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 | |
|---|---|---|---|---|---|---|
4201
CALL
La-Z-Boy
LZB
$1.67B
| $3.45M | ﹤0.01% |
79,100
+10,100
| +15% | +$427K |
|
4202
CALL
AdaptHealth
AHCO
$775M
| $3.45M | ﹤0.01% |
362,000
-1,240,100
| -77% | -$12.6M |
|
4203
PUT
EVgo
EVGO
$519M
| $3.44M | ﹤0.01% |
850,100
+171,200
| +25% | +$1.09M |
|
4204
PUT
Legend Biotech
LEGN
$3.95B
| $3.44M | ﹤0.01% |
105,800
-43,800
| -29% | -$1.81M |
|
|
ITCI
4205
CALL
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.44M | ﹤0.01% |
41,200
-48,300
| -54% | -$3.97M |
|
4206
PUT
Kaspi.kz JSC
KSPI
$18.8B
| $3.44M | ﹤0.01% |
36,300
-17,300
| -32% | -$1.85M |
|
4207
PUT
Evercore
EVR
$11.8B
| $3.44M | ﹤0.01% |
12,400
-8,700
| -41% | -$2.46M |
|
|
NOVA
4208
DELISTED
Sunnova Energy
NOVA
| $3.43M | ﹤0.01% |
1,001,236
+655,234
| +189% | +$3.28M |
|
4209
YieldMax COIN Option Income Strategy ETF
CONY
$326M
| $3.43M | ﹤0.01% |
26,314
-4,289
| -14% | -$645K |
|
4210
PUT
Ginkgo Bioworks
DNA
$457M
| $3.42M | ﹤0.01% |
348,700
-98,500
| -22% | -$844K |
|
4211
Repligen
RGEN
$9.42B
| $3.42M | ﹤0.01% |
23,781
-25,669
| -52% | -$3.68M |
|
|
CNR
4212
Core Natural Resources Inc
CNR
$4.76B
| $3.42M | ﹤0.01% |
32,070
+20,870
| +186% | +$2.4M |
|
4213
CALL
Ericsson
ERIC
$33.6B
| $3.42M | ﹤0.01% |
424,300
-100,200
| -19% | -$814K |
|
4214
PUT
Piper Sandler
PIPR
$5.41B
| $3.42M | ﹤0.01% |
45,600
+20,000
| +78% | +$1.56M |
|
4215
Tradr 1.25X NVDA Bear Daily ETF
NVDS
$12.6M
| $3.42M | ﹤0.01% |
44,833
+38,551
| +614% | +$3.26M |
|
4216
CALL
Enpro
NPO
$7.27B
| $3.41M | ﹤0.01% |
+19,800
| New | +$3.35M |
|
4217
VF Corp
VFC
$5.85B
| $3.41M | ﹤0.01% |
159,107
-399,638
| -72% | -$8.14M |
|
4218
CALL
State Street SPDR S&P Insurance ETF
KIE
$684M
| $3.41M | ﹤0.01% |
60,400
-7,600
| -11% | -$442K |
|
4219
Genius Sports
GENI
$2.33B
| $3.41M | ﹤0.01% |
394,596
-189,792
| -32% | -$1.58M |
|
|
TOGA
4220
Tremblant Global ETF
TOGA
$186M
| $3.41M | ﹤0.01% |
113,641
+102,939
| +962% | +$3.08M |
|
4221
ALPS O'Shares Global Internet Giants ETF
OGIG
$113M
| $3.41M | ﹤0.01% |
74,164
-17,225
| -19% | -$782K |
|
|
CIM
4222
PUT
Chimera Investment
CIM
$988M
| $3.41M | ﹤0.01% |
243,600
+9,500
| +4% | +$142K |
|
4223
Cadeler
CDLR
$2.22B
| $3.41M | ﹤0.01% |
152,683
-2,054
| -1% | -$51.7K |
|
4224
iShares MSCI UAE ETF
UAE
$320M
| $3.41M | ﹤0.01% |
+207,115
| New | +$3.19M |
|
4225
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.85B
| $3.41M | ﹤0.01% |
116,784
-20,946
| -15% | -$634K |
|
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.