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 | |
|---|---|---|---|---|---|---|
9676
Arhaus
ARHS
$1.39B
| $322K | ﹤0.01% |
34,265
-72,106
| -68% | -$706K |
|
9677
PUT
Acacia Research
ACTG
$448M
| $322K | ﹤0.01% |
74,200
+44,900
| +153% | +$203K |
|
9678
CALL
Green Brick Partners
GRBK
$3.03B
| $322K | ﹤0.01% |
5,700
-25,300
| -82% | -$1.8M |
|
|
PTVE
9679
DELISTED
Pactiv Evergreen Inc. Common stock
PTVE
| $322K | ﹤0.01% |
+18,428
| New | +$249K |
|
|
INFN
9680
CALL
DELISTED
Infinera Corporation Common Stock
INFN
| $322K | ﹤0.01% |
49,000
-15,000
| -23% | -$100K |
|
|
TGNA
9681
PUT
DELISTED
TEGNA Inc
TGNA
| $322K | ﹤0.01% |
17,600
-64,700
| -79% | -$1.13M |
|
|
BWIN
9682
CALL
Baldwin Insurance Group
BWIN
$3.05B
| $322K | ﹤0.01% |
8,300
-7,200
| -46% | -$336K |
|
9683
CALL
Keros Therapeutics
KROS
$200M
| $321K | ﹤0.01% |
20,300
-4,100
| -17% | -$213K |
|
9684
Adaptive Core ETF
RULE
$16.3M
| $321K | ﹤0.01% |
14,663
+4,130
| +39% | +$92.9K |
|
9685
PUT
Dream Finders Homes
DFH
$1.42B
| $321K | ﹤0.01% |
13,800
-28,700
| -68% | -$877K |
|
9686
ALPS O'Shares US Small-Cap Quality Dividend ETF
OUSM
$892M
| $321K | ﹤0.01% |
+7,344
| New | +$333K |
|
9687
ProShares UltraShort Yen
YCS
$30M
| $321K | ﹤0.01% |
6,875
-258,849
| -97% | -$11.4M |
|
9688
iShares MSCI World ETF
URTH
$8.39B
| $321K | ﹤0.01% |
2,063
-1,252
| -38% | -$198K |
|
9689
BlackRock Enhanced Global Dividend Trust
BOE
$692M
| $321K | ﹤0.01% |
+29,778
| New | +$334K |
|
9690
PUT
Genesco
GCO
$391M
| $321K | ﹤0.01% |
7,500
-6,000
| -44% | -$197K |
|
|
TETH
9691
21Shares Ethereum ETF
TETH
$13M
| $321K | ﹤0.01% |
19,199
-403,844
| -95% | -$6.21M |
|
|
TRUE
9692
DELISTED
TrueCar
TRUE
| $321K | ﹤0.01% |
85,946
+73,475
| +589% | +$289K |
|
|
CBL
9693
CALL
CBL Properties
CBL
$1.8B
| $321K | ﹤0.01% |
10,900
-104,900
| -91% | -$2.97M |
|
|
NLOP
9694
Net Lease Office Properties
NLOP
$172M
| $321K | ﹤0.01% |
+10,270
| New | +$319K |
|
9695
ProShares Merger ETF
MRGR
$16M
| $321K | ﹤0.01% |
7,817
-2,095
| -21% | -$87.8K |
|
|
SJT
9696
San Juan Basin Royalty Trust
SJT
$131M
| $320K | ﹤0.01% |
83,643
-88,016
| -51% | -$352K |
|
9697
CALL
Graco
GGG
$13.3B
| $320K | ﹤0.01% |
3,800
+900
| +31% | +$78K |
|
|
VNET
9698
VNET Group
VNET
$2.16B
| $320K | ﹤0.01% |
67,520
+30,828
| +84% | +$117K |
|
9699
CALL
Westamerica Bancorp
WABC
$1.38B
| $320K | ﹤0.01% |
+6,100
| New | +$326K |
|
|
SAGE
9700
PUT
DELISTED
Sage Therapeutics
SAGE
| $320K | ﹤0.01% |
58,900
-46,900
| -44% | -$287K |
|
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.