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 | |
|---|---|---|---|---|---|---|
4051
CALL
Emcor
EME
$36.9B
| $4.03M | ﹤0.01% |
18,700
-2,500
| -12% | -$525K |
|
4052
PUT
Repligen
RGEN
$9.42B
| $4.03M | ﹤0.01% |
22,400
-12,100
| -35% | -$1.88M |
|
4053
Bausch Health
BHC
$2.43B
| $4.03M | ﹤0.01% |
502,179
+374,821
| +294% | +$2.73M |
|
4054
CALL
Leggett & Platt
LEG
$1.32B
| $4.02M | ﹤0.01% |
153,800
-79,900
| -34% | -$1.96M |
|
4055
CALL
Teradata
TDC
$2.57B
| $4.02M | ﹤0.01% |
92,400
-36,200
| -28% | -$1.63M |
|
|
MOR
4056
PUT
DELISTED
MorphoSys AG American Depositary Shares
MOR
| $4.02M | ﹤0.01% |
405,800
+389,700
| +2,420% | +$2.86M |
|
4057
Modine Manufacturing
MOD
$11.1B
| $4.02M | ﹤0.01% |
67,286
+46,313
| +221% | +$2.26M |
|
4058
PUT
Allegiant Air
ALGT
$2.34B
| $4.01M | ﹤0.01% |
48,600
+11,000
| +29% | +$794K |
|
4059
PUT
Natera
NTRA
$44.7B
| $4.01M | ﹤0.01% |
64,000
-43,100
| -40% | -$2.15M |
|
4060
CALL
Infosys
INFY
$49B
| $4.01M | ﹤0.01% |
218,100
-392,300
| -64% | -$6.83M |
|
4061
Scorpio Tankers
STNG
$3.98B
| $4M | ﹤0.01% |
65,831
-487,571
| -88% | -$27.5M |
|
4062
iShares US Financial Services ETF
IYG
$2.23B
| $4M | ﹤0.01% |
66,906
+15,687
| +31% | +$845K |
|
4063
CALL
Neogen
NEOG
$2.54B
| $4M | ﹤0.01% |
198,700
-134,600
| -40% | -$2.28M |
|
4064
GraniteShares Gold Shares
BAR
$1.47B
| $3.99M | ﹤0.01% |
195,869
+184,304
| +1,594% | +$3.6M |
|
4065
iShares Global Clean Energy ETF
ICLN
$2.09B
| $3.99M | ﹤0.01% |
256,303
-18,048
| -7% | -$254K |
|
4066
CALL
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $3.99M | ﹤0.01% |
49,200
+21,100
| +75% | +$1.53M |
|
4067
Vident US Equity Strategy ETF
VUSE
$697M
| $3.99M | ﹤0.01% |
+78,093
| New | +$3.75M |
|
4068
Novanta
NOVT
$6.3B
| $3.99M | ﹤0.01% |
23,682
+20,783
| +717% | +$3.03M |
|
4069
Selective Insurance
SIGI
$5.62B
| $3.99M | ﹤0.01% |
40,061
+27,839
| +228% | +$2.86M |
|
4070
iShares ESG Advanced Universal USD Bond ETF
EUSB
$711M
| $3.98M | ﹤0.01% |
+92,023
| New | +$3.82M |
|
4071
J.M. Smucker
SJM
$13B
| $3.98M | ﹤0.01% |
31,457
-223,080
| -88% | -$25.8M |
|
4072
PUT
Owens Corning
OC
$12.2B
| $3.97M | ﹤0.01% |
26,800
-33,400
| -55% | -$4.42M |
|
4073
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
| $3.96M | ﹤0.01% |
61,851
+29,240
| +90% | +$1.73M |
|
|
MAXN
4074
CALL
DELISTED
Maxeon Solar Technologies
MAXN
| $3.96M | ﹤0.01% |
5,527
-4,021
| -42% | -$2.62M |
|
4075
M/I Homes
MHO
$3.85B
| $3.96M | ﹤0.01% |
28,727
+6,348
| +28% | +$635K |
|
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.