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 | |
|---|---|---|---|---|---|---|
551
PUT
Autodesk
ADSK
$52.1B
| $144M | 0.02% |
485,700
+167,900
| +53% | +$49.6M |
|
552
PUT
VF Corp
VFC
$5.8B
| $143M | 0.02% |
6,686,300
+191,800
| +3% | +$3.91M |
|
553
Vanguard Total World Stock ETF
VT
$81.8B
| $143M | 0.02% |
1,215,217
+1,177,651
| +3,135% | +$141M |
|
|
554
CALL
VF Corp
VFC
$5.8B
| $142M | 0.02% |
6,628,500
+1,473,300
| +29% | +$30M |
|
555
PUT
PNC Financial Services
PNC
$102B
| $142M | 0.02% |
737,200
-62,100
| -8% | -$12.2M |
|
556
CALL
McKesson
MCK
$100B
| $142M | 0.02% |
249,300
-17,300
| -6% | -$9.69M |
|
557
PUT
Sea Limited
SE
$75.3B
| $142M | 0.02% |
1,338,000
+167,200
| +14% | +$17.6M |
|
|
NVO
558
PUT
Novo Nordisk
NVO
$201B
| $142M | 0.02% |
1,650,100
-729,000
| -31% | -$78.8M |
|
559
PUT
Constellation Brands
STZ
$23.2B
| $142M | 0.02% |
642,200
-46,400
| -7% | -$11M |
|
560
PUT
Domino's
DPZ
$11.6B
| $142M | 0.02% |
337,700
-57,500
| -15% | -$25.1M |
|
561
CALL
HCA Healthcare
HCA
$88.6B
| $141M | 0.02% |
470,600
+260,800
| +124% | +$91.1M |
|
562
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.6M
| $141M | 0.02% |
2,016,400
+1,896,355
| +1,580% | +$136M |
|
563
PUT
Trade Desk
TTD
$6.57B
| $141M | 0.02% |
1,199,200
+57,200
| +5% | +$7.08M |
|
564
AbbVie
ABBV
$443B
| $141M | 0.02% |
792,721
+467,534
| +144% | +$86M |
|
565
CALL
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $141M | 0.02% |
485,800
+16,200
| +3% | +$4.73M |
|
566
PUT
Ross Stores
ROST
$78.4B
| $141M | 0.02% |
930,200
+612,400
| +193% | +$90M |
|
567
Qualcomm
QCOM
$173B
| $140M | 0.02% |
912,011
+327,454
| +56% | +$53.6M |
|
568
PUT
Astera Labs
ALAB
$57B
| $140M | 0.02% |
1,057,500
+771,900
| +270% | +$72.4M |
|
569
Dell
DELL
$321B
| $140M | 0.02% |
1,210,955
+547,499
| +83% | +$68.7M |
|
570
Coca-Cola
KO
$377B
| $139M | 0.02% |
2,236,701
+1,365,157
| +157% | +$89.1M |
|
571
PUT
Affirm
AFRM
$26B
| $138M | 0.02% |
2,259,100
-502,700
| -18% | -$27.9M |
|
572
PUT
Rivian
RIVN
$23.1B
| $137M | 0.02% |
10,291,200
-1,080,500
| -10% | -$12.4M |
|
573
PUT
Celsius Holdings
CELH
$7.22B
| $137M | 0.02% |
5,187,900
+1,304,300
| +34% | +$38.7M |
|
574
CALL
Akamai
AKAM
$17.9B
| $137M | 0.02% |
1,428,500
+386,200
| +37% | +$37.9M |
|
575
CALL
Microchip Technology
MCHP
$43.2B
| $136M | 0.02% |
2,366,500
-1,152,200
| -33% | -$79.2M |
|
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.