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 | |
|---|---|---|---|---|---|---|
11401
Focus Universal
FCUV
$3.89M
| $32.1K | ﹤0.01% |
41
-60
| -59% | -$42.6K |
|
11402
PUT
8x8 Inc
EGHT
$303M
| $32K | ﹤0.01% |
12,700
-6,300
| -33% | -$22.4K |
|
11403
Codexis
CDXS
$175M
| $31.9K | ﹤0.01% |
16,902
-54,394
| -76% | -$127K |
|
|
CANF
11404
Can-Fite BioPharma American Depositary Shares
CANF
$7.28M
| $31.9K | ﹤0.01% |
+602
| New | +$34.1K |
|
|
YRD
11405
Yiren Digital
YRD
$105M
| $31.9K | ﹤0.01% |
+13,135
| New | +$32.1K |
|
11406
PUT
Cerus
CERS
$572M
| $31.9K | ﹤0.01% |
19,700
+4,700
| +31% | +$9.77K |
|
11407
Real Brokerage
REAX
$523M
| $31.7K | ﹤0.01% |
+21,860
| New | +$38.1K |
|
11408
CALL
Arbe Robotics
ARBE
$94.2M
| $31.7K | ﹤0.01% |
+13,600
| New | +$36.5K |
|
11409
Advantage Solutions
ADV
$423M
| $31.6K | ﹤0.01% |
445
-1,371
| -75% | -$91K |
|
|
IPM
11410
Intelligent Protection Management Corp
IPM
$24.4M
| $31.6K | ﹤0.01% |
17,436
-104,418
| -86% | -$200K |
|
11411
One Stop Systems
OSS
$327M
| $31.5K | ﹤0.01% |
+17,012
| New | +$39.6K |
|
|
ORGN
11412
PUT
DELISTED
Origin Materials
ORGN
| $31.2K | ﹤0.01% |
813
-2,910
| -78% | -$229K |
|
|
KYNB
11413
CALL
Kyntra Bio
KYNB
$28.5M
| $31.2K | ﹤0.01% |
1,452
-33,904
| -96% | -$1.33M |
|
|
RENX
11414
RenX Enterprises
RENX
$5.23M
| $31.1K | ﹤0.01% |
+56
| New | +$68.6K |
|
|
NOTV
11415
CALL
DELISTED
Inotiv
NOTV
| $31.1K | ﹤0.01% |
10,100
-2,800
| -22% | -$12.8K |
|
|
CBIO
11416
PUT
Crescent Biopharma
CBIO
$618M
| $31.1K | ﹤0.01% |
207
-201
| -49% | -$31.7K |
|
11417
PUT
Gold Royalty Corp
GROY
$716M
| $30.8K | ﹤0.01% |
24,100
-30,300
| -56% | -$48K |
|
|
11418
CALL
Cerus
CERS
$572M
| $30.8K | ﹤0.01% |
19,000
+4,900
| +35% | +$10.2K |
|
|
CMCM
11419
Cheetah Mobile
CMCM
$94.7M
| $30.5K | ﹤0.01% |
15,423
-9,274
| -38% | -$20.9K |
|
|
RNLX
11420
DELISTED
Renalytix plc American Depositary Shares
RNLX
| $30.5K | ﹤0.01% |
19,078
-30,594
| -62% | -$84.5K |
|
|
RNTX
11421
Rein Therapeutics
RNTX
$67.4M
| $30.4K | ﹤0.01% |
+20,155
| New | +$34.2K |
|
|
FRGE
11422
CALL
DELISTED
Forge Global Holdings
FRGE
| $30.2K | ﹤0.01% |
993
-667
| -40% | -$24.4K |
|
|
ARBK
11423
PUT
Argo Blockchain
ARBK
$42.3M
| $30.2K | ﹤0.01% |
140
+70
| +100% | +$20.1K |
|
11424
CALL
Atea Pharmaceuticals
AVIR
$406M
| $30K | ﹤0.01% |
+10,000
| New | +$34K |
|
11425
SES AI
SES
$227M
| $30K | ﹤0.01% |
13,197
-30,428
| -70% | -$73.9K |
|
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.