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 | |
|---|---|---|---|---|---|---|
5526
CALL
Brighthouse Financial
BHF
$3.37B
| $1.82M | ﹤0.01% |
34,300
+12,500
| +57% | +$621K |
|
5527
CALL
Hamilton Lane
HLNE
$5.74B
| $1.82M | ﹤0.01% |
+16,000
| New | +$1.51M |
|
5528
CALL
Evolent Health
EVH
$529M
| $1.81M | ﹤0.01% |
54,900
+27,400
| +100% | +$775K |
|
5529
First Merchants
FRME
$2.74B
| $1.81M | ﹤0.01% |
48,900
+6,959
| +17% | +$216K |
|
5530
CALL
Under Armour Class C
UA
$2.26B
| $1.81M | ﹤0.01% |
217,100
+2,200
| +1% | +$15.9K |
|
5531
CALL
Dolby
DLB
$5.84B
| $1.81M | ﹤0.01% |
21,000
+2,100
| +11% | +$177K |
|
5532
Porch Group
PRCH
$1.97B
| $1.81M | ﹤0.01% |
587,426
+512,977
| +689% | +$721K |
|
5533
Invesco Russell 1000 Equal Weight ETF
EQAL
$851M
| $1.81M | ﹤0.01% |
+41,013
| New | +$1.66M |
|
5534
Invesco CurrencyShares Australian Dollar Trust
FXA
$98.2M
| $1.81M | ﹤0.01% |
+26,782
| New | +$1.73M |
|
5535
Pacer US Export Leaders ETF
PEXL
$54.5M
| $1.81M | ﹤0.01% |
39,536
+26,347
| +200% | +$1.11M |
|
|
HTLF
5536
DELISTED
Heartland Financial USA, Inc.
HTLF
| $1.81M | ﹤0.01% |
48,038
+1,090
| +2% | +$34.4K |
|
5537
CALL
Vanguard Materials ETF
VAW
$3.07B
| $1.8M | ﹤0.01% |
9,500
-100
| -1% | -$17.6K |
|
5538
CALL
Avnet
AVT
$7.86B
| $1.8M | ﹤0.01% |
35,800
+14,900
| +71% | +$709K |
|
5539
Shoals Technologies Group
SHLS
$1.42B
| $1.8M | ﹤0.01% |
116,063
-577,983
| -83% | -$8.75M |
|
|
NWLI
5540
DELISTED
National Western Life Group, Inc. Class A
NWLI
| $1.8M | ﹤0.01% |
+3,733
| New | +$1.78M |
|
5541
CALL
NewMarket
NEU
$8.85B
| $1.8M | ﹤0.01% |
3,300
-8,600
| -72% | -$4.32M |
|
|
BORR
5542
Borr Drilling
BORR
$1.37B
| $1.8M | ﹤0.01% |
244,662
+222,928
| +1,026% | +$1.47M |
|
5543
EnerSys
ENS
$7.34B
| $1.8M | ﹤0.01% |
17,795
+7,680
| +76% | +$706K |
|
5544
PUT
Halozyme
HALO
$11.2B
| $1.8M | ﹤0.01% |
48,600
+14,500
| +43% | +$546K |
|
5545
PUT
MBIA
MBI
$264M
| $1.8M | ﹤0.01% |
293,500
+215,400
| +276% | +$1.73M |
|
5546
Franklin Electric
FELE
$4.68B
| $1.8M | ﹤0.01% |
18,573
+12,891
| +227% | +$1.16M |
|
|
VERV
5547
DELISTED
Verve Therapeutics
VERV
| $1.79M | ﹤0.01% |
128,716
+95,589
| +289% | +$1.18M |
|
5548
Franklin US Low Volatility High Dividend Index ETF
LVHD
$632M
| $1.79M | ﹤0.01% |
49,323
+1,627
| +3% | +$56.1K |
|
5549
CALL
Oaktree Specialty Lending
OCSL
$1.14B
| $1.79M | ﹤0.01% |
87,800
-1,800
| -2% | -$35.5K |
|
5550
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $1.79M | ﹤0.01% |
64,982
+34,459
| +113% | +$750K |
|
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.