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 | |
|---|---|---|---|---|---|---|
4526
PUT
CareTrust REIT
CTRE
$9.16B
| $2.92M | ﹤0.01% |
+108,100
| New | +$3.23M |
|
|
LKFT
4527
CALL
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $2.92M | ﹤0.01% |
106,300
+54,800
| +106% | +$1.53M |
|
|
AVDL
4528
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.92M | ﹤0.01% |
+277,858
| New | +$3.37M |
|
|
LGF.B
4529
DELISTED
Lions Gate Entertainment Corp. Class B Non-Voting Shares
LGF.B
| $2.92M | ﹤0.01% |
386,471
+998
| +0.3% | +$7K |
|
4530
PUT
Molson Coors Class B
TAP
$7.97B
| $2.92M | ﹤0.01% |
50,900
-44,400
| -47% | -$2.59M |
|
4531
PUT
Vanguard Total International Stock ETF
VXUS
$164B
| $2.92M | ﹤0.01% |
49,500
+6,400
| +15% | +$396K |
|
4532
Home BancShares
HOMB
$6.28B
| $2.92M | ﹤0.01% |
103,030
-3,730
| -3% | -$108K |
|
4533
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $2.91M | ﹤0.01% |
71,446
+5,417
| +8% | +$228K |
|
4534
Navitas Semiconductor
NVTS
$3.77B
| $2.91M | ﹤0.01% |
816,190
+494,174
| +153% | +$1.37M |
|
4535
PUT
Granite Construction
GVA
$5.56B
| $2.91M | ﹤0.01% |
33,200
-11,100
| -25% | -$1M |
|
4536
CALL
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $2.91M | ﹤0.01% |
32,900
-26,900
| -45% | -$2.44M |
|
4537
CALL
Hippo Holdings
HIPO
$872M
| $2.91M | ﹤0.01% |
108,600
+78,100
| +256% | +$1.92M |
|
4538
Invesco S&P 500 Revenue ETF
RWL
$10B
| $2.91M | ﹤0.01% |
+29,677
| New | +$2.97M |
|
4539
PUT
Tenaris
TS
$27B
| $2.9M | ﹤0.01% |
76,800
-55,400
| -42% | -$1.97M |
|
4540
PUT
Cipher Digital
CIFR
$7.41B
| $2.9M | ﹤0.01% |
625,300
-751,700
| -55% | -$4.27M |
|
4541
JPMorgan BetaBuilders Europe ETF
BBEU
$9.52B
| $2.9M | ﹤0.01% |
+52,313
| New | +$3.06M |
|
|
HBI
4542
PUT
DELISTED
Hanesbrands
HBI
| $2.9M | ﹤0.01% |
356,000
-220,500
| -38% | -$1.74M |
|
4543
Expensify
EXFY
$210M
| $2.9M | ﹤0.01% |
864,995
+774,271
| +853% | +$2.08M |
|
4544
Vanguard S&P Mid-Cap 400 Growth ETF
IVOG
$1.74B
| $2.9M | ﹤0.01% |
25,713
+500
| +2% | +$58.7K |
|
4545
CALL
TORM
TRMD
$3.08B
| $2.89M | ﹤0.01% |
148,800
-241,900
| -62% | -$5.9M |
|
4546
CALL
WEX
WEX
$6.54B
| $2.89M | ﹤0.01% |
16,500
+100
| +0.6% | +$18.8K |
|
|
ACB
4547
PUT
Aurora Cannabis
ACB
$233M
| $2.89M | ﹤0.01% |
679,800
-271,600
| -29% | -$1.33M |
|
4548
iPath Series B S&P 500 VIX Short-Term Futures ETN
VXX
$140M
| $2.89M | ﹤0.01% |
63,071
-475,044
| -88% | -$23M |
|
4549
CALL
Simpson Manufacturing
SSD
$7.94B
| $2.89M | ﹤0.01% |
17,400
-13,100
| -43% | -$2.4M |
|
4550
Franklin FTSE Canada ETF
FLCA
$866M
| $2.88M | ﹤0.01% |
78,756
+36,862
| +88% | +$1.4M |
|
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.