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 | |
|---|---|---|---|---|---|---|
4851
Exponent
EXPO
$3.19B
| $2.52M | ﹤0.01% |
28,571
+23,034
| +416% | +$1.89M |
|
4852
Protagonist Therapeutics
PTGX
$10B
| $2.52M | ﹤0.01% |
109,683
+52,438
| +92% | +$917K |
|
4853
CALL
Nordic American Tanker
NAT
$1.42B
| $2.51M | ﹤0.01% |
598,400
-799,100
| -57% | -$3.4M |
|
4854
iShares Interest Rate Hedged Long-Term Corporate Bond ETF
IGBH
$227M
| $2.51M | ﹤0.01% |
103,938
+92,638
| +820% | +$2.23M |
|
4855
Xtrackers MSCI USA ESG Leaders Equity ETF
USSG
$597M
| $2.51M | ﹤0.01% |
56,754
+27,659
| +95% | +$1.15M |
|
4856
Valvoline
VVV
$4.36B
| $2.51M | ﹤0.01% |
66,805
+25,282
| +61% | +$846K |
|
4857
Ouster
OUST
$3.51B
| $2.51M | ﹤0.01% |
327,299
+129,894
| +66% | +$681K |
|
4858
WSFS Financial
WSFS
$4.17B
| $2.51M | ﹤0.01% |
54,636
+31,349
| +135% | +$1.23M |
|
4859
Tradeweb Markets
TW
$22.4B
| $2.51M | ﹤0.01% |
27,587
-999
| -3% | -$89.2K |
|
4860
Global X S&P 500 Covered Call ETF
XYLD
$3.28B
| $2.51M | ﹤0.01% |
63,545
-93,894
| -60% | -$3.66M |
|
4861
iShares Morningstar Growth ETF
ILCG
$3.29B
| $2.51M | ﹤0.01% |
36,942
-4,845
| -12% | -$306K |
|
4862
Fortune Brands Innovations
FBIN
$5.71B
| $2.5M | ﹤0.01% |
+32,865
| New | +$2.16M |
|
|
NUVL
4863
PUT
DELISTED
Nuvalent
NUVL
| $2.5M | ﹤0.01% |
34,000
+15,600
| +85% | +$965K |
|
4864
PUT
DigitalBridge
DBRG
$2.94B
| $2.5M | ﹤0.01% |
142,600
-132,900
| -48% | -$2.19M |
|
|
PGTI
4865
CALL
DELISTED
PGT, Inc.
PGTI
| $2.49M | ﹤0.01% |
61,300
+5,000
| +9% | +$163K |
|
4866
PUT
Sundial Growers
SNDL
$313M
| $2.49M | ﹤0.01% |
1,521,200
+692,900
| +84% | +$1.04M |
|
4867
Jack in the Box
JACK
$327M
| $2.49M | ﹤0.01% |
30,553
+10,472
| +52% | +$741K |
|
4868
FlexShares iBoxx 5-Year Target Duration TIPS Index Fund
TDTF
$1.04B
| $2.49M | ﹤0.01% |
+105,485
| New | +$2.43M |
|
4869
CALL
Barclays
BCS
$94.7B
| $2.49M | ﹤0.01% |
316,300
-551,900
| -64% | -$3.98M |
|
4870
PUT
Global X Silver Miners ETF NEW
SIL
$4.79B
| $2.49M | ﹤0.01% |
87,800
-93,200
| -51% | -$2.39M |
|
4871
Aemetis
AMTX
$128M
| $2.49M | ﹤0.01% |
475,336
-41,455
| -8% | -$196K |
|
4872
CALL
RLI Corp
RLI
$5.85B
| $2.49M | ﹤0.01% |
37,400
+19,200
| +105% | +$1.29M |
|
4873
PUT
Comfort Systems
FIX
$62.4B
| $2.49M | ﹤0.01% |
12,100
-4,600
| -28% | -$850K |
|
4874
PUT
Texas Capital Bancshares
TCBI
$4.39B
| $2.49M | ﹤0.01% |
38,500
-8,100
| -17% | -$467K |
|
4875
Axcelis
ACLS
$4.33B
| $2.49M | ﹤0.01% |
19,185
-14,777
| -44% | -$2.04M |
|
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.