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 | |
|---|---|---|---|---|---|---|
3851
PUT
Western Union
WU
$2.32B
| $4.48M | ﹤0.01% |
375,900
+132,500
| +54% | +$1.62M |
|
3852
PUT
Immersion
IMMR
$249M
| $4.48M | ﹤0.01% |
634,500
-83,800
| -12% | -$557K |
|
3853
CALL
US Foods
USFD
$23.6B
| $4.48M | ﹤0.01% |
98,600
-87,400
| -47% | -$3.61M |
|
3854
CALL
First Horizon
FHN
$12.4B
| $4.47M | ﹤0.01% |
316,000
-1,162,000
| -79% | -$14M |
|
3855
CALL
Landstar System
LSTR
$6.45B
| $4.47M | ﹤0.01% |
23,100
+200
| +0.9% | +$35.4K |
|
3856
PUT
Arcturus Therapeutics
ARCT
$234M
| $4.47M | ﹤0.01% |
141,700
+21,500
| +18% | +$511K |
|
3857
CALL
United Parks & Resorts
PRKS
$2.04B
| $4.46M | ﹤0.01% |
84,500
+33,200
| +65% | +$1.58M |
|
3858
PUT
Ardelyx
ARDX
$1.05B
| $4.46M | ﹤0.01% |
720,000
-302,100
| -30% | -$1.36M |
|
3859
LegalZoom.com
LZ
$963M
| $4.46M | ﹤0.01% |
394,950
+347,555
| +733% | +$3.78M |
|
3860
Incyte
INCY
$24.4B
| $4.46M | ﹤0.01% |
71,041
-32,118
| -31% | -$1.82M |
|
3861
iShares Global Timber & Forestry ETF
WOOD
$269M
| $4.45M | ﹤0.01% |
54,795
+31,341
| +134% | +$2.36M |
|
3862
CALL
United Bankshares
UBSI
$6.71B
| $4.45M | ﹤0.01% |
118,600
+93,300
| +369% | +$2.96M |
|
3863
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $4.45M | ﹤0.01% |
78,700
-18,100
| -19% | -$1.07M |
|
3864
Denison Mines
DNN
$2.92B
| $4.45M | ﹤0.01% |
2,514,245
-203,560
| -7% | -$341K |
|
3865
Albertsons Companies
ACI
$6.03B
| $4.45M | ﹤0.01% |
193,458
+51,765
| +37% | +$1.14M |
|
3866
Liberty Latin America Class C
LILAK
$1.66B
| $4.45M | ﹤0.01% |
666,685
+168,712
| +34% | +$1.09M |
|
3867
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $4.45M | ﹤0.01% |
103,273
+86,478
| +515% | +$3.44M |
|
3868
Bank OZK
OZK
$5.72B
| $4.45M | ﹤0.01% |
89,248
+21,869
| +32% | +$901K |
|
3869
PUT
iShares US Medical Devices ETF
IHI
$3.46B
| $4.45M | ﹤0.01% |
82,400
+24,600
| +43% | +$1.2M |
|
3870
Dillards
DDS
$8.76B
| $4.44M | ﹤0.01% |
10,997
+5,720
| +108% | +$1.94M |
|
3871
CALL
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $4.44M | ﹤0.01% |
72,100
+19,200
| +36% | +$1.13M |
|
3872
Sabre
SABR
$900M
| $4.44M | ﹤0.01% |
1,008,372
-107,732
| -10% | -$416K |
|
3873
CALL
The Greenbrier Companies
GBX
$1.41B
| $4.44M | ﹤0.01% |
100,400
+20,600
| +26% | +$806K |
|
3874
CALL
Beazer Homes USA
BZH
$872M
| $4.43M | ﹤0.01% |
131,100
+51,900
| +66% | +$1.42M |
|
3875
PUT
Celanese
CE
$5.01B
| $4.43M | ﹤0.01% |
28,500
-95,000
| -77% | -$12.4M |
|
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.