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 | |
|---|---|---|---|---|---|---|
2001
Broadridge
BR
$19.4B
| $15.9M | ﹤0.01% |
88,641
+8,127
| +10% | +$1.44M |
|
2002
Revvity
RVTY
$13B
| $15.9M | ﹤0.01% |
143,294
-14,706
| -9% | -$1.73M |
|
|
BPMC
2003
DELISTED
Blueprint Medicines
BPMC
| $15.8M | ﹤0.01% |
315,581
+177,592
| +129% | +$9.49M |
|
2004
PUT
Sony
SONY
$142B
| $15.8M | ﹤0.01% |
961,000
-667,000
| -41% | -$11.6M |
|
|
SWN
2005
PUT
DELISTED
Southwestern Energy Company
SWN
| $15.8M | ﹤0.01% |
2,452,700
+115,000
| +5% | +$733K |
|
2006
Noble Corp
NE
$7.23B
| $15.8M | ﹤0.01% |
312,246
-171,486
| -35% | -$8.74M |
|
2007
PUT
Matador Resources
MTDR
$6.56B
| $15.8M | ﹤0.01% |
265,800
+47,300
| +22% | +$2.76M |
|
2008
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $15.8M | ﹤0.01% |
139,682
+32,557
| +30% | +$3.72M |
|
|
JNPR
2009
DELISTED
Juniper Networks
JNPR
| $15.8M | ﹤0.01% |
568,659
-58,853
| -9% | -$1.69M |
|
2010
Hormel Foods
HRL
$13.5B
| $15.8M | ﹤0.01% |
415,332
+110,804
| +36% | +$4.37M |
|
2011
PUT
iShares MSCI South Korea ETF
EWY
$27.7B
| $15.8M | ﹤0.01% |
267,900
+136,100
| +103% | +$8.64M |
|
2012
ProShares Ultra Bloomberg Natural Gas
BOIL
$403M
| $15.8M | ﹤0.01% |
29,033
+16,917
| +140% | +$10.3M |
|
2013
Regions Financial
RF
$27.1B
| $15.8M | ﹤0.01% |
917,801
+464,795
| +103% | +$8.8M |
|
2014
PUT
Dynatrace
DT
$14.4B
| $15.8M | ﹤0.01% |
337,600
-144,700
| -30% | -$7.11M |
|
2015
CALL
Alexandria Real Estate Equities
ARE
$8.3B
| $15.7M | ﹤0.01% |
157,100
-15,400
| -9% | -$1.79M |
|
2016
CALL
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$39.1M
| $15.7M | ﹤0.01% |
132,033
+58,366
| +79% | +$6.3M |
|
2017
ECARX Holdings
ECX
$417M
| $15.7M | ﹤0.01% |
5,069,836
| – | – |
|
2018
Clearway Energy Class C
CWEN
$7.04B
| $15.7M | ﹤0.01% |
742,200
+491,400
| +196% | +$12.5M |
|
2019
CALL
Starwood Property Trust
STWD
$6.07B
| $15.7M | ﹤0.01% |
810,700
+387,600
| +92% | +$7.86M |
|
|
P
2020
Everpure Inc
P
$39.1B
| $15.7M | ﹤0.01% |
439,868
+52,736
| +14% | +$1.96M |
|
2021
Surgery Partners
SGRY
$1.99B
| $15.7M | ﹤0.01% |
535,275
+29,613
| +6% | +$1.06M |
|
2022
CALL
Vermilion Energy
VET
$1.74B
| $15.6M | ﹤0.01% |
1,070,400
+227,400
| +27% | +$3.2M |
|
2023
Canadian Solar
CSIQ
$1.03B
| $15.6M | ﹤0.01% |
635,623
+11,007
| +2% | +$348K |
|
2024
PUT
Novavax
NVAX
$1.31B
| $15.6M | ﹤0.01% |
2,160,400
+153,700
| +8% | +$1.23M |
|
2025
Teladoc Health
TDOC
$1.24B
| $15.6M | ﹤0.01% |
838,462
+233,683
| +39% | +$5.45M |
|
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.