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 | |
|---|---|---|---|---|---|---|
2626
PUT
Guidewire Software
GWRE
$14.6B
| $10.3M | ﹤0.01% |
61,100
+7,000
| +13% | +$1.31M |
|
2627
CALL
Unum
UNM
$14.8B
| $10.3M | ﹤0.01% |
141,000
+11,800
| +9% | +$814K |
|
2628
CALL
Nokia
NOK
$60.1B
| $10.3M | ﹤0.01% |
2,323,900
-304,100
| -12% | -$1.36M |
|
2629
PUT
Calumet Specialty Products
CLMT
$4.19B
| $10.3M | ﹤0.01% |
467,500
-2,000
| -0.4% | -$42K |
|
|
BRSL
2630
CALL
Brightstar Lottery PLC
BRSL
$2.15B
| $10.3M | ﹤0.01% |
582,800
+194,100
| +50% | +$3.82M |
|
2631
Vaxcyte
PCVX
$8.64B
| $10.3M | ﹤0.01% |
125,396
+80,926
| +182% | +$8.04M |
|
2632
PUT
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $10.3M | ﹤0.01% |
326,200
+20,800
| +7% | +$679K |
|
2633
CALL
Wendy's
WEN
$1.65B
| $10.3M | ﹤0.01% |
629,000
+53,600
| +9% | +$978K |
|
2634
PUT
Grab
GRAB
$14.8B
| $10.2M | ﹤0.01% |
2,171,200
+1,394,400
| +180% | +$6.35M |
|
2635
PUT
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $10.2M | ﹤0.01% |
151,300
-127,100
| -46% | -$9.27M |
|
|
VRNA
2636
CALL
DELISTED
Verona Pharma
VRNA
| $10.2M | ﹤0.01% |
220,600
-18,700
| -8% | -$702K |
|
2637
Builders FirstSource
BLDR
$7.8B
| $10.2M | ﹤0.01% |
71,632
-6,262
| -8% | -$1.11M |
|
|
FYBR
2638
PUT
DELISTED
Frontier Communications
FYBR
| $10.2M | ﹤0.01% |
295,000
-430,100
| -59% | -$15.1M |
|
2639
CALL
ProShares UltraPro Dow 30
UDOW
$924M
| $10.2M | ﹤0.01% |
216,000
-113,000
| -34% | -$5.72M |
|
2640
Occidental Petroleum Corp Warrants
OXY.WS
$34.3B
| $10.2M | ﹤0.01% |
370,282
+38,388
| +12% | +$1.1M |
|
2641
CALL
Conagra Brands
CAG
$7.5B
| $10.2M | ﹤0.01% |
367,400
-752,400
| -67% | -$21.4M |
|
2642
PUT
Genuine Parts
GPC
$18.6B
| $10.2M | ﹤0.01% |
87,300
+10,700
| +14% | +$1.33M |
|
2643
PUT
Ovintiv
OVV
$17.4B
| $10.2M | ﹤0.01% |
251,400
+12,100
| +5% | +$504K |
|
2644
PUT
Gartner
IT
$11.4B
| $10.2M | ﹤0.01% |
21,000
+4,800
| +30% | +$2.47M |
|
2645
PUT
Trimble
TRMB
$13.4B
| $10.2M | ﹤0.01% |
143,900
+96,900
| +206% | +$6.59M |
|
2646
United States Natural Gas Fund
UNG
$487M
| $10.2M | ﹤0.01% |
604,583
+137,920
| +30% | +$1.97M |
|
2647
CALL
Direxion Daily Technology Bear 3x ETF
TECS
$59.6M
| $10.2M | ﹤0.01% |
21,300
+20,471
| +2,469% | +$9.94M |
|
2648
Amcor
AMCR
$21.3B
| $10.1M | ﹤0.01% |
215,492
+98,176
| +84% | +$5.13M |
|
|
XIFR
2649
PUT
XPLR Infrastructure LP
XIFR
$1.11B
| $10.1M | ﹤0.01% |
569,500
-169,400
| -23% | -$3.38M |
|
2650
Seagate
STX
$221B
| $10.1M | ﹤0.01% |
117,099
+86,931
| +288% | +$8.75M |
|
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.