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 | |
|---|---|---|---|---|---|---|
1551
PUT
Canadian Solar
CSIQ
$1.04B
| $24.3M | 0.01% |
986,700
-184,100
| -16% | -$5.82M |
|
1552
CALL
ProShares UltraPro Short S&P 500
SPXU
$378M
| $24.2M | 0.01% |
101,350
+28,310
| +39% | +$6.06M |
|
1553
Ameriprise Financial
AMP
$49.9B
| $24.2M | 0.01% |
73,444
-10,070
| -12% | -$3.44M |
|
1554
CALL
Western Alliance Bancorporation
WAL
$8.92B
| $24.2M | 0.01% |
526,700
-1,361,700
| -72% | -$64.3M |
|
1555
iShares Global Infrastructure ETF
IGF
$10.7B
| $24.1M | 0.01% |
557,485
+535,506
| +2,436% | +$24.6M |
|
1556
W.R. Berkley
WRB
$25.9B
| $24.1M | 0.01% |
569,972
+2,988
| +0.5% | +$124K |
|
1557
PENN Entertainment
PENN
$2.57B
| $24M | 0.01% |
1,047,279
+711,571
| +212% | +$17.2M |
|
1558
PUT
Toast
TOST
$19.7B
| $24M | 0.01% |
1,282,700
+896,800
| +232% | +$19.5M |
|
1559
Fortive
FTV
$18.6B
| $24M | 0.01% |
429,868
+54,955
| +15% | +$3.16M |
|
1560
PUT
Cencora
COR
$60B
| $24M | 0.01% |
133,400
+38,800
| +41% | +$7.17M |
|
1561
PUT
Aramark
ARMK
$16.1B
| $24M | 0.01% |
958,005
+6,648
| +0.7% | +$186K |
|
|
JWN
1562
PUT
DELISTED
Nordstrom
JWN
| $24M | 0.01% |
1,606,100
+393,200
| +32% | +$7.21M |
|
|
APO.PRA
1563
DELISTED
Apollo Global Management Series A
APO.PRA
| $24M | 0.01% |
+435,196
| New | +$23.5M |
|
1564
CALL
Boyd Gaming
BYD
$6.03B
| $24M | 0.01% |
394,200
-4,900
| -1% | -$326K |
|
1565
Sigma Lithium
SGML
$1.27B
| $23.9M | 0.01% |
736,981
+317,832
| +76% | +$11.4M |
|
1566
PUT
Agilent Technologies
A
$41.9B
| $23.9M | 0.01% |
213,700
+29,000
| +16% | +$3.47M |
|
1567
CALL
Exelon
EXC
$46.6B
| $23.9M | 0.01% |
632,000
-598,500
| -49% | -$24.4M |
|
1568
CALL
AGNC Investment
AGNC
$13B
| $23.8M | ﹤0.01% |
2,517,400
-463,900
| -16% | -$4.59M |
|
1569
AB InBev
BUD
$156B
| $23.8M | ﹤0.01% |
429,508
+81,742
| +24% | +$4.63M |
|
1570
Coinbase
COIN
$40.6B
| $23.7M | ﹤0.01% |
315,747
+264,421
| +515% | +$22.3M |
|
1571
PUT
Winnebago Industries
WGO
$915M
| $23.7M | ﹤0.01% |
398,700
+128,800
| +48% | +$8.35M |
|
1572
PUT
Kohl's
KSS
$2.19B
| $23.7M | ﹤0.01% |
1,130,600
+533,400
| +89% | +$13.5M |
|
1573
CALL
iShares Global Clean Energy ETF
ICLN
$2.11B
| $23.7M | ﹤0.01% |
1,620,400
+90,200
| +6% | +$1.51M |
|
1574
CALL
Asana
ASAN
$2.28B
| $23.7M | ﹤0.01% |
1,292,300
+375,700
| +41% | +$7.85M |
|
1575
PUT
VanEck Junior Gold Miners ETF
GDXJ
$8.33B
| $23.6M | ﹤0.01% |
732,600
-247,100
| -25% | -$8.76M |
|
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.