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 | |
|---|---|---|---|---|---|---|
2276
Lightspeed Commerce
LSPD
$1.38B
| $13.1M | ﹤0.01% |
625,731
+462,953
| +284% | +$7.33M |
|
2277
CALL
Inspire Medical Systems
INSP
$1.65B
| $13.1M | ﹤0.01% |
64,500
+17,300
| +37% | +$2.8M |
|
2278
CALL
Revvity
RVTY
$13B
| $13.1M | ﹤0.01% |
120,000
+92,700
| +340% | +$8.94M |
|
2279
PUT
Regions Financial
RF
$27.2B
| $13.1M | ﹤0.01% |
676,800
-73,300
| -10% | -$1.22M |
|
2280
PUT
Royal Gold
RGLD
$19.5B
| $13.1M | ﹤0.01% |
108,400
+63,600
| +142% | +$7.19M |
|
|
BBBY
2281
PUT
Bed Bath & Beyond
BBBY
$415M
| $13.1M | ﹤0.01% |
520,080
-221,430
| -30% | -$3.81M |
|
2282
Vanguard Total International Bond ETF
BNDX
$82.7B
| $13.1M | ﹤0.01% |
265,157
+36,785
| +16% | +$1.79M |
|
2283
CALL
PTC
PTC
$16.2B
| $13.1M | ﹤0.01% |
74,700
-40,600
| -35% | -$6.23M |
|
2284
CALL
Zillow
ZG
$7.91B
| $13.1M | ﹤0.01% |
230,100
+129,800
| +129% | +$5.56M |
|
2285
CALL
Credo Technology Group
CRDO
$48.5B
| $13M | ﹤0.01% |
669,900
+128,900
| +24% | +$2.19M |
|
2286
Burford Capital
BUR
$960M
| $13M | ﹤0.01% |
836,016
-27,112
| -3% | -$362K |
|
2287
PUT
F5
FFIV
$22.8B
| $13M | ﹤0.01% |
72,800
-22,100
| -23% | -$3.61M |
|
2288
CALL
AngloGold Ashanti
AU
$48.7B
| $13M | ﹤0.01% |
696,700
-104,000
| -13% | -$1.88M |
|
2289
CALL
Immunocore
IMCR
$1.74B
| $13M | ﹤0.01% |
190,300
+76,500
| +67% | +$3.98M |
|
2290
Iovance Biotherapeutics
IOVA
$3.16B
| $13M | ﹤0.01% |
1,598,930
+353,893
| +28% | +$1.85M |
|
2291
CALL
Ameriprise Financial
AMP
$50.3B
| $13M | ﹤0.01% |
34,200
-11,800
| -26% | -$4.05M |
|
2292
PUT
Keurig Dr Pepper
KDP
$42.8B
| $13M | ﹤0.01% |
389,800
-1,181,500
| -75% | -$36.8M |
|
2293
Skyworks Solutions
SWKS
$10.5B
| $13M | ﹤0.01% |
115,451
-30,193
| -21% | -$2.95M |
|
2294
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.1M
| $13M | ﹤0.01% |
50,695
+12,035
| +31% | +$2.94M |
|
2295
CALL
EyePoint Inc
EYPT
$1.27B
| $13M | ﹤0.01% |
561,000
+396,300
| +241% | +$4.43M |
|
2296
MoonLake Immunotherapeutics
MLTX
$1.4B
| $12.9M | ﹤0.01% |
214,116
+196,964
| +1,148% | +$10.2M |
|
2297
Occidental Petroleum Corp Warrants
OXY.WS
$34.3B
| $12.9M | ﹤0.01% |
331,981
| – | – |
|
2298
PUT
RenaissanceRe
RNR
$13.4B
| $12.9M | ﹤0.01% |
65,800
+36,100
| +122% | +$7.5M |
|
2299
Valaris
VAL
$5.95B
| $12.9M | ﹤0.01% |
188,077
+133,191
| +243% | +$9.13M |
|
2300
Asbury Automotive
ABG
$3.78B
| $12.9M | ﹤0.01% |
57,283
+44,162
| +337% | +$9.33M |
|
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.