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 | |
|---|---|---|---|---|---|---|
3526
PUT
NextNav
NN
$3.36B
| $5.19M | ﹤0.01% |
333,300
-281,600
| -46% | -$3.75M |
|
3527
CALL
GigaCloud Technology
GCT
$1.85B
| $5.17M | ﹤0.01% |
279,400
-199,700
| -42% | -$4.62M |
|
3528
Axcelis
ACLS
$4.33B
| $5.17M | ﹤0.01% |
74,055
+37,857
| +105% | +$3.14M |
|
|
VRNA
3529
DELISTED
Verona Pharma
VRNA
| $5.17M | ﹤0.01% |
+111,345
| New | +$4.18M |
|
3530
PUT
State Street SPDR S&P Semiconductor ETF
XSD
$2.93B
| $5.17M | ﹤0.01% |
20,800
+1,700
| +9% | +$417K |
|
3531
PUT
Bausch Health
BHC
$2.43B
| $5.16M | ﹤0.01% |
640,300
-53,500
| -8% | -$441K |
|
3532
PUT
CSX Corp
CSX
$92.9B
| $5.16M | ﹤0.01% |
159,900
-212,900
| -57% | -$7.3M |
|
3533
Hawkins
HWKN
$2.74B
| $5.16M | ﹤0.01% |
42,054
+28,395
| +208% | +$3.58M |
|
|
MASI
3534
PUT
DELISTED
Masimo
MASI
| $5.16M | ﹤0.01% |
31,200
-44,500
| -59% | -$7.03M |
|
3535
Oxford Industries
OXM
$543M
| $5.16M | ﹤0.01% |
65,442
+40,932
| +167% | +$3.21M |
|
3536
Steven Madden
SHOO
$3.45B
| $5.16M | ﹤0.01% |
121,243
+111,418
| +1,134% | +$5.02M |
|
3537
PUT
Barclays
BCS
$94.7B
| $5.15M | ﹤0.01% |
387,700
+6,800
| +2% | +$88.1K |
|
3538
Argan
AGX
$8.11B
| $5.15M | ﹤0.01% |
37,583
+20,456
| +119% | +$2.81M |
|
3539
Wintrust Financial
WTFC
$11B
| $5.15M | ﹤0.01% |
41,274
+20,936
| +103% | +$2.59M |
|
3540
Utz Brands
UTZ
$1.26B
| $5.15M | ﹤0.01% |
328,646
+187,591
| +133% | +$3.17M |
|
3541
Schwab US Large- Cap ETF
SCHX
$74.9B
| $5.14M | ﹤0.01% |
221,790
+183,984
| +487% | +$4.29M |
|
3542
ZIM Integrated Shipping Services
ZIM
$3.39B
| $5.14M | ﹤0.01% |
239,442
-337,340
| -58% | -$7.42M |
|
3543
PUT
Visteon
VC
$2.89B
| $5.14M | ﹤0.01% |
57,900
+32,100
| +124% | +$2.93M |
|
3544
CALL
Delek US
DK
$4.01B
| $5.13M | ﹤0.01% |
277,400
+5,700
| +2% | +$102K |
|
3545
State Street SPDR Portfolio High Yield Bond ETF
SPHY
$12.1B
| $5.13M | ﹤0.01% |
+218,372
| New | +$5.18M |
|
3546
CALL
ProShares Ultra Gold
UGL
$801M
| $5.12M | ﹤0.01% |
219,200
+92,800
| +73% | +$2.25M |
|
3547
Asbury Automotive
ABG
$3.78B
| $5.12M | ﹤0.01% |
21,077
+17,688
| +522% | +$4.33M |
|
3548
CALL
Plug Power
PLUG
$3.24B
| $5.12M | ﹤0.01% |
2,404,600
-3,247,200
| -57% | -$7.08M |
|
3549
CALL
Regal Rexnord
RRX
$11.7B
| $5.12M | ﹤0.01% |
33,000
-42,200
| -56% | -$7.13M |
|
|
AVDL
3550
CALL
DELISTED
Avadel Pharmaceuticals
AVDL
| $5.12M | ﹤0.01% |
486,800
-462,100
| -49% | -$5.61M |
|
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.