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 | |
|---|---|---|---|---|---|---|
6701
JPMorgan BetaBuilders Emerging Markets Equity ETF
BBEM
$858M
| $939K | ﹤0.01% |
+20,264
| New | +$989K |
|
6702
Hilltop Holdings
HTH
$2.26B
| $939K | ﹤0.01% |
33,095
-5,050
| -13% | -$152K |
|
|
AL
6703
CALL
DELISTED
Air Lease Corp
AL
| $938K | ﹤0.01% |
23,800
-46,200
| -66% | -$1.9M |
|
6704
WisdomTree US MidCap Dividend Fund
DON
$4.12B
| $937K | ﹤0.01% |
22,888
+3,162
| +16% | +$135K |
|
6705
LifeMD
LFMD
$165M
| $937K | ﹤0.01% |
149,856
+122,975
| +457% | +$533K |
|
6706
PUT
Idacorp
IDA
$8.22B
| $937K | ﹤0.01% |
+10,000
| New | +$987K |
|
6707
State Street Nuveen Municipal Bond ETF
MBND
$26.9M
| $936K | ﹤0.01% |
36,005
+10,461
| +41% | +$279K |
|
|
SILV
6708
PUT
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $936K | ﹤0.01% |
212,300
+97,600
| +85% | +$496K |
|
6709
BGC Group
BGC
$5.28B
| $936K | ﹤0.01% |
177,258
-507,999
| -74% | -$2.53M |
|
|
SBDS
6710
DELISTED
Solo Brands Inc
SBDS
| $936K | ﹤0.01% |
4,586
+3,135
| +216% | +$684K |
|
6711
RPAR Risk Parity ETF
RPAR
$578M
| $935K | ﹤0.01% |
+53,411
| New | +$998K |
|
6712
BlackRock Science and Technology Term Trust
BSTZ
$2.18B
| $935K | ﹤0.01% |
+56,675
| New | +$1M |
|
6713
Global X MLP & Energy Infrastructure ETF
MLPX
$3.62B
| $935K | ﹤0.01% |
22,052
+13,212
| +149% | +$562K |
|
6714
Prestige Consumer Healthcare
PBH
$2.4B
| $934K | ﹤0.01% |
16,336
-3,129
| -16% | -$189K |
|
6715
Royal Gold
RGLD
$19.9B
| $934K | ﹤0.01% |
8,782
-37,915
| -81% | -$4.31M |
|
|
TBCH
6716
CALL
Turtle Beach Corp
TBCH
$226M
| $933K | ﹤0.01% |
102,800
-6,900
| -6% | -$74.1K |
|
|
CUTR
6717
DELISTED
Cutera, Inc.
CUTR
| $933K | ﹤0.01% |
155,026
+29,389
| +23% | +$373K |
|
6718
iShares Mortgage Real Estate ETF
REM
$545M
| $933K | ﹤0.01% |
+41,774
| New | +$993K |
|
|
GRFS
6719
PUT
Grifois
GRFS
$5.28B
| $933K | ﹤0.01% |
102,100
+43,600
| +75% | +$426K |
|
6720
PUT
BigBear.ai
BBAI
$1.53B
| $932K | ﹤0.01% |
617,000
-57,400
| -9% | -$99.7K |
|
6721
CALL
RXO
RXO
$3.89B
| $931K | ﹤0.01% |
47,200
-203,600
| -81% | -$4.01M |
|
6722
PUT
BrightView Holdings
BV
$1.08B
| $931K | ﹤0.01% |
120,100
+1,800
| +2% | +$14.4K |
|
6723
CALL
Axalta
AXTA
$7.83B
| $931K | ﹤0.01% |
34,600
-80,200
| -70% | -$2.35M |
|
6724
PUT
Microvision
MVIS
$53M
| $931K | ﹤0.01% |
28,327
-9,033
| -24% | -$413K |
|
|
SWTX
6725
DELISTED
SpringWorks Therapeutics
SWTX
| $930K | ﹤0.01% |
40,230
-3,395
| -8% | -$92.8K |
|
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.