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 | |
|---|---|---|---|---|---|---|
801
CALL
Cboe Global Markets
CBOE
$30.6B
| $87.4M | 0.01% |
447,100
+82,300
| +23% | +$16.9M |
|
802
CALL
Viking Therapeutics
VKTX
$3.84B
| $87.3M | 0.01% |
2,170,500
-53,200
| -2% | -$3.03M |
|
803
CALL
Ross Stores
ROST
$78.6B
| $87.1M | 0.01% |
575,800
+256,800
| +81% | +$37.7M |
|
804
CALL
Phillips 66
PSX
$92.8B
| $86.9M | 0.01% |
762,600
+5,100
| +0.7% | +$649K |
|
805
PUT
Norwegian Cruise Line
NCLH
$8.98B
| $86.6M | 0.01% |
3,365,700
-1,342,100
| -29% | -$33.9M |
|
806
CALL
Mobileye
MBLY
$7.57B
| $86.1M | 0.01% |
4,321,900
+1,565,100
| +57% | +$24.6M |
|
807
CALL
Chewy
CHWY
$9.2B
| $86.1M | 0.01% |
2,570,300
-220,100
| -8% | -$6.85M |
|
808
PUT
Nutrien
NTR
$32.2B
| $85.5M | 0.01% |
1,910,800
-613,400
| -24% | -$29.1M |
|
809
Vale
VALE
$58.7B
| $85.4M | 0.01% |
9,628,253
+4,640,999
| +93% | +$47.2M |
|
810
CALL
Illumina
ILMN
$29.1B
| $85.1M | 0.01% |
636,900
+263,300
| +70% | +$37.5M |
|
811
CALL
Rio Tinto
RIO
$160B
| $85M | 0.01% |
1,445,300
-214,500
| -13% | -$13.7M |
|
|
PARA
812
DELISTED
Paramount Global Class B
PARA
| $84.9M | 0.01% |
8,120,026
+1,456,187
| +22% | +$15.6M |
|
813
PUT
iShares Expanded Tech-Software Sector ETF
IGV
$15.2B
| $84.9M | 0.01% |
847,500
+249,800
| +42% | +$24.8M |
|
814
PUT
Dow Inc
DOW
$21.9B
| $84.8M | 0.01% |
2,112,200
+895,000
| +74% | +$41.8M |
|
815
PUT
United States Natural Gas Fund
UNG
$489M
| $84.7M | 0.01% |
5,038,700
+1,033,100
| +26% | +$14.8M |
|
816
CALL
argenx
ARGX
$53.6B
| $84.6M | 0.01% |
137,500
+50,400
| +58% | +$29.5M |
|
817
CALL
Equinix
EQIX
$106B
| $84.5M | 0.01% |
89,600
-6,100
| -6% | -$5.61M |
|
818
CALL
Madrigal Pharmaceuticals
MDGL
$11.7B
| $84.2M | 0.01% |
272,900
+40,900
| +18% | +$11.5M |
|
819
PUT
KB Home
KBH
$3.45B
| $84.2M | 0.01% |
1,280,800
-51,900
| -4% | -$4.04M |
|
820
Capital One
COF
$137B
| $84M | 0.01% |
470,905
+388,092
| +469% | +$67.2M |
|
821
CALL
CleanSpark
CLSK
$2.96B
| $83.6M | 0.01% |
9,078,100
+5,325,600
| +142% | +$64.4M |
|
822
iShares MSCI India ETF
INDA
$6.58B
| $83.1M | 0.01% |
1,579,114
+581,711
| +58% | +$32M |
|
823
Danaher
DHR
$143B
| $83M | 0.01% |
361,671
+168,174
| +87% | +$41.3M |
|
824
CALL
Quanta Services
PWR
$101B
| $82.5M | 0.01% |
261,100
+97,700
| +60% | +$31.4M |
|
825
CALL
Live Nation Entertainment
LYV
$43.3B
| $81.9M | 0.01% |
632,800
+176,500
| +39% | +$22.2M |
|
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.