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 | 0.59% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2226
CALL
ProShares UltraPro Short S&P 500
SPXU
$377M
| $13.3M | ﹤0.01% |
102,645
-15,250
| -13% | -$2.32M |
|
2227
International Flavors & Fragrances
IFF
$21.3B
| $13.2M | ﹤0.01% |
153,960
+9,179
| +6% | +$737K |
|
2228
Cedar Fair
FUN
$1.7B
| $13.2M | ﹤0.01% |
315,889
+300,863
| +2,002% | +$12.3M |
|
2229
CALL
Levi Strauss
LEVI
$8.56B
| $13.2M | ﹤0.01% |
661,700
-75,400
| -10% | -$1.31M |
|
2230
CALL
ArcelorMittal
MT
$55.9B
| $13.2M | ﹤0.01% |
479,600
-375,400
| -44% | -$10.1M |
|
2231
NIO
NIO
$11.3B
| $13.2M | ﹤0.01% |
2,938,408
+451,123
| +18% | +$2.72M |
|
2232
CALL
East-West Bancorp
EWBC
$18.7B
| $13.2M | ﹤0.01% |
167,000
+54,800
| +49% | +$4.01M |
|
2233
NextNav
NN
$3.28B
| $13.2M | ﹤0.01% |
2,007,247
+798,811
| +66% | +$3.56M |
|
2234
PUT
Deutsche Bank
DB
$72.2B
| $13.2M | ﹤0.01% |
837,500
+223,900
| +36% | +$3.06M |
|
2235
CALL
InMode
INMD
$880M
| $13.2M | ﹤0.01% |
609,100
-44,300
| -7% | -$991K |
|
2236
General Mills
GIS
$20.8B
| $13.1M | ﹤0.01% |
187,805
-154,471
| -45% | -$10.1M |
|
2237
Royalty Pharma
RPRX
$25.8B
| $13.1M | ﹤0.01% |
432,250
+1,617
| +0.4% | +$47.7K |
|
2238
PUT
Ball Corp
BALL
$16.1B
| $13.1M | ﹤0.01% |
194,600
-124,600
| -39% | -$7.57M |
|
2239
CALL
iShares MSCI ACWI ETF
ACWI
$33.6B
| $13.1M | ﹤0.01% |
118,800
+3,100
| +3% | +$326K |
|
2240
Navios Maritime Partners
NMM
$2.31B
| $13.1M | ﹤0.01% |
306,798
+59,204
| +24% | +$1.98M |
|
2241
PUT
Entegris
ENTG
$24.8B
| $13.1M | ﹤0.01% |
92,900
+15,700
| +20% | +$2.01M |
|
2242
CALL
Everest Group
EG
$14.1B
| $13M | ﹤0.01% |
32,800
+5,200
| +19% | +$1.95M |
|
2243
PUT
Goodyear
GT
$1.78B
| $13M | ﹤0.01% |
948,200
+52,400
| +6% | +$685K |
|
|
WIRE
2244
PUT
DELISTED
Encore Wire Corp
WIRE
| $13M | ﹤0.01% |
49,500
+17,000
| +52% | +$3.86M |
|
2245
PPG Industries
PPG
$25.3B
| $13M | ﹤0.01% |
89,680
-78,354
| -47% | -$11.1M |
|
2246
CALL
Arch Capital
ACGL
$33.5B
| $13M | ﹤0.01% |
140,500
+60,200
| +75% | +$5.09M |
|
2247
PUT
Danaos Corp
DAC
$2.58B
| $13M | ﹤0.01% |
179,700
-94,500
| -34% | -$6.97M |
|
2248
PUT
Molson Coors Class B
TAP
$7.86B
| $13M | ﹤0.01% |
192,900
-5,900
| -3% | -$374K |
|
2249
CALL
Unum
UNM
$14.7B
| $13M | ﹤0.01% |
241,500
+29,000
| +14% | +$1.41M |
|
|
BLD
2250
CALL
DELISTED
TopBuild
BLD
| $13M | ﹤0.01% |
29,400
+3,600
| +14% | +$1.41M |
|
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.