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 | |
|---|---|---|---|---|---|---|
1076
General Dynamics
GD
$106B
| $46.7M | 0.01% |
180,016
-13,222
| -7% | -$3.23M |
|
1077
Berkshire Hathaway Class A
BRK.A
$1.09T
| $46.7M | 0.01% |
86
+11
| +15% | +$5.87M |
|
1078
CALL
Vanguard Morningstar Growth ETF
VUG
$231B
| $46.7M | 0.01% |
900,600
+301,200
| +50% | +$14.5M |
|
1079
PUT
Wolfspeed
WOLF
$1.64B
| $46.6M | 0.01% |
1,071,400
+191,800
| +22% | +$6.96M |
|
1080
CALL
Repligen
RGEN
$9.45B
| $46.6M | 0.01% |
259,000
+246,300
| +1,939% | +$38.3M |
|
1081
Tyson Foods
TSN
$19.8B
| $46.5M | 0.01% |
865,448
-401,594
| -32% | -$19.5M |
|
1082
CALL
Nutrien
NTR
$32.2B
| $46.5M | 0.01% |
825,300
+137,900
| +20% | +$7.79M |
|
1083
CALL
Abercrombie & Fitch
ANF
$4.84B
| $46.4M | 0.01% |
526,300
+14,400
| +3% | +$1.02M |
|
1084
PUT
New Oriental
EDU
$8.33B
| $46.4M | 0.01% |
633,400
+63,400
| +11% | +$4.4M |
|
1085
PUT
Cintas
CTAS
$80.3B
| $46.4M | 0.01% |
308,000
-80,400
| -21% | -$10.8M |
|
1086
PUT
Crown Castle
CCI
$32.2B
| $46.4M | 0.01% |
402,500
+206,500
| +105% | +$21.2M |
|
1087
Gilead Sciences
GILD
$171B
| $46.4M | 0.01% |
572,155
+94,038
| +20% | +$7.32M |
|
1088
Autodesk
ADSK
$54.5B
| $46.3M | 0.01% |
190,227
+90,660
| +91% | +$19.6M |
|
1089
CALL
On Holding
ONON
$10.6B
| $46.2M | 0.01% |
1,714,200
-1,186,300
| -41% | -$32.3M |
|
1090
EOG Resources
EOG
$74.2B
| $46.2M | 0.01% |
381,618
-305,183
| -44% | -$38M |
|
|
SAVE
1091
PUT
DELISTED
Spirit Airlines, Inc.
SAVE
| $46.1M | 0.01% |
2,815,600
+1,888,200
| +204% | +$27.2M |
|
1092
CALL
Academy Sports + Outdoors
ASO
$3.03B
| $46.1M | 0.01% |
699,100
+162,500
| +30% | +$8.24M |
|
1093
CALL
ProShares Ultra QQQ
QLD
$14.4B
| $46M | 0.01% |
1,211,800
-15,800
| -1% | -$521K |
|
1094
American Express
AXP
$232B
| $46M | 0.01% |
245,687
-594,792
| -71% | -$95.7M |
|
1095
CALL
Steel Dynamics
STLD
$37.3B
| $46M | 0.01% |
389,500
-70,700
| -15% | -$7.88M |
|
1096
PUT
HSBC
HSBC
$358B
| $46M | 0.01% |
1,133,600
-443,400
| -28% | -$17.2M |
|
1097
State Street Materials Select Sector SPDR ETF
XLB
$8.57B
| $45.9M | 0.01% |
1,073,030
+702,980
| +190% | +$28.1M |
|
1098
PUT
Zions Bancorporation
ZION
$10.5B
| $45.9M | 0.01% |
1,045,700
-175,800
| -14% | -$6.35M |
|
1099
Airbnb
ABNB
$111B
| $45.7M | 0.01% |
335,511
+111,429
| +50% | +$14.4M |
|
1100
CALL
Futu Holdings
FUTU
$14.7B
| $45.6M | 0.01% |
834,600
-247,500
| -23% | -$14.1M |
|
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.