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 | |
|---|---|---|---|---|---|---|
5126
State Street SPDR S&P Kensho New Economies Composite ETF
KOMP
$2.85B
| $2.18M | ﹤0.01% |
46,642
-5,283
| -10% | -$217K |
|
5127
ADT
ADT
$5.47B
| $2.18M | ﹤0.01% |
319,052
+66,201
| +26% | +$413K |
|
5128
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $2.17M | ﹤0.01% |
73,453
+67,698
| +1,176% | +$2.78M |
|
5129
TC Energy
TRP
$66.7B
| $2.17M | ﹤0.01% |
55,633
-40,085
| -42% | -$1.46M |
|
5130
Cathay General Bancorp
CATY
$4.33B
| $2.17M | ﹤0.01% |
48,787
+35,335
| +263% | +$1.32M |
|
5131
ProShares UltraPro S&P 500
UPRO
$5.82B
| $2.17M | ﹤0.01% |
39,705
-36,341
| -48% | -$1.66M |
|
5132
Knife River
KNF
$3.77B
| $2.17M | ﹤0.01% |
32,808
+5,612
| +21% | +$319K |
|
5133
CALL
Houlihan Lokey
HLI
$8.99B
| $2.17M | ﹤0.01% |
18,100
-17,900
| -50% | -$1.94M |
|
|
HRT
5134
PUT
DELISTED
HireRight Holdings Corporation
HRT
| $2.17M | ﹤0.01% |
+161,100
| New | +$1.82M |
|
5135
Cinemark Holdings
CNK
$4.33B
| $2.17M | ﹤0.01% |
153,745
+106,845
| +228% | +$1.66M |
|
5136
8x8 Inc
EGHT
$300M
| $2.16M | ﹤0.01% |
572,572
-139,865
| -20% | -$415K |
|
5137
CALL
Vanguard Long-Term Bond ETF
BLV
$5.7B
| $2.16M | ﹤0.01% |
29,000
+11,400
| +65% | +$781K |
|
5138
PUT
Jefferies Financial Group
JEF
$12.7B
| $2.16M | ﹤0.01% |
53,500
-31,000
| -37% | -$1.1M |
|
5139
Pennant Group
PNTG
$1.37B
| $2.16M | ﹤0.01% |
155,140
-96,842
| -38% | -$1.21M |
|
5140
iShares Russell 2500 ETF
SMMD
$3.78B
| $2.16M | ﹤0.01% |
35,032
+29,455
| +528% | +$1.63M |
|
5141
MACOM Technology Solutions
MTSI
$24.2B
| $2.15M | ﹤0.01% |
23,184
+12,555
| +118% | +$1.03M |
|
5142
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$252M
| $2.15M | ﹤0.01% |
65,880
+44,201
| +204% | +$1.54M |
|
5143
Verra Mobility
VRRM
$717M
| $2.15M | ﹤0.01% |
93,519
+82,307
| +734% | +$1.69M |
|
5144
Sprott Physical Silver Trust
PSLV
$13.3B
| $2.15M | ﹤0.01% |
266,257
+111,859
| +72% | +$884K |
|
5145
CALL
Invesco S&P 500 High Beta ETF
SPHB
$957M
| $2.15M | ﹤0.01% |
26,100
+13,200
| +102% | +$951K |
|
5146
CALL
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $2.15M | ﹤0.01% |
29,800
+5,700
| +24% | +$387K |
|
5147
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $2.15M | ﹤0.01% |
123,761
+40,188
| +48% | +$687K |
|
5148
VanEck Vietnam ETF
VNM
$496M
| $2.15M | ﹤0.01% |
166,282
+153,163
| +1,167% | +$2M |
|
5149
IPG Photonics
IPGP
$3.65B
| $2.15M | ﹤0.01% |
19,791
+4,873
| +33% | +$472K |
|
5150
CALL
iShares US Healthcare ETF
IYH
$3.75B
| $2.15M | ﹤0.01% |
37,500
-18,500
| -33% | -$1.01M |
|
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.