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 |
Invesco QQQ Trust
QQQ
|
+$1.41B |
| 2 |
Apple
AAPL
|
+$949M |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$788M |
| 4 |
Microsoft
MSFT
|
+$654M |
| 5 |
Broadcom
AVGO
|
+$568M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.26B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$702M |
| 3 |
Tesla
TSLA
|
+$694M |
| 4 |
Micron Technology
MU
|
+$601M |
| 5 |
Strategy Inc
MSTR
|
+$512M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.97% |
| 2 | Financials | 0.89% |
| 3 | Consumer Discretionary | 0.83% |
| 4 | Healthcare | 0.75% |
| 5 | Communication Services | 0.62% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2851
CALL
BlackBerry
BB
$5.22B
| $8.55M | ﹤0.01% |
2,262,600
+1,467,300
| +184% | +$3.9M |
|
|
HOLX
2852
PUT
DELISTED
Hologic
HOLX
| $8.55M | ﹤0.01% |
118,600
-59,300
| -33% | -$4.63M |
|
2853
McCormick & Company Non-Voting
MKC
$14.7B
| $8.55M | ﹤0.01% |
112,118
-38,157
| -25% | -$3M |
|
|
ALTR
2854
PUT
DELISTED
Altair Engineering Inc
ALTR
| $8.54M | ﹤0.01% |
78,300
+53,600
| +217% | +$5.53M |
|
2855
PUT
TPG
TPG
$8.51B
| $8.54M | ﹤0.01% |
135,900
+93,300
| +219% | +$6.13M |
|
2856
PUT
Forward Air
FWRD
$640M
| $8.53M | ﹤0.01% |
264,500
-6,600
| -2% | -$230K |
|
2857
Kadant
KAI
$3.95B
| $8.53M | ﹤0.01% |
24,724
+13,883
| +128% | +$5.04M |
|
|
CNH
2858
PUT
CNH Industrial
CNH
$16.8B
| $8.53M | ﹤0.01% |
752,600
+579,300
| +334% | +$6.59M |
|
2859
WisdomTree India Earnings Fund ETF
EPI
$2.03B
| $8.51M | ﹤0.01% |
187,956
-192,777
| -51% | -$9.14M |
|
2860
Lithia Motors
LAD
$8.3B
| $8.5M | ﹤0.01% |
23,793
+6,223
| +35% | +$2.19M |
|
|
TRTX
2861
CALL
TPG RE Finance Trust
TRTX
$609M
| $8.5M | ﹤0.01% |
1,000,400
-2,200
| -0.2% | -$19.2K |
|
2862
Ovintiv
OVV
$17.4B
| $8.5M | ﹤0.01% |
209,904
-446,668
| -68% | -$18.6M |
|
2863
Modine Manufacturing
MOD
$11.1B
| $8.5M | ﹤0.01% |
73,293
+24,920
| +52% | +$3.21M |
|
2864
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $8.49M | ﹤0.01% |
34,900
-1,114
| -3% | -$260K |
|
2865
PUT
Workiva
WK
$3.84B
| $8.48M | ﹤0.01% |
77,400
+28,500
| +58% | +$2.63M |
|
2866
Columbia Research Enhanced Core ETF
RECS
$6.1B
| $8.47M | ﹤0.01% |
+244,736
| New | +$8.59M |
|
2867
UDR
UDR
$12.2B
| $8.47M | ﹤0.01% |
195,143
+103,161
| +112% | +$4.56M |
|
2868
PUT
Hertz
HTZ
$798M
| $8.46M | ﹤0.01% |
2,312,800
+455,700
| +25% | +$1.65M |
|
2869
Perrigo
PRGO
$1.81B
| $8.45M | ﹤0.01% |
328,823
-50,847
| -13% | -$1.34M |
|
2870
PUT
Canadian Pacific Kansas City
CP
$82.2B
| $8.45M | ﹤0.01% |
116,700
+50,600
| +77% | +$3.9M |
|
2871
CALL
Invesco DB US Dollar Index Bullish Fund
UUP
$413M
| $8.44M | ﹤0.01% |
+286,900
| New | +$8.48M |
|
2872
CALL
Semtech
SMTC
$13.1B
| $8.43M | ﹤0.01% |
136,300
-116,700
| -46% | -$6.16M |
|
2873
CALL
M/I Homes
MHO
$3.85B
| $8.43M | ﹤0.01% |
63,400
-50,100
| -44% | -$7.89M |
|
2874
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $8.43M | ﹤0.01% |
164,800
-57,200
| -26% | -$3.04M |
|
2875
PUT
Dave & Buster's
PLAY
$354M
| $8.43M | ﹤0.01% |
288,700
+40,400
| +16% | +$1.41M |
|
Similar funds
Susquehanna International Group's Q4 2024 Portfolio in Review
As of Q4 2024, Susquehanna International Group held 13,659 positions worth $663B, up 16% from $572B the previous quarter. Its ten largest holdings account for 28% of the portfolio.
Susquehanna International Group deployed $61.2B of net new capital in Q4 2024, opening 1,863 new positions and adding to 5,386 existing holdings. Its largest new stake was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
By sector, the portfolio is most concentrated in Technology at 2% of assets, up from 1.8% a quarter earlier, followed by Financials and Consumer Discretionary.
On the sell side, the largest reduction was iShares 20+ Year Treasury Bond ETF, an estimated $1.26B trimmed.
- Susquehanna International Group's largest Q4 2024 buy was State Street SPDR S&P 400 Mid Cap Value ETF: 1,000,000 shares worth $80.2M.
- Susquehanna International Group added most to Invesco QQQ Trust in Q4 2024, an estimated $1.41B increase.
- Susquehanna International Group's biggest Q4 2024 reduction was iShares 20+ Year Treasury Bond ETF, cutting an estimated $1.26B.
- Susquehanna International Group fully exited NextEra Energy 7.299% Corporate Units in Q4 2024, selling an estimated $112M.
- Susquehanna International Group's ten largest holdings make up 28% of its $663B portfolio in Q4 2024.
- Susquehanna International Group opened 1,863 new positions and closed 1,590 in Q4 2024.
- Susquehanna International Group's portfolio value rose 16% quarter-over-quarter to $663B.
Based on Susquehanna International Group's 13F filing for Q4 2024, filed 14 Feb 2025.