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 | |
|---|---|---|---|---|---|---|
9451
Barings BDC
BBDC
$975M
| $279K | ﹤0.01% |
+31,327
| New | +$270K |
|
9452
Standard BioTools
LAB
$280M
| $279K | ﹤0.01% |
96,231
+25,020
| +35% | +$65.4K |
|
9453
PUT
Envista
NVST
$4.51B
| $279K | ﹤0.01% |
10,000
-11,100
| -53% | -$359K |
|
9454
CALL
iShare MSCI Eurozone ETF
EZU
$9.97B
| $279K | ﹤0.01% |
6,600
-26,500
| -80% | -$1.19M |
|
|
SHOE
9455
PUT
Shoe Station Group
SHOE
$414M
| $279K | ﹤0.01% |
+11,600
| New | +$275K |
|
9456
GXO Logistics
GXO
$5.59B
| $279K | ﹤0.01% |
4,752
-9,766
| -67% | -$611K |
|
9457
Riley Exploration Permian
REPX
$800M
| $279K | ﹤0.01% |
8,767
-8,677
| -50% | -$295K |
|
9458
CALL
Independence Realty Trust
IRT
$4.01B
| $279K | ﹤0.01% |
19,800
-1,400
| -7% | -$23.1K |
|
|
ITIC
9459
Investors Title Co
ITIC
$543M
| $278K | ﹤0.01% |
+1,880
| New | +$283K |
|
9460
CALL
Applied Industrial Technologies
AIT
$13.3B
| $278K | ﹤0.01% |
1,800
-200
| -10% | -$30K |
|
9461
CALL
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$602M
| $278K | ﹤0.01% |
8,700
-11,600
| -57% | -$388K |
|
9462
PUT
Vericel Corp
VCEL
$2.26B
| $278K | ﹤0.01% |
8,300
+2,900
| +54% | +$101K |
|
9463
PUT
OmniAb
OABI
$491M
| $278K | ﹤0.01% |
53,600
+23,700
| +79% | +$126K |
|
9464
Ubiquiti
UI
$34.7B
| $278K | ﹤0.01% |
1,914
+653
| +52% | +$110K |
|
9465
NovaGold Resources
NG
$3.48B
| $278K | ﹤0.01% |
72,375
-74,817
| -51% | -$314K |
|
9466
Alpha Architect US Quantitative Momentum ETF
QMOM
$450M
| $278K | ﹤0.01% |
6,439
-7,217
| -53% | -$327K |
|
9467
Trinity Capital Inc
TRIN
$1.72B
| $278K | ﹤0.01% |
19,942
+2,336
| +13% | +$33.9K |
|
9468
Innovator Growth Accelerated Plus ETF April
QTAP
$20.9M
| $277K | ﹤0.01% |
+9,283
| New | +$279K |
|
9469
Gladstone Investment Corp
GAIN
$649M
| $277K | ﹤0.01% |
21,748
+3,892
| +22% | +$50.8K |
|
9470
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$323M
| $277K | ﹤0.01% |
8,916
-67,220
| -88% | -$2.06M |
|
9471
PUT
Graco
GGG
$13.3B
| $277K | ﹤0.01% |
+3,800
| New | +$300K |
|
9472
PUT
Perma-Fix Environmental Services
PESI
$369M
| $277K | ﹤0.01% |
26,500
+100
| +0.4% | +$1.1K |
|
|
VNET
9473
CALL
VNET Group
VNET
$2.16B
| $277K | ﹤0.01% |
+88,400
| New | +$266K |
|
9474
Lazard
LAZ
$4.35B
| $277K | ﹤0.01% |
8,921
-25,583
| -74% | -$858K |
|
9475
iShares iBonds Dec 2030 Term Treasury ETF
IBTK
$1B
| $277K | ﹤0.01% |
+14,634
| New | +$282K |
|
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.