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 | |
|---|---|---|---|---|---|---|
7726
PUT
Keros Therapeutics
KROS
$200M
| $730K | ﹤0.01% |
46,100
+42,400
| +1,146% | +$2.2M |
|
7727
St. Joe Company
JOE
$3.89B
| $729K | ﹤0.01% |
16,230
-21,618
| -57% | -$1.12M |
|
7728
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.11B
| $729K | ﹤0.01% |
15,926
-76,826
| -83% | -$3.58M |
|
7729
Invesco S&P MidCap Value with Momentum ETF
XMVM
$513M
| $728K | ﹤0.01% |
13,145
-3,064
| -19% | -$177K |
|
|
PRSU
7730
Pursuit Attractions and Hospitality Inc
PRSU
$1.31B
| $728K | ﹤0.01% |
17,115
+6,500
| +61% | +$268K |
|
|
PYCR
7731
DELISTED
Paycor HCM, Inc. Common Stock
PYCR
| $727K | ﹤0.01% |
39,166
+18,303
| +88% | +$305K |
|
|
GOGL
7732
PUT
DELISTED
Golden Ocean Group
GOGL
| $727K | ﹤0.01% |
81,100
-13,500
| -14% | -$145K |
|
7733
PUT
Monro
MNRO
$359M
| $727K | ﹤0.01% |
29,300
-45,600
| -61% | -$1.25M |
|
7734
FT Vest Buffered Allocation Growth ETF
BUFG
$335M
| $726K | ﹤0.01% |
29,648
-97,041
| -77% | -$2.37M |
|
|
KREF
7735
CALL
KKR Real Estate Finance Trust
KREF
$490M
| $726K | ﹤0.01% |
71,900
-8,100
| -10% | -$92.8K |
|
|
TPC
7736
CALL
Tutor Perini Cor
TPC
$5.09B
| $726K | ﹤0.01% |
30,000
-190,800
| -86% | -$5.18M |
|
7737
PUT
Lifestance Health
LFST
$4.75B
| $726K | ﹤0.01% |
98,500
-105,300
| -52% | -$756K |
|
7738
Virco
VIRC
$95.2M
| $726K | ﹤0.01% |
70,793
+47,125
| +199% | +$660K |
|
7739
CALL
Life Time Group Holdings
LTH
$10.1B
| $726K | ﹤0.01% |
32,800
+11,600
| +55% | +$277K |
|
7740
CALL
Flywire
FLYW
$2.29B
| $724K | ﹤0.01% |
35,100
-130,300
| -79% | -$2.55M |
|
7741
Tronox
TROX
$952M
| $724K | ﹤0.01% |
+71,861
| New | +$874K |
|
|
EFC
7742
CALL
Ellington Financial
EFC
$1.76B
| $722K | ﹤0.01% |
59,600
-92,500
| -61% | -$1.14M |
|
7743
Hartford Multifactor Small Cap ETF
ROSC
$62.2M
| $722K | ﹤0.01% |
16,568
-3,988
| -19% | -$179K |
|
|
SCHV
7744
Schwab US Large-Cap Value ETF
SCHV
$16.3B
| $722K | ﹤0.01% |
27,686
-11,773
| -30% | -$318K |
|
|
LUX
7745
DELISTED
Tema Luxury ETF
LUX
| $721K | ﹤0.01% |
32,790
+1,236
| +4% | +$27.9K |
|
7746
CapForce IBD 50 ETF
FFTY
$81.2M
| $721K | ﹤0.01% |
25,228
-10,709
| -30% | -$312K |
|
|
ARTY
7747
iShares Future AI & Tech ETF
ARTY
$4.04B
| $721K | ﹤0.01% |
19,451
-115,213
| -86% | -$4.19M |
|
7748
CALL
Invesco Dorsey Wright Momentum ETF
PDP
$1.54B
| $721K | ﹤0.01% |
6,700
-6,700
| -50% | -$735K |
|
|
TVRD
7749
Tvardi Therapeutics
TVRD
$25.3M
| $721K | ﹤0.01% |
39,262
+35,719
| +1,008% | +$389K |
|
7750
PUT
Tenable Holdings
TENB
$4.22B
| $721K | ﹤0.01% |
18,300
-32,100
| -64% | -$1.33M |
|
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.