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 | |
|---|---|---|---|---|---|---|
3301
Raymond James Financial
RJF
$34.8B
| $6.32M | ﹤0.01% |
56,688
-49,346
| -47% | -$5.08M |
|
3302
argenx
ARGX
$53.3B
| $6.32M | ﹤0.01% |
+16,603
| New | +$7.74M |
|
3303
PUT
EyePoint Inc
EYPT
$1.27B
| $6.31M | ﹤0.01% |
273,200
+207,200
| +314% | +$2.32M |
|
3304
CALL
Shoals Technologies Group
SHLS
$1.42B
| $6.31M | ﹤0.01% |
405,900
-320,700
| -44% | -$4.85M |
|
3305
iShares MSCI Brazil Small-Cap ETF
EWZS
$205M
| $6.31M | ﹤0.01% |
418,731
+384,890
| +1,137% | +$5.28M |
|
3306
CALL
Comfort Systems
FIX
$62.4B
| $6.29M | ﹤0.01% |
30,600
+9,900
| +48% | +$1.83M |
|
3307
Kinsale Capital Group
KNSL
$8.64B
| $6.29M | ﹤0.01% |
18,781
-81,264
| -81% | -$30.1M |
|
3308
CALL
Tencent Music
TME
$14.5B
| $6.28M | ﹤0.01% |
697,000
+436,800
| +168% | +$3.38M |
|
3309
CALL
Lightspeed Commerce
LSPD
$1.38B
| $6.26M | ﹤0.01% |
298,300
-197,500
| -40% | -$3.13M |
|
|
CSW
3310
CSW Industrials
CSW
$5.62B
| $6.26M | ﹤0.01% |
30,172
+3,272
| +12% | +$594K |
|
3311
Seagate
STX
$221B
| $6.25M | ﹤0.01% |
73,247
-93,057
| -56% | -$6.94M |
|
3312
PUT
Republic Services
RSG
$65.7B
| $6.25M | ﹤0.01% |
37,900
-24,300
| -39% | -$3.77M |
|
3313
PUT
Freedom Holding
FRHC
$9.34B
| $6.24M | ﹤0.01% |
77,400
+21,800
| +39% | +$1.78M |
|
3314
Otter Tail
OTTR
$3.9B
| $6.24M | ﹤0.01% |
73,404
+56,451
| +333% | +$4.36M |
|
3315
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $6.21M | ﹤0.01% |
49,700
+12,300
| +33% | +$1.44M |
|
3316
PUT
Fiverr
FVRR
$324M
| $6.21M | ﹤0.01% |
228,100
+132,600
| +139% | +$3.28M |
|
3317
Green Plains
GPRE
$1.09B
| $6.21M | ﹤0.01% |
246,133
+173,020
| +237% | +$4.58M |
|
3318
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$755M
| $6.2M | ﹤0.01% |
109,638
+73,372
| +202% | +$4.1M |
|
3319
PUT
Exelixis
EXEL
$12.7B
| $6.2M | ﹤0.01% |
258,300
+121,000
| +88% | +$2.63M |
|
3320
CALL
Coca-Cola Europacific Partners
CCEP
$47.6B
| $6.19M | ﹤0.01% |
92,800
+49,200
| +113% | +$3.01M |
|
3321
PUT
TripAdvisor
TRIP
$1.26B
| $6.19M | ﹤0.01% |
287,500
+48,600
| +20% | +$852K |
|
3322
CALL
Xylem
XYL
$27.9B
| $6.19M | ﹤0.01% |
54,100
-63,200
| -54% | -$6.31M |
|
|
CNR
3323
Core Natural Resources Inc
CNR
$4.76B
| $6.18M | ﹤0.01% |
61,474
-93,774
| -60% | -$9.53M |
|
3324
iShares ESG Aware MSCI EM ETF
ESGE
$6.84B
| $6.18M | ﹤0.01% |
192,720
+104,839
| +119% | +$3.23M |
|
3325
Annaly Capital Management
NLY
$17.6B
| $6.18M | ﹤0.01% |
318,967
-83,144
| -21% | -$1.48M |
|
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.