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 | |
|---|---|---|---|---|---|---|
|
XYZ
976
Block Inc
XYZ
$49.9B
| $55.2M | 0.01% |
713,738
-1,084,615
| -60% | -$61.3M |
|
977
Zscaler
ZS
$30.4B
| $55M | 0.01% |
248,357
-83,795
| -25% | -$15.5M |
|
978
PUT
Truist Financial
TFC
$64.7B
| $54.9M | 0.01% |
1,488,100
-182,200
| -11% | -$5.72M |
|
979
CALL
AB InBev
BUD
$158B
| $54.6M | 0.01% |
845,500
-204,700
| -19% | -$12.1M |
|
980
Elevance Health
ELV
$86.4B
| $54.6M | 0.01% |
115,822
+9,462
| +9% | +$4.38M |
|
981
CALL
UiPath
PATH
$8.64B
| $54.6M | 0.01% |
2,198,700
+51,600
| +2% | +$1.01M |
|
982
PUT
Toyota
TM
$223B
| $54.6M | 0.01% |
297,800
+93,200
| +46% | +$17M |
|
|
WCC
983
PUT
WESCO International
WCC
$17.5B
| $54.5M | 0.01% |
313,500
-12,100
| -4% | -$1.81M |
|
984
CALL
Madrigal Pharmaceuticals
MDGL
$11.7B
| $54.4M | 0.01% |
235,100
-135,900
| -37% | -$23.8M |
|
985
Occidental Petroleum
OXY
$57.7B
| $54.4M | 0.01% |
910,428
-453,713
| -33% | -$27.7M |
|
|
EXE
986
PUT
Expand Energy Corp
EXE
$21.9B
| $54.3M | 0.01% |
706,000
+16,900
| +2% | +$1.39M |
|
987
CALL
Seagate
STX
$209B
| $54.3M | 0.01% |
636,200
-636,100
| -50% | -$47.5M |
|
|
988
PUT
Seagate
STX
$209B
| $54.3M | 0.01% |
636,000
-153,900
| -19% | -$11.5M |
|
989
CALL
DuPont de Nemours
DD
$19.5B
| $54.3M | 0.01% |
561,969
-188,969
| -25% | -$17.2M |
|
990
ASML
ASML
$710B
| $54.1M | 0.01% |
71,412
-81,676
| -53% | -$53.9M |
|
|
ANSS
991
PUT
DELISTED
Ansys
ANSS
| $54M | 0.01% |
148,900
+119,700
| +410% | +$35.5M |
|
992
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $53.9M | 0.01% |
603,964
+17,259
| +3% | +$1.28M |
|
993
CALL
Warner Bros
WBD
$69.6B
| $53.3M | 0.01% |
4,684,500
-542,900
| -10% | -$5.86M |
|
994
Marvell Technology
MRVL
$199B
| $53.2M | 0.01% |
881,949
-206,501
| -19% | -$11.2M |
|
995
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.47B
| $53.2M | 0.01% |
797,000
-94,600
| -11% | -$5.13M |
|
996
CALL
Cintas
CTAS
$80.3B
| $53.1M | 0.01% |
352,400
-47,600
| -12% | -$6.38M |
|
997
Analog Devices
ADI
$186B
| $53.1M | 0.01% |
267,372
-64,243
| -19% | -$11.5M |
|
998
Cytokinetics
CYTK
$10.2B
| $53.1M | 0.01% |
635,502
+470,916
| +286% | +$17.1M |
|
999
CALL
Danaos Corp
DAC
$2.56B
| $52.9M | 0.01% |
714,900
-22,700
| -3% | -$1.54M |
|
1000
CALL
Sunrun
RUN
$2.37B
| $52.8M | 0.01% |
2,690,400
+1,556,000
| +137% | +$19.7M |
|
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.