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 | |
|---|---|---|---|---|---|---|
8101
Harmony Biosciences
HRMY
$2.22B
| $631K | ﹤0.01% |
+18,329
| New | +$630K |
|
8102
CALL
Sturm, Ruger & Co
RGR
$602M
| $630K | ﹤0.01% |
17,800
-37,600
| -68% | -$1.46M |
|
8103
Fidelity Quality Factor ETF
FQAL
$1.46B
| $630K | ﹤0.01% |
9,622
-32,602
| -77% | -$2.17M |
|
8104
iShares Global Timber & Forestry ETF
WOOD
$269M
| $629K | ﹤0.01% |
8,242
+4,269
| +107% | +$344K |
|
8105
Invesco Zacks Mid-Cap ETF
CZA
$193M
| $629K | ﹤0.01% |
6,055
+3,178
| +110% | +$347K |
|
|
DX
8106
Dynex Capital
DX
$3.24B
| $629K | ﹤0.01% |
+49,726
| New | +$620K |
|
8107
CALL
iShares MSCI Saudi Arabia ETF
KSA
$624M
| $629K | ﹤0.01% |
15,400
-6,600
| -30% | -$274K |
|
8108
Quadratic Deflation ETF
BNDD
$20.6M
| $629K | ﹤0.01% |
5,816
-2,555
| -31% | -$288K |
|
|
NEE.PRR
8109
DELISTED
NextEra Energy, Inc. 6.926% Corporate Units
NEE.PRR
| $629K | ﹤0.01% |
15,367
-13,936
| -48% | -$612K |
|
8110
iShares Cybersecurity and Tech ETF
IHAK
$1.12B
| $629K | ﹤0.01% |
12,888
-28,587
| -69% | -$1.43M |
|
8111
Kanzhun
BZ
$6.93B
| $629K | ﹤0.01% |
45,547
-49,807
| -52% | -$733K |
|
|
CTLP
8112
DELISTED
Cantaloupe
CTLP
| $628K | ﹤0.01% |
66,083
+50,488
| +324% | +$460K |
|
8113
PUT
Intapp
INTA
$3.07B
| $628K | ﹤0.01% |
9,800
-10,200
| -51% | -$585K |
|
8114
PUT
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.44B
| $628K | ﹤0.01% |
13,000
+3,800
| +41% | +$190K |
|
8115
Teucrium Corn Fund
CORN
$171M
| $627K | ﹤0.01% |
+33,423
| New | +$607K |
|
8116
Harrow
HROW
$1.5B
| $627K | ﹤0.01% |
+18,688
| New | +$827K |
|
8117
Hertz
HTZ
$798M
| $627K | ﹤0.01% |
171,201
-32,043
| -16% | -$116K |
|
8118
CALL
Enterprise Financial Services Corp
EFSC
$2.4B
| $626K | ﹤0.01% |
11,100
-100
| -0.9% | -$5.6K |
|
|
WIMI
8119
WiMi Hologram Cloud
WIMI
$25M
| $626K | ﹤0.01% |
+33,837
| New | +$324K |
|
|
LIAT
8120
DELISTED
LifeX 2059 Inflation-Protected Longevity Income ETF
LIAT
| $626K | ﹤0.01% |
2,674
-684
| -20% | -$166K |
|
8121
CALL
Cars.com
CARS
$663M
| $626K | ﹤0.01% |
36,100
+4,700
| +15% | +$82.2K |
|
8122
Hovnanian Enterprises
HOV
$785M
| $625K | ﹤0.01% |
4,674
-5,021
| -52% | -$880K |
|
8123
Safety Insurance
SAFT
$1.52B
| $625K | ﹤0.01% |
7,586
+3,901
| +106% | +$323K |
|
8124
Rocket Pharmaceuticals
RCKT
$381M
| $625K | ﹤0.01% |
49,720
+1,685
| +4% | +$25.4K |
|
8125
PUT
International Money Express
IMXI
$441M
| $625K | ﹤0.01% |
30,000
-87,100
| -74% | -$1.71M |
|
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.