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 | |
|---|---|---|---|---|---|---|
3301
Vanguard Morningstar Total Stock Market ETF
VTI
$695B
| $6.13M | ﹤0.01% |
+21,136
| New | +$6.17M |
|
3302
CALL
XP
XP
$8.17B
| $6.12M | ﹤0.01% |
516,800
-677,500
| -57% | -$10.7M |
|
3303
Universal Health Services
UHS
$10B
| $6.12M | ﹤0.01% |
34,117
-9,814
| -22% | -$2M |
|
3304
ProShares UltraPro Short QQQ
SQQQ
$1.68B
| $6.1M | ﹤0.01% |
39,194
+36,776
| +1,521% | +$6.14M |
|
3305
DaVita
DVA
$11.5B
| $6.1M | ﹤0.01% |
40,802
-86,127
| -68% | -$13.5M |
|
3306
CALL
BorgWarner
BWA
$14B
| $6.1M | ﹤0.01% |
191,900
-121,700
| -39% | -$4.14M |
|
3307
PUT
Uranium Energy
UEC
$5.55B
| $6.1M | ﹤0.01% |
911,700
+246,900
| +37% | +$1.89M |
|
3308
Immunovant
IMVT
$8.64B
| $6.08M | ﹤0.01% |
245,650
+50,343
| +26% | +$1.43M |
|
|
VRNA
3309
PUT
DELISTED
Verona Pharma
VRNA
| $6.08M | ﹤0.01% |
131,000
+9,800
| +8% | +$368K |
|
3310
Opendoor
OPEN
$3.53B
| $6.08M | ﹤0.01% |
3,924,853
-1,244,253
| -24% | -$2.25M |
|
3311
CALL
Scholar Rock
SRRK
$6.4B
| $6.08M | ﹤0.01% |
140,600
+5,400
| +4% | +$176K |
|
3312
CBIZ
CBZ
$2.96B
| $6.08M | ﹤0.01% |
74,245
+39,404
| +113% | +$2.95M |
|
|
DESP
3313
DELISTED
Despegar.com
DESP
| $6.07M | ﹤0.01% |
315,336
+225,781
| +252% | +$3.55M |
|
3314
PennyMac Financial
PFSI
$4.05B
| $6.06M | ﹤0.01% |
59,356
+49,882
| +527% | +$5.22M |
|
|
SMCX
3315
CALL
Defiance Daily Target 2X Long SMCI ETF
SMCX
$305M
| $6.06M | ﹤0.01% |
+77,100
| New | +$14.5M |
|
3316
PUT
Polaris
PII
$3.95B
| $6.06M | ﹤0.01% |
105,100
+24,100
| +30% | +$1.68M |
|
3317
PUT
Icahn Enterprises
IEP
$5.27B
| $6.05M | ﹤0.01% |
698,200
-303,100
| -30% | -$3.67M |
|
3318
iShares MSCI USA Value Factor ETF
VLUE
$9.78B
| $6.05M | ﹤0.01% |
57,244
+52,599
| +1,132% | +$5.79M |
|
3319
CALL
Casella Waste Systems
CWST
$5.77B
| $6.04M | ﹤0.01% |
57,100
+52,100
| +1,042% | +$5.5M |
|
3320
Kodak
KODK
$979M
| $6.03M | ﹤0.01% |
918,054
+876,079
| +2,087% | +$4.98M |
|
3321
CALL
Aurora
AUR
$13.7B
| $6.03M | ﹤0.01% |
957,300
+247,400
| +35% | +$1.55M |
|
3322
PUT
Hormel Foods
HRL
$13.5B
| $6.03M | ﹤0.01% |
192,200
-171,200
| -47% | -$5.37M |
|
3323
CALL
Piper Sandler
PIPR
$5.41B
| $6.03M | ﹤0.01% |
80,400
+23,200
| +41% | +$1.81M |
|
3324
CALL
PagSeguro Digital
PAGS
$2.4B
| $6.03M | ﹤0.01% |
962,900
+347,700
| +57% | +$2.67M |
|
3325
Reinsurance Group of America
RGA
$16.3B
| $6.03M | ﹤0.01% |
28,211
-18,713
| -40% | -$4.08M |
|
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.