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 | |
|---|---|---|---|---|---|---|
|
BKCC
8626
DELISTED
BlackRock Capital Investment Corporation
BKCC
| $496K | ﹤0.01% |
128,224
+15,964
| +14% | +$58.1K |
|
8627
CALL
Fennec Pharmaceuticals
FENC
$411M
| $496K | ﹤0.01% |
44,200
+27,900
| +171% | +$231K |
|
8628
ZTO Express
ZTO
$17.4B
| $496K | ﹤0.01% |
23,298
-33,954
| -59% | -$771K |
|
8629
Protolabs
PRLB
$2.2B
| $496K | ﹤0.01% |
+12,719
| New | +$412K |
|
8630
Allegiant Air
ALGT
$2.34B
| $495K | ﹤0.01% |
5,997
-36,856
| -86% | -$2.66M |
|
|
AGEN
8631
Agenus
AGEN
$329M
| $495K | ﹤0.01% |
29,906
-7,332
| -20% | -$121K |
|
|
VZIO
8632
PUT
DELISTED
VIZIO Holding Corp.
VZIO
| $495K | ﹤0.01% |
64,300
+23,800
| +59% | +$149K |
|
8633
Vanguard US Minimum Volatility ETF
VFMV
$447M
| $495K | ﹤0.01% |
4,731
+1,318
| +39% | +$132K |
|
|
AGEN
8634
CALL
Agenus
AGEN
$329M
| $495K | ﹤0.01% |
29,795
-3,600
| -11% | -$59.6K |
|
8635
Innovator US Equity Ultra Buffer ETF April
UAPR
$159M
| $494K | ﹤0.01% |
18,009
+9,581
| +114% | +$253K |
|
8636
CALL
Allegion
ALLE
$14B
| $494K | ﹤0.01% |
3,900
-38,800
| -91% | -$4.14M |
|
8637
CALL
Brookfield Renewable
BEP
$10.4B
| $494K | ﹤0.01% |
18,800
-200
| -1% | -$4.74K |
|
8638
CALL
Diana Shipping
DSX
$309M
| $494K | ﹤0.01% |
166,300
-81,406
| -33% | -$225K |
|
8639
Adeia
ADEA
$3.29B
| $494K | ﹤0.01% |
39,852
+22,311
| +127% | +$215K |
|
8640
PUT
1-800-Flowers.com
FLWS
$262M
| $494K | ﹤0.01% |
45,800
-64,800
| -59% | -$554K |
|
8641
INmune Bio
INMB
$60.2M
| $494K | ﹤0.01% |
43,836
+11,995
| +38% | +$101K |
|
|
OPA
8642
DELISTED
Magnum Opus Acquisition Limited
OPA
| $493K | ﹤0.01% |
45,731
-5,959
| -12% | -$63.9K |
|
8643
Anterix
ATEX
$1.79B
| $493K | ﹤0.01% |
14,808
-23,891
| -62% | -$771K |
|
8644
CALL
UMB Financial
UMBF
$11.5B
| $493K | ﹤0.01% |
+5,900
| New | +$415K |
|
8645
PUT
Sun Life Financial
SLF
$45.1B
| $493K | ﹤0.01% |
9,500
+3,100
| +48% | +$153K |
|
8646
Boston Omaha
BOC
$420M
| $492K | ﹤0.01% |
31,293
+14,713
| +89% | +$223K |
|
8647
PUT
Global Net Lease
GNL
$2.03B
| $492K | ﹤0.01% |
49,400
-38,400
| -44% | -$336K |
|
8648
Schwab International Dividend Equity ETF
SCHY
$2.53B
| $492K | ﹤0.01% |
19,989
+4,168
| +26% | +$97.3K |
|
8649
Palomar
PLMR
$3.37B
| $492K | ﹤0.01% |
8,856
+4,111
| +87% | +$230K |
|
8650
PUT
CubeSmart
CUBE
$9.34B
| $491K | ﹤0.01% |
10,600
-43,300
| -80% | -$1.7M |
|
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.