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 | |
|---|---|---|---|---|---|---|
376
PUT
Workday
WDAY
$43.7B
| $233M | 0.04% |
903,000
-143,700
| -14% | -$36.7M |
|
377
PUT
Upstart Holdings
UPST
$2.85B
| $233M | 0.04% |
3,784,100
+373,500
| +11% | +$23.3M |
|
378
PUT
PepsiCo
PEP
$192B
| $233M | 0.04% |
1,529,800
-64,900
| -4% | -$10.6M |
|
379
PUT
State Street Consumer Staples Select Sector SPDR ETF
XLP
$14.9B
| $232M | 0.04% |
2,947,000
+852,000
| +41% | +$69.2M |
|
380
CALL
State Street SPDR S&P Biotech ETF
XBI
$10.4B
| $232M | 0.04% |
2,571,800
-448,300
| -15% | -$43.4M |
|
381
CALL
Lowe's Companies
LOW
$122B
| $231M | 0.03% |
936,600
-13,900
| -1% | -$3.71M |
|
382
CALL
Energy Transfer Partners
ET
$72.6B
| $231M | 0.03% |
11,780,900
+1,036,500
| +10% | +$18.4M |
|
383
Home Depot
HD
$343B
| $229M | 0.03% |
589,208
+230,366
| +64% | +$94.1M |
|
384
PUT
Airbnb
ABNB
$109B
| $229M | 0.03% |
1,740,300
+153,300
| +10% | +$20.6M |
|
385
CALL
TJX Companies
TJX
$169B
| $228M | 0.03% |
1,886,900
+471,700
| +33% | +$56.3M |
|
386
PUT
KraneShares CSI China Internet ETF
KWEB
$5.35B
| $227M | 0.03% |
7,765,700
-2,611,600
| -25% | -$83.8M |
|
387
CALL
United Parcel Service
UPS
$89.2B
| $227M | 0.03% |
1,798,100
+111,900
| +7% | +$14.7M |
|
388
CALL
Western Digital
WDC
$168B
| $227M | 0.03% |
5,028,194
+290,796
| +6% | +$14.6M |
|
389
PUT
Eaton
ETN
$177B
| $227M | 0.03% |
682,700
+361,000
| +112% | +$127M |
|
390
CALL
Atlassian
TEAM
$40B
| $227M | 0.03% |
930,700
+453,100
| +95% | +$104M |
|
391
PUT
Ford
F
$55.7B
| $224M | 0.03% |
22,663,000
-867,700
| -4% | -$9.25M |
|
392
CALL
WIX.com
WIX
$3.02B
| $224M | 0.03% |
1,044,900
+394,600
| +61% | +$75.4M |
|
393
CALL
Valero Energy
VLO
$95.6B
| $224M | 0.03% |
1,828,200
-254,100
| -12% | -$34M |
|
394
CALL
SoundHound AI
SOUN
$3.27B
| $223M | 0.03% |
11,242,200
+8,985,900
| +398% | +$86.6M |
|
395
CALL
Direxion Daily Semiconductor Bull 3X ETF
SOXL
$25.8B
| $223M | 0.03% |
8,157,900
-170,200
| -2% | -$5.41M |
|
396
PUT
Albemarle
ALB
$15.7B
| $223M | 0.03% |
2,585,900
+422,900
| +20% | +$42.1M |
|
397
CALL
ProShares Ultra Bloomberg Natural Gas
BOIL
$405M
| $222M | 0.03% |
1,990,650
+1,469,040
| +282% | +$132M |
|
398
CALL
Hershey
HSY
$37.4B
| $222M | 0.03% |
1,312,000
+647,100
| +97% | +$116M |
|
399
PUT
Enphase Energy
ENPH
$5.35B
| $222M | 0.03% |
3,235,100
+282,200
| +10% | +$22.4M |
|
400
PUT
ARK Innovation ETF
ARKK
$6.5B
| $221M | 0.03% |
3,885,500
+937,100
| +32% | +$50.2M |
|
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.