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 | |
|---|---|---|---|---|---|---|
2651
CALL
Trex
TREX
$5.06B
| $9.78M | ﹤0.01% |
118,100
+34,000
| +40% | +$2.26M |
|
|
BECN
2652
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $9.78M | ﹤0.01% |
112,349
+23,085
| +26% | +$1.81M |
|
2653
PUT
Sensata Technologies
ST
$6.73B
| $9.77M | ﹤0.01% |
260,000
+253,900
| +4,162% | +$8.77M |
|
2654
CALL
Everest Group
EG
$14.2B
| $9.76M | ﹤0.01% |
27,600
+16,500
| +149% | +$6.39M |
|
2655
CALL
Coty
COTY
$2.51B
| $9.74M | ﹤0.01% |
784,300
-240,600
| -23% | -$2.6M |
|
2656
Schwab US REIT ETF
SCHH
$11.4B
| $9.72M | ﹤0.01% |
469,359
+320,305
| +215% | +$5.95M |
|
2657
CALL
Northern Trust
NTRS
$35B
| $9.71M | ﹤0.01% |
115,100
-200,000
| -63% | -$14.8M |
|
2658
PUT
Viatris
VTRS
$18.6B
| $9.7M | ﹤0.01% |
896,000
-175,100
| -16% | -$1.68M |
|
|
CPE
2659
DELISTED
Callon Petroleum Company
CPE
| $9.7M | ﹤0.01% |
299,407
+132,724
| +80% | +$4.55M |
|
2660
PUT
Manchester United
MANU
$4.17B
| $9.7M | ﹤0.01% |
475,800
-333,800
| -41% | -$6.33M |
|
2661
CALL
Warner Music
WMG
$13.4B
| $9.7M | ﹤0.01% |
270,900
-33,700
| -11% | -$1.11M |
|
2662
The Mosaic Company
MOS
$6.87B
| $9.67M | ﹤0.01% |
270,649
-149,801
| -36% | -$5.29M |
|
2663
CALL
FTAI Aviation
FTAI
$22.3B
| $9.67M | ﹤0.01% |
208,300
-12,600
| -6% | -$503K |
|
|
BLD
2664
CALL
DELISTED
TopBuild
BLD
| $9.66M | ﹤0.01% |
25,800
+14,300
| +124% | +$4.09M |
|
2665
PUT
Mattel
MAT
$4.29B
| $9.64M | ﹤0.01% |
510,700
+148,300
| +41% | +$2.88M |
|
|
CMA
2666
DELISTED
Comerica
CMA
| $9.63M | ﹤0.01% |
172,588
-42,635
| -20% | -$1.93M |
|
2667
Omnicom Group
OMC
$24B
| $9.61M | ﹤0.01% |
111,079
+40,928
| +58% | +$3.23M |
|
2668
CALL
Unum
UNM
$14.8B
| $9.61M | ﹤0.01% |
212,500
-51,400
| -19% | -$2.34M |
|
2669
PUT
Starwood Property Trust
STWD
$6.03B
| $9.61M | ﹤0.01% |
457,000
+152,000
| +50% | +$2.98M |
|
|
HDV
2670
CALL
iShares Core High Dividend ETF
HDV
$15.1B
| $9.58M | ﹤0.01% |
469,500
+170,000
| +57% | +$3.35M |
|
2671
PUT
Macerich
MAC
$7.01B
| $9.57M | ﹤0.01% |
620,300
+77,800
| +14% | +$927K |
|
2672
Elastic
ESTC
$9.01B
| $9.55M | ﹤0.01% |
84,741
-3,531
| -4% | -$314K |
|
2673
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $9.54M | ﹤0.01% |
76,375
+69,797
| +1,061% | +$8.19M |
|
2674
CALL
Immunovant
IMVT
$8.64B
| $9.54M | ﹤0.01% |
226,500
-68,200
| -23% | -$2.51M |
|
2675
CALL
Eldorado Gold
EGO
$10.4B
| $9.54M | ﹤0.01% |
735,200
-4,037,100
| -85% | -$45.4M |
|
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.