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 | |
|---|---|---|---|---|---|---|
3376
CALL
Semtech
SMTC
$13.1B
| $6.02M | ﹤0.01% |
274,600
+86,300
| +46% | +$1.6M |
|
3377
PUT
Ryder
R
$10.1B
| $6.01M | ﹤0.01% |
52,200
-29,600
| -36% | -$3.11M |
|
3378
CALL
Walker & Dunlop
WD
$1.46B
| $6.01M | ﹤0.01% |
54,100
+43,600
| +415% | +$3.58M |
|
3379
State Street SPDR Bloomberg Investment Grade Floating Rate ETF
FLRN
$2.97B
| $6M | ﹤0.01% |
196,287
+188,769
| +2,511% | +$5.78M |
|
3380
Radian Group
RDN
$4.98B
| $6M | ﹤0.01% |
210,034
+152,940
| +268% | +$4.03M |
|
3381
PUT
Fastly Inc
FSLY
$4.77B
| $5.99M | ﹤0.01% |
336,300
-194,000
| -37% | -$3.27M |
|
3382
CALL
FS KKR Capital
FSK
$3.42B
| $5.99M | ﹤0.01% |
299,700
+67,400
| +29% | +$1.32M |
|
3383
JPMorgan BetaBuilders US Equity ETF
BBUS
$9.26B
| $5.98M | ﹤0.01% |
69,605
+66,749
| +2,337% | +$5.37M |
|
3384
PUT
Ciena
CIEN
$60.7B
| $5.97M | ﹤0.01% |
132,700
+26,200
| +25% | +$1.16M |
|
3385
PUT
Sysco
SYY
$39.7B
| $5.97M | ﹤0.01% |
81,600
-119,400
| -59% | -$8.24M |
|
3386
CALL
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $5.97M | ﹤0.01% |
61,580
+6,970
| +13% | +$1.36M |
|
3387
PUT
Costamare
CMRE
$1.77B
| $5.96M | ﹤0.01% |
573,000
+223,100
| +64% | +$2.13M |
|
3388
CALL
Arch Capital
ACGL
$33.7B
| $5.96M | ﹤0.01% |
80,300
+30,400
| +61% | +$2.48M |
|
3389
iShares Global Tech ETF
IXN
$9.42B
| $5.96M | ﹤0.01% |
87,461
+13,941
| +19% | +$877K |
|
3390
Intellia Therapeutics
NTLA
$1.67B
| $5.96M | ﹤0.01% |
195,499
+87,710
| +81% | +$2.52M |
|
3391
CALL
VeriSign
VRSN
$25.7B
| $5.95M | ﹤0.01% |
28,900
-66,900
| -70% | -$13.9M |
|
3392
AllianzIM U.S. Equity Buffer10 May ETF
MAYT
$237M
| $5.95M | ﹤0.01% |
+212,220
| New | +$5.65M |
|
3393
CALL
Dycom Industries
DY
$12.6B
| $5.95M | ﹤0.01% |
51,700
+35,600
| +221% | +$3.38M |
|
|
FYBR
3394
DELISTED
Frontier Communications
FYBR
| $5.95M | ﹤0.01% |
234,749
+45,741
| +24% | +$924K |
|
|
LOGC
3395
CALL
DELISTED
ContextLogic
LOGC
| $5.95M | ﹤0.01% |
999,600
+106,000
| +12% | +$516K |
|
3396
PUT
Plains GP Holdings
PAGP
$5.11B
| $5.94M | ﹤0.01% |
372,700
+76,600
| +26% | +$1.21M |
|
3397
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.54B
| $5.94M | ﹤0.01% |
413,600
+183,900
| +80% | +$2.57M |
|
3398
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $5.94M | ﹤0.01% |
19,500
+1,100
| +6% | +$307K |
|
3399
The GEO Group
GEO
$4.11B
| $5.94M | ﹤0.01% |
548,216
-237,890
| -30% | -$2.27M |
|
3400
TeraWulf
WULF
$8.67B
| $5.94M | ﹤0.01% |
2,473,184
+1,993,166
| +415% | +$2.72M |
|
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.