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 | |
|---|---|---|---|---|---|---|
1476
CALL
Samsara
IOT
$24B
| $27.4M | 0.01% |
820,700
-665,400
| -45% | -$18.5M |
|
1477
CALL
Ecolab
ECL
$78.1B
| $27.4M | 0.01% |
137,900
-99,700
| -42% | -$17.9M |
|
1478
PUT
Teradyne
TER
$64.2B
| $27.3M | 0.01% |
252,000
-48,200
| -16% | -$4.57M |
|
1479
PUT
TotalEnergies
TTE
$194B
| $27.3M | 0.01% |
405,700
+122,200
| +43% | +$8.15M |
|
1480
PUT
Bausch Health
BHC
$2.32B
| $27.3M | 0.01% |
3,405,000
-3,200
| -0.1% | -$23.3K |
|
1481
CALL
Arthur J. Gallagher & Co
AJG
$65.5B
| $27.3M | 0.01% |
121,400
+43,600
| +56% | +$10.3M |
|
1482
PUT
LyondellBasell Industries
LYB
$20.3B
| $27.3M | 0.01% |
287,100
-34,700
| -11% | -$3.24M |
|
1483
PUT
Zimmer Biomet
ZBH
$18.7B
| $27.3M | 0.01% |
224,300
+41,400
| +23% | +$4.62M |
|
1484
CALL
International Paper
IP
$21.8B
| $27.2M | 0.01% |
751,100
+184,200
| +32% | +$6.44M |
|
1485
CALL
Nutanix
NTNX
$17.5B
| $27.1M | 0.01% |
569,100
-345,500
| -38% | -$14M |
|
1486
PUT
Gartner
IT
$11.6B
| $27.1M | 0.01% |
60,100
+23,600
| +65% | +$9.43M |
|
1487
CALL
Annaly Capital Management
NLY
$17.4B
| $27.1M | 0.01% |
1,398,000
-71,100
| -5% | -$1.27M |
|
1488
PUT
Franco-Nevada
FNV
$45.5B
| $27.1M | 0.01% |
244,200
+151,700
| +164% | +$18.5M |
|
1489
PUT
DaVita
DVA
$11.6B
| $27.1M | 0.01% |
258,300
+83,300
| +48% | +$7.7M |
|
|
1490
CALL
Zimmer Biomet
ZBH
$18.7B
| $27M | 0.01% |
221,800
-3,100
| -1% | -$346K |
|
1491
PUT
InterDigital
IDCC
$9.07B
| $26.9M | 0.01% |
247,800
+238,200
| +2,481% | +$22M |
|
1492
CALL
Clean Harbors
CLH
$16.7B
| $26.8M | 0.01% |
153,400
+1,900
| +1% | +$312K |
|
1493
PUT
Patterson-UTI
PTEN
$4.2B
| $26.8M | 0.01% |
2,478,600
+2,308,500
| +1,357% | +$28.1M |
|
1494
CALL
Zebra Technologies
ZBRA
$17.9B
| $26.8M | 0.01% |
97,900
-13,800
| -12% | -$3.15M |
|
1495
Dow Inc
DOW
$21.9B
| $26.7M | 0.01% |
487,436
-567,327
| -54% | -$29M |
|
1496
Fortinet
FTNT
$121B
| $26.7M | 0.01% |
456,389
-152,186
| -25% | -$8.41M |
|
1497
CALL
Ares Capital
ARCC
$14.3B
| $26.7M | 0.01% |
1,333,500
+602,000
| +82% | +$11.7M |
|
1498
Western Alliance Bancorporation
WAL
$8.92B
| $26.7M | 0.01% |
405,866
+252,355
| +164% | +$12.7M |
|
|
LTHM
1499
DELISTED
Livent Corporation
LTHM
| $26.7M | 0.01% |
1,484,041
-789,504
| -35% | -$12.3M |
|
1500
CALL
Carlyle Group
CG
$17.2B
| $26.7M | 0.01% |
655,200
-11,900
| -2% | -$392K |
|
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.