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 | |
|---|---|---|---|---|---|---|
1426
Constellation Brands
STZ
$22.9B
| $29.4M | 0.01% |
121,666
-92,412
| -43% | -$22M |
|
1427
PUT
Cognizant
CTSH
$26.2B
| $29.4M | 0.01% |
389,400
-64,900
| -14% | -$4.48M |
|
1428
CALL
Republic Services
RSG
$65.6B
| $29.4M | 0.01% |
178,300
+106,200
| +147% | +$16.5M |
|
1429
CALL
Quest Diagnostics
DGX
$26.2B
| $29.4M | 0.01% |
213,200
-28,700
| -12% | -$3.77M |
|
1430
PUT
Aon
AON
$74.7B
| $29.3M | 0.01% |
100,600
+34,000
| +51% | +$10.9M |
|
1431
PUT
Cummins
CMI
$87.8B
| $29.3M | 0.01% |
122,100
-51,600
| -30% | -$11.7M |
|
1432
PUT
iShares Russell 1000 ETF
IWB
$50.5B
| $29.2M | 0.01% |
111,500
+104,700
| +1,540% | +$25.6M |
|
1433
CALL
ZIM Integrated Shipping Services
ZIM
$3.23B
| $29.2M | 0.01% |
2,958,500
+1,283,900
| +77% | +$10.8M |
|
1434
PUT
PENN Entertainment
PENN
$2.57B
| $29.2M | 0.01% |
1,121,000
-97,600
| -8% | -$2.26M |
|
1435
PUT
Schwab US Dividend Equity ETF
SCHD
$108B
| $29.2M | 0.01% |
1,149,300
-195,000
| -15% | -$4.65M |
|
1436
PUT
Baxter International
BAX
$13.9B
| $29.1M | 0.01% |
753,500
+284,000
| +60% | +$10M |
|
1437
CALL
Deutsche Bank
DB
$72.4B
| $29.1M | 0.01% |
2,148,000
+829,600
| +63% | +$9.76M |
|
1438
APA Corp
APA
$14B
| $29.1M | 0.01% |
810,830
+498,640
| +160% | +$18.8M |
|
1439
PUT
Global Payments
GPN
$25.1B
| $29M | 0.01% |
228,700
+7,900
| +4% | +$915K |
|
|
IRBT
1440
PUT
DELISTED
iRobot
IRBT
| $29M | 0.01% |
750,400
+543,900
| +263% | +$19.4M |
|
1441
Microchip Technology
MCHP
$42.2B
| $29M | 0.01% |
321,398
-124,377
| -28% | -$10.1M |
|
|
1442
CALL
Baxter International
BAX
$13.9B
| $28.9M | 0.01% |
748,800
+301,600
| +67% | +$10.7M |
|
1443
PUT
State Street
STT
$52.2B
| $28.9M | 0.01% |
373,500
-169,000
| -31% | -$11.8M |
|
1444
Roper Technologies
ROP
$39.1B
| $28.9M | 0.01% |
53,061
-161,549
| -75% | -$83.2M |
|
1445
CALL
American Eagle Outfitters
AEO
$2.72B
| $28.7M | 0.01% |
1,357,900
+114,100
| +9% | +$2.13M |
|
1446
CME Group
CME
$94.3B
| $28.6M | 0.01% |
135,908
-197,537
| -59% | -$42.1M |
|
1447
PUT
eBay
EBAY
$45.5B
| $28.5M | 0.01% |
652,400
-642,500
| -50% | -$26.6M |
|
1448
PUT
Robinhood
HOOD
$89.3B
| $28.3M | 0.01% |
2,223,500
+947,500
| +74% | +$9.41M |
|
1449
CALL
Invesco CurrencyShares Japanese Yen Trust
FXY
$426M
| $28.3M | 0.01% |
429,900
+421,100
| +4,785% | +$26.5M |
|
1450
PUT
Campbell Soup
CPB
$6.74B
| $28.3M | 0.01% |
654,400
+217,000
| +50% | +$8.92M |
|
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.