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 | |
|---|---|---|---|---|---|---|
2451
CALL
Bilibili
BILI
$7.3B
| $11.4M | ﹤0.01% |
933,400
-494,500
| -35% | -$6.45M |
|
2452
Plug Power
PLUG
$3.24B
| $11.4M | ﹤0.01% |
2,523,343
+372,454
| +17% | +$1.95M |
|
2453
CALL
Sprouts Farmers Market
SFM
$7.69B
| $11.3M | ﹤0.01% |
235,700
-17,200
| -7% | -$752K |
|
2454
PUT
Constellation Energy
CEG
$100B
| $11.3M | ﹤0.01% |
96,900
-22,000
| -19% | -$2.57M |
|
2455
Crocs
CROX
$6.32B
| $11.3M | ﹤0.01% |
121,222
-195,144
| -62% | -$18M |
|
2456
Everest Group
EG
$14.2B
| $11.3M | ﹤0.01% |
31,930
+1,227
| +4% | +$475K |
|
2457
Tractor Supply
TSCO
$18.7B
| $11.3M | ﹤0.01% |
262,480
-217,990
| -45% | -$8.9M |
|
2458
CALL
Mettler-Toledo International
MTD
$28.4B
| $11.3M | ﹤0.01% |
9,300
-8,200
| -47% | -$8.87M |
|
2459
CALL
Celanese
CE
$5.01B
| $11.3M | ﹤0.01% |
72,600
-30,900
| -30% | -$4.03M |
|
2460
CALL
Lemonade
LMND
$4.07B
| $11.3M | ﹤0.01% |
699,300
+355,600
| +103% | +$5.36M |
|
|
CIVI
2461
DELISTED
Civitas Resources
CIVI
| $11.3M | ﹤0.01% |
164,905
+131,632
| +396% | +$9.42M |
|
2462
Extra Space Storage
EXR
$31.2B
| $11.3M | ﹤0.01% |
70,312
-205,474
| -75% | -$26.1M |
|
2463
Paycom
PAYC
$9.83B
| $11.3M | ﹤0.01% |
54,483
-41,803
| -43% | -$8.84M |
|
2464
PUT
DoubleVerify
DV
$2.04B
| $11.3M | ﹤0.01% |
306,100
-101,600
| -25% | -$3.17M |
|
2465
NRG Energy
NRG
$26.5B
| $11.3M | ﹤0.01% |
217,742
-567,512
| -72% | -$25.7M |
|
2466
Nexstar Media Group
NXST
$5.84B
| $11.2M | ﹤0.01% |
71,744
+16,542
| +30% | +$2.42M |
|
|
GTLS
2467
CALL
DELISTED
Chart Industries
GTLS
| $11.2M | ﹤0.01% |
82,300
-22,500
| -21% | -$3.04M |
|
2468
iShares US Healthcare Providers ETF
IHF
$1.27B
| $11.2M | ﹤0.01% |
213,155
+181,675
| +577% | +$9.21M |
|
2469
CALL
AerCap
AER
$24B
| $11.2M | ﹤0.01% |
150,200
-16,400
| -10% | -$1.08M |
|
2470
PUT
iShares Core US Aggregate Bond ETF
AGG
$138B
| $11.2M | ﹤0.01% |
112,400
+22,700
| +25% | +$2.16M |
|
2471
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $11.2M | ﹤0.01% |
144,789
+134,415
| +1,296% | +$10.2M |
|
|
IMGN
2472
CALL
DELISTED
Immunogen Inc
IMGN
| $11.1M | ﹤0.01% |
376,000
-800
| -0.2% | -$15.9K |
|
2473
PUT
W.P. Carey
WPC
$16.3B
| $11.1M | ﹤0.01% |
172,000
+71,840
| +72% | +$4.14M |
|
2474
PUT
Vanguard Dividend Appreciation ETF
VIG
$114B
| $11.1M | ﹤0.01% |
65,400
-60,000
| -48% | -$9.65M |
|
2475
Jacobs Solutions
J
$16.9B
| $11.1M | ﹤0.01% |
103,734
-105,332
| -50% | -$11.5M |
|
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.