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 | |
|---|---|---|---|---|---|---|
2201
PUT
Alexandria Real Estate Equities
ARE
$8.28B
| $13.2M | ﹤0.01% |
132,100
+52,900
| +67% | +$6.15M |
|
2202
Ovintiv
OVV
$17.4B
| $13.2M | ﹤0.01% |
277,549
+206,814
| +292% | +$9.37M |
|
2203
PUT
Trane Technologies
TT
$106B
| $13.1M | ﹤0.01% |
64,800
+10,900
| +20% | +$2.18M |
|
2204
PUT
ProShares Ultra S&P500
SSO
$8.47B
| $13.1M | ﹤0.01% |
492,200
+106,000
| +27% | +$3.08M |
|
2205
Watsco Inc
WSO
$12.9B
| $13.1M | ﹤0.01% |
34,762
-3,954
| -10% | -$1.43M |
|
2206
CALL
iShares Russell 3000 ETF
IWV
$20.5B
| $13.1M | ﹤0.01% |
53,500
+10,500
| +24% | +$2.68M |
|
2207
CALL
Ollie's Bargain Outlet
OLLI
$4.62B
| $13.1M | ﹤0.01% |
169,800
-52,200
| -24% | -$3.81M |
|
2208
PUT
Valley National Bancorp
VLY
$8.29B
| $13.1M | ﹤0.01% |
1,529,400
-566,200
| -27% | -$5.14M |
|
2209
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $13.1M | ﹤0.01% |
81,900
-80,700
| -50% | -$13.4M |
|
2210
PUT
Tenet Healthcare
THC
$21.6B
| $13M | ﹤0.01% |
197,900
-159,000
| -45% | -$11.9M |
|
2211
CALL
Celanese
CE
$5.01B
| $13M | ﹤0.01% |
103,500
-128,400
| -55% | -$15.8M |
|
2212
Flex
FLEX
$46.6B
| $13M | ﹤0.01% |
638,953
+209,229
| +49% | +$4.24M |
|
2213
CALL
Unum
UNM
$14.8B
| $13M | ﹤0.01% |
263,900
-79,400
| -23% | -$3.88M |
|
2214
PUT
Sempra
SRE
$56.5B
| $13M | ﹤0.01% |
190,700
-43,500
| -19% | -$3.14M |
|
2215
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $13M | ﹤0.01% |
614,742
+523,518
| +574% | +$11.3M |
|
2216
PUT
Constellation Energy
CEG
$100B
| $13M | ﹤0.01% |
118,900
-67,800
| -36% | -$6.99M |
|
2217
D.R. Horton
DHI
$41.6B
| $13M | ﹤0.01% |
120,561
-47,051
| -28% | -$5.63M |
|
2218
PUT
Autohome
ATHM
$2.61B
| $13M | ﹤0.01% |
426,800
+349,400
| +451% | +$10.5M |
|
|
SUM
2219
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $12.9M | ﹤0.01% |
415,856
+353,596
| +568% | +$12.6M |
|
2220
PUT
WillScot Mobile Mini Holdings
WSC
$4.31B
| $12.9M | ﹤0.01% |
311,000
+46,600
| +18% | +$2.05M |
|
2221
PUT
Acadia Pharmaceuticals
ACAD
$4.87B
| $12.9M | ﹤0.01% |
620,400
+564,100
| +1,002% | +$15.3M |
|
2222
PUT
Regions Financial
RF
$27.2B
| $12.9M | ﹤0.01% |
750,100
-143,100
| -16% | -$2.71M |
|
2223
PUT
CSX Corp
CSX
$92.9B
| $12.9M | ﹤0.01% |
419,500
-17,500
| -4% | -$554K |
|
|
MASI
2224
CALL
DELISTED
Masimo
MASI
| $12.9M | ﹤0.01% |
147,100
+90,200
| +159% | +$10.5M |
|
2225
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $12.9M | ﹤0.01% |
+137,998
| New | +$13M |
|
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.