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 | |
|---|---|---|---|---|---|---|
1276
PUT
On Holding
ONON
$10.6B
| $35.9M | 0.01% |
1,329,700
-872,900
| -40% | -$23.8M |
|
1277
CALL
Cognizant
CTSH
$26.7B
| $35.8M | 0.01% |
474,100
-431,900
| -48% | -$29.8M |
|
1278
Sprott Uranium Miners ETF
URNM
$2B
| $35.8M | 0.01% |
740,723
+592,988
| +401% | +$27.7M |
|
1279
Trane Technologies
TT
$105B
| $35.7M | 0.01% |
146,337
+59,045
| +68% | +$12.9M |
|
1280
CALL
Aon
AON
$75.7B
| $35.6M | 0.01% |
122,400
+18,600
| +18% | +$5.95M |
|
1281
CALL
Floor & Decor
FND
$6.27B
| $35.6M | 0.01% |
319,200
+128,100
| +67% | +$11.8M |
|
|
FISV
1282
Fiserv Inc
FISV
$29.5B
| $35.6M | 0.01% |
267,733
-214,559
| -44% | -$26.3M |
|
1283
TJX Companies
TJX
$170B
| $35.6M | 0.01% |
378,969
-86,753
| -19% | -$7.78M |
|
1284
Capital One
COF
$137B
| $35.5M | 0.01% |
270,472
+62,003
| +30% | +$6.69M |
|
1285
CALL
NetEase
NTES
$78.5B
| $35.3M | 0.01% |
379,200
+196,200
| +107% | +$20.8M |
|
1286
Hubbell
HUBB
$26.8B
| $35.3M | 0.01% |
107,388
+95,494
| +803% | +$28.7M |
|
1287
PUT
M&T Bank
MTB
$36.6B
| $35.2M | 0.01% |
256,600
+56,900
| +28% | +$7.15M |
|
1288
Trade Desk
TTD
$6.84B
| $35.2M | 0.01% |
488,630
-354,223
| -42% | -$26M |
|
1289
CALL
Lithia Motors
LAD
$8.32B
| $35.1M | 0.01% |
106,700
-6,200
| -5% | -$1.7M |
|
1290
CALL
Cenovus Energy
CVE
$56.4B
| $35.1M | 0.01% |
2,109,000
+518,500
| +33% | +$9.49M |
|
1291
CALL
PG&E
PCG
$38.5B
| $35M | 0.01% |
1,942,600
-974,300
| -33% | -$16.5M |
|
1292
PUT
XP
XP
$8.18B
| $35M | 0.01% |
1,342,800
-214,900
| -14% | -$4.9M |
|
1293
Copart
CPRT
$27.2B
| $34.8M | 0.01% |
711,127
+392,480
| +123% | +$18.5M |
|
1294
PUT
Sigma Lithium
SGML
$1.27B
| $34.8M | 0.01% |
1,104,000
+390,900
| +55% | +$10.9M |
|
1295
PUT
Boston Beer
SAM
$1.9B
| $34.8M | 0.01% |
100,700
-90,200
| -47% | -$31.6M |
|
1296
CALL
Vanguard FTSE Emerging Markets ETF
VWO
$126B
| $34.7M | 0.01% |
844,700
+120,000
| +17% | +$4.76M |
|
1297
PUT
GameStop
GME
$8.33B
| $34.6M | 0.01% |
1,975,400
-1,289,100
| -39% | -$18.9M |
|
1298
CALL
CAVA Group
CAVA
$8.43B
| $34.5M | 0.01% |
801,800
+344,300
| +75% | +$12M |
|
1299
CALL
Vanguard Morningstar Small-Cap ETF
VB
$83.4B
| $34.4M | 0.01% |
161,400
+72,800
| +82% | +$14M |
|
1300
CALL
Axcelis
ACLS
$4.42B
| $34.4M | 0.01% |
265,300
+39,500
| +17% | +$5.44M |
|
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.