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 | |
|---|---|---|---|---|---|---|
776
PUT
Energy Transfer Partners
ET
$71.5B
| $90.7M | 0.01% |
4,627,700
+1,435,700
| +45% | +$25.4M |
|
777
PUT
GoDaddy
GDDY
$12.7B
| $90.5M | 0.01% |
458,300
+82,800
| +22% | +$15.1M |
|
778
CALL
Williams-Sonoma
WSM
$28.5B
| $90.4M | 0.01% |
488,000
+74,200
| +18% | +$11.8M |
|
779
CALL
PNC Financial Services
PNC
$102B
| $90.3M | 0.01% |
468,400
+22,700
| +5% | +$4.46M |
|
780
Marvell Technology
MRVL
$199B
| $89.9M | 0.01% |
813,924
+344,825
| +74% | +$32M |
|
781
ConocoPhillips
COP
$150B
| $89.8M | 0.01% |
906,006
+501,452
| +124% | +$53.2M |
|
782
PUT
Toll Brothers
TOL
$14B
| $89.5M | 0.01% |
710,600
+144,800
| +26% | +$21.5M |
|
783
RTX Corp
RTX
$297B
| $89.5M | 0.01% |
773,050
+362,560
| +88% | +$43.8M |
|
784
PUT
IonQ
IONQ
$18.2B
| $89.4M | 0.01% |
2,139,900
+1,599,100
| +296% | +$40.1M |
|
785
CALL
Kimberly-Clark
KMB
$36.8B
| $89.3M | 0.01% |
681,800
+225,000
| +49% | +$30.7M |
|
786
CALL
Global X Uranium ETF
URA
$6.31B
| $89.2M | 0.01% |
3,332,000
+273,800
| +9% | +$8.38M |
|
787
PUT
Wingstop
WING
$3.1B
| $89.1M | 0.01% |
313,400
-95,800
| -23% | -$32.6M |
|
788
Ford
F
$55.4B
| $89M | 0.01% |
8,994,925
-5,763,352
| -39% | -$61.5M |
|
789
PUT
Zillow
Z
$8.08B
| $88.8M | 0.01% |
1,199,100
-57,900
| -5% | -$4.14M |
|
790
PUT
Wayfair
W
$13.9B
| $88.7M | 0.01% |
2,001,000
+598,300
| +43% | +$28.2M |
|
|
X
791
DELISTED
US Steel
X
| $88.5M | 0.01% |
2,602,590
+1,271,784
| +96% | +$46.9M |
|
792
Moderna
MRNA
$25.4B
| $88.3M | 0.01% |
2,123,708
+815,129
| +62% | +$39M |
|
793
CALL
AST SpaceMobile
ASTS
$21.4B
| $88.2M | 0.01% |
4,179,000
-720,100
| -15% | -$17.6M |
|
794
CALL
Cardinal Health
CAH
$53.8B
| $88.1M | 0.01% |
744,500
+154,600
| +26% | +$18M |
|
795
CALL
FTAI Aviation
FTAI
$22.2B
| $88M | 0.01% |
611,000
-74,200
| -11% | -$10.9M |
|
796
PUT
Warner Bros
WBD
$69.6B
| $87.9M | 0.01% |
8,313,200
+2,226,900
| +37% | +$20.7M |
|
797
PUT
Tyson Foods
TSN
$19.8B
| $87.8M | 0.01% |
1,528,400
+370,500
| +32% | +$22.4M |
|
798
CALL
Duke Energy
DUK
$97.1B
| $87.7M | 0.01% |
813,800
+95,600
| +13% | +$10.8M |
|
|
799
Micron Technology
MU
$1.07T
| $87.6M | 0.01% |
1,040,613
-5,912,656
| -85% | -$601M |
|
800
PUT
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $87.6M | 0.01% |
1,578,800
+1,119,400
| +244% | +$63.9M |
|
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.