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 | |
|---|---|---|---|---|---|---|
1601
CALL
ArcelorMittal
MT
$55.2B
| $24.3M | ﹤0.01% |
855,000
-4,400
| -0.5% | -$108K |
|
1602
iShares MSCI Taiwan ETF
EWT
$11.6B
| $24.3M | ﹤0.01% |
527,218
+515,562
| +4,423% | +$23.9M |
|
1603
PUT
Everest Group
EG
$13.9B
| $24.2M | ﹤0.01% |
68,400
+43,700
| +177% | +$16.9M |
|
|
ANSS
1604
DELISTED
Ansys
ANSS
| $24.1M | ﹤0.01% |
66,366
+30,566
| +85% | +$9.05M |
|
1605
CALL
United States Natural Gas Fund
UNG
$489M
| $24.1M | ﹤0.01% |
1,186,675
-10,350
| -0.9% | -$258K |
|
1606
CALL
Consolidated Edison
ED
$39.9B
| $24.1M | ﹤0.01% |
264,500
-61,200
| -19% | -$5.47M |
|
1607
iShares US Real Estate ETF
IYR
$4.58B
| $24M | ﹤0.01% |
262,868
+93,520
| +55% | +$7.66M |
|
1608
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $24M | ﹤0.01% |
793,400
+133,000
| +20% | +$4.99M |
|
|
VTLE
1609
CALL
DELISTED
Vital Energy
VTLE
| $24M | ﹤0.01% |
526,700
+331,700
| +170% | +$15.9M |
|
1610
CALL
iShares Russell 1000 ETF
IWB
$50.5B
| $23.9M | ﹤0.01% |
91,300
+40,700
| +80% | +$9.97M |
|
|
CMA
1611
CALL
DELISTED
Comerica
CMA
| $23.9M | ﹤0.01% |
429,000
+149,000
| +53% | +$6.74M |
|
1612
PUT
Emerson Electric
EMR
$91.4B
| $23.9M | ﹤0.01% |
245,800
+58,700
| +31% | +$5.37M |
|
|
MDC
1613
PUT
DELISTED
M.D.C. Holdings, Inc.
MDC
| $23.9M | ﹤0.01% |
433,000
+79,900
| +23% | +$3.54M |
|
1614
CALL
Reliance Steel & Aluminium
RS
$21.7B
| $23.9M | ﹤0.01% |
85,500
+29,200
| +52% | +$7.75M |
|
1615
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.41B
| $23.9M | ﹤0.01% |
229,400
-269,000
| -54% | -$23.4M |
|
1616
CALL
Vanguard Real Estate ETF
VNQ
$39.1B
| $23.8M | ﹤0.01% |
269,800
-63,400
| -19% | -$5.02M |
|
1617
EPAM Systems
EPAM
$5.17B
| $23.8M | ﹤0.01% |
80,120
+49,405
| +161% | +$12.5M |
|
1618
CALL
nCino
NCNO
$2.26B
| $23.8M | ﹤0.01% |
708,300
+105,700
| +18% | +$3.15M |
|
1619
EQT Corp
EQT
$33.8B
| $23.8M | ﹤0.01% |
615,926
+128,777
| +26% | +$5.22M |
|
1620
CALL
Matador Resources
MTDR
$6.5B
| $23.8M | ﹤0.01% |
418,100
+158,800
| +61% | +$9.29M |
|
|
BNY
1621
PUT
Bank of New York Mellon
BNY
$110B
| $23.7M | ﹤0.01% |
456,200
-80,300
| -15% | -$3.7M |
|
1622
PUT
Samsara
IOT
$24B
| $23.7M | ﹤0.01% |
710,800
-204,800
| -22% | -$5.69M |
|
1623
CALL
DigitalOcean
DOCN
$15.6B
| $23.7M | ﹤0.01% |
645,800
-173,200
| -21% | -$4.79M |
|
1624
Super Micro Computer
SMCI
$25.3B
| $23.6M | ﹤0.01% |
831,310
-722,370
| -46% | -$20M |
|
1625
CALL
DigitalBridge
DBRG
$2.95B
| $23.6M | ﹤0.01% |
1,345,600
+355,100
| +36% | +$5.85M |
|
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.