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 | |
|---|---|---|---|---|---|---|
11701
Optical Cable Corp
OCC
$149M
| $47K | ﹤0.01% |
+13,024
| New | +$32.2K |
|
11702
PUT
Babcock & Wilcox
BW
$1.4B
| $46.9K | ﹤0.01% |
28,600
-28,900
| -50% | -$61.1K |
|
11703
Xilio Therapeutics
XLO
$59.8M
| $46.9K | ﹤0.01% |
+3,507
| New | +$48.2K |
|
|
RAPT
11704
DELISTED
RAPT Therapeutics
RAPT
| $46.7K | ﹤0.01% |
3,692
+2,417
| +190% | +$30.7K |
|
11705
TOMI Environmental Solutions
TOMZ
$13.2M
| $46.7K | ﹤0.01% |
+14,816
| New | +$35.4K |
|
11706
New Concept Energy
GBR
$3.69M
| $46.6K | ﹤0.01% |
+40,161
| New | +$47.6K |
|
11707
Lulu's Fashion Lounge
LVLU
$50.8M
| $46.3K | ﹤0.01% |
2,731
+1,823
| +201% | +$37.2K |
|
11708
SOPHiA GENETICS
SOPH
$642M
| $46.3K | ﹤0.01% |
+14,835
| New | +$50.5K |
|
11709
Skye Bioscience
SKYE
$19.3M
| $46.3K | ﹤0.01% |
16,350
+1,058
| +7% | +$4.42K |
|
11710
PUT
Relay Therapeutics
RLAY
$4.44B
| $46.1K | ﹤0.01% |
11,200
-11,200
| -50% | -$60.9K |
|
|
ICAD
11711
PUT
DELISTED
iCAD Inc
ICAD
| $46.1K | ﹤0.01% |
25,200
+10,900
| +76% | +$19.3K |
|
11712
PUT
Caribou Biosciences
CRBU
$167M
| $46.1K | ﹤0.01% |
+29,000
| New | +$58.3K |
|
11713
CALL
Stem
STEM
$55.4M
| $45.8K | ﹤0.01% |
3,820
-3,980
| -51% | -$34.3K |
|
|
PLG
11714
Platinum Group Metals
PLG
$189M
| $45.8K | ﹤0.01% |
35,747
-6,822
| -16% | -$11K |
|
11715
Key Tronic
KTCC
$42.9M
| $45.7K | ﹤0.01% |
10,959
+64
| +0.6% | +$347 |
|
|
NEWP
11716
New Pacific Metals
NEWP
$1.22B
| $45.7K | ﹤0.01% |
38,703
-569
| -1% | -$887 |
|
11717
CALL
IHS Holding
IHS
$2.82B
| $45.6K | ﹤0.01% |
15,600
-15,000
| -49% | -$45.5K |
|
|
PRT
11718
PermRock Royalty Trust Unit
PRT
$26.9M
| $45.5K | ﹤0.01% |
+12,926
| New | +$49.8K |
|
11719
Santander
BSBR
$43.3B
| $45.2K | ﹤0.01% |
11,570
-4,292
| -27% | -$19.6K |
|
11720
Apyx Medical
APYX
$128M
| $45K | ﹤0.01% |
28,450
+15,380
| +118% | +$21.5K |
|
11721
PUT
Zentalis Pharmaceuticals
ZNTL
$309M
| $44.8K | ﹤0.01% |
14,800
-18,200
| -55% | -$59.6K |
|
11722
CALL
PDS Biotechnology
PDSB
$13.4M
| $44.8K | ﹤0.01% |
+27,500
| New | +$72.8K |
|
|
MRSN
11723
CALL
DELISTED
Mersana Therapeutics
MRSN
| $44.8K | ﹤0.01% |
1,252
-248
| -17% | -$12.8K |
|
|
NVX
11724
NOVONIX
NVX
$105M
| $44.7K | ﹤0.01% |
+24,859
| New | +$48.2K |
|
|
SBDS
11725
DELISTED
Solo Brands Inc
SBDS
| $44.3K | ﹤0.01% |
972
-18
| -2% | -$892 |
|
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.