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 | |
|---|---|---|---|---|---|---|
6826
Credit Suisse X-Links Silver Shares Covered Call ETNs due April 21 2033
SLVO
$12.5M
| $1.05M | ﹤0.01% |
14,385
-70
| -0.5% | -$5.57K |
|
|
VISN
6827
Vistance Networks Inc
VISN
$2.66B
| $1.05M | ﹤0.01% |
201,498
-319,329
| -61% | -$1.79M |
|
6828
Gibraltar Industries
ROCK
$1.42B
| $1.05M | ﹤0.01% |
17,821
-5,792
| -25% | -$395K |
|
|
ML
6829
PUT
DELISTED
MoneyLion Inc.
ML
| $1.05M | ﹤0.01% |
12,200
+3,400
| +39% | +$229K |
|
6830
PUT
Cellebrite
CLBT
$2.79B
| $1.05M | ﹤0.01% |
47,600
-45,700
| -49% | -$880K |
|
6831
REX FANG & Innovation Equity Premium Income ETF
FEPI
$692M
| $1.05M | ﹤0.01% |
21,100
-36,856
| -64% | -$1.9M |
|
6832
PUT
iShares MSCI India Small-Cap ETF
SMIN
$771M
| $1.05M | ﹤0.01% |
13,700
-9,100
| -40% | -$745K |
|
6833
Virtus Biotech Clinical Trials ETF
BBC
$50.2M
| $1.05M | ﹤0.01% |
43,735
-2,374
| -5% | -$65.5K |
|
|
CGC
6834
Canopy Growth
CGC
$431M
| $1.05M | ﹤0.01% |
382,156
+274,050
| +254% | +$1.09M |
|
6835
Yeti Holdings
YETI
$3.25B
| $1.05M | ﹤0.01% |
27,180
-59,501
| -69% | -$2.36M |
|
6836
CALL
Ceragon Networks
CRNT
$200M
| $1.05M | ﹤0.01% |
224,100
+183,800
| +456% | +$620K |
|
|
SRG
6837
PUT
Seritage Growth Properties
SRG
$128M
| $1.05M | ﹤0.01% |
254,000
-25,700
| -9% | -$111K |
|
6838
PUT
ImmunityBio
IBRX
$8.02B
| $1.05M | ﹤0.01% |
408,500
+21,400
| +6% | +$89.1K |
|
6839
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$271M
| $1.05M | ﹤0.01% |
58,940
+45,913
| +352% | +$835K |
|
6840
PUT
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $1.05M | ﹤0.01% |
48,900
-28,600
| -37% | -$638K |
|
6841
CALL
Credicorp
BAP
$30.7B
| $1.04M | ﹤0.01% |
5,700
+300
| +6% | +$56.1K |
|
|
KREF
6842
PUT
KKR Real Estate Finance Trust
KREF
$490M
| $1.04M | ﹤0.01% |
103,400
+82,000
| +383% | +$940K |
|
6843
Hanover Bancorp
HNVR
$194M
| $1.04M | ﹤0.01% |
45,296
+25,317
| +127% | +$553K |
|
6844
Lightwave Logic
LWLG
$1.17B
| $1.04M | ﹤0.01% |
497,239
+111,962
| +29% | +$321K |
|
6845
Hayward Holdings
HAYW
$3.22B
| $1.04M | ﹤0.01% |
+68,289
| New | +$1.07M |
|
6846
CALL
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $1.04M | ﹤0.01% |
13,000
+2,000
| +18% | +$163K |
|
6847
LeaderShares Dynamic Yield ETF
DYLD
$40.2M
| $1.04M | ﹤0.01% |
46,434
+9,922
| +27% | +$225K |
|
6848
Bitwise Crypto Industry Innovators ETF
BITQ
$381M
| $1.04M | ﹤0.01% |
61,672
+2,568
| +4% | +$45.2K |
|
6849
Orion
OEC
$364M
| $1.04M | ﹤0.01% |
65,950
+39,991
| +154% | +$676K |
|
6850
CALL
Alkermes
ALKS
$8.23B
| $1.04M | ﹤0.01% |
36,200
-21,500
| -37% | -$618K |
|
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.