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 | |
|---|---|---|---|---|---|---|
9826
Certara
CERT
$1.22B
| $301K | ﹤0.01% |
28,225
-8,186
| -22% | -$88.9K |
|
|
NPKI
9827
NPK International
NPKI
$1.21B
| $300K | ﹤0.01% |
39,155
+11,771
| +43% | +$86.5K |
|
9828
CALL
Flotek Industries
FTK
$1.3B
| $300K | ﹤0.01% |
31,500
-4,300
| -12% | -$29.3K |
|
9829
Scholastic
SCHL
$781M
| $300K | ﹤0.01% |
14,069
-13,718
| -49% | -$348K |
|
9830
York Water
YORW
$541M
| $300K | ﹤0.01% |
+9,168
| New | +$327K |
|
9831
Gray Television
GTN
$538M
| $300K | ﹤0.01% |
95,202
+18,848
| +25% | +$88K |
|
9832
PUT
DoubleVerify
DV
$2.04B
| $300K | ﹤0.01% |
15,600
-17,000
| -52% | -$320K |
|
9833
PUT
Direxion Daily S&P Biotech Bear 3X ETF
LABD
$39.8M
| $299K | ﹤0.01% |
4,130
-6,740
| -62% | -$412K |
|
|
EFIX
9834
DELISTED
First Trust TCW Emerging Markets Debt ETF
EFIX
| $299K | ﹤0.01% |
18,617
-1,132
| -6% | -$18.5K |
|
9835
PUT
RBC Bearings
RBC
$17.7B
| $299K | ﹤0.01% |
1,000
-10,400
| -91% | -$3.2M |
|
9836
ProShares Ultra High Yield
UJB
$19M
| $299K | ﹤0.01% |
4,133
-21,027
| -84% | -$1.54M |
|
9837
CALL
Maximus
MMS
$2.89B
| $299K | ﹤0.01% |
4,000
+1,200
| +43% | +$97.9K |
|
9838
PUT
Black Hills Corp
BKH
$5.66B
| $298K | ﹤0.01% |
5,100
-17,800
| -78% | -$1.08M |
|
9839
CALL
iPath Bloomberg Commodity Index Total Return ETN due 12 June 2036
DJP
$821M
| $298K | ﹤0.01% |
+9,300
| New | +$296K |
|
|
MTAL
9840
DELISTED
Metals Acquisition
MTAL
| $298K | ﹤0.01% |
+28,092
| New | +$347K |
|
9841
PUT
Universal Technical Institute
UTI
$1.39B
| $298K | ﹤0.01% |
11,600
-8,800
| -43% | -$183K |
|
|
ILPT
9842
CALL
Industrial Logistics Properties Trust
ILPT
$595M
| $298K | ﹤0.01% |
81,700
-68,000
| -45% | -$262K |
|
9843
PUT
First Trust Natural Gas ETF
FCG
$648M
| $298K | ﹤0.01% |
12,100
-3,200
| -21% | -$79K |
|
9844
Wheels Up
UP
$182M
| $298K | ﹤0.01% |
9,021
+3,146
| +54% | +$132K |
|
9845
Oxford Square Capital
OXSQ
$157M
| $298K | ﹤0.01% |
+121,964
| New | +$336K |
|
|
IBMN
9846
DELISTED
iShares iBonds Dec 2025 Term Muni Bond ETF
IBMN
| $298K | ﹤0.01% |
11,180
-56,642
| -84% | -$1.51M |
|
9847
CALL
WSFS Financial
WSFS
$4.17B
| $298K | ﹤0.01% |
5,600
-6,600
| -54% | -$359K |
|
9848
PUT
iShare MSCI Eurozone ETF
EZU
$9.97B
| $297K | ﹤0.01% |
6,300
-71,300
| -92% | -$3.49M |
|
9849
PUT
Amprius Technologies
AMPX
$1.83B
| $297K | ﹤0.01% |
106,000
+28,400
| +37% | +$49.6K |
|
9850
nVent Electric
NVT
$27.7B
| $297K | ﹤0.01% |
4,354
-55,836
| -93% | -$4.11M |
|
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.