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 | |
|---|---|---|---|---|---|---|
1151
CALL
Illinois Tool Works
ITW
$82.9B
| $42M | 0.01% |
160,300
-41,500
| -21% | -$9.94M |
|
1152
CALL
HSBC
HSBC
$358B
| $42M | 0.01% |
1,035,600
-388,600
| -27% | -$15M |
|
|
EA
1153
CALL
DELISTED
Electronic Arts
EA
| $41.9M | 0.01% |
306,400
-67,700
| -18% | -$8.95M |
|
1154
PUT
Kroger
KR
$35.1B
| $41.9M | 0.01% |
915,900
-162,400
| -15% | -$7.21M |
|
1155
CALL
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.5B
| $41.9M | 0.01% |
1,061,100
-718,100
| -40% | -$21M |
|
1156
Albemarle
ALB
$15.4B
| $41.8M | 0.01% |
289,319
+165,939
| +134% | +$22.8M |
|
|
GAP
1157
PUT
The Gap Inc
GAP
$7.34B
| $41.7M | 0.01% |
1,995,900
-946,100
| -32% | -$15.3M |
|
1158
Boston Scientific
BSX
$74.9B
| $41.7M | 0.01% |
721,346
-329,400
| -31% | -$17.6M |
|
1159
Altria Group
MO
$109B
| $41.6M | 0.01% |
1,032,240
-27,454
| -3% | -$1.14M |
|
1160
PUT
Whirlpool
WHR
$2.79B
| $41.6M | 0.01% |
341,400
+12,500
| +4% | +$1.46M |
|
1161
S&P Global
SPGI
$125B
| $41.6M | 0.01% |
94,322
-51,458
| -35% | -$20.3M |
|
1162
PUT
Idexx Laboratories
IDXX
$44.7B
| $41.5M | 0.01% |
74,700
-19,700
| -21% | -$9.25M |
|
1163
PUT
BioNTech
BNTX
$23.1B
| $41.4M | 0.01% |
392,600
-56,200
| -13% | -$5.66M |
|
1164
Philip Morris
PM
$294B
| $41.4M | 0.01% |
439,827
-158,971
| -27% | -$14.6M |
|
1165
PACCAR
PCAR
$68.8B
| $41.4M | 0.01% |
423,574
+148,380
| +54% | +$13.3M |
|
1166
PUT
Peabody Energy
BTU
$2.94B
| $41.3M | 0.01% |
1,699,800
-194,800
| -10% | -$4.7M |
|
|
ARCH
1167
CALL
DELISTED
Arch Resources, Inc.
ARCH
| $41.3M | 0.01% |
249,100
-144,000
| -37% | -$22.6M |
|
1168
CALL
Invesco KBW Bank ETF
KBWB
$6.84B
| $41.3M | 0.01% |
840,100
+759,500
| +942% | +$32.1M |
|
1169
Devon Energy
DVN
$48.8B
| $41.3M | 0.01% |
910,960
-696,624
| -43% | -$31.9M |
|
1170
Applovin
APP
$105B
| $41.2M | 0.01% |
1,034,332
+630,314
| +156% | +$24.7M |
|
1171
PUT
Cboe Global Markets
CBOE
$30.6B
| $41.2M | 0.01% |
230,600
+46,800
| +25% | +$8.02M |
|
1172
PUT
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $41.2M | 0.01% |
337,500
+254,505
| +307% | +$19.5M |
|
1173
CALL
Royal Bank of Canada
RY
$299B
| $41.1M | 0.01% |
406,900
-38,100
| -9% | -$3.36M |
|
1174
Simon Property Group
SPG
$71.7B
| $41M | 0.01% |
287,608
+152,470
| +113% | +$18.4M |
|
1175
Neogen
NEOG
$2.59B
| $40.9M | 0.01% |
2,034,997
-1,241,724
| -38% | -$21M |
|
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.