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 | |
|---|---|---|---|---|---|---|
1651
CALL
Textron
TXT
$15.3B
| $21.8M | ﹤0.01% |
278,900
+117,400
| +73% | +$8.75M |
|
1652
CALL
Sempra
SRE
$56.5B
| $21.8M | ﹤0.01% |
319,900
+175,900
| +122% | +$12.7M |
|
1653
CALL
Fastly Inc
FSLY
$4.78B
| $21.7M | ﹤0.01% |
1,134,100
+342,600
| +43% | +$6.69M |
|
1654
CALL
Marathon Digital Holdings
MARA
$3.56B
| $21.7M | ﹤0.01% |
2,555,500
-709,400
| -22% | -$9.52M |
|
1655
RLI Corp
RLI
$5.87B
| $21.7M | ﹤0.01% |
318,910
-171,514
| -35% | -$11.6M |
|
1656
PUT
BJs Wholesale Club
BJ
$11.8B
| $21.7M | ﹤0.01% |
303,500
+157,800
| +108% | +$10.6M |
|
1657
PUT
Ovintiv
OVV
$17.5B
| $21.6M | ﹤0.01% |
454,400
-12,800
| -3% | -$580K |
|
1658
PUT
Aon
AON
$75.7B
| $21.6M | ﹤0.01% |
66,600
-21,400
| -24% | -$7.08M |
|
1659
Digital Realty Trust
DLR
$73.1B
| $21.6M | ﹤0.01% |
178,296
+32,076
| +22% | +$3.94M |
|
|
SWN
1660
DELISTED
Southwestern Energy Company
SWN
| $21.5M | ﹤0.01% |
3,340,499
+823,452
| +33% | +$5.25M |
|
1661
Williams Companies
WMB
$90.1B
| $21.5M | ﹤0.01% |
639,249
+106,475
| +20% | +$3.63M |
|
1662
CALL
ArcelorMittal
MT
$55.2B
| $21.5M | ﹤0.01% |
859,400
+570,700
| +198% | +$15.2M |
|
1663
CALL
Fortive
FTV
$18.6B
| $21.4M | ﹤0.01% |
382,574
+73,781
| +24% | +$4.24M |
|
1664
CALL
Enbridge
ENB
$112B
| $21.4M | ﹤0.01% |
643,700
+40,900
| +7% | +$1.45M |
|
1665
CALL
Kinross Gold
KGC
$31.9B
| $21.3M | ﹤0.01% |
4,674,500
-1,437,200
| -24% | -$7.05M |
|
|
MRSH
1666
CALL
Marsh
MRSH
$90.1B
| $21.3M | ﹤0.01% |
112,000
+35,100
| +46% | +$6.73M |
|
1667
CALL
Axsome Therapeutics
AXSM
$11.2B
| $21.3M | ﹤0.01% |
304,900
-45,000
| -13% | -$3.36M |
|
1668
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.45B
| $21.3M | ﹤0.01% |
133,300
-189,200
| -59% | -$31.4M |
|
1669
PUT
Martin Marietta Materials
MLM
$32.7B
| $21.3M | ﹤0.01% |
51,800
-15,400
| -23% | -$6.81M |
|
1670
PUT
Waters Corp
WAT
$40.6B
| $21.3M | ﹤0.01% |
77,500
+800
| +1% | +$221K |
|
1671
American Homes 4 Rent
AMH
$12.2B
| $21.2M | ﹤0.01% |
628,961
+621,073
| +7,874% | +$22.3M |
|
1672
PUT
Lucid Motors
LCID
$2.54B
| $21.2M | ﹤0.01% |
378,890
-94,760
| -20% | -$6.13M |
|
1673
CALL
SentinelOne
S
$8.17B
| $21.2M | ﹤0.01% |
1,256,000
-697,200
| -36% | -$11M |
|
1674
CALL
American Water Works
AWK
$26.8B
| $21.2M | ﹤0.01% |
170,900
-38,500
| -18% | -$5.4M |
|
1675
Coupang
CPNG
$29.3B
| $21.2M | ﹤0.01% |
1,244,713
+1,016,770
| +446% | +$18.3M |
|
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.