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 | |
|---|---|---|---|---|---|---|
2551
CALL
Bausch Health
BHC
$2.43B
| $10.9M | ﹤0.01% |
1,354,900
+841,500
| +164% | +$6.94M |
|
|
COOP
2552
CALL
DELISTED
Mr. Cooper
COOP
| $10.9M | ﹤0.01% |
113,100
-54,300
| -32% | -$5.16M |
|
2553
PUT
Parsons
PSN
$5.12B
| $10.9M | ﹤0.01% |
117,700
+106,000
| +906% | +$10.8M |
|
2554
Cincinnati Financial
CINF
$26.6B
| $10.9M | ﹤0.01% |
75,514
+16,594
| +28% | +$2.42M |
|
2555
CALL
Vital Farms
VITL
$468M
| $10.8M | ﹤0.01% |
287,800
+180,100
| +167% | +$6.4M |
|
|
SW
2556
Smurfit Westrock
SW
$25.8B
| $10.8M | ﹤0.01% |
201,344
+108,173
| +116% | +$5.51M |
|
2557
PUT
Cirrus Logic
CRUS
$6.07B
| $10.8M | ﹤0.01% |
108,900
+85,500
| +365% | +$9.39M |
|
2558
Loews
L
$23.1B
| $10.8M | ﹤0.01% |
127,866
+73,503
| +135% | +$6.06M |
|
2559
CALL
Vanguard Long-Term Treasury ETF
VGLT
$10.3B
| $10.8M | ﹤0.01% |
195,600
-73,400
| -27% | -$4.25M |
|
2560
WisdomTree US Total Dividend Fund
DTD
$1.7B
| $10.8M | ﹤0.01% |
142,681
+80,785
| +131% | +$6.29M |
|
2561
CALL
MasTec
MTZ
$23.9B
| $10.8M | ﹤0.01% |
79,500
-176,500
| -69% | -$23.7M |
|
2562
Omnicom Group
OMC
$24B
| $10.8M | ﹤0.01% |
125,777
+83,315
| +196% | +$8.26M |
|
2563
PUT
Logitech
LOGI
$14.8B
| $10.8M | ﹤0.01% |
131,400
-234,200
| -64% | -$19.4M |
|
2564
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $10.8M | ﹤0.01% |
157,500
+85,000
| +117% | +$5.72M |
|
2565
PUT
-1x Short VIX Futures ETF
SVIX
$173M
| $10.8M | ﹤0.01% |
425,300
+47,100
| +12% | +$1.25M |
|
2566
CALL
Oscar Health
OSCR
$10.1B
| $10.8M | ﹤0.01% |
802,500
-49,800
| -6% | -$802K |
|
2567
CALL
Baxter International
BAX
$13.8B
| $10.8M | ﹤0.01% |
369,100
+21,800
| +6% | +$734K |
|
|
AZEK
2568
DELISTED
The AZEK Co
AZEK
| $10.7M | ﹤0.01% |
226,445
-205,330
| -48% | -$9.81M |
|
2569
PUT
Monster Beverage
MNST
$91.7B
| $10.7M | ﹤0.01% |
409,000
-19,000
| -4% | -$504K |
|
2570
CALL
Danaos Corp
DAC
$2.58B
| $10.7M | ﹤0.01% |
134,200
-262,200
| -66% | -$21.6M |
|
2571
Warby Parker
WRBY
$3.2B
| $10.7M | ﹤0.01% |
443,478
+66,526
| +18% | +$1.36M |
|
2572
PUT
Invesco
IVZ
$14.4B
| $10.7M | ﹤0.01% |
612,900
-752,400
| -55% | -$13.4M |
|
2573
Steris
STE
$22.7B
| $10.7M | ﹤0.01% |
52,110
+35,883
| +221% | +$7.87M |
|
2574
ECARX Holdings
ECX
$421M
| $10.7M | ﹤0.01% |
5,069,836
| – | – |
|
2575
CALL
Camping World
CWH
$662M
| $10.7M | ﹤0.01% |
507,400
-23,000
| -4% | -$524K |
|
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.