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 | |
|---|---|---|---|---|---|---|
10776
CALL
American Well
AMWL
$215M
| $191K | ﹤0.01% |
+26,400
| New | +$239K |
|
10777
CALL
Compass Minerals
CMP
$1.12B
| $191K | ﹤0.01% |
17,000
-46,600
| -73% | -$609K |
|
10778
BlackRock MuniYield Michigan Quality Fund
MIY
$362M
| $191K | ﹤0.01% |
+17,095
| New | +$200K |
|
10779
CALL
Phunware
PHUN
$43M
| $190K | ﹤0.01% |
36,500
+10,800
| +42% | +$59.6K |
|
10780
Ribbon Communications
RBBN
$372M
| $190K | ﹤0.01% |
45,605
+18,508
| +68% | +$69.9K |
|
10781
Cerence
CRNC
$391M
| $190K | ﹤0.01% |
24,163
-156,959
| -87% | -$788K |
|
|
IRS
10782
PUT
IRSA Inversiones y Representaciones
IRS
$1.24B
| $190K | ﹤0.01% |
12,700
-1,183
| -9% | -$16.7K |
|
10783
CALL
Sensus Healthcare
SRTS
$51.5M
| $190K | ﹤0.01% |
27,400
+4,600
| +20% | +$33.7K |
|
10784
CALL
Patria Investments
PAX
$1.79B
| $190K | ﹤0.01% |
16,300
-1,400
| -8% | -$16.5K |
|
10785
Geospace Technologies
GEOS
$67.9M
| $190K | ﹤0.01% |
+18,916
| New | +$211K |
|
10786
PUT
Tronox
TROX
$985M
| $189K | ﹤0.01% |
18,800
-11,200
| -37% | -$136K |
|
|
SCS
10787
CALL
DELISTED
Steelcase
SCS
| $189K | ﹤0.01% |
16,000
+600
| +4% | +$7.72K |
|
|
GOOD
10788
PUT
Gladstone Commercial Corp
GOOD
$630M
| $188K | ﹤0.01% |
11,600
-21,500
| -65% | -$356K |
|
10789
PUT
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $188K | ﹤0.01% |
11,300
-500
| -4% | -$8.87K |
|
10790
PUT
FIGS
FIGS
$2.4B
| $188K | ﹤0.01% |
30,400
-33,900
| -53% | -$198K |
|
10791
Caribou Biosciences
CRBU
$160M
| $188K | ﹤0.01% |
+118,265
| New | +$238K |
|
10792
CALL
Alpha Pro Tech
APT
$54.8M
| $188K | ﹤0.01% |
35,500
-80,700
| -69% | -$443K |
|
10793
CALL
Kosmos Energy
KOS
$1.51B
| $188K | ﹤0.01% |
+54,900
| New | +$209K |
|
10794
CALL
Ecopetrol
EC
$34.9B
| $188K | ﹤0.01% |
23,700
-21,300
| -47% | -$172K |
|
10795
Paysign
PAYS
$723M
| $188K | ﹤0.01% |
62,150
+51,343
| +475% | +$180K |
|
|
IGMS
10796
PUT
DELISTED
IGM Biosciences
IGMS
| $188K | ﹤0.01% |
30,700
-15,800
| -34% | -$188K |
|
10797
Pure Cycle
PCYO
$273M
| $187K | ﹤0.01% |
+14,784
| New | +$180K |
|
|
CGAU
10798
Centerra Gold
CGAU
$4.25B
| $187K | ﹤0.01% |
32,919
+22,667
| +221% | +$146K |
|
10799
Lindblad Expeditions
LIND
$2.24B
| $187K | ﹤0.01% |
15,788
-12,996
| -45% | -$149K |
|
|
FDVL
10800
DELISTED
Foundations Dynamic Value ETF
FDVL
| $187K | ﹤0.01% |
18,293
-841
| -4% | -$10.4K |
|
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.