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 | |
|---|---|---|---|---|---|---|
3026
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $7.48M | ﹤0.01% |
96,200
+36,500
| +61% | +$2.59M |
|
3027
Iron Mountain
IRM
$38.5B
| $7.47M | ﹤0.01% |
106,746
-73,390
| -41% | -$4.6M |
|
3028
CALL
RPM International
RPM
$14.5B
| $7.46M | ﹤0.01% |
66,800
+15,700
| +31% | +$1.59M |
|
3029
PUT
MP Materials
MP
$10.5B
| $7.45M | ﹤0.01% |
375,300
-157,600
| -30% | -$2.69M |
|
3030
CALL
KBR
KBR
$4.84B
| $7.45M | ﹤0.01% |
134,400
-165,700
| -55% | -$9.14M |
|
|
WW
3031
PUT
DELISTED
WW International
WW
| $7.45M | ﹤0.01% |
850,900
+396,100
| +87% | +$3.36M |
|
3032
CALL
Jackson Financial
JXN
$9.17B
| $7.44M | ﹤0.01% |
145,400
-163,200
| -53% | -$7.18M |
|
3033
CALL
SLM Corp
SLM
$5.27B
| $7.44M | ﹤0.01% |
389,200
+338,800
| +672% | +$5.12M |
|
3034
Helmerich & Payne
HP
$4.42B
| $7.43M | ﹤0.01% |
205,047
+108,634
| +113% | +$4.2M |
|
3035
PUT
Levi Strauss
LEVI
$8.68B
| $7.43M | ﹤0.01% |
449,000
-10,900
| -2% | -$162K |
|
3036
PUT
Hormel Foods
HRL
$13.5B
| $7.42M | ﹤0.01% |
231,200
+61,400
| +36% | +$2M |
|
3037
AstraZeneca
AZN
$243B
| $7.42M | ﹤0.01% |
55,113
+36,601
| +198% | +$4.76M |
|
3038
PUT
Rambus
RMBS
$10.9B
| $7.41M | ﹤0.01% |
108,600
+36,700
| +51% | +$2.29M |
|
3039
CALL
Under Armour
UAA
$2.3B
| $7.41M | ﹤0.01% |
842,900
+59,700
| +8% | +$459K |
|
3040
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $7.4M | ﹤0.01% |
740,447
+258,808
| +54% | +$2.33M |
|
3041
CALL
Equitable Holdings
EQH
$14.5B
| $7.4M | ﹤0.01% |
222,100
+175,200
| +374% | +$5.13M |
|
3042
CALL
CoStar Group
CSGP
$13.1B
| $7.39M | ﹤0.01% |
84,600
+14,900
| +21% | +$1.21M |
|
3043
PUT
United Therapeutics
UTHR
$21.4B
| $7.39M | ﹤0.01% |
33,600
-26,500
| -44% | -$6.11M |
|
3044
Williams-Sonoma
WSM
$28.4B
| $7.39M | ﹤0.01% |
73,210
-27,838
| -28% | -$2.41M |
|
3045
Elbit Systems
ESLT
$36.7B
| $7.39M | ﹤0.01% |
34,631
-18,595
| -35% | -$3.75M |
|
3046
PUT
Otis Worldwide
OTIS
$27.6B
| $7.38M | ﹤0.01% |
82,500
+18,600
| +29% | +$1.55M |
|
3047
PUT
MarketAxess Holdings
MKTX
$5.72B
| $7.38M | ﹤0.01% |
25,200
-6,700
| -21% | -$1.62M |
|
3048
Huron Consulting
HURN
$2.42B
| $7.37M | ﹤0.01% |
71,686
+4,175
| +6% | +$429K |
|
3049
CALL
Groupon
GRPN
$875M
| $7.37M | ﹤0.01% |
573,800
-167,400
| -23% | -$2.01M |
|
3050
CALL
Birkenstock
BIRK
$7B
| $7.36M | ﹤0.01% |
+151,100
| New | +$6.54M |
|
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.