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 | |
|---|---|---|---|---|---|---|
3851
Energy Transfer Partners
ET
$72.5B
| $4.26M | ﹤0.01% |
217,652
-887,626
| -80% | -$15.7M |
|
3852
Amplify Cybersecurity ETF
HACK
$2.98B
| $4.26M | ﹤0.01% |
57,221
-28,253
| -33% | -$2.05M |
|
3853
PUT
Park Hotels & Resorts
PK
$3.05B
| $4.26M | ﹤0.01% |
302,500
+162,800
| +117% | +$2.39M |
|
3854
PUT
iShares MSCI United Kingdom ETF
EWU
$4.13B
| $4.25M | ﹤0.01% |
125,300
+64,100
| +105% | +$2.28M |
|
3855
PUT
Deutsche Bank
DB
$72.5B
| $4.25M | ﹤0.01% |
249,100
-106,100
| -30% | -$1.82M |
|
|
AGNT
3856
CALL
AGNT Inc
AGNT
$727M
| $4.24M | ﹤0.01% |
368,800
+45,300
| +14% | +$597K |
|
3857
Oceaneering
OII
$5.2B
| $4.24M | ﹤0.01% |
162,605
-35,639
| -18% | -$943K |
|
3858
PUT
Fluence Energy
FLNC
$2.43B
| $4.24M | ﹤0.01% |
266,900
+198,500
| +290% | +$3.88M |
|
3859
Performance Food Group
PFGC
$16.8B
| $4.24M | ﹤0.01% |
50,114
-29,962
| -37% | -$2.53M |
|
3860
PUT
Helen of Troy
HELE
$704M
| $4.24M | ﹤0.01% |
70,800
-75,100
| -51% | -$4.99M |
|
3861
AdaptHealth
AHCO
$775M
| $4.23M | ﹤0.01% |
444,526
+432,257
| +3,523% | +$4.37M |
|
3862
iShares Currency Hedged MSCI EAFE ETF
HEFA
$7.79B
| $4.23M | ﹤0.01% |
121,649
+96,678
| +387% | +$3.41M |
|
3863
Victory Capital Holdings
VCTR
$7.27B
| $4.23M | ﹤0.01% |
64,567
+43,443
| +206% | +$2.75M |
|
|
SA
3864
Seabridge Gold
SA
$3.62B
| $4.22M | ﹤0.01% |
370,055
-278,387
| -43% | -$4.29M |
|
|
CVSA
3865
Covista Inc
CVSA
$4.49B
| $4.22M | ﹤0.01% |
46,460
+33,344
| +254% | +$2.79M |
|
3866
PUT
VanEck High Yield Muni ETF
HYD
$4.4B
| $4.22M | ﹤0.01% |
81,300
+66,500
| +449% | +$3.48M |
|
3867
TripAdvisor
TRIP
$1.26B
| $4.22M | ﹤0.01% |
285,388
+262,785
| +1,163% | +$3.84M |
|
3868
CALL
Olin
OLN
$2.18B
| $4.21M | ﹤0.01% |
124,500
+18,400
| +17% | +$769K |
|
3869
iShares 10-20 Year Treasury Bond ETF
TLH
$10.8B
| $4.2M | ﹤0.01% |
42,225
-27,019
| -39% | -$2.8M |
|
3870
Reynolds Consumer Products
REYN
$5.53B
| $4.19M | ﹤0.01% |
155,355
+110,503
| +246% | +$3.13M |
|
3871
iShares US Treasury Bond ETF
GOVT
$43.7B
| $4.19M | ﹤0.01% |
+182,317
| New | +$4.16M |
|
3872
CALL
Pilgrim's Pride
PPC
$6.64B
| $4.19M | ﹤0.01% |
92,300
-4,400
| -5% | -$214K |
|
3873
CALL
Enovis
ENOV
$1.5B
| $4.18M | ﹤0.01% |
95,200
+30,600
| +47% | +$1.34M |
|
3874
Empire State Realty Trust
ESRT
$822M
| $4.18M | ﹤0.01% |
404,680
+196,451
| +94% | +$2.13M |
|
3875
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.17M | ﹤0.01% |
65,743
-54,138
| -45% | -$3.61M |
|
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.