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 | |
|---|---|---|---|---|---|---|
8651
PUT
West Fraser Timber
WFG
$5.54B
| $502K | ﹤0.01% |
5,800
+1,700
| +41% | +$159K |
|
|
ETNB
8652
DELISTED
89bio
ETNB
| $502K | ﹤0.01% |
64,179
-275,892
| -81% | -$2.27M |
|
8653
CALL
IPG Photonics
IPGP
$3.65B
| $502K | ﹤0.01% |
6,900
-1,200
| -15% | -$92.2K |
|
8654
Sovereign's Capital Flourish Fund
SOVF
$92.2M
| $501K | ﹤0.01% |
+16,307
| New | +$512K |
|
8655
CALL
Citi Trends
CTRN
$616M
| $501K | ﹤0.01% |
+19,100
| New | +$402K |
|
8656
Wave Life Sciences
WVE
$1.07B
| $501K | ﹤0.01% |
+40,531
| New | +$541K |
|
8657
Acco Brands
ACCO
$401M
| $501K | ﹤0.01% |
95,458
+55,721
| +140% | +$310K |
|
8658
Rayonier Advanced Materials
RYAM
$570M
| $501K | ﹤0.01% |
60,696
+39,464
| +186% | +$332K |
|
8659
PUT
Rollins
ROL
$17.4B
| $501K | ﹤0.01% |
10,800
-138,500
| -93% | -$6.78M |
|
8660
PUT
Driven Brands
DRVN
$2.13B
| $500K | ﹤0.01% |
31,000
+13,200
| +74% | +$207K |
|
|
XFLT
8661
XAI Floating Rate & Alternative Income Trust
XFLT
$294M
| $500K | ﹤0.01% |
+15,065
| New | +$515K |
|
|
CEPU
8662
CALL
Central Puerto
CEPU
$1.97B
| $500K | ﹤0.01% |
34,500
+17,400
| +102% | +$217K |
|
8663
PUT
Columbia Banking Systems
COLB
$9.25B
| $500K | ﹤0.01% |
18,500
-48,600
| -72% | -$1.39M |
|
8664
PUT
CoinShares Bitcoin and Ether ETF
BTF
$13.6M
| $500K | ﹤0.01% |
6,820
+1,660
| +32% | +$162K |
|
|
CTEV
8665
CALL
Claritev Corp
CTEV
$646M
| $500K | ﹤0.01% |
+33,800
| New | +$298K |
|
8666
IQ MacKay Municipal Insured ETF
MMIN
$478M
| $499K | ﹤0.01% |
20,951
+11,887
| +131% | +$288K |
|
8667
CALL
Hycroft Mining Holding Corp
HYMC
$2.52B
| $499K | ﹤0.01% |
225,900
-42,300
| -16% | -$100K |
|
8668
AXT Inc
AXTI
$5.35B
| $499K | ﹤0.01% |
230,051
+182,204
| +381% | +$413K |
|
8669
Direxion Daily NVDA Bear 1X ETF
NVDD
$19.4M
| $499K | ﹤0.01% |
7,716
-4,029
| -34% | -$259K |
|
8670
Vanguard California Tax-Exempt Bond ETF
VTEC
$3.1B
| $499K | ﹤0.01% |
+5,015
| New | +$503K |
|
|
SFYX
8671
DELISTED
SoFi Next 500 ETF
SFYX
| $499K | ﹤0.01% |
34,567
-13,840
| -29% | -$206K |
|
|
NTST
8672
NETSTREIT Corp
NTST
$2.1B
| $499K | ﹤0.01% |
+35,231
| New | +$548K |
|
8673
CALL
Gladstone Investment Corp
GAIN
$649M
| $498K | ﹤0.01% |
37,600
-14,300
| -28% | -$195K |
|
8674
Ascent Industries
ACNT
$136M
| $498K | ﹤0.01% |
44,556
+14,186
| +47% | +$146K |
|
8675
Armstrong World Industries
AWI
$7.7B
| $497K | ﹤0.01% |
3,520
-17,252
| -83% | -$2.53M |
|
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.