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 | |
|---|---|---|---|---|---|---|
11826
PUT
Smartbird Inc
BIRD
$30.1M
| $29.6K | ﹤0.01% |
1,205
-125
| -9% | -$2.47K |
|
11827
CALL
InflaRx
IFRX
$300M
| $29.5K | ﹤0.01% |
18,100
-43,700
| -71% | -$74.9K |
|
|
CARM
11828
DELISTED
Carisma Therapeutics
CARM
| $29.5K | ﹤0.01% |
+10,062
| New | +$29.9K |
|
11829
Avalon Holdings
AWX
$10.8M
| $29.4K | ﹤0.01% |
12,293
-12,988
| -51% | -$26.6K |
|
11830
Atlantic American Corp
AAME
$29.6M
| $29.3K | ﹤0.01% |
12,299
-10,669
| -46% | -$20.1K |
|
|
USAS
11831
Americas Gold and Silver
USAS
$1.77B
| $29.3K | ﹤0.01% |
+46,093
| New | +$31.7K |
|
11832
CALL
Satellogic
SATL
$892M
| $29.1K | ﹤0.01% |
+16,600
| New | +$20.4K |
|
11833
Biodesix
BDSX
$253M
| $29K | ﹤0.01% |
+787
| New | +$24.7K |
|
11834
PUT
System1
SST
$24.6M
| $28.4K | ﹤0.01% |
+1,280
| New | +$18.9K |
|
11835
One Stop Systems
OSS
$339M
| $28.3K | ﹤0.01% |
13,482
-3,530
| -21% | -$7.1K |
|
|
11836
System1
SST
$24.6M
| $28.3K | ﹤0.01% |
1,274
-934
| -42% | -$13.8K |
|
|
LDTC
11837
DELISTED
LeddarTech
LDTC
| $28K | ﹤0.01% |
+10,916
| New | +$53.1K |
|
|
ORGN
11838
PUT
DELISTED
Origin Materials
ORGN
| $27.8K | ﹤0.01% |
1,103
+290
| +36% | +$8.31K |
|
|
11839
InflaRx
IFRX
$300M
| $27.7K | ﹤0.01% |
16,966
-20,125
| -54% | -$34.5K |
|
11840
ProQR Therapeutics
PRQR
$271M
| $27.7K | ﹤0.01% |
13,967
-26,643
| -66% | -$40.9K |
|
|
ADIL
11841
Adial Pharmaceuticals
ADIL
$8.71M
| $27.5K | ﹤0.01% |
+592
| New | +$32.4K |
|
11842
Deswell Industries
DSWL
$49.9M
| $27.3K | ﹤0.01% |
10,347
-15,386
| -60% | -$37.9K |
|
11843
Rallybio
RLYB
$90.2M
| $27.3K | ﹤0.01% |
+1,427
| New | +$34.9K |
|
11844
Vertical Aerospace
EVTL
$106M
| $27.3K | ﹤0.01% |
3,962
-2,836
| -42% | -$25.1K |
|
|
CEI
11845
PUT
DELISTED
Camber Energy, Inc
CEI
| $27.1K | ﹤0.01% |
118,000
-2,400
| -2% | -$717 |
|
|
DMK
11846
CALL
DELISTED
DMK Pharmaceuticals Corporation Common Stock
DMK
| $27K | ﹤0.01% |
38,600
| – | – |
|
|
KRON
11847
CALL
DELISTED
Kronos Bio
KRON
| $27K | ﹤0.01% |
21,600
+1,400
| +7% | +$1.55K |
|
|
TSP
11848
PUT
DELISTED
TuSimple Holdings Inc. Class A Common Stock
TSP
| $26.9K | ﹤0.01% |
30,600
-32,300
| -51% | -$33K |
|
|
ECDA
11849
DELISTED
ECD Automotive Design
ECDA
| $26.9K | ﹤0.01% |
+109
| New | +$166K |
|
|
OLOX
11850
Olenox Industries
OLOX
$3.7M
| $26.8K | ﹤0.01% |
4
-6
| -60% | -$38.4K |
|
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.