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 | |
|---|---|---|---|---|---|---|
|
SOVO
3776
CALL
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $4.68M | ﹤0.01% |
212,500
-123,000
| -37% | -$2.7M |
|
3777
PUT
SM Energy
SM
$8.03B
| $4.68M | ﹤0.01% |
120,900
-67,200
| -36% | -$2.59M |
|
3778
MicroSectors U.S. Big Oil 3x Leveraged ETNs due Feb 17 2045
NRGU
$24.7M
| $4.68M | ﹤0.01% |
11,290
+5,693
| +102% | +$2.42M |
|
3779
CALL
ProShares UltraShort S&P500
SDS
$366M
| $4.67M | ﹤0.01% |
31,200
-13,620
| -30% | -$2.36M |
|
3780
CALL
Mid-America Apartment Communities
MAA
$15.5B
| $4.67M | ﹤0.01% |
34,700
+9,300
| +37% | +$1.18M |
|
3781
PUT
Eagle Materials
EXP
$6.4B
| $4.67M | ﹤0.01% |
23,000
-11,000
| -32% | -$1.93M |
|
3782
CALL
HDFC Bank
HDB
$120B
| $4.66M | ﹤0.01% |
139,000
+62,600
| +82% | +$1.89M |
|
3783
Trimble
TRMB
$13.4B
| $4.66M | ﹤0.01% |
87,647
-9,023
| -9% | -$430K |
|
3784
Invesco China Technology ETF
CQQQ
$3.18B
| $4.66M | ﹤0.01% |
+129,681
| New | +$4.67M |
|
3785
Invesco DB Agriculture Fund
DBA
$1.24B
| $4.66M | ﹤0.01% |
224,782
-9,273
| -4% | -$202K |
|
3786
PUT
Melco Resorts & Entertainment
MLCO
$2.17B
| $4.66M | ﹤0.01% |
525,400
-116,200
| -18% | -$947K |
|
3787
PUT
Parsons
PSN
$5.12B
| $4.66M | ﹤0.01% |
74,300
+63,900
| +614% | +$3.86M |
|
3788
CBIZ
CBZ
$2.96B
| $4.66M | ﹤0.01% |
74,419
-21,260
| -22% | -$1.2M |
|
3789
CALL
State Street SPDR Portfolio S&P 1500 Composite Stock Market ETF
SPTM
$14.1B
| $4.65M | ﹤0.01% |
79,600
+4,400
| +6% | +$240K |
|
3790
Zebra Technologies
ZBRA
$17.8B
| $4.65M | ﹤0.01% |
17,021
-5,088
| -23% | -$1.16M |
|
|
ARR
3791
CALL
Armour Residential REIT
ARR
$2.37B
| $4.64M | ﹤0.01% |
240,400
+173,880
| +261% | +$3.07M |
|
3792
PUT
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $4.64M | ﹤0.01% |
25,800
+8,700
| +51% | +$1.42M |
|
3793
CALL
Varonis Systems
VRNS
$5.17B
| $4.64M | ﹤0.01% |
102,500
+59,200
| +137% | +$2.23M |
|
3794
PUT
Bread Financial
BFH
$4.58B
| $4.64M | ﹤0.01% |
140,800
+79,800
| +131% | +$2.38M |
|
3795
CALL
UGI
UGI
$7.59B
| $4.64M | ﹤0.01% |
188,500
+22,500
| +14% | +$496K |
|
3796
CALL
Manulife Financial
MFC
$73.8B
| $4.63M | ﹤0.01% |
209,700
-50,600
| -19% | -$972K |
|
3797
Upwork
UPWK
$1.06B
| $4.63M | ﹤0.01% |
311,439
+122,068
| +64% | +$1.57M |
|
3798
CALL
Acadia Pharmaceuticals
ACAD
$4.87B
| $4.63M | ﹤0.01% |
147,900
-69,800
| -32% | -$1.67M |
|
3799
CALL
Medpace
MEDP
$16.1B
| $4.63M | ﹤0.01% |
15,100
-3,900
| -21% | -$1.05M |
|
3800
Schneider National
SNDR
$6.33B
| $4.63M | ﹤0.01% |
181,817
+9,793
| +6% | +$242K |
|
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.