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 | |
|---|---|---|---|---|---|---|
2751
Deutsche Bank
DB
$72.5B
| $8.96M | ﹤0.01% |
661,547
+227,461
| +52% | +$2.68M |
|
2752
Jazz Pharmaceuticals
JAZZ
$15.9B
| $8.96M | ﹤0.01% |
72,863
+57,167
| +364% | +$7.13M |
|
2753
CALL
ACM Research
ACMR
$5.6B
| $8.96M | ﹤0.01% |
458,600
-109,600
| -19% | -$1.92M |
|
2754
DraftKings
DKNG
$13B
| $8.96M | ﹤0.01% |
254,087
-337,160
| -57% | -$11.3M |
|
2755
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $8.96M | ﹤0.01% |
57,081
-13,518
| -19% | -$1.98M |
|
2756
CALL
Atmos Energy
ATO
$28.7B
| $8.95M | ﹤0.01% |
77,200
-24,500
| -24% | -$2.74M |
|
|
DQ
2757
CALL
Daqo New Energy
DQ
$991M
| $8.95M | ﹤0.01% |
336,300
-53,800
| -14% | -$1.37M |
|
|
TWO
2758
CALL
Two Harbors Investment
TWO
$1.27B
| $8.94M | ﹤0.01% |
642,100
+350,900
| +121% | +$4.53M |
|
2759
AES
AES
$10.5B
| $8.94M | ﹤0.01% |
464,599
-317,258
| -41% | -$5.16M |
|
2760
Invesco Actively Managed Exch-Traded Commodity Fd Tr Invesco Optimum Yield Diversified Commodity Strategy No K-1 ETF
PDBC
$6.66B
| $8.94M | ﹤0.01% |
+672,352
| New | +$9.64M |
|
2761
PUT
Equity Residential
EQR
$24.7B
| $8.94M | ﹤0.01% |
146,200
-26,700
| -15% | -$1.54M |
|
2762
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $8.94M | ﹤0.01% |
44,789
+32,582
| +267% | +$9.74M |
|
2763
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $8.93M | ﹤0.01% |
93,380
-2,247
| -2% | -$183K |
|
|
K
2764
DELISTED
Kellanova
K
| $8.93M | ﹤0.01% |
159,677
-172,473
| -52% | -$9.01M |
|
2765
CALL
Green Plains
GPRE
$1.09B
| $8.93M | ﹤0.01% |
353,900
-313,800
| -47% | -$8.3M |
|
|
BPMC
2766
CALL
DELISTED
Blueprint Medicines
BPMC
| $8.92M | ﹤0.01% |
96,700
+52,000
| +116% | +$3.37M |
|
2767
Sensata Technologies
ST
$6.73B
| $8.92M | ﹤0.01% |
237,297
+204,304
| +619% | +$7.06M |
|
2768
Dimensional US Small Cap ETF
DFAS
$16B
| $8.91M | ﹤0.01% |
149,485
+130,089
| +671% | +$6.97M |
|
2769
Rio Tinto
RIO
$156B
| $8.91M | ﹤0.01% |
119,679
+35,582
| +42% | +$2.39M |
|
2770
PUT
International Seaways
INSW
$4.81B
| $8.9M | ﹤0.01% |
195,800
+119,100
| +155% | +$5.48M |
|
2771
PUT
QuidelOrtho
QDEL
$981M
| $8.9M | ﹤0.01% |
120,700
+48,700
| +68% | +$3.29M |
|
2772
PUT
AeroVironment
AVAV
$9.76B
| $8.89M | ﹤0.01% |
70,500
-37,300
| -35% | -$4.56M |
|
2773
PUT
Vail Resorts
MTN
$5.28B
| $8.88M | ﹤0.01% |
41,600
-14,900
| -26% | -$3.26M |
|
2774
CALL
Criteo S.A.
CRTO
$955M
| $8.87M | ﹤0.01% |
350,300
+308,000
| +728% | +$8.01M |
|
2775
PUT
VinFast Auto
VFS
$7.42B
| $8.86M | ﹤0.01% |
1,059,100
-481,100
| -31% | -$3.3M |
|
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.