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 | |
|---|---|---|---|---|---|---|
|
MRO
1126
CALL
DELISTED
Marathon Oil Corporation
MRO
| $43.4M | 0.01% |
1,796,900
+290,600
| +19% | +$7.49M |
|
1127
CALL
Xtrackers Harvest CSI 300 China A-Shares ETF
ASHR
$1.58B
| $43.4M | 0.01% |
1,815,400
+1,459,300
| +410% | +$36.1M |
|
1128
CALL
Restaurant Brands International
QSR
$26.7B
| $43.4M | 0.01% |
555,100
-210,700
| -28% | -$14.7M |
|
1129
CALL
Penumbra
PEN
$12.9B
| $43.2M | 0.01% |
171,700
-7,000
| -4% | -$1.55M |
|
1130
PUT
American International
AIG
$39.8B
| $43.2M | 0.01% |
637,000
+90,000
| +16% | +$5.73M |
|
1131
PUT
SL Green Realty
SLG
$4.08B
| $43.1M | 0.01% |
954,100
-177,700
| -16% | -$6.55M |
|
1132
PUT
KE Holdings
BEKE
$18.7B
| $43.1M | 0.01% |
2,658,000
+1,326,800
| +100% | +$20.5M |
|
1133
CALL
Paychex
PAYX
$44.6B
| $43.1M | 0.01% |
361,700
-21,500
| -6% | -$2.55M |
|
1134
PUT
The Mosaic Company
MOS
$6.92B
| $43M | 0.01% |
1,203,500
-323,000
| -21% | -$11.4M |
|
1135
PUT
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$142M
| $43M | 0.01% |
692,025
-119,100
| -15% | -$9.62M |
|
1136
CVS Health
CVS
$121B
| $42.9M | 0.01% |
543,873
-215,043
| -28% | -$15.3M |
|
1137
PUT
Match Group
MTCH
$8.56B
| $42.9M | 0.01% |
1,176,100
-49,400
| -4% | -$1.67M |
|
|
EA
1138
PUT
DELISTED
Electronic Arts
EA
| $42.9M | 0.01% |
313,600
+60,700
| +24% | +$8.02M |
|
1139
PUT
Dell
DELL
$320B
| $42.9M | 0.01% |
560,500
-464,500
| -45% | -$32.8M |
|
1140
PUT
Abercrombie & Fitch
ANF
$4.84B
| $42.8M | 0.01% |
485,100
+294,200
| +154% | +$20.9M |
|
1141
CALL
Toast
TOST
$20.4B
| $42.6M | 0.01% |
2,335,700
+883,300
| +61% | +$14.5M |
|
1142
CALL
Ally Financial
ALLY
$13.6B
| $42.6M | 0.01% |
1,221,100
+336,300
| +38% | +$9.39M |
|
1143
CALL
Quanta Services
PWR
$101B
| $42.6M | 0.01% |
197,500
-14,600
| -7% | -$2.7M |
|
1144
PUT
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $42.5M | 0.01% |
922,800
+577,600
| +167% | +$22.9M |
|
1145
Progressive
PGR
$121B
| $42.4M | 0.01% |
266,266
+56,897
| +27% | +$8.91M |
|
1146
CALL
XPO
XPO
$24.7B
| $42.4M | 0.01% |
484,100
-54,500
| -10% | -$4.44M |
|
1147
PNC Financial Services
PNC
$102B
| $42.4M | 0.01% |
273,560
-261,672
| -49% | -$33.9M |
|
1148
PUT
Lyft
LYFT
$6.48B
| $42.2M | 0.01% |
2,815,200
-295,700
| -10% | -$3.44M |
|
1149
United Airlines
UAL
$41B
| $42.1M | 0.01% |
1,020,616
+775,213
| +316% | +$30.5M |
|
1150
Riot Platforms
RIOT
$7.21B
| $42.1M | 0.01% |
2,719,396
+88,607
| +3% | +$1.07M |
|
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.