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 | |
|---|---|---|---|---|---|---|
|
FITB
1826
Fifth Third Bancorp
FITB
$52.9B
| $19.7M | ﹤0.01% |
570,464
-403,775
| -41% | -$11.2M |
|
1827
PUT
Aflac
AFL
$60.6B
| $19.7M | ﹤0.01% |
238,400
+38,800
| +19% | +$3.13M |
|
1828
CALL
ProShares UltraPro Russell2000
URTY
$366M
| $19.7M | ﹤0.01% |
424,000
+234,400
| +124% | +$8.04M |
|
1829
CALL
Freshpet
FRPT
$3.51B
| $19.6M | ﹤0.01% |
226,300
-108,700
| -32% | -$7.45M |
|
1830
Hartford Financial Services
HIG
$37.7B
| $19.6M | ﹤0.01% |
244,245
+87,395
| +56% | +$6.58M |
|
|
GTM
1831
CALL
ZoomInfo Technologies
GTM
$1.21B
| $19.6M | ﹤0.01% |
1,061,500
+223,100
| +27% | +$3.5M |
|
1832
Antero Resources
AR
$11.6B
| $19.6M | ﹤0.01% |
863,383
-167,012
| -16% | -$4.23M |
|
|
PR
1833
PUT
Permian Resources
PR
$18.1B
| $19.6M | ﹤0.01% |
1,439,800
+414,700
| +40% | +$5.68M |
|
1834
Lennar Class A
LEN
$20.9B
| $19.6M | ﹤0.01% |
135,568
-14,378
| -10% | -$1.73M |
|
|
NVO
1835
Novo Nordisk
NVO
$202B
| $19.6M | ﹤0.01% |
189,015
+92,442
| +96% | +$9.14M |
|
1836
CDW
CDW
$17.6B
| $19.5M | ﹤0.01% |
85,973
-70,382
| -45% | -$14.9M |
|
1837
DuPont de Nemours
DD
$19.7B
| $19.5M | ﹤0.01% |
201,819
+13,808
| +7% | +$1.26M |
|
1838
PUT
PBF Energy
PBF
$8.75B
| $19.5M | ﹤0.01% |
443,300
-444,700
| -50% | -$20.2M |
|
1839
CALL
Constellation Energy
CEG
$101B
| $19.5M | ﹤0.01% |
166,700
-99,900
| -37% | -$11.7M |
|
1840
CALL
ARK Web x.0 ETF
ARKW
$1.8B
| $19.5M | ﹤0.01% |
256,500
+59,500
| +30% | +$3.71M |
|
1841
Delta Air Lines
DAL
$59.7B
| $19.4M | ﹤0.01% |
483,229
-2,210,428
| -82% | -$80.2M |
|
1842
Veralto
VLTO
$23.7B
| $19.4M | ﹤0.01% |
235,650
+232,050
| +6,446% | +$17.3M |
|
1843
PUT
Krystal Biotech
KRYS
$9.68B
| $19.3M | ﹤0.01% |
155,700
+66,500
| +75% | +$7.37M |
|
1844
PUT
Fidelity National Information Services
FIS
$22.2B
| $19.3M | ﹤0.01% |
321,500
+26,800
| +9% | +$1.47M |
|
1845
Sempra
SRE
$56.9B
| $19.3M | ﹤0.01% |
257,954
-872,327
| -77% | -$62.4M |
|
1846
CALL
BioMarin Pharmaceuticals
BMRN
$13B
| $19.3M | ﹤0.01% |
199,900
+69,500
| +53% | +$6.15M |
|
1847
PUT
Nutanix
NTNX
$18.1B
| $19.3M | ﹤0.01% |
403,800
-350,300
| -46% | -$14.2M |
|
1848
CALL
Huntington Ingalls Industries
HII
$12.9B
| $19.2M | ﹤0.01% |
74,100
+17,400
| +31% | +$4.06M |
|
1849
CALL
Moody's
MCO
$83.3B
| $19.2M | ﹤0.01% |
49,100
-74,900
| -60% | -$26M |
|
1850
CALL
Jacobs Solutions
J
$16.9B
| $19.1M | ﹤0.01% |
178,323
+43,160
| +32% | +$4.7M |
|
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.