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 | |
|---|---|---|---|---|---|---|
11101
CALL
Haleon
HLN
$42.7B
| $123K | ﹤0.01% |
15,000
-15,500
| -51% | -$128K |
|
|
MUE
11102
DELISTED
BlackRock MuniHoldings Quality Fund II
MUE
| $123K | ﹤0.01% |
12,310
-8,007
| -39% | -$75.1K |
|
|
CYPH
11103
CALL
Cypherpunk Technologies Inc
CYPH
$69.4M
| $123K | ﹤0.01% |
29,700
+10,500
| +55% | +$22.7K |
|
11104
PUT
Offerpad Solutions
OPAD
$21.5M
| $123K | ﹤0.01% |
+1,200
| New | +$109K |
|
11105
CALL
Summit Therapeutics
SMMT
$10.6B
| $123K | ﹤0.01% |
47,100
-535,100
| -92% | -$1.1M |
|
11106
Lifetime Brands
LCUT
$226M
| $123K | ﹤0.01% |
+18,263
| New | +$107K |
|
11107
Reading International Class A
RDI
$36.6M
| $123K | ﹤0.01% |
+64,152
| New | +$123K |
|
11108
CALL
Byrna Technologies
BYRN
$95.5M
| $122K | ﹤0.01% |
19,100
-18,500
| -49% | -$90.4K |
|
|
PLYA
11109
DELISTED
Playa Hotels & Resorts
PLYA
| $122K | ﹤0.01% |
14,095
-39,127
| -74% | -$295K |
|
11110
CALL
Zevra Therapeutics
ZVRA
$672M
| $122K | ﹤0.01% |
18,600
-28,200
| -60% | -$132K |
|
|
MRDN
11111
Meridian Holdings Inc
MRDN
$181M
| $122K | ﹤0.01% |
4,203
+3,168
| +306% | +$94.5K |
|
11112
Precigen
PGEN
$2.18B
| $121K | ﹤0.01% |
90,561
-61,452
| -40% | -$72.2K |
|
11113
Invesco Municipal Income Opportunities Trust
OIA
$294M
| $121K | ﹤0.01% |
19,106
+7,593
| +66% | +$44.4K |
|
|
SOND
11114
DELISTED
Sonder
SOND
| $121K | ﹤0.01% |
+35,764
| New | +$207K |
|
11115
VTEX
VTEX
$618M
| $121K | ﹤0.01% |
17,599
-5,005
| -22% | -$30.5K |
|
11116
PUT
NuScale Power
SMR
$3.85B
| $121K | ﹤0.01% |
36,800
-71,200
| -66% | -$253K |
|
11117
PUT
Rigetti Computing
RGTI
$6.28B
| $121K | ﹤0.01% |
123,200
-18,100
| -13% | -$20.6K |
|
11118
Nkarta
NKTX
$167M
| $121K | ﹤0.01% |
18,285
-236,838
| -93% | -$614K |
|
11119
Polen Capital Global Growth ETF
PCGG
$6.07M
| $120K | ﹤0.01% |
+11,493
| New | +$113K |
|
|
ASRT
11120
DELISTED
Assertio
ASRT
| $120K | ﹤0.01% |
7,504
-1,723
| -19% | -$42.6K |
|
11121
CALL
BeyondSpring
BYSI
$34.5M
| $120K | ﹤0.01% |
134,900
+5,500
| +4% | +$5.05K |
|
11122
PUT
Rockwell Medical
RMTI
$29.2M
| $120K | ﹤0.01% |
6,350
-6,470
| -50% | -$122K |
|
11123
ClearPoint Neuro
CLPT
$468M
| $120K | ﹤0.01% |
+17,663
| New | +$100K |
|
|
XRN
11124
PUT
Chiron Real Estate Inc
XRN
$491M
| $120K | ﹤0.01% |
2,160
-280
| -11% | -$13.6K |
|
|
FRGE
11125
CALL
DELISTED
Forge Global Holdings
FRGE
| $120K | ﹤0.01% |
2,327
+1,334
| +134% | +$56.6K |
|
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.