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 |
Alibaba
BABA
|
+$422M |
| 2 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$411M |
| 3 |
iShares China Large-Cap ETF
FXI
|
+$351M |
| 4 |
Pfizer
PFE
|
+$331M |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$319M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$4.28B |
| 2 |
Meta Platforms (Facebook)
META
|
+$989M |
| 3 |
Invesco QQQ Trust
QQQ
|
+$953M |
| 4 |
Amazon
AMZN
|
+$816M |
| 5 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$782M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.06% |
| 2 | Consumer Discretionary | 1.41% |
| 3 | Healthcare | 0.83% |
| 4 | Financials | 0.79% |
| 5 | Industrials | 0.74% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2501
PUT
iQIYI
IQ
$1.3B
| $11M | ﹤0.01% |
2,246,900
-211,600
| -9% | -$1,000K |
|
2502
Snowflake
SNOW
$114B
| $11M | ﹤0.01% |
55,075
+13,653
| +33% | +$2.31M |
|
2503
PUT
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $11M | ﹤0.01% |
199,200
-52,000
| -21% | -$2.8M |
|
2504
Barclays
BCS
$94.7B
| $10.9M | ﹤0.01% |
1,386,249
+974,315
| +237% | +$7.02M |
|
2505
PUT
ZTO Express
ZTO
$17.4B
| $10.9M | ﹤0.01% |
513,200
+20,100
| +4% | +$456K |
|
2506
Elanco Animal Health
ELAN
$11.8B
| $10.9M | ﹤0.01% |
732,448
+316,053
| +76% | +$3.58M |
|
2507
PUT
RBC Bearings
RBC
$17.7B
| $10.9M | ﹤0.01% |
38,300
-7,500
| -16% | -$1.84M |
|
2508
PUT
Sabre
SABR
$900M
| $10.9M | ﹤0.01% |
2,479,800
+155,500
| +7% | +$600K |
|
2509
CALL
Target Hospitality
TH
$1.74B
| $10.9M | ﹤0.01% |
1,120,800
-274,300
| -20% | -$3.39M |
|
2510
Fidelity National Information Services
FIS
$22.1B
| $10.9M | ﹤0.01% |
181,514
-110,692
| -38% | -$6.07M |
|
2511
iShares MSCI South Korea ETF
EWY
$27.8B
| $10.9M | ﹤0.01% |
166,266
+133,442
| +407% | +$8.12M |
|
2512
PUT
Tilray
TLRY
$636M
| $10.9M | ﹤0.01% |
473,460
+91,590
| +24% | +$1.76M |
|
2513
Travel + Leisure Co
TNL
$4.63B
| $10.9M | ﹤0.01% |
278,494
+258,577
| +1,298% | +$9.38M |
|
2514
iShares MSCI India ETF
INDA
$6.56B
| $10.9M | ﹤0.01% |
222,859
-4,303
| -2% | -$196K |
|
2515
Prudential Financial
PRU
$43.2B
| $10.9M | ﹤0.01% |
104,868
-69,160
| -40% | -$6.63M |
|
|
WCN
2516
CALL
Waste Connections
WCN
$41.8B
| $10.9M | ﹤0.01% |
72,800
+58,100
| +395% | +$7.98M |
|
2517
PUT
Banco Bradesco
BBD
$34.2B
| $10.9M | ﹤0.01% |
3,103,660
-1,020,000
| -25% | -$3.2M |
|
2518
PUT
Brinker International
EAT
$10.2B
| $10.8M | ﹤0.01% |
250,400
-111,900
| -31% | -$4.02M |
|
2519
Lemonade
LMND
$4.07B
| $10.8M | ﹤0.01% |
669,804
-139,662
| -17% | -$2.1M |
|
2520
CALL
Incyte
INCY
$24.4B
| $10.8M | ﹤0.01% |
171,900
+52,600
| +44% | +$2.98M |
|
2521
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$653M
| $10.8M | ﹤0.01% |
515,400
+216,400
| +72% | +$5.32M |
|
|
EMBJ
2522
PUT
Embraer S.A. ADS
EMBJ
$13.4B
| $10.8M | ﹤0.01% |
584,000
-110,100
| -16% | -$1.77M |
|
2523
Nokia
NOK
$60.1B
| $10.8M | ﹤0.01% |
3,147,744
-392,283
| -11% | -$1.33M |
|
2524
PUT
Kinsale Capital Group
KNSL
$8.64B
| $10.8M | ﹤0.01% |
32,100
+5,000
| +18% | +$1.85M |
|
2525
CALL
California Resources
CRC
$4.73B
| $10.7M | ﹤0.01% |
196,500
-224,100
| -53% | -$11.8M |
|
Similar funds
Susquehanna International Group's Q4 2023 Portfolio in Review
As of Q4 2023, Susquehanna International Group held 13,823 positions worth $525B, up 9.3% from $481B the previous quarter. Its ten largest holdings account for 24% of the portfolio.
Susquehanna International Group's Q4 2023 filing shows 1,903 new, 5,066 increased, 5,122 reduced and 1,577 closed positions. Its largest new stake was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M. The largest sale was State Street SPDR S&P 500 ETF Trust, an estimated $4.28B.
By sector, the portfolio is most concentrated in Technology at 2.1% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Healthcare.
- Susquehanna International Group's largest Q4 2023 buy was Vanguard Emerging Markets Government Bond ETF: 471,007 shares worth $30M.
- Susquehanna International Group added most to Alibaba in Q4 2023, an estimated $422M increase.
- Susquehanna International Group's biggest Q4 2023 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $4.28B.
- Susquehanna International Group fully exited VMware, Inc in Q4 2023, selling an estimated $313M.
- Susquehanna International Group's ten largest holdings make up 24% of its $525B portfolio in Q4 2023.
- Susquehanna International Group opened 1,903 new positions and closed 1,577 in Q4 2023.
- Susquehanna International Group's portfolio value rose 9.3% quarter-over-quarter to $525B.
Based on Susquehanna International Group's 13F filing for Q4 2023, filed 14 Feb 2024.