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 | |
|---|---|---|---|---|---|---|
2476
CALL
iShares S&P 500 Value ETF
IVE
$50.3B
| $11.6M | ﹤0.01% |
60,800
-3,300
| -5% | -$655K |
|
|
TIGR
2477
PUT
UP Fintech Holding
TIGR
$822M
| $11.6M | ﹤0.01% |
1,795,300
+1,229,300
| +217% | +$8.46M |
|
2478
CALL
Alliance Resource Partners
ARLP
$3.27B
| $11.6M | ﹤0.01% |
440,200
-62,500
| -12% | -$1.64M |
|
2479
PUT
Raymond James Financial
RJF
$34.8B
| $11.6M | ﹤0.01% |
74,500
-8,200
| -10% | -$1.24M |
|
2480
PUT
Global X MSCI Argentina ETF
ARGT
$808M
| $11.6M | ﹤0.01% |
139,800
+90,500
| +184% | +$7.02M |
|
2481
International Flavors & Fragrances
IFF
$21.5B
| $11.6M | ﹤0.01% |
136,629
-25,350
| -16% | -$2.38M |
|
2482
PUT
Cytokinetics
CYTK
$10.3B
| $11.5M | ﹤0.01% |
245,500
-75,000
| -23% | -$3.9M |
|
2483
CALL
Murphy USA
MUSA
$10.5B
| $11.5M | ﹤0.01% |
23,000
-18,400
| -44% | -$9.4M |
|
2484
PUT
Star Bulk Carriers
SBLK
$3.24B
| $11.5M | ﹤0.01% |
770,900
-205,200
| -21% | -$3.81M |
|
2485
Atmos Energy
ATO
$28.7B
| $11.5M | ﹤0.01% |
82,743
+24,421
| +42% | +$3.47M |
|
|
2486
Raymond James Financial
RJF
$34.8B
| $11.5M | ﹤0.01% |
74,116
+41,762
| +129% | +$6.31M |
|
2487
CDW
CDW
$17.4B
| $11.5M | ﹤0.01% |
66,108
+46,174
| +232% | +$8.97M |
|
|
BCPC
2488
CALL
Balchem Corp
BCPC
$5.69B
| $11.5M | ﹤0.01% |
70,500
-117,700
| -63% | -$20.4M |
|
2489
CMS Energy
CMS
$22.3B
| $11.5M | ﹤0.01% |
172,364
+34,114
| +25% | +$2.35M |
|
2490
Aptiv
APTV
$10.3B
| $11.5M | ﹤0.01% |
189,938
+76,315
| +67% | +$4.67M |
|
2491
CALL
Starwood Property Trust
STWD
$6.03B
| $11.5M | ﹤0.01% |
606,000
+52,300
| +9% | +$1.04M |
|
|
SF
2492
CALL
Stifel
SF
$12.9B
| $11.5M | ﹤0.01% |
162,300
-31,650
| -16% | -$2.26M |
|
2493
CALL
Magna International
MGA
$18.8B
| $11.5M | ﹤0.01% |
274,400
-144,600
| -35% | -$6.21M |
|
2494
CALL
Atlas Energy Solutions
AESI
$1.56B
| $11.5M | ﹤0.01% |
516,500
+322,300
| +166% | +$6.95M |
|
2495
US Foods
USFD
$23.6B
| $11.4M | ﹤0.01% |
169,681
-27,450
| -14% | -$1.8M |
|
2496
Intuitive Machines
LUNR
$3.05B
| $11.4M | ﹤0.01% |
630,236
-2,092,816
| -77% | -$23.2M |
|
2497
PUT
Argan
AGX
$8.11B
| $11.4M | ﹤0.01% |
83,500
+67,800
| +432% | +$9.31M |
|
2498
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $11.4M | ﹤0.01% |
39,600
+18,600
| +89% | +$5.32M |
|
|
DOCU
2499
DocuSign
DOCU
$11.8B
| $11.4M | ﹤0.01% |
127,082
-943,704
| -88% | -$75.4M |
|
2500
American Healthcare REIT
AHR
$10.5B
| $11.4M | ﹤0.01% |
401,970
+73,319
| +22% | +$1.97M |
|
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.