RIOT
$7.21B
| $24.5M | 0.01% |
2,630,789
+1,942,144
| +282% | +$26.7M |
|
1544
MSCI
MSCI
$40.9B
| $24.5M | 0.01% |
47,804
+27,073
| +131% | +$14.2M |
|
1545
CALL
Spectrum Brands
SPB
$2.03B
| $24.5M | 0.01% |
312,800
-124,600
| -28% | -$9.83M |
|
1546
CALL
Raymond James Financial
RJF
$34.9B
| $24.5M | 0.01% |
243,700
+108,400
| +80% | +$11.5M |
|
1547
CALL
Tenet Healthcare
THC
$21.5B
| $24.5M | 0.01% |
371,400
-74,600
| -17% | -$5.58M |
|
1548
CALL
Corteva
CTVA
$50.4B
| $24.4M | 0.01% |
477,600
+81,800
| +21% | +$4.33M |
|
1549
CALL
KE Holdings
BEKE
$19.2B
| $24.3M | 0.01% |
1,568,600
+523,700
| +50% | +$8.32M |
|
1550
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $24.3M | 0.01% |
53,197
-73,800
| -58% | -$35.4M |
|
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.