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 | |
|---|---|---|---|---|---|---|
1976
CALL
Textron
TXT
$15.3B
| $16.8M | ﹤0.01% |
208,900
-70,000
| -25% | -$5.43M |
|
1977
CALL
Herc Holdings
HRI
$5.74B
| $16.8M | ﹤0.01% |
112,800
-98,500
| -47% | -$12.1M |
|
|
DAY
1978
CALL
DELISTED
Dayforce
DAY
| $16.8M | ﹤0.01% |
250,200
-9,700
| -4% | -$662K |
|
1979
CALL
Atmus Filtration Technologies
ATMU
$4.09B
| $16.8M | ﹤0.01% |
714,100
+538,900
| +308% | +$11.6M |
|
1980
CALL
Winnebago Industries
WGO
$890M
| $16.7M | ﹤0.01% |
229,600
-106,000
| -32% | -$6.8M |
|
1981
CALL
WillScot Mobile Mini Holdings
WSC
$4.35B
| $16.7M | ﹤0.01% |
376,000
+159,300
| +74% | +$6.44M |
|
|
TEN
1982
CALL
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $16.7M | ﹤0.01% |
752,900
+448,400
| +147% | +$9.54M |
|
1983
Ameriprise Financial
AMP
$50.4B
| $16.7M | ﹤0.01% |
44,030
-29,414
| -40% | -$10.1M |
|
1984
CALL
Galicia Financial Group
GGAL
$7.02B
| $16.7M | ﹤0.01% |
966,800
+234,500
| +32% | +$3.32M |
|
1985
Keurig Dr Pepper
KDP
$42.7B
| $16.7M | ﹤0.01% |
501,034
+125,306
| +33% | +$3.9M |
|
1986
CALL
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.43B
| $16.7M | ﹤0.01% |
1,434
-330
| -19% | -$6.23M |
|
1987
PUT
Tower Semiconductor
TSEM
$29.7B
| $16.7M | ﹤0.01% |
545,700
-68,300
| -11% | -$1.78M |
|
1988
CALL
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $16.6M | ﹤0.01% |
414,900
+192,200
| +86% | +$6.9M |
|
1989
PUT
Host Hotels & Resorts
HST
$15.7B
| $16.6M | ﹤0.01% |
851,200
-114,900
| -12% | -$1.97M |
|
1990
PUT
Teladoc Health
TDOC
$1.24B
| $16.6M | ﹤0.01% |
769,000
-193,000
| -20% | -$3.56M |
|
1991
CALL
Darling Ingredients
DAR
$10.5B
| $16.6M | ﹤0.01% |
332,500
+139,800
| +73% | +$6.35M |
|
1992
CALL
Globant
GLOB
$1.59B
| $16.6M | ﹤0.01% |
69,600
-24,500
| -26% | -$5M |
|
1993
PUT
GE HealthCare
GEHC
$33.3B
| $16.6M | ﹤0.01% |
214,200
-280,000
| -57% | -$19.6M |
|
1994
Tilray
TLRY
$622M
| $16.6M | ﹤0.01% |
719,781
+332,204
| +86% | +$6.4M |
|
1995
iShares Core S&P 500 ETF
IVV
$908B
| $16.5M | ﹤0.01% |
34,637
+22,979
| +197% | +$10.3M |
|
1996
CALL
Otis Worldwide
OTIS
$27.7B
| $16.5M | ﹤0.01% |
184,300
-94,300
| -34% | -$7.84M |
|
|
VISN
1997
CALL
Vistance Networks Inc
VISN
$2.62B
| $16.5M | ﹤0.01% |
5,846,200
+5,042,600
| +628% | +$10.9M |
|
1998
PUT
Moody's
MCO
$83.9B
| $16.5M | ﹤0.01% |
42,200
-53,100
| -56% | -$18.5M |
|
1999
Atkore
ATKR
$3.17B
| $16.5M | ﹤0.01% |
102,975
+53,522
| +108% | +$7.38M |
|
2000
CALL
Elbit Systems
ESLT
$36.8B
| $16.4M | ﹤0.01% |
77,100
-151,000
| -66% | -$30.5M |
|
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.