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 | 0.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
551
PUT
Roblox
RBLX
$26.6B
| $130M | 0.02% |
3,411,800
+214,200
| +7% | +$8.69M |
|
552
CALL
Archer Daniels Midland
ADM
$38.7B
| $130M | 0.02% |
2,067,100
+879,800
| +74% | +$51.6M |
|
553
PUT
Union Pacific
UNP
$174B
| $130M | 0.02% |
526,900
-726,200
| -58% | -$179M |
|
554
CALL
Expedia Group
EXPE
$38.4B
| $130M | 0.02% |
940,400
-47,800
| -5% | -$6.79M |
|
555
PUT
Cadence Design Systems
CDNS
$90.6B
| $129M | 0.02% |
416,000
+150,000
| +56% | +$44.4M |
|
556
CALL
United States Oil Fund
USO
$1.77B
| $129M | 0.02% |
1,641,600
-1,989,400
| -55% | -$144M |
|
557
PUT
Microchip Technology
MCHP
$45.2B
| $129M | 0.02% |
1,434,400
+492,100
| +52% | +$42.4M |
|
558
CALL
Cameco
CCJ
$43B
| $128M | 0.02% |
2,958,200
-1,448,600
| -33% | -$63.5M |
|
559
PUT
Wayfair
W
$14.5B
| $128M | 0.02% |
1,887,000
+293,300
| +18% | +$16.6M |
|
560
PUT
Zillow
Z
$7.65B
| $128M | 0.02% |
2,620,500
+843,300
| +47% | +$45.9M |
|
561
Johnson & Johnson
JNJ
$628B
| $126M | 0.02% |
798,827
-319,871
| -29% | -$50.9M |
|
562
CALL
SLB Ltd
SLB
$79.9B
| $126M | 0.02% |
2,303,800
-237,100
| -9% | -$12M |
|
563
PUT
HCA Healthcare
HCA
$89.8B
| $126M | 0.02% |
378,300
-222,200
| -37% | -$67.9M |
|
564
CALL
Rivian
RIVN
$23.5B
| $126M | 0.02% |
11,506,800
-4,876,800
| -30% | -$70.3M |
|
565
CALL
Schwab US Dividend Equity ETF
SCHD
$107B
| $126M | 0.02% |
4,677,000
+629,700
| +16% | +$16.3M |
|
566
CALL
Etsy
ETSY
$7.22B
| $125M | 0.02% |
1,823,000
-467,400
| -20% | -$33.5M |
|
567
PUT
Lennar Class A
LEN
$20.9B
| $124M | 0.02% |
745,000
-67,764
| -8% | -$10.2M |
|
568
CALL
CME Group
CME
$93.6B
| $124M | 0.02% |
574,500
+127,700
| +29% | +$26.8M |
|
569
CALL
Nice
NICE
$6.04B
| $124M | 0.02% |
473,900
-50,900
| -10% | -$11.5M |
|
570
Chevron
CVX
$384B
| $123M | 0.02% |
780,422
-558,866
| -42% | -$84.3M |
|
571
CALL
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $122M | 0.02% |
722,900
-343,800
| -32% | -$55.2M |
|
572
PUT
iShares US Home Construction ETF
ITB
$2.39B
| $122M | 0.02% |
1,057,500
-85,300
| -7% | -$8.95M |
|
573
PUT
Analog Devices
ADI
$192B
| $122M | 0.02% |
617,200
-293,200
| -32% | -$56.4M |
|
574
Intuit
INTU
$91.4B
| $122M | 0.02% |
187,674
-33,299
| -15% | -$21.3M |
|
575
State Street SPDR S&P Global Natural Resources ETF
GNR
$4.95B
| $122M | 0.02% |
2,104,253
+2,016,684
| +2,303% | +$110M |
|
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.