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 | |
|---|---|---|---|---|---|---|
3476
PUT
Aehr Test Systems
AEHR
$4.37B
| $5.62M | ﹤0.01% |
212,000
-13,300
| -6% | -$388K |
|
3477
PUT
Wabtec
WAB
$50.5B
| $5.62M | ﹤0.01% |
44,300
+1,900
| +4% | +$214K |
|
3478
PUT
H&R Block
HRB
$6.83B
| $5.62M | ﹤0.01% |
116,200
+61,800
| +114% | +$2.75M |
|
3479
PUT
Sweetgreen
SG
$748M
| $5.62M | ﹤0.01% |
497,200
-304,900
| -38% | -$3.21M |
|
3480
CALL
Owens Corning
OC
$12.2B
| $5.62M | ﹤0.01% |
37,900
-71,700
| -65% | -$9.5M |
|
3481
CALL
ProShares S&P 500 Dividend Aristocrats ETF
NOBL
$11.9B
| $5.62M | ﹤0.01% |
118,000
-32,600
| -22% | -$1.46M |
|
3482
CALL
CoreCivic
CXW
$3.25B
| $5.61M | ﹤0.01% |
386,300
+164,000
| +74% | +$2.17M |
|
3483
PUT
Northern Trust
NTRS
$35B
| $5.61M | ﹤0.01% |
66,500
-96,000
| -59% | -$7.1M |
|
3484
CALL
Banco Macro
BMA
$4.96B
| $5.61M | ﹤0.01% |
195,500
+107,400
| +122% | +$2.45M |
|
3485
PUT
STMicroelectronics
STM
$48.5B
| $5.61M | ﹤0.01% |
111,900
+27,200
| +32% | +$1.22M |
|
3486
CALL
iRhythm Holdings
IRTC
$4.17B
| $5.61M | ﹤0.01% |
52,400
-28,000
| -35% | -$2.44M |
|
3487
CALL
Revolution Medicines
RVMD
$43.7B
| $5.61M | ﹤0.01% |
195,500
+20,800
| +12% | +$500K |
|
3488
PUT
Invitation Homes
INVH
$18B
| $5.6M | ﹤0.01% |
164,100
-18,400
| -10% | -$599K |
|
3489
CALL
Hims & Hers Health
HIMS
$6.57B
| $5.6M | ﹤0.01% |
628,700
-111,600
| -15% | -$825K |
|
3490
Nutrien
NTR
$32.6B
| $5.6M | ﹤0.01% |
99,330
+65,214
| +191% | +$3.69M |
|
3491
CALL
Bumble
BMBL
$358M
| $5.59M | ﹤0.01% |
379,400
+207,400
| +121% | +$2.94M |
|
3492
PUT
Vermilion Energy
VET
$1.73B
| $5.59M | ﹤0.01% |
463,200
+11,600
| +3% | +$153K |
|
3493
CALL
Red Rock Resorts
RRR
$3.76B
| $5.58M | ﹤0.01% |
104,700
+22,000
| +27% | +$976K |
|
|
SAGE
3494
DELISTED
Sage Therapeutics
SAGE
| $5.58M | ﹤0.01% |
257,647
+200,565
| +351% | +$3.97M |
|
3495
PUT
SLM Corp
SLM
$5.27B
| $5.58M | ﹤0.01% |
291,900
+215,700
| +283% | +$3.26M |
|
3496
Federal Agricultural Mortgage
AGM
$2.53B
| $5.58M | ﹤0.01% |
29,167
-29,188
| -50% | -$4.75M |
|
3497
PUT
nCino
NCNO
$2.28B
| $5.58M | ﹤0.01% |
165,800
-81,500
| -33% | -$2.43M |
|
3498
PUT
Evolent Health
EVH
$529M
| $5.57M | ﹤0.01% |
168,700
+126,500
| +300% | +$3.58M |
|
3499
CALL
Structure Therapeutics
GPCR
$3.87B
| $5.56M | ﹤0.01% |
+136,500
| New | +$7.82M |
|
3500
PUT
Nokia
NOK
$60.1B
| $5.56M | ﹤0.01% |
1,625,500
-2,310,100
| -59% | -$7.85M |
|
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.