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 | |
|---|---|---|---|---|---|---|
3076
PUT
BlackBerry
BB
$5.22B
| $7.26M | ﹤0.01% |
2,051,000
+1,323,200
| +182% | +$4.97M |
|
3077
iShares US Medical Devices ETF
IHI
$3.46B
| $7.25M | ﹤0.01% |
134,394
+116,728
| +661% | +$5.7M |
|
|
GTM
3078
PUT
ZoomInfo Technologies
GTM
$1.18B
| $7.25M | ﹤0.01% |
392,200
-46,900
| -11% | -$735K |
|
3079
Atmos Energy
ATO
$28.7B
| $7.25M | ﹤0.01% |
62,548
-135,013
| -68% | -$15.1M |
|
3080
CALL
Magna International
MGA
$18.8B
| $7.25M | ﹤0.01% |
122,700
-13,500
| -10% | -$728K |
|
3081
CALL
Elanco Animal Health
ELAN
$11.8B
| $7.25M | ﹤0.01% |
486,500
+213,900
| +78% | +$2.42M |
|
3082
PUT
Progyny
PGNY
$2.02B
| $7.25M | ﹤0.01% |
194,900
-46,300
| -19% | -$1.55M |
|
3083
CALL
Intellia Therapeutics
NTLA
$1.67B
| $7.24M | ﹤0.01% |
237,600
+131,400
| +124% | +$3.78M |
|
3084
PUT
FirstEnergy
FE
$27.4B
| $7.24M | ﹤0.01% |
197,500
-55,800
| -22% | -$2.02M |
|
3085
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $7.23M | ﹤0.01% |
267,032
+183,434
| +219% | +$5.37M |
|
3086
iShares Russell Top 200 Value ETF
IWX
$4.04B
| $7.22M | ﹤0.01% |
102,901
+82,195
| +397% | +$5.45M |
|
3087
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $7.2M | ﹤0.01% |
212,500
+124,600
| +142% | +$3.74M |
|
3088
PUT
Tanger
SKT
$4.42B
| $7.2M | ﹤0.01% |
259,600
-9,800
| -4% | -$244K |
|
3089
Interactive Brokers
IBKR
$41.7B
| $7.19M | ﹤0.01% |
347,148
-386,688
| -53% | -$7.91M |
|
3090
F5
FFIV
$22.8B
| $7.19M | ﹤0.01% |
40,179
-32,817
| -45% | -$5.35M |
|
3091
PUT
Corning
GLW
$143B
| $7.18M | ﹤0.01% |
235,700
-29,300
| -11% | -$838K |
|
3092
PUT
PTC
PTC
$16.2B
| $7.17M | ﹤0.01% |
41,000
-24,800
| -38% | -$3.8M |
|
3093
Equitable Holdings
EQH
$14.5B
| $7.16M | ﹤0.01% |
215,128
+15,513
| +8% | +$454K |
|
3094
Delek US
DK
$4.01B
| $7.15M | ﹤0.01% |
277,164
-30,971
| -10% | -$819K |
|
3095
PUT
M/I Homes
MHO
$3.85B
| $7.15M | ﹤0.01% |
51,900
-6,400
| -11% | -$640K |
|
3096
NOV
NOV
$7.54B
| $7.14M | ﹤0.01% |
352,230
+190,710
| +118% | +$3.75M |
|
3097
CALL
ARK Blockchain & Fintech Innovation ETF
ARKF
$771M
| $7.14M | ﹤0.01% |
258,900
+76,200
| +42% | +$1.68M |
|
|
WRK
3098
DELISTED
WestRock Company
WRK
| $7.13M | ﹤0.01% |
171,727
+12,354
| +8% | +$475K |
|
3099
PUT
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $7.11M | ﹤0.01% |
27,780
-9,265
| -25% | -$2.27M |
|
3100
CALL
LGI Homes
LGIH
$1.39B
| $7.1M | ﹤0.01% |
53,300
+5,200
| +11% | +$577K |
|
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.