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 | |
|---|---|---|---|---|---|---|
2151
Darden Restaurants
DRI
$25.6B
| $14.4M | ﹤0.01% |
87,934
+20,904
| +31% | +$3.17M |
|
2152
CALL
PennyMac Financial
PFSI
$4.05B
| $14.4M | ﹤0.01% |
163,400
-6,400
| -4% | -$481K |
|
2153
CALL
Motorola Solutions
MSI
$77.2B
| $14.4M | ﹤0.01% |
46,100
-52,700
| -53% | -$16M |
|
2154
PUT
Planet Fitness
PLNT
$3.8B
| $14.4M | ﹤0.01% |
197,700
+12,400
| +7% | +$762K |
|
|
AKRO
2155
CALL
DELISTED
Akero Therapeutics
AKRO
| $14.4M | ﹤0.01% |
617,700
+316,000
| +105% | +$6.23M |
|
2156
PUT
McCormick & Company Non-Voting
MKC
$14.7B
| $14.4M | ﹤0.01% |
210,800
+185,600
| +737% | +$12.1M |
|
|
IMGN
2157
PUT
DELISTED
Immunogen Inc
IMGN
| $14.4M | ﹤0.01% |
486,000
-33,500
| -6% | -$667K |
|
2158
PUT
Williams Companies
WMB
$92B
| $14.4M | ﹤0.01% |
413,500
+52,300
| +14% | +$1.84M |
|
2159
PUT
Lincoln National
LNC
$8.7B
| $14.4M | ﹤0.01% |
532,700
+136,700
| +35% | +$3.29M |
|
2160
PUT
Bloom Energy
BE
$67.7B
| $14.4M | ﹤0.01% |
969,800
+28,300
| +3% | +$354K |
|
2161
PUT
Mid-America Apartment Communities
MAA
$15.5B
| $14.3M | ﹤0.01% |
106,600
-26,200
| -20% | -$3.33M |
|
2162
Principal Financial Group
PFG
$24.4B
| $14.3M | ﹤0.01% |
181,908
-6,777
| -4% | -$491K |
|
2163
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$310M
| $14.3M | ﹤0.01% |
473,557
-218,728
| -32% | -$8.2M |
|
|
VSXY
2164
CALL
Victoria's Secret
VSXY
$7.08B
| $14.3M | ﹤0.01% |
538,400
+319,800
| +146% | +$6.78M |
|
2165
Aramark
ARMK
$16.4B
| $14.3M | ﹤0.01% |
507,466
-37,296
| -7% | -$1.01M |
|
2166
CALL
SouthState Bank Corp
SSB
$10.8B
| $14.2M | ﹤0.01% |
168,700
+139,000
| +468% | +$10.3M |
|
2167
PUT
TKO Group
TKO
$14.7B
| $14.2M | ﹤0.01% |
174,600
-90,200
| -34% | -$7.16M |
|
2168
Gartner
IT
$11.4B
| $14.2M | ﹤0.01% |
31,524
-1,836
| -6% | -$733K |
|
2169
Norwegian Cruise Line
NCLH
$8.73B
| $14.2M | ﹤0.01% |
708,319
+231,270
| +48% | +$3.71M |
|
|
SGI
2170
PUT
Somnigroup International
SGI
$13.9B
| $14.2M | ﹤0.01% |
278,200
+24,900
| +10% | +$1.06M |
|
2171
CALL
Grab
GRAB
$14.8B
| $14.2M | ﹤0.01% |
4,202,800
+659,400
| +19% | +$2.13M |
|
2172
CALL
Glaukos
GKOS
$10.9B
| $14.2M | ﹤0.01% |
178,100
+139,400
| +360% | +$9.51M |
|
2173
Travelers Companies
TRV
$77.2B
| $14.2M | ﹤0.01% |
74,297
-133,258
| -64% | -$23.1M |
|
2174
PUT
Mobileye
MBLY
$7.58B
| $14.2M | ﹤0.01% |
326,700
-1,400
| -0.4% | -$55.1K |
|
|
WW
2175
CALL
DELISTED
WW International
WW
| $14.1M | ﹤0.01% |
1,615,600
-129,900
| -7% | -$1.1M |
|
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.