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 | |
|---|---|---|---|---|---|---|
1926
PUT
Thor Industries
THO
$4.12B
| $17.8M | ﹤0.01% |
150,700
-68,200
| -31% | -$6.82M |
|
1927
CALL
TE Connectivity
TEL
$62.8B
| $17.8M | ﹤0.01% |
126,800
+13,300
| +12% | +$1.71M |
|
1928
CALL
Liberty Media Series C
FWONK
$26.3B
| $17.8M | ﹤0.01% |
282,000
+273,900
| +3,381% | +$17.9M |
|
1929
CALL
TransUnion
TRU
$15.4B
| $17.8M | ﹤0.01% |
259,000
+190,900
| +280% | +$11.6M |
|
|
CTRA
1930
DELISTED
Coterra Energy
CTRA
| $17.8M | ﹤0.01% |
696,456
+225,114
| +48% | +$6.03M |
|
1931
PUT
ZIM Integrated Shipping Services
ZIM
$3.4B
| $17.7M | ﹤0.01% |
1,796,100
+601,800
| +50% | +$5.06M |
|
1932
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $17.7M | ﹤0.01% |
120,251
+89,740
| +294% | +$12.4M |
|
1933
PUT
Shake Shack
SHAK
$3.03B
| $17.7M | ﹤0.01% |
238,700
-75,700
| -24% | -$4.64M |
|
1934
Kimberly-Clark
KMB
$36.9B
| $17.7M | ﹤0.01% |
145,565
+19,011
| +15% | +$2.3M |
|
1935
CALL
WEX
WEX
$6.64B
| $17.7M | ﹤0.01% |
90,900
-49,000
| -35% | -$8.89M |
|
1936
Webster Financial
WBS
$12.8B
| $17.7M | ﹤0.01% |
348,242
+251,025
| +258% | +$10.8M |
|
1937
CALL
SiriusXM
SIRI
$9.52B
| $17.7M | ﹤0.01% |
322,740
+87,500
| +37% | +$4.2M |
|
1938
Dollar Tree
DLTR
$25B
| $17.6M | ﹤0.01% |
124,162
-33,117
| -21% | -$3.92M |
|
1939
CALL
Skywest
SKYW
$4.16B
| $17.6M | ﹤0.01% |
337,800
+59,400
| +21% | +$2.67M |
|
1940
RB Global
RBA
$15.8B
| $17.6M | ﹤0.01% |
263,550
-183
| -0.1% | -$11.8K |
|
1941
CALL
Raymond James Financial
RJF
$34.9B
| $17.6M | ﹤0.01% |
157,900
-85,800
| -35% | -$8.83M |
|
1942
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $17.6M | ﹤0.01% |
+214,480
| New | +$17.4M |
|
|
FLG
1943
CALL
Flagstar Bank National Association
FLG
$5.92B
| $17.5M | ﹤0.01% |
571,367
-34,966
| -6% | -$1.05M |
|
1944
CALL
ArcBest
ARCB
$3.24B
| $17.5M | ﹤0.01% |
145,800
+89,900
| +161% | +$9.96M |
|
1945
FlexShares Global Upstream Natural Resources Index Fund
GUNR
$7.04B
| $17.5M | ﹤0.01% |
427,827
+367,296
| +607% | +$14.6M |
|
1946
American Airlines Group
AAL
$9.9B
| $17.5M | ﹤0.01% |
1,271,334
+323,802
| +34% | +$4.07M |
|
|
FLNA
1947
CALL
Filana Therapeutics
FLNA
$44.1M
| $17.4M | ﹤0.01% |
774,400
-88,800
| -10% | -$1.88M |
|
1948
CALL
Ingersoll Rand
IR
$32.5B
| $17.4M | ﹤0.01% |
225,200
-9,500
| -4% | -$650K |
|
1949
CALL
Costamare
CMRE
$1.76B
| $17.4M | ﹤0.01% |
1,668,100
-28,700
| -2% | -$274K |
|
1950
Veeva Systems
VEEV
$40B
| $17.4M | ﹤0.01% |
90,164
-104,497
| -54% | -$19.7M |
|
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.