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 | |
|---|---|---|---|---|---|---|
2576
VF Corp
VFC
$5.85B
| $10.4M | ﹤0.01% |
553,223
+197,198
| +55% | +$3.38M |
|
|
SRC
2577
DELISTED
SPIRIT REALTY CAPITAL, INC.
SRC
| $10.4M | ﹤0.01% |
238,002
+30,758
| +15% | +$1.19M |
|
2578
PUT
Urban Outfitters
URBN
$6.66B
| $10.4M | ﹤0.01% |
291,200
+152,900
| +111% | +$5.32M |
|
2579
CALL
STMicroelectronics
STM
$48.5B
| $10.4M | ﹤0.01% |
207,200
-30,900
| -13% | -$1.38M |
|
2580
CALL
Legend Biotech
LEGN
$3.95B
| $10.4M | ﹤0.01% |
172,600
+157,300
| +1,028% | +$9.97M |
|
2581
CALL
ProShares Ultra Silver
AGQ
$1.43B
| $10.4M | ﹤0.01% |
382,100
-16,900
| -4% | -$448K |
|
2582
PUT
Diageo
DEO
$53.1B
| $10.4M | ﹤0.01% |
71,100
+900
| +1% | +$133K |
|
2583
Lucid Motors
LCID
$2.45B
| $10.3M | ﹤0.01% |
245,679
+190,875
| +348% | +$8.57M |
|
2584
CALL
Hertz
HTZ
$798M
| $10.3M | ﹤0.01% |
994,600
+145,500
| +17% | +$1.41M |
|
2585
Comstock Resources
CRK
$4.13B
| $10.3M | ﹤0.01% |
1,166,929
+352,986
| +43% | +$3.82M |
|
2586
PUT
Navios Maritime Partners
NMM
$2.33B
| $10.3M | ﹤0.01% |
369,300
+228,100
| +162% | +$5.49M |
|
2587
PUT
Exelon
EXC
$47.2B
| $10.3M | ﹤0.01% |
286,900
+115,800
| +68% | +$4.46M |
|
2588
PUT
UGI
UGI
$7.59B
| $10.3M | ﹤0.01% |
418,000
+161,100
| +63% | +$3.55M |
|
2589
XP
XP
$8.17B
| $10.3M | ﹤0.01% |
394,389
+227,687
| +137% | +$5.2M |
|
|
LSXMA
2590
CALL
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $10.3M | ﹤0.01% |
357,600
+181,600
| +103% | +$4.75M |
|
2591
Lincoln National
LNC
$8.7B
| $10.3M | ﹤0.01% |
380,910
+33,934
| +10% | +$816K |
|
2592
SL Green Realty
SLG
$3.97B
| $10.3M | ﹤0.01% |
227,234
+221,030
| +3,563% | +$8.15M |
|
|
LBAI
2593
DELISTED
Lakeland Bancorp Inc
LBAI
| $10.3M | ﹤0.01% |
693,562
+26,369
| +4% | +$337K |
|
2594
PUT
Enbridge
ENB
$111B
| $10.3M | ﹤0.01% |
284,700
-225,400
| -44% | -$7.6M |
|
2595
PUT
Vodafone
VOD
$37.9B
| $10.2M | ﹤0.01% |
1,177,400
+624,300
| +113% | +$5.7M |
|
2596
iShares S&P 100 ETF
OEF
$20.5B
| $10.2M | ﹤0.01% |
+45,793
| New | +$9.63M |
|
2597
CALL
Manhattan Associates
MANH
$11.5B
| $10.2M | ﹤0.01% |
47,500
+25,900
| +120% | +$5.48M |
|
2598
PUT
CRH
CRH
$64.6B
| $10.2M | ﹤0.01% |
147,800
+76,500
| +107% | +$4.62M |
|
2599
PUT
Factset
FDS
$10.1B
| $10.2M | ﹤0.01% |
21,400
-22,000
| -51% | -$9.9M |
|
2600
Keysight
KEYS
$61.1B
| $10.2M | ﹤0.01% |
64,162
-173,717
| -73% | -$23.6M |
|
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.