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 | |
|---|---|---|---|---|---|---|
10676
PUT
Achieve Life Sciences
ACHV
$737M
| $125K | ﹤0.01% |
29,000
+4,500
| +18% | +$22.7K |
|
|
SLAI
10677
CALL
DELISTED
SOLAI Ltd ADS
SLAI
| $125K | ﹤0.01% |
6,471
+3,985
| +160% | +$88K |
|
|
ENX
10678
DELISTED
Eaton Vance New York Municipal Bond Fund
ENX
| $124K | ﹤0.01% |
15,003
+650
| +5% | +$5.99K |
|
10679
CALL
Adtran
ADTN
$680M
| $124K | ﹤0.01% |
15,100
+4,700
| +45% | +$41.8K |
|
10680
Beyond Air
XAIR
$6.17M
| $124K | ﹤0.01% |
134
-99
| -42% | -$130K |
|
10681
CALL
Aldeyra Therapeutics
ALDX
$88.7M
| $124K | ﹤0.01% |
18,600
-2,700
| -13% | -$20K |
|
|
YMAB
10682
DELISTED
Y-mAbs Therapeutics
YMAB
| $124K | ﹤0.01% |
22,710
-26,309
| -54% | -$153K |
|
10683
CALL
Anixa Biosciences
ANIX
$108M
| $124K | ﹤0.01% |
37,800
+11,600
| +44% | +$40.6K |
|
|
BNY
10684
DELISTED
BlackRock New York Municipal Income Trust
BNY
| $123K | ﹤0.01% |
13,569
+1,443
| +12% | +$14.3K |
|
|
PAI
10685
Western Asset Investment Grade Income Fund
PAI
$114M
| $123K | ﹤0.01% |
+10,957
| New | +$127K |
|
10686
CALL
Lands' End
LE
$384M
| $123K | ﹤0.01% |
16,500
-49,300
| -75% | -$419K |
|
10687
CALL
Caledonia Mining Corp
CMCL
$445M
| $123K | ﹤0.01% |
12,500
-1,500
| -11% | -$16.6K |
|
10688
Hyperfine
HYPR
$93.4M
| $123K | ﹤0.01% |
+60,089
| New | +$139K |
|
10689
PUT
Adaptive Biotechnologies
ADPT
$3.85B
| $123K | ﹤0.01% |
22,600
-37,500
| -62% | -$248K |
|
|
SBI
10690
Western Asset Intermediate Muni Fund
SBI
$108M
| $123K | ﹤0.01% |
17,190
+2,376
| +16% | +$17.9K |
|
10691
Stereotaxis
STXS
$133M
| $123K | ﹤0.01% |
+77,879
| New | +$125K |
|
10692
CALL
Kartoon Studios
TOON
$38.3M
| $123K | ﹤0.01% |
87,800
-177,400
| -67% | -$315K |
|
|
INFN
10693
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $123K | ﹤0.01% |
29,400
-67,900
| -70% | -$293K |
|
10694
PUT
Haleon
HLN
$42.8B
| $122K | ﹤0.01% |
14,700
-13,700
| -48% | -$114K |
|
10695
CALL
Fennec Pharmaceuticals
FENC
$413M
| $122K | ﹤0.01% |
16,300
-35,600
| -69% | -$290K |
|
|
BFZ
10696
DELISTED
BlackRock CA Municipal Income Trust
BFZ
| $122K | ﹤0.01% |
11,895
-2,204
| -16% | -$24.9K |
|
10697
TH International
THCH
$51.3M
| $122K | ﹤0.01% |
13,459
-145
| -1% | -$1.75K |
|
|
NOTV
10698
PUT
DELISTED
Inotiv
NOTV
| $122K | ﹤0.01% |
39,500
+11,500
| +41% | +$52.6K |
|
|
DRD
10699
PUT
DRDGold
DRD
$2.12B
| $121K | ﹤0.01% |
14,600
-1,100
| -7% | -$11.1K |
|
10700
The Joint Corp
JYNT
$120M
| $121K | ﹤0.01% |
13,461
-5,776
| -30% | -$65.3K |
|
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.