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 | |
|---|---|---|---|---|---|---|
11051
PUT
American Coastal Insurance
ACIC
$461M
| $144K | ﹤0.01% |
10,700
-114,600
| -91% | -$1.43M |
|
11052
SEACOR Marine Holdings
SMHI
$262M
| $144K | ﹤0.01% |
21,953
-22,854
| -51% | -$170K |
|
|
LEO
11053
BNY Mellon Strategic Municipals
LEO
$389M
| $144K | ﹤0.01% |
+23,823
| New | +$150K |
|
|
OBE
11054
CALL
Obsidian Energy
OBE
$697M
| $144K | ﹤0.01% |
24,800
-200
| -0.8% | -$1.14K |
|
11055
PUT
KLX Energy Services
KLXE
$36M
| $143K | ﹤0.01% |
+28,800
| New | +$150K |
|
|
SVC
11056
PUT
Service Properties Trust
SVC
$1.06B
| $143K | ﹤0.01% |
+11,280
| New | +$182K |
|
|
SVM
11057
CALL
Silvercorp Metals
SVM
$2.61B
| $143K | ﹤0.01% |
47,700
+7,000
| +17% | +$27.6K |
|
|
PGP
11058
PIMCO Global StockPLUS & Income Fund
PGP
$103M
| $143K | ﹤0.01% |
18,364
+4,852
| +36% | +$39.1K |
|
11059
CALL
Helix Energy Solutions
HLX
$1.49B
| $143K | ﹤0.01% |
15,300
-44,000
| -74% | -$443K |
|
11060
Monte Rosa Therapeutics
GLUE
$1.35B
| $142K | ﹤0.01% |
+20,522
| New | +$154K |
|
11061
CALL
Kanzhun
BZ
$6.89B
| $142K | ﹤0.01% |
10,300
-85,100
| -89% | -$1.25M |
|
11062
PUT
inTEST
INTT
$174M
| $142K | ﹤0.01% |
16,500
-24,000
| -59% | -$182K |
|
|
NXC
11063
DELISTED
Nuveen CA Select Tax-Free Income Portfolio
NXC
| $141K | ﹤0.01% |
+10,930
| New | +$148K |
|
11064
Neuropace
NPCE
$498M
| $141K | ﹤0.01% |
+12,614
| New | +$110K |
|
11065
Lifecore Biomedical
LFCR
$179M
| $141K | ﹤0.01% |
18,982
+7,951
| +72% | +$50.8K |
|
11066
Heritage Global
HGBL
$37.5M
| $141K | ﹤0.01% |
76,179
+10,630
| +16% | +$17.9K |
|
|
ZUO
11067
PUT
DELISTED
Zuora, Inc.
ZUO
| $141K | ﹤0.01% |
14,200
-13,300
| -48% | -$129K |
|
11068
CALL
Solid Power
SLDP
$545M
| $141K | ﹤0.01% |
+74,500
| New | +$92.1K |
|
11069
CALL
Comstock
LODE
$261M
| $141K | ﹤0.01% |
17,590
+10,010
| +132% | +$42.8K |
|
11070
Nuveen California Municipal Value Fund
NCA
$304M
| $140K | ﹤0.01% |
+16,617
| New | +$147K |
|
11071
PUT
Cemex
CX
$16B
| $140K | ﹤0.01% |
24,800
-39,300
| -61% | -$223K |
|
11072
PUT
Northwest Bancshares
NWBI
$2.31B
| $140K | ﹤0.01% |
10,600
-2,400
| -18% | -$33.3K |
|
11073
PUT
PetMed Express
PETS
$43.4M
| $140K | ﹤0.01% |
29,000
-44,100
| -60% | -$207K |
|
|
JBIO
11074
PUT
Jade Biosciences
JBIO
$1.51B
| $140K | ﹤0.01% |
1,506
+772
| +105% | +$66.5K |
|
11075
CALL
Liberty Global Class C
LBTYK
$3.48B
| $139K | ﹤0.01% |
10,600
-12,200
| -54% | -$211K |
|
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.