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 | |
|---|---|---|---|---|---|---|
5001
CALL
PJT Partners
PJT
$4.46B
| $2.33M | ﹤0.01% |
22,900
+20,200
| +748% | +$1.74M |
|
5002
CALL
Sturm, Ruger & Co
RGR
$602M
| $2.33M | ﹤0.01% |
51,300
-72,300
| -58% | -$3.47M |
|
5003
RPC Inc
RES
$1.41B
| $2.33M | ﹤0.01% |
319,733
-184,980
| -37% | -$1.45M |
|
5004
CALL
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $2.33M | ﹤0.01% |
19,800
-5,400
| -21% | -$581K |
|
5005
BOK Financial
BOKF
$8.88B
| $2.33M | ﹤0.01% |
27,148
+11,028
| +68% | +$832K |
|
5006
Equity Lifestyle Properties
ELS
$12.7B
| $2.33M | ﹤0.01% |
32,962
-118,674
| -78% | -$8.08M |
|
|
OPTU
5007
Optimum Communications Inc
OPTU
$251M
| $2.33M | ﹤0.01% |
715,427
-1,733,579
| -71% | -$4.54M |
|
|
AMPS
5008
CALL
DELISTED
Altus Power
AMPS
| $2.32M | ﹤0.01% |
340,400
+227,100
| +200% | +$1.23M |
|
5009
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $2.32M | ﹤0.01% |
28,200
+8,181
| +41% | +$590K |
|
5010
PUT
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $2.32M | ﹤0.01% |
20,110
-33,170
| -62% | -$4.71M |
|
5011
CALL
Invesco CurrencyShares British Pound Sterling Trust
FXB
$65M
| $2.32M | ﹤0.01% |
+18,900
| New | +$2.26M |
|
|
RYZB
5012
PUT
DELISTED
RayzeBio, Inc. Common Stock
RYZB
| $2.32M | ﹤0.01% |
+37,300
| New | +$927K |
|
5013
Inogen
INGN
$153M
| $2.32M | ﹤0.01% |
422,059
+367,710
| +677% | +$1.94M |
|
5014
PUT
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $2.32M | ﹤0.01% |
21,400
+13,800
| +182% | +$1.38M |
|
5015
CALL
Columbia Banking Systems
COLB
$9.25B
| $2.32M | ﹤0.01% |
86,800
+43,400
| +100% | +$965K |
|
|
OSG
5016
CALL
DELISTED
Overseas Shipholding Group Inc.
OSG
| $2.32M | ﹤0.01% |
+439,300
| New | +$2.13M |
|
5017
Duolingo
DUOL
$6.21B
| $2.31M | ﹤0.01% |
10,203
-7,315
| -42% | -$1.42M |
|
5018
CALL
MINISO
MNSO
$3.52B
| $2.31M | ﹤0.01% |
113,400
+61,200
| +117% | +$1.47M |
|
5019
Expro Ltd
XPRO
$2.1B
| $2.31M | ﹤0.01% |
145,280
+123,791
| +576% | +$2.14M |
|
|
TBCH
5020
PUT
Turtle Beach Corp
TBCH
$228M
| $2.31M | ﹤0.01% |
211,200
-165,700
| -44% | -$1.62M |
|
|
FOLD
5021
DELISTED
Amicus Therapeutics
FOLD
| $2.31M | ﹤0.01% |
162,976
-97,792
| -38% | -$1.11M |
|
|
SLNO
5022
PUT
DELISTED
Soleno Therapeutics
SLNO
| $2.31M | ﹤0.01% |
+57,400
| New | +$1.63M |
|
5023
CALL
Kontoor Brands
KTB
$4.64B
| $2.31M | ﹤0.01% |
37,000
+18,900
| +104% | +$971K |
|
5024
HealthEquity
HQY
$8.76B
| $2.31M | ﹤0.01% |
34,794
-10,229
| -23% | -$709K |
|
|
SRDX
5025
DELISTED
Surmodics
SRDX
| $2.31M | ﹤0.01% |
63,455
-64,793
| -51% | -$2.12M |
|
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.