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 | |
|---|---|---|---|---|---|---|
426
CALL
Etsy
ETSY
$7.31B
| $186M | 0.04% |
2,290,400
+385,100
| +20% | +$27.5M |
|
427
PUT
Arista Networks
ANET
$265B
| $185M | 0.04% |
3,145,600
+623,600
| +25% | +$32.8M |
|
428
Advanced Micro Devices
AMD
$788B
| $184M | 0.04% |
1,251,042
-638,659
| -34% | -$75.3M |
|
429
Walt Disney
DIS
$178B
| $184M | 0.03% |
2,033,005
-1,581,556
| -44% | -$139M |
|
430
PUT
Accenture
ACN
$110B
| $183M | 0.03% |
521,700
+24,200
| +5% | +$7.8M |
|
431
CALL
Albemarle
ALB
$15.1B
| $183M | 0.03% |
1,264,500
+228,700
| +22% | +$31.4M |
|
432
PUT
Domino's
DPZ
$11.7B
| $183M | 0.03% |
442,900
+15,300
| +4% | +$5.74M |
|
433
Humana
HUM
$46.7B
| $181M | 0.03% |
396,247
+259,779
| +190% | +$128M |
|
434
Strategy Inc
MSTR
$37.3B
| $181M | 0.03% |
2,871,800
+1,850,110
| +181% | +$87.7M |
|
435
PUT
Analog Devices
ADI
$187B
| $181M | 0.03% |
910,400
+103,400
| +13% | +$18.5M |
|
436
PUT
Vale
VALE
$61.4B
| $180M | 0.03% |
11,333,700
-124,800
| -1% | -$1.79M |
|
437
CALL
Comcast
CMCSA
$90.4B
| $180M | 0.03% |
4,098,500
-1,953,400
| -32% | -$83.7M |
|
438
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$24.2B
| $180M | 0.03% |
5,721,400
+481,800
| +9% | +$10.6M |
|
439
CALL
Altria Group
MO
$107B
| $179M | 0.03% |
4,438,400
-337,400
| -7% | -$14M |
|
440
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.2B
| $179M | 0.03% |
1,855,200
+906,300
| +96% | +$83.8M |
|
441
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.2B
| $178M | 0.03% |
351,500
+42,100
| +14% | +$19.5M |
|
442
Adobe
ADBE
$103B
| $177M | 0.03% |
297,319
+47,286
| +19% | +$27.3M |
|
443
PUT
CVS Health
CVS
$121B
| $177M | 0.03% |
2,246,000
-512,000
| -19% | -$36.4M |
|
444
PUT
Phillips 66
PSX
$90B
| $177M | 0.03% |
1,332,000
+300,400
| +29% | +$35.9M |
|
445
CALL
RH
RH
$3.41B
| $177M | 0.03% |
608,400
-27,900
| -4% | -$7.2M |
|
446
PUT
Cheniere Energy
LNG
$55.4B
| $177M | 0.03% |
1,035,600
+299,400
| +41% | +$51.4M |
|
447
CALL
Las Vegas Sands
LVS
$29.6B
| $176M | 0.03% |
3,581,400
-139,300
| -4% | -$6.58M |
|
448
PUT
Delta Air Lines
DAL
$59.1B
| $176M | 0.03% |
4,373,000
-520,600
| -11% | -$18.9M |
|
449
Johnson & Johnson
JNJ
$629B
| $175M | 0.03% |
1,118,698
-434,341
| -28% | -$66.6M |
|
450
CALL
Wynn Resorts
WYNN
$10.6B
| $175M | 0.03% |
1,922,100
+348,100
| +22% | +$30.9M |
|
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.