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 | |
|---|---|---|---|---|---|---|
4026
Hawaiian Electric Industries
HE
$2.03B
| $3.84M | ﹤0.01% |
394,530
-206,745
| -34% | -$2.09M |
|
4027
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $3.84M | ﹤0.01% |
28,351
-9,918
| -26% | -$1.4M |
|
4028
CALL
Madison Square Garden
MSGS
$9.8B
| $3.84M | ﹤0.01% |
17,000
-38,700
| -69% | -$8.64M |
|
4029
PUT
Vulcan Materials
VMC
$36.5B
| $3.83M | ﹤0.01% |
14,900
-2,000
| -12% | -$538K |
|
4030
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $3.83M | ﹤0.01% |
59,775
+51,459
| +619% | +$3.38M |
|
4031
PUT
Danaos Corp
DAC
$2.58B
| $3.83M | ﹤0.01% |
47,800
-27,900
| -37% | -$2.3M |
|
|
TMHC
4032
DELISTED
Taylor Morrison
TMHC
| $3.83M | ﹤0.01% |
62,517
+5,902
| +10% | +$403K |
|
4033
iShares MSCI Europe Small-Cap ETF
IEUS
$185M
| $3.82M | ﹤0.01% |
71,288
+14,761
| +26% | +$831K |
|
4034
Q2 Holdings
QTWO
$4.04B
| $3.82M | ﹤0.01% |
37,973
+33,375
| +726% | +$3.17M |
|
4035
PUT
Levi Strauss
LEVI
$8.68B
| $3.82M | ﹤0.01% |
220,700
-180,900
| -45% | -$3.2M |
|
4036
Under Armour
UAA
$2.3B
| $3.82M | ﹤0.01% |
460,911
-1,075,773
| -70% | -$9.83M |
|
4037
CALL
Marriott Vacations Worldwide
VAC
$4.16B
| $3.81M | ﹤0.01% |
42,400
+36,600
| +631% | +$3.17M |
|
4038
iShares US Industrials ETF
IYJ
$1.97B
| $3.8M | ﹤0.01% |
28,491
+14,362
| +102% | +$1.98M |
|
4039
VanEck Pharmaceutical ETF
PPH
$985M
| $3.8M | ﹤0.01% |
44,075
+15,604
| +55% | +$1.41M |
|
4040
AMC Global Media
AMCX
$510M
| $3.8M | ﹤0.01% |
383,774
+149,155
| +64% | +$1.32M |
|
|
TEN
4041
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $3.79M | ﹤0.01% |
218,795
+32,369
| +17% | +$676K |
|
4042
PUT
Newell Brands
NWL
$2.66B
| $3.79M | ﹤0.01% |
380,700
-782,200
| -67% | -$7.1M |
|
4043
Alight
ALIT
$372M
| $3.79M | ﹤0.01% |
27,380
+17,133
| +167% | +$2.52M |
|
4044
CALL
Aaon
AAON
$7.24B
| $3.79M | ﹤0.01% |
32,200
+12,000
| +59% | +$1.47M |
|
4045
Zions Bancorporation
ZION
$10.5B
| $3.79M | ﹤0.01% |
69,823
-130,794
| -65% | -$7.17M |
|
4046
PUT
Fortrea Holdings
FTRE
$1.66B
| $3.79M | ﹤0.01% |
203,100
+187,000
| +1,161% | +$3.64M |
|
4047
PUT
Mid-America Apartment Communities
MAA
$15.5B
| $3.79M | ﹤0.01% |
24,500
-114,200
| -82% | -$17.8M |
|
|
CVGW
4048
DELISTED
Calavo Growers
CVGW
| $3.79M | ﹤0.01% |
148,492
+32,227
| +28% | +$877K |
|
4049
Medpace
MEDP
$16.1B
| $3.79M | ﹤0.01% |
11,393
-13,183
| -54% | -$4.47M |
|
4050
Icahn Enterprises
IEP
$5.27B
| $3.79M | ﹤0.01% |
+436,565
| New | +$5.28M |
|
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.