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 | |
|---|---|---|---|---|---|---|
551
State Street Energy Select Sector SPDR ETF
XLE
$39.8B
| $138M | 0.03% |
3,281,386
-1,961,690
| -37% | -$83.9M |
|
552
CALL
SoFi Technologies
SOFI
$23.3B
| $137M | 0.03% |
13,807,600
+2,563,600
| +23% | +$20.4M |
|
553
PUT
Cameco
CCJ
$42.7B
| $136M | 0.03% |
3,162,500
-119,500
| -4% | -$5M |
|
554
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$14.8B
| $136M | 0.03% |
1,676,500
+859,000
| +105% | +$63.6M |
|
555
CALL
Scorpio Tankers
STNG
$3.91B
| $135M | 0.03% |
2,216,200
+522,100
| +31% | +$29.4M |
|
556
CALL
Alpha Metallurgical Resources
AMR
$2.02B
| $134M | 0.03% |
396,300
-15,200
| -4% | -$4M |
|
557
PUT
Honeywell
HON
$73.8B
| $134M | 0.03% |
677,024
-9,337
| -1% | -$1.68M |
|
558
PUT
KraneShares CSI China Internet ETF
KWEB
$5.31B
| $134M | 0.03% |
4,956,100
+1,503,000
| +44% | +$40.7M |
|
559
CALL
Li Auto
LI
$12B
| $133M | 0.03% |
3,560,800
+707,400
| +25% | +$25.5M |
|
560
PUT
Upstart Holdings
UPST
$2.88B
| $133M | 0.03% |
3,255,900
+697,600
| +27% | +$21.2M |
|
561
PUT
Biogen
BIIB
$31.2B
| $133M | 0.03% |
513,800
+141,800
| +38% | +$34.8M |
|
562
CALL
SLB Ltd
SLB
$77.4B
| $132M | 0.03% |
2,540,900
+375,500
| +17% | +$20.4M |
|
563
CALL
ProShares UltraPro Short QQQ
SQQQ
$1.68B
| $130M | 0.02% |
385,440
-22,920
| -6% | -$9.98M |
|
|
564
PUT
SLB Ltd
SLB
$77.4B
| $129M | 0.02% |
2,475,100
+1,099,900
| +80% | +$59.8M |
|
565
CALL
VanEck Junior Gold Miners ETF
GDXJ
$8.27B
| $128M | 0.02% |
3,367,600
-308,700
| -8% | -$10.9M |
|
566
CALL
Elevance Health
ELV
$86.8B
| $128M | 0.02% |
270,700
-55,600
| -17% | -$25.7M |
|
567
CALL
Crocs
CROX
$6.33B
| $128M | 0.02% |
1,366,400
-98,800
| -7% | -$9.12M |
|
568
CALL
BILL Holdings
BILL
$4.76B
| $127M | 0.02% |
1,559,800
+222,700
| +17% | +$18.3M |
|
569
PUT
Expedia Group
EXPE
$38.9B
| $127M | 0.02% |
835,100
+7,700
| +0.9% | +$943K |
|
570
PUT
Deckers Outdoor
DECK
$12.6B
| $127M | 0.02% |
1,137,600
-31,200
| -3% | -$3.17M |
|
571
Oracle
ORCL
$441B
| $126M | 0.02% |
1,195,903
+204,554
| +21% | +$22.3M |
|
572
PUT
Align Technology
ALGN
$12.3B
| $126M | 0.02% |
458,100
+163,200
| +55% | +$38.7M |
|
573
PUT
Newmont
NEM
$120B
| $125M | 0.02% |
3,016,800
+204,600
| +7% | +$7.9M |
|
574
PUT
State Street SPDR S&P Retail ETF
XRT
$641M
| $125M | 0.02% |
1,723,300
+789,100
| +84% | +$50.2M |
|
575
iShares MSCI Japan ETF
EWJ
$23.2B
| $124M | 0.02% |
1,939,007
+1,873,291
| +2,851% | +$115M |
|
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.