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 | |
|---|---|---|---|---|---|---|
1901
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.32B
| $18.4M | ﹤0.01% |
194,000
-63,200
| -25% | -$5.77M |
|
1902
PUT
Ball Corp
BALL
$16.4B
| $18.4M | ﹤0.01% |
319,200
+116,600
| +58% | +$6.01M |
|
1903
CALL
Direxion Daily Regional Banks Bull 3X ETF
DPST
$417M
| $18.3M | ﹤0.01% |
188,700
-298,200
| -61% | -$19.2M |
|
1904
CALL
Labcorp
LH
$26B
| $18.3M | ﹤0.01% |
80,600
-31,600
| -28% | -$6.64M |
|
1905
CenterPoint Energy
CNP
$26.9B
| $18.3M | ﹤0.01% |
640,708
-75,730
| -11% | -$2.11M |
|
1906
CALL
WisdomTree Japan Hedged Equity Fund
DXJ
$7.53B
| $18.3M | ﹤0.01% |
207,900
+43,700
| +27% | +$3.86M |
|
1907
Virtu Financial
VIRT
$5.14B
| $18.3M | ﹤0.01% |
901,643
-95,511
| -10% | -$1.76M |
|
|
AYX
1908
DELISTED
Alteryx Inc
AYX
| $18.2M | ﹤0.01% |
385,962
-92,823
| -19% | -$3.6M |
|
1909
CALL
Cracker Barrel
CBRL
$1.28B
| $18.2M | ﹤0.01% |
236,100
-14,300
| -6% | -$1.03M |
|
1910
Domino's
DPZ
$11.6B
| $18.2M | ﹤0.01% |
44,073
+10,129
| +30% | +$3.8M |
|
1911
CALL
Valaris
VAL
$5.98B
| $18.1M | ﹤0.01% |
264,400
+96,000
| +57% | +$6.58M |
|
1912
GE HealthCare
GEHC
$33.3B
| $18.1M | ﹤0.01% |
234,361
-135,067
| -37% | -$9.46M |
|
1913
CALL
Nabors Industries
NBR
$1.38B
| $18.1M | ﹤0.01% |
221,600
+111,500
| +101% | +$10.8M |
|
1914
SBA Communications
SBAC
$19.8B
| $18.1M | ﹤0.01% |
71,297
-104,789
| -60% | -$23.5M |
|
1915
MetLife
MET
$62.1B
| $18.1M | ﹤0.01% |
273,381
-206,624
| -43% | -$12.9M |
|
1916
PUT
Range Resources
RRC
$9.43B
| $18.1M | ﹤0.01% |
593,300
-233,600
| -28% | -$7.67M |
|
1917
PUT
Perrigo
PRGO
$1.78B
| $18.1M | ﹤0.01% |
561,200
+507,100
| +937% | +$15.2M |
|
1918
CALL
Weyerhaeuser
WY
$17.7B
| $18M | ﹤0.01% |
518,700
+99,900
| +24% | +$3.11M |
|
1919
PUT
InMode
INMD
$874M
| $18M | ﹤0.01% |
809,800
+149,100
| +23% | +$3.35M |
|
1920
CALL
Avantor
AVTR
$9.29B
| $18M | ﹤0.01% |
787,400
+75,100
| +11% | +$1.54M |
|
1921
CALL
Hartford Financial Services
HIG
$37.9B
| $18M | ﹤0.01% |
223,600
+17,900
| +9% | +$1.35M |
|
1922
Digital Realty Trust
DLR
$74.2B
| $18M | ﹤0.01% |
133,426
-44,870
| -25% | -$5.8M |
|
|
BRSL
1923
CALL
Brightstar Lottery PLC
BRSL
$2.14B
| $17.9M | ﹤0.01% |
654,800
-500,500
| -43% | -$14M |
|
1924
PUT
ProShares UltraPro Dow 30
UDOW
$923M
| $17.8M | ﹤0.01% |
479,600
-201,000
| -30% | -$6.07M |
|
1925
PUT
Innovative Industrial Properties
IIPR
$1.64B
| $17.8M | ﹤0.01% |
176,800
-12,900
| -7% | -$1.06M |
|
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.