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 | |
|---|---|---|---|---|---|---|
|
HEP
6601
DELISTED
Holly Energy Partners, L.P.
HEP
| $987K | ﹤0.01% |
44,933
+33,979
| +310% | +$711K |
|
6602
iShares Self-Driving EV and Tech ETF
IDRV
$140M
| $986K | ﹤0.01% |
26,501
+4,563
| +21% | +$186K |
|
6603
CALL
Arcosa
ACA
$7.14B
| $985K | ﹤0.01% |
13,700
+6,000
| +78% | +$455K |
|
6604
Trip.com Group
TCOM
$28.2B
| $985K | ﹤0.01% |
28,161
+4,265
| +18% | +$160K |
|
6605
Anika Therapeutics
ANIK
$288M
| $983K | ﹤0.01% |
52,781
+44,784
| +560% | +$929K |
|
6606
IQ ARB Merger Arbitrage ETF
MNA
$254M
| $983K | ﹤0.01% |
+31,117
| New | +$977K |
|
6607
SunCoke Energy
SXC
$791M
| $982K | ﹤0.01% |
96,768
-26,496
| -21% | -$240K |
|
6608
CALL
La-Z-Boy
LZB
$1.65B
| $982K | ﹤0.01% |
+31,800
| New | +$979K |
|
|
DFUS
6609
Dimensional US Equity ETF
DFUS
$21.8B
| $981K | ﹤0.01% |
21,067
-4,331
| -17% | -$209K |
|
6610
ProShares UltraShort QQQ
QID
$244M
| $981K | ﹤0.01% |
+14,007
| New | +$924K |
|
6611
CALL
IHS Holding
IHS
$2.82B
| $979K | ﹤0.01% |
+176,400
| New | +$1.31M |
|
6612
Varex Imaging
VREX
$780M
| $979K | ﹤0.01% |
52,078
+17,316
| +50% | +$362K |
|
6613
PUT
Kratos Defense & Security Solutions
KTOS
$12B
| $978K | ﹤0.01% |
65,100
-1,100
| -2% | -$16.4K |
|
6614
MoonLake Immunotherapeutics
MLTX
$1.4B
| $978K | ﹤0.01% |
+17,152
| New | +$947K |
|
6615
CALL
Travel + Leisure Co
TNL
$4.57B
| $977K | ﹤0.01% |
26,600
+14,100
| +113% | +$563K |
|
6616
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$217M
| $977K | ﹤0.01% |
+27,947
| New | +$1.09M |
|
|
TPC
6617
Tutor Perini Cor
TPC
$5.11B
| $976K | ﹤0.01% |
124,653
-41,809
| -25% | -$343K |
|
6618
iShares US Financials ETF
IYF
$4.42B
| $976K | ﹤0.01% |
13,051
-11,747
| -47% | -$905K |
|
6619
PUT
Intapp
INTA
$2.98B
| $975K | ﹤0.01% |
29,100
+13,100
| +82% | +$478K |
|
6620
TORM
TRMD
$3.13B
| $975K | ﹤0.01% |
35,432
+11,162
| +46% | +$283K |
|
6621
Procept Biorobotics
PRCT
$1.2B
| $975K | ﹤0.01% |
29,718
-21,015
| -41% | -$716K |
|
6622
CALL
Vanguard Industrials ETF
VIS
$8.56B
| $975K | ﹤0.01% |
5,000
-1,200
| -19% | -$246K |
|
6623
Invesco S&P International Developed Low Volatility ETF
IDLV
$345M
| $975K | ﹤0.01% |
37,354
+29,364
| +368% | +$797K |
|
6624
CALL
Vertex
VERX
$2.01B
| $975K | ﹤0.01% |
42,200
-20,900
| -33% | -$430K |
|
|
NSA
6625
CALL
DELISTED
National Storage Affiliates Trust
NSA
| $974K | ﹤0.01% |
30,700
+6,300
| +26% | +$213K |
|
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.