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 | |
|---|---|---|---|---|---|---|
5026
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$273M
| $2.31M | ﹤0.01% |
39,106
-46,937
| -55% | -$2.47M |
|
5027
CALL
American Financial Group
AFG
$12.1B
| $2.31M | ﹤0.01% |
19,400
+5,800
| +43% | +$654K |
|
|
SAFE
5028
Safehold
SAFE
$1.08B
| $2.31M | ﹤0.01% |
98,554
+34,957
| +55% | +$659K |
|
5029
PUT
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $2.31M | ﹤0.01% |
15,900
+14,000
| +737% | +$1.88M |
|
5030
CALL
Glacier Bancorp
GBCI
$6.5B
| $2.31M | ﹤0.01% |
55,800
+27,100
| +94% | +$922K |
|
5031
CALL
Alkermes
ALKS
$8.23B
| $2.31M | ﹤0.01% |
83,100
+6,600
| +9% | +$171K |
|
5032
PUT
TAL Education Group
TAL
$6.46B
| $2.3M | ﹤0.01% |
182,500
-50,700
| -22% | -$525K |
|
|
WRK
5033
PUT
DELISTED
WestRock Company
WRK
| $2.3M | ﹤0.01% |
55,500
-39,800
| -42% | -$1.53M |
|
5034
CALL
ImmunityBio
IBRX
$8.02B
| $2.3M | ﹤0.01% |
458,100
-270,300
| -37% | -$848K |
|
5035
CALL
Global X Cybersecurity ETF
BUG
$1.51B
| $2.29M | ﹤0.01% |
78,300
-28,200
| -26% | -$728K |
|
5036
ALPS Disruptive Technologies ETF
DTEC
$77.4M
| $2.29M | ﹤0.01% |
55,350
+23,033
| +71% | +$849K |
|
5037
CALL
Eagle Materials
EXP
$6.4B
| $2.29M | ﹤0.01% |
11,300
-9,800
| -46% | -$1.72M |
|
5038
CALL
Amylyx Pharmaceuticals
AMLX
$2.41B
| $2.29M | ﹤0.01% |
155,700
-81,400
| -34% | -$1.25M |
|
5039
FB Financial Corp
FBK
$3.09B
| $2.29M | ﹤0.01% |
57,497
-9,682
| -14% | -$321K |
|
5040
iShares Global 100 ETF
IOO
$9.42B
| $2.29M | ﹤0.01% |
28,431
+22,707
| +397% | +$1.74M |
|
5041
PUT
SPS Commerce
SPSC
$2.86B
| $2.29M | ﹤0.01% |
11,800
-14,400
| -55% | -$2.51M |
|
5042
Blackbaud
BLKB
$2.05B
| $2.29M | ﹤0.01% |
26,362
-1,633
| -6% | -$124K |
|
5043
Aecom
ACM
$8.12B
| $2.28M | ﹤0.01% |
24,716
+9,626
| +64% | +$817K |
|
5044
CALL
CNX Resources
CNX
$5.28B
| $2.28M | ﹤0.01% |
114,200
-48,500
| -30% | -$1.03M |
|
5045
CVB Financial
CVBF
$4.09B
| $2.28M | ﹤0.01% |
113,107
-5,808
| -5% | -$103K |
|
5046
City Holding Co
CHCO
$2.07B
| $2.28M | ﹤0.01% |
20,674
+12,021
| +139% | +$1.18M |
|
5047
PUT
BJ's Restaurants
BJRI
$1.45B
| $2.28M | ﹤0.01% |
+63,300
| New | +$1.8M |
|
5048
PUT
GigaCloud Technology
GCT
$1.85B
| $2.28M | ﹤0.01% |
+124,400
| New | +$1.37M |
|
5049
PUT
Ternium
TX
$10.6B
| $2.28M | ﹤0.01% |
53,600
-149,400
| -74% | -$5.78M |
|
5050
CALL
OR Royalties Inc
OR
$6.25B
| $2.27M | ﹤0.01% |
159,300
-267,000
| -63% | -$3.5M |
|
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.