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 | |
|---|---|---|---|---|---|---|
10776
Commercial Vehicle Group
CVGI
$132M
| $172K | ﹤0.01% |
24,539
+14,078
| +135% | +$95.7K |
|
10777
PUT
Kamada
KMDA
$437M
| $172K | ﹤0.01% |
+28,100
| New | +$142K |
|
10778
CALL
Rekor Systems
REKR
$98.2M
| $172K | ﹤0.01% |
51,600
-5,700
| -10% | -$16.2K |
|
|
SLRN
10779
PUT
DELISTED
ACELYRIN
SLRN
| $172K | ﹤0.01% |
23,000
+3,200
| +16% | +$27.3K |
|
|
TTSH
10780
DELISTED
Tile Shop Holdings
TTSH
| $171K | ﹤0.01% |
+23,297
| New | +$140K |
|
|
NXC
10781
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $171K | ﹤0.01% |
+13,403
| New | +$166K |
|
10782
CALL
Replimune Group
REPL
$1.4B
| $171K | ﹤0.01% |
20,300
-403,300
| -95% | -$4.68M |
|
10783
Star Group
SGU
$415M
| $171K | ﹤0.01% |
14,842
-262
| -2% | -$3.18K |
|
|
TRTX
10784
CALL
TPG RE Finance Trust
TRTX
$609M
| $171K | ﹤0.01% |
+26,300
| New | +$159K |
|
|
KREF
10785
CALL
KKR Real Estate Finance Trust
KREF
$490M
| $171K | ﹤0.01% |
12,900
-9,900
| -43% | -$119K |
|
10786
ImmuCell
ICCC
$91.3M
| $170K | ﹤0.01% |
33,720
+16,164
| +92% | +$78.9K |
|
|
MMU
10787
Western Asset Managed Municipals Fund
MMU
$558M
| $170K | ﹤0.01% |
16,736
-4,597
| -22% | -$43.4K |
|
|
PFIE
10788
DELISTED
Profire Energy, Inc
PFIE
| $170K | ﹤0.01% |
94,027
-132,704
| -59% | -$249K |
|
10789
PUT
Actinium Pharmaceuticals
ATNM
$32.6M
| $170K | ﹤0.01% |
33,500
+3,000
| +10% | +$15.4K |
|
10790
Korea Electric Power
KEP
$15.1B
| $170K | ﹤0.01% |
23,451
+4,716
| +25% | +$31.9K |
|
|
FOCL
10791
CALL
EDAP TMS S.A.
FOCL
$178M
| $170K | ﹤0.01% |
32,200
-22,000
| -41% | -$128K |
|
10792
PUT
Sasol
SSL
$7.39B
| $170K | ﹤0.01% |
+17,100
| New | +$201K |
|
10793
CALL
OraSure Technologies
OSUR
$265M
| $170K | ﹤0.01% |
20,700
+3,200
| +18% | +$21K |
|
10794
CALL
Momentus
MNTS
$91.2M
| $170K | ﹤0.01% |
393
| – | – |
|
10795
PUT
Caribou Biosciences
CRBU
$169M
| $170K | ﹤0.01% |
29,600
-34,300
| -54% | -$170K |
|
|
NAPA
10796
PUT
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $169K | ﹤0.01% |
+17,200
| New | +$174K |
|
10797
Organogenesis Holdings
ORGO
$230M
| $169K | ﹤0.01% |
41,367
-343,643
| -89% | -$962K |
|
|
AFBI
10798
DELISTED
Affinity Bancshares
AFBI
| $169K | ﹤0.01% |
10,595
-3,345
| -24% | -$49.5K |
|
10799
Arq
ARQ
$102M
| $169K | ﹤0.01% |
56,720
+30,227
| +114% | +$67.4K |
|
10800
PUT
Immunic
IMUX
$219M
| $169K | ﹤0.01% |
11,250
+1,300
| +13% | +$15.9K |
|
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.