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 | |
|---|---|---|---|---|---|---|
8726
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $393K | ﹤0.01% |
+22,900
| New | +$422K |
|
8727
PUT
Carriage Services
CSV
$579M
| $393K | ﹤0.01% |
13,900
-87,500
| -86% | -$2.76M |
|
|
ARGO
8728
DELISTED
Argo Group International Holdings, Ltd.
ARGO
| $392K | ﹤0.01% |
13,153
+4,308
| +49% | +$128K |
|
8729
CALL
Kopin
KOPN
$1.02B
| $392K | ﹤0.01% |
321,700
-46,000
| -13% | -$74.6K |
|
8730
CALL
Amneal Pharmaceuticals
AMRX
$6.32B
| $392K | ﹤0.01% |
93,000
-600
| -0.6% | -$2.24K |
|
|
MODV
8731
DELISTED
ModivCare
MODV
| $392K | ﹤0.01% |
12,439
+3,611
| +41% | +$141K |
|
8732
Innovator US Equity Buffer ETF March
BMAR
$256M
| $392K | ﹤0.01% |
10,780
-4,385
| -29% | -$163K |
|
8733
Outdoor Holding Co
POWW
$260M
| $392K | ﹤0.01% |
193,823
-36,700
| -16% | -$77K |
|
8734
PUT
Immatics
IMTX
$1.29B
| $391K | ﹤0.01% |
33,800
+20,400
| +152% | +$243K |
|
8735
VanEck Video Gaming and eSports ETF
ESPO
$259M
| $391K | ﹤0.01% |
+7,590
| New | +$414K |
|
8736
Columbia Financial
CLBK
$1.23B
| $391K | ﹤0.01% |
24,891
-33,056
| -57% | -$568K |
|
|
PRA
8737
DELISTED
ProAssurance
PRA
| $391K | ﹤0.01% |
20,694
-37,400
| -64% | -$647K |
|
8738
CALL
MBIA
MBI
$264M
| $391K | ﹤0.01% |
54,200
+6,600
| +14% | +$54.9K |
|
8739
inTEST
INTT
$179M
| $391K | ﹤0.01% |
25,760
-13,485
| -34% | -$249K |
|
8740
AN2 Therapeutics
ANTX
$226M
| $390K | ﹤0.01% |
+24,263
| New | +$275K |
|
8741
PUT
Global X Autonomous & Electric Vehicles ETF
DRIV
$398M
| $390K | ﹤0.01% |
16,600
+7,300
| +78% | +$185K |
|
8742
PUT
Arvinas
ARVN
$587M
| $389K | ﹤0.01% |
19,800
-21,800
| -52% | -$535K |
|
8743
Voyager Therapeutics
VYGR
$201M
| $389K | ﹤0.01% |
50,147
-16,719
| -25% | -$153K |
|
8744
AllianzIM U.S. Equity Buffer20 Mar ETF
MARW
$88.1M
| $389K | ﹤0.01% |
14,643
+1,627
| +13% | +$43.5K |
|
8745
ePlus
PLUS
$2.31B
| $388K | ﹤0.01% |
6,107
-2,652
| -30% | -$164K |
|
8746
First Trust Institutional Preferred Securities and Income ETF
FPEI
$1.95B
| $388K | ﹤0.01% |
22,970
-6,167
| -21% | -$105K |
|
|
DRRX
8747
PUT
DELISTED
DURECT Corp
DRRX
| $388K | ﹤0.01% |
155,700
+53,500
| +52% | +$182K |
|
|
GFOF
8748
DELISTED
Grayscale Future of Finance ETF
GFOF
| $387K | ﹤0.01% |
35,770
-733
| -2% | -$9.9K |
|
8749
CALL
Archrock
AROC
$6.08B
| $387K | ﹤0.01% |
30,700
-106,000
| -78% | -$1.27M |
|
8750
Horace Mann Educators
HMN
$2.13B
| $387K | ﹤0.01% |
13,166
-9,618
| -42% | -$279K |
|
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.