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 | |
|---|---|---|---|---|---|---|
7276
Invesco S&P MidCap 400 GARP ETF
GRPM
$506M
| $871K | ﹤0.01% |
8,851
-2,900
| -25% | -$260K |
|
|
SLNO
7277
DELISTED
Soleno Therapeutics
SLNO
| $870K | ﹤0.01% |
+21,620
| New | +$615K |
|
7278
CALL
World Kinect Corp
WKC
$1.83B
| $870K | ﹤0.01% |
38,200
+7,100
| +23% | +$149K |
|
7279
CALL
Kimbell Royalty Partners
KRP
$1.51B
| $870K | ﹤0.01% |
57,800
-43,900
| -43% | -$688K |
|
7280
Alpha Pro Tech
APT
$54.7M
| $870K | ﹤0.01% |
164,440
+27,322
| +20% | +$125K |
|
7281
Motley Fool Small-Cap Growth ETF
TMFS
$60.1M
| $869K | ﹤0.01% |
28,357
+11,347
| +67% | +$314K |
|
7282
Origin Bancorp
OBK
$1.65B
| $869K | ﹤0.01% |
24,438
-19,111
| -44% | -$606K |
|
7283
PUT
Harrow
HROW
$1.49B
| $869K | ﹤0.01% |
77,600
-120,600
| -61% | -$1.43M |
|
7284
CALL
Hudbay
HBM
$12.2B
| $869K | ﹤0.01% |
157,400
+4,600
| +3% | +$21.6K |
|
7285
Schwab 1000 Index ETF
SCHK
$5.95B
| $869K | ﹤0.01% |
37,718
-134,762
| -78% | -$2.9M |
|
|
CBL
7286
CBL Properties
CBL
$1.76B
| $869K | ﹤0.01% |
35,567
+17,164
| +93% | +$383K |
|
7287
CALL
Limbach Holdings
LMB
$532M
| $868K | ﹤0.01% |
19,100
+1,400
| +8% | +$50.3K |
|
7288
Louisiana-Pacific
LPX
$5.05B
| $868K | ﹤0.01% |
12,261
+8,423
| +219% | +$503K |
|
|
7289
PUT
Kimbell Royalty Partners
KRP
$1.51B
| $868K | ﹤0.01% |
57,700
-57,300
| -50% | -$898K |
|
|
FFWM
7290
DELISTED
First Foundation Inc
FFWM
| $868K | ﹤0.01% |
89,660
-96,289
| -52% | -$614K |
|
7291
PUT
American Financial Group
AFG
$12.1B
| $868K | ﹤0.01% |
7,300
-3,600
| -33% | -$406K |
|
7292
CALL
BlackRock TCP Capital
TCPC
$342M
| $868K | ﹤0.01% |
75,200
+3,200
| +4% | +$36.3K |
|
7293
Stride
LRN
$3.47B
| $868K | ﹤0.01% |
14,615
-13,331
| -48% | -$730K |
|
|
CAN
7294
CALL
Canaan Creative
CAN
$170M
| $866K | ﹤0.01% |
375,000
+277,000
| +283% | +$517K |
|
7295
Toast
TOST
$19.9B
| $866K | ﹤0.01% |
47,428
-240,119
| -84% | -$3.94M |
|
7296
PUT
Utz Brands
UTZ
$1.25B
| $866K | ﹤0.01% |
53,300
+23,700
| +80% | +$313K |
|
7297
Saic
SAIC
$5.27B
| $865K | ﹤0.01% |
6,961
-7,301
| -51% | -$850K |
|
7298
CALL
CorVel
CRVL
$3.35B
| $865K | ﹤0.01% |
10,500
-1,200
| -10% | -$85.1K |
|
7299
Cohen & Steers Infrastructure Fund
UTF
$3.03B
| $865K | ﹤0.01% |
40,736
+6,350
| +18% | +$130K |
|
7300
Invesco NASDAQ Next Gen 100 ETF
QQQJ
$1.19B
| $862K | ﹤0.01% |
31,940
+12,152
| +61% | +$302K |
|
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.