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 | |
|---|---|---|---|---|---|---|
7251
Oaktree Specialty Lending
OCSL
$1.13B
| $879K | ﹤0.01% |
+43,058
| New | +$850K |
|
7252
PUT
Universal Insurance Holdings
UVE
$1.19B
| $879K | ﹤0.01% |
55,000
-19,400
| -26% | -$302K |
|
|
PRMW
7253
DELISTED
Primo Water Corporation
PRMW
| $878K | ﹤0.01% |
58,370
+37,917
| +185% | +$541K |
|
7254
PUT
Ligand Pharmaceuticals
LGND
$5.82B
| $878K | ﹤0.01% |
12,300
-2,100
| -15% | -$124K |
|
7255
CALL
Gogo Inc
GOGO
$366M
| $878K | ﹤0.01% |
86,700
+6,500
| +8% | +$69K |
|
7256
PUT
iShares MSCI South Africa ETF
EZA
$566M
| $878K | ﹤0.01% |
21,000
-3,300
| -14% | -$130K |
|
7257
PUT
BBVA Argentina
BBAR
$3.12B
| $877K | ﹤0.01% |
161,300
-39,200
| -20% | -$184K |
|
|
MAXN
7258
PUT
DELISTED
Maxeon Solar Technologies
MAXN
| $875K | ﹤0.01% |
1,220
-594
| -33% | -$387K |
|
7259
CALL
Pembina Pipeline
PBA
$28.3B
| $874K | ﹤0.01% |
25,400
-40,100
| -61% | -$1.28M |
|
7260
Cambria Tail Risk ETF
TAIL
$148M
| $874K | ﹤0.01% |
68,237
+27,907
| +69% | +$357K |
|
7261
Guidewire Software
GWRE
$14.3B
| $874K | ﹤0.01% |
8,013
-10,848
| -58% | -$1.04M |
|
7262
Progress Software
PRGS
$1.76B
| $874K | ﹤0.01% |
16,088
+9,513
| +145% | +$504K |
|
7263
Encore Capital Group
ECPG
$2.2B
| $873K | ﹤0.01% |
17,208
+10,334
| +150% | +$469K |
|
|
MNTX
7264
CALL
DELISTED
Manitex International, Inc.
MNTX
| $873K | ﹤0.01% |
99,900
+76,500
| +327% | +$461K |
|
7265
nCino
NCNO
$2.22B
| $873K | ﹤0.01% |
+25,960
| New | +$773K |
|
|
EU
7266
CALL
enCore Energy
EU
$220M
| $873K | ﹤0.01% |
+222,100
| New | +$790K |
|
7267
PUT
WisdomTree US AI Enhanced Value Fund
AIVL
$432M
| $873K | ﹤0.01% |
9,100
+2,800
| +44% | +$252K |
|
7268
VSE Corp
VSEC
$6.83B
| $873K | ﹤0.01% |
13,505
-5,520
| -29% | -$324K |
|
7269
CALL
XPEL
XPEL
$1.38B
| $872K | ﹤0.01% |
16,200
+4,300
| +36% | +$231K |
|
7270
Marriott Vacations Worldwide
VAC
$4.11B
| $872K | ﹤0.01% |
10,276
-1,006
| -9% | -$85.8K |
|
7271
Direxion Daily GOOGL Bull 2X ETF
GGLL
$937M
| $872K | ﹤0.01% |
27,413
-16,761
| -38% | -$511K |
|
|
XRLV
7272
DELISTED
Invesco S&P 500 ex-Rate Sensitive Low Volatility ETF
XRLV
| $872K | ﹤0.01% |
18,395
+9,112
| +98% | +$416K |
|
|
AIRC
7273
PUT
DELISTED
Apartment Income REIT Corp.
AIRC
| $872K | ﹤0.01% |
25,100
+14,600
| +139% | +$457K |
|
7274
PUT
Simpson Manufacturing
SSD
$8.03B
| $871K | ﹤0.01% |
4,400
+1,300
| +42% | +$206K |
|
7275
Invesco Dorsey Wright Industrials Momentum ETF
PRN
$456M
| $871K | ﹤0.01% |
7,354
+4,883
| +198% | +$516K |
|
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.