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 | |
|---|---|---|---|---|---|---|
|
TLIS
11151
DELISTED
Talis Biomedical Corporation Common Stock
TLIS
| $116K | ﹤0.01% |
15,571
+3,405
| +28% | +$22.2K |
|
11152
Dynagas LNG Partners
DLNG
$140M
| $116K | ﹤0.01% |
41,344
-20,150
| -33% | -$53K |
|
|
TRTX
11153
PUT
TPG RE Finance Trust
TRTX
$609M
| $116K | ﹤0.01% |
17,800
-1,900
| -10% | -$11.5K |
|
|
MCBC
11154
DELISTED
Macatawa Bank Corp
MCBC
| $116K | ﹤0.01% |
+10,256
| New | +$100K |
|
11155
Nuveen Real Estate Income Fund
JRS
$246M
| $115K | ﹤0.01% |
+14,739
| New | +$101K |
|
11156
Lesaka Technologies
LSAK
$407M
| $115K | ﹤0.01% |
+35,524
| New | +$139K |
|
11157
PUT
Arcutis Biotherapeutics
ARQT
$3.29B
| $115K | ﹤0.01% |
35,600
-1,600
| -4% | -$4.35K |
|
11158
CALL
Achieve Life Sciences
ACHV
$779M
| $115K | ﹤0.01% |
+27,900
| New | +$122K |
|
11159
CALL
Senseonics Holdings Inc
SENS
$413M
| $115K | ﹤0.01% |
10,075
+15
| +0.1% | +$171 |
|
11160
Rackspace Technology
RXT
$1.07B
| $115K | ﹤0.01% |
57,277
-43,618
| -43% | -$65.9K |
|
11161
Team
TISI
$101M
| $114K | ﹤0.01% |
17,339
-2
| -0% | -$15 |
|
|
SFIX
11162
Stitch Fix
SFIX
$479M
| $114K | ﹤0.01% |
32,049
-336,919
| -91% | -$1.19M |
|
|
DALN
11163
DELISTED
DallasNews
DALN
| $114K | ﹤0.01% |
26,786
+14,036
| +110% | +$58.6K |
|
11164
Valens Semiconductor
VLN
$210M
| $114K | ﹤0.01% |
46,628
-44,661
| -49% | -$103K |
|
11165
PUT
Kayne Anderson Energy Infrastructure Fund
KYN
$2.51B
| $114K | ﹤0.01% |
13,000
-26,600
| -67% | -$222K |
|
|
NOTV
11166
PUT
DELISTED
Inotiv
NOTV
| $114K | ﹤0.01% |
31,100
-8,400
| -21% | -$21.2K |
|
11167
PUT
Absci
ABSI
$1.58B
| $114K | ﹤0.01% |
27,100
+10,800
| +66% | +$20K |
|
|
YMAB
11168
DELISTED
Y-mAbs Therapeutics
YMAB
| $113K | ﹤0.01% |
16,640
-6,070
| -27% | -$35.1K |
|
|
IGMS
11169
DELISTED
IGM Biosciences
IGMS
| $113K | ﹤0.01% |
+13,656
| New | +$79.3K |
|
11170
CALL
Smith Micro Software
SMSI
$16M
| $113K | ﹤0.01% |
3,395
-2,895
| -46% | -$107K |
|
11171
PUT
Amplify Energy
AMPY
$198M
| $113K | ﹤0.01% |
19,000
-27,800
| -59% | -$179K |
|
11172
Gain Therapeutics
GANX
$90.4M
| $113K | ﹤0.01% |
34,500
-30,726
| -47% | -$85.4K |
|
11173
CALL
Kartoon Studios
TOON
$37.4M
| $113K | ﹤0.01% |
81,000
-6,800
| -8% | -$8.8K |
|
|
DMB
11174
BNY Mellon Municipal Bond Infrastructure Fund
DMB
$198M
| $113K | ﹤0.01% |
10,913
-4,714
| -30% | -$46.3K |
|
|
WOW
11175
DELISTED
WideOpenWest
WOW
| $113K | ﹤0.01% |
27,781
-35,227
| -56% | -$189K |
|
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.