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 | |
|---|---|---|---|---|---|---|
4301
PUT
National Beverage
FIZZ
$2.93B
| $3.45M | ﹤0.01% |
69,400
+13,000
| +23% | +$622K |
|
|
ETRN
4302
CALL
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $3.45M | ﹤0.01% |
338,900
-203,900
| -38% | -$1.92M |
|
4303
HighPeak Energy
HPK
$940M
| $3.45M | ﹤0.01% |
242,118
-79,474
| -25% | -$1.26M |
|
|
CADE
4304
CALL
DELISTED
Cadence Bank
CADE
| $3.44M | ﹤0.01% |
116,400
+80,500
| +224% | +$1.96M |
|
4305
PUT
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $3.44M | ﹤0.01% |
127,100
-2,604,400
| -95% | -$76.2M |
|
4306
CALL
Commault Systems
CVLT
$6.1B
| $3.44M | ﹤0.01% |
43,100
-14,900
| -26% | -$1.06M |
|
4307
Teleflex
TFX
$5.81B
| $3.44M | ﹤0.01% |
13,791
-4,008
| -23% | -$857K |
|
4308
PUT
Smith & Wesson
SWBI
$643M
| $3.44M | ﹤0.01% |
253,400
+93,300
| +58% | +$1.28M |
|
4309
PUT
United Microelectronic
UMC
$48B
| $3.43M | ﹤0.01% |
405,700
-66,400
| -14% | -$506K |
|
4310
PUT
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$39.1M
| $3.43M | ﹤0.01% |
44,067
+4,667
| +12% | +$509K |
|
4311
Veracyte
VCYT
$3.32B
| $3.43M | ﹤0.01% |
124,721
+84,657
| +211% | +$2.04M |
|
|
VSTO
4312
PUT
DELISTED
Vista Outdoor Inc.
VSTO
| $3.43M | ﹤0.01% |
116,000
+63,900
| +123% | +$1.76M |
|
4313
CALL
Blue Owl Capital
OWL
$19.1B
| $3.42M | ﹤0.01% |
229,700
+65,700
| +40% | +$884K |
|
4314
PUT
Synaptics
SYNA
$4.25B
| $3.42M | ﹤0.01% |
30,000
-15,300
| -34% | -$1.52M |
|
4315
CALL
Q2 Holdings
QTWO
$4.04B
| $3.42M | ﹤0.01% |
78,800
-11,200
| -12% | -$398K |
|
4316
CALL
Flywire
FLYW
$2.29B
| $3.42M | ﹤0.01% |
147,700
+39,000
| +36% | +$984K |
|
4317
Hawaiian Electric Industries
HE
$2.03B
| $3.42M | ﹤0.01% |
240,844
-91,450
| -28% | -$1.19M |
|
4318
CALL
Nokia
NOK
$60.1B
| $3.42M | ﹤0.01% |
999,100
-1,336,800
| -57% | -$4.54M |
|
4319
PUT
Trupanion
TRUP
$1.34B
| $3.41M | ﹤0.01% |
111,900
-141,700
| -56% | -$3.76M |
|
4320
Globe Life
GL
$14.1B
| $3.41M | ﹤0.01% |
28,042
-16,205
| -37% | -$1.91M |
|
4321
Direxion Daily Healthcare Bull 3X ETF
CURE
$187M
| $3.41M | ﹤0.01% |
33,524
-6,179
| -16% | -$554K |
|
|
SF
4322
Stifel
SF
$12.9B
| $3.41M | ﹤0.01% |
73,932
-147,195
| -67% | -$6.05M |
|
4323
Texas Capital Bancshares
TCBI
$4.39B
| $3.41M | ﹤0.01% |
52,709
-27,003
| -34% | -$1.56M |
|
|
SAGE
4324
CALL
DELISTED
Sage Therapeutics
SAGE
| $3.4M | ﹤0.01% |
157,100
-179,600
| -53% | -$3.56M |
|
4325
Invesco Senior Loan ETF
BKLN
$6.76B
| $3.4M | ﹤0.01% |
160,521
-54,745
| -25% | -$1.15M |
|
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.