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 | |
|---|---|---|---|---|---|---|
1751
iShares Silver Trust
SLV
$31.3B
| $19.8M | ﹤0.01% |
972,039
+378,472
| +64% | +$8.18M |
|
1752
EQT Corp
EQT
$33.8B
| $19.8M | ﹤0.01% |
487,149
+16,526
| +4% | +$684K |
|
1753
Baker Hughes
BKR
$63B
| $19.8M | ﹤0.01% |
559,434
+119,866
| +27% | +$4.24M |
|
|
PR
1754
CALL
Permian Resources
PR
$17.7B
| $19.7M | ﹤0.01% |
1,414,500
+219,800
| +18% | +$2.76M |
|
1755
PUT
Edwards Lifesciences
EW
$53.4B
| $19.7M | ﹤0.01% |
284,400
+101,100
| +55% | +$8.12M |
|
1756
AvalonBay Communities
AVB
$25.7B
| $19.7M | ﹤0.01% |
114,637
-28,349
| -20% | -$5.24M |
|
1757
CALL
Banco Santander
SAN
$211B
| $19.7M | ﹤0.01% |
5,234,700
+115,900
| +2% | +$440K |
|
1758
CALL
DigitalOcean
DOCN
$15.6B
| $19.7M | ﹤0.01% |
819,000
+119,600
| +17% | +$4.24M |
|
1759
ResMed
RMD
$32.8B
| $19.7M | ﹤0.01% |
132,980
+48,229
| +57% | +$8.72M |
|
1760
CALL
Bilibili
BILI
$7.14B
| $19.7M | ﹤0.01% |
1,427,900
+406,300
| +40% | +$6.27M |
|
1761
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.49B
| $19.7M | ﹤0.01% |
1,270,300
+798,900
| +169% | +$13.2M |
|
1762
PUT
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $19.6M | ﹤0.01% |
620,700
-417,500
| -40% | -$13.5M |
|
1763
Cboe Global Markets
CBOE
$30.4B
| $19.6M | ﹤0.01% |
125,691
+74,791
| +147% | +$11M |
|
1764
CALL
Corpay
CPAY
$27.9B
| $19.6M | ﹤0.01% |
76,800
+12,000
| +19% | +$3.14M |
|
1765
PUT
Olin
OLN
$2.17B
| $19.6M | ﹤0.01% |
392,100
+199,500
| +104% | +$10.8M |
|
1766
Tractor Supply
TSCO
$18.8B
| $19.5M | ﹤0.01% |
480,470
+41,980
| +10% | +$1.82M |
|
1767
CALL
IonQ
IONQ
$18.2B
| $19.5M | ﹤0.01% |
1,311,000
-258,300
| -16% | -$4.06M |
|
1768
Telephone and Data Systems
TDS
$4.03B
| $19.5M | ﹤0.01% |
1,065,047
+649,835
| +157% | +$9.38M |
|
1769
PUT
-1x Short VIX Futures ETF
SVIX
$171M
| $19.5M | ﹤0.01% |
699,100
+66,100
| +10% | +$1.91M |
|
1770
PUT
Vanguard Dividend Appreciation ETF
VIG
$115B
| $19.5M | ﹤0.01% |
125,400
-14,900
| -11% | -$2.42M |
|
1771
PUT
Frontline
FRO
$9.02B
| $19.5M | ﹤0.01% |
1,037,500
+170,500
| +20% | +$2.87M |
|
1772
CALL
MPLX
MPLX
$59.6B
| $19.4M | ﹤0.01% |
546,800
-262,200
| -32% | -$9.15M |
|
1773
Diamondback Energy
FANG
$55.9B
| $19.4M | ﹤0.01% |
125,387
-32,210
| -20% | -$4.75M |
|
1774
CALL
VeriSign
VRSN
$25.6B
| $19.4M | ﹤0.01% |
95,800
+38,900
| +68% | +$8.08M |
|
1775
CALL
Mettler-Toledo International
MTD
$28.8B
| $19.4M | ﹤0.01% |
17,500
+1,200
| +7% | +$1.47M |
|
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.