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 | |
|---|---|---|---|---|---|---|
11201
Wave Life Sciences
WVE
$1.07B
| $109K | ﹤0.01% |
21,558
-8,661
| -29% | -$46.3K |
|
11202
Annexon
ANNX
$1B
| $109K | ﹤0.01% |
23,945
-196,541
| -89% | -$486K |
|
11203
CALL
LanzaTech
LNZA
$83M
| $109K | ﹤0.01% |
+216
| New | +$95K |
|
|
LEO
11204
BNY Mellon Strategic Municipals
LEO
$390M
| $109K | ﹤0.01% |
18,525
-831
| -4% | -$4.57K |
|
11205
CALL
Worksport
WKSP
$10.7M
| $108K | ﹤0.01% |
7,280
-2,660
| -27% | -$42.2K |
|
11206
PUT
DocGo
DCGO
$65.9M
| $108K | ﹤0.01% |
19,400
-79,000
| -80% | -$454K |
|
11207
CALL
Ezcorp Inc
EZPW
$1.81B
| $108K | ﹤0.01% |
12,400
-166,300
| -93% | -$1.4M |
|
|
BNKK
11208
PUT
Bonk Inc
BNKK
$8.64M
| $108K | ﹤0.01% |
+877
| New | +$82.6K |
|
|
ARBK
11209
PUT
Argo Blockchain
ARBK
$42.1M
| $108K | ﹤0.01% |
133
-7
| -5% | -$2.26K |
|
|
MRSN
11210
CALL
DELISTED
Mersana Therapeutics
MRSN
| $108K | ﹤0.01% |
1,856
-3,484
| -65% | -$140K |
|
|
MREO
11211
CALL
Mereo BioPharma
MREO
$50.9M
| $107K | ﹤0.01% |
46,500
-55,300
| -54% | -$106K |
|
11212
Harvard Bioscience
HBIO
$30.3M
| $107K | ﹤0.01% |
+2,005
| New | +$90.5K |
|
|
PHLT
11213
DELISTED
Performant Healthcare Inc
PHLT
| $107K | ﹤0.01% |
34,314
+24,244
| +241% | +$63.5K |
|
|
AMRN
11214
PUT
Amarin Corp
AMRN
$297M
| $107K | ﹤0.01% |
6,155
-6,520
| -51% | -$102K |
|
|
BRW
11215
Saba Capital Income & Opportunities Fund
BRW
$335M
| $107K | ﹤0.01% |
+13,860
| New | +$106K |
|
11216
Citius Pharmaceuticals
CTXR
$20.7M
| $107K | ﹤0.01% |
5,640
+3,660
| +185% | +$69.4K |
|
|
ICD
11217
DELISTED
Independence Contract Drilling, Inc.
ICD
| $107K | ﹤0.01% |
43,498
-5,828
| -12% | -$15K |
|
11218
Scilex Holding
SCLX
$47.5M
| $107K | ﹤0.01% |
1,493
+78
| +6% | +$4.05K |
|
|
LUXH
11219
DELISTED
LuxUrban Hotels Inc. Common Stock
LUXH
| $106K | ﹤0.01% |
+255
| New | +$83.2K |
|
11220
PUT
Redwire
RDW
$3.39B
| $106K | ﹤0.01% |
37,300
-540,400
| -94% | -$1.48M |
|
11221
Seer Inc
SEER
$115M
| $106K | ﹤0.01% |
+54,789
| New | +$97.4K |
|
11222
PUT
IRIDEX
IRIX
$14.9M
| $106K | ﹤0.01% |
37,800
+7,600
| +25% | +$20K |
|
11223
PUT
ReposiTrak
TRAK
$155M
| $106K | ﹤0.01% |
+10,600
| New | +$104K |
|
|
MCHB
11224
PUT
Mechanics Bancorp
MCHB
$3.78B
| $106K | ﹤0.01% |
10,300
-44,000
| -81% | -$304K |
|
11225
Oramed Pharmaceuticals
ORMP
$186M
| $106K | ﹤0.01% |
45,916
+32,848
| +251% | +$70.2K |
|
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.