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 | |
|---|---|---|---|---|---|---|
7751
Global Net Lease
GNL
$2.03B
| $714K | ﹤0.01% |
71,740
+19,591
| +38% | +$171K |
|
7752
EVgo
EVGO
$519M
| $714K | ﹤0.01% |
199,334
-313,760
| -61% | -$929K |
|
7753
Post Holdings
POST
$3.67B
| $713K | ﹤0.01% |
8,101
-114,566
| -93% | -$9.72M |
|
7754
Designer Brands
DBI
$299M
| $713K | ﹤0.01% |
80,601
+9,318
| +13% | +$98.1K |
|
|
SLRN
7755
CALL
DELISTED
ACELYRIN
SLRN
| $712K | ﹤0.01% |
95,500
+71,100
| +291% | +$607K |
|
7756
United States Gasoline Fund
UGA
$138M
| $712K | ﹤0.01% |
11,724
+3,424
| +41% | +$214K |
|
7757
JPMorgan Diversified Return US Small Cap Equity ETF
JPSE
$611M
| $710K | ﹤0.01% |
16,127
-4
| -0% | -$160 |
|
|
TE
7758
CALL
T1 Energy
TE
$1.51B
| $710K | ﹤0.01% |
379,700
-272,600
| -42% | -$735K |
|
7759
ProShares UltraShort Yen
YCS
$30M
| $710K | ﹤0.01% |
+20,592
| New | +$769K |
|
7760
Aldeyra Therapeutics
ALDX
$94.1M
| $710K | ﹤0.01% |
202,196
-139,214
| -41% | -$430K |
|
7761
iShares International Developed Real Estate ETF
IFGL
$82.2M
| $709K | ﹤0.01% |
32,597
+19,101
| +142% | +$374K |
|
7762
Perma-Fix Environmental Services
PESI
$369M
| $709K | ﹤0.01% |
90,232
+6,435
| +8% | +$54.4K |
|
7763
PUT
WPP
WPP
$5.8B
| $709K | ﹤0.01% |
14,900
-4,300
| -22% | -$193K |
|
7764
CALL
Vanguard Short-Term Bond ETF
BSV
$45.7B
| $709K | ﹤0.01% |
9,200
+5,000
| +119% | +$378K |
|
7765
Vanguard Short-Term Tax-Exempt Bond ETF
VTES
$2.23B
| $708K | ﹤0.01% |
+6,984
| New | +$696K |
|
7766
PUT
Corporacion America
CAAP
$6.33B
| $708K | ﹤0.01% |
+44,100
| New | +$583K |
|
|
HI
7767
CALL
DELISTED
Hillenbrand
HI
| $708K | ﹤0.01% |
14,800
+9,500
| +179% | +$389K |
|
7768
ETRACS Alerian MLP Index ETN Series B due July 18 2042
AMUB
$61.4M
| $707K | ﹤0.01% |
+44,182
| New | +$699K |
|
7769
Claros Mortgage Trust
CMTG
$257M
| $706K | ﹤0.01% |
51,831
-46,311
| -47% | -$551K |
|
7770
CALL
Heritage Insurance Holdings
HRTG
$1.01B
| $705K | ﹤0.01% |
108,200
+80,000
| +284% | +$551K |
|
7771
John Wiley & Sons Class A
WLY
$2.61B
| $705K | ﹤0.01% |
22,207
-10,929
| -33% | -$342K |
|
7772
Nuveen Quality Municipal Income Fund
NAD
$2.77B
| $705K | ﹤0.01% |
61,531
-9,370
| -13% | -$98.9K |
|
7773
iShares Semiconductor ETF
SOXX
$43.7B
| $704K | ﹤0.01% |
3,666
-12,441
| -77% | -$2.09M |
|
7774
CALL
Sonoco
SON
$5.76B
| $704K | ﹤0.01% |
12,600
-11,000
| -47% | -$597K |
|
7775
PUT
Xometry
XMTR
$5.52B
| $704K | ﹤0.01% |
19,600
-20,900
| -52% | -$448K |
|
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.