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 | |
|---|---|---|---|---|---|---|
3701
PUT
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $4.88M | ﹤0.01% |
74,100
+59,400
| +404% | +$3.73M |
|
3702
CALL
BlueLinx
BXC
$680M
| $4.87M | ﹤0.01% |
43,000
+15,100
| +54% | +$1.31M |
|
3703
CALL
Veralto
VLTO
$23.8B
| $4.87M | ﹤0.01% |
+59,200
| New | +$4.42M |
|
|
MRSH
3704
PUT
Marsh
MRSH
$89.6B
| $4.87M | ﹤0.01% |
25,700
-27,200
| -51% | -$5.26M |
|
3705
Vanguard Energy ETF
VDE
$10.6B
| $4.87M | ﹤0.01% |
41,518
+32,099
| +341% | +$3.85M |
|
3706
PUT
Fluence Energy
FLNC
$2.43B
| $4.87M | ﹤0.01% |
204,100
+162,100
| +386% | +$3.41M |
|
3707
Coupang
CPNG
$29B
| $4.87M | ﹤0.01% |
300,666
-944,047
| -76% | -$15.6M |
|
3708
abrdn Physical Silver Shares ETF
SIVR
$4.49B
| $4.87M | ﹤0.01% |
213,738
+182,433
| +583% | +$4.06M |
|
3709
PUT
A.O. Smith
AOS
$8.45B
| $4.86M | ﹤0.01% |
59,000
-52,400
| -47% | -$3.86M |
|
3710
CALL
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.29B
| $4.86M | ﹤0.01% |
57,000
-28,500
| -33% | -$2.12M |
|
3711
Sanofi
SNY
$105B
| $4.86M | ﹤0.01% |
97,729
+7,065
| +8% | +$345K |
|
3712
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $4.86M | ﹤0.01% |
121,300
+75,500
| +165% | +$2.71M |
|
3713
FirstCash
FCFS
$9.31B
| $4.86M | ﹤0.01% |
44,813
+39,547
| +751% | +$4.28M |
|
3714
Maplebear
CART
$11.3B
| $4.86M | ﹤0.01% |
+206,899
| New | +$5.2M |
|
3715
ProShares VIX Mid-Term Futures ETF
VIXM
$94.3M
| $4.85M | ﹤0.01% |
289,261
-22,437
| -7% | -$416K |
|
3716
CALL
Paysafe
PSFE
$340M
| $4.84M | ﹤0.01% |
378,400
-19,300
| -5% | -$213K |
|
3717
CALL
BlackLine
BL
$1.77B
| $4.84M | ﹤0.01% |
77,500
+6,400
| +9% | +$362K |
|
|
MFA
3718
PUT
MFA Financial
MFA
$926M
| $4.84M | ﹤0.01% |
429,200
+11,800
| +3% | +$119K |
|
3719
Dave & Buster's
PLAY
$354M
| $4.83M | ﹤0.01% |
89,758
+42,581
| +90% | +$1.72M |
|
3720
PUT
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $4.83M | ﹤0.01% |
54,900
-13,900
| -20% | -$1.23M |
|
3721
CALL
PagerDuty
PD
$918M
| $4.83M | ﹤0.01% |
208,600
+116,600
| +127% | +$2.52M |
|
3722
PUT
Petrobras Class A
PBR.A
$104B
| $4.83M | ﹤0.01% |
315,900
+229,200
| +264% | +$3.28M |
|
3723
PUT
Northern Oil and Gas
NOG
$2.61B
| $4.82M | ﹤0.01% |
130,100
-40,600
| -24% | -$1.54M |
|
3724
PUT
Celldex Therapeutics
CLDX
$3.29B
| $4.82M | ﹤0.01% |
121,600
-4,200
| -3% | -$124K |
|
3725
QuidelOrtho
QDEL
$981M
| $4.82M | ﹤0.01% |
65,433
-18,705
| -22% | -$1.26M |
|
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.