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 | |
|---|---|---|---|---|---|---|
1676
Liberty Broadband Class C
LBRDK
$5.07B
| $21.1M | ﹤0.01% |
231,573
+161,073
| +228% | +$14.4M |
|
1677
CALL
Tilray
TLRY
$640M
| $21.1M | ﹤0.01% |
884,710
+144,680
| +20% | +$3.41M |
|
|
EXAS
1678
CALL
DELISTED
Exact Sciences
EXAS
| $21.1M | ﹤0.01% |
309,400
-322,500
| -51% | -$27.4M |
|
1679
WIX.com
WIX
$3.35B
| $21.1M | ﹤0.01% |
229,807
-120,113
| -34% | -$10.7M |
|
1680
CALL
Shift4
FOUR
$3.79B
| $21.1M | ﹤0.01% |
380,800
-170,200
| -31% | -$10.4M |
|
1681
NetEase
NTES
$78.5B
| $21.1M | ﹤0.01% |
210,446
+136,981
| +186% | +$14M |
|
1682
Aflac
AFL
$60.5B
| $21.1M | ﹤0.01% |
274,461
+50,536
| +23% | +$3.75M |
|
1683
CALL
Star Bulk Carriers
SBLK
$3.11B
| $21M | ﹤0.01% |
1,089,800
-56,200
| -5% | -$1M |
|
1684
Sunoco
SUN
$14.2B
| $21M | ﹤0.01% |
428,771
+411,759
| +2,420% | +$18.7M |
|
1685
Inspire Medical Systems
INSP
$1.68B
| $21M | ﹤0.01% |
105,727
-81,763
| -44% | -$20.6M |
|
1686
Albemarle
ALB
$15.4B
| $21M | ﹤0.01% |
123,380
-163,630
| -57% | -$32.6M |
|
1687
Atmos Energy
ATO
$28.7B
| $20.9M | ﹤0.01% |
197,561
+89,105
| +82% | +$10.4M |
|
1688
Alcoa
AA
$13.1B
| $20.9M | ﹤0.01% |
719,743
-48,615
| -6% | -$1.52M |
|
1689
CALL
Neurocrine Biosciences
NBIX
$15.3B
| $20.9M | ﹤0.01% |
185,800
+42,000
| +29% | +$4.42M |
|
1690
PUT
Kinder Morgan
KMI
$71.4B
| $20.9M | ﹤0.01% |
1,260,700
-147,200
| -10% | -$2.54M |
|
1691
CALL
US Global Jets ETF
JETS
$832M
| $20.9M | ﹤0.01% |
1,226,300
+382,100
| +45% | +$7.54M |
|
1692
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $20.9M | ﹤0.01% |
532,100
+111,100
| +26% | +$4.54M |
|
1693
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.6B
| $20.8M | ﹤0.01% |
377,800
+97,700
| +35% | +$5.97M |
|
1694
PUT
Thor Industries
THO
$4.11B
| $20.8M | ﹤0.01% |
218,900
+93,600
| +75% | +$9.78M |
|
1695
CALL
Yelp
YELP
$1.28B
| $20.7M | ﹤0.01% |
498,800
+206,400
| +71% | +$8.68M |
|
1696
ProShares Bitcoin Strategy ETF
BITO
$1.43B
| $20.7M | ﹤0.01% |
1,501,853
-2,675,336
| -64% | -$39.2M |
|
1697
PUT
KeyCorp
KEY
$24.6B
| $20.7M | ﹤0.01% |
1,926,600
+171,000
| +10% | +$1.89M |
|
1698
CALL
iShares Core S&P Mid-Cap ETF
IJH
$128B
| $20.7M | ﹤0.01% |
415,500
-189,500
| -31% | -$9.93M |
|
|
API
1699
Agora
API
$408M
| $20.7M | ﹤0.01% |
8,189,675
| – | – |
|
1700
CALL
West Pharmaceutical
WST
$24.8B
| $20.7M | ﹤0.01% |
55,100
-52,900
| -49% | -$20.5M |
|
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.