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 | |
|---|---|---|---|---|---|---|
1851
CALL
MPLX
MPLX
$59.9B
| $19.1M | ﹤0.01% |
520,600
-26,200
| -5% | -$942K |
|
1852
Vulcan Materials
VMC
$36.1B
| $19.1M | ﹤0.01% |
84,148
-115,348
| -58% | -$24.4M |
|
1853
CALL
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $19.1M | ﹤0.01% |
368,000
+223,500
| +155% | +$10.8M |
|
1854
Exelon
EXC
$47.2B
| $19.1M | ﹤0.01% |
531,513
-594,331
| -53% | -$22.9M |
|
|
P
1855
PUT
Everpure Inc
P
$38.9B
| $19M | ﹤0.01% |
534,200
-618,200
| -54% | -$21.7M |
|
1856
PUT
Vanguard Real Estate ETF
VNQ
$39.3B
| $19M | ﹤0.01% |
215,500
-74,700
| -26% | -$5.92M |
|
1857
Transocean
RIG
$6.51B
| $19M | ﹤0.01% |
2,991,297
+2,638,249
| +747% | +$17.7M |
|
1858
PUT
Madison Square Garden
MSGS
$9.74B
| $19M | ﹤0.01% |
104,300
+35,200
| +51% | +$6.1M |
|
1859
CALL
GXO Logistics
GXO
$5.59B
| $19M | ﹤0.01% |
310,000
+193,200
| +165% | +$10.8M |
|
1860
CALL
Ambarella
AMBA
$3.56B
| $19M | ﹤0.01% |
309,300
-34,400
| -10% | -$1.88M |
|
1861
Jack Henry & Associates
JKHY
$10.9B
| $18.9M | ﹤0.01% |
115,886
+90,106
| +350% | +$13.8M |
|
1862
CALL
Lennox International
LII
$14.5B
| $18.9M | ﹤0.01% |
42,200
+23,800
| +129% | +$9.49M |
|
1863
PUT
Coupang
CPNG
$29B
| $18.8M | ﹤0.01% |
1,163,800
-486,600
| -29% | -$8.03M |
|
1864
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $18.8M | ﹤0.01% |
392,800
+175,900
| +81% | +$7.87M |
|
1865
PUT
Globant
GLOB
$1.61B
| $18.8M | ﹤0.01% |
79,000
+36,500
| +86% | +$7.45M |
|
1866
Spotify
SPOT
$106B
| $18.8M | ﹤0.01% |
99,993
+87,369
| +692% | +$15.3M |
|
1867
CALL
Global X MSCI Argentina ETF
ARGT
$811M
| $18.8M | ﹤0.01% |
+365,600
| New | +$16.4M |
|
1868
CALL
Waters Corp
WAT
$40.5B
| $18.8M | ﹤0.01% |
57,000
-4,300
| -7% | -$1.19M |
|
|
LSXMK
1869
CALL
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $18.8M | ﹤0.01% |
652,000
+474,800
| +268% | +$12.5M |
|
1870
PUT
Conagra Brands
CAG
$7.45B
| $18.8M | ﹤0.01% |
654,600
-86,700
| -12% | -$2.43M |
|
1871
CALL
SBA Communications
SBAC
$19.8B
| $18.7M | ﹤0.01% |
73,900
+57,600
| +353% | +$12.9M |
|
1872
Herc Holdings
HRI
$5.76B
| $18.7M | ﹤0.01% |
125,872
+3,722
| +3% | +$456K |
|
1873
CoStar Group
CSGP
$13.1B
| $18.7M | ﹤0.01% |
214,392
+62,894
| +42% | +$5.09M |
|
1874
CALL
Copart
CPRT
$29B
| $18.7M | ﹤0.01% |
382,100
-355,600
| -48% | -$16.8M |
|
1875
PUT
Immunovant
IMVT
$8.48B
| $18.6M | ﹤0.01% |
442,600
+46,500
| +12% | +$1.71M |
|
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.