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 | |
|---|---|---|---|---|---|---|
|
SMAR
2076
CALL
DELISTED
Smartsheet Inc.
SMAR
| $14.7M | ﹤0.01% |
364,500
-103,800
| -22% | -$4.26M |
|
2077
PUT
Nokia
NOK
$59.5B
| $14.7M | ﹤0.01% |
3,935,600
-905,900
| -19% | -$3.57M |
|
2078
PUT
Axcelis
ACLS
$4.29B
| $14.7M | ﹤0.01% |
90,200
-8,600
| -9% | -$1.51M |
|
2079
Royalty Pharma
RPRX
$26.1B
| $14.7M | ﹤0.01% |
541,447
+156,708
| +41% | +$4.65M |
|
2080
PUT
Hawaiian Electric Industries
HE
$2.05B
| $14.7M | ﹤0.01% |
+1,191,500
| New | +$29M |
|
2081
BioNTech
BNTX
$23.4B
| $14.6M | ﹤0.01% |
134,807
+16,069
| +14% | +$1.78M |
|
2082
Simon Property Group
SPG
$70.9B
| $14.6M | ﹤0.01% |
135,138
-239,198
| -64% | -$28M |
|
2083
CALL
Hartford Financial Services
HIG
$37.9B
| $14.6M | ﹤0.01% |
205,700
+116,200
| +130% | +$8.43M |
|
2084
CALL
Shake Shack
SHAK
$3.04B
| $14.6M | ﹤0.01% |
251,100
+24,600
| +11% | +$1.75M |
|
2085
CALL
SSR Mining
SSRM
$6.57B
| $14.6M | ﹤0.01% |
1,097,100
-177,300
| -14% | -$2.57M |
|
2086
L3Harris
LHX
$54.3B
| $14.6M | ﹤0.01% |
83,709
+36,855
| +79% | +$6.78M |
|
|
MDC
2087
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
| $14.6M | ﹤0.01% |
353,100
+129,600
| +58% | +$6.04M |
|
2088
CALL
Northern Oil and Gas
NOG
$2.65B
| $14.5M | ﹤0.01% |
361,500
-512,600
| -59% | -$20.2M |
|
2089
State Street Materials Select Sector SPDR ETF
XLB
$8.61B
| $14.5M | ﹤0.01% |
370,050
+307,594
| +492% | +$12.6M |
|
2090
CALL
Atkore
ATKR
$3.17B
| $14.5M | ﹤0.01% |
97,400
-30,400
| -24% | -$4.59M |
|
2091
Herc Holdings
HRI
$5.78B
| $14.5M | ﹤0.01% |
122,150
+85,439
| +233% | +$11.1M |
|
2092
PUT
Revolve Group
RVLV
$1.68B
| $14.5M | ﹤0.01% |
1,067,100
-12,200
| -1% | -$194K |
|
2093
PUT
Casey's General Stores
CASY
$31.5B
| $14.5M | ﹤0.01% |
53,400
+46,500
| +674% | +$11.8M |
|
2094
Johnson Controls International
JCI
$92.8B
| $14.5M | ﹤0.01% |
272,377
+78,737
| +41% | +$4.86M |
|
2095
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $14.5M | ﹤0.01% |
164,200
-58,600
| -26% | -$5M |
|
2096
CALL
Deutsche Bank
DB
$72.5B
| $14.5M | ﹤0.01% |
1,318,400
+1,082,400
| +459% | +$11.7M |
|
2097
CALL
iQIYI
IQ
$1.3B
| $14.5M | ﹤0.01% |
3,051,200
+683,800
| +29% | +$3.56M |
|
2098
PUT
Nabors Industries
NBR
$1.39B
| $14.5M | ﹤0.01% |
117,400
+68,100
| +138% | +$7.92M |
|
2099
CALL
Alerian MLP ETF
AMLP
$13.2B
| $14.4M | ﹤0.01% |
342,400
-26,000
| -7% | -$1.07M |
|
2100
PUT
ResMed
RMD
$32.7B
| $14.4M | ﹤0.01% |
97,700
+73,500
| +304% | +$13.3M |
|
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.