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 | |
|---|---|---|---|---|---|---|
8601
Independent Bank Corp
IBCP
$850M
| $513K | ﹤0.01% |
14,737
+1,863
| +14% | +$66.1K |
|
8602
Vanguard FTSE Pacific ETF
VPL
$8.64B
| $513K | ﹤0.01% |
7,225
-23,536
| -77% | -$1.76M |
|
8603
Ring Energy
REI
$357M
| $513K | ﹤0.01% |
377,363
-328,472
| -47% | -$493K |
|
|
CCC
8604
CALL
CCC Intelligent Solutions
CCC
$4.11B
| $513K | ﹤0.01% |
43,700
-44,000
| -50% | -$510K |
|
|
SHCO
8605
PUT
DELISTED
Soho House & Co
SHCO
| $513K | ﹤0.01% |
68,800
-154,300
| -69% | -$840K |
|
8606
PUT
ProShares UltraShort Silver
ZSL
$58M
| $512K | ﹤0.01% |
1,220
+455
| +59% | +$168K |
|
8607
Bank of Montreal
BMO
$130B
| $512K | ﹤0.01% |
5,279
+2,278
| +76% | +$215K |
|
|
DMC
8608
Del Monte Corp
DMC
$1.43B
| $512K | ﹤0.01% |
15,407
-20,958
| -58% | -$673K |
|
|
IBTP
8609
iShares iBonds Dec 2034 Term Treasury ETF
IBTP
$290M
| $512K | ﹤0.01% |
+20,613
| New | +$524K |
|
8610
Westrock Coffee
WEST
$823M
| $512K | ﹤0.01% |
79,687
+38,001
| +91% | +$261K |
|
8611
AMES National
ATLO
$280M
| $511K | ﹤0.01% |
+31,122
| New | +$538K |
|
8612
CALL
Newmark Group
NMRK
$2.76B
| $511K | ﹤0.01% |
39,900
-7,000
| -15% | -$103K |
|
|
BERY
8613
PUT
DELISTED
Berry Global Group, Inc.
BERY
| $511K | ﹤0.01% |
7,900
-15,187
| -66% | -$1M |
|
8614
Invesco Next Gen Media and Gaming ETF
GGME
$47.2M
| $510K | ﹤0.01% |
9,956
-11,343
| -53% | -$579K |
|
8615
CALL
iShares MSCI EAFE Small-Cap ETF
SCZ
$13.6B
| $510K | ﹤0.01% |
8,400
-3,800
| -31% | -$242K |
|
|
RODE
8616
DELISTED
Hartford Multifactor Diversified International ETF
RODE
| $510K | ﹤0.01% |
18,614
-3,344
| -15% | -$96.6K |
|
8617
ProShares On-Demand ETF
OND
$3.59M
| $510K | ﹤0.01% |
+15,713
| New | +$529K |
|
8618
PUT
Ramaco Resources Class A
METC
$777M
| $510K | ﹤0.01% |
50,861
-68,725
| -57% | -$764K |
|
8619
CALL
MidCap Financial Investment
MFIC
$803M
| $510K | ﹤0.01% |
37,800
-15,200
| -29% | -$206K |
|
8620
PUT
Sonos
SONO
$1.93B
| $510K | ﹤0.01% |
33,900
-32,900
| -49% | -$443K |
|
8621
iShares ESG Aware US Aggregate Bond ETF
EAGG
$4.98B
| $510K | ﹤0.01% |
+10,975
| New | +$518K |
|
8622
PUT
Shoals Technologies Group
SHLS
$1.42B
| $509K | ﹤0.01% |
92,100
-73,600
| -44% | -$374K |
|
8623
First Trust Dow 30 Equal Weight ETF
EDOW
$322M
| $509K | ﹤0.01% |
14,039
-29,397
| -68% | -$1.08M |
|
8624
PUT
MBIA
MBI
$264M
| $509K | ﹤0.01% |
78,800
+29,700
| +60% | +$153K |
|
8625
STAG Industrial
STAG
$7.09B
| $509K | ﹤0.01% |
15,050
-2,127
| -12% | -$77.8K |
|
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.