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 | |
|---|---|---|---|---|---|---|
11001
First Guaranty Bancshares
FGBI
$137M
| $137K | ﹤0.01% |
12,310
+2,206
| +22% | +$22.9K |
|
11002
Ambev
ABEV
$43.2B
| $137K | ﹤0.01% |
+48,863
| New | +$132K |
|
|
XELA
11003
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| $136K | ﹤0.01% |
40,556
-71,848
| -64% | -$238K |
|
|
MCHB
11004
Mechanics Bancorp
MCHB
$3.78B
| $136K | ﹤0.01% |
13,219
-75,473
| -85% | -$522K |
|
11005
Bogota Financial
BSBK
$116M
| $136K | ﹤0.01% |
16,913
+558
| +3% | +$4.07K |
|
|
TAST
11006
PUT
DELISTED
Carrols Restaurant Group, Inc.
TAST
| $136K | ﹤0.01% |
17,200
-3,600
| -17% | -$24.5K |
|
|
BRSP
11007
PUT
BrightSpire Capital
BRSP
$633M
| $135K | ﹤0.01% |
18,200
+7,800
| +75% | +$50.9K |
|
11008
CALL
Crexendo
CXDO
$221M
| $135K | ﹤0.01% |
+27,900
| New | +$73.3K |
|
11009
CALL
KRONOS Worldwide
KRO
$975M
| $135K | ﹤0.01% |
+13,600
| New | +$110K |
|
|
EOD
11010
Allspring Global Dividend Opportunity Fund
EOD
$289M
| $135K | ﹤0.01% |
31,081
+1,751
| +6% | +$7.18K |
|
11011
CALL
Babcock & Wilcox
BW
$1.53B
| $135K | ﹤0.01% |
92,200
+23,000
| +33% | +$49K |
|
|
MAXN
11012
DELISTED
Maxeon Solar Technologies
MAXN
| $135K | ﹤0.01% |
+188
| New | +$123K |
|
11013
Cohen & Steers Closed End Opportunity Fund
FOF
$382M
| $134K | ﹤0.01% |
+12,002
| New | +$128K |
|
|
OGI
11014
Organigram Holdings
OGI
$173M
| $134K | ﹤0.01% |
102,576
-29,838
| -23% | -$36.7K |
|
11015
AEye
LIDR
$60.9M
| $134K | ﹤0.01% |
58,668
+25,709
| +78% | +$126K |
|
11016
CALL
Backblaze
BLZE
$1.18B
| $134K | ﹤0.01% |
17,700
-400
| -2% | -$2.53K |
|
11017
US Global Investors
GROW
$39.4M
| $134K | ﹤0.01% |
47,607
-31,798
| -40% | -$90.2K |
|
11018
PUT
Lightbridge
LTBR
$317M
| $134K | ﹤0.01% |
41,800
+12,800
| +44% | +$51K |
|
|
ARVL
11019
CALL
DELISTED
Arrival Ordinary Shares
ARVL
| $134K | ﹤0.01% |
118,500
-10,200
| -8% | -$11.7K |
|
11020
Purple Innovation
PRPL
$29.7M
| $134K | ﹤0.01% |
5,198
-5,555
| -52% | -$142K |
|
|
APCA
11021
DELISTED
AP Acquisition Corp
APCA
| $134K | ﹤0.01% |
12,024
-145
| -1% | -$1.6K |
|
|
EVF
11022
Eaton Vance Senior Income Trust
EVF
$90.7M
| $134K | ﹤0.01% |
+21,169
| New | +$127K |
|
11023
CALL
Delcath Systems
DCTH
$581M
| $134K | ﹤0.01% |
32,100
-58,500
| -65% | -$192K |
|
11024
PUT
American Public Education
APEI
$828M
| $133K | ﹤0.01% |
+13,800
| New | +$87.7K |
|
11025
PUT
Annexon
ANNX
$1B
| $133K | ﹤0.01% |
29,300
+13,200
| +82% | +$32.7K |
|
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.