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 | |
|---|---|---|---|---|---|---|
1351
CALL
Albertsons Companies
ACI
$6.02B
| $32.3M | 0.01% |
1,406,300
+421,200
| +43% | +$9.3M |
|
1352
Snap
SNAP
$8.96B
| $32.3M | 0.01% |
1,908,914
-4,376,859
| -70% | -$53.7M |
|
1353
PUT
Insulet
PODD
$10.2B
| $32.3M | 0.01% |
148,900
-30,000
| -17% | -$5.15M |
|
1354
PUT
UBS Group
UBS
$176B
| $32.3M | 0.01% |
1,044,400
+150,400
| +17% | +$3.96M |
|
1355
CALL
2x Long VIX Futures ETF
UVIX
$204M
| $32.2M | 0.01% |
11,719
+10,535
| +890% | +$53.5M |
|
1356
PUT
EPAM Systems
EPAM
$5.24B
| $32.2M | 0.01% |
108,200
-7,700
| -7% | -$1.95M |
|
1357
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $32.2M | 0.01% |
127,500
+104,500
| +454% | +$23.6M |
|
1358
Pultegroup
PHM
$24.9B
| $32.1M | 0.01% |
311,008
+201,207
| +183% | +$17.1M |
|
1359
Carrier Global
CARR
$52.2B
| $32M | 0.01% |
557,156
+255,260
| +85% | +$13.5M |
|
1360
CALL
Saia
SAIA
$10.1B
| $31.9M | 0.01% |
72,800
-51,400
| -41% | -$20.8M |
|
1361
State Street Technology Select Sector SPDR ETF
XLK
$125B
| $31.9M | 0.01% |
331,056
-714,278
| -68% | -$63.6M |
|
1362
CALL
Ralph Lauren
RL
$23.1B
| $31.8M | 0.01% |
220,800
-45,000
| -17% | -$5.57M |
|
1363
PUT
Axos Financial
AX
$5.72B
| $31.8M | 0.01% |
582,800
-136,300
| -19% | -$5.69M |
|
1364
PUT
PVH
PVH
$3.77B
| $31.8M | 0.01% |
260,400
+17,200
| +7% | +$1.54M |
|
1365
CALL
Stanley Black & Decker
SWK
$15.4B
| $31.7M | 0.01% |
323,200
-52,900
| -14% | -$4.66M |
|
1366
PUT
HP
HPQ
$28.6B
| $31.7M | 0.01% |
1,053,600
-104,000
| -9% | -$2.91M |
|
1367
PUT
Sanofi
SNY
$105B
| $31.6M | 0.01% |
635,000
+420,900
| +197% | +$20.6M |
|
1368
Estee Lauder
EL
$31.6B
| $31.6M | 0.01% |
215,779
+82,854
| +62% | +$11M |
|
1369
Verisk Analytics
VRSK
$24.2B
| $31.5M | 0.01% |
131,731
+73,367
| +126% | +$17.4M |
|
1370
Align Technology
ALGN
$12.5B
| $31.4M | 0.01% |
114,753
+75,753
| +194% | +$18M |
|
1371
Old Dominion Freight Line
ODFL
$44.7B
| $31.4M | 0.01% |
154,982
+22,702
| +17% | +$4.5M |
|
1372
CALL
W.P. Carey
WPC
$16.3B
| $31.4M | 0.01% |
483,900
-134,928
| -22% | -$7.77M |
|
1373
CALL
GE HealthCare
GEHC
$33.3B
| $31.3M | 0.01% |
405,000
+130,400
| +47% | +$9.13M |
|
1374
PUT
Public Storage
PSA
$61.4B
| $31.3M | 0.01% |
102,600
-36,500
| -26% | -$9.69M |
|
1375
CALL
Novartis
NVS
$288B
| $31.2M | 0.01% |
309,400
-47,900
| -13% | -$4.62M |
|
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.