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 | |
|---|---|---|---|---|---|---|
|
EFC
8001
PUT
Ellington Financial
EFC
$1.75B
| $643K | ﹤0.01% |
50,600
-25,600
| -34% | -$325K |
|
8002
Arrow Financial
AROW
$728M
| $643K | ﹤0.01% |
+23,013
| New | +$537K |
|
8003
PUT
Kontoor Brands
KTB
$4.5B
| $643K | ﹤0.01% |
10,300
-6,600
| -39% | -$339K |
|
|
ONIT
8004
CALL
Onity Group
ONIT
$316M
| $643K | ﹤0.01% |
20,900
+10,500
| +101% | +$269K |
|
|
AUTL
8005
CALL
Autolus Therapeutics
AUTL
$604M
| $643K | ﹤0.01% |
99,800
-42,500
| -30% | -$162K |
|
8006
PUT
Leslie's
LESL
$6.09M
| $643K | ﹤0.01% |
4,650
+480
| +12% | +$52.8K |
|
8007
PUT
Radware
RDWR
$1.22B
| $642K | ﹤0.01% |
38,500
-363,900
| -90% | -$5.78M |
|
|
GPP
8008
CALL
DELISTED
Green Plains Partners LP
GPP
| $642K | ﹤0.01% |
50,400
-25,400
| -34% | -$337K |
|
8009
Renaissance IPO ETF
IPO
$160M
| $641K | ﹤0.01% |
17,011
-29,732
| -64% | -$984K |
|
8010
United States 12 Month Oil Fund,
USL
$45.9M
| $641K | ﹤0.01% |
18,268
-28,123
| -61% | -$1.05M |
|
8011
PUT
Vanguard Extended Market ETF
VXF
$32.3B
| $641K | ﹤0.01% |
3,900
-2,700
| -41% | -$397K |
|
8012
FT Vest US Small Cap Moderate Buffer ETF May
SMAY
$112M
| $641K | ﹤0.01% |
+29,115
| New | +$599K |
|
8013
CALL
MannKind Corp
MNKD
$1.24B
| $641K | ﹤0.01% |
176,100
-336,800
| -66% | -$1.29M |
|
|
CACG
8014
DELISTED
Legg Mason ETF Investment Trust ClearBridge All Cap Growth ESG ETF
CACG
| $641K | ﹤0.01% |
13,600
+6,704
| +97% | +$290K |
|
8015
Baytex Energy
BTE
$3.13B
| $641K | ﹤0.01% |
193,017
-806,714
| -81% | -$3.13M |
|
8016
Lexicon Pharmaceuticals
LXRX
$1.06B
| $639K | ﹤0.01% |
417,813
+89,307
| +27% | +$106K |
|
8017
CALL
Citi Trends
CTRN
$606M
| $639K | ﹤0.01% |
22,600
-2,800
| -11% | -$68.1K |
|
8018
Puma Biotechnology
PBYI
$452M
| $639K | ﹤0.01% |
147,558
+49,536
| +51% | +$164K |
|
|
FFC
8019
Flaherty & Crumrine Preferred and Income Securities Fund
FFC
$779M
| $638K | ﹤0.01% |
45,889
+17,358
| +61% | +$228K |
|
8020
Addus HomeCare
ADUS
$2.15B
| $638K | ﹤0.01% |
6,869
+170
| +3% | +$14.8K |
|
|
TCN
8021
DELISTED
Tricon Residential Inc.
TCN
| $638K | ﹤0.01% |
+70,077
| New | +$537K |
|
8022
RxSight
RXST
$269M
| $638K | ﹤0.01% |
15,815
-3,943
| -20% | -$116K |
|
8023
PUT
Corebridge Financial
CRBG
$15.1B
| $637K | ﹤0.01% |
29,400
-43,900
| -60% | -$906K |
|
|
MTLS
8024
PUT
Materialise
MTLS
$391M
| $637K | ﹤0.01% |
96,900
-3,100
| -3% | -$18.3K |
|
8025
JPMorgan Equity Focus ETF
JPEF
$2.05B
| $637K | ﹤0.01% |
12,074
-2,942
| -20% | -$146K |
|
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.