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 | |
|---|---|---|---|---|---|---|
3351
PUT
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $6.11M | ﹤0.01% |
113,400
+73,500
| +184% | +$3.55M |
|
3352
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $6.1M | ﹤0.01% |
105,300
+12,800
| +14% | +$699K |
|
3353
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $6.1M | ﹤0.01% |
75,300
-53,500
| -42% | -$3.83M |
|
3354
CALL
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $6.1M | ﹤0.01% |
184,600
-218,700
| -54% | -$6.98M |
|
3355
CALL
Assurant
AIZ
$13.9B
| $6.1M | ﹤0.01% |
36,200
+5,000
| +16% | +$795K |
|
3356
CALL
Modine Manufacturing
MOD
$11.1B
| $6.1M | ﹤0.01% |
102,100
+26,500
| +35% | +$1.3M |
|
3357
PUT
Cooper Companies
COO
$14.9B
| $6.09M | ﹤0.01% |
64,400
+15,200
| +31% | +$1.28M |
|
3358
Fortuna Silver Mines
FSM
$3.16B
| $6.09M | ﹤0.01% |
1,577,904
+144,255
| +10% | +$482K |
|
3359
PUT
Schrodinger
SDGR
$1.32B
| $6.09M | ﹤0.01% |
170,000
-27,000
| -14% | -$783K |
|
3360
PUT
Marriott Vacations Worldwide
VAC
$4.16B
| $6.07M | ﹤0.01% |
71,500
+16,100
| +29% | +$1.37M |
|
3361
Group 1 Automotive
GPI
$3.15B
| $6.07M | ﹤0.01% |
19,904
+4,514
| +29% | +$1.23M |
|
3362
SouthState Bank Corp
SSB
$10.8B
| $6.06M | ﹤0.01% |
71,806
+40,372
| +128% | +$2.98M |
|
3363
PUT
FuboTV Inc
FUBO
$307M
| $6.06M | ﹤0.01% |
158,892
+14,942
| +10% | +$517K |
|
3364
Ryder
R
$10.1B
| $6.06M | ﹤0.01% |
52,666
-51,646
| -50% | -$5.43M |
|
3365
PUT
Ventas
VTR
$46.9B
| $6.06M | ﹤0.01% |
121,500
+300
| +0.2% | +$13.4K |
|
3366
PUT
Celestica
CLS
$42.3B
| $6.06M | ﹤0.01% |
206,800
+143,200
| +225% | +$3.81M |
|
3367
CALL
Apple Hospitality REIT
APLE
$3.79B
| $6.05M | ﹤0.01% |
364,500
+58,400
| +19% | +$948K |
|
3368
BorgWarner
BWA
$14B
| $6.05M | ﹤0.01% |
168,777
+65,723
| +64% | +$2.35M |
|
3369
Global X Emerging Markets Great Consumer ETF
EMC
$57.4M
| $6.04M | ﹤0.01% |
237,985
-38,200
| -14% | -$925K |
|
3370
CALL
Alerian MLP ETF
AMLP
$13.2B
| $6.04M | ﹤0.01% |
142,100
-200,300
| -58% | -$8.49M |
|
3371
PUT
Anavex Life Sciences
AVXL
$298M
| $6.04M | ﹤0.01% |
648,300
+160,300
| +33% | +$1.1M |
|
3372
PUT
Cracker Barrel
CBRL
$1.29B
| $6.04M | ﹤0.01% |
78,300
-1,100
| -1% | -$78.9K |
|
3373
Clarivate
CLVT
$1.23B
| $6.03M | ﹤0.01% |
+651,461
| New | +$4.81M |
|
3374
Vanguard Health Care ETF
VHT
$18.9B
| $6.02M | ﹤0.01% |
24,017
+14,325
| +148% | +$3.39M |
|
3375
PUT
Yum China
YUMC
$16.3B
| $6.02M | ﹤0.01% |
141,800
-149,500
| -51% | -$6.96M |
|
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.