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 | |
|---|---|---|---|---|---|---|
8101
PUT
Cedar Fair
FUN
$1.68B
| $514K | ﹤0.01% |
13,900
+6,500
| +88% | +$253K |
|
8102
CALL
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $514K | ﹤0.01% |
9,100
-3,300
| -27% | -$195K |
|
8103
Innovator Premium Income 20 Barrier ETF April
APRH
$25.2M
| $513K | ﹤0.01% |
20,895
+9,430
| +82% | +$235K |
|
8104
PUT
Dana Inc
DAN
$3.26B
| $513K | ﹤0.01% |
35,000
+24,200
| +224% | +$403K |
|
8105
Patrick Industries
PATK
$2.76B
| $513K | ﹤0.01% |
10,256
-1,578
| -13% | -$85.3K |
|
8106
Omeros
OMER
$1.24B
| $513K | ﹤0.01% |
175,727
+33,950
| +24% | +$136K |
|
8107
PUT
JFrog
FROG
$11.6B
| $512K | ﹤0.01% |
20,200
-14,600
| -42% | -$405K |
|
|
CVAC
8108
PUT
DELISTED
CureVac
CVAC
| $512K | ﹤0.01% |
75,000
+3,500
| +5% | +$30.9K |
|
8109
CALL
Clearway Energy Class C
CWEN
$7.01B
| $512K | ﹤0.01% |
24,200
-26,300
| -52% | -$668K |
|
8110
CALL
iShares US Telecommunications ETF
IYZ
$1.23B
| $511K | ﹤0.01% |
24,000
+4,400
| +22% | +$97.3K |
|
8111
FT Vest US Equity Buffer ETF March
FMAR
$1.16B
| $511K | ﹤0.01% |
14,516
-3,906
| -21% | -$140K |
|
8112
PUT
ProShares Ultra Russell2000
UWM
$251M
| $511K | ﹤0.01% |
16,900
-21,900
| -56% | -$752K |
|
8113
PUT
Under Armour Class C
UA
$2.26B
| $510K | ﹤0.01% |
80,000
-97,000
| -55% | -$668K |
|
8114
CALL
Edgewell Personal Care
EPC
$1.31B
| $510K | ﹤0.01% |
13,800
+1,200
| +10% | +$46.3K |
|
8115
CALL
RCM Technologies
RCMT
$249M
| $510K | ﹤0.01% |
26,100
-1,700
| -6% | -$33.4K |
|
8116
Vanguard Total World Bond ETF
BNDW
$1.89B
| $510K | ﹤0.01% |
+7,682
| New | +$518K |
|
8117
First Trust Emerging Markets Small Cap AlphaDEX Fund
FEMS
$254M
| $509K | ﹤0.01% |
+13,238
| New | +$508K |
|
8118
PUT
Bank of N.T. Butterfield & Son
NTB
$2.51B
| $509K | ﹤0.01% |
18,800
+2,800
| +18% | +$81.5K |
|
8119
Materion
MTRN
$5.9B
| $509K | ﹤0.01% |
4,995
-9,087
| -65% | -$992K |
|
8120
PUT
Dime Commercial Bancshares
DCOM
$1.81B
| $509K | ﹤0.01% |
25,500
+8,000
| +46% | +$167K |
|
8121
CALL
CBIZ
CBZ
$2.96B
| $509K | ﹤0.01% |
+9,800
| New | +$528K |
|
8122
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$140M
| $509K | ﹤0.01% |
+5,452
| New | +$512K |
|
8123
Granite Construction
GVA
$5.56B
| $508K | ﹤0.01% |
13,373
-5,911
| -31% | -$240K |
|
8124
Ceco Environmental
CECO
$4.66B
| $508K | ﹤0.01% |
31,837
-3,394
| -10% | -$46.5K |
|
|
8125
PUT
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $508K | ﹤0.01% |
9,000
-21,700
| -71% | -$1.28M |
|
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.