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 | |
|---|---|---|---|---|---|---|
6901
PUT
Alcon
ALC
$35.9B
| $863K | ﹤0.01% |
11,200
-26,900
| -71% | -$2.21M |
|
6902
PUT
Ligand Pharmaceuticals
LGND
$5.87B
| $863K | ﹤0.01% |
14,400
-8,900
| -38% | -$586K |
|
6903
PUT
HealthEquity
HQY
$8.76B
| $862K | ﹤0.01% |
11,800
-7,600
| -39% | -$513K |
|
6904
Direxion Daily Technology Bear 3x ETF
TECS
$65.5M
| $862K | ﹤0.01% |
+533
| New | +$765K |
|
6905
Invesco Food & Beverage ETF
PBJ
$109M
| $862K | ﹤0.01% |
20,345
+10,502
| +107% | +$468K |
|
6906
PUT
CorMedix
CRMD
$588M
| $862K | ﹤0.01% |
232,900
+65,600
| +39% | +$261K |
|
6907
Full Truck Alliance
YMM
$9.14B
| $861K | ﹤0.01% |
122,342
-18,902
| -13% | -$130K |
|
6908
First Trust Mid Cap Growth AlphaDEX Fund
FNY
$609M
| $861K | ﹤0.01% |
14,188
-2,380
| -14% | -$152K |
|
6909
Cabot Corp
CBT
$4.54B
| $861K | ﹤0.01% |
12,431
-11,324
| -48% | -$787K |
|
6910
Freedom Holding
FRHC
$9.34B
| $861K | ﹤0.01% |
+10,162
| New | +$861K |
|
6911
PUT
Valvoline
VVV
$4.36B
| $861K | ﹤0.01% |
26,700
-85,100
| -76% | -$2.99M |
|
6912
Cinemark Holdings
CNK
$4.33B
| $861K | ﹤0.01% |
46,900
-2,160
| -4% | -$36.2K |
|
6913
CALL
Grocery Outlet
GO
$1.1B
| $860K | ﹤0.01% |
+29,800
| New | +$948K |
|
6914
Invesco FTSE RAFI Developed Markets ex-US ETF
PXF
$2.99B
| $860K | ﹤0.01% |
19,750
-118,543
| -86% | -$5.34M |
|
|
DSOC
6915
DELISTED
Innovator Double Stacker ETF - October
DSOC
| $859K | ﹤0.01% |
+26,548
| New | +$851K |
|
6916
Cato Corp
CATO
$67.9M
| $859K | ﹤0.01% |
112,177
-54,203
| -33% | -$432K |
|
|
BELFB
6917
CALL
Bel Fuse Inc Class B
BELFB
$4.19B
| $859K | ﹤0.01% |
18,000
+8,600
| +91% | +$443K |
|
6918
EMQQ The Emerging Markets Internet & Ecommerce ETF
EMQQ
$269M
| $859K | ﹤0.01% |
+29,234
| New | +$899K |
|
6919
Vanguard Total International Stock ETF
VXUS
$164B
| $859K | ﹤0.01% |
16,047
+703
| +5% | +$39.2K |
|
6920
First Trust Expanded Technology ETF
XPND
$40.1M
| $859K | ﹤0.01% |
42,016
+5,857
| +16% | +$124K |
|
6921
Eagle Bancorp
EGBN
$878M
| $859K | ﹤0.01% |
40,024
+15,519
| +63% | +$378K |
|
6922
CarParts.com
PRTS
$47.1M
| $858K | ﹤0.01% |
20,836
+5,801
| +39% | +$257K |
|
6923
CALL
Kimco Realty
KIM
$16.4B
| $858K | ﹤0.01% |
48,800
+300
| +0.6% | +$5.82K |
|
6924
CALL
Protolabs
PRLB
$2.2B
| $858K | ﹤0.01% |
32,500
-7,600
| -19% | -$229K |
|
|
SPTN
6925
CALL
DELISTED
SpartanNash
SPTN
| $858K | ﹤0.01% |
39,000
+9,300
| +31% | +$205K |
|
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.