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 | |
|---|---|---|---|---|---|---|
201
CALL
Blackrock
BLK
$180B
| $415M | 0.08% |
510,900
+160,100
| +46% | +$112M |
|
|
XYZ
202
PUT
Block Inc
XYZ
$47B
| $413M | 0.08% |
5,341,800
+714,700
| +15% | +$40.4M |
|
203
Broadcom
AVGO
$1.98T
| $410M | 0.08% |
3,676,300
-358,540
| -9% | -$33.9M |
|
204
CALL
Cisco
CSCO
$488B
| $408M | 0.08% |
8,072,100
-608,900
| -7% | -$31.1M |
|
205
CALL
Regeneron Pharmaceuticals
REGN
$82.2B
| $406M | 0.08% |
462,500
+19,000
| +4% | +$15.6M |
|
206
PUT
Deere & Co
DE
$167B
| $405M | 0.08% |
1,012,000
+74,000
| +8% | +$27.9M |
|
207
CALL
ConocoPhillips
COP
$153B
| $402M | 0.08% |
3,465,400
-1,498,400
| -30% | -$175M |
|
208
PUT
Starbucks
SBUX
$124B
| $401M | 0.08% |
4,181,300
+184,900
| +5% | +$18M |
|
|
209
iShares China Large-Cap ETF
FXI
$4.2B
| $401M | 0.08% |
16,669,701
+13,849,654
| +491% | +$351M |
|
210
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $398M | 0.08% |
2,915,200
-172,800
| -6% | -$22.5M |
|
211
CALL
Super Micro Computer
SMCI
$24.3B
| $396M | 0.08% |
13,928,000
+362,000
| +3% | +$10M |
|
212
CALL
CVS Health
CVS
$121B
| $395M | 0.08% |
5,008,500
-574,300
| -10% | -$40.9M |
|
213
PUT
T-Mobile US
TMUS
$190B
| $390M | 0.07% |
2,434,600
+432,300
| +22% | +$64M |
|
214
PUT
KLA
KLAC
$272B
| $388M | 0.07% |
6,683,000
+1,716,000
| +35% | +$89.3M |
|
215
Booking.com
BKNG
$159B
| $388M | 0.07% |
2,736,300
-2,293,825
| -46% | -$286M |
|
216
CALL
Rivian
RIVN
$23.1B
| $384M | 0.07% |
16,383,600
+3,602,100
| +28% | +$67.7M |
|
217
CALL
Applied Materials
AMAT
$435B
| $381M | 0.07% |
2,353,500
+193,000
| +9% | +$28.4M |
|
218
PUT
iShares MSCI Japan ETF
EWJ
$23.1B
| $381M | 0.07% |
5,935,800
+5,119,000
| +627% | +$313M |
|
219
CALL
Verizon
VZ
$195B
| $380M | 0.07% |
10,071,800
-3,065,100
| -23% | -$108M |
|
220
PUT
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $379M | 0.07% |
11,961,000
+4,741,400
| +66% | +$145M |
|
221
CALL
Airbnb
ABNB
$108B
| $374M | 0.07% |
2,745,700
-808,100
| -23% | -$104M |
|
222
CALL
Lowe's Companies
LOW
$121B
| $373M | 0.07% |
1,677,300
-302,000
| -15% | -$61.2M |
|
223
CALL
AutoZone
AZO
$49.7B
| $369M | 0.07% |
142,700
-49,500
| -26% | -$128M |
|
|
224
iShares 20+ Year Treasury Bond ETF
TLT
$40.6B
| $367M | 0.07% |
3,714,412
-8,658,178
| -70% | -$782M |
|
225
PUT
Intuit
INTU
$91.6B
| $367M | 0.07% |
587,000
+97,800
| +20% | +$53.9M |
|
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.