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 | |
|---|---|---|---|---|---|---|
1726
Palantir
PLTR
$430B
| $20.1M | ﹤0.01% |
1,258,619
+509,063
| +68% | +$8.11M |
|
1727
PUT
InMode
INMD
$876M
| $20.1M | ﹤0.01% |
660,700
-418,100
| -39% | -$16.4M |
|
1728
CALL
Carlyle Group
CG
$18.3B
| $20.1M | ﹤0.01% |
667,100
+85,400
| +15% | +$2.75M |
|
1729
PUT
BRC Group Holdings
RILY
$303M
| $20.1M | ﹤0.01% |
490,600
-38,700
| -7% | -$1.91M |
|
1730
CALL
International Paper
IP
$21.8B
| $20.1M | ﹤0.01% |
566,900
+197,300
| +53% | +$6.71M |
|
1731
CALL
Molina Healthcare
MOH
$10.8B
| $20.1M | ﹤0.01% |
61,300
-27,200
| -31% | -$8.56M |
|
1732
CALL
Green Plains
GPRE
$1.09B
| $20.1M | ﹤0.01% |
667,700
+310,200
| +87% | +$10.2M |
|
1733
Okta
OKTA
$26.9B
| $20.1M | ﹤0.01% |
246,300
-453,595
| -65% | -$34.4M |
|
|
FL
1734
CALL
DELISTED
Foot Locker
FL
| $20.1M | ﹤0.01% |
1,156,300
+6,500
| +0.6% | +$145K |
|
1735
Booz Allen Hamilton
BAH
$9.43B
| $20.1M | ﹤0.01% |
183,552
+20,810
| +13% | +$2.39M |
|
1736
QuantumScape Corp
QS
$3.79B
| $20M | ﹤0.01% |
2,995,150
+2,083,450
| +229% | +$17M |
|
|
CFLT
1737
CALL
DELISTED
Confluent
CFLT
| $20M | ﹤0.01% |
676,500
-14,100
| -2% | -$473K |
|
1738
PUT
Duolingo
DUOL
$6.74B
| $20M | ﹤0.01% |
120,500
-33,900
| -22% | -$4.99M |
|
1739
Royal Caribbean
RCL
$82.9B
| $20M | ﹤0.01% |
216,616
-16,807
| -7% | -$1.68M |
|
1740
CALL
Winnebago Industries
WGO
$915M
| $20M | ﹤0.01% |
335,600
+174,900
| +109% | +$11.3M |
|
1741
VICI Properties
VICI
$29B
| $19.9M | ﹤0.01% |
685,526
+375,211
| +121% | +$11.6M |
|
1742
CMS Energy
CMS
$22B
| $19.9M | ﹤0.01% |
375,210
+242,158
| +182% | +$14M |
|
1743
CALL
Noble Corp
NE
$7.07B
| $19.9M | ﹤0.01% |
393,300
+226,400
| +136% | +$11.5M |
|
1744
PUT
Bath & Body Works
BBWI
$3.76B
| $19.9M | ﹤0.01% |
589,100
+171,700
| +41% | +$6.24M |
|
1745
Baxter International
BAX
$14B
| $19.9M | ﹤0.01% |
527,058
+257,733
| +96% | +$11M |
|
1746
Bank of Montreal
BMO
$129B
| $19.8M | ﹤0.01% |
235,230
-91,966
| -28% | -$8.08M |
|
1747
IQVIA
IQV
$39.8B
| $19.8M | ﹤0.01% |
100,747
+51,553
| +105% | +$11.2M |
|
1748
Edwards Lifesciences
EW
$53.6B
| $19.8M | ﹤0.01% |
285,885
+23,177
| +9% | +$1.86M |
|
1749
American International
AIG
$39.8B
| $19.8M | ﹤0.01% |
326,684
-179,026
| -35% | -$10.7M |
|
1750
CALL
Steris
STE
$23B
| $19.8M | ﹤0.01% |
90,200
+27,200
| +43% | +$6.15M |
|
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.