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 | |
|---|---|---|---|---|---|---|
2176
CALL
Regions Financial
RF
$27.2B
| $13.5M | ﹤0.01% |
786,100
-99,400
| -11% | -$1.88M |
|
|
CTRA
2177
PUT
DELISTED
Coterra Energy
CTRA
| $13.5M | ﹤0.01% |
499,500
-87,300
| -15% | -$2.38M |
|
2178
PUT
IonQ
IONQ
$18.7B
| $13.5M | ﹤0.01% |
907,200
+193,100
| +27% | +$3.03M |
|
2179
CALL
dLocal
DLO
$4.17B
| $13.5M | ﹤0.01% |
703,700
+88,000
| +14% | +$1.5M |
|
2180
iShares MSCI ACWI ETF
ACWI
$33.6B
| $13.5M | ﹤0.01% |
145,917
+125,501
| +615% | +$12M |
|
2181
Evergy
EVRG
$19.4B
| $13.5M | ﹤0.01% |
265,707
+196,770
| +285% | +$11.2M |
|
2182
Perrigo
PRGO
$1.81B
| $13.5M | ﹤0.01% |
421,140
+404,329
| +2,405% | +$14.2M |
|
2183
PUT
Canadian National Railway
CNI
$76.7B
| $13.5M | ﹤0.01% |
124,200
+19,100
| +18% | +$2.19M |
|
2184
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $13.5M | ﹤0.01% |
251,200
-1,800
| -0.7% | -$99.2K |
|
2185
Molson Coors Class B
TAP
$7.97B
| $13.4M | ﹤0.01% |
211,494
+139,585
| +194% | +$9.08M |
|
2186
Sysco
SYY
$39.7B
| $13.4M | ﹤0.01% |
203,345
-1,640
| -0.8% | -$118K |
|
2187
PUT
Fluor
FLR
$7B
| $13.4M | ﹤0.01% |
365,200
+218,900
| +150% | +$7.33M |
|
2188
PUT
iShares MSCI China ETF
MCHI
$6.16B
| $13.4M | ﹤0.01% |
308,400
+26,400
| +9% | +$1.2M |
|
2189
PUT
Fastenal
FAST
$58.5B
| $13.3M | ﹤0.01% |
488,600
-31,600
| -6% | -$897K |
|
2190
Steel Dynamics
STLD
$36.7B
| $13.3M | ﹤0.01% |
124,306
+3,399
| +3% | +$354K |
|
|
2191
CALL
iShares MSCI China ETF
MCHI
$6.16B
| $13.3M | ﹤0.01% |
307,500
+133,800
| +77% | +$6.06M |
|
2192
PUT
Tapestry
TPR
$26.1B
| $13.3M | ﹤0.01% |
462,200
-160,900
| -26% | -$5.89M |
|
|
2193
PUT
Sysco
SYY
$39.7B
| $13.3M | ﹤0.01% |
201,000
+13,400
| +7% | +$963K |
|
2194
CALL
Shoals Technologies Group
SHLS
$1.42B
| $13.3M | ﹤0.01% |
726,600
+250,400
| +53% | +$5.57M |
|
2195
CALL
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $13.3M | ﹤0.01% |
721,400
-413,100
| -36% | -$7.78M |
|
2196
Mid-America Apartment Communities
MAA
$15.5B
| $13.2M | ﹤0.01% |
102,922
+39,546
| +62% | +$5.71M |
|
2197
Nokia
NOK
$60.1B
| $13.2M | ﹤0.01% |
3,540,027
+1,436,248
| +68% | +$5.67M |
|
2198
iShares US Real Estate ETF
IYR
$4.59B
| $13.2M | ﹤0.01% |
169,348
+84,258
| +99% | +$7.18M |
|
2199
PUT
Target Hospitality
TH
$1.74B
| $13.2M | ﹤0.01% |
833,300
+323,400
| +63% | +$4.56M |
|
2200
Yum! Brands
YUM
$40.4B
| $13.2M | ﹤0.01% |
105,883
+28,006
| +36% | +$3.68M |
|
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.