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 | |
|---|---|---|---|---|---|---|
3376
CALL
Nabors Industries
NBR
$1.39B
| $5.82M | ﹤0.01% |
101,800
-328,900
| -76% | -$23.4M |
|
3377
State Street SPDR Nuveen ICE Municipal Bond ETF
TFI
$3.17B
| $5.82M | ﹤0.01% |
+127,482
| New | +$5.88M |
|
3378
First Interstate BancSystem
FIBK
$3.73B
| $5.81M | ﹤0.01% |
178,975
+64,520
| +56% | +$2.1M |
|
3379
CALL
Janux Therapeutics
JANX
$986M
| $5.81M | ﹤0.01% |
108,500
+28,500
| +36% | +$1.51M |
|
3380
Red Rock Resorts
RRR
$3.76B
| $5.81M | ﹤0.01% |
125,575
+73,412
| +141% | +$3.73M |
|
3381
PUT
CVR Energy
CVI
$3.54B
| $5.8M | ﹤0.01% |
309,700
-76,700
| -20% | -$1.55M |
|
3382
PUT
Incyte
INCY
$24.4B
| $5.8M | ﹤0.01% |
84,000
-49,800
| -37% | -$3.55M |
|
3383
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $5.8M | ﹤0.01% |
40,243
-4,283
| -10% | -$611K |
|
3384
PUT
Compass Minerals
CMP
$1.11B
| $5.79M | ﹤0.01% |
515,100
+445,200
| +637% | +$5.81M |
|
3385
PUT
YieldMax MSTR Option Income Strategy ETF
MSTY
$723M
| $5.79M | ﹤0.01% |
+43,980
| New | +$6.95M |
|
3386
Alliant Energy
LNT
$18.3B
| $5.78M | ﹤0.01% |
97,730
+15,063
| +18% | +$911K |
|
3387
International Bancshares
IBOC
$4.56B
| $5.77M | ﹤0.01% |
91,423
+74,935
| +454% | +$4.97M |
|
3388
CALL
Vivid Seats
SEAT
$80.7M
| $5.76M | ﹤0.01% |
62,245
+58,910
| +1,766% | +$4.39M |
|
3389
CALL
Coeur Mining
CDE
$19.3B
| $5.76M | ﹤0.01% |
1,007,300
-345,000
| -26% | -$2.23M |
|
3390
PUT
American Water Works
AWK
$27.1B
| $5.75M | ﹤0.01% |
46,200
-29,300
| -39% | -$3.95M |
|
3391
PUT
BRC Group Holdings
RILY
$299M
| $5.75M | ﹤0.01% |
1,252,600
-993,400
| -44% | -$5.18M |
|
3392
CALL
Nextpower Inc
NXT
$15.4B
| $5.75M | ﹤0.01% |
157,300
-79,000
| -33% | -$2.89M |
|
3393
CALL
Candel Therapeutics
CADL
$897M
| $5.74M | ﹤0.01% |
661,500
+637,900
| +2,703% | +$3.77M |
|
3394
CALL
Owens Corning
OC
$12.2B
| $5.74M | ﹤0.01% |
33,700
-4,000
| -11% | -$747K |
|
3395
PUT
Aecom
ACM
$8.12B
| $5.74M | ﹤0.01% |
53,700
+700
| +1% | +$76.4K |
|
3396
PUT
Coca-Cola Europacific Partners
CCEP
$47.6B
| $5.73M | ﹤0.01% |
74,600
-31,300
| -30% | -$2.42M |
|
3397
Helmerich & Payne
HP
$4.42B
| $5.72M | ﹤0.01% |
178,556
+7,281
| +4% | +$247K |
|
3398
PUT
Oscar Health
OSCR
$10.1B
| $5.72M | ﹤0.01% |
425,300
+175,000
| +70% | +$2.82M |
|
3399
State Street Technology Select Sector SPDR ETF
XLK
$124B
| $5.71M | ﹤0.01% |
49,124
+6,170
| +14% | +$718K |
|
3400
PUT
First Trust NASDAQ Cybersecurity ETF
CIBR
$15.6B
| $5.71M | ﹤0.01% |
90,000
+32,200
| +56% | +$2.02M |
|
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.