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 | |
|---|---|---|---|---|---|---|
4726
Amplify Mobile Payments ETF
IPAY
$188M
| $2.69M | ﹤0.01% |
57,862
-50,590
| -47% | -$2.06M |
|
4727
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.1B
| $2.69M | ﹤0.01% |
46,534
+831
| +2% | +$43.6K |
|
4728
PUT
Virtu Financial
VIRT
$5.3B
| $2.68M | ﹤0.01% |
132,500
-54,800
| -29% | -$1.01M |
|
4729
Commerce Bancshares
CBSH
$8.64B
| $2.68M | ﹤0.01% |
55,377
+4,884
| +10% | +$211K |
|
4730
PUT
Hecla Mining
HL
$12.3B
| $2.68M | ﹤0.01% |
557,400
-379,600
| -41% | -$1.68M |
|
4731
COPT Defense Properties
CDP
$4.19B
| $2.68M | ﹤0.01% |
104,606
+87,637
| +516% | +$2.12M |
|
4732
CALL
Ingredion
INGR
$6.63B
| $2.68M | ﹤0.01% |
24,700
+12,300
| +99% | +$1.23M |
|
4733
CALL
Triumph Financial Inc
TFIN
$1.87B
| $2.68M | ﹤0.01% |
33,400
-80,600
| -71% | -$5.46M |
|
4734
CALL
Quanex
NX
$962M
| $2.68M | ﹤0.01% |
+87,600
| New | +$2.58M |
|
4735
Akebia Therapeutics
AKBA
$242M
| $2.68M | ﹤0.01% |
2,159,364
+1,408,923
| +188% | +$1.44M |
|
4736
PUT
Commercial Metals
CMC
$7.92B
| $2.68M | ﹤0.01% |
53,500
-26,900
| -33% | -$1.23M |
|
4737
Fluor
FLR
$7B
| $2.68M | ﹤0.01% |
68,315
-244,485
| -78% | -$9.03M |
|
4738
PUT
NOV
NOV
$7.54B
| $2.67M | ﹤0.01% |
131,800
+33,300
| +34% | +$654K |
|
4739
PUT
2x Bitcoin ETF
BITX
$849M
| $2.67M | ﹤0.01% |
+117,300
| New | +$2.15M |
|
4740
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $2.67M | ﹤0.01% |
+47,076
| New | +$2.5M |
|
4741
PUT
OR Royalties Inc
OR
$6.25B
| $2.66M | ﹤0.01% |
186,600
+157,700
| +546% | +$2.07M |
|
4742
CALL
Pulse Biosciences
PLSE
$3.18B
| $2.66M | ﹤0.01% |
217,700
+53,600
| +33% | +$371K |
|
4743
Lightwave Logic
LWLG
$1.17B
| $2.66M | ﹤0.01% |
534,121
+116,959
| +28% | +$551K |
|
4744
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $2.66M | ﹤0.01% |
+11,900
| New | +$2.5M |
|
4745
SPS Commerce
SPSC
$2.86B
| $2.66M | ﹤0.01% |
13,713
+5,494
| +67% | +$958K |
|
|
OPRA
4746
Opera Ltd
OPRA
$1.82B
| $2.66M | ﹤0.01% |
200,702
-57,425
| -22% | -$679K |
|
4747
CALL
Imperial Petroleum
IMPP
$217M
| $2.65M | ﹤0.01% |
1,004,800
+768,900
| +326% | +$1.41M |
|
4748
CALL
MBIA
MBI
$264M
| $2.65M | ﹤0.01% |
432,400
+378,200
| +698% | +$3.04M |
|
4749
ChargePoint
CHPT
$160M
| $2.64M | ﹤0.01% |
56,454
-7,480
| -12% | -$418K |
|
|
TPH
4750
DELISTED
Tri Pointe Homes
TPH
| $2.64M | ﹤0.01% |
74,506
+57,982
| +351% | +$1.68M |
|
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.