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 | |
|---|---|---|---|---|---|---|
3801
CALL
Ultragenyx Pharmaceutical
RARE
$2.61B
| $4.41M | ﹤0.01% |
104,900
-89,500
| -46% | -$4.44M |
|
3802
Murphy Oil
MUR
$4.96B
| $4.41M | ﹤0.01% |
145,793
+28,332
| +24% | +$911K |
|
3803
PUT
Warrior Met Coal
HCC
$5.19B
| $4.41M | ﹤0.01% |
81,300
+5,100
| +7% | +$326K |
|
|
ZK
3804
CALL
DELISTED
Zeekr
ZK
| $4.41M | ﹤0.01% |
155,300
+38,300
| +33% | +$975K |
|
3805
PUT
Neurogene
NGNE
$723M
| $4.4M | ﹤0.01% |
+192,600
| New | +$7.17M |
|
|
OPRA
3806
PUT
Opera Ltd
OPRA
$1.82B
| $4.4M | ﹤0.01% |
232,400
-96,800
| -29% | -$1.73M |
|
3807
Virtus Reaves Utilities ETF
UTES
$1.33B
| $4.4M | ﹤0.01% |
69,039
+56,333
| +443% | +$3.69M |
|
3808
PUT
Starwood Property Trust
STWD
$6.03B
| $4.4M | ﹤0.01% |
232,000
+25,700
| +12% | +$509K |
|
3809
PUT
Box
BOX
$4.52B
| $4.4M | ﹤0.01% |
139,100
+81,500
| +141% | +$2.67M |
|
3810
CALL
Banco Bradesco
BBD
$34.2B
| $4.39M | ﹤0.01% |
2,296,600
+698,500
| +44% | +$1.64M |
|
|
BERY
3811
CALL
DELISTED
Berry Global Group, Inc.
BERY
| $4.38M | ﹤0.01% |
67,800
+25,765
| +61% | +$1.7M |
|
3812
PUT
Equifax
EFX
$21.2B
| $4.38M | ﹤0.01% |
17,200
-8,900
| -34% | -$2.38M |
|
3813
Rezolute
RZLT
$443M
| $4.38M | ﹤0.01% |
893,601
+788,349
| +749% | +$3.97M |
|
3814
Genesis Energy
GEL
$1.93B
| $4.37M | ﹤0.01% |
432,610
+193,594
| +81% | +$2.29M |
|
3815
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$35.4M
| $4.37M | ﹤0.01% |
173,300
+8,800
| +5% | +$201K |
|
3816
JPMorgan Active Value ETF
JAVA
$7.2B
| $4.37M | ﹤0.01% |
69,034
+45,811
| +197% | +$3M |
|
3817
PUT
Veralto
VLTO
$23.8B
| $4.37M | ﹤0.01% |
42,900
-22,500
| -34% | -$2.4M |
|
3818
KE Holdings
BEKE
$18.8B
| $4.37M | ﹤0.01% |
237,090
+156,399
| +194% | +$3.22M |
|
3819
Abercrombie & Fitch
ANF
$4.8B
| $4.36M | ﹤0.01% |
29,180
-54,401
| -65% | -$7.95M |
|
3820
CALL
Service Corp International
SCI
$11.5B
| $4.36M | ﹤0.01% |
54,600
+10,900
| +25% | +$892K |
|
3821
VanEck Agribusiness ETF
MOO
$976M
| $4.36M | ﹤0.01% |
67,532
+28,589
| +73% | +$2.03M |
|
3822
Valley National Bancorp
VLY
$8.29B
| $4.36M | ﹤0.01% |
480,903
-113,011
| -19% | -$1.1M |
|
3823
CALL
HEICO Corp Class A
HEI.A
$38.4B
| $4.35M | ﹤0.01% |
23,400
+17,700
| +311% | +$3.57M |
|
3824
PUT
Cincinnati Financial
CINF
$26.6B
| $4.35M | ﹤0.01% |
30,300
-43,800
| -59% | -$6.4M |
|
3825
ACI Worldwide
ACIW
$5.4B
| $4.35M | ﹤0.01% |
83,865
+61,007
| +267% | +$3.24M |
|
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.