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 | |
|---|---|---|---|---|---|---|
9101
CALL
Opko Health
OPK
$1.03B
| $404K | ﹤0.01% |
267,500
-41,900
| -14% | -$60.6K |
|
9102
First Trust Managed Municipal ETF
FMB
$2.06B
| $404K | ﹤0.01% |
7,817
-21,328
| -73% | -$1.06M |
|
9103
Radware
RDWR
$1.23B
| $404K | ﹤0.01% |
24,192
-274,737
| -92% | -$4.36M |
|
9104
PUT
Arrow Electronics
ARW
$10.9B
| $403K | ﹤0.01% |
3,300
-7,200
| -69% | -$859K |
|
|
INVX
9105
CALL
Innovex International
INVX
$2.18B
| $403K | ﹤0.01% |
17,300
+200
| +1% | +$4.69K |
|
|
ACCD
9106
CALL
DELISTED
Accolade Inc
ACCD
| $402K | ﹤0.01% |
33,500
-33,100
| -50% | -$284K |
|
|
SRCL
9107
DELISTED
Stericycle Inc
SRCL
| $402K | ﹤0.01% |
+8,118
| New | +$364K |
|
9108
Marten Transport
MRTN
$1.24B
| $402K | ﹤0.01% |
19,171
-23,897
| -55% | -$456K |
|
9109
PUT
Zevra Therapeutics
ZVRA
$672M
| $402K | ﹤0.01% |
61,400
-14,200
| -19% | -$66.4K |
|
|
EVN
9110
Eaton Vance Municipal Income Trust
EVN
$435M
| $402K | ﹤0.01% |
40,951
+29,468
| +257% | +$274K |
|
9111
Direxion Auspice Broad Commodity Strategy ETF
COM
$209M
| $402K | ﹤0.01% |
14,462
-5,643
| -28% | -$162K |
|
9112
CALL
INmune Bio
INMB
$60.2M
| $402K | ﹤0.01% |
35,700
+20,800
| +140% | +$174K |
|
9113
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $402K | ﹤0.01% |
7,231
-94,822
| -93% | -$5.08M |
|
9114
loanDepot
LDI
$303M
| $402K | ﹤0.01% |
114,182
+3,833
| +3% | +$7.21K |
|
9115
Tredegar Corp
TG
$276M
| $402K | ﹤0.01% |
74,275
-234,165
| -76% | -$1.15M |
|
9116
PUT
J&J Snack Foods
JJSF
$1.67B
| $401K | ﹤0.01% |
2,400
+400
| +20% | +$65.1K |
|
9117
First Trust Long/Short Equity ETF
FTLS
$2.51B
| $401K | ﹤0.01% |
+7,130
| New | +$390K |
|
|
GLO
9118
Clough Global Opportunities Fund
GLO
$257M
| $401K | ﹤0.01% |
85,338
+32,504
| +62% | +$146K |
|
9119
UroGen Pharma
URGN
$2.36B
| $401K | ﹤0.01% |
26,728
+6,553
| +32% | +$85.1K |
|
9120
ARK Space & Defense Innovation ETF
ARKX
$865M
| $401K | ﹤0.01% |
26,011
-146,536
| -85% | -$2.06M |
|
9121
Mission Produce
AVO
$1.15B
| $401K | ﹤0.01% |
39,712
+26,227
| +194% | +$244K |
|
9122
PUT
MannKind Corp
MNKD
$1.24B
| $400K | ﹤0.01% |
110,000
-112,900
| -51% | -$431K |
|
9123
Insteel Industries
IIIN
$631M
| $400K | ﹤0.01% |
10,454
-2,119
| -17% | -$70K |
|
|
NFGC
9124
New Found Gold
NFGC
$649M
| $400K | ﹤0.01% |
114,321
-5,518
| -5% | -$20.9K |
|
9125
Teekay Tankers
TNK
$2.95B
| $400K | ﹤0.01% |
+8,003
| New | +$384K |
|
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.