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 | |
|---|---|---|---|---|---|---|
4476
FlexShares STOXX Global Broad Infrastructure Index Fund
NFRA
$3.05B
| $3.1M | ﹤0.01% |
57,890
+51,653
| +828% | +$2.59M |
|
4477
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $3.09M | ﹤0.01% |
91,200
-10,600
| -10% | -$318K |
|
4478
CALL
Nordson
NDSN
$17.2B
| $3.09M | ﹤0.01% |
11,700
+6,600
| +129% | +$1.53M |
|
4479
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $3.09M | ﹤0.01% |
343,700
+69,000
| +25% | +$568K |
|
|
EH
4480
CALL
EHang Holdings
EH
$450M
| $3.09M | ﹤0.01% |
183,800
+36,000
| +24% | +$587K |
|
4481
iShares AAA-A Rated Corporate Bond ETF
QLTA
$1.21B
| $3.08M | ﹤0.01% |
+64,061
| New | +$2.94M |
|
|
TMHC
4482
DELISTED
Taylor Morrison
TMHC
| $3.08M | ﹤0.01% |
57,785
+49,032
| +560% | +$2.19M |
|
4483
Boston Beer
SAM
$1.91B
| $3.08M | ﹤0.01% |
8,910
-12,221
| -58% | -$4.29M |
|
4484
Encompass Health
EHC
$12.2B
| $3.08M | ﹤0.01% |
46,126
+40,385
| +703% | +$2.62M |
|
4485
CALL
CGI
GIB
$15.2B
| $3.08M | ﹤0.01% |
28,700
+13,300
| +86% | +$1.35M |
|
4486
Black Hills Corp
BKH
$5.66B
| $3.07M | ﹤0.01% |
56,979
-151,408
| -73% | -$7.76M |
|
4487
First Bancorp
FBP
$4.53B
| $3.07M | ﹤0.01% |
186,842
+80,654
| +76% | +$1.19M |
|
4488
PUT
Federal Realty Investment Trust
FRT
$10.3B
| $3.07M | ﹤0.01% |
29,800
+9,900
| +50% | +$934K |
|
4489
PUT
CVR Energy
CVI
$3.54B
| $3.07M | ﹤0.01% |
101,300
-26,000
| -20% | -$822K |
|
|
CPRX
4490
DELISTED
Catalyst Pharmaceutical
CPRX
| $3.07M | ﹤0.01% |
182,543
+46,571
| +34% | +$637K |
|
4491
PUT
Kornit Digital
KRNT
$775M
| $3.07M | ﹤0.01% |
160,100
-120,100
| -43% | -$2.08M |
|
4492
Core & Main
CNM
$8.61B
| $3.07M | ﹤0.01% |
75,907
-103,421
| -58% | -$3.5M |
|
4493
Bakkt Inc
BKKT
$345M
| $3.07M | ﹤0.01% |
55,012
+37,754
| +219% | +$1.31M |
|
4494
TAL Education Group
TAL
$6.46B
| $3.07M | ﹤0.01% |
242,811
-1,091,818
| -82% | -$11.3M |
|
|
RVNC
4495
CALL
DELISTED
Revance Therapeutics, Inc.
RVNC
| $3.07M | ﹤0.01% |
348,700
+255,800
| +275% | +$2.1M |
|
|
JOYY
4496
PUT
JOYY Inc
JOYY
$3.68B
| $3.06M | ﹤0.01% |
77,200
+17,600
| +30% | +$700K |
|
4497
CALL
Krispy Kreme
DNUT
$578M
| $3.06M | ﹤0.01% |
203,000
+99,100
| +95% | +$1.31M |
|
4498
Franklin US Large Cap Multifactor Index ETF
FLQL
$2.11B
| $3.06M | ﹤0.01% |
64,178
+23,232
| +57% | +$1.04M |
|
4499
State Street SPDR Portfolio Intermediate Term Corporate Bond ETF
SPIB
$11.5B
| $3.06M | ﹤0.01% |
93,223
+52,831
| +131% | +$1.68M |
|
4500
VictoryShares US Value Momentum ETF
ULVM
$273M
| $3.06M | ﹤0.01% |
44,833
+29,201
| +187% | +$1.85M |
|
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.