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 | |
|---|---|---|---|---|---|---|
3901
Invesco Variable Rate Preferred ETF
VRP
$3.01B
| $4.35M | ﹤0.01% |
188,655
+140,744
| +294% | +$3.15M |
|
3902
CALL
ABM Industries
ABM
$2.82B
| $4.35M | ﹤0.01% |
97,100
-1,900
| -2% | -$80.2K |
|
|
HDV
3903
iShares Core High Dividend ETF
HDV
$15.1B
| $4.35M | ﹤0.01% |
213,300
+147,370
| +224% | +$2.9M |
|
3904
ACI Worldwide
ACIW
$5.4B
| $4.35M | ﹤0.01% |
142,029
-201,891
| -59% | -$5.05M |
|
|
PPL
3905
PUT
PPL Corp
PPL
$27.1B
| $4.34M | ﹤0.01% |
160,200
-122,000
| -43% | -$3.09M |
|
3906
Brown-Forman Class B
BF.B
$13B
| $4.34M | ﹤0.01% |
76,024
+9,647
| +15% | +$553K |
|
3907
CALL
Guardant Health
GH
$21.1B
| $4.34M | ﹤0.01% |
160,400
-60,400
| -27% | -$1.58M |
|
3908
CALL
Appian
APPN
$2.54B
| $4.34M | ﹤0.01% |
115,200
-8,600
| -7% | -$336K |
|
3909
CALL
Expeditors International
EXPD
$24.2B
| $4.34M | ﹤0.01% |
34,100
-30,400
| -47% | -$3.59M |
|
3910
PUT
Manhattan Associates
MANH
$11.5B
| $4.33M | ﹤0.01% |
20,100
+15,900
| +379% | +$3.36M |
|
3911
CALL
Black Stone Minerals
BSM
$3.05B
| $4.33M | ﹤0.01% |
271,000
-242,900
| -47% | -$4.18M |
|
3912
CALL
Morningstar
MORN
$7.78B
| $4.32M | ﹤0.01% |
15,100
-6,000
| -28% | -$1.56M |
|
3913
CALL
Protagonist Therapeutics
PTGX
$10B
| $4.32M | ﹤0.01% |
188,400
-8,200
| -4% | -$143K |
|
3914
PUT
BlueLinx
BXC
$680M
| $4.32M | ﹤0.01% |
38,100
+1,000
| +3% | +$86.7K |
|
3915
First Trust Preferred Securities and Income ETF
FPE
$6.34B
| $4.32M | ﹤0.01% |
256,026
-47,534
| -16% | -$767K |
|
|
ECHO
3916
EchoStar
ECHO
$26.7B
| $4.32M | ﹤0.01% |
260,446
+152,918
| +142% | +$1.97M |
|
|
CVSA
3917
CALL
Covista Inc
CVSA
$4.49B
| $4.32M | ﹤0.01% |
73,200
+32,900
| +82% | +$1.76M |
|
3918
PUT
Installed Building Products
IBP
$6.39B
| $4.31M | ﹤0.01% |
23,600
-26,200
| -53% | -$3.68M |
|
3919
CALL
VinFast Auto
VFS
$7.42B
| $4.31M | ﹤0.01% |
515,000
-1,581,500
| -75% | -$10.8M |
|
3920
CALL
Applied Digital
APLD
$8.98B
| $4.31M | ﹤0.01% |
639,100
+187,500
| +42% | +$1.01M |
|
|
TEAD
3921
Teads Holding Co
TEAD
$66.8M
| $4.31M | ﹤0.01% |
983,445
-66,816
| -6% | -$283K |
|
|
LSXMA
3922
DELISTED
Liberty Media Corporation Series A Liberty SiriusXM Common Stock
LSXMA
| $4.31M | ﹤0.01% |
149,852
+131,932
| +736% | +$3.45M |
|
3923
PUT
Infosys
INFY
$49B
| $4.3M | ﹤0.01% |
234,200
-34,700
| -13% | -$604K |
|
|
DAY
3924
PUT
DELISTED
Dayforce
DAY
| $4.3M | ﹤0.01% |
64,100
+55,800
| +672% | +$3.81M |
|
|
STR
3925
DELISTED
Sitio Royalties
STR
| $4.3M | ﹤0.01% |
182,956
+140,102
| +327% | +$3.25M |
|
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.