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 | |
|---|---|---|---|---|---|---|
2726
CALL
Nexstar Media Group
NXST
$5.84B
| $9.09M | ﹤0.01% |
58,000
+16,500
| +40% | +$2.42M |
|
2727
Calumet Specialty Products
CLMT
$4.19B
| $9.09M | ﹤0.01% |
508,611
+116,840
| +30% | +$1.89M |
|
2728
Samsara
IOT
$23.2B
| $9.06M | ﹤0.01% |
271,448
+48,681
| +22% | +$1.35M |
|
2729
Lantheus
LNTH
$6.59B
| $9.06M | ﹤0.01% |
146,113
+139,759
| +2,200% | +$9.47M |
|
2730
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $9.05M | ﹤0.01% |
254,664
+27,821
| +12% | +$953K |
|
2731
CALL
Invesco CurrencyShares Canadian Dollar Trust
FXC
$73.9M
| $9.05M | ﹤0.01% |
122,500
+51,000
| +71% | +$3.67M |
|
2732
CALL
CBRE Group
CBRE
$44.3B
| $9.05M | ﹤0.01% |
97,200
-32,700
| -25% | -$2.54M |
|
2733
Chord Energy
CHRD
$7.51B
| $9.05M | ﹤0.01% |
54,432
-20,193
| -27% | -$3.3M |
|
|
AL
2734
DELISTED
Air Lease Corp
AL
| $9.04M | ﹤0.01% |
215,590
+89,693
| +71% | +$3.4M |
|
2735
CALL
Constellium
CSTM
$4.01B
| $9.03M | ﹤0.01% |
452,600
+356,600
| +371% | +$6.24M |
|
|
2736
CALL
Calumet Specialty Products
CLMT
$4.19B
| $9.02M | ﹤0.01% |
505,000
-145,900
| -22% | -$2.37M |
|
2737
PUT
Huntington Bancshares
HBAN
$36.2B
| $9.02M | ﹤0.01% |
709,400
+164,200
| +30% | +$1.8M |
|
2738
Labcorp
LH
$25.8B
| $9.02M | ﹤0.01% |
39,697
+434
| +1% | +$91.2K |
|
2739
PBF Energy
PBF
$8.52B
| $9.02M | ﹤0.01% |
205,174
-29,210
| -12% | -$1.33M |
|
2740
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $9.01M | ﹤0.01% |
288,900
+117,100
| +68% | +$3.5M |
|
|
LSXMA
2741
PUT
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $9.01M | ﹤0.01% |
313,400
+201,800
| +181% | +$5.28M |
|
2742
PUT
iShares Russell 1000 Value ETF
IWD
$84.2B
| $9.01M | ﹤0.01% |
54,500
+42,200
| +343% | +$6.52M |
|
2743
Global Payments
GPN
$24.6B
| $9M | ﹤0.01% |
70,867
-51,677
| -42% | -$5.98M |
|
|
KEEL
2744
CALL
Keel Infrastructure Corp
KEEL
$2.17B
| $9M | ﹤0.01% |
3,092,700
+1,746,900
| +130% | +$2.81M |
|
2745
CALL
Itaú Unibanco
ITUB
$81.6B
| $9M | ﹤0.01% |
1,466,895
-990,129
| -40% | -$5.25M |
|
2746
CALL
Stellantis
STLA
$20.2B
| $8.99M | ﹤0.01% |
385,400
-149,500
| -28% | -$3.09M |
|
2747
PUT
Copa Holdings
CPA
$6.14B
| $8.98M | ﹤0.01% |
84,500
+13,800
| +20% | +$1.26M |
|
2748
Toll Brothers
TOL
$13.9B
| $8.98M | ﹤0.01% |
87,334
+26,157
| +43% | +$2.18M |
|
2749
CALL
Box
BOX
$4.52B
| $8.97M | ﹤0.01% |
350,300
+64,800
| +23% | +$1.64M |
|
2750
PUT
Kinross Gold
KGC
$32.4B
| $8.97M | ﹤0.01% |
1,482,000
-1,138,000
| -43% | -$6.22M |
|
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.