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 | |
|---|---|---|---|---|---|---|
1051
PUT
MGM Resorts International
MGM
$11.1B
| $49.1M | 0.01% |
1,099,400
-932,000
| -46% | -$36.6M |
|
1052
CALL
Trane Technologies
TT
$105B
| $49.1M | 0.01% |
201,200
-30,600
| -13% | -$6.69M |
|
1053
PUT
Transocean
RIG
$6.39B
| $49M | 0.01% |
7,714,500
-320,700
| -4% | -$2.15M |
|
1054
CALL
T. Rowe Price
TROW
$23.7B
| $48.8M | 0.01% |
453,100
-43,200
| -9% | -$4.3M |
|
1055
CALL
Edwards Lifesciences
EW
$53.4B
| $48.7M | 0.01% |
638,100
+119,900
| +23% | +$8.34M |
|
1056
Cintas
CTAS
$80.3B
| $48.6M | 0.01% |
322,396
+126,668
| +65% | +$17M |
|
1057
CALL
Teladoc Health
TDOC
$1.26B
| $48.5M | 0.01% |
2,249,000
+318,700
| +17% | +$5.88M |
|
1058
Illinois Tool Works
ITW
$82.9B
| $48.4M | 0.01% |
184,942
+85,786
| +87% | +$20.6M |
|
|
KRTX
1059
PUT
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $48.4M | 0.01% |
153,000
+56,400
| +58% | +$11M |
|
1060
CALL
GoDaddy
GDDY
$12.7B
| $48.4M | 0.01% |
455,500
+158,000
| +53% | +$14.1M |
|
1061
CALL
The Mosaic Company
MOS
$6.92B
| $48.3M | 0.01% |
1,351,900
-642,800
| -32% | -$22.7M |
|
1062
CALL
Cardinal Health
CAH
$53.8B
| $48.3M | 0.01% |
479,200
-138,200
| -22% | -$13.7M |
|
1063
CALL
Southern Company
SO
$107B
| $47.8M | 0.01% |
682,300
-385,000
| -36% | -$26.4M |
|
|
WCC
1064
CALL
WESCO International
WCC
$17.5B
| $47.8M | 0.01% |
275,100
+10,700
| +4% | +$1.6M |
|
1065
Emerson Electric
EMR
$91.6B
| $47.8M | 0.01% |
491,347
+147,087
| +43% | +$13.5M |
|
1066
CALL
Sony
SONY
$138B
| $47.7M | 0.01% |
2,518,000
-699,000
| -22% | -$12.1M |
|
1067
Lowe's Companies
LOW
$122B
| $47.6M | 0.01% |
213,938
-325,776
| -60% | -$66M |
|
1068
PUT
Cencora
COR
$59.2B
| $47.5M | 0.01% |
231,500
+98,100
| +74% | +$19.1M |
|
1069
PUT
Bath & Body Works
BBWI
$3.76B
| $47.5M | 0.01% |
1,100,200
+511,100
| +87% | +$17.3M |
|
1070
CALL
Camtek
CAMT
$8.06B
| $47.4M | 0.01% |
683,400
-24,700
| -3% | -$1.5M |
|
1071
CALL
PACCAR
PCAR
$68.8B
| $47.4M | 0.01% |
485,500
+97,850
| +25% | +$8.79M |
|
1072
PUT
Canadian Natural Resources
CNQ
$98.1B
| $47.4M | 0.01% |
1,446,800
+123,400
| +9% | +$3.99M |
|
1073
PUT
BRC Group Holdings
RILY
$303M
| $47.3M | 0.01% |
2,254,700
+1,764,100
| +360% | +$51.6M |
|
1074
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.3B
| $47.3M | 0.01% |
125,550
+58,084
| +86% | +$20.3M |
|
1075
CALL
iShares MSCI Canada ETF
EWC
$6.55B
| $46.9M | 0.01% |
1,279,900
+782,600
| +157% | +$26.7M |
|
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.