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 | |
|---|---|---|---|---|---|---|
3576
Delcath Systems
DCTH
$581M
| $5.04M | ﹤0.01% |
418,609
+343,194
| +455% | +$3.62M |
|
|
HIMX
3577
Himax Technologies
HIMX
$2.66B
| $5.04M | ﹤0.01% |
626,596
+377,218
| +151% | +$2.38M |
|
3578
Madrigal Pharmaceuticals
MDGL
$11.7B
| $5.04M | ﹤0.01% |
16,323
-1,884
| -10% | -$530K |
|
3579
PUT
ScottsMiracle-Gro
SMG
$3.55B
| $5.03M | ﹤0.01% |
75,800
-19,300
| -20% | -$1.53M |
|
3580
Pinnacle West Capital
PNW
$12.3B
| $5.03M | ﹤0.01% |
59,301
+11,410
| +24% | +$1.01M |
|
3581
PUT
H&R Block
HRB
$6.83B
| $5.03M | ﹤0.01% |
95,100
-31,600
| -25% | -$1.86M |
|
3582
CALL
Vanguard Russell 2000 ETF
VTWO
$17.6B
| $5.02M | ﹤0.01% |
56,200
-140,000
| -71% | -$12.9M |
|
3583
Group 1 Automotive
GPI
$3.15B
| $5.01M | ﹤0.01% |
11,896
+8,549
| +255% | +$3.38M |
|
3584
PUT
Regions Financial
RF
$27.2B
| $5.01M | ﹤0.01% |
212,900
-350,500
| -62% | -$8.66M |
|
3585
PUT
Unum
UNM
$14.8B
| $5M | ﹤0.01% |
68,500
+20,500
| +43% | +$1.41M |
|
3586
Ardelyx
ARDX
$1.05B
| $5M | ﹤0.01% |
986,443
-755,048
| -43% | -$4.17M |
|
3587
CALL
TripAdvisor
TRIP
$1.26B
| $5M | ﹤0.01% |
338,600
+80,500
| +31% | +$1.18M |
|
3588
CALL
Reinsurance Group of America
RGA
$16.3B
| $5M | ﹤0.01% |
23,400
+4,700
| +25% | +$1.02M |
|
3589
CALL
SiTime
SITM
$21.4B
| $5M | ﹤0.01% |
23,300
-27,100
| -54% | -$5.52M |
|
3590
Invesco S&P MidCap Quality ETF
XMHQ
$5.68B
| $5M | ﹤0.01% |
+50,745
| New | +$5.25M |
|
3591
CALL
Honda
HMC
$41B
| $4.99M | ﹤0.01% |
174,900
+127,600
| +270% | +$3.61M |
|
3592
CALL
CVR Energy
CVI
$3.54B
| $4.99M | ﹤0.01% |
266,400
+110,100
| +70% | +$2.23M |
|
3593
Teleflex
TFX
$5.81B
| $4.99M | ﹤0.01% |
28,036
+15,074
| +116% | +$3.1M |
|
3594
CALL
Energy Fuels
UUUU
$3.77B
| $4.99M | ﹤0.01% |
972,100
+846,800
| +676% | +$5.24M |
|
3595
PUT
Halozyme
HALO
$11.2B
| $4.99M | ﹤0.01% |
104,300
+25,500
| +32% | +$1.31M |
|
3596
CALL
SM Energy
SM
$8.03B
| $4.98M | ﹤0.01% |
128,400
+31,800
| +33% | +$1.34M |
|
3597
CALL
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $4.98M | ﹤0.01% |
43,500
+4,000
| +10% | +$451K |
|
3598
KB Home
KBH
$3.44B
| $4.96M | ﹤0.01% |
75,469
+39,168
| +108% | +$3.05M |
|
3599
Banc of California
BANC
$3.13B
| $4.96M | ﹤0.01% |
320,662
+103,715
| +48% | +$1.64M |
|
3600
KraneShares Bosera MSCI China A 50 Connect Index ETF
KBA
$147M
| $4.96M | ﹤0.01% |
211,354
+105,345
| +99% | +$2.63M |
|
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.