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 | |
|---|---|---|---|---|---|---|
8051
CALL
Trinity Capital Inc
TRIN
$1.72B
| $629K | ﹤0.01% |
+43,300
| New | +$622K |
|
8052
Covenant Logistics
CVLG
$886M
| $628K | ﹤0.01% |
27,300
+2,158
| +9% | +$46.2K |
|
8053
PUT
Vaalco Energy
EGY
$608M
| $628K | ﹤0.01% |
139,900
-309,900
| -69% | -$1.36M |
|
8054
Byline Bancorp
BY
$1.78B
| $628K | ﹤0.01% |
26,657
-3,036
| -10% | -$62.9K |
|
|
ROIC
8055
DELISTED
Retail Opportunity Investments Corp.
ROIC
| $628K | ﹤0.01% |
44,757
-127,064
| -74% | -$1.6M |
|
8056
CALL
Monte Rosa Therapeutics
GLUE
$1.32B
| $628K | ﹤0.01% |
111,100
+80,000
| +257% | +$314K |
|
|
EEX
8057
DELISTED
Emerald Holding
EEX
| $627K | ﹤0.01% |
+104,895
| New | +$551K |
|
8058
PUT
Ambev
ABEV
$43.2B
| $627K | ﹤0.01% |
224,000
-294,500
| -57% | -$795K |
|
8059
PUT
Constellium
CSTM
$4.01B
| $627K | ﹤0.01% |
31,400
-56,600
| -64% | -$991K |
|
8060
CALL
Daktronics
DAKT
$986M
| $627K | ﹤0.01% |
73,900
-38,600
| -34% | -$369K |
|
8061
CALL
iShares US Energy ETF
IYE
$1.82B
| $627K | ﹤0.01% |
14,200
-2,000
| -12% | -$89.9K |
|
8062
PUT
Liberty Media Series A
FWONA
$23.9B
| $626K | ﹤0.01% |
+10,800
| New | +$635K |
|
8063
BP
BP
$110B
| $626K | ﹤0.01% |
17,670
-141,017
| -89% | -$5.16M |
|
8064
Gabelli Equity Trust
GAB
$1.8B
| $625K | ﹤0.01% |
+123,102
| New | +$617K |
|
8065
First Trust S&P REIT Index Fund
FRI
$204M
| $625K | ﹤0.01% |
23,805
+2,292
| +11% | +$54.3K |
|
8066
CALL
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $624K | ﹤0.01% |
15,000
+9,900
| +194% | +$375K |
|
8067
CALL
Encore Capital Group
ECPG
$2.2B
| $624K | ﹤0.01% |
+12,300
| New | +$558K |
|
8068
PUT
CONMED
CNMD
$1.51B
| $624K | ﹤0.01% |
5,700
-16,200
| -74% | -$1.68M |
|
8069
Merchants Bancorp
MBIN
$2.52B
| $624K | ﹤0.01% |
+14,655
| New | +$482K |
|
8070
DocGo
DCGO
$65.9M
| $624K | ﹤0.01% |
111,582
-209,304
| -65% | -$1.2M |
|
|
FIF
8071
DELISTED
FIRST TRUST ENERGY INFRASTRUCTURE FUND
FIF
| $624K | ﹤0.01% |
+37,880
| New | +$595K |
|
8072
Brixmor Property Group
BRX
$9.2B
| $623K | ﹤0.01% |
26,792
+9,398
| +54% | +$202K |
|
8073
CALL
Quanterix
QTRX
$122M
| $623K | ﹤0.01% |
22,800
-51,600
| -69% | -$1.21M |
|
|
VZIO
8074
CALL
DELISTED
VIZIO Holding Corp.
VZIO
| $623K | ﹤0.01% |
80,900
-61,800
| -43% | -$387K |
|
8075
CALL
IDEAYA Biosciences
IDYA
$3.49B
| $623K | ﹤0.01% |
17,500
+2,900
| +20% | +$86.6K |
|
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.