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 | |
|---|---|---|---|---|---|---|
|
EU
11201
PUT
enCore Energy
EU
$221M
| $118K | ﹤0.01% |
34,700
-62,000
| -64% | -$233K |
|
11202
Star Group
SGU
$411M
| $118K | ﹤0.01% |
10,246
-372
| -4% | -$4.38K |
|
|
NBH
11203
Neuberger Municipal Fund Inc
NBH
$304M
| $118K | ﹤0.01% |
+11,424
| New | +$123K |
|
11204
China Automotive Systems
CAAS
$142M
| $118K | ﹤0.01% |
+28,837
| New | +$126K |
|
|
RWT
11205
CALL
Redwood Trust
RWT
$599M
| $118K | ﹤0.01% |
18,100
-34,200
| -65% | -$246K |
|
11206
Bioceres Crop Solutions
BIOX
$27.4M
| $118K | ﹤0.01% |
+19,428
| New | +$133K |
|
11207
PUT
PennantPark Floating Rate Capital
PFLT
$752M
| $118K | ﹤0.01% |
+10,800
| New | +$121K |
|
11208
PUT
Adecoagro
AGRO
$1.31B
| $118K | ﹤0.01% |
12,500
-1,700
| -12% | -$18.6K |
|
11209
Lyell Immunopharma
LYEL
$337M
| $118K | ﹤0.01% |
9,207
+3,241
| +54% | +$64.2K |
|
11210
Information Services Group
III
$250M
| $118K | ﹤0.01% |
35,270
+3,162
| +10% | +$10.6K |
|
|
UDMY
11211
CALL
DELISTED
Udemy
UDMY
| $118K | ﹤0.01% |
14,300
-27,500
| -66% | -$222K |
|
|
11212
CALL
China Automotive Systems
CAAS
$142M
| $118K | ﹤0.01% |
28,700
-15,800
| -36% | -$69.1K |
|
|
DMF
11213
DELISTED
BNY Mellon Municipal Income
DMF
| $118K | ﹤0.01% |
+16,572
| New | +$120K |
|
11214
CALL
Solid Biosciences
SLDB
$974M
| $118K | ﹤0.01% |
29,400
-16,600
| -36% | -$91.2K |
|
11215
Sphere 3D
ANY
$18M
| $118K | ﹤0.01% |
+12,446
| New | +$145K |
|
11216
PUT
INmune Bio
INMB
$57.7M
| $117K | ﹤0.01% |
+25,100
| New | +$131K |
|
|
SVM
11217
PUT
Silvercorp Metals
SVM
$2.61B
| $117K | ﹤0.01% |
39,000
+4,300
| +12% | +$17K |
|
|
RGT
11218
Royce Global Value Trust
RGT
$101M
| $117K | ﹤0.01% |
+10,894
| New | +$125K |
|
|
FNUC
11219
CALL
Frontier Nuclear and Minerals Inc
FNUC
$50.5M
| $117K | ﹤0.01% |
+9,346
| New | +$39.9K |
|
11220
DMC Global
BOOM
$153M
| $117K | ﹤0.01% |
15,859
-36,314
| -70% | -$343K |
|
|
ICAD
11221
DELISTED
iCAD Inc
ICAD
| $117K | ﹤0.01% |
63,671
+45,770
| +256% | +$81.1K |
|
11222
BRC Group Holdings
RILY
$303M
| $116K | ﹤0.01% |
25,296
-19,040
| -43% | -$99.3K |
|
|
KRON
11223
DELISTED
Kronos Bio
KRON
| $116K | ﹤0.01% |
121,868
+71,619
| +143% | +$67.6K |
|
|
AP.WS
11224
DELISTED
Ampco-Pittsburgh Corp Series A Warrants
AP.WS
| $115K | ﹤0.01% |
1,276,571
-95
| -0% | -$9 |
|
11225
CALL
SkinHealth Systems
SKIN
$85.9M
| $115K | ﹤0.01% |
72,100
+5,000
| +7% | +$7.86K |
|
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.