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 | |
|---|---|---|---|---|---|---|
3001
PUT
Groupon
GRPN
$875M
| $7.61M | ﹤0.01% |
592,600
-373,000
| -39% | -$4.48M |
|
3002
CALL
Genuine Parts
GPC
$18.6B
| $7.6M | ﹤0.01% |
54,900
-26,700
| -33% | -$3.66M |
|
3003
CALL
Cogent Communications
CCOI
$579M
| $7.59M | ﹤0.01% |
99,800
+41,600
| +71% | +$2.78M |
|
3004
Celanese
CE
$5.01B
| $7.59M | ﹤0.01% |
48,838
-125,571
| -72% | -$16.4M |
|
3005
CALL
Brink's
BCO
$4.71B
| $7.58M | ﹤0.01% |
86,200
+46,900
| +119% | +$3.6M |
|
|
ITOS
3006
PUT
DELISTED
iTeos Therapeutics
ITOS
| $7.58M | ﹤0.01% |
691,800
+503,500
| +267% | +$4.99M |
|
3007
International Paper
IP
$21.6B
| $7.56M | ﹤0.01% |
209,066
+33,327
| +19% | +$1.16M |
|
3008
CALL
Sundial Growers
SNDL
$313M
| $7.56M | ﹤0.01% |
4,606,900
-140,300
| -3% | -$211K |
|
3009
Huntsman Corp
HUN
$1.81B
| $7.55M | ﹤0.01% |
300,268
-366,517
| -55% | -$8.91M |
|
3010
ResMed
RMD
$32.4B
| $7.55M | ﹤0.01% |
43,864
-89,116
| -67% | -$13.7M |
|
3011
Comfort Systems
FIX
$62.4B
| $7.54M | ﹤0.01% |
36,682
+14,345
| +64% | +$2.65M |
|
3012
CALL
Hyatt Hotels
H
$17.1B
| $7.54M | ﹤0.01% |
57,800
-38,000
| -40% | -$4.31M |
|
3013
PUT
Global X Lithium & Battery Tech ETF
LIT
$1.61B
| $7.53M | ﹤0.01% |
147,900
+117,800
| +391% | +$5.84M |
|
3014
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $7.52M | ﹤0.01% |
41,808
+31,317
| +299% | +$5.11M |
|
|
OSG
3015
CALL
Octave Specialty Group
OSG
$221M
| $7.52M | ﹤0.01% |
456,100
+370,100
| +430% | +$5.15M |
|
3016
Under Armour
UAA
$2.3B
| $7.52M | ﹤0.01% |
855,072
+657,285
| +332% | +$5.06M |
|
3017
Pacific Biosciences
PACB
$357M
| $7.52M | ﹤0.01% |
766,165
+520,223
| +212% | +$4.25M |
|
3018
Liberty Energy
LBRT
$3.59B
| $7.51M | ﹤0.01% |
414,229
+370,477
| +847% | +$7.04M |
|
3019
CALL
Western Midstream Partners
WES
$20.2B
| $7.51M | ﹤0.01% |
256,800
-24,300
| -9% | -$679K |
|
|
SAND
3020
DELISTED
Sandstorm Gold
SAND
| $7.51M | ﹤0.01% |
1,493,608
+222,926
| +18% | +$1.06M |
|
3021
CALL
Icon
ICLR
$12.6B
| $7.5M | ﹤0.01% |
26,500
+17,500
| +194% | +$4.53M |
|
3022
CALL
Macerich
MAC
$7.01B
| $7.49M | ﹤0.01% |
485,700
+254,500
| +110% | +$3.03M |
|
3023
CALL
TAL Education Group
TAL
$6.46B
| $7.49M | ﹤0.01% |
592,900
+320,800
| +118% | +$3.32M |
|
3024
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $7.48M | ﹤0.01% |
120,911
-10,621
| -8% | -$607K |
|
3025
PUT
Alerian MLP ETF
AMLP
$13.2B
| $7.48M | ﹤0.01% |
176,000
-90,500
| -34% | -$3.84M |
|
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.