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 | |
|---|---|---|---|---|---|---|
2076
California Resources
CRC
$4.79B
| $15.4M | ﹤0.01% |
280,868
+212,304
| +310% | +$11.2M |
|
2077
CALL
Ares Management
ARES
$32.5B
| $15.4M | ﹤0.01% |
129,100
+50,800
| +65% | +$5.52M |
|
2078
PUT
Vornado Realty Trust
VNO
$7.25B
| $15.3M | ﹤0.01% |
543,300
+96,600
| +22% | +$2.3M |
|
2079
CALL
Peloton Interactive
PTON
$2.46B
| $15.3M | ﹤0.01% |
2,518,600
-2,097,600
| -45% | -$11.3M |
|
|
2080
CALL
Vornado Realty Trust
VNO
$7.25B
| $15.3M | ﹤0.01% |
542,700
-5,000
| -0.9% | -$119K |
|
|
SPYM
2081
CALL
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $15.3M | ﹤0.01% |
274,100
+35,900
| +15% | +$1.88M |
|
2082
CALL
Omnicom Group
OMC
$24B
| $15.3M | ﹤0.01% |
177,100
-98,200
| -36% | -$7.74M |
|
2083
PUT
Star Bulk Carriers
SBLK
$3.23B
| $15.3M | ﹤0.01% |
720,100
-430,100
| -37% | -$8.48M |
|
2084
CALL
Perion Network
PERI
$386M
| $15.3M | ﹤0.01% |
495,500
+43,800
| +10% | +$1.24M |
|
2085
Sphere Entertainment
SPHR
$6.07B
| $15.3M | ﹤0.01% |
450,294
+391,784
| +670% | +$13.6M |
|
2086
CALL
Silicon Motion
SIMO
$9B
| $15.3M | ﹤0.01% |
249,400
-1,000
| -0.4% | -$57.2K |
|
2087
Tower Semiconductor
TSEM
$29.8B
| $15.3M | ﹤0.01% |
500,312
-157,529
| -24% | -$4.11M |
|
|
AESC
2088
DELISTED
The AES Corporation
AESC
| $15.2M | ﹤0.01% |
+200,000
| New | +$13M |
|
2089
PUT
Knight Transportation
KNX
$11.8B
| $15.2M | ﹤0.01% |
263,700
+51,100
| +24% | +$2.68M |
|
2090
CALL
Steris
STE
$22.8B
| $15.2M | ﹤0.01% |
69,100
-21,100
| -23% | -$4.46M |
|
2091
CALL
Plug Power
PLUG
$3.21B
| $15.2M | ﹤0.01% |
3,375,600
-401,900
| -11% | -$2.11M |
|
2092
PUT
QuantumScape Corp
QS
$3.78B
| $15.2M | ﹤0.01% |
2,183,200
-852,100
| -28% | -$5.37M |
|
2093
PUT
Alexandria Real Estate Equities
ARE
$8.27B
| $15.2M | ﹤0.01% |
119,600
-12,500
| -9% | -$1.35M |
|
2094
PUT
Welltower
WELL
$170B
| $15.2M | ﹤0.01% |
168,100
+122,000
| +265% | +$10.6M |
|
2095
PUT
Aptiv
APTV
$10.3B
| $15.1M | ﹤0.01% |
168,800
+44,700
| +36% | +$3.85M |
|
|
ECHO
2096
PUT
EchoStar
ECHO
$26.5B
| $15.1M | ﹤0.01% |
913,700
+850,200
| +1,339% | +$11M |
|
2097
CALL
Canadian Imperial Bank of Commerce
CM
$113B
| $15.1M | ﹤0.01% |
314,400
+268,100
| +579% | +$10.7M |
|
2098
CALL
Interactive Brokers
IBKR
$41.7B
| $15.1M | ﹤0.01% |
730,000
-71,200
| -9% | -$1.46M |
|
2099
Dutch Bros
BROS
$9.12B
| $15.1M | ﹤0.01% |
477,694
+456,187
| +2,121% | +$12.4M |
|
2100
CALL
YPF Sociedad Anonima American Depositary Shares (Each representing ten (10) Class D shares of Capital Stock)
YPF
$19.6B
| $15.1M | ﹤0.01% |
879,900
+417,300
| +90% | +$5.75M |
|
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.