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 | |
|---|---|---|---|---|---|---|
3926
W.R. Berkley
WRB
$26.2B
| $4.3M | ﹤0.01% |
91,232
-478,740
| -84% | -$21.8M |
|
3927
CALL
FerroAtlántica
GSM
$820M
| $4.3M | ﹤0.01% |
660,500
-465,900
| -41% | -$2.47M |
|
3928
UDR
UDR
$12.2B
| $4.3M | ﹤0.01% |
112,287
-39,300
| -26% | -$1.37M |
|
3929
PUT
Energy Fuels
UUUU
$3.77B
| $4.3M | ﹤0.01% |
597,800
+265,000
| +80% | +$2.05M |
|
3930
CALL
Liquidia Corp
LQDA
$6.66B
| $4.3M | ﹤0.01% |
357,100
-57,600
| -14% | -$415K |
|
3931
CALL
Sabre
SABR
$900M
| $4.29M | ﹤0.01% |
975,500
+34,700
| +4% | +$134K |
|
3932
CALL
Upwork
UPWK
$1.06B
| $4.29M | ﹤0.01% |
288,600
+139,700
| +94% | +$1.8M |
|
|
WW
3933
DELISTED
WW International
WW
| $4.29M | ﹤0.01% |
490,403
+191,921
| +64% | +$1.63M |
|
3934
CALL
SandRidge Energy
SD
$520M
| $4.29M | ﹤0.01% |
313,800
-85,100
| -21% | -$1.26M |
|
3935
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $4.29M | ﹤0.01% |
+60,836
| New | +$3.31M |
|
3936
CALL
BioCryst Pharmaceuticals
BCRX
$2.49B
| $4.29M | ﹤0.01% |
715,400
-92,500
| -11% | -$536K |
|
3937
United Bankshares
UBSI
$6.71B
| $4.28M | ﹤0.01% |
113,987
-63,021
| -36% | -$2M |
|
3938
ProShares Short S&P500
SH
$841M
| $4.28M | ﹤0.01% |
82,284
+55,209
| +204% | +$3.09M |
|
3939
Lumen
LUMN
$6.93B
| $4.27M | ﹤0.01% |
2,334,875
+420,559
| +22% | +$596K |
|
3940
Blend Labs
BLND
$352M
| $4.27M | ﹤0.01% |
1,675,190
+1,345,326
| +408% | +$2.03M |
|
3941
CALL
Ardelyx
ARDX
$1.05B
| $4.27M | ﹤0.01% |
688,900
+643,000
| +1,401% | +$2.88M |
|
3942
CALL
Children's Place
PLCE
$54.3M
| $4.27M | ﹤0.01% |
183,900
+126,300
| +219% | +$3.07M |
|
3943
Pacer US Small Cap Cash Cows 100 ETF
CALF
$3.89B
| $4.27M | ﹤0.01% |
88,835
+56,205
| +172% | +$2.41M |
|
3944
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $4.27M | ﹤0.01% |
183,352
+144,139
| +368% | +$3.19M |
|
3945
Revolution Medicines
RVMD
$43.7B
| $4.26M | ﹤0.01% |
148,652
-93,820
| -39% | -$2.25M |
|
3946
CALL
Buckle
BKE
$2.27B
| $4.26M | ﹤0.01% |
89,700
-36,400
| -29% | -$1.38M |
|
3947
PUT
Dycom Industries
DY
$12.6B
| $4.26M | ﹤0.01% |
37,000
-4,500
| -11% | -$427K |
|
3948
PUT
Gold Fields
GFI
$36B
| $4.26M | ﹤0.01% |
294,300
+51,400
| +21% | +$711K |
|
3949
CALL
United States Gasoline Fund
UGA
$138M
| $4.26M | ﹤0.01% |
70,100
-68,400
| -49% | -$4.28M |
|
3950
Leggett & Platt
LEG
$1.32B
| $4.25M | ﹤0.01% |
162,589
-90,116
| -36% | -$2.21M |
|
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.