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 | |
|---|---|---|---|---|---|---|
1751
PUT
Tapestry
TPR
$26.1B
| $21M | ﹤0.01% |
570,500
+108,300
| +23% | +$3.33M |
|
|
JWN
1752
CALL
DELISTED
Nordstrom
JWN
| $21M | ﹤0.01% |
1,137,900
+375,800
| +49% | +$5.77M |
|
1753
State Street
STT
$52.3B
| $21M | ﹤0.01% |
270,567
-407,730
| -60% | -$28.4M |
|
1754
PUT
Carrier Global
CARR
$52B
| $20.9M | ﹤0.01% |
364,000
+177,900
| +96% | +$9.41M |
|
1755
CALL
Tower Semiconductor
TSEM
$29.6B
| $20.9M | ﹤0.01% |
684,900
-21,600
| -3% | -$563K |
|
1756
PUT
AvalonBay Communities
AVB
$26.2B
| $20.9M | ﹤0.01% |
111,600
+13,600
| +14% | +$2.37M |
|
1757
PUT
ArcelorMittal
MT
$55.9B
| $20.9M | ﹤0.01% |
735,900
+65,200
| +10% | +$1.6M |
|
1758
PUT
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$277M
| $20.9M | ﹤0.01% |
99,004
+26,320
| +36% | +$8.48M |
|
|
SAVE
1759
DELISTED
Spirit Airlines, Inc.
SAVE
| $20.9M | ﹤0.01% |
1,272,691
+977,132
| +331% | +$14.1M |
|
1760
PUT
Cardinal Health
CAH
$54B
| $20.9M | ﹤0.01% |
206,900
+28,200
| +16% | +$2.8M |
|
1761
CALL
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $20.8M | ﹤0.01% |
358,400
+128,800
| +56% | +$6.88M |
|
|
SPLK
1762
DELISTED
Splunk Inc
SPLK
| $20.8M | ﹤0.01% |
136,757
+66,516
| +95% | +$9.94M |
|
1763
Moody's
MCO
$83.5B
| $20.8M | ﹤0.01% |
53,258
-2,895
| -5% | -$1.01M |
|
1764
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$198M
| $20.8M | ﹤0.01% |
104,190
-26,520
| -20% | -$7.93M |
|
1765
PUT
Hyatt Hotels
H
$17.2B
| $20.8M | ﹤0.01% |
159,300
+68,800
| +76% | +$7.8M |
|
1766
Opendoor
OPEN
$3.53B
| $20.7M | ﹤0.01% |
4,781,818
-24,547
| -0.5% | -$68.5K |
|
1767
SoFi Technologies
SOFI
$23.7B
| $20.7M | ﹤0.01% |
2,083,398
-2,642,316
| -56% | -$21M |
|
1768
Vanguard Tax-Exempt Bond Index Fund
VTEB
$46.1B
| $20.7M | ﹤0.01% |
+406,021
| New | +$19.9M |
|
|
1769
CALL
Tapestry
TPR
$26.1B
| $20.7M | ﹤0.01% |
562,600
-203,300
| -27% | -$6.26M |
|
1770
Datadog
DDOG
$89.6B
| $20.7M | ﹤0.01% |
170,495
-242,952
| -59% | -$25M |
|
1771
CALL
ResMed
RMD
$32.9B
| $20.7M | ﹤0.01% |
120,300
+12,800
| +12% | +$1.97M |
|
1772
Erie Indemnity
ERIE
$13.2B
| $20.6M | ﹤0.01% |
61,583
+10,927
| +22% | +$3.28M |
|
1773
Etsy
ETSY
$7.38B
| $20.6M | ﹤0.01% |
254,078
-150,599
| -37% | -$10.8M |
|
1774
PUT
Toronto Dominion Bank
TD
$205B
| $20.6M | ﹤0.01% |
318,100
+87,900
| +38% | +$5.27M |
|
1775
CALL
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$90M
| $20.5M | ﹤0.01% |
199,600
-216,200
| -52% | -$18.6M |
|
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.