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 | |
|---|---|---|---|---|---|---|
3401
B2Gold
BTG
$6.79B
| $5.71M | ﹤0.01% |
2,339,663
-1,586,314
| -40% | -$4.66M |
|
3402
Bright Horizons
BFAM
$3.75B
| $5.71M | ﹤0.01% |
51,492
-4,698
| -8% | -$565K |
|
3403
CALL
B&G Foods
BGS
$294M
| $5.7M | ﹤0.01% |
827,900
-304,300
| -27% | -$2.29M |
|
3404
CALL
Webster Financial
WBS
$12.8B
| $5.7M | ﹤0.01% |
103,300
+64,000
| +163% | +$3.52M |
|
3405
PUT
Frontline
FRO
$9.17B
| $5.7M | ﹤0.01% |
401,600
+78,600
| +24% | +$1.47M |
|
3406
PUT
Plains GP Holdings
PAGP
$5.11B
| $5.69M | ﹤0.01% |
309,600
+148,900
| +93% | +$2.77M |
|
3407
CALL
Aehr Test Systems
AEHR
$4.37B
| $5.69M | ﹤0.01% |
342,100
+215,600
| +170% | +$2.87M |
|
3408
F5
FFIV
$22.8B
| $5.69M | ﹤0.01% |
22,616
-3,609
| -14% | -$863K |
|
3409
PUT
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $5.69M | ﹤0.01% |
143,100
+45,700
| +47% | +$1.58M |
|
3410
PUT
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $5.68M | ﹤0.01% |
206,600
+57,000
| +38% | +$1.51M |
|
3411
CALL
PJT Partners
PJT
$4.46B
| $5.68M | ﹤0.01% |
36,000
+13,400
| +59% | +$2.04M |
|
3412
PUT
Viatris
VTRS
$18.6B
| $5.68M | ﹤0.01% |
456,200
-396,500
| -46% | -$4.87M |
|
3413
PUT
VeriSign
VRSN
$25.7B
| $5.67M | ﹤0.01% |
27,400
-255,600
| -90% | -$48.1M |
|
3414
CALL
Fluence Energy
FLNC
$2.43B
| $5.65M | ﹤0.01% |
355,600
-173,300
| -33% | -$3.39M |
|
3415
CALL
Rollins
ROL
$17.4B
| $5.65M | ﹤0.01% |
121,800
+7,800
| +7% | +$382K |
|
3416
CALL
EVgo
EVGO
$519M
| $5.64M | ﹤0.01% |
1,393,500
-129,200
| -8% | -$821K |
|
3417
PUT
Amphenol
APH
$206B
| $5.64M | ﹤0.01% |
81,200
-435,000
| -84% | -$30.5M |
|
3418
CALL
Algonquin Power & Utilities
AQN
$4.53B
| $5.63M | ﹤0.01% |
1,265,700
+1,112,600
| +727% | +$5.37M |
|
3419
Varonis Systems
VRNS
$5.17B
| $5.63M | ﹤0.01% |
126,769
+36,811
| +41% | +$1.91M |
|
3420
Invesco Solar ETF
TAN
$1.36B
| $5.62M | ﹤0.01% |
169,774
+43,172
| +34% | +$1.59M |
|
|
3421
CALL
Varonis Systems
VRNS
$5.17B
| $5.62M | ﹤0.01% |
126,500
+71,500
| +130% | +$3.72M |
|
3422
CALL
Parsons
PSN
$5.12B
| $5.62M | ﹤0.01% |
60,900
-5,600
| -8% | -$571K |
|
3423
Capital Group Global Growth Equity ETF
CGGO
$12.1B
| $5.61M | ﹤0.01% |
192,103
+122,718
| +177% | +$3.68M |
|
3424
Enpro
NPO
$7.27B
| $5.61M | ﹤0.01% |
32,537
+26,213
| +415% | +$4.43M |
|
|
CHX
3425
DELISTED
ChampionX
CHX
| $5.61M | ﹤0.01% |
206,171
-100,411
| -33% | -$2.99M |
|
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.