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 | |
|---|---|---|---|---|---|---|
5101
PUT
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46B
| $2.21M | ﹤0.01% |
43,300
+10,600
| +32% | +$520K |
|
5102
CALL
C4 Therapeutics
CCCC
$522M
| $2.21M | ﹤0.01% |
+390,900
| New | +$891K |
|
5103
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $2.21M | ﹤0.01% |
31,153
+20,078
| +181% | +$1.33M |
|
5104
iShares MSCI Netherlands ETF
EWN
$738M
| $2.21M | ﹤0.01% |
49,411
+27,150
| +122% | +$1.1M |
|
5105
CALL
MYR Group
MYRG
$5.21B
| $2.2M | ﹤0.01% |
15,200
+10,300
| +210% | +$1.33M |
|
5106
ClearShares Piton Intermediate Fixed Income ETF
PIFI
$97.9M
| $2.2M | ﹤0.01% |
23,784
| – | – |
|
5107
CALL
Burford Capital
BUR
$960M
| $2.2M | ﹤0.01% |
140,900
-361,800
| -72% | -$4.84M |
|
5108
Pathward Financial
CASH
$1.8B
| $2.2M | ﹤0.01% |
41,525
+23,395
| +129% | +$1.15M |
|
5109
PUT
Portillo's
PTLO
$374M
| $2.2M | ﹤0.01% |
137,900
-207,600
| -60% | -$3.21M |
|
5110
Flywire
FLYW
$2.29B
| $2.2M | ﹤0.01% |
94,887
-70,637
| -43% | -$1.78M |
|
5111
ProPetro Holding
PUMP
$1.49B
| $2.19M | ﹤0.01% |
261,862
-143,009
| -35% | -$1.35M |
|
|
CVGW
5112
CALL
DELISTED
Calavo Growers
CVGW
| $2.19M | ﹤0.01% |
74,600
+44,700
| +149% | +$1.15M |
|
5113
PUT
First Horizon
FHN
$12.4B
| $2.19M | ﹤0.01% |
154,900
-212,700
| -58% | -$2.56M |
|
|
LAZR
5114
PUT
DELISTED
Luminar Technologies
LAZR
| $2.19M | ﹤0.01% |
43,340
-49,367
| -53% | -$2.45M |
|
5115
CALL
Jakks Pacific
JAKK
$294M
| $2.19M | ﹤0.01% |
61,600
+46,800
| +316% | +$1.21M |
|
5116
PUT
iShares MSCI Australia ETF
EWA
$1.45B
| $2.19M | ﹤0.01% |
89,800
-8,400
| -9% | -$186K |
|
5117
FlexShares STOXX US ESG Select Index Fund
ESG
$137M
| $2.18M | ﹤0.01% |
18,828
+1,787
| +10% | +$195K |
|
5118
Vanguard FTSE All-World ex-US ETF
VEU
$70.6B
| $2.18M | ﹤0.01% |
38,912
+13,437
| +53% | +$712K |
|
5119
CALL
Amplify Alternative Harvest ETF
MJ
$110M
| $2.18M | ﹤0.01% |
56,325
+12,017
| +27% | +$452K |
|
5120
Independent Bank
INDB
$4.07B
| $2.18M | ﹤0.01% |
33,170
+9,572
| +41% | +$528K |
|
|
SLGC
5121
DELISTED
SomaLogic, Inc. Class A Common Stock
SLGC
| $2.18M | ﹤0.01% |
862,266
+823,239
| +2,109% | +$1.92M |
|
5122
iShares 1-5 Year Investment Grade Corporate Bond ETF
IGSB
$23.3B
| $2.18M | ﹤0.01% |
+42,528
| New | +$2.14M |
|
5123
PUT
Federal Agricultural Mortgage
AGM
$2.53B
| $2.18M | ﹤0.01% |
11,400
-10,800
| -49% | -$1.76M |
|
5124
PUT
SouthState Bank Corp
SSB
$10.8B
| $2.18M | ﹤0.01% |
25,800
+20,600
| +396% | +$1.52M |
|
5125
CALL
Mueller Industries
MLI
$14.6B
| $2.18M | ﹤0.01% |
92,400
-23,600
| -20% | -$477K |
|
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.