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 | |
|---|---|---|---|---|---|---|
|
MOMO
4876
Hello Group
MOMO
$850M
| $2.49M | ﹤0.01% |
357,900
+100,549
| +39% | +$700K |
|
4877
Dimensional US Large Cap Vector ETF
DFVX
$543M
| $2.49M | ﹤0.01% |
+44,292
| New | +$2.38M |
|
4878
PUT
Transmedics
TMDX
$3.07B
| $2.49M | ﹤0.01% |
31,500
+17,800
| +130% | +$1.07M |
|
|
PMT
4879
PUT
PennyMac Mortgage Investment
PMT
$824M
| $2.49M | ﹤0.01% |
166,300
+120,500
| +263% | +$1.62M |
|
4880
Cadre Holdings
CDRE
$1.46B
| $2.49M | ﹤0.01% |
75,587
+49,128
| +186% | +$1.49M |
|
|
SNBR
4881
DELISTED
Sleep Number
SNBR
| $2.48M | ﹤0.01% |
167,526
+134,321
| +405% | +$2.08M |
|
4882
PUT
Flex
FLEX
$46.6B
| $2.48M | ﹤0.01% |
108,151
-2,786
| -3% | -$55.8K |
|
|
PLL
4883
PUT
DELISTED
Piedmont Lithium
PLL
| $2.48M | ﹤0.01% |
87,900
+53,300
| +154% | +$1.57M |
|
4884
PUT
IPG Photonics
IPGP
$3.65B
| $2.47M | ﹤0.01% |
22,800
+9,600
| +73% | +$930K |
|
4885
PUT
iShares Gold Trust
IAU
$64.9B
| $2.47M | ﹤0.01% |
63,400
+32,800
| +107% | +$1.23M |
|
4886
EXL Service
EXLS
$5.28B
| $2.47M | ﹤0.01% |
80,165
-45,765
| -36% | -$1.3M |
|
4887
State Street SPDR S&P Bank ETF
KBE
$1.76B
| $2.47M | ﹤0.01% |
53,662
-39,852
| -43% | -$1.58M |
|
4888
PUT
Dream Finders Homes
DFH
$1.42B
| $2.47M | ﹤0.01% |
69,500
+26,700
| +62% | +$664K |
|
4889
iShares Global Comm Services ETF
IXP
$572M
| $2.47M | ﹤0.01% |
33,060
+27,462
| +491% | +$1.96M |
|
4890
CALL
Sally Beauty Holdings
SBH
$1.54B
| $2.46M | ﹤0.01% |
185,600
+27,600
| +17% | +$267K |
|
4891
PUT
CryoPort
CYRX
$772M
| $2.46M | ﹤0.01% |
159,000
-1,500
| -0.9% | -$19.6K |
|
|
DISH
4892
DELISTED
DISH Network Corp.
DISH
| $2.46M | ﹤0.01% |
426,483
-544,730
| -56% | -$2.44M |
|
4893
PUT
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $2.46M | ﹤0.01% |
46,700
+4,000
| +9% | +$194K |
|
4894
Sweetgreen
SG
$748M
| $2.46M | ﹤0.01% |
217,637
-367,922
| -63% | -$3.87M |
|
4895
PUT
ITT
ITT
$19.6B
| $2.46M | ﹤0.01% |
20,600
+4,600
| +29% | +$484K |
|
4896
Crown Holdings
CCK
$12.9B
| $2.46M | ﹤0.01% |
26,680
+1,849
| +7% | +$157K |
|
4897
CALL
GigaCloud Technology
GCT
$1.85B
| $2.45M | ﹤0.01% |
+134,000
| New | +$1.48M |
|
4898
Fulton Financial
FULT
$4.72B
| $2.45M | ﹤0.01% |
148,924
+47,128
| +46% | +$661K |
|
4899
Alkermes
ALKS
$8.23B
| $2.45M | ﹤0.01% |
88,353
-739,527
| -89% | -$19.2M |
|
4900
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.36B
| $2.45M | ﹤0.01% |
23,520
-214,834
| -90% | -$18.7M |
|
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.