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 | |
|---|---|---|---|---|---|---|
10176
CALL
ClearPoint Neuro
CLPT
$468M
| $199K | ﹤0.01% |
39,800
+24,100
| +154% | +$143K |
|
10177
PUT
Orthofix Medical
OFIX
$421M
| $199K | ﹤0.01% |
+15,500
| New | +$279K |
|
|
VOXX
10178
CALL
DELISTED
VOXX International Corporation Class A
VOXX
| $199K | ﹤0.01% |
24,900
-17,800
| -42% | -$160K |
|
10179
Banco Bilbao Vizcaya Argentaria
BBVA
$158B
| $199K | ﹤0.01% |
24,681
-21,670
| -47% | -$169K |
|
|
JHS
10180
John Hancock Income Securities Trust
JHS
$128M
| $199K | ﹤0.01% |
19,351
+5,520
| +40% | +$59K |
|
|
GOCO
10181
CALL
DELISTED
GoHealth
GOCO
| $199K | ﹤0.01% |
13,700
| – | – |
|
|
THCX
10182
CALL
DELISTED
AXS Cannabis ETF
THCX
| $198K | ﹤0.01% |
+10,700
| New | +$198K |
|
|
DMTK
10183
DELISTED
DermTech, Inc. Common Stock
DMTK
| $198K | ﹤0.01% |
137,521
-13,072
| -9% | -$32.7K |
|
10184
PUT
WhiteHorse Finance
WHF
$152M
| $198K | ﹤0.01% |
+15,500
| New | +$202K |
|
10185
Xeris Biopharma Holdings
XERS
$1.57B
| $198K | ﹤0.01% |
106,231
-17,441
| -14% | -$40K |
|
10186
PUT
Arcutis Biotherapeutics
ARQT
$3.29B
| $198K | ﹤0.01% |
37,200
+1,300
| +4% | +$11.1K |
|
|
RA
10187
Brookfield Real Assets Income Fund
RA
$706M
| $197K | ﹤0.01% |
16,114
+3,283
| +26% | +$50.2K |
|
10188
nLIGHT
LASR
$3.03B
| $197K | ﹤0.01% |
18,925
-30,246
| -62% | -$369K |
|
|
CIO
10189
PUT
DELISTED
City Office REIT
CIO
| $197K | ﹤0.01% |
46,300
+2,100
| +5% | +$10.8K |
|
|
TERN
10190
DELISTED
Terns Pharmaceuticals
TERN
| $197K | ﹤0.01% |
39,106
-125,745
| -76% | -$798K |
|
10191
CALL
Fathom Holdings
FTHM
$25M
| $196K | ﹤0.01% |
+48,100
| New | +$312K |
|
10192
CALL
Momentus
MNTS
$91.2M
| $196K | ﹤0.01% |
393
+385
| +4,813% | +$1.16M |
|
10193
PUT
Arbutus Biopharma
ABUS
$924M
| $196K | ﹤0.01% |
96,600
-18,600
| -16% | -$39K |
|
10194
CALL
Nexa Resources
NEXA
$1.88B
| $196K | ﹤0.01% |
32,400
+7,800
| +32% | +$42.7K |
|
10195
PUT
Regenxbio
RGNX
$711M
| $196K | ﹤0.01% |
+11,900
| New | +$216K |
|
10196
Hanmi Financial
HAFC
$962M
| $196K | ﹤0.01% |
12,061
-2,908
| -19% | -$50.2K |
|
10197
CALL
American Vanguard Corp
AVD
$62.5M
| $196K | ﹤0.01% |
17,900
-100,900
| -85% | -$1.54M |
|
10198
PUT
Astronics
ATRO
$4.61B
| $195K | ﹤0.01% |
+14,760
| New | +$222K |
|
10199
CALL
Oil States International
OIS
$539M
| $195K | ﹤0.01% |
+23,300
| New | +$189K |
|
|
DENN
10200
CALL
DELISTED
Denny's
DENN
| $195K | ﹤0.01% |
23,000
-5,800
| -20% | -$58.7K |
|
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.