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 | |
|---|---|---|---|---|---|---|
1026
CALL
JB Hunt Transport Services
JBHT
$26.5B
| $51M | 0.01% |
255,200
+10,200
| +4% | +$1.89M |
|
1027
PUT
Kohl's
KSS
$2.22B
| $50.9M | 0.01% |
1,776,300
+645,700
| +57% | +$15.1M |
|
1028
CALL
Enovix
ENVX
$966M
| $50.9M | 0.01% |
4,645,371
-306,629
| -6% | -$3.01M |
|
1029
PUT
Ally Financial
ALLY
$13.6B
| $50.8M | 0.01% |
1,454,700
+377,800
| +35% | +$10.6M |
|
|
SCHW
1030
Charles Schwab
SCHW
$190B
| $50.8M | 0.01% |
737,818
-631,801
| -46% | -$36.5M |
|
1031
CALL
Tractor Supply
TSCO
$18.8B
| $50.7M | 0.01% |
1,179,500
+384,000
| +48% | +$15.7M |
|
1032
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$34B
| $50.5M | 0.01% |
973,500
+939,000
| +2,722% | +$45.6M |
|
1033
PUT
Akamai
AKAM
$18B
| $50.5M | 0.01% |
426,800
+140,900
| +49% | +$15.7M |
|
1034
CALL
Yum! Brands
YUM
$41.2B
| $50.3M | 0.01% |
384,700
+64,200
| +20% | +$8.01M |
|
1035
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $50.2M | 0.01% |
1,040,600
+230,400
| +28% | +$8.05M |
|
1036
PUT
NIO
NIO
$11.3B
| $50.1M | 0.01% |
5,521,100
+1,062,300
| +24% | +$8.43M |
|
1037
CALL
GitLab
GTLB
$7.32B
| $50M | 0.01% |
794,900
+123,600
| +18% | +$6.25M |
|
1038
PUT
Teck Resources
TECK
$31.3B
| $50M | 0.01% |
1,182,000
-1,069,300
| -47% | -$41.1M |
|
1039
CALL
Suncor Energy
SU
$76.5B
| $50M | 0.01% |
1,559,300
-3,176,700
| -67% | -$104M |
|
1040
CALL
Xcel Energy
XEL
$49.3B
| $49.9M | 0.01% |
806,400
+19,600
| +2% | +$1.18M |
|
1041
CALL
Elastic
ESTC
$8.94B
| $49.9M | 0.01% |
442,700
+136,100
| +44% | +$12.1M |
|
1042
PUT
Sunrun
RUN
$2.37B
| $49.8M | 0.01% |
2,536,800
+1,135,000
| +81% | +$14.4M |
|
|
DFS
1043
CALL
DELISTED
Discover Financial Services
DFS
| $49.8M | 0.01% |
442,900
-377,200
| -46% | -$34.9M |
|
1044
PUT
Nice
NICE
$6.17B
| $49.7M | 0.01% |
249,000
-63,300
| -20% | -$11.4M |
|
1045
PUT
Chubb
CB
$133B
| $49.6M | 0.01% |
219,600
-14,900
| -6% | -$3.26M |
|
1046
PUT
Academy Sports + Outdoors
ASO
$3.03B
| $49.6M | 0.01% |
751,400
+213,400
| +40% | +$10.8M |
|
1047
CALL
Applovin
APP
$105B
| $49.5M | 0.01% |
1,242,000
+285,100
| +30% | +$11.2M |
|
1048
PUT
L3Harris
LHX
$53.7B
| $49.5M | 0.01% |
234,800
+26,700
| +13% | +$5.01M |
|
1049
CALL
XP
XP
$8.18B
| $49.4M | 0.01% |
1,896,000
+1,421,500
| +300% | +$32.4M |
|
1050
PUT
Kraft Heinz
KHC
$30.1B
| $49.4M | 0.01% |
1,335,900
+34,800
| +3% | +$1.18M |
|
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.