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 | |
|---|---|---|---|---|---|---|
1776
PUT
Steel Dynamics
STLD
$37.5B
| $19.4M | ﹤0.01% |
180,600
+10,600
| +6% | +$1.1M |
|
|
WW
1777
CALL
DELISTED
WW International
WW
| $19.3M | ﹤0.01% |
1,745,500
+540,500
| +45% | +$5.31M |
|
1778
PUT
VinFast Auto
VFS
$7.32B
| $19.3M | ﹤0.01% |
+1,540,200
| New | +$40.3M |
|
1779
CALL
HF Sinclair
DINO
$16.3B
| $19.2M | ﹤0.01% |
338,100
+32,000
| +10% | +$1.74M |
|
1780
CenterPoint Energy
CNP
$26.8B
| $19.2M | ﹤0.01% |
716,438
+539,458
| +305% | +$15.6M |
|
1781
Estee Lauder
EL
$31.6B
| $19.2M | ﹤0.01% |
132,925
-144,121
| -52% | -$24M |
|
1782
PUT
RingCentral
RNG
$5.41B
| $19.2M | ﹤0.01% |
647,800
+382,000
| +144% | +$12.7M |
|
1783
Wolfspeed
WOLF
$1.6B
| $19.2M | ﹤0.01% |
503,245
+215,236
| +75% | +$11.3M |
|
1784
CALL
nCino
NCNO
$2.25B
| $19.2M | ﹤0.01% |
602,600
+500,400
| +490% | +$15.4M |
|
1785
CALL
Knight Transportation
KNX
$11.9B
| $19M | ﹤0.01% |
379,500
+168,600
| +80% | +$9.35M |
|
1786
CALL
Lincoln National
LNC
$8.78B
| $19M | ﹤0.01% |
769,100
+200,100
| +35% | +$5.23M |
|
1787
Crown Castle
CCI
$32.3B
| $19M | ﹤0.01% |
206,325
+17,561
| +9% | +$1.82M |
|
1788
PUT
Universal Display
OLED
$4.17B
| $19M | ﹤0.01% |
120,900
+28,100
| +30% | +$4.27M |
|
1789
PUT
Factset
FDS
$10B
| $19M | ﹤0.01% |
43,400
+17,700
| +69% | +$7.54M |
|
1790
Oneok
OKE
$59.5B
| $19M | ﹤0.01% |
299,105
-35,056
| -10% | -$2.29M |
|
1791
CALL
Duolingo
DUOL
$6.43B
| $19M | ﹤0.01% |
114,300
+30,000
| +36% | +$4.41M |
|
1792
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$253M
| $18.9M | ﹤0.01% |
484,300
-358,500
| -43% | -$13.3M |
|
1793
Amphenol
APH
$206B
| $18.9M | ﹤0.01% |
450,724
+91,300
| +25% | +$3.93M |
|
1794
Imperial Oil
IMO
$64.7B
| $18.9M | ﹤0.01% |
306,281
+206,781
| +208% | +$11.3M |
|
1795
PUT
Willis Towers Watson
WTW
$30.8B
| $18.8M | ﹤0.01% |
90,200
+19,000
| +27% | +$4.05M |
|
|
SAVE
1796
CALL
DELISTED
Spirit Airlines, Inc.
SAVE
| $18.8M | ﹤0.01% |
1,141,200
+494,400
| +76% | +$8.42M |
|
1797
Norfolk Southern
NSC
$76.5B
| $18.8M | ﹤0.01% |
95,561
+28,398
| +42% | +$6.14M |
|
1798
CALL
Planet Fitness
PLNT
$3.76B
| $18.8M | ﹤0.01% |
382,400
+255,600
| +202% | +$15.5M |
|
1799
Teck Resources
TECK
$31.4B
| $18.8M | ﹤0.01% |
436,416
+400,316
| +1,109% | +$16.6M |
|
1800
Western Digital
WDC
$175B
| $18.8M | ﹤0.01% |
544,629
+53,174
| +11% | +$1.68M |
|
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.