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 | |
|---|---|---|---|---|---|---|
4076
PUT
SM Energy
SM
$8.03B
| $3.71M | ﹤0.01% |
95,800
-15,800
| -14% | -$667K |
|
4077
PUT
Eldorado Gold
EGO
$10.4B
| $3.71M | ﹤0.01% |
249,600
+57,300
| +30% | +$946K |
|
4078
CALL
Frontier Group Holdings
ULCC
$1.54B
| $3.71M | ﹤0.01% |
522,000
+376,100
| +258% | +$2.35M |
|
4079
CALL
Build-A-Bear
BBW
$481M
| $3.71M | ﹤0.01% |
80,600
+16,100
| +25% | +$626K |
|
4080
Lumen
LUMN
$6.93B
| $3.71M | ﹤0.01% |
698,294
+455,292
| +187% | +$3.14M |
|
4081
Equinox Gold
EQX
$13.5B
| $3.71M | ﹤0.01% |
738,414
-799,169
| -52% | -$4.47M |
|
4082
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.8M
| $3.71M | ﹤0.01% |
70,198
+55,234
| +369% | +$3.24M |
|
4083
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $3.71M | ﹤0.01% |
51,112
+15,592
| +44% | +$954K |
|
4084
CALL
Masco
MAS
$14.7B
| $3.7M | ﹤0.01% |
51,000
-36,100
| -41% | -$2.89M |
|
4085
CALL
Fortrea Holdings
FTRE
$1.66B
| $3.7M | ﹤0.01% |
198,300
+172,000
| +654% | +$3.35M |
|
4086
Vanguard Mortgage-Backed Securities ETF
VMBS
$15.6B
| $3.69M | ﹤0.01% |
+81,481
| New | +$3.75M |
|
|
HIVE
4087
HIVE Digital Technologies
HIVE
$736M
| $3.69M | ﹤0.01% |
1,296,257
+16,037
| +1% | +$60.1K |
|
4088
Generac Holdings
GNRC
$12.9B
| $3.69M | ﹤0.01% |
23,810
+8,612
| +57% | +$1.49M |
|
4089
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $3.69M | ﹤0.01% |
+19,596
| New | +$3.81M |
|
4090
ProShares Ultra Bloomberg Crude Oil
UCO
$430M
| $3.69M | ﹤0.01% |
134,032
+98,924
| +282% | +$2.63M |
|
4091
Installed Building Products
IBP
$6.39B
| $3.68M | ﹤0.01% |
21,004
+15,208
| +262% | +$3.31M |
|
4092
InfraCap MLP ETF
AMZA
$484M
| $3.68M | ﹤0.01% |
85,990
-3,939
| -4% | -$167K |
|
4093
FNB Corp
FNB
$6.93B
| $3.68M | ﹤0.01% |
248,877
+51,329
| +26% | +$787K |
|
|
4094
PUT
Build-A-Bear
BBW
$481M
| $3.67M | ﹤0.01% |
79,800
-9,200
| -10% | -$358K |
|
4095
PUT
Cedar Fair
FUN
$1.68B
| $3.67M | ﹤0.01% |
76,200
-36,400
| -32% | -$1.6M |
|
4096
Carter's
CRI
$1.42B
| $3.67M | ﹤0.01% |
67,750
+4,380
| +7% | +$251K |
|
4097
Alpha Metallurgical Resources
AMR
$2.11B
| $3.67M | ﹤0.01% |
18,342
+10,965
| +149% | +$2.46M |
|
4098
CALL
Remitly
RELY
$5.54B
| $3.67M | ﹤0.01% |
162,600
+118,400
| +268% | +$2.18M |
|
4099
Applied Digital
APLD
$8.98B
| $3.66M | ﹤0.01% |
478,873
-23,819
| -5% | -$198K |
|
4100
CALL
iRhythm Holdings
IRTC
$4.17B
| $3.65M | ﹤0.01% |
40,500
-77,500
| -66% | -$6.09M |
|
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.