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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$3.62B |
| 2 |
NVIDIA
NVDA
|
+$2.91B |
| 3 |
Grayscale Bitcoin Trust
GBTC
|
+$841M |
| 4 |
iShares Russell 2000 ETF
IWM
|
+$614M |
| 5 |
Apple
AAPL
|
+$435M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street Financial Select Sector SPDR ETF
XLF
|
+$379M |
| 2 |
iShares China Large-Cap ETF
FXI
|
+$341M |
| 3 |
Kenvue
KVUE
|
+$281M |
| 4 |
Linde
LIN
|
+$273M |
| 5 |
DoorDash
DASH
|
+$272M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.96% |
| 2 | Consumer Discretionary | 1.26% |
| 3 | Financials | 0.68% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.58% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1501
CALL
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$192M
| $26.5M | ﹤0.01% |
791,400
-41,400
| -5% | -$1.4M |
|
1502
e.l.f. Beauty
ELF
$5.43B
| $26.5M | ﹤0.01% |
135,182
+100,877
| +294% | +$17.9M |
|
1503
PUT
BILL Holdings
BILL
$5.11B
| $26.4M | ﹤0.01% |
384,600
-355,000
| -48% | -$24.8M |
|
1504
CALL
Navios Maritime Partners
NMM
$2.31B
| $26.4M | ﹤0.01% |
620,100
-314,500
| -34% | -$10.5M |
|
|
PPL
1505
CALL
PPL Corp
PPL
$26.8B
| $26.4M | ﹤0.01% |
959,600
-278,500
| -22% | -$7.41M |
|
1506
Cardinal Health
CAH
$53.8B
| $26.4M | ﹤0.01% |
235,975
-19,979
| -8% | -$2.16M |
|
1507
CALL
Penumbra
PEN
$12.9B
| $26.4M | ﹤0.01% |
118,300
-53,400
| -31% | -$13.2M |
|
1508
Transocean
RIG
$6.39B
| $26.4M | ﹤0.01% |
4,202,902
+1,211,605
| +41% | +$6.61M |
|
1509
CALL
Ares Management
ARES
$33.7B
| $26.3M | ﹤0.01% |
198,000
+68,900
| +53% | +$8.8M |
|
1510
CALL
Signet Jewelers
SIG
$3.6B
| $26.3M | ﹤0.01% |
262,900
-299,600
| -53% | -$30M |
|
1511
iShares MSCI USA Quality Factor ETF
QUAL
$48.4B
| $26.3M | ﹤0.01% |
159,857
+39,606
| +33% | +$6.19M |
|
1512
CALL
M&T Bank
MTB
$36.6B
| $26.3M | ﹤0.01% |
180,500
-7,600
| -4% | -$1.05M |
|
1513
Prologis
PLD
$134B
| $26.2M | ﹤0.01% |
201,555
-72,864
| -27% | -$9.52M |
|
|
PXD
1514
DELISTED
Pioneer Natural Resource Co.
PXD
| $26.2M | ﹤0.01% |
99,859
-74,713
| -43% | -$17.5M |
|
1515
CALL
PG&E
PCG
$38.5B
| $26.1M | ﹤0.01% |
1,558,000
-384,600
| -20% | -$6.45M |
|
1516
Applovin
APP
$105B
| $26.1M | ﹤0.01% |
376,621
-657,711
| -64% | -$34.8M |
|
1517
Boston Scientific
BSX
$74.9B
| $26.1M | ﹤0.01% |
380,517
-340,829
| -47% | -$21.9M |
|
1518
PUT
T. Rowe Price
TROW
$23.7B
| $26M | ﹤0.01% |
213,200
-164,500
| -44% | -$18.4M |
|
1519
Burford Capital
BUR
$968M
| $25.9M | ﹤0.01% |
1,624,453
+788,437
| +94% | +$11.7M |
|
1520
Vanguard Short-Term Inflation-Protected Securities Index Fund
VTIP
$19.8B
| $25.9M | ﹤0.01% |
541,260
+372,254
| +220% | +$17.7M |
|
1521
PUT
Trane Technologies
TT
$105B
| $25.9M | ﹤0.01% |
86,200
+40,700
| +89% | +$11M |
|
1522
CALL
Eastman Chemical
EMN
$8.43B
| $25.9M | ﹤0.01% |
258,000
+90,000
| +54% | +$7.92M |
|
1523
Affirm
AFRM
$26.2B
| $25.8M | ﹤0.01% |
693,225
+636,211
| +1,116% | +$25.4M |
|
1524
CALL
ProShares Ultra S&P500
SSO
$8.51B
| $25.8M | ﹤0.01% |
666,200
-462,800
| -41% | -$16.4M |
|
1525
PUT
Krystal Biotech
KRYS
$9.72B
| $25.8M | ﹤0.01% |
145,000
-10,700
| -7% | -$1.49M |
|
Similar funds
Susquehanna International Group's Q1 2024 Portfolio in Review
As of Q1 2024, Susquehanna International Group held 13,901 positions worth $576B, up 9.6% from $525B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group's Q1 2024 filing shows 1,661 new, 4,870 increased, 5,404 reduced and 1,849 closed positions. Its largest new stake was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B. The largest sale was State Street Financial Select Sector SPDR ETF, an estimated $379M.
By sector, the portfolio is most concentrated in Technology at 3% of assets, up from 2.1% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q1 2024 buy was Grayscale Bitcoin Trust: 19,119,358 shares worth $1.09B.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q1 2024, an estimated $3.62B increase.
- Susquehanna International Group's biggest Q1 2024 reduction was State Street Financial Select Sector SPDR ETF, cutting an estimated $379M.
- Susquehanna International Group fully exited WisdomTree Japan Hedged Equity Fund in Q1 2024, selling an estimated $34.5M.
- Susquehanna International Group's ten largest holdings make up 25% of its $576B portfolio in Q1 2024.
- Susquehanna International Group opened 1,661 new positions and closed 1,849 in Q1 2024.
- Susquehanna International Group's portfolio value rose 9.6% quarter-over-quarter to $576B.
Based on Susquehanna International Group's 13F filing for Q1 2024, filed 7 May 2024.