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 | |
|---|---|---|---|---|---|---|
2376
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $12.1M | ﹤0.01% |
187,700
+52,800
| +39% | +$3.16M |
|
2377
PUT
Aramark
ARMK
$16.4B
| $12.1M | ﹤0.01% |
430,600
-527,405
| -55% | -$14.3M |
|
2378
Royalty Pharma
RPRX
$26.1B
| $12.1M | ﹤0.01% |
430,633
-110,814
| -20% | -$3.05M |
|
2379
CALL
Ventas
VTR
$46.9B
| $12.1M | ﹤0.01% |
242,600
+109,200
| +82% | +$4.89M |
|
2380
CALL
West Pharmaceutical
WST
$24.6B
| $12.1M | ﹤0.01% |
34,300
-20,800
| -38% | -$7.36M |
|
2381
PUT
Organon & Co
OGN
$3.6B
| $12.1M | ﹤0.01% |
837,400
+660,900
| +374% | +$8.99M |
|
2382
Sun Communities
SUI
$15B
| $12.1M | ﹤0.01% |
90,300
-1,903
| -2% | -$229K |
|
|
KRTX
2383
DELISTED
Karuna Therapeutics, Inc. Common Stock
KRTX
| $12.1M | ﹤0.01% |
38,118
+10,575
| +38% | +$2.06M |
|
|
CIVI
2384
CALL
DELISTED
Civitas Resources
CIVI
| $12.1M | ﹤0.01% |
176,400
-20,400
| -10% | -$1.46M |
|
2385
Consolidated Edison
ED
$40.2B
| $12M | ﹤0.01% |
132,458
-272,696
| -67% | -$24.4M |
|
2386
PUT
DigitalOcean
DOCN
$15.3B
| $12M | ﹤0.01% |
328,100
-376,700
| -53% | -$10.4M |
|
|
FYBR
2387
PUT
DELISTED
Frontier Communications
FYBR
| $12M | ﹤0.01% |
474,300
-65,200
| -12% | -$1.32M |
|
2388
CALL
SAP
SAP
$240B
| $12M | ﹤0.01% |
77,700
-8,600
| -10% | -$1.24M |
|
2389
PUT
Snap-on
SNA
$20.9B
| $12M | ﹤0.01% |
41,500
+18,800
| +83% | +$5.07M |
|
2390
PUT
Trex
TREX
$5.06B
| $12M | ﹤0.01% |
144,700
+35,600
| +33% | +$2.36M |
|
|
GTM
2391
ZoomInfo Technologies
GTM
$1.18B
| $12M | ﹤0.01% |
647,446
+523,794
| +424% | +$8.21M |
|
2392
PUT
iShares TIPS Bond ETF
TIP
$14.7B
| $12M | ﹤0.01% |
111,300
+12,700
| +13% | +$1.33M |
|
2393
CALL
Vista Energy
VIST
$7.57B
| $12M | ﹤0.01% |
405,300
+151,200
| +60% | +$4.46M |
|
2394
CALL
Rollins
ROL
$17.4B
| $11.9M | ﹤0.01% |
273,500
+136,600
| +100% | +$5.32M |
|
|
PR
2395
Permian Resources
PR
$18B
| $11.9M | ﹤0.01% |
877,802
+425,160
| +94% | +$5.82M |
|
2396
HP
HPQ
$27.5B
| $11.9M | ﹤0.01% |
396,736
-272,012
| -41% | -$7.62M |
|
2397
Targa Resources
TRGP
$59.1B
| $11.9M | ﹤0.01% |
137,276
-1,898
| -1% | -$163K |
|
2398
SM Energy
SM
$8.03B
| $11.9M | ﹤0.01% |
307,784
+233,884
| +316% | +$9.02M |
|
|
VSTO
2399
CALL
DELISTED
Vista Outdoor Inc.
VSTO
| $11.9M | ﹤0.01% |
403,000
+284,900
| +241% | +$7.84M |
|
2400
iShares ESG Aware MSCI EAFE ETF
ESGD
$12.3B
| $11.9M | ﹤0.01% |
+157,733
| New | +$11.2M |
|
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.