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 | |
|---|---|---|---|---|---|---|
7851
PUT
Companhia Siderúrgica Nacional
SID
$1.17B
| $691K | ﹤0.01% |
479,900
+290,100
| +153% | +$568K |
|
7852
State Street SPDR MSCI USA Gender Diversity ETF
SHE
$339M
| $690K | ﹤0.01% |
5,962
-10,430
| -64% | -$1.23M |
|
7853
Alignment Healthcare
ALHC
$2.9B
| $690K | ﹤0.01% |
+61,359
| New | +$717K |
|
7854
Invesco S&P MidCap 400 Pure Value ETF
RFV
$343M
| $690K | ﹤0.01% |
5,691
+1,842
| +48% | +$226K |
|
7855
Aquestive Therapeutics
AQST
$533M
| $690K | ﹤0.01% |
193,874
+38,842
| +25% | +$179K |
|
7856
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $689K | ﹤0.01% |
41,376
-142,788
| -78% | -$2.53M |
|
7857
Transcat
TRNS
$877M
| $689K | ﹤0.01% |
6,516
+357
| +6% | +$39.6K |
|
7858
AMREP Corp
AXR
$119M
| $688K | ﹤0.01% |
21,925
+13,447
| +159% | +$434K |
|
7859
Global X SuperIncome Preferred ETF
SPFF
$144M
| $688K | ﹤0.01% |
74,332
+17,584
| +31% | +$170K |
|
7860
iShares iBonds Oct 2026 Term TIPS ETF
IBIC
$76.8M
| $688K | ﹤0.01% |
+27,056
| New | +$690K |
|
7861
Syntax Stratified US Total Market Hedged ETF
SHUS
$25.5M
| $688K | ﹤0.01% |
+16,377
| New | +$714K |
|
|
IGTR
7862
DELISTED
Innovator Gradient Tactical Rotation Strategy ETF
IGTR
| $688K | ﹤0.01% |
28,019
-15,835
| -36% | -$415K |
|
7863
CALL
VinFast Auto
VFS
$7.42B
| $687K | ﹤0.01% |
170,500
-276,900
| -62% | -$1.12M |
|
7864
CALL
NewMarket
NEU
$8.85B
| $687K | ﹤0.01% |
1,300
-7,900
| -86% | -$4.23M |
|
7865
iShares MSCI Global Gold Miners ETF
RING
$2.46B
| $687K | ﹤0.01% |
24,430
-7,476
| -23% | -$236K |
|
|
UNIT
7866
PUT
Uniti Group
UNIT
$2.43B
| $686K | ﹤0.01% |
124,800
-8,900
| -7% | -$50.5K |
|
7867
Community Health Systems
CYH
$423M
| $685K | ﹤0.01% |
229,230
+142,603
| +165% | +$599K |
|
7868
PUT
LivePerson
LPSN
$35.1M
| $685K | ﹤0.01% |
30,047
+15,534
| +107% | +$238K |
|
7869
Gentherm
THRM
$1.35B
| $685K | ﹤0.01% |
17,154
+12,756
| +290% | +$535K |
|
7870
NB Bancorp
NBBK
$1.01B
| $685K | ﹤0.01% |
37,922
+13,712
| +57% | +$263K |
|
7871
Virtus InfraCap US Preferred Stock ETF
PFFA
$2.53B
| $685K | ﹤0.01% |
31,267
+14,828
| +90% | +$335K |
|
7872
Astec Industries
ASTE
$997M
| $685K | ﹤0.01% |
20,375
+11,940
| +142% | +$413K |
|
7873
PUT
Grocery Outlet
GO
$1.1B
| $684K | ﹤0.01% |
43,800
-70,600
| -62% | -$1.23M |
|
|
KDK
7874
Kodiak AI
KDK
$835M
| $683K | ﹤0.01% |
+62,235
| New | +$678K |
|
7875
Acquirers Small and Micro Deep Value ETF
DEEP
$28.5M
| $683K | ﹤0.01% |
+19,784
| New | +$710K |
|
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.