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 | |
|---|---|---|---|---|---|---|
526
CALL
Cigna
CI
$73.4B
| $154M | 0.02% |
556,800
+43,800
| +9% | +$14M |
|
527
PUT
Vale
VALE
$58.9B
| $153M | 0.02% |
17,274,700
+5,020,800
| +41% | +$51.1M |
|
528
Progressive
PGR
$121B
| $153M | 0.02% |
638,840
+440,098
| +221% | +$111M |
|
529
CALL
Nucor
NUE
$62B
| $152M | 0.02% |
1,301,100
+335,400
| +35% | +$48.2M |
|
530
CALL
Devon Energy
DVN
$48.6B
| $151M | 0.02% |
4,617,900
+551,000
| +14% | +$20.8M |
|
531
CALL
iShares MSCI Brazil ETF
EWZ
$8.57B
| $151M | 0.02% |
6,700,700
-3,051,500
| -31% | -$81.7M |
|
532
CALL
Las Vegas Sands
LVS
$29.5B
| $150M | 0.02% |
2,926,200
-795,900
| -21% | -$41.3M |
|
|
DOCU
533
PUT
DocuSign
DOCU
$11.3B
| $150M | 0.02% |
1,670,500
+647,500
| +63% | +$51.7M |
|
534
CALL
Fortinet
FTNT
$121B
| $150M | 0.02% |
1,589,800
+228,900
| +17% | +$20.4M |
|
535
Cisco
CSCO
$442B
| $150M | 0.02% |
2,533,393
+1,807,112
| +249% | +$103M |
|
536
PUT
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.47B
| $149M | 0.02% |
5,419,400
+2,113,500
| +64% | +$41.9M |
|
537
PUT
Estee Lauder
EL
$31.6B
| $149M | 0.02% |
1,982,000
+189,400
| +11% | +$15M |
|
538
CALL
Celsius Holdings
CELH
$7.22B
| $148M | 0.02% |
5,634,800
+3,654,500
| +185% | +$108M |
|
539
PUT
CME Group
CME
$95.3B
| $148M | 0.02% |
639,000
+222,500
| +53% | +$51.2M |
|
540
PUT
Cameco
CCJ
$42.7B
| $148M | 0.02% |
2,883,000
+493,700
| +21% | +$26.9M |
|
541
CALL
Take-Two Interactive
TTWO
$45.1B
| $148M | 0.02% |
803,400
-205,100
| -20% | -$35.6M |
|
542
Merck
MRK
$332B
| $147M | 0.02% |
1,480,121
+1,021,564
| +223% | +$105M |
|
|
543
PUT
Fortinet
FTNT
$121B
| $147M | 0.02% |
1,552,600
-89,400
| -5% | -$7.95M |
|
544
CALL
Okta
OKTA
$26.4B
| $146M | 0.02% |
1,850,100
+370,900
| +25% | +$28.8M |
|
545
CALL
EOG Resources
EOG
$74.2B
| $146M | 0.02% |
1,188,700
-13,100
| -1% | -$1.67M |
|
|
546
PUT
Cigna
CI
$73.4B
| $145M | 0.02% |
524,700
+145,200
| +38% | +$46.3M |
|
547
PUT
KKR & Co
KKR
$102B
| $144M | 0.02% |
975,600
-53,400
| -5% | -$7.83M |
|
|
548
CALL
CME Group
CME
$95.3B
| $144M | 0.02% |
619,000
-165,400
| -21% | -$38M |
|
549
Thermo Fisher Scientific
TMO
$220B
| $144M | 0.02% |
276,173
+203,155
| +278% | +$112M |
|
550
CALL
Charter Communications
CHTR
$18.4B
| $144M | 0.02% |
419,000
+9,600
| +2% | +$3.47M |
|
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.