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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.58B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.43B |
| 3 |
Boeing
BA
|
+$283M |
| 4 |
CrowdStrike
CRWD
|
+$251M |
| 5 |
Coinbase
COIN
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$845M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$837M |
| 3 |
Broadcom
AVGO
|
+$691M |
| 4 |
NVIDIA
NVDA
|
+$662M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$660M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.85% |
| 2 | Consumer Discretionary | 1.02% |
| 3 | Financials | 0.76% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
NVO
301
PUT
Novo Nordisk
NVO
$203B
| $283M | 0.05% |
2,379,100
+937,500
| +65% | +$125M |
|
302
Salesforce
CRM
$158B
| $283M | 0.05% |
1,034,027
+88,787
| +9% | +$22.7M |
|
303
CALL
Microchip Technology
MCHP
$43.1B
| $283M | 0.05% |
3,518,700
+1,866,500
| +113% | +$154M |
|
304
CALL
Valero Energy
VLO
$95.1B
| $281M | 0.05% |
2,082,300
-345,900
| -14% | -$50.2M |
|
305
PUT
Wynn Resorts
WYNN
$10.6B
| $281M | 0.05% |
2,931,700
+791,000
| +37% | +$63.6M |
|
306
CALL
Airbnb
ABNB
$108B
| $281M | 0.05% |
2,214,400
-392,500
| -15% | -$50.9M |
|
307
CALL
Hilton Worldwide
HLT
$72.6B
| $278M | 0.05% |
1,205,300
+618,100
| +105% | +$134M |
|
308
CALL
S&P Global
SPGI
$121B
| $276M | 0.05% |
535,000
+4,100
| +0.8% | +$2.03M |
|
309
CALL
General Motors
GM
$76.1B
| $274M | 0.05% |
6,114,400
-4,189,700
| -41% | -$194M |
|
310
PUT
Arista Networks
ANET
$265B
| $273M | 0.05% |
2,844,800
-94,400
| -3% | -$8.22M |
|
311
PUT
PepsiCo
PEP
$189B
| $271M | 0.05% |
1,594,700
+836,500
| +110% | +$144M |
|
|
XYZ
312
CALL
Block Inc
XYZ
$47B
| $271M | 0.05% |
4,032,700
-667,400
| -14% | -$43.1M |
|
313
CALL
Delta Air Lines
DAL
$59.1B
| $271M | 0.05% |
5,327,100
+951,500
| +22% | +$41.5M |
|
314
CALL
Humana
HUM
$46.7B
| $269M | 0.05% |
850,200
+146,600
| +21% | +$52.2M |
|
315
PUT
Newmont
NEM
$124B
| $268M | 0.05% |
5,020,700
-524,200
| -9% | -$26M |
|
316
PUT
Direxion Daily 20+ Year Treasury Bull 3X ETF
TMF
$2.13B
| $266M | 0.05% |
4,610,500
+2,511,100
| +120% | +$140M |
|
317
Adobe
ADBE
$103B
| $265M | 0.05% |
512,059
+321,957
| +169% | +$177M |
|
318
PUT
Cisco
CSCO
$488B
| $264M | 0.05% |
4,953,900
-21,400
| -0.4% | -$1.04M |
|
319
CALL
United States Oil Fund
USO
$1.8B
| $263M | 0.05% |
3,763,500
+1,409,400
| +60% | +$106M |
|
320
PUT
American Airlines Group
AAL
$9.88B
| $262M | 0.05% |
23,339,300
-7,995,200
| -26% | -$84.6M |
|
321
TSMC
TSM
$2.23T
| $262M | 0.05% |
1,508,458
-474,112
| -24% | -$80.8M |
|
322
CALL
United Rentals
URI
$70.3B
| $258M | 0.05% |
318,600
+30,400
| +11% | +$21.9M |
|
323
CALL
State Street SPDR S&P Oil & Gas Exploration & Production ETF
XOP
$3.68B
| $257M | 0.05% |
1,957,800
+690,300
| +54% | +$95.4M |
|
324
PUT
Take-Two Interactive
TTWO
$45.4B
| $257M | 0.05% |
1,675,000
+1,130,100
| +207% | +$171M |
|
325
CALL
Lowe's Companies
LOW
$121B
| $257M | 0.05% |
950,500
+57,100
| +6% | +$13.8M |
|
Similar funds
Susquehanna International Group's Q3 2024 Portfolio in Review
As of Q3 2024, Susquehanna International Group held 13,475 positions worth $572B, up 6.6% from $537B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group's Q3 2024 filing shows 1,572 new, 5,247 increased, 4,924 reduced and 1,625 closed positions. Its largest new stake was Camtek: 408,771 shares worth $32.6M. The largest sale was Apple, an estimated $845M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q3 2024 buy was Camtek: 408,771 shares worth $32.6M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $2.58B increase.
- Susquehanna International Group's biggest Q3 2024 reduction was Apple, cutting an estimated $845M.
- Susquehanna International Group fully exited iShares Convertible Bond ETF in Q3 2024, selling an estimated $80.5M.
- Susquehanna International Group's ten largest holdings make up 25% of its $572B portfolio in Q3 2024.
- Susquehanna International Group opened 1,572 new positions and closed 1,625 in Q3 2024.
- Susquehanna International Group's portfolio value rose 6.6% quarter-over-quarter to $572B.
Based on Susquehanna International Group's 13F filing for Q3 2024, filed 14 Nov 2024.