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 | |
|---|---|---|---|---|---|---|
2826
CALL
PAR Technology
PAR
$788M
| $8.74M | ﹤0.01% |
120,300
-11,400
| -9% | -$780K |
|
2827
CALL
Solventum
SOLV
$15.1B
| $8.74M | ﹤0.01% |
132,300
+46,500
| +54% | +$3.26M |
|
2828
PUT
Carlyle Group
CG
$17.6B
| $8.73M | ﹤0.01% |
172,900
+9,900
| +6% | +$502K |
|
2829
CALL
Harley-Davidson
HOG
$2.89B
| $8.71M | ﹤0.01% |
289,200
-32,000
| -10% | -$1.06M |
|
2830
PUT
Vipshop
VIPS
$6.81B
| $8.71M | ﹤0.01% |
646,700
-429,800
| -40% | -$6.17M |
|
2831
Magnite
MGNI
$3.55B
| $8.7M | ﹤0.01% |
546,725
+284,920
| +109% | +$4.18M |
|
2832
dLocal
DLO
$4.17B
| $8.7M | ﹤0.01% |
772,981
-37,467
| -5% | -$377K |
|
2833
CALL
Deutsche Bank
DB
$72.5B
| $8.68M | ﹤0.01% |
509,300
+397,300
| +355% | +$6.83M |
|
2834
CALL
Harrow
HROW
$1.5B
| $8.67M | ﹤0.01% |
258,300
-242,600
| -48% | -$10.7M |
|
2835
CALL
California Resources
CRC
$4.73B
| $8.67M | ﹤0.01% |
167,000
+65,700
| +65% | +$3.57M |
|
2836
CALL
Commault Systems
CVLT
$6.1B
| $8.66M | ﹤0.01% |
57,400
-13,100
| -19% | -$2.11M |
|
2837
CALL
Cedar Fair
FUN
$1.68B
| $8.64M | ﹤0.01% |
179,200
-97,600
| -35% | -$4.28M |
|
2838
Domino's
DPZ
$11.5B
| $8.63M | ﹤0.01% |
20,570
+9,673
| +89% | +$4.23M |
|
2839
Clover Health Investments
CLOV
$2.44B
| $8.63M | ﹤0.01% |
2,739,678
+860,480
| +46% | +$3.08M |
|
2840
HEICO Corp
HEI
$52.4B
| $8.6M | ﹤0.01% |
36,191
+5,259
| +17% | +$1.36M |
|
2841
PUT
Groupon
GRPN
$875M
| $8.6M | ﹤0.01% |
707,600
-178,500
| -20% | -$1.87M |
|
2842
uniQure
QURE
$3.37B
| $8.6M | ﹤0.01% |
486,809
+326,715
| +204% | +$2.82M |
|
2843
Incyte
INCY
$24.4B
| $8.6M | ﹤0.01% |
124,463
-37,508
| -23% | -$2.67M |
|
2844
Mid-America Apartment Communities
MAA
$15.5B
| $8.59M | ﹤0.01% |
55,605
+5,296
| +11% | +$827K |
|
|
2845
CALL
dLocal
DLO
$4.17B
| $8.59M | ﹤0.01% |
763,000
+19,900
| +3% | +$200K |
|
2846
PUT
Birkenstock
BIRK
$7B
| $8.58M | ﹤0.01% |
151,400
-175,200
| -54% | -$8.89M |
|
2847
PUT
Owens Corning
OC
$12.2B
| $8.57M | ﹤0.01% |
50,300
+31,200
| +163% | +$5.83M |
|
2848
Teladoc Health
TDOC
$1.24B
| $8.57M | ﹤0.01% |
942,363
+571,552
| +154% | +$5.52M |
|
2849
CALL
Gold Fields
GFI
$36B
| $8.56M | ﹤0.01% |
648,300
-425,800
| -40% | -$6.48M |
|
2850
Kohl's
KSS
$2.18B
| $8.56M | ﹤0.01% |
609,451
-81,992
| -12% | -$1.41M |
|
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.