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 | |
|---|---|---|---|---|---|---|
4101
Nuveen ESG Small-Cap ETF
NUSC
$1.35B
| $3.9M | ﹤0.01% |
99,796
+45,747
| +85% | +$1.61M |
|
4102
CALL
Old Republic International
ORI
$10.3B
| $3.9M | ﹤0.01% |
132,700
-21,800
| -14% | -$613K |
|
4103
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $3.9M | ﹤0.01% |
30,462
-11,536
| -27% | -$1.34M |
|
4104
Dropbox
DBX
$7.48B
| $3.9M | ﹤0.01% |
132,260
-115,650
| -47% | -$3.21M |
|
4105
MicroSectors FANG+ Index -3X Inverse Leveraged ETNs due January 8, 2038
FNGD
$321M
| $3.9M | ﹤0.01% |
6,686
+4,957
| +287% | +$3.87M |
|
4106
Workiva
WK
$3.84B
| $3.9M | ﹤0.01% |
38,383
-50,393
| -57% | -$4.86M |
|
4107
Charles River Laboratories
CRL
$13.4B
| $3.89M | ﹤0.01% |
16,461
-43,528
| -73% | -$8.56M |
|
4108
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $3.89M | ﹤0.01% |
24,800
+5,600
| +29% | +$822K |
|
4109
PUT
Global X Copper Miners ETF NEW
COPX
$7.98B
| $3.88M | ﹤0.01% |
103,600
+29,400
| +40% | +$1.02M |
|
4110
CALL
ProShares UltraShort Russell2000
TWM
$40.4M
| $3.88M | ﹤0.01% |
66,680
+8,080
| +14% | +$617K |
|
4111
PUT
ProShares UltraPro Short 20+ Year Treasury
TTT
$18.6M
| $3.88M | ﹤0.01% |
63,600
+37,900
| +147% | +$3.51M |
|
4112
Associated Banc-Corp
ASB
$6.11B
| $3.88M | ﹤0.01% |
181,195
-217,592
| -55% | -$3.92M |
|
4113
CALL
Prosperity Bancshares
PB
$9.02B
| $3.87M | ﹤0.01% |
57,200
+35,100
| +159% | +$2.05M |
|
4114
Costamare
CMRE
$1.77B
| $3.87M | ﹤0.01% |
372,120
-188,214
| -34% | -$1.79M |
|
4115
PUT
VICI Properties
VICI
$29B
| $3.87M | ﹤0.01% |
121,500
-484,000
| -80% | -$14.2M |
|
4116
CALL
Robert Half
RHI
$4.42B
| $3.87M | ﹤0.01% |
44,000
-5,900
| -12% | -$469K |
|
4117
PUT
Grab
GRAB
$14.8B
| $3.87M | ﹤0.01% |
1,147,200
-347,900
| -23% | -$1.13M |
|
4118
Jefferies Financial Group
JEF
$12.7B
| $3.86M | ﹤0.01% |
95,638
-145,163
| -60% | -$5.13M |
|
|
LUCK
4119
CALL
Lucky Strike Entertainment
LUCK
$949M
| $3.86M | ﹤0.01% |
272,900
+143,300
| +111% | +$1.57M |
|
4120
CALL
Jack in the Box
JACK
$327M
| $3.86M | ﹤0.01% |
47,300
-60,200
| -56% | -$4.26M |
|
|
DM
4121
PUT
DELISTED
Desktop Metal, Inc.
DM
| $3.86M | ﹤0.01% |
514,800
-155,450
| -23% | -$1.41M |
|
4122
Maravai LifeSciences
MRVI
$849M
| $3.85M | ﹤0.01% |
588,142
-366,597
| -38% | -$2.37M |
|
4123
CALL
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $3.85M | ﹤0.01% |
132,700
+123,200
| +1,297% | +$3.28M |
|
4124
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $3.85M | ﹤0.01% |
47,500
-11,700
| -20% | -$837K |
|
4125
PUT
Revolve Group
RVLV
$1.68B
| $3.85M | ﹤0.01% |
232,100
-835,000
| -78% | -$12.3M |
|
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.