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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
General Dynamics
GD
$107B
| $16.3M | ﹤0.01% |
57,553
-122,463
| -68% | -$32.8M |
|
2002
PUT
iShares MSCI South Korea ETF
EWY
$27.7B
| $16.2M | ﹤0.01% |
242,100
+163,800
| +209% | +$10.4M |
|
2003
PUT
BridgeBio Pharma
BBIO
$15.7B
| $16.2M | ﹤0.01% |
525,400
+151,100
| +40% | +$5.14M |
|
|
SKX
2004
CALL
DELISTED
Skechers
SKX
| $16.2M | ﹤0.01% |
264,700
-214,400
| -45% | -$13.1M |
|
2005
CALL
-1x Short VIX Futures ETF
SVIX
$173M
| $16.2M | ﹤0.01% |
382,600
+75,400
| +25% | +$2.99M |
|
2006
Tidewater
TDW
$4.73B
| $16.2M | ﹤0.01% |
175,877
-45,204
| -20% | -$3.37M |
|
2007
CALL
JPMorgan Equity Premium Income ETF
JEPI
$46.3B
| $16.2M | ﹤0.01% |
279,600
-5,300
| -2% | -$299K |
|
2008
Pultegroup
PHM
$24.8B
| $16.1M | ﹤0.01% |
133,875
-177,133
| -57% | -$19M |
|
2009
PUT
Ecolab
ECL
$77.4B
| $16.1M | ﹤0.01% |
69,900
+17,300
| +33% | +$3.67M |
|
2010
Travelers Companies
TRV
$77.4B
| $16.1M | ﹤0.01% |
70,088
-4,209
| -6% | -$899K |
|
2011
PUT
Fidelity National Information Services
FIS
$22.2B
| $16.1M | ﹤0.01% |
217,100
-104,400
| -32% | -$6.8M |
|
2012
CALL
Murphy USA
MUSA
$10.5B
| $16.1M | ﹤0.01% |
38,400
+800
| +2% | +$313K |
|
2013
Ralph Lauren
RL
$23.2B
| $16.1M | ﹤0.01% |
85,676
+60,603
| +242% | +$10M |
|
2014
PUT
IQVIA
IQV
$39.2B
| $16.1M | ﹤0.01% |
63,600
+50,100
| +371% | +$11.7M |
|
|
CTLT
2015
PUT
DELISTED
CATALENT, INC.
CTLT
| $16.1M | ﹤0.01% |
284,600
+158,400
| +126% | +$8.58M |
|
2016
CALL
United Therapeutics
UTHR
$21.4B
| $16.1M | ﹤0.01% |
69,900
+24,200
| +53% | +$5.46M |
|
2017
PUT
SoundHound AI
SOUN
$3.3B
| $16.1M | ﹤0.01% |
2,726,100
+2,228,500
| +448% | +$8.83M |
|
2018
CALL
AerCap
AER
$23.8B
| $16M | ﹤0.01% |
184,500
+34,300
| +23% | +$2.69M |
|
2019
Roper Technologies
ROP
$39.6B
| $16M | ﹤0.01% |
28,586
-24,475
| -46% | -$13.4M |
|
|
GRMN
2020
PUT
Garmin
GRMN
$59.8B
| $16M | ﹤0.01% |
107,500
+65,600
| +157% | +$8.65M |
|
2021
CALL
Aramark
ARMK
$16.3B
| $16M | ﹤0.01% |
491,800
-283,900
| -37% | -$8.55M |
|
2022
CALL
iShares Russell 1000 ETF
IWB
$50.4B
| $16M | ﹤0.01% |
55,500
-35,800
| -39% | -$9.81M |
|
2023
State Street SPDR S&P Homebuilders ETF
XHB
$1.59B
| $16M | ﹤0.01% |
143,237
+49,857
| +53% | +$4.98M |
|
2024
Arm
ARM
$297B
| $16M | ﹤0.01% |
+127,848
| New | +$13.5M |
|
2025
CALL
Markel Group
MKL
$22.9B
| $16M | ﹤0.01% |
10,500
| – | – |
|
Similar funds
Susquehanna International Group's Q1 2024 Portfolio in Review
As of Q1 2024, Susquehanna International Group held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Susquehanna International Group's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Susquehanna International Group fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Susquehanna International Group's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Susquehanna International Group opened 1,661 new positions and closed 1,849 in Q1 2024.
- Susquehanna International Group's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.