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 | |
|---|---|---|---|---|---|---|
501
CALL
Truist Financial
TFC
$64.6B
| $153M | 0.03% |
4,138,700
+2,750,300
| +198% | +$86.3M |
|
502
PUT
SolarEdge
SEDG
$1.95B
| $153M | 0.03% |
1,630,700
+295,500
| +22% | +$26.9M |
|
503
PUT
Capital One
COF
$136B
| $153M | 0.03% |
1,164,000
+246,200
| +27% | +$26.6M |
|
504
CALL
General Dynamics
GD
$106B
| $153M | 0.03% |
587,700
+32,000
| +6% | +$7.81M |
|
505
CALL
McKesson
MCK
$100B
| $152M | 0.03% |
328,700
+49,600
| +18% | +$22.6M |
|
506
CALL
Automatic Data Processing
ADP
$107B
| $152M | 0.03% |
651,500
+7,500
| +1% | +$1.75M |
|
507
CALL
Dick's Sporting Goods
DKS
$18.1B
| $152M | 0.03% |
1,032,700
-30,800
| -3% | -$3.74M |
|
508
CALL
Philip Morris
PM
$296B
| $152M | 0.03% |
1,612,900
-693,500
| -30% | -$63.9M |
|
509
PUT
PNC Financial Services
PNC
$102B
| $152M | 0.03% |
979,600
-146,900
| -13% | -$19M |
|
510
CALL
Align Technology
ALGN
$12.4B
| $151M | 0.03% |
551,300
+296,100
| +116% | +$70.2M |
|
511
JD.com
JD
$39.4B
| $151M | 0.03% |
5,226,327
+1,360,809
| +35% | +$36.9M |
|
512
CALL
Expedia Group
EXPE
$38.8B
| $150M | 0.03% |
988,200
+44,200
| +5% | +$5.41M |
|
|
HES
513
PUT
DELISTED
Hess
HES
| $149M | 0.03% |
1,036,900
+489,000
| +89% | +$71.7M |
|
514
PUT
iShares Silver Trust
SLV
$31.4B
| $149M | 0.03% |
6,853,300
+1,166,500
| +21% | +$24.8M |
|
515
Costco
COST
$423B
| $149M | 0.03% |
225,586
-14,138
| -6% | -$8.38M |
|
516
PUT
HubSpot
HUBS
$10.6B
| $149M | 0.03% |
256,200
+17,700
| +7% | +$8.52M |
|
517
CALL
Paycom
PAYC
$9.46B
| $148M | 0.03% |
715,300
+236,500
| +49% | +$50M |
|
518
CALL
Snap
SNAP
$8.81B
| $148M | 0.03% |
8,730,700
+1,125,100
| +15% | +$13.8M |
|
519
PUT
Marathon Petroleum
MPC
$98.3B
| $147M | 0.03% |
990,100
-423,800
| -30% | -$62.9M |
|
520
PUT
D.R. Horton
DHI
$41.5B
| $147M | 0.03% |
964,500
+216,300
| +29% | +$26.6M |
|
521
PUT
Roblox
RBLX
$25.9B
| $146M | 0.03% |
3,197,600
+1,294,900
| +68% | +$47.8M |
|
522
PUT
NextEra Energy
NEE
$179B
| $146M | 0.03% |
2,406,700
+553,200
| +30% | +$31.5M |
|
523
PUT
Comcast
CMCSA
$91.8B
| $146M | 0.03% |
3,323,400
+1,019,400
| +44% | +$43.7M |
|
|
524
CALL
Capital One
COF
$136B
| $145M | 0.03% |
1,108,100
+408,200
| +58% | +$44M |
|
525
Lockheed Martin
LMT
$139B
| $145M | 0.03% |
320,050
+101,747
| +47% | +$45.1M |
|
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.