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 | |
|---|---|---|---|---|---|---|
|
AEVA
11401
CALL
Aeva Technologies
AEVA
$1.56B
| $90.7K | ﹤0.01% |
19,100
-1,700
| -8% | -$6.88K |
|
11402
CALL
Real Brokerage
REAX
$523M
| $90.6K | ﹤0.01% |
19,700
-73,100
| -79% | -$383K |
|
11403
Ultrapar
UGP
$6.55B
| $90.4K | ﹤0.01% |
34,378
+23,587
| +219% | +$78.2K |
|
11404
Siebert Financial
SIEB
$78.1M
| $90.4K | ﹤0.01% |
28,610
+13,934
| +95% | +$37.8K |
|
11405
PUT
Rackspace Technology
RXT
$1.1B
| $90.4K | ﹤0.01% |
40,900
-5,400
| -12% | -$13.6K |
|
11406
CALL
Citizens
CIA
$198M
| $90.2K | ﹤0.01% |
+22,500
| New | +$101K |
|
|
PMA
11407
Ming Shing Group
PMA
$21M
| $90.2K | ﹤0.01% |
+14,552
| New | +$85.4K |
|
|
PNNT
11408
PUT
Pennant Park Investment Corp
PNNT
$249M
| $89.9K | ﹤0.01% |
12,700
+1,700
| +15% | +$11.8K |
|
|
TRVG
11409
trivago
TRVG
$365M
| $89.9K | ﹤0.01% |
+41,227
| New | +$79.5K |
|
|
DM
11410
CALL
DELISTED
Desktop Metal, Inc.
DM
| $89.9K | ﹤0.01% |
38,400
+19,000
| +98% | +$80.5K |
|
11411
CALL
Trevi Therapeutics
TRVI
$2.59B
| $89.8K | ﹤0.01% |
21,800
+10,100
| +86% | +$32.3K |
|
|
MKDW
11412
MKDWELL Tech Inc
MKDW
$49.1M
| $89.8K | ﹤0.01% |
+3,265
| New | +$94.5K |
|
11413
CALL
Janus International
JBI
$686M
| $89.7K | ﹤0.01% |
+12,200
| New | +$101K |
|
11414
XTI Aerospace
XTIA
$60.4M
| $89.6K | ﹤0.01% |
+8,332
| New | +$156K |
|
|
FFWM
11415
CALL
DELISTED
First Foundation Inc
FFWM
| $89.4K | ﹤0.01% |
+14,400
| New | +$104K |
|
11416
Empire Petroleum
EP
$111M
| $89.3K | ﹤0.01% |
+11,756
| New | +$69.6K |
|
11417
Heron Therapeutics
HRTX
$63.5M
| $89.2K | ﹤0.01% |
58,311
-68,806
| -54% | -$112K |
|
11418
CALL
Brookdale Senior Living
BKD
$3B
| $89K | ﹤0.01% |
17,700
-9,500
| -35% | -$54.4K |
|
11419
CALL
Comtech Telecommunications
CMTL
$52.7M
| $89K | ﹤0.01% |
22,200
-184,900
| -89% | -$661K |
|
11420
CALL
ThredUp
TDUP
$416M
| $88.4K | ﹤0.01% |
+63,600
| New | +$71.3K |
|
11421
Telos
TLS
$344M
| $88.2K | ﹤0.01% |
25,797
-21,169
| -45% | -$75.7K |
|
11422
Polestar Automotive Holding UK
PSNY
$2B
| $87.6K | ﹤0.01% |
2,781
-22,787
| -89% | -$826K |
|
11423
Ultralife
ULBI
$124M
| $87.6K | ﹤0.01% |
11,758
-17,443
| -60% | -$143K |
|
|
GF
11424
New Germany Fund
GF
$188M
| $87.5K | ﹤0.01% |
11,215
-1,523
| -12% | -$12.7K |
|
11425
Fractyl Health
GUTS
$105M
| $87.3K | ﹤0.01% |
+42,374
| New | +$98.7K |
|
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.