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 | |
|---|---|---|---|---|---|---|
151
PUT
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $548M | 0.1% |
4,003,400
-248,500
| -6% | -$35M |
|
152
CALL
Nike
NKE
$60.1B
| $547M | 0.1% |
5,040,900
+1,032,100
| +26% | +$111M |
|
153
Alphabet (Google) Class A
GOOGL
$4.2T
| $544M | 0.1% |
3,897,325
+779,400
| +25% | +$105M |
|
154
PUT
VanEck Oil Services ETF
OIH
$1.96B
| $540M | 0.1% |
1,744,800
+1,242,800
| +248% | +$399M |
|
155
CALL
T-Mobile US
TMUS
$190B
| $528M | 0.1% |
3,295,400
+542,600
| +20% | +$80.3M |
|
156
PUT
Mercado Libre
MELI
$92.7B
| $525M | 0.1% |
334,000
-19,000
| -5% | -$26.9M |
|
157
CALL
Ulta Beauty
ULTA
$22.9B
| $524M | 0.1% |
1,069,000
+454,100
| +74% | +$192M |
|
158
PUT
Royal Caribbean
RCL
$82.4B
| $518M | 0.1% |
3,997,700
-597,900
| -13% | -$60.9M |
|
|
159
CALL
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $517M | 0.1% |
13,747,200
-1,396,700
| -9% | -$48.4M |
|
160
PUT
iShares MSCI Brazil ETF
EWZ
$8.57B
| $516M | 0.1% |
14,760,900
-1,130,100
| -7% | -$36.6M |
|
161
PUT
Shopify
SHOP
$194B
| $515M | 0.1% |
6,607,900
+427,700
| +7% | +$27.3M |
|
|
162
Pfizer
PFE
$150B
| $514M | 0.1% |
17,847,308
+10,947,182
| +159% | +$331M |
|
163
CALL
IBM
IBM
$222B
| $512M | 0.1% |
3,127,800
-467,800
| -13% | -$70.7M |
|
164
CALL
State Street SPDR S&P Regional Banking ETF
KRE
$4.64B
| $507M | 0.1% |
9,666,000
+1,850,500
| +24% | +$82.7M |
|
165
PUT
Humana
HUM
$46.7B
| $506M | 0.1% |
1,105,700
+288,500
| +35% | +$142M |
|
166
PUT
Regeneron Pharmaceuticals
REGN
$82.2B
| $505M | 0.1% |
575,000
-5,300
| -0.9% | -$4.36M |
|
167
PUT
Mastercard
MA
$490B
| $504M | 0.1% |
1,180,800
-29,300
| -2% | -$11.8M |
|
168
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.5B
| $501M | 0.1% |
5,606,200
+2,005,000
| +56% | +$149M |
|
169
PUT
Oracle
ORCL
$442B
| $498M | 0.09% |
4,721,500
+319,900
| +7% | +$34.9M |
|
170
CALL
General Motors
GM
$76.1B
| $497M | 0.09% |
13,838,300
+1,938,900
| +16% | +$60M |
|
171
CALL
ASML
ASML
$695B
| $493M | 0.09% |
650,800
-299,400
| -32% | -$198M |
|
172
CALL
ServiceNow
NOW
$129B
| $489M | 0.09% |
3,464,000
+533,000
| +18% | +$67.2M |
|
173
PUT
FedEx
FDX
$77.3B
| $483M | 0.09% |
1,910,500
+533,100
| +39% | +$135M |
|
174
PUT
Micron Technology
MU
$1.03T
| $481M | 0.09% |
5,640,200
-1,648,400
| -23% | -$122M |
|
175
CALL
Thermo Fisher Scientific
TMO
$223B
| $478M | 0.09% |
900,500
+205,300
| +30% | +$99.4M |
|
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.