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 | |
|---|---|---|---|---|---|---|
|
CNH
2801
CALL
CNH Industrial
CNH
$16.8B
| $8.92M | ﹤0.01% |
786,900
+192,400
| +32% | +$2.19M |
|
|
SNRE
2802
DELISTED
Sunrise Communications AG American Depositary Shares representing Class A shares
SNRE
| $8.91M | ﹤0.01% |
+206,801
| New | +$9.46M |
|
2803
Masco
MAS
$14.7B
| $8.91M | ﹤0.01% |
122,739
+52,166
| +74% | +$4.17M |
|
2804
CALL
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $8.9M | ﹤0.01% |
218,800
-83,400
| -28% | -$3.61M |
|
2805
PUT
Sterling Infrastructure
STRL
$17.6B
| $8.89M | ﹤0.01% |
52,800
-16,000
| -23% | -$2.76M |
|
2806
BHP
BHP
$220B
| $8.89M | ﹤0.01% |
181,988
+163,954
| +909% | +$8.91M |
|
2807
FlexShares STOXX Global ESG Select Index Fund
ESGG
$115M
| $8.88M | ﹤0.01% |
52,843
+24,322
| +85% | +$4.17M |
|
2808
CALL
Corebridge Financial
CRBG
$15.4B
| $8.88M | ﹤0.01% |
296,600
-203,800
| -41% | -$6.29M |
|
2809
Kratos Defense & Security Solutions
KTOS
$12.1B
| $8.87M | ﹤0.01% |
336,399
+114,700
| +52% | +$2.94M |
|
|
ONC
2810
CALL
BeOne Medicines Ltd
ONC
$39.3B
| $8.87M | ﹤0.01% |
48,000
-56,700
| -54% | -$11.6M |
|
|
AZPN
2811
CALL
DELISTED
Aspen Technology Inc
AZPN
| $8.86M | ﹤0.01% |
35,500
+13,800
| +64% | +$3.37M |
|
2812
Akamai
AKAM
$18B
| $8.82M | ﹤0.01% |
92,170
+60,943
| +195% | +$5.98M |
|
2813
Genuine Parts
GPC
$18.6B
| $8.81M | ﹤0.01% |
75,448
+27,374
| +57% | +$3.42M |
|
2814
Emergent Biosolutions
EBS
$235M
| $8.8M | ﹤0.01% |
920,783
+476,118
| +107% | +$4.37M |
|
2815
Schwab Emerging Markets Equity ETF
SCHE
$12.8B
| $8.79M | ﹤0.01% |
330,229
-6,088
| -2% | -$172K |
|
2816
CALL
Nordson
NDSN
$17.2B
| $8.79M | ﹤0.01% |
42,000
+36,100
| +612% | +$8.92M |
|
2817
CALL
Newell Brands
NWL
$2.66B
| $8.78M | ﹤0.01% |
881,900
+76,400
| +9% | +$693K |
|
2818
CALL
iShares MBS ETF
MBB
$39.1B
| $8.77M | ﹤0.01% |
95,700
+32,700
| +52% | +$3.04M |
|
2819
Expeditors International
EXPD
$24.2B
| $8.77M | ﹤0.01% |
79,165
+53,760
| +212% | +$6.41M |
|
2820
PUT
BigBear.ai
BBAI
$1.57B
| $8.77M | ﹤0.01% |
1,970,200
+1,294,300
| +191% | +$2.93M |
|
2821
Gulfport Energy Corp
GPOR
$3.01B
| $8.75M | ﹤0.01% |
47,528
+19,082
| +67% | +$3.06M |
|
2822
CALL
ProShares UltraPro Short 20+ Year Treasury
TTT
$18.6M
| $8.75M | ﹤0.01% |
109,400
+25,600
| +31% | +$1.83M |
|
2823
Canadian Pacific Kansas City
CP
$82.2B
| $8.74M | ﹤0.01% |
120,820
+115,687
| +2,254% | +$8.91M |
|
2824
PUT
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $8.74M | ﹤0.01% |
194,200
+149,975
| +339% | +$7.15M |
|
2825
CALL
Edison International
EIX
$27.5B
| $8.74M | ﹤0.01% |
109,500
+10,600
| +11% | +$886K |
|
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.