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 | |
|---|---|---|---|---|---|---|
8676
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $486K | ﹤0.01% |
+4,204
| New | +$597K |
|
|
PWSC
8677
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $485K | ﹤0.01% |
20,605
-41,875
| -67% | -$922K |
|
8678
CTS Corp
CTS
$1.81B
| $485K | ﹤0.01% |
11,098
+5,088
| +85% | +$205K |
|
8679
VanEck Durable High Dividend ETF
DURA
$39.5M
| $485K | ﹤0.01% |
+15,651
| New | +$470K |
|
8680
PUT
ESAB
ESAB
$5.27B
| $485K | ﹤0.01% |
5,600
-1,400
| -20% | -$106K |
|
8681
Perdoceo Education
PRDO
$2B
| $485K | ﹤0.01% |
27,595
-13,003
| -32% | -$229K |
|
8682
PUT
Hycroft Mining Holding Corp
HYMC
$2.52B
| $484K | ﹤0.01% |
197,700
+178,840
| +948% | +$431K |
|
8683
PUT
Zymeworks
ZYME
$1.78B
| $484K | ﹤0.01% |
46,600
-7,300
| -14% | -$58.2K |
|
8684
Celestica
CLS
$42.3B
| $484K | ﹤0.01% |
16,525
-281,444
| -94% | -$7.49M |
|
8685
ProShares S&P 500 ex-Health Care ETF
SPXV
$41.7M
| $484K | ﹤0.01% |
9,616
-2,144
| -18% | -$101K |
|
|
NBGR
8686
DELISTED
Neuberger Berman Global Real Estate ETF
NBGR
| $484K | ﹤0.01% |
+17,397
| New | +$436K |
|
|
RNAM
8687
CALL
DELISTED
Avidity Biosciences
RNAM
| $483K | ﹤0.01% |
53,400
+26,500
| +99% | +$177K |
|
8688
CALL
Anterix
ATEX
$1.79B
| $483K | ﹤0.01% |
14,500
-12,100
| -45% | -$390K |
|
8689
PUT
Root
ROOT
$797M
| $483K | ﹤0.01% |
46,100
-38,900
| -46% | -$386K |
|
|
JPUS
8690
CALL
JPMorgan Diversified Return US Equity ETF
JPUS
$469M
| $483K | ﹤0.01% |
+4,700
| New | +$453K |
|
|
RC
8691
PUT
Ready Capital
RC
$306M
| $483K | ﹤0.01% |
47,100
+10,200
| +28% | +$104K |
|
8692
CALL
Embecta
EMBC
$289M
| $483K | ﹤0.01% |
25,500
+12,800
| +101% | +$210K |
|
8693
RCI Hospitality Holdings
RICK
$236M
| $482K | ﹤0.01% |
7,279
-9,414
| -56% | -$549K |
|
|
8694
ESAB
ESAB
$5.27B
| $482K | ﹤0.01% |
+5,568
| New | +$422K |
|
8695
Certara
CERT
$1.22B
| $482K | ﹤0.01% |
27,409
-2,229
| -8% | -$32.7K |
|
8696
PUT
Acadia Healthcare
ACHC
$2.87B
| $482K | ﹤0.01% |
6,200
-8,500
| -58% | -$629K |
|
8697
iShares MSCI Kuwait ETF
KWT
$69.2M
| $482K | ﹤0.01% |
15,668
+1,019
| +7% | +$30.5K |
|
8698
Timothy Plan International ETF
TPIF
$267M
| $482K | ﹤0.01% |
18,215
+9,417
| +107% | +$230K |
|
8699
PUT
UFP Technologies
UFPT
$2.49B
| $482K | ﹤0.01% |
2,800
+1,000
| +56% | +$162K |
|
|
GOL
8700
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $482K | ﹤0.01% |
133,039
-44,973
| -25% | -$148K |
|
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.