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 | |
|---|---|---|---|---|---|---|
9201
PUT
Funko
FNKO
$344M
| $390K | ﹤0.01% |
50,400
+10,700
| +27% | +$77.3K |
|
9202
CALL
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $389K | ﹤0.01% |
12,100
-3,100
| -20% | -$90K |
|
9203
Unitil
UTL
$995M
| $389K | ﹤0.01% |
7,402
-10,388
| -58% | -$503K |
|
9204
PUT
Odyssey Marine Exploration
OMEX
$52.9M
| $389K | ﹤0.01% |
83,600
-87,200
| -51% | -$318K |
|
9205
Corvus Pharmaceuticals
CRVS
$1.25B
| $388K | ﹤0.01% |
220,296
+92,328
| +72% | +$135K |
|
9206
CALL
1stdibs.com
DIBS
$165M
| $388K | ﹤0.01% |
+82,800
| New | +$349K |
|
9207
eHealth
EHTH
$39.1M
| $387K | ﹤0.01% |
44,406
-48,364
| -52% | -$395K |
|
9208
Global X Social Media ETF
SOCL
$92.9M
| $387K | ﹤0.01% |
+9,590
| New | +$360K |
|
9209
iRadimed
IRMD
$1.11B
| $387K | ﹤0.01% |
8,148
-4,970
| -38% | -$209K |
|
9210
Tucows
TCX
$126M
| $387K | ﹤0.01% |
14,325
+1,368
| +11% | +$29.1K |
|
9211
Brandes US Value ETF
BUSA
$322M
| $387K | ﹤0.01% |
+13,971
| New | +$362K |
|
9212
FS KKR Capital
FSK
$3.42B
| $387K | ﹤0.01% |
+19,355
| New | +$380K |
|
9213
iShares International Equity Factor ETF
INTF
$3.77B
| $386K | ﹤0.01% |
13,781
-33,568
| -71% | -$885K |
|
|
FLNA
9214
Filana Therapeutics
FLNA
$44.1M
| $386K | ﹤0.01% |
17,146
-5,212
| -23% | -$110K |
|
9215
Health Catalyst
HCAT
$139M
| $386K | ﹤0.01% |
41,677
+189
| +0.5% | +$1.54K |
|
9216
CALL
ProShares Short S&P500
SH
$841M
| $386K | ﹤0.01% |
7,425
-53,850
| -88% | -$3.02M |
|
9217
FT Vest US Equity Moderate Buffer ETF September
GSEP
$345M
| $386K | ﹤0.01% |
+12,203
| New | +$371K |
|
|
SBDS
9218
CALL
DELISTED
Solo Brands Inc
SBDS
| $386K | ﹤0.01% |
1,565
+575
| +58% | +$112K |
|
9219
The RMR Group
RMR
$346M
| $386K | ﹤0.01% |
+13,658
| New | +$334K |
|
9220
Vera Therapeutics
VERA
$2.28B
| $386K | ﹤0.01% |
25,068
+5,767
| +30% | +$73.2K |
|
|
TWOU
9221
DELISTED
2U Inc
TWOU
| $385K | ﹤0.01% |
10,440
+6,311
| +153% | +$308K |
|
9222
PUT
Aemetis
AMTX
$128M
| $385K | ﹤0.01% |
73,500
-71,700
| -49% | -$339K |
|
9223
Invesco S&P SmallCap Information Technology ETF
PSCT
$518M
| $385K | ﹤0.01% |
7,982
+414
| +5% | +$18K |
|
9224
Hartford US Value ETF
VMAX
$50.8M
| $385K | ﹤0.01% |
+9,102
| New | +$377K |
|
9225
Nuveen ESG Mid-Cap Growth ETF
NUMG
$374M
| $384K | ﹤0.01% |
9,081
-24,403
| -73% | -$927K |
|
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.