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 | |
|---|---|---|---|---|---|---|
4701
Associated Banc-Corp
ASB
$6.11B
| $2.66M | ﹤0.01% |
111,370
+18,591
| +20% | +$455K |
|
4702
PUT
Bit Digital
BTBT
$566M
| $2.66M | ﹤0.01% |
908,300
+428,000
| +89% | +$1.68M |
|
4703
PUT
NNN REIT
NNN
$8.83B
| $2.66M | ﹤0.01% |
65,100
+53,800
| +476% | +$2.38M |
|
4704
VictoryShares US 500 Volatility Wtd ETF
CFA
$556M
| $2.66M | ﹤0.01% |
31,292
+7,684
| +33% | +$672K |
|
|
CIVI
4705
DELISTED
Civitas Resources
CIVI
| $2.65M | ﹤0.01% |
57,797
-2,897
| -5% | -$144K |
|
4706
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $2.65M | ﹤0.01% |
48,778
+15,423
| +46% | +$867K |
|
4707
PUT
Establishment Labs
ESTA
$2.37B
| $2.65M | ﹤0.01% |
57,500
+8,700
| +18% | +$379K |
|
4708
PUT
Bread Financial
BFH
$4.58B
| $2.64M | ﹤0.01% |
43,300
-173,200
| -80% | -$9.79M |
|
4709
CALL
United Bankshares
UBSI
$6.71B
| $2.64M | ﹤0.01% |
70,400
-21,200
| -23% | -$835K |
|
|
INFA
4710
DELISTED
Informatica
INFA
| $2.64M | ﹤0.01% |
101,889
-136,299
| -57% | -$3.57M |
|
|
SCHR
4711
Schwab Intermediately-Term US Treasury ETF
SCHR
$13.3B
| $2.64M | ﹤0.01% |
+108,704
| New | +$2.67M |
|
4712
CALL
MoonLake Immunotherapeutics
MLTX
$1.4B
| $2.63M | ﹤0.01% |
48,600
+30,100
| +163% | +$1.54M |
|
4713
PUT
Compass
COMP
$9.99B
| $2.63M | ﹤0.01% |
449,800
+154,300
| +52% | +$977K |
|
|
XIFR
4714
XPLR Infrastructure LP
XIFR
$1.11B
| $2.63M | ﹤0.01% |
147,823
-152,131
| -51% | -$3.04M |
|
4715
CALL
ProShares Short QQQ
PSQ
$636M
| $2.63M | ﹤0.01% |
70,300
-52,100
| -43% | -$1.99M |
|
4716
CALL
Omeros
OMER
$1.24B
| $2.63M | ﹤0.01% |
266,000
+131,600
| +98% | +$903K |
|
|
GOOS
4717
Canada Goose Holdings
GOOS
$854M
| $2.62M | ﹤0.01% |
261,564
+50,710
| +24% | +$518K |
|
4718
Virtu Financial
VIRT
$5.3B
| $2.62M | ﹤0.01% |
73,512
-1,279
| -2% | -$44K |
|
4719
WisdomTree Trust WisdomTree US SmallCap Quality Dividend Growth Fund
DGRS
$417M
| $2.62M | ﹤0.01% |
51,167
+32,355
| +172% | +$1.71M |
|
4720
CALL
Progress Software
PRGS
$1.79B
| $2.62M | ﹤0.01% |
40,200
-300
| -0.7% | -$20K |
|
4721
Blue Ridge Bankshares
BRBS
$331M
| $2.62M | ﹤0.01% |
813,238
+486,344
| +149% | +$1.53M |
|
4722
CALL
Ramaco Resources Class A
METC
$777M
| $2.62M | ﹤0.01% |
261,058
-60,492
| -19% | -$672K |
|
4723
Fidelity Enhanced International ETF
FENI
$11.4B
| $2.62M | ﹤0.01% |
+95,015
| New | +$2.72M |
|
4724
CALL
Celldex Therapeutics
CLDX
$3.29B
| $2.62M | ﹤0.01% |
103,500
-4,500
| -4% | -$122K |
|
4725
Western New England Bancorp
WNEB
$278M
| $2.61M | ﹤0.01% |
284,223
+184,907
| +186% | +$1.67M |
|
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.