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 | |
|---|---|---|---|---|---|---|
1976
PUT
Johnson Controls International
JCI
$92.6B
| $16.1M | ﹤0.01% |
303,400
+130,300
| +75% | +$8.04M |
|
1977
PUT
Lamb Weston
LW
$7.34B
| $16.1M | ﹤0.01% |
174,400
+121,600
| +230% | +$12.3M |
|
1978
PUT
Freshpet
FRPT
$3.51B
| $16.1M | ﹤0.01% |
244,700
-59,400
| -20% | -$4.26M |
|
1979
CALL
AeroVironment
AVAV
$9.79B
| $16.1M | ﹤0.01% |
144,500
+60,200
| +71% | +$6.06M |
|
1980
CALL
Dutch Bros
BROS
$9.13B
| $16.1M | ﹤0.01% |
693,000
-106,000
| -13% | -$3.02M |
|
1981
CALL
Alamos Gold
AGI
$14B
| $16.1M | ﹤0.01% |
1,425,600
-65,000
| -4% | -$782K |
|
1982
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.21B
| $16.1M | ﹤0.01% |
603,200
-39,300
| -6% | -$1.29M |
|
1983
CALL
IQVIA
IQV
$39.1B
| $16.1M | ﹤0.01% |
81,700
+40,500
| +98% | +$8.79M |
|
1984
United Rentals
URI
$71.7B
| $16.1M | ﹤0.01% |
36,153
-24,348
| -40% | -$11.1M |
|
1985
PUT
Global X Uranium ETF
URA
$6.29B
| $16.1M | ﹤0.01% |
594,100
+108,900
| +22% | +$2.56M |
|
|
SGI
1986
CALL
Somnigroup International
SGI
$13.9B
| $16.1M | ﹤0.01% |
370,600
+272,500
| +278% | +$12.1M |
|
1987
AGNC Investment
AGNC
$13B
| $16M | ﹤0.01% |
1,700,189
+1,375,629
| +424% | +$13.6M |
|
|
BRSL
1988
PUT
Brightstar Lottery PLC
BRSL
$2.17B
| $16M | ﹤0.01% |
529,200
-3,700
| -0.7% | -$118K |
|
1989
PUT
Manchester United
MANU
$4.18B
| $16M | ﹤0.01% |
809,600
-111,100
| -12% | -$2.42M |
|
1990
CALL
iShares MSCI ACWI ETF
ACWI
$33.5B
| $16M | ﹤0.01% |
173,300
-17,300
| -9% | -$1.66M |
|
1991
CF Industries
CF
$18B
| $16M | ﹤0.01% |
186,428
+61,443
| +49% | +$4.85M |
|
1992
Globus Medical
GMED
$11.5B
| $16M | ﹤0.01% |
321,575
+317,993
| +8,878% | +$17.8M |
|
1993
PUT
NetApp
NTAP
$40.5B
| $16M | ﹤0.01% |
210,400
-163,000
| -44% | -$12.6M |
|
1994
PUT
Camtek
CAMT
$7.53B
| $16M | ﹤0.01% |
256,200
-121,600
| -32% | -$6M |
|
|
CIVI
1995
CALL
DELISTED
Civitas Resources
CIVI
| $15.9M | ﹤0.01% |
196,800
+63,900
| +48% | +$4.94M |
|
|
FSR
1996
CALL
DELISTED
Fisker Inc.
FSR
| $15.9M | ﹤0.01% |
2,478,700
+893,000
| +56% | +$5.43M |
|
1997
CALL
ResMed
RMD
$32.6B
| $15.9M | ﹤0.01% |
107,500
-60,200
| -36% | -$10.9M |
|
1998
Interactive Brokers
IBKR
$41.7B
| $15.9M | ﹤0.01% |
733,836
-2,812
| -0.4% | -$62.6K |
|
1999
CALL
Olin
OLN
$2.16B
| $15.9M | ﹤0.01% |
317,700
+72,500
| +30% | +$3.91M |
|
2000
CALL
Credit Acceptance
CACC
$6.09B
| $15.9M | ﹤0.01% |
34,500
-12,000
| -26% | -$6.08M |
|
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.