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 | |
|---|---|---|---|---|---|---|
8776
CALL
National Health Investors
NHI
$3.58B
| $469K | ﹤0.01% |
8,400
+1,900
| +29% | +$101K |
|
|
BWIN
8777
Baldwin Insurance Group
BWIN
$3.05B
| $469K | ﹤0.01% |
+19,525
| New | +$415K |
|
8778
Caleres
CAL
$449M
| $469K | ﹤0.01% |
+15,255
| New | +$430K |
|
8779
CALL
Powell Industries
POWL
$7.78B
| $469K | ﹤0.01% |
15,900
-9,000
| -36% | -$251K |
|
8780
PUT
Invesco DB Base Metals Fund
DBB
$315M
| $468K | ﹤0.01% |
+25,600
| New | +$470K |
|
8781
Direxion Daily S&P 500 Bear 1X ETF
SPDN
$198M
| $468K | ﹤0.01% |
35,231
-10,387
| -23% | -$149K |
|
8782
Goldman Sachs Future Tech Leaders Equity ETF
GTEK
$251M
| $468K | ﹤0.01% |
16,800
-48,258
| -74% | -$1.2M |
|
|
SOND
8783
CALL
DELISTED
Sonder
SOND
| $468K | ﹤0.01% |
138,100
+12,100
| +10% | +$69.9K |
|
8784
CALL
PCB Bancorp
PCB
$399M
| $468K | ﹤0.01% |
25,400
-3,100
| -11% | -$50.1K |
|
8785
PUT
Amplitude
AMPL
$1.63B
| $468K | ﹤0.01% |
36,800
+15,200
| +70% | +$169K |
|
8786
SI-BONE Inc
SIBN
$848M
| $467K | ﹤0.01% |
22,270
+11,809
| +113% | +$218K |
|
|
KNDI
8787
CALL
Kandi Technologies Group
KNDI
$63M
| $467K | ﹤0.01% |
166,900
-25,000
| -13% | -$76.6K |
|
8788
PUT
State Street SPDR Dow Jones REIT ETF
RWR
$1.89B
| $467K | ﹤0.01% |
4,900
-100
| -2% | -$8.6K |
|
8789
Pagaya Technologies
PGY
$1.8B
| $466K | ﹤0.01% |
28,162
-20,136
| -42% | -$328K |
|
8790
Franklin FTSE Mexico ETF
FLMX
$83.8M
| $466K | ﹤0.01% |
+14,067
| New | +$418K |
|
8791
FlexShares Quality Dividend Defensive Index Fund
QDEF
$562M
| $466K | ﹤0.01% |
7,890
-13,940
| -64% | -$782K |
|
8792
iShares GNMA Bond ETF
GNMA
$432M
| $466K | ﹤0.01% |
10,522
-19,313
| -65% | -$816K |
|
8793
Scholastic
SCHL
$781M
| $465K | ﹤0.01% |
12,336
-2,945
| -19% | -$113K |
|
|
SOVO
8794
DELISTED
Sovos Brands, Inc. Common Stock
SOVO
| $465K | ﹤0.01% |
21,108
+10,885
| +106% | +$239K |
|
8795
National Beverage
FIZZ
$2.93B
| $465K | ﹤0.01% |
9,346
-29,385
| -76% | -$1.41M |
|
8796
PUT
Rocket Pharmaceuticals
RCKT
$381M
| $465K | ﹤0.01% |
15,500
-11,900
| -43% | -$263K |
|
8797
Rayonier
RYN
$6.49B
| $464K | ﹤0.01% |
15,323
-14,782
| -49% | -$395K |
|
8798
NCR Voyix
VYX
$1.13B
| $464K | ﹤0.01% |
27,464
-54,137
| -66% | -$864K |
|
8799
PUT
Under Armour Class C
UA
$2.26B
| $464K | ﹤0.01% |
55,600
-24,400
| -31% | -$176K |
|
8800
PUT
Pegasystems
PEGA
$5.31B
| $464K | ﹤0.01% |
19,000
-90,200
| -83% | -$2.11M |
|
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.