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 | |
|---|---|---|---|---|---|---|
2301
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $12.5M | ﹤0.01% |
138,900
-979,500
| -88% | -$86.3M |
|
2302
PUT
Enbridge
ENB
$111B
| $12.4M | ﹤0.01% |
344,100
+59,400
| +21% | +$2.11M |
|
2303
CALL
Erie Indemnity
ERIE
$13.3B
| $12.4M | ﹤0.01% |
31,000
-7,300
| -19% | -$2.69M |
|
|
RC
2304
PUT
Ready Capital
RC
$301M
| $12.4M | ﹤0.01% |
1,363,000
+1,315,900
| +2,794% | +$12.2M |
|
2305
Criteo S.A. Ordinary Shares
CRTO
$920M
| $12.4M | ﹤0.01% |
354,693
+333,409
| +1,566% | +$9.99M |
|
2306
XPeng
XPEV
$11.2B
| $12.4M | ﹤0.01% |
1,619,549
+692,027
| +75% | +$6.71M |
|
2307
CALL
MKS Inc
MKSI
$20.9B
| $12.4M | ﹤0.01% |
93,400
+26,900
| +40% | +$3.13M |
|
2308
PUT
Groupon
GRPN
$894M
| $12.4M | ﹤0.01% |
931,100
+338,500
| +57% | +$5.16M |
|
2309
The Mosaic Company
MOS
$6.99B
| $12.4M | ﹤0.01% |
382,114
+111,465
| +41% | +$3.55M |
|
2310
PUT
GlobalFoundries
GFS
$30.1B
| $12.4M | ﹤0.01% |
238,000
+8,000
| +3% | +$438K |
|
2311
PUT
Universal Display
OLED
$4.13B
| $12.4M | ﹤0.01% |
73,600
+17,500
| +31% | +$3.04M |
|
2312
CALL
iShares MSCI EAFE Value ETF
EFV
$30.2B
| $12.4M | ﹤0.01% |
+227,900
| New | +$11.9M |
|
2313
PUT
Kinross Gold
KGC
$32.8B
| $12.4M | ﹤0.01% |
2,021,100
+539,100
| +36% | +$2.93M |
|
2314
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.68B
| $12.4M | ﹤0.01% |
47,276
+1,480
| +3% | +$437K |
|
|
HES
2315
DELISTED
Hess
HES
| $12.4M | ﹤0.01% |
81,071
-132,221
| -62% | -$19.2M |
|
2316
PUT
HDFC Bank
HDB
$120B
| $12.4M | ﹤0.01% |
441,800
+421,200
| +2,045% | +$11.9M |
|
2317
iShares MSCI Japan ETF
EWJ
$23.2B
| $12.4M | ﹤0.01% |
173,135
-1,765,872
| -91% | -$120M |
|
2318
CALL
American Eagle Outfitters
AEO
$2.72B
| $12.3M | ﹤0.01% |
478,200
-879,700
| -65% | -$19.5M |
|
2319
Vanguard S&P 500 ETF
VOO
$1.04T
| $12.3M | ﹤0.01% |
25,626
+8,944
| +54% | +$4.09M |
|
2320
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $12.3M | ﹤0.01% |
381,600
+92,700
| +32% | +$2.96M |
|
|
SPR
2321
DELISTED
Spirit AeroSystems
SPR
| $12.3M | ﹤0.01% |
340,925
+191,284
| +128% | +$5.8M |
|
2322
CALL
Hyatt Hotels
H
$17.1B
| $12.3M | ﹤0.01% |
77,000
+19,200
| +33% | +$2.7M |
|
|
BPMC
2323
DELISTED
Blueprint Medicines
BPMC
| $12.3M | ﹤0.01% |
129,497
+40,254
| +45% | +$3.45M |
|
|
CIVI
2324
CALL
DELISTED
Civitas Resources
CIVI
| $12.3M | ﹤0.01% |
161,700
-14,700
| -8% | -$983K |
|
2325
PUT
Fabrinet
FN
$20.6B
| $12.3M | ﹤0.01% |
64,900
+36,500
| +129% | +$7.32M |
|
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.