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 | |
|---|---|---|---|---|---|---|
2451
CALL
ProShares UltraPro Short Dow 30
SDOW
$186M
| $10.7M | ﹤0.01% |
102,525
+64,975
| +173% | +$6.12M |
|
2452
PUT
Skywest
SKYW
$4.18B
| $10.7M | ﹤0.01% |
255,200
+43,800
| +21% | +$1.84M |
|
2453
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.5B
| $10.7M | ﹤0.01% |
132,692
-485,954
| -79% | -$41.1M |
|
2454
CALL
Xylem
XYL
$27.9B
| $10.7M | ﹤0.01% |
117,300
+49,500
| +73% | +$5.11M |
|
2455
CALL
ARK Web x.0 ETF
ARKW
$1.8B
| $10.7M | ﹤0.01% |
197,000
+61,700
| +46% | +$3.66M |
|
|
BBBY
2456
PUT
Bed Bath & Beyond
BBBY
$415M
| $10.7M | ﹤0.01% |
741,510
-238,370
| -24% | -$5.84M |
|
2457
PUT
Knight Transportation
KNX
$11.8B
| $10.7M | ﹤0.01% |
212,600
-530,100
| -71% | -$29.4M |
|
|
ANSS
2458
DELISTED
Ansys
ANSS
| $10.7M | ﹤0.01% |
35,800
+12,909
| +56% | +$4.09M |
|
2459
Raymond James Financial
RJF
$34.8B
| $10.6M | ﹤0.01% |
106,034
+43,388
| +69% | +$4.59M |
|
2460
PUT
Group 1 Automotive
GPI
$3.15B
| $10.6M | ﹤0.01% |
39,600
-6,200
| -14% | -$1.62M |
|
2461
PUT
BridgeBio Pharma
BBIO
$15.6B
| $10.6M | ﹤0.01% |
403,300
+101,800
| +34% | +$2.89M |
|
2462
CALL
SiriusXM
SIRI
$9.59B
| $10.6M | ﹤0.01% |
235,240
+43,950
| +23% | +$2.04M |
|
2463
CALL
iShares US Technology ETF
IYW
$25.6B
| $10.6M | ﹤0.01% |
101,200
-7,300
| -7% | -$794K |
|
2464
Casella Waste Systems
CWST
$5.77B
| $10.6M | ﹤0.01% |
139,039
+113,056
| +435% | +$9.27M |
|
2465
CALL
Doximity
DOCS
$4.42B
| $10.6M | ﹤0.01% |
499,300
+194,200
| +64% | +$5.3M |
|
|
HCP
2466
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $10.6M | ﹤0.01% |
463,300
+225,700
| +95% | +$6.13M |
|
2467
PUT
Stride
LRN
$3.46B
| $10.6M | ﹤0.01% |
234,700
+152,900
| +187% | +$6.22M |
|
2468
PUT
Viatris
VTRS
$18.6B
| $10.6M | ﹤0.01% |
1,071,100
-184,000
| -15% | -$1.92M |
|
2469
eBay
EBAY
$45.9B
| $10.6M | ﹤0.01% |
239,473
-166,604
| -41% | -$7.43M |
|
2470
CALL
Howmet Aerospace
HWM
$115B
| $10.6M | ﹤0.01% |
228,200
-37,500
| -14% | -$1.83M |
|
2471
Black Hills Corp
BKH
$5.66B
| $10.5M | ﹤0.01% |
208,387
+115,149
| +124% | +$6.54M |
|
2472
Elbit Systems
ESLT
$36.7B
| $10.5M | ﹤0.01% |
53,226
+26,298
| +98% | +$5.39M |
|
2473
Universal Health Services
UHS
$10B
| $10.5M | ﹤0.01% |
83,809
+33,538
| +67% | +$4.58M |
|
2474
CALL
Petrobras Class A
PBR.A
$104B
| $10.5M | ﹤0.01% |
768,500
+629,300
| +452% | +$8.12M |
|
2475
CALL
IAMGOLD
IAG
$10.4B
| $10.5M | ﹤0.01% |
4,896,600
-125,200
| -2% | -$308K |
|
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.