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 | |
|---|---|---|---|---|---|---|
1951
PUT
Jabil
JBL
$38.2B
| $16.4M | ﹤0.01% |
129,300
+31,400
| +32% | +$3.43M |
|
1952
Plug Power
PLUG
$3.24B
| $16.3M | ﹤0.01% |
2,150,889
+1,198,349
| +126% | +$11.7M |
|
1953
CALL
StoneCo
STNE
$2.33B
| $16.3M | ﹤0.01% |
1,531,700
+157,200
| +11% | +$1.93M |
|
1954
CALL
Mattel
MAT
$4.3B
| $16.3M | ﹤0.01% |
741,700
+371,000
| +100% | +$7.92M |
|
1955
CALL
PTC
PTC
$16.4B
| $16.3M | ﹤0.01% |
115,300
+9,900
| +9% | +$1.42M |
|
|
KRTX
1956
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $16.3M | ﹤0.01% |
96,600
-6,200
| -6% | -$1.17M |
|
1957
CALL
Costamare
CMRE
$1.76B
| $16.3M | ﹤0.01% |
1,696,800
-119,800
| -7% | -$1.22M |
|
1958
Lennar Class A
LEN
$20.9B
| $16.3M | ﹤0.01% |
149,946
+4,127
| +3% | +$484K |
|
1959
PUT
Fidelity National Information Services
FIS
$22.2B
| $16.3M | ﹤0.01% |
294,700
-200,600
| -41% | -$11.5M |
|
1960
CALL
First Horizon
FHN
$12.4B
| $16.3M | ﹤0.01% |
1,478,000
-439,100
| -23% | -$5.44M |
|
|
CNR
1961
Core Natural Resources Inc
CNR
$4.77B
| $16.3M | ﹤0.01% |
155,248
+79,693
| +105% | +$6.51M |
|
1962
Huntsman Corp
HUN
$1.8B
| $16.3M | ﹤0.01% |
666,785
+413,343
| +163% | +$11.2M |
|
1963
CALL
Frontline
FRO
$9.16B
| $16.3M | ﹤0.01% |
866,200
+428,700
| +98% | +$7.21M |
|
1964
CALL
AvalonBay Communities
AVB
$26.4B
| $16.3M | ﹤0.01% |
94,700
+64,000
| +208% | +$11.8M |
|
1965
Celsius Holdings
CELH
$7.25B
| $16.2M | ﹤0.01% |
284,079
-127,362
| -31% | -$7.16M |
|
1966
CALL
Vanguard Morningstar Value ETF
VTV
$194B
| $16.2M | ﹤0.01% |
117,800
-85,100
| -42% | -$12.2M |
|
1967
Rivian
RIVN
$22.6B
| $16.2M | ﹤0.01% |
668,781
-718,427
| -52% | -$16.8M |
|
1968
PUT
Yum China
YUMC
$16.2B
| $16.2M | ﹤0.01% |
291,300
+184,100
| +172% | +$10.3M |
|
1969
Check Point Software Technologies
CHKP
$13.5B
| $16.2M | ﹤0.01% |
121,750
-11,413
| -9% | -$1.5M |
|
1970
CALL
InMode
INMD
$874M
| $16.2M | ﹤0.01% |
532,000
-132,800
| -20% | -$5.21M |
|
1971
CALL
Agilent Technologies
A
$42B
| $16.2M | ﹤0.01% |
144,900
+52,300
| +56% | +$6.27M |
|
1972
CALL
ProShares UltraPro Dow 30
UDOW
$923M
| $16.2M | ﹤0.01% |
601,400
-59,000
| -9% | -$1.78M |
|
1973
Tower Semiconductor
TSEM
$29.9B
| $16.2M | ﹤0.01% |
657,841
+641,981
| +4,048% | +$20.6M |
|
|
1974
Fidelity National Information Services
FIS
$22.2B
| $16.2M | ﹤0.01% |
292,206
-116,474
| -29% | -$6.7M |
|
1975
Applovin
APP
$107B
| $16.1M | ﹤0.01% |
404,018
+373,064
| +1,205% | +$13.2M |
|
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.