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 | |
|---|---|---|---|---|---|---|
3326
Krystal Biotech
KRYS
$9.83B
| $6.03M | ﹤0.01% |
38,468
+28,914
| +303% | +$5.13M |
|
3327
PUT
Host Hotels & Resorts
HST
$15.7B
| $6.02M | ﹤0.01% |
343,500
-3,700
| -1% | -$66.4K |
|
3328
CALL
MACOM Technology Solutions
MTSI
$24.2B
| $6.01M | ﹤0.01% |
46,300
-35,600
| -43% | -$4.48M |
|
|
ARR
3329
CALL
Armour Residential REIT
ARR
$2.37B
| $6.01M | ﹤0.01% |
318,800
+150,100
| +89% | +$2.88M |
|
3330
Boston Properties
BXP
$10.9B
| $6.01M | ﹤0.01% |
80,815
+31,652
| +64% | +$2.57M |
|
3331
PUT
Post Holdings
POST
$3.67B
| $6.01M | ﹤0.01% |
52,500
-30,400
| -37% | -$3.46M |
|
3332
PENN Entertainment
PENN
$2.52B
| $6M | ﹤0.01% |
302,968
-169,338
| -36% | -$3.33M |
|
3333
CALL
Rambus
RMBS
$10.9B
| $5.99M | ﹤0.01% |
113,400
+25,300
| +29% | +$1.29M |
|
3334
PUT
Dycom Industries
DY
$12.6B
| $5.99M | ﹤0.01% |
34,400
+17,700
| +106% | +$3.27M |
|
3335
Zeta Global
ZETA
$7.29B
| $5.99M | ﹤0.01% |
332,765
+194,871
| +141% | +$4.92M |
|
3336
Regency Centers
REG
$14B
| $5.99M | ﹤0.01% |
80,955
+23,058
| +40% | +$1.69M |
|
3337
BioMarin Pharmaceuticals
BMRN
$13B
| $5.98M | ﹤0.01% |
90,974
-19,149
| -17% | -$1.28M |
|
3338
PUT
Organon & Co
OGN
$3.6B
| $5.97M | ﹤0.01% |
400,000
+85,000
| +27% | +$1.39M |
|
3339
CALL
Annaly Capital Management
NLY
$17.6B
| $5.97M | ﹤0.01% |
326,000
-242,500
| -43% | -$4.74M |
|
3340
PUT
Brookfield Renewable
BEP
$10.4B
| $5.96M | ﹤0.01% |
261,700
+74,400
| +40% | +$1.9M |
|
3341
iShares Low Carbon Optimized MSCI ACWI ETF
CRBN
$1.19B
| $5.96M | ﹤0.01% |
30,807
-5,026
| -14% | -$993K |
|
3342
CALL
Allegiant Air
ALGT
$2.34B
| $5.96M | ﹤0.01% |
63,300
+28,400
| +81% | +$2.07M |
|
3343
PUT
iShares US Transportation ETF
IYT
$2.28B
| $5.95M | ﹤0.01% |
88,100
+23,500
| +36% | +$1.66M |
|
3344
CALL
QuinStreet
QNST
$1.18B
| $5.95M | ﹤0.01% |
258,000
+68,200
| +36% | +$1.44M |
|
3345
CALL
AvePoint
AVPT
$2.85B
| $5.95M | ﹤0.01% |
360,500
+140,200
| +64% | +$2.13M |
|
3346
iShares S&P 100 ETF
OEF
$20.5B
| $5.95M | ﹤0.01% |
20,595
-12,340
| -37% | -$3.53M |
|
3347
PUT
MKS Inc
MKSI
$21B
| $5.94M | ﹤0.01% |
56,900
-21,000
| -27% | -$2.27M |
|
3348
CALL
Cavco Industries
CVCO
$4.65B
| $5.93M | ﹤0.01% |
13,300
+12,200
| +1,109% | +$5.6M |
|
3349
CALL
Dentsply Sirona
XRAY
$2.31B
| $5.93M | ﹤0.01% |
312,600
+219,200
| +235% | +$4.64M |
|
|
EH
3350
CALL
EHang Holdings
EH
$450M
| $5.93M | ﹤0.01% |
376,500
+238,300
| +172% | +$3.83M |
|
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.