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 | |
|---|---|---|---|---|---|---|
1551
CALL
Axsome Therapeutics
AXSM
$11.2B
| $25.5M | ﹤0.01% |
321,000
+16,100
| +5% | +$1.08M |
|
1552
PUT
Cenovus Energy
CVE
$56.4B
| $25.5M | ﹤0.01% |
1,534,400
+152,100
| +11% | +$2.79M |
|
1553
CALL
Centene
CNC
$33.1B
| $25.5M | ﹤0.01% |
343,600
-183,000
| -35% | -$13.2M |
|
1554
CALL
Alamos Gold
AGI
$13.8B
| $25.5M | ﹤0.01% |
1,892,700
+467,100
| +33% | +$6.11M |
|
|
MRSH
1555
Marsh
MRSH
$90.1B
| $25.5M | ﹤0.01% |
134,505
-56,381
| -30% | -$10.9M |
|
1556
PUT
-1x Short VIX Futures ETF
SVIX
$171M
| $25.5M | ﹤0.01% |
675,000
-24,100
| -3% | -$745K |
|
1557
CALL
Shake Shack
SHAK
$2.94B
| $25.4M | ﹤0.01% |
343,000
+91,900
| +37% | +$5.64M |
|
1558
CALL
Boyd Gaming
BYD
$6.03B
| $25.4M | ﹤0.01% |
405,900
+11,700
| +3% | +$693K |
|
1559
PUT
Allegro MicroSystems
ALGM
$7.92B
| $25.4M | ﹤0.01% |
838,800
+570,100
| +212% | +$16.3M |
|
1560
PUT
Watsco Inc
WSO
$12.8B
| $25.4M | ﹤0.01% |
59,200
+21,700
| +58% | +$8.41M |
|
1561
CALL
Gold Fields
GFI
$35.4B
| $25.3M | ﹤0.01% |
1,751,700
+67,700
| +4% | +$936K |
|
1562
CALL
FIVE9
FIVN
$2.53B
| $25.3M | ﹤0.01% |
321,800
+4,900
| +2% | +$341K |
|
1563
CALL
Yelp
YELP
$1.28B
| $25.3M | ﹤0.01% |
534,900
+36,100
| +7% | +$1.59M |
|
1564
PUT
Western Alliance Bancorporation
WAL
$8.92B
| $25.3M | ﹤0.01% |
384,100
-284,600
| -43% | -$14.4M |
|
1565
W.W. Grainger
GWW
$61.5B
| $25.2M | ﹤0.01% |
30,434
+12,077
| +66% | +$9.3M |
|
1566
CALL
Frontline
FRO
$9.02B
| $25.2M | ﹤0.01% |
1,256,400
+390,200
| +45% | +$8.07M |
|
1567
PUT
Motorola Solutions
MSI
$77.7B
| $25.1M | ﹤0.01% |
80,300
-14,300
| -15% | -$4.33M |
|
1568
PUT
Keysight
KEYS
$60.6B
| $25.1M | ﹤0.01% |
158,000
-30,200
| -16% | -$4.1M |
|
1569
PPG Industries
PPG
$25.5B
| $25.1M | ﹤0.01% |
168,034
+38,996
| +30% | +$5.28M |
|
1570
PUT
Travelers Companies
TRV
$77.2B
| $25.1M | ﹤0.01% |
131,900
+53,200
| +68% | +$9.21M |
|
1571
CALL
First Citizens BancShares
FCNCA
$25.6B
| $25.1M | ﹤0.01% |
17,700
-20,100
| -53% | -$28.2M |
|
1572
PUT
Lamb Weston
LW
$7.3B
| $25.1M | ﹤0.01% |
232,100
+57,700
| +33% | +$5.56M |
|
1573
PUT
BJs Wholesale Club
BJ
$11.8B
| $25.1M | ﹤0.01% |
376,200
+72,700
| +24% | +$4.92M |
|
1574
CALL
iShares TIPS Bond ETF
TIP
$14.7B
| $25M | ﹤0.01% |
232,900
-202,900
| -47% | -$21.2M |
|
1575
Shopify
SHOP
$204B
| $25M | ﹤0.01% |
321,295
+265,641
| +477% | +$17M |
|
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.