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 | |
|---|---|---|---|---|---|---|
1851
PUT
Ecolab
ECL
$77.1B
| $17.9M | ﹤0.01% |
105,700
-27,400
| -21% | -$4.98M |
|
1852
Teradyne
TER
$63.4B
| $17.9M | ﹤0.01% |
178,161
-23,884
| -12% | -$2.52M |
|
1853
PUT
Teladoc Health
TDOC
$1.25B
| $17.9M | ﹤0.01% |
962,000
+210,000
| +28% | +$4.9M |
|
1854
CALL
Bank of Montreal
BMO
$129B
| $17.8M | ﹤0.01% |
210,700
+45,600
| +28% | +$4.01M |
|
1855
Moody's
MCO
$83.3B
| $17.8M | ﹤0.01% |
56,153
-39,202
| -41% | -$13.3M |
|
|
AKRO
1856
DELISTED
Akero Therapeutics
AKRO
| $17.7M | ﹤0.01% |
350,909
+256,446
| +271% | +$11.9M |
|
1857
PUT
Bilibili
BILI
$7.25B
| $17.7M | ﹤0.01% |
1,288,900
+138,500
| +12% | +$2.14M |
|
1858
CALL
Arthur J. Gallagher & Co
AJG
$64.2B
| $17.7M | ﹤0.01% |
77,800
-13,800
| -15% | -$3.09M |
|
|
GTLS
1859
CALL
DELISTED
Chart Industries
GTLS
| $17.7M | ﹤0.01% |
104,800
+47,300
| +82% | +$7.95M |
|
1860
KeyCorp
KEY
$24.9B
| $17.7M | ﹤0.01% |
1,647,007
-44,017
| -3% | -$487K |
|
1861
PUT
Baxter International
BAX
$13.8B
| $17.7M | ﹤0.01% |
469,500
-460,900
| -50% | -$19.6M |
|
1862
PUT
Vertiv
VRT
$113B
| $17.7M | ﹤0.01% |
476,200
+208,000
| +78% | +$6.86M |
|
1863
Trane Technologies
TT
$105B
| $17.7M | ﹤0.01% |
87,292
+18,163
| +26% | +$3.64M |
|
1864
PUT
Southern Copper
SCCO
$159B
| $17.7M | ﹤0.01% |
256,758
+129,580
| +102% | +$9.36M |
|
1865
CALL
KBR
KBR
$4.83B
| $17.7M | ﹤0.01% |
300,100
+266,000
| +780% | +$16.4M |
|
1866
CALL
Bank OZK
OZK
$5.75B
| $17.7M | ﹤0.01% |
476,800
-9,100
| -2% | -$369K |
|
1867
PUT
iShares Select Dividend ETF
DVY
$24.1B
| $17.7M | ﹤0.01% |
164,200
-21,200
| -11% | -$2.41M |
|
1868
CALL
Lear
LEA
$8.25B
| $17.7M | ﹤0.01% |
131,700
+66,800
| +103% | +$9.66M |
|
1869
PUT
iShares US Technology ETF
IYW
$25.7B
| $17.7M | ﹤0.01% |
168,300
+124,400
| +283% | +$13.5M |
|
1870
PUT
Bumble
BMBL
$358M
| $17.6M | ﹤0.01% |
1,182,700
+860,900
| +268% | +$14.6M |
|
|
DAY
1871
CALL
DELISTED
Dayforce
DAY
| $17.6M | ﹤0.01% |
259,900
+218,300
| +525% | +$15.4M |
|
1872
PUT
VICI Properties
VICI
$29B
| $17.6M | ﹤0.01% |
605,500
+444,600
| +276% | +$13.8M |
|
1873
PUT
Sunrun
RUN
$2.5B
| $17.6M | ﹤0.01% |
1,401,800
-176,300
| -11% | -$2.9M |
|
1874
DuPont de Nemours
DD
$19.7B
| $17.6M | ﹤0.01% |
188,011
+34,230
| +22% | +$3.22M |
|
1875
PUT
Genuine Parts
GPC
$18.6B
| $17.5M | ﹤0.01% |
121,500
+28,800
| +31% | +$4.47M |
|
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.