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 | |
|---|---|---|---|---|---|---|
11026
Research Solutions
RSSS
$76.6M
| $149K | ﹤0.01% |
35,844
+25,282
| +239% | +$79.9K |
|
|
CGO
11027
Calamos Global Total Return Fund
CGO
$131M
| $149K | ﹤0.01% |
+13,081
| New | +$156K |
|
11028
BuzzFeed
BZFD
$95M
| $148K | ﹤0.01% |
55,535
+44,567
| +406% | +$140K |
|
11029
PUT
Tenaya Therapeutics
TNYA
$164M
| $148K | ﹤0.01% |
+103,400
| New | +$232K |
|
11030
Star Holdings Shares of Beneficial Interest
STHO
$117M
| $148K | ﹤0.01% |
15,177
-11,258
| -43% | -$131K |
|
11031
PUT
Fossil Group
FOSL
$330M
| $148K | ﹤0.01% |
88,400
-34,700
| -28% | -$50.7K |
|
11032
Compañía de Minas Buenaventura
BVN
$8.55B
| $147K | ﹤0.01% |
12,800
-296,356
| -96% | -$3.8M |
|
11033
Petco
WOOF
$817M
| $147K | ﹤0.01% |
38,691
-7,692
| -17% | -$34.8K |
|
11034
CALL
Veru
VERU
$46M
| $147K | ﹤0.01% |
22,630
+30
| +0.1% | +$223 |
|
11035
PUT
Rocket Pharmaceuticals
RCKT
$367M
| $147K | ﹤0.01% |
11,700
+200
| +2% | +$3.01K |
|
11036
PUT
Arcos Dorados Holdings
ARCO
$1.71B
| $147K | ﹤0.01% |
20,200
+700
| +4% | +$6K |
|
11037
Amplify Energy
AMPY
$200M
| $147K | ﹤0.01% |
24,442
-181,062
| -88% | -$1.18M |
|
11038
Inspired Entertainment
INSE
$164M
| $147K | ﹤0.01% |
+16,200
| New | +$153K |
|
11039
PUT
Clene
CLNN
$53.5M
| $147K | ﹤0.01% |
27,600
-7,600
| -22% | -$38.2K |
|
|
EFT
11040
Eaton Vance Floating-Rate Income Trust
EFT
$290M
| $146K | ﹤0.01% |
+11,415
| New | +$151K |
|
11041
Seer Inc
SEER
$116M
| $146K | ﹤0.01% |
63,393
+6,954
| +12% | +$15.2K |
|
11042
CALL
Ribbon Communications
RBBN
$377M
| $146K | ﹤0.01% |
35,100
+15,700
| +81% | +$59.3K |
|
11043
Research Frontiers
REFR
$15.2M
| $146K | ﹤0.01% |
85,289
+30,705
| +56% | +$60.1K |
|
11044
CALL
AtaiBeckley Inc
ATAI
$2.69B
| $146K | ﹤0.01% |
109,500
+90,000
| +462% | +$120K |
|
11045
Crawford & Co Class A
CRD.A
$632M
| $145K | ﹤0.01% |
+12,585
| New | +$145K |
|
11046
BCB Bancorp
BCBP
$163M
| $145K | ﹤0.01% |
+12,268
| New | +$154K |
|
|
BHR
11047
Braemar Hotels & Resorts
BHR
$139M
| $145K | ﹤0.01% |
48,374
+16,118
| +50% | +$52.2K |
|
|
APLT
11048
CALL
DELISTED
Applied Therapeutics
APLT
| $145K | ﹤0.01% |
168,700
-279,900
| -62% | -$1.75M |
|
11049
Liberty Latin America Class A
LILA
$1.67B
| $144K | ﹤0.01% |
33,398
+14,767
| +79% | +$80.9K |
|
11050
CALL
Workhorse Group
WKHS
$33.1M
| $144K | ﹤0.01% |
1,372
+186
| +16% | +$25.4K |
|
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.