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 | |
|---|---|---|---|---|---|---|
7376
CALL
MidCap Financial Investment
MFIC
$798M
| $834K | ﹤0.01% |
61,000
-44,800
| -42% | -$597K |
|
7377
Tennant Co
TNC
$1.13B
| $834K | ﹤0.01% |
8,999
+459
| +5% | +$38.1K |
|
|
LAND
7378
CALL
Gladstone Land Corp
LAND
$355M
| $834K | ﹤0.01% |
+57,700
| New | +$822K |
|
|
TMHC
7379
CALL
DELISTED
Taylor Morrison
TMHC
| $832K | ﹤0.01% |
15,600
-3,900
| -20% | -$174K |
|
7380
ProShares Ultra Gold
UGL
$815M
| $832K | ﹤0.01% |
52,120
+332
| +0.6% | +$4.94K |
|
7381
Invesco S&P 500 Momentum ETF
SPMO
$22.8B
| $832K | ﹤0.01% |
12,697
+8,048
| +173% | +$487K |
|
7382
Orion Group Holdings
ORN
$396M
| $831K | ﹤0.01% |
168,270
+28,228
| +20% | +$139K |
|
|
SQSP
7383
DELISTED
Squarespace, Inc.
SQSP
| $831K | ﹤0.01% |
25,180
-9,029
| -26% | -$264K |
|
7384
CALL
ARK Autonomous Technology & Robotics ETF
ARKQ
$2.08B
| $831K | ﹤0.01% |
14,400
+1,500
| +12% | +$78.8K |
|
|
ORC
7385
PUT
Orchid Island Capital
ORC
$1.33B
| $830K | ﹤0.01% |
+98,500
| New | +$734K |
|
|
FPI
7386
Farmland Partners
FPI
$428M
| $830K | ﹤0.01% |
+66,506
| New | +$770K |
|
7387
CALL
LivePerson
LPSN
$35.5M
| $830K | ﹤0.01% |
14,593
+12,606
| +634% | +$580K |
|
|
NUVL
7388
DELISTED
Nuvalent
NUVL
| $829K | ﹤0.01% |
11,270
-20,033
| -64% | -$1.24M |
|
7389
T. Rowe Price Small-Mid Cap ETF
TMSL
$3B
| $828K | ﹤0.01% |
+29,625
| New | +$750K |
|
7390
First Bancorp
FBNC
$2.73B
| $828K | ﹤0.01% |
22,384
+2,464
| +12% | +$77.4K |
|
7391
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$579M
| $828K | ﹤0.01% |
+12,188
| New | +$776K |
|
7392
CALL
Commerce Bancshares
CBSH
$8.6B
| $828K | ﹤0.01% |
17,100
-496
| -3% | -$21.4K |
|
7393
Bruker
BRKR
$8.78B
| $828K | ﹤0.01% |
11,272
-119,138
| -91% | -$7.63M |
|
7394
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$2.06B
| $827K | ﹤0.01% |
12,338
-13,573
| -52% | -$838K |
|
7395
PUT
Capital Southwest
CSWC
$1.57B
| $827K | ﹤0.01% |
34,900
+8,800
| +34% | +$196K |
|
7396
CALL
iShares MSCI USA Min Vol Factor ETF
USMV
$24.2B
| $827K | ﹤0.01% |
10,600
-4,300
| -29% | -$321K |
|
7397
CALL
Crane Co
CR
$12.7B
| $827K | ﹤0.01% |
7,000
-900
| -11% | -$90.7K |
|
7398
ReposiTrak
TRAK
$148M
| $827K | ﹤0.01% |
82,602
+41,332
| +100% | +$405K |
|
7399
PUT
AerSale
ASLE
$278M
| $827K | ﹤0.01% |
65,100
-96,100
| -60% | -$1.39M |
|
7400
CALL
Highwoods Properties
HIW
$3.37B
| $827K | ﹤0.01% |
36,000
+21,000
| +140% | +$418K |
|
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.