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 | |
|---|---|---|---|---|---|---|
7001
PUT
Vanguard Morningstar Mid-Cap ETF
VO
$111B
| $977K | ﹤0.01% |
14,800
-5,600
| -27% | -$380K |
|
7002
FT Vest US Equity Moderate Buffer ETF April
GAPR
$292M
| $977K | ﹤0.01% |
26,067
+3,147
| +14% | +$117K |
|
7003
Vanguard Emerging Markets Government Bond ETF
VWOB
$6.24B
| $977K | ﹤0.01% |
+15,471
| New | +$1M |
|
7004
Innovator Equity Defined Protection ETF - 2 Yr to January 2028
AJAN
$42.9M
| $977K | ﹤0.01% |
37,221
+29,460
| +380% | +$771K |
|
7005
Innovator US Equity Buffer ETF July
BJUL
$354M
| $977K | ﹤0.01% |
21,916
+8,849
| +68% | +$394K |
|
7006
PUT
Allot
ALLT
$383M
| $976K | ﹤0.01% |
164,100
-550,100
| -77% | -$2.22M |
|
|
AISP
7007
Airship AI Holdings
AISP
$67.5M
| $976K | ﹤0.01% |
155,945
+138,557
| +797% | +$407K |
|
7008
FT Vest Fund of Nasdaq-100 Buffer ETFs
BUFQ
$1.57B
| $976K | ﹤0.01% |
31,060
-1,669
| -5% | -$51.9K |
|
7009
PUT
Radware
RDWR
$1.23B
| $976K | ﹤0.01% |
+43,300
| New | +$991K |
|
7010
Hercules Capital
HTGC
$3.13B
| $975K | ﹤0.01% |
48,520
+15,598
| +47% | +$304K |
|
|
FYBR
7011
DELISTED
Frontier Communications
FYBR
| $975K | ﹤0.01% |
28,091
+10,139
| +56% | +$356K |
|
7012
PACS Group
PACS
$7.04B
| $975K | ﹤0.01% |
74,349
+45,501
| +158% | +$1.17M |
|
7013
iShares MSCI Italy ETF
EWI
$1.08B
| $974K | ﹤0.01% |
27,078
-4,409
| -14% | -$164K |
|
7014
CALL
Gildan
GIL
$10.5B
| $974K | ﹤0.01% |
20,700
-44,700
| -68% | -$2.15M |
|
7015
iShares TIPS Bond ETF
TIP
$14.7B
| $974K | ﹤0.01% |
9,137
-38,087
| -81% | -$4.12M |
|
7016
PUT
Golub Capital BDC
GBDC
$3.44B
| $973K | ﹤0.01% |
64,200
+47,800
| +291% | +$729K |
|
7017
CALL
MediaAlpha
MAX
$807M
| $973K | ﹤0.01% |
+86,200
| New | +$1.24M |
|
|
MAG
7018
DELISTED
MAG Silver
MAG
| $972K | ﹤0.01% |
71,493
+26,491
| +59% | +$412K |
|
7019
Harmonic Inc
HLIT
$1.52B
| $972K | ﹤0.01% |
73,443
-10,775
| -13% | -$141K |
|
7020
PUT
Sportradar
SRAD
$4.09B
| $971K | ﹤0.01% |
56,000
-53,600
| -49% | -$810K |
|
7021
Liberty Global Class C
LBTYK
$3.49B
| $971K | ﹤0.01% |
73,872
+11,459
| +18% | +$198K |
|
7022
CALL
Pliant Therapeutics
PLRX
$66.3M
| $971K | ﹤0.01% |
73,700
+44,600
| +153% | +$609K |
|
7023
PUT
Inogen
INGN
$153M
| $970K | ﹤0.01% |
105,800
-29,000
| -22% | -$271K |
|
7024
PUT
Northern Oil and Gas
NOG
$2.61B
| $970K | ﹤0.01% |
26,100
-72,000
| -73% | -$2.82M |
|
7025
Invesco S&P 500 Momentum ETF
SPMO
$22.3B
| $970K | ﹤0.01% |
10,208
-2,574
| -20% | -$244K |
|
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.