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 | |
|---|---|---|---|---|---|---|
4576
CALL
TeraWulf
WULF
$8.67B
| $2.93M | ﹤0.01% |
1,220,300
+845,700
| +226% | +$1.15M |
|
|
CIM
4577
Chimera Investment
CIM
$988M
| $2.93M | ﹤0.01% |
195,609
-7,086
| -3% | -$107K |
|
4578
CALL
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $2.93M | ﹤0.01% |
19,900
+10,400
| +109% | +$1.44M |
|
4579
PUT
iShares S&P Small-Cap 600 Value ETF
IJS
$8.45B
| $2.93M | ﹤0.01% |
28,400
+23,100
| +436% | +$2.1M |
|
4580
Golar LNG
GLNG
$5.36B
| $2.93M | ﹤0.01% |
127,305
-329,181
| -72% | -$7.38M |
|
4581
Orion
OEC
$364M
| $2.93M | ﹤0.01% |
105,535
-125,585
| -54% | -$2.88M |
|
4582
PUT
Compass Minerals
CMP
$1.11B
| $2.92M | ﹤0.01% |
115,400
+78,000
| +209% | +$1.99M |
|
4583
Schwab Fundamental US Small Company Index ETF
FNDA
$9.45B
| $2.92M | ﹤0.01% |
105,528
+85,518
| +427% | +$2.12M |
|
4584
Macy's
M
$6.16B
| $2.92M | ﹤0.01% |
145,080
-2,155,266
| -94% | -$31.2M |
|
4585
PUT
Herc Holdings
HRI
$5.8B
| $2.92M | ﹤0.01% |
19,600
-2,900
| -13% | -$355K |
|
4586
Markel Group
MKL
$22.9B
| $2.92M | ﹤0.01% |
2,054
-8,393
| -80% | -$11.9M |
|
4587
CALL
Allegiant Air
ALGT
$2.34B
| $2.92M | ﹤0.01% |
35,300
+2,700
| +8% | +$195K |
|
4588
PUT
Erie Indemnity
ERIE
$13.4B
| $2.91M | ﹤0.01% |
8,700
+900
| +12% | +$270K |
|
4589
10x Genomics
TXG
$7.31B
| $2.91M | ﹤0.01% |
52,054
+41,177
| +379% | +$1.79M |
|
4590
PUT
UWM Holdings
UWMC
$2.55B
| $2.91M | ﹤0.01% |
407,300
-90,900
| -18% | -$513K |
|
4591
iShares Investment Grade Systematic Bond ETF
IGEB
$1.51B
| $2.91M | ﹤0.01% |
+64,356
| New | +$2.77M |
|
4592
CALL
Champion Homes
SKY
$5.13B
| $2.91M | ﹤0.01% |
39,200
+11,500
| +42% | +$723K |
|
4593
PUT
Shoals Technologies Group
SHLS
$1.42B
| $2.91M | ﹤0.01% |
187,000
-118,400
| -39% | -$1.79M |
|
4594
CALL
Ryman Hospitality Properties
RHP
$7.92B
| $2.91M | ﹤0.01% |
26,400
+21,300
| +418% | +$2.03M |
|
4595
Hims & Hers Health
HIMS
$6.57B
| $2.9M | ﹤0.01% |
325,894
+63,146
| +24% | +$467K |
|
4596
TKO Group
TKO
$14.7B
| $2.9M | ﹤0.01% |
35,550
-82,572
| -70% | -$6.56M |
|
4597
Darling Ingredients
DAR
$10.6B
| $2.9M | ﹤0.01% |
58,165
-35,773
| -38% | -$1.62M |
|
4598
CALL
Frontdoor
FTDR
$5.96B
| $2.9M | ﹤0.01% |
82,300
-10,000
| -11% | -$333K |
|
4599
CALL
State Street SPDR Bloomberg 1-3 Month T-Bill ETF
BIL
$46.7B
| $2.9M | ﹤0.01% |
31,700
+6,200
| +24% | +$568K |
|
4600
Cambria Shareholder Yield ETF
SYLD
$1.03B
| $2.9M | ﹤0.01% |
42,849
+33,350
| +351% | +$2.08M |
|
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.