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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2826
PUT
Axcelis
ACLS
$4.33B
| $8.43M | ﹤0.01% |
75,600
-55,800
| -42% | -$6.65M |
|
2827
PUT
ProShares Ultra Semiconductors
USD
$2.96B
| $8.41M | ﹤0.01% |
339,200
+108,400
| +47% | +$2.11M |
|
|
BCPC
2828
CALL
Balchem Corp
BCPC
$5.69B
| $8.4M | ﹤0.01% |
54,200
+47,500
| +709% | +$7.04M |
|
2829
CALL
Tradeweb Markets
TW
$22.4B
| $8.4M | ﹤0.01% |
80,600
+9,900
| +14% | +$995K |
|
2830
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $8.4M | ﹤0.01% |
32,200
+700
| +2% | +$172K |
|
2831
CALL
GlobalFoundries
GFS
$30B
| $8.39M | ﹤0.01% |
161,100
-14,900
| -8% | -$816K |
|
2832
CALL
Boise Cascade
BCC
$2.9B
| $8.39M | ﹤0.01% |
54,700
-5,400
| -9% | -$729K |
|
2833
Icon
ICLR
$12.6B
| $8.39M | ﹤0.01% |
24,960
+24,175
| +3,080% | +$7.13M |
|
2834
CALL
Bio-Rad Laboratories Class A
BIO
$9.53B
| $8.37M | ﹤0.01% |
24,200
-36,800
| -60% | -$12.1M |
|
2835
PUT
State Street SPDR Bloomberg High Yield Bond ETF
JNK
$7.32B
| $8.37M | ﹤0.01% |
87,900
-106,100
| -55% | -$10M |
|
2836
CALL
Helen of Troy
HELE
$704M
| $8.37M | ﹤0.01% |
72,600
-59,100
| -45% | -$7.06M |
|
2837
Fortive
FTV
$18.6B
| $8.36M | ﹤0.01% |
128,992
-174,912
| -58% | -$10.6M |
|
2838
PUT
Viatris
VTRS
$18.6B
| $8.36M | ﹤0.01% |
700,100
-195,900
| -22% | -$2.36M |
|
2839
Consolidated Edison
ED
$40.2B
| $8.35M | ﹤0.01% |
91,935
-40,523
| -31% | -$3.63M |
|
|
AVDX
2840
CALL
DELISTED
AvidXchange
AVDX
| $8.34M | ﹤0.01% |
634,600
+269,900
| +74% | +$3.24M |
|
2841
PUT
Hawaiian Electric Industries
HE
$2.03B
| $8.34M | ﹤0.01% |
740,400
+199,400
| +37% | +$2.53M |
|
2842
PUT
New Oriental
EDU
$8.36B
| $8.34M | ﹤0.01% |
96,100
-537,300
| -85% | -$45.6M |
|
2843
CALL
Asana
ASAN
$2.11B
| $8.34M | ﹤0.01% |
538,200
-255,500
| -32% | -$4.57M |
|
2844
Global Payments
GPN
$24.6B
| $8.33M | ﹤0.01% |
62,356
-8,511
| -12% | -$1.13M |
|
|
ACB
2845
CALL
Aurora Cannabis
ACB
$233M
| $8.33M | ﹤0.01% |
1,898,500
+1,759,270
| +1,264% | +$6.81M |
|
2846
Synchrony
SYF
$26.4B
| $8.33M | ﹤0.01% |
193,260
+31,548
| +20% | +$1.26M |
|
2847
CALL
iShares US Medical Devices ETF
IHI
$3.46B
| $8.33M | ﹤0.01% |
142,100
+97,000
| +215% | +$5.48M |
|
2848
Illumina
ILMN
$28.8B
| $8.33M | ﹤0.01% |
62,324
-140,832
| -69% | -$18.9M |
|
2849
CALL
BWX Technologies
BWXT
$15.9B
| $8.32M | ﹤0.01% |
81,100
-34,000
| -30% | -$3.04M |
|
2850
PUT
Eastman Chemical
EMN
$8.47B
| $8.32M | ﹤0.01% |
83,000
+32,600
| +65% | +$2.87M |
|
Similar funds
Susquehanna International Group's Q1 2024 Portfolio in Review
As of Q1 2024, Susquehanna International Group held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Susquehanna International Group's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Susquehanna International Group fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Susquehanna International Group's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Susquehanna International Group opened 1,661 new positions and closed 1,849 in Q1 2024.
- Susquehanna International Group's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.