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 | |
|---|---|---|---|---|---|---|
1651
PUT
Consolidated Edison
ED
$39.9B
| $23M | ﹤0.01% |
253,200
+38,200
| +18% | +$3.41M |
|
1652
iShares Russell Top 200 Growth ETF
IWY
$16.7B
| $23M | ﹤0.01% |
131,421
+80,403
| +158% | +$13.2M |
|
1653
Rockwell Automation
ROK
$50.1B
| $23M | ﹤0.01% |
74,052
-4,109
| -5% | -$1.15M |
|
1654
CALL
Lantheus
LNTH
$6.57B
| $23M | ﹤0.01% |
370,800
+10,600
| +3% | +$718K |
|
1655
Expedia Group
EXPE
$39.1B
| $23M | ﹤0.01% |
151,449
-227,835
| -60% | -$27.9M |
|
|
APLS
1656
DELISTED
Apellis Pharmaceuticals
APLS
| $22.9M | ﹤0.01% |
382,832
+10,047
| +3% | +$510K |
|
1657
PUT
Beyond Meat
BYND
$214M
| $22.9M | ﹤0.01% |
85,770
-3,003
| -3% | -$708K |
|
1658
CALL
Hewlett Packard
HPE
$79.2B
| $22.9M | ﹤0.01% |
1,348,000
-222,000
| -14% | -$3.62M |
|
1659
PUT
iShares Select Dividend ETF
DVY
$24B
| $22.8M | ﹤0.01% |
194,900
+30,700
| +19% | +$3.38M |
|
1660
Okta
OKTA
$26.9B
| $22.8M | ﹤0.01% |
252,292
+5,992
| +2% | +$457K |
|
1661
CALL
Invesco NASDAQ 100 ETF
QQQM
$104B
| $22.8M | ﹤0.01% |
135,500
-12,400
| -8% | -$1.94M |
|
1662
CALL
Carrier Global
CARR
$52.2B
| $22.8M | ﹤0.01% |
397,100
-107,000
| -21% | -$5.66M |
|
1663
CALL
Penske Automotive Group
PAG
$14.3B
| $22.7M | ﹤0.01% |
141,200
-178,000
| -56% | -$27.3M |
|
1664
CALL
Alexandria Real Estate Equities
ARE
$8.27B
| $22.7M | ﹤0.01% |
178,700
+21,600
| +14% | +$2.32M |
|
1665
PUT
Waters Corp
WAT
$40.6B
| $22.7M | ﹤0.01% |
68,800
-8,700
| -11% | -$2.4M |
|
1666
PUT
Madrigal Pharmaceuticals
MDGL
$12.4B
| $22.6M | ﹤0.01% |
97,800
-6,500
| -6% | -$1.14M |
|
1667
CALL
iShares Global Clean Energy ETF
ICLN
$2.11B
| $22.6M | ﹤0.01% |
1,453,200
-167,200
| -10% | -$2.35M |
|
1668
American Electric Power
AEP
$67.9B
| $22.6M | ﹤0.01% |
278,471
-329,665
| -54% | -$25.6M |
|
1669
CleanSpark
CLSK
$2.96B
| $22.6M | ﹤0.01% |
2,046,563
+670,266
| +49% | +$4.17M |
|
1670
NIO
NIO
$11.3B
| $22.6M | ﹤0.01% |
2,487,285
-1,821,011
| -42% | -$14.5M |
|
1671
PUT
Direxion Daily Financial Bull 3x ETF
FAS
$2.5B
| $22.5M | ﹤0.01% |
272,700
-258,900
| -49% | -$17M |
|
1672
Constellation Energy
CEG
$98.7B
| $22.5M | ﹤0.01% |
192,817
-519,637
| -73% | -$60.7M |
|
1673
CALL
Global X Uranium ETF
URA
$6.31B
| $22.5M | ﹤0.01% |
813,800
-625,200
| -43% | -$17.2M |
|
1674
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$422M
| $22.5M | ﹤0.01% |
862,300
+436,700
| +103% | +$13.2M |
|
1675
PUT
Zoetis
ZTS
$31.3B
| $22.5M | ﹤0.01% |
114,000
-124,600
| -52% | -$22.1M |
|
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.