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 | |
|---|---|---|---|---|---|---|
|
EDR
2626
PUT
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $10M | ﹤0.01% |
421,400
-1,245,100
| -75% | -$28.1M |
|
2627
Caesars Entertainment
CZR
$6.06B
| $9.98M | ﹤0.01% |
212,975
+5,549
| +3% | +$246K |
|
|
JWN
2628
DELISTED
Nordstrom
JWN
| $9.98M | ﹤0.01% |
541,076
-610,939
| -53% | -$9.37M |
|
2629
CALL
ZipRecruiter
ZIP
$386M
| $9.98M | ﹤0.01% |
718,100
+538,600
| +300% | +$6.65M |
|
2630
iShares Core S&P Mid-Cap ETF
IJH
$129B
| $9.96M | ﹤0.01% |
+179,730
| New | +$9.12M |
|
2631
Range Resources
RRC
$9.42B
| $9.96M | ﹤0.01% |
327,277
+101,284
| +45% | +$3.32M |
|
2632
Dentsply Sirona
XRAY
$2.31B
| $9.92M | ﹤0.01% |
278,844
+198,415
| +247% | +$6.3M |
|
2633
CALL
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $9.92M | ﹤0.01% |
152,500
+3,900
| +3% | +$241K |
|
2634
PUT
MPLX
MPLX
$60.3B
| $9.91M | ﹤0.01% |
269,900
-72,400
| -21% | -$2.6M |
|
2635
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $9.91M | ﹤0.01% |
53,100
-80,200
| -60% | -$13.4M |
|
2636
Weatherford International
WFRD
$6.79B
| $9.9M | ﹤0.01% |
101,203
+84,468
| +505% | +$7.85M |
|
2637
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $9.89M | ﹤0.01% |
78,500
+44,000
| +128% | +$4.39M |
|
2638
Carter's
CRI
$1.42B
| $9.89M | ﹤0.01% |
132,007
+21,653
| +20% | +$1.5M |
|
2639
PUT
Canadian National Railway
CNI
$76.7B
| $9.86M | ﹤0.01% |
78,500
-45,700
| -37% | -$5.18M |
|
2640
CALL
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $9.86M | ﹤0.01% |
78,900
-42,800
| -35% | -$5.02M |
|
2641
Akamai
AKAM
$18B
| $9.84M | ﹤0.01% |
83,143
-107,615
| -56% | -$12M |
|
|
XIFR
2642
CALL
XPLR Infrastructure LP
XIFR
$1.11B
| $9.84M | ﹤0.01% |
323,500
+8,200
| +3% | +$209K |
|
2643
Applied Optoelectronics
AAOI
$12.7B
| $9.84M | ﹤0.01% |
509,144
-102,627
| -17% | -$1.34M |
|
2644
CALL
Gaming and Leisure Properties
GLPI
$12.7B
| $9.84M | ﹤0.01% |
199,300
-42,300
| -18% | -$1.96M |
|
2645
PUT
Invesco DB Agriculture Fund
DBA
$1.24B
| $9.83M | ﹤0.01% |
+474,200
| New | +$10.3M |
|
2646
PUT
Howard Hughes
HHH
$3.98B
| $9.83M | ﹤0.01% |
120,530
+32,099
| +36% | +$2.25M |
|
2647
Peabody Energy
BTU
$3.11B
| $9.79M | ﹤0.01% |
402,475
+198,447
| +97% | +$4.79M |
|
2648
CALL
HEICO Corp
HEI
$52.4B
| $9.78M | ﹤0.01% |
54,700
-16,200
| -23% | -$2.74M |
|
2649
Chewy
CHWY
$9.18B
| $9.78M | ﹤0.01% |
414,007
-397,983
| -49% | -$7.85M |
|
2650
NetApp
NTAP
$40.6B
| $9.78M | ﹤0.01% |
110,929
-331,477
| -75% | -$26.7M |
|
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.