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 | |
|---|---|---|---|---|---|---|
5101
PUT
Cogent Communications
CCOI
$579M
| $2.19M | ﹤0.01% |
28,400
-71,000
| -71% | -$5.66M |
|
|
CSW
5102
CALL
CSW Industrials
CSW
$5.62B
| $2.19M | ﹤0.01% |
6,200
-2,900
| -32% | -$1.13M |
|
5103
PUT
Virtu Financial
VIRT
$5.3B
| $2.19M | ﹤0.01% |
61,300
-9,400
| -13% | -$323K |
|
5104
PUT
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $2.19M | ﹤0.01% |
42,000
+16,100
| +62% | +$882K |
|
5105
Eldorado Gold
EGO
$10.4B
| $2.19M | ﹤0.01% |
147,047
+128,450
| +691% | +$2.12M |
|
5106
Delek Logistics
DKL
$2.87B
| $2.18M | ﹤0.01% |
51,679
+13,786
| +36% | +$550K |
|
|
LIAX
5107
DELISTED
LifeX 2063 Inflation-Protected Longevity Income ETF
LIAX
| $2.18M | ﹤0.01% |
+8,372
| New | +$2.28M |
|
5108
CALL
Hudbay
HBM
$11.9B
| $2.18M | ﹤0.01% |
269,500
-57,400
| -18% | -$515K |
|
5109
iShares Genomics Immunology and Healthcare ETF
IDNA
$208M
| $2.18M | ﹤0.01% |
96,365
+62,797
| +187% | +$1.51M |
|
5110
PUT
Invitation Homes
INVH
$18B
| $2.18M | ﹤0.01% |
68,200
-75,900
| -53% | -$2.53M |
|
5111
CALL
First Trust Cloud Computing ETF
SKYY
$3.31B
| $2.18M | ﹤0.01% |
18,300
-200
| -1% | -$23K |
|
5112
Kulicke & Soffa
KLIC
$5.19B
| $2.18M | ﹤0.01% |
46,699
+23,529
| +102% | +$1.1M |
|
5113
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $2.18M | ﹤0.01% |
+39,362
| New | +$2.28M |
|
|
RNAM
5114
DELISTED
Avidity Biosciences
RNAM
| $2.18M | ﹤0.01% |
74,892
+41,679
| +125% | +$1.74M |
|
5115
Graphic Packaging
GPK
$3.38B
| $2.18M | ﹤0.01% |
80,141
+95
| +0.1% | +$2.75K |
|
5116
ProShares MSCI EAFE Dividend Growers ETF
EFAD
$64M
| $2.18M | ﹤0.01% |
58,822
+9,561
| +19% | +$374K |
|
5117
Hanover Insurance
THG
$7.84B
| $2.18M | ﹤0.01% |
14,069
+6,175
| +78% | +$957K |
|
5118
Invesco BulletShares 2032 Corporate Bond ETF
BSCW
$1.52B
| $2.18M | ﹤0.01% |
108,195
+65,134
| +151% | +$1.33M |
|
5119
CALL
Coty
COTY
$2.51B
| $2.18M | ﹤0.01% |
312,600
+63,500
| +25% | +$488K |
|
5120
FLEX LNG
FLNG
$1.67B
| $2.17M | ﹤0.01% |
94,802
+54,969
| +138% | +$1.33M |
|
5121
PUT
Paylocity
PCTY
$7.87B
| $2.17M | ﹤0.01% |
10,900
-2,300
| -17% | -$440K |
|
|
TPH
5122
DELISTED
Tri Pointe Homes
TPH
| $2.17M | ﹤0.01% |
59,959
-14,580
| -20% | -$608K |
|
5123
PUT
ProShares Ultra Dow30
DDM
$542M
| $2.17M | ﹤0.01% |
45,600
-36,000
| -44% | -$1.79M |
|
5124
CALL
Icahn Enterprises
IEP
$5.27B
| $2.17M | ﹤0.01% |
250,600
-292,900
| -54% | -$3.54M |
|
5125
eHealth
EHTH
$39.1M
| $2.17M | ﹤0.01% |
231,136
+101,566
| +78% | +$564K |
|
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.