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 | |
|---|---|---|---|---|---|---|
1801
PUT
SentinelOne
S
$7.98B
| $18.8M | ﹤0.01% |
1,114,100
+38,600
| +4% | +$610K |
|
|
TWNK
1802
PUT
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $18.8M | ﹤0.01% |
+563,800
| New | +$15.1M |
|
1803
Pinnacle West Capital
PNW
$12.3B
| $18.7M | ﹤0.01% |
253,808
+60,287
| +31% | +$4.78M |
|
1804
CALL
iShares MBS ETF
MBB
$39.1B
| $18.7M | ﹤0.01% |
210,500
+80,600
| +62% | +$7.37M |
|
1805
CALL
GE HealthCare
GEHC
$33.3B
| $18.7M | ﹤0.01% |
274,600
+172,700
| +169% | +$12.6M |
|
1806
CALL
iShares MSCI India ETF
INDA
$6.57B
| $18.7M | ﹤0.01% |
422,300
+227,500
| +117% | +$10.1M |
|
1807
KraneShares CSI China Internet ETF
KWEB
$5.34B
| $18.6M | ﹤0.01% |
681,295
-1,131,996
| -62% | -$32.2M |
|
1808
PUT
TotalEnergies
TTE
$195B
| $18.6M | ﹤0.01% |
283,500
-55,300
| -16% | -$3.42M |
|
1809
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.43B
| $18.6M | ﹤0.01% |
238,354
+172,216
| +260% | +$15.4M |
|
1810
CALL
Globant
GLOB
$1.65B
| $18.6M | ﹤0.01% |
94,100
-9,100
| -9% | -$1.7M |
|
1811
PUT
PVH
PVH
$3.75B
| $18.6M | ﹤0.01% |
243,200
+153,800
| +172% | +$12.7M |
|
1812
PUT
Molina Healthcare
MOH
$10.9B
| $18.6M | ﹤0.01% |
56,700
+2,800
| +5% | +$881K |
|
1813
CALL
ProShares Short VIX Short-Term Futures ETF
SVXY
$234M
| $18.6M | ﹤0.01% |
430,000
-399,600
| -48% | -$17.4M |
|
|
K
1814
DELISTED
Kellanova
K
| $18.6M | ﹤0.01% |
332,150
+181,816
| +121% | +$10.8M |
|
|
MASI
1815
DELISTED
Masimo
MASI
| $18.6M | ﹤0.01% |
211,632
+200,638
| +1,825% | +$23.4M |
|
1816
CALL
Direxion Daily Financial Bull 3x ETF
FAS
$2.49B
| $18.5M | ﹤0.01% |
315,600
-193,500
| -38% | -$12.9M |
|
1817
Cognizant
CTSH
$26.2B
| $18.5M | ﹤0.01% |
272,578
+126,712
| +87% | +$8.74M |
|
1818
PUT
Quanta Services
PWR
$103B
| $18.5M | ﹤0.01% |
98,700
-24,000
| -20% | -$4.81M |
|
1819
PUT
Alaska Air
ALK
$5.3B
| $18.5M | ﹤0.01% |
497,600
+253,900
| +104% | +$11.5M |
|
1820
Corteva
CTVA
$50.9B
| $18.4M | ﹤0.01% |
360,632
+38,441
| +12% | +$2.04M |
|
1821
PUT
UiPath
PATH
$8.32B
| $18.4M | ﹤0.01% |
1,076,000
+149,300
| +16% | +$2.49M |
|
1822
CALL
DaVita
DVA
$11.5B
| $18.4M | ﹤0.01% |
194,600
-1,400
| -0.7% | -$143K |
|
1823
PUT
Consolidated Edison
ED
$40.1B
| $18.4M | ﹤0.01% |
215,000
+140,100
| +187% | +$12.8M |
|
1824
PUT
Qorvo
QRVO
$8.69B
| $18.4M | ﹤0.01% |
192,600
+71,400
| +59% | +$7.29M |
|
1825
PUT
Charles River Laboratories
CRL
$13.3B
| $18.4M | ﹤0.01% |
93,800
+34,700
| +59% | +$7.12M |
|
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.