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 | |
|---|---|---|---|---|---|---|
8476
Ardagh Metal Packaging
AMBP
$3.13B
| $541K | ﹤0.01% |
179,775
+144,973
| +417% | +$522K |
|
8477
FTI Consulting
FCN
$4.19B
| $541K | ﹤0.01% |
+2,831
| New | +$584K |
|
8478
CALL
Zevia
ZVIA
$102M
| $541K | ﹤0.01% |
+129,100
| New | +$263K |
|
8479
PUT
Bioventus
BVS
$1.2B
| $541K | ﹤0.01% |
51,500
-31,500
| -38% | -$373K |
|
8480
Global X MSCI Norway ETF
NORW
$89.4M
| $541K | ﹤0.01% |
23,042
-7,812
| -25% | -$196K |
|
8481
iShares Core S&P US Growth ETF
IUSG
$33.9B
| $540K | ﹤0.01% |
3,877
-59,990
| -94% | -$8.23M |
|
8482
PUT
Xcel Energy
XEL
$49.5B
| $540K | ﹤0.01% |
8,000
-93,400
| -92% | -$6.26M |
|
8483
PUT
Prothena Corp
PRTA
$455M
| $540K | ﹤0.01% |
39,000
-16,200
| -29% | -$256K |
|
8484
CALL
American Coastal Insurance
ACIC
$466M
| $540K | ﹤0.01% |
40,100
-170,500
| -81% | -$2.13M |
|
8485
Invesco S&P 500 Equal Weight Technology ETF
RSPT
$6.01B
| $540K | ﹤0.01% |
14,421
+7,764
| +117% | +$296K |
|
8486
Sotera Health
SHC
$5.39B
| $539K | ﹤0.01% |
+39,430
| New | +$572K |
|
8487
PUT
Moelis & Co
MC
$5.07B
| $539K | ﹤0.01% |
7,300
-18,500
| -72% | -$1.34M |
|
8488
CEVA Inc
CEVA
$937M
| $539K | ﹤0.01% |
17,094
-4,391
| -20% | -$122K |
|
8489
Goldman Sachs Access Inflation Protected USD Bond ETF
GTIP
$295M
| $539K | ﹤0.01% |
+11,186
| New | +$548K |
|
8490
Colterpoint Net Lease Real Estate ETF
NETL
$53.9M
| $539K | ﹤0.01% |
22,913
+3,031
| +15% | +$77.2K |
|
|
ADAM
8491
Adamas Trust
ADAM
$910M
| $539K | ﹤0.01% |
88,944
+28,248
| +47% | +$166K |
|
8492
ARKO Corp
ARKO
$544M
| $539K | ﹤0.01% |
81,778
+9,384
| +13% | +$64.6K |
|
|
PBPB
8493
DELISTED
Potbelly
PBPB
| $539K | ﹤0.01% |
57,193
+21,917
| +62% | +$199K |
|
8494
PUT
Atomera
ATOM
$219M
| $538K | ﹤0.01% |
46,400
-8,400
| -15% | -$48.4K |
|
8495
Okta
OKTA
$25.6B
| $538K | ﹤0.01% |
6,829
-185,408
| -96% | -$14.4M |
|
8496
Invesco Taxable Municipal Bond ETF
BAB
$1.01B
| $538K | ﹤0.01% |
+20,575
| New | +$551K |
|
|
FBRT
8497
Franklin BSP Realty Trust
FBRT
$670M
| $538K | ﹤0.01% |
42,885
+30,067
| +235% | +$389K |
|
|
AFBI
8498
DELISTED
Affinity Bancshares
AFBI
| $538K | ﹤0.01% |
+30,726
| New | +$660K |
|
8499
PUT
AMC Global Media
AMCX
$510M
| $538K | ﹤0.01% |
54,300
-186,700
| -77% | -$1.65M |
|
8500
Spyre Therapeutics
SYRE
$9.14B
| $538K | ﹤0.01% |
23,089
+9,891
| +75% | +$290K |
|
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.