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
| 1 |
NVIDIA
NVDA
|
$2.28B |
| 2 |
Microsoft
MSFT
|
$593M |
| 3 |
iShares 20+ Year Treasury Bond ETF
TLT
|
$572M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
$435M |
| 5 |
Meta Platforms (Facebook)
META
|
$354M |
Top Sells
| 1 |
Invesco QQQ Trust
QQQ
|
$2.72B |
| 2 |
SPDR S&P 500 ETF Trust
SPY
|
$1.83B |
| 3 |
iShares Russell 2000 ETF
IWM
|
$803M |
| 4 |
Apple
AAPL
|
$730M |
| 5 |
American Express
AXP
|
$563M |
Sector Composition
| 1 | Technology | 21.38% |
| 2 | Consumer Discretionary | 13.14% |
| 3 | Financials | 9.34% |
| 4 | Communication Services | 8.4% |
| 5 | Healthcare | 7.47% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Shares Change % | Capital Flow | |
|---|---|---|---|---|---|---|
|
226
American Express
AXP
$227B
| $43.1M | 0.01% |
247,507
-3,233,690
| -93% | -$563M |
|
227
First Citizens BancShares
FCNCA
$24.9B
| $42.9M | 0.01% |
33,445
+8,879
| +36% | +$11.4M |
|
228
Halliburton
HAL
$18.8B
| $42.5M | 0.01% |
1,288,078
+413,505
| +47% | +$13.6M |
|
229
Air Products & Chemicals
APD
$64.5B
| $42.5M | 0.01% |
141,772
-83,693
| -37% | -$25.1M |
|
230
Cenovus Energy
CVE
$28.7B
| $42.1M | 0.01% |
2,480,731
-961,538
| -28% | -$16.3M |
|
231
Vulcan Materials
VMC
$39B
| $41.7M | 0.01% |
184,865
-56,514
| -23% | -$12.7M |
|
232
MGM Resorts International
MGM
$9.98B
| $41.5M | 0.01% |
944,778
+143,516
| +18% | +$6.3M |
|
233
Republic Services
RSG
$71.7B
| $41.1M | 0.01% |
268,352
-33,484
| -11% | -$5.13M |
|
234
Constellation Energy
CEG
$94.2B
| $41.1M | 0.01% |
448,389
+55,064
| +14% | +$5.04M |
|
235
State Street
STT
$32B
| $41M | 0.01% |
560,751
+205,361
| +58% | +$15M |
|
236
Cencora
COR
$56.7B
| $40.2M | 0.01% |
209,115
-37,840
| -15% | -$7.28M |
|
237
Honeywell
HON
$136B
| $39.5M | 0.01% |
190,357
-354,888
| -65% | -$73.6M |
|
|
X
238
DELISTED
US Steel
X
| $39.4M | 0.01% |
1,574,963
+775,511
| +97% | +$19.4M |
|
239
SBA Communications
SBAC
$21.2B
| $39.3M | 0.01% |
169,633
+95,611
| +129% | +$22.2M |
|
240
iShares MSCI EAFE Value ETF
EFV
$27.8B
| $39M | 0.01% |
796,043
+486,564
| +157% | +$23.8M |
|
241
General Dynamics
GD
$86.8B
| $38.9M | 0.01% |
180,712
+56,889
| +46% | +$12.2M |
|
242
Automatic Data Processing
ADP
$120B
| $37.9M | 0.01% |
172,637
-144,427
| -46% | -$31.7M |
|
243
BioMarin Pharmaceuticals
BMRN
$11.1B
| $37.9M | 0.01% |
437,478
+89,563
| +26% | +$7.76M |
|
244
Industrial Select Sector SPDR Fund
XLI
$23.1B
| $37.7M | 0.01% |
351,048
+12,690
| +4% | +$1.36M |
|
245
S&P Global
SPGI
$164B
| $37.5M | 0.01% |
93,554
-84,861
| -48% | -$34M |
|
246
Canadian Natural Resources
CNQ
$63.2B
| $37.5M | 0.01% |
1,333,000
-7,840
| -0.6% | -$221K |
|
247
Illinois Tool Works
ITW
$77.6B
| $37.3M | 0.01% |
149,137
+7,272
| +5% | +$1.82M |
|
248
Welltower
WELL
$112B
| $37.3M | 0.01% |
461,123
+200,673
| +77% | +$16.2M |
|
249
Marsh & McLennan
MMC
$100B
| $37.2M | 0.01% |
197,866
-181,139
| -48% | -$34.1M |
|
250
Vanguard Real Estate ETF
VNQ
$34.7B
| $36.8M | 0.01% |
440,548
-322,745
| -42% | -$27M |
|