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 | |
|---|---|---|---|---|---|---|
1976
CALL
Fortive
FTV
$18.6B
| $16.8M | ﹤0.01% |
258,632
-28,796
| -10% | -$1.75M |
|
|
MDC
1977
CALL
DELISTED
M.D.C. Holdings, Inc.
MDC
| $16.7M | ﹤0.01% |
266,000
+200,100
| +304% | +$12.2M |
|
1978
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $16.7M | ﹤0.01% |
639,345
+122,824
| +24% | +$3.22M |
|
1979
Fortinet
FTNT
$121B
| $16.7M | ﹤0.01% |
244,644
-211,745
| -46% | -$14.1M |
|
1980
PUT
RenaissanceRe
RNR
$13.2B
| $16.7M | ﹤0.01% |
71,000
+5,200
| +8% | +$1.15M |
|
1981
PUT
Baker Hughes
BKR
$63B
| $16.7M | ﹤0.01% |
498,000
+43,500
| +10% | +$1.34M |
|
|
EMBJ
1982
PUT
Embraer S.A. ADS
EMBJ
$13.2B
| $16.6M | ﹤0.01% |
624,700
+40,700
| +7% | +$808K |
|
1983
CALL
Corebridge Financial
CRBG
$15.1B
| $16.6M | ﹤0.01% |
578,000
+553,300
| +2,240% | +$13.7M |
|
1984
PUT
MasTec
MTZ
$22.6B
| $16.6M | ﹤0.01% |
177,900
+57,000
| +47% | +$4.33M |
|
1985
CALL
Vail Resorts
MTN
$5.29B
| $16.6M | ﹤0.01% |
74,400
+57,500
| +340% | +$12.8M |
|
|
FLG
1986
Flagstar Bank National Association
FLG
$5.9B
| $16.5M | ﹤0.01% |
1,712,642
+1,486,430
| +657% | +$27.5M |
|
1987
CALL
State Street
STT
$52.2B
| $16.5M | ﹤0.01% |
213,800
-71,500
| -25% | -$5.3M |
|
1988
CALL
TE Connectivity
TEL
$62B
| $16.5M | ﹤0.01% |
113,700
-13,100
| -10% | -$1.84M |
|
1989
Edwards Lifesciences
EW
$53.6B
| $16.5M | ﹤0.01% |
172,728
-41,318
| -19% | -$3.47M |
|
1990
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $16.5M | ﹤0.01% |
328,500
-64,300
| -16% | -$3.11M |
|
1991
CALL
Chemours
CC
$2.29B
| $16.5M | ﹤0.01% |
627,300
+189,600
| +43% | +$5.4M |
|
1992
TG Therapeutics
TGTX
$7.58B
| $16.5M | ﹤0.01% |
1,082,360
-866,297
| -44% | -$13.8M |
|
1993
CALL
Banc of California
BANC
$3.1B
| $16.5M | ﹤0.01% |
1,082,200
+220,800
| +26% | +$3.07M |
|
1994
PUT
Vanguard Morningstar Growth ETF
VUG
$231B
| $16.4M | ﹤0.01% |
286,200
+151,200
| +112% | +$8.31M |
|
1995
PUT
Bloom Energy
BE
$69.6B
| $16.4M | ﹤0.01% |
1,458,800
+489,000
| +50% | +$5.38M |
|
1996
Dollar Tree
DLTR
$24.7B
| $16.4M | ﹤0.01% |
123,008
-1,154
| -0.9% | -$159K |
|
1997
CALL
British American Tobacco
BTI
$124B
| $16.4M | ﹤0.01% |
536,300
+8,800
| +2% | +$265K |
|
1998
CALL
Lantheus
LNTH
$6.57B
| $16.3M | ﹤0.01% |
262,100
-108,700
| -29% | -$6.4M |
|
1999
CALL
Deutsche Bank
DB
$72.4B
| $16.3M | ﹤0.01% |
1,032,500
-1,115,500
| -52% | -$15.3M |
|
2000
CALL
SiriusXM
SIRI
$9.43B
| $16.3M | ﹤0.01% |
419,290
+96,550
| +30% | +$4.59M |
|
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.