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 | |
|---|---|---|---|---|---|---|
2326
CALL
Snap-on
SNA
$20.9B
| $11.8M | ﹤0.01% |
46,300
+3,000
| +7% | +$811K |
|
|
DQ
2327
CALL
Daqo New Energy
DQ
$991M
| $11.8M | ﹤0.01% |
390,100
+155,400
| +66% | +$5.54M |
|
2328
CALL
Jackson Financial
JXN
$9.17B
| $11.8M | ﹤0.01% |
308,600
+141,600
| +85% | +$4.95M |
|
2329
JB Hunt Transport Services
JBHT
$26.3B
| $11.8M | ﹤0.01% |
62,535
+31,553
| +102% | +$6.06M |
|
2330
CALL
Genuine Parts
GPC
$18.6B
| $11.8M | ﹤0.01% |
81,600
-90,500
| -53% | -$14.1M |
|
2331
Vanguard FTSE Europe ETF
VGK
$31.1B
| $11.8M | ﹤0.01% |
203,225
+102,691
| +102% | +$6.26M |
|
|
2332
Snap-on
SNA
$20.9B
| $11.8M | ﹤0.01% |
46,128
+19,297
| +72% | +$5.21M |
|
2333
F5
FFIV
$22.8B
| $11.8M | ﹤0.01% |
72,996
-2,951
| -4% | -$462K |
|
2334
Charles River Laboratories
CRL
$13.4B
| $11.8M | ﹤0.01% |
59,989
+21,416
| +56% | +$4.4M |
|
2335
PUT
Banco Bradesco
BBD
$34.2B
| $11.8M | ﹤0.01% |
4,123,660
+885,300
| +27% | +$2.8M |
|
2336
PUT
ProShares Short S&P500
SH
$841M
| $11.7M | ﹤0.01% |
202,950
-10,750
| -5% | -$600K |
|
|
DQ
2337
PUT
Daqo New Energy
DQ
$991M
| $11.7M | ﹤0.01% |
387,000
+171,000
| +79% | +$6.1M |
|
2338
CALL
Skywest
SKYW
$4.18B
| $11.7M | ﹤0.01% |
278,400
+161,500
| +138% | +$6.77M |
|
2339
CALL
iShares S&P 500 Growth ETF
IVW
$77.6B
| $11.7M | ﹤0.01% |
170,600
-378,300
| -69% | -$26.8M |
|
2340
CALL
Sanofi
SNY
$105B
| $11.7M | ﹤0.01% |
217,400
-22,700
| -9% | -$1.21M |
|
2341
UGI
UGI
$7.59B
| $11.7M | ﹤0.01% |
506,986
+215,604
| +74% | +$5.35M |
|
2342
PUT
iQIYI
IQ
$1.3B
| $11.7M | ﹤0.01% |
2,458,500
-104,000
| -4% | -$542K |
|
2343
CoStar Group
CSGP
$13.1B
| $11.6M | ﹤0.01% |
151,498
-55,541
| -27% | -$4.6M |
|
2344
CALL
Itaú Unibanco
ITUB
$81.6B
| $11.6M | ﹤0.01% |
2,457,024
+527,638
| +27% | +$2.63M |
|
2345
PUT
Blackstone Mortgage Trust
BXMT
$2.44B
| $11.6M | ﹤0.01% |
535,000
+253,900
| +90% | +$5.63M |
|
|
CMA
2346
CALL
DELISTED
Comerica
CMA
| $11.6M | ﹤0.01% |
280,000
-508,700
| -64% | -$24.1M |
|
2347
CALL
Gartner
IT
$11.4B
| $11.6M | ﹤0.01% |
33,800
+12,200
| +56% | +$4.26M |
|
2348
CALL
Huntington Ingalls Industries
HII
$12.9B
| $11.6M | ﹤0.01% |
56,700
-38,500
| -40% | -$8.5M |
|
2349
PUT
Ares Capital
ARCC
$14.3B
| $11.6M | ﹤0.01% |
594,800
-1,062,100
| -64% | -$20.6M |
|
2350
CALL
Ionis Pharmaceuticals
IONS
$9.51B
| $11.6M | ﹤0.01% |
255,200
+111,100
| +77% | +$4.58M |
|
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.