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 | |
|---|---|---|---|---|---|---|
3926
CALL
Ascendis Pharma A/S
ASND
$16.3B
| $4.05M | ﹤0.01% |
29,400
-91,900
| -76% | -$12.1M |
|
3927
PUT
Icon
ICLR
$12.6B
| $4.05M | ﹤0.01% |
19,300
-7,800
| -29% | -$1.82M |
|
3928
State Street SPDR S&P 600 Small Cap Value ETF
SLYV
$5.13B
| $4.05M | ﹤0.01% |
46,383
-10,497
| -18% | -$938K |
|
3929
PUT
Viridian Therapeutics
VRDN
$2.5B
| $4.05M | ﹤0.01% |
211,100
+111,600
| +112% | +$2.43M |
|
3930
Matador Resources
MTDR
$6.64B
| $4.05M | ﹤0.01% |
71,906
-47,518
| -40% | -$2.62M |
|
3931
United Parks & Resorts
PRKS
$2.04B
| $4.04M | ﹤0.01% |
71,941
+17,696
| +33% | +$970K |
|
3932
Vanguard FTSE All-World ex-US Small-Cap Index Fund
VSS
$12B
| $4.04M | ﹤0.01% |
35,305
-90,940
| -72% | -$10.9M |
|
3933
On Holding
ONON
$10.8B
| $4.04M | ﹤0.01% |
73,725
+12,059
| +20% | +$639K |
|
3934
WisdomTree Trust WisdomTree China ex-State-Owned Enterprises Fund
CXSE
$495M
| $4.04M | ﹤0.01% |
135,064
+21,231
| +19% | +$679K |
|
3935
PUT
Dover
DOV
$27.9B
| $4.03M | ﹤0.01% |
21,500
-34,300
| -61% | -$6.71M |
|
3936
PUT
iShares Russell 2000 Growth ETF
IWO
$15.2B
| $4.03M | ﹤0.01% |
14,000
-5,500
| -28% | -$1.63M |
|
3937
First Trust Mid Cap Core AlphaDEX Fund
FNX
$1.42B
| $4.03M | ﹤0.01% |
34,814
+31,014
| +816% | +$3.71M |
|
3938
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $4.03M | ﹤0.01% |
42,100
+10,200
| +32% | +$1M |
|
3939
DigitalBridge
DBRG
$2.94B
| $4.02M | ﹤0.01% |
356,408
+136,199
| +62% | +$1.83M |
|
3940
CALL
Weyerhaeuser
WY
$17.7B
| $4.02M | ﹤0.01% |
142,800
-153,700
| -52% | -$4.8M |
|
3941
CALL
iShares Select Dividend ETF
DVY
$24.1B
| $4.02M | ﹤0.01% |
30,600
+1,400
| +5% | +$191K |
|
3942
Arcosa
ACA
$7.14B
| $4.01M | ﹤0.01% |
41,472
+19,588
| +90% | +$1.97M |
|
3943
PUT
Canadian National Railway
CNI
$76.7B
| $4.01M | ﹤0.01% |
39,500
-32,000
| -45% | -$3.5M |
|
3944
Tenable Holdings
TENB
$4.22B
| $4.01M | ﹤0.01% |
101,789
+61,404
| +152% | +$2.55M |
|
|
AD
3945
CALL
Array Digital Infrastructure
AD
$3.11B
| $4.01M | ﹤0.01% |
63,900
+11,900
| +23% | +$727K |
|
3946
PUT
EPR Properties
EPR
$4.69B
| $4.01M | ﹤0.01% |
90,500
-29,700
| -25% | -$1.36M |
|
3947
State Street SPDR S&P Metals & Mining ETF
XME
$4.53B
| $4M | ﹤0.01% |
70,517
+4,461
| +7% | +$287K |
|
3948
PUT
Ares Management
ARES
$32.5B
| $4M | ﹤0.01% |
22,600
-114,000
| -83% | -$19.5M |
|
3949
PUT
MaxLinear
MXL
$7.69B
| $4M | ﹤0.01% |
202,200
-102,700
| -34% | -$1.65M |
|
3950
Qorvo
QRVO
$8.66B
| $4M | ﹤0.01% |
57,158
+4,681
| +9% | +$375K |
|
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.