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 | |
|---|---|---|---|---|---|---|
|
DFS
1701
PUT
DELISTED
Discover Financial Services
DFS
| $22M | ﹤0.01% |
195,300
-321,700
| -62% | -$29.7M |
|
1702
Zions Bancorporation
ZION
$10.5B
| $21.9M | ﹤0.01% |
498,937
+343,931
| +222% | +$12.4M |
|
1703
Noble Corp
NE
$7.07B
| $21.9M | ﹤0.01% |
454,374
+142,128
| +46% | +$6.64M |
|
1704
PUT
iShares MSCI Mexico ETF
EWW
$1.87B
| $21.9M | ﹤0.01% |
322,300
-222,400
| -41% | -$13.4M |
|
1705
PUT
Tenet Healthcare
THC
$21.5B
| $21.9M | ﹤0.01% |
289,300
+91,400
| +46% | +$5.79M |
|
1706
PUT
AGNC Investment
AGNC
$13B
| $21.9M | ﹤0.01% |
2,228,300
-180,200
| -7% | -$1.58M |
|
1707
Quanta Services
PWR
$101B
| $21.9M | ﹤0.01% |
101,288
-19,893
| -16% | -$3.68M |
|
1708
CALL
Banco Santander
SAN
$211B
| $21.8M | ﹤0.01% |
5,271,800
+37,100
| +0.7% | +$145K |
|
|
IMGN
1709
DELISTED
Immunogen Inc
IMGN
| $21.8M | ﹤0.01% |
736,034
-238,853
| -25% | -$4.76M |
|
1710
CALL
Aramark
ARMK
$16.1B
| $21.8M | ﹤0.01% |
775,700
+107,714
| +16% | +$2.92M |
|
1711
Generac Holdings
GNRC
$12.8B
| $21.8M | ﹤0.01% |
168,643
-60,350
| -26% | -$6.62M |
|
1712
CALL
Sanofi
SNY
$105B
| $21.8M | ﹤0.01% |
438,200
+220,800
| +102% | +$10.8M |
|
1713
Ingersoll Rand
IR
$32.9B
| $21.8M | ﹤0.01% |
281,676
-169,062
| -38% | -$11.6M |
|
|
EA
1714
DELISTED
Electronic Arts
EA
| $21.8M | ﹤0.01% |
159,028
-220,703
| -58% | -$29.2M |
|
1715
PUT
Albertsons Companies
ACI
$6.02B
| $21.8M | ﹤0.01% |
945,900
+184,800
| +24% | +$4.08M |
|
1716
CALL
Exelon
EXC
$47B
| $21.7M | ﹤0.01% |
604,600
-27,400
| -4% | -$1.06M |
|
1717
HCA Healthcare
HCA
$89.1B
| $21.7M | ﹤0.01% |
80,187
-43,885
| -35% | -$10.8M |
|
1718
CALL
Neurocrine Biosciences
NBIX
$15.3B
| $21.7M | ﹤0.01% |
164,700
-21,100
| -11% | -$2.43M |
|
1719
CALL
Ionis Pharmaceuticals
IONS
$9.28B
| $21.7M | ﹤0.01% |
428,700
+173,500
| +68% | +$8.31M |
|
1720
CALL
Global Ship Lease
GSL
$1.49B
| $21.6M | ﹤0.01% |
1,091,400
-98,100
| -8% | -$1.79M |
|
1721
PUT
SAP
SAP
$242B
| $21.6M | ﹤0.01% |
139,800
+6,400
| +5% | +$926K |
|
1722
Pinduoduo
PDD
$120B
| $21.6M | ﹤0.01% |
147,641
+96,694
| +190% | +$11.7M |
|
1723
PUT
Bank OZK
OZK
$5.69B
| $21.6M | ﹤0.01% |
433,500
-264,500
| -38% | -$10.9M |
|
|
SKX
1724
PUT
DELISTED
Skechers
SKX
| $21.6M | ﹤0.01% |
346,500
-98,900
| -22% | -$5.33M |
|
1725
Kinder Morgan
KMI
$71.4B
| $21.6M | ﹤0.01% |
1,224,241
-513,884
| -30% | -$8.76M |
|
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.