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 | |
|---|---|---|---|---|---|---|
151
PUT
Wells Fargo
WFC
$269B
| $436M | 0.09% |
10,666,300
-26,200
| -0.2% | -$1.13M |
|
|
152
Kenvue
KVUE
$36.5B
| $435M | 0.09% |
21,661,121
+21,630,768
| +71,264% | +$501M |
|
153
PUT
lululemon athletica
LULU
$13.7B
| $433M | 0.09% |
1,123,300
-62,800
| -5% | -$24M |
|
154
PUT
Zoom
ZM
$30.8B
| $433M | 0.09% |
6,190,300
+2,011,700
| +48% | +$140M |
|
155
CALL
Snowflake
SNOW
$115B
| $432M | 0.09% |
2,830,100
+139,200
| +5% | +$22.7M |
|
156
PUT
Coca-Cola
KO
$373B
| $431M | 0.09% |
7,695,900
+2,076,200
| +37% | +$125M |
|
157
CALL
Amgen
AMGN
$225B
| $427M | 0.09% |
1,590,300
+228,700
| +17% | +$57.1M |
|
158
CALL
Target
TGT
$69.9B
| $426M | 0.09% |
3,850,800
+31,200
| +0.8% | +$3.96M |
|
159
CALL
Verizon
VZ
$195B
| $426M | 0.09% |
13,136,900
+57,000
| +0.4% | +$1.93M |
|
160
CALL
CrowdStrike
CRWD
$226B
| $425M | 0.09% |
10,166,400
+2,662,800
| +35% | +$103M |
|
161
PUT
PayPal
PYPL
$50.6B
| $424M | 0.09% |
7,260,200
-528,600
| -7% | -$34.4M |
|
162
PUT
Royal Caribbean
RCL
$82.4B
| $423M | 0.09% |
4,595,600
+178,100
| +4% | +$17.8M |
|
163
PUT
Qualcomm
QCOM
$171B
| $423M | 0.09% |
3,805,500
-75,500
| -2% | -$8.76M |
|
164
PUT
State Street Industrial Select Sector SPDR ETF
XLI
$34.7B
| $421M | 0.09% |
4,156,500
-2,113,600
| -34% | -$226M |
|
165
PUT
VanEck Gold Miners ETF
GDX
$27.8B
| $421M | 0.09% |
15,632,400
-3,011,900
| -16% | -$88.8M |
|
166
PUT
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $420M | 0.09% |
5,221,800
-329,400
| -6% | -$27.8M |
|
167
PUT
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| $420M | 0.09% |
10,059,200
+1,570,300
| +18% | +$70M |
|
|
168
CALL
Coca-Cola
KO
$373B
| $418M | 0.09% |
7,472,100
+592,700
| +9% | +$35.5M |
|
169
CALL
ProShares UltraPro QQQ
TQQQ
$37.4B
| $418M | 0.09% |
23,486,000
-6,029,800
| -20% | -$122M |
|
170
CALL
Union Pacific
UNP
$174B
| $412M | 0.09% |
2,024,100
+677,400
| +50% | +$148M |
|
171
CALL
Lowe's Companies
LOW
$121B
| $411M | 0.09% |
1,979,300
+428,500
| +28% | +$96.4M |
|
172
CALL
iShares Silver Trust
SLV
$31.8B
| $411M | 0.09% |
20,197,100
-6,732,100
| -25% | -$145M |
|
|
173
Alphabet (Google) Class A
GOOGL
$4.2T
| $408M | 0.08% |
3,117,925
-3,498,252
| -53% | -$453M |
|
174
CALL
Shopify
SHOP
$194B
| $405M | 0.08% |
7,428,000
+1,232,700
| +20% | +$74.7M |
|
175
PUT
AbbVie
ABBV
$440B
| $404M | 0.08% |
2,707,600
-215,800
| -7% | -$31.7M |
|
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.