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 | |
|---|---|---|---|---|---|---|
251
CALL
iShares US Real Estate ETF
IYR
$4.52B
| $332M | 0.06% |
3,626,800
+2,039,100
| +128% | +$167M |
|
252
CALL
Moderna
MRNA
$25.4B
| $331M | 0.06% |
3,333,100
+113,300
| +4% | +$9.53M |
|
253
PUT
Airbnb
ABNB
$108B
| $327M | 0.06% |
2,398,700
-523,000
| -18% | -$67.4M |
|
|
254
PUT
iShares China Large-Cap ETF
FXI
$4.2B
| $326M | 0.06% |
13,580,200
+3,579,000
| +36% | +$90.7M |
|
255
CALL
Hilton Worldwide
HLT
$72.6B
| $322M | 0.06% |
1,769,500
+740,800
| +72% | +$121M |
|
256
PUT
Applied Materials
AMAT
$435B
| $322M | 0.06% |
1,984,800
+132,700
| +7% | +$19.5M |
|
257
CALL
DoorDash
DASH
$92.1B
| $322M | 0.06% |
3,252,500
+229,300
| +8% | +$20.3M |
|
258
Linde
LIN
$221B
| $320M | 0.06% |
779,017
+525,799
| +208% | +$207M |
|
259
JPMorgan Chase
JPM
$971B
| $319M | 0.06% |
1,872,568
-583,496
| -24% | -$88.4M |
|
260
CALL
Enphase Energy
ENPH
$5.39B
| $317M | 0.06% |
2,401,300
+576,900
| +32% | +$61.2M |
|
261
CALL
Marriott International
MAR
$92.5B
| $317M | 0.06% |
1,406,700
+131,100
| +10% | +$26.6M |
|
262
CALL
AT&T
T
$166B
| $317M | 0.06% |
18,868,200
-3,114,900
| -14% | -$49.2M |
|
263
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $316M | 0.06% |
2,308,200
-1,547,300
| -40% | -$218M |
|
264
Bank of America
BAC
$453B
| $315M | 0.06% |
9,340,799
-5,193,863
| -36% | -$151M |
|
265
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $311M | 0.06% |
3,474,800
-716,400
| -17% | -$59.3M |
|
266
PUT
Merck
MRK
$328B
| $310M | 0.06% |
2,844,200
+956,100
| +51% | +$99.2M |
|
267
iShares MSCI Emerging Markets ETF
EEM
$30.4B
| $309M | 0.06% |
7,688,923
+6,451,471
| +521% | +$249M |
|
268
CALL
Deere & Co
DE
$167B
| $309M | 0.06% |
773,100
+1,300
| +0.2% | +$490K |
|
269
PUT
Union Pacific
UNP
$174B
| $308M | 0.06% |
1,253,100
+190,500
| +18% | +$41.9M |
|
270
PUT
Procter & Gamble
PG
$335B
| $307M | 0.06% |
2,096,600
+558,600
| +36% | +$82.7M |
|
|
271
CALL
Merck
MRK
$328B
| $307M | 0.06% |
2,812,600
-852,000
| -23% | -$88.4M |
|
272
Alphabet (Google) Class C
GOOG
$4.19T
| $306M | 0.06% |
2,172,743
-65,238
| -3% | -$8.85M |
|
273
CALL
Danaher
DHR
$145B
| $306M | 0.06% |
1,321,000
+322,946
| +32% | +$68.7M |
|
274
CALL
Accenture
ACN
$110B
| $305M | 0.06% |
870,000
-83,700
| -9% | -$27M |
|
275
CALL
American Express
AXP
$232B
| $304M | 0.06% |
1,624,600
+505,100
| +45% | +$81.3M |
|
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.