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 | |
|---|---|---|---|---|---|---|
2401
Invesco
IVZ
$14.4B
| $11.9M | ﹤0.01% |
666,256
+430,706
| +183% | +$6.21M |
|
2402
PUT
AGCO
AGCO
$7.1B
| $11.9M | ﹤0.01% |
97,800
+22,400
| +30% | +$2.62M |
|
2403
CALL
Healthcare Realty
HR
$6.6B
| $11.9M | ﹤0.01% |
689,100
+673,800
| +4,404% | +$10.3M |
|
2404
CALL
FLEX LNG
FLNG
$1.67B
| $11.8M | ﹤0.01% |
407,600
-66,600
| -14% | -$2M |
|
2405
CALL
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $11.8M | ﹤0.01% |
139,900
+100,000
| +251% | +$7.74M |
|
2406
PUT
LGI Homes
LGIH
$1.39B
| $11.8M | ﹤0.01% |
88,800
+12,800
| +17% | +$1.42M |
|
2407
PUT
Vulcan Materials
VMC
$36.5B
| $11.8M | ﹤0.01% |
52,000
-15,700
| -23% | -$3.33M |
|
2408
CALL
The GEO Group
GEO
$4.11B
| $11.8M | ﹤0.01% |
1,088,000
+460,500
| +73% | +$4.4M |
|
2409
CALL
iShares MSCI ACWI ETF
ACWI
$33.6B
| $11.8M | ﹤0.01% |
115,700
-57,600
| -33% | -$5.51M |
|
2410
Helen of Troy
HELE
$704M
| $11.8M | ﹤0.01% |
97,343
+92,663
| +1,980% | +$9.99M |
|
2411
Acadia Pharmaceuticals
ACAD
$4.87B
| $11.7M | ﹤0.01% |
375,263
+52,883
| +16% | +$1.26M |
|
2412
CALL
Ollie's Bargain Outlet
OLLI
$4.62B
| $11.7M | ﹤0.01% |
154,800
-15,000
| -9% | -$1.13M |
|
2413
CALL
NCR Voyix
VYX
$1.13B
| $11.7M | ﹤0.01% |
694,700
-799,358
| -54% | -$12.8M |
|
2414
PUT
Johnson Controls International
JCI
$93.1B
| $11.7M | ﹤0.01% |
203,800
-99,600
| -33% | -$5.23M |
|
2415
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $11.7M | ﹤0.01% |
245,552
+97,042
| +65% | +$4.28M |
|
2416
Ryan Specialty Holdings
RYAN
$10.7B
| $11.7M | ﹤0.01% |
272,760
+222,045
| +438% | +$10M |
|
2417
Goodyear
GT
$1.76B
| $11.7M | ﹤0.01% |
819,087
+2,188
| +0.3% | +$29.1K |
|
2418
International Flavors & Fragrances
IFF
$21.5B
| $11.7M | ﹤0.01% |
144,781
-1,967
| -1% | -$142K |
|
2419
Public Service Enterprise Group
PEG
$37.9B
| $11.7M | ﹤0.01% |
190,956
-542,076
| -74% | -$33.3M |
|
2420
GoDaddy
GDDY
$12B
| $11.7M | ﹤0.01% |
109,794
+5,646
| +5% | +$505K |
|
2421
CALL
Global X Lithium & Battery Tech ETF
LIT
$1.61B
| $11.7M | ﹤0.01% |
228,800
-149,000
| -39% | -$7.39M |
|
2422
CALL
iQIYI
IQ
$1.3B
| $11.7M | ﹤0.01% |
2,387,500
-663,700
| -22% | -$3.14M |
|
2423
PUT
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF
GUSH
$252M
| $11.6M | ﹤0.01% |
356,200
-128,100
| -26% | -$4.47M |
|
2424
TriNet
TNET
$3.16B
| $11.6M | ﹤0.01% |
97,724
+56,714
| +138% | +$6.48M |
|
2425
Casella Waste Systems
CWST
$5.77B
| $11.6M | ﹤0.01% |
135,979
-3,060
| -2% | -$246K |
|
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.