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 | |
|---|---|---|---|---|---|---|
6026
PUT
Navitas Semiconductor
NVTS
$3.83B
| $1.45M | ﹤0.01% |
406,500
+196,800
| +94% | +$547K |
|
|
SMC
6027
CALL
Summit Midstream
SMC
$478M
| $1.45M | ﹤0.01% |
38,400
+11,600
| +43% | +$417K |
|
6028
AllianzIM U.S. Equity Buffer20 Nov ETF
NVBW
$96.4M
| $1.45M | ﹤0.01% |
46,841
+34,900
| +292% | +$1.07M |
|
|
PBT
6029
CALL
Permian Basin Royalty Trust
PBT
$1.56B
| $1.45M | ﹤0.01% |
130,900
+82,800
| +172% | +$993K |
|
6030
TETRA Technologies
TTI
$1.25B
| $1.45M | ﹤0.01% |
405,089
-70,614
| -15% | -$251K |
|
6031
MDU Resources
MDU
$4.32B
| $1.45M | ﹤0.01% |
80,475
-14,852
| -16% | -$261K |
|
6032
Enerpac Tool Group
EPAC
$1.89B
| $1.45M | ﹤0.01% |
35,258
+21,686
| +160% | +$993K |
|
6033
CALL
Brookfield Infrastructure
BIPC
$4.89B
| $1.45M | ﹤0.01% |
36,200
+800
| +2% | +$33.7K |
|
6034
PUT
Credicorp
BAP
$30.4B
| $1.45M | ﹤0.01% |
7,900
+6,400
| +427% | +$1.2M |
|
|
HYAC
6035
DELISTED
Haymaker Acquisition Corp 4
HYAC
| $1.45M | ﹤0.01% |
134,330
+82,939
| +161% | +$889K |
|
6036
Crane NXT
CXT
$2.92B
| $1.45M | ﹤0.01% |
24,845
+2,650
| +12% | +$152K |
|
6037
PUT
Delek Logistics
DKL
$2.85B
| $1.45M | ﹤0.01% |
34,200
+9,500
| +38% | +$379K |
|
6038
CALL
Elbit Systems
ESLT
$37B
| $1.45M | ﹤0.01% |
5,600
+1,100
| +24% | +$258K |
|
6039
CALL
Dyne Therapeutics
DYN
$4.81B
| $1.44M | ﹤0.01% |
61,300
-103,600
| -63% | -$3.06M |
|
6040
Vital Farms
VITL
$471M
| $1.44M | ﹤0.01% |
38,318
-190,285
| -83% | -$6.77M |
|
6041
ImmunityBio
IBRX
$8.35B
| $1.44M | ﹤0.01% |
563,911
+145,854
| +35% | +$608K |
|
6042
CALL
Cooper Companies
COO
$14.7B
| $1.44M | ﹤0.01% |
15,700
-46,700
| -75% | -$4.76M |
|
6043
Forward Air
FWRD
$656M
| $1.44M | ﹤0.01% |
44,743
-14,232
| -24% | -$497K |
|
6044
CALL
Pulse Biosciences
PLSE
$3.32B
| $1.44M | ﹤0.01% |
82,800
-30,000
| -27% | -$529K |
|
6045
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.77B
| $1.44M | ﹤0.01% |
29,560
+9,238
| +45% | +$476K |
|
6046
CALL
Leonardo DRS
DRS
$12.2B
| $1.44M | ﹤0.01% |
44,600
+26,600
| +148% | +$864K |
|
6047
Invesco Dorsey Wright Developed Markets Momentum ETF
PIZ
$738M
| $1.44M | ﹤0.01% |
39,635
-48,758
| -55% | -$1.83M |
|
6048
Jazz Pharmaceuticals
JAZZ
$16.1B
| $1.44M | ﹤0.01% |
11,674
-16,558
| -59% | -$1.95M |
|
|
GES
6049
DELISTED
Guess Inc
GES
| $1.44M | ﹤0.01% |
+102,217
| New | +$1.74M |
|
|
RNAM
6050
CALL
DELISTED
Avidity Biosciences
RNAM
| $1.44M | ﹤0.01% |
49,400
+11,500
| +30% | +$481K |
|
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.