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 | |
|---|---|---|---|---|---|---|
4276
PUT
Hartford Financial Services
HIG
$37.8B
| $3.5M | ﹤0.01% |
43,600
+14,500
| +50% | +$1.09M |
|
4277
PUT
Buckle
BKE
$2.27B
| $3.5M | ﹤0.01% |
73,700
-21,600
| -23% | -$817K |
|
4278
PUT
LegalZoom.com
LZ
$963M
| $3.5M | ﹤0.01% |
309,900
+57,600
| +23% | +$627K |
|
4279
CALL
Bread Financial
BFH
$4.58B
| $3.5M | ﹤0.01% |
106,300
+39,900
| +60% | +$1.19M |
|
4280
iShares ESG MSCI USA Leaders ETF
SUSL
$1.22B
| $3.5M | ﹤0.01% |
41,493
+24,766
| +148% | +$1.95M |
|
4281
CALL
Bit Digital
BTBT
$566M
| $3.5M | ﹤0.01% |
827,700
+231,100
| +39% | +$604K |
|
4282
Clover Health Investments
CLOV
$2.44B
| $3.5M | ﹤0.01% |
3,674,474
+2,200,692
| +149% | +$2.16M |
|
4283
CALL
Cabot Corp
CBT
$4.54B
| $3.49M | ﹤0.01% |
41,800
+18,000
| +76% | +$1.34M |
|
4284
CALL
Valley National Bancorp
VLY
$8.29B
| $3.49M | ﹤0.01% |
321,300
-689,300
| -68% | -$6.18M |
|
4285
CVR Energy
CVI
$3.54B
| $3.49M | ﹤0.01% |
115,135
+62,210
| +118% | +$1.97M |
|
4286
TORM
TRMD
$3.08B
| $3.49M | ﹤0.01% |
114,640
+79,208
| +224% | +$2.34M |
|
4287
First Citizens BancShares
FCNCA
$25.9B
| $3.48M | ﹤0.01% |
2,453
-13,489
| -85% | -$18.9M |
|
4288
PUT
Shutterstock
SSTK
$210M
| $3.48M | ﹤0.01% |
72,000
-22,700
| -24% | -$958K |
|
4289
Invesco CurrencyShares Swiss Franc Trust
FXF
$395M
| $3.47M | ﹤0.01% |
32,799
+16,097
| +96% | +$1.62M |
|
4290
CALL
Medifast
MED
$128M
| $3.47M | ﹤0.01% |
51,600
+5,200
| +11% | +$362K |
|
4291
RPAR Risk Parity ETF
RPAR
$582M
| $3.46M | ﹤0.01% |
181,016
+127,605
| +239% | +$2.28M |
|
4292
Bio-Techne
TECH
$11.3B
| $3.46M | ﹤0.01% |
44,878
-34,388
| -43% | -$2.27M |
|
4293
CALL
Workiva
WK
$3.84B
| $3.46M | ﹤0.01% |
34,100
-86,500
| -72% | -$8.34M |
|
4294
CALL
NovoCure
NVCR
$1.97B
| $3.46M | ﹤0.01% |
231,700
-54,600
| -19% | -$731K |
|
4295
Wheaton Precious Metals
WPM
$61B
| $3.46M | ﹤0.01% |
70,078
-90,756
| -56% | -$4.11M |
|
4296
CALL
Guidewire Software
GWRE
$14.6B
| $3.46M | ﹤0.01% |
31,700
-28,800
| -48% | -$2.75M |
|
4297
CALL
Navigator Holdings
NVGS
$1.29B
| $3.46M | ﹤0.01% |
237,500
+59,100
| +33% | +$850K |
|
4298
PUT
Blink Charging
BLNK
$85.9M
| $3.45M | ﹤0.01% |
1,019,000
+537,500
| +112% | +$1.68M |
|
4299
PUT
Huntington Ingalls Industries
HII
$12.9B
| $3.45M | ﹤0.01% |
13,300
-38,100
| -74% | -$8.89M |
|
4300
PUT
Kulicke & Soffa
KLIC
$5.19B
| $3.45M | ﹤0.01% |
63,100
-2,000
| -3% | -$97.1K |
|
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.