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 | |
|---|---|---|---|---|---|---|
251
PUT
iShares Semiconductor ETF
SOXX
$46.2B
| $371M | 0.06% |
1,721,400
-78,900
| -4% | -$17.6M |
|
252
CALL
Vanguard Information Technology ETF
VGT
$149B
| $370M | 0.06% |
4,764,800
+880,800
| +23% | +$67.7M |
|
253
CALL
3M
MMM
$94.8B
| $370M | 0.06% |
2,863,300
-597,700
| -17% | -$78.4M |
|
254
PUT
Lowe's Companies
LOW
$121B
| $369M | 0.06% |
1,493,300
+38,900
| +3% | +$10.4M |
|
255
PUT
iShares Bitcoin Trust
IBIT
$47.2B
| $366M | 0.06% |
+6,901,100
| New | +$326M |
|
256
CALL
United States Oil Fund
USO
$1.8B
| $366M | 0.06% |
4,842,500
+1,079,000
| +29% | +$78.9M |
|
257
CALL
AT&T
T
$166B
| $365M | 0.06% |
16,019,600
-660,500
| -4% | -$14.9M |
|
258
PUT
Thermo Fisher Scientific
TMO
$223B
| $364M | 0.06% |
700,600
+145,100
| +26% | +$79.8M |
|
259
Flutter Entertainment
FLUT
$17B
| $364M | 0.06% |
1,409,029
+660,409
| +88% | +$167M |
|
260
PUT
Intuitive Surgical
ISRG
$142B
| $364M | 0.05% |
697,600
+39,900
| +6% | +$20.8M |
|
261
PUT
GE Aerospace
GE
$379B
| $363M | 0.05% |
2,178,500
-382,500
| -15% | -$68.3M |
|
262
PUT
Intuit
INTU
$91.6B
| $363M | 0.05% |
578,000
-80,100
| -12% | -$51.2M |
|
263
PUT
Honeywell
HON
$74.6B
| $363M | 0.05% |
1,705,451
+1,035,217
| +154% | +$216M |
|
264
CALL
Arista Networks
ANET
$265B
| $361M | 0.05% |
3,268,700
+29,500
| +0.9% | +$3.03M |
|
265
PUT
GE Vernova
GEV
$277B
| $360M | 0.05% |
1,095,700
+263,100
| +32% | +$82.2M |
|
266
PUT
Johnson & Johnson
JNJ
$629B
| $360M | 0.05% |
2,491,200
+567,100
| +29% | +$87.9M |
|
267
CALL
Coca-Cola
KO
$373B
| $359M | 0.05% |
5,773,900
-1,386,500
| -19% | -$90.5M |
|
268
CALL
Affirm
AFRM
$24.6B
| $358M | 0.05% |
5,884,500
+833,800
| +17% | +$46.3M |
|
269
CALL
Accenture
ACN
$110B
| $353M | 0.05% |
1,004,300
-228,700
| -19% | -$82.3M |
|
270
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $352M | 0.05% |
2,008,900
+225,900
| +13% | +$40.8M |
|
|
271
CALL
GE Vernova
GEV
$277B
| $352M | 0.05% |
1,069,700
-186,200
| -15% | -$58.2M |
|
272
CALL
Danaher
DHR
$145B
| $352M | 0.05% |
1,532,600
+71,500
| +5% | +$17.6M |
|
273
PUT
Shopify
SHOP
$194B
| $351M | 0.05% |
3,301,400
-1,429,200
| -30% | -$139M |
|
274
PUT
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $350M | 0.05% |
2,541,000
-19,700
| -0.8% | -$2.88M |
|
275
PUT
Datadog
DDOG
$86.5B
| $348M | 0.05% |
2,436,400
+269,100
| +12% | +$37M |
|
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.