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 | |
|---|---|---|---|---|---|---|
1001
Regeneron Pharmaceuticals
REGN
$83B
| $58.5M | 0.01% |
82,192
+48,682
| +145% | +$40.9M |
|
|
FLG
1002
CALL
Flagstar Bank National Association
FLG
$5.92B
| $58.5M | 0.01% |
6,266,000
+1,148,600
| +22% | +$12.5M |
|
1003
Altria Group
MO
$109B
| $58.2M | 0.01% |
1,112,872
+573,721
| +106% | +$30.6M |
|
1004
CALL
Pultegroup
PHM
$24.9B
| $58M | 0.01% |
533,000
-55,600
| -9% | -$7.22M |
|
1005
CALL
Norfolk Southern
NSC
$75.9B
| $57.9M | 0.01% |
246,900
+50,900
| +26% | +$12.9M |
|
1006
CALL
Oneok
OKE
$58.4B
| $57.8M | 0.01% |
575,500
-14,400
| -2% | -$1.47M |
|
1007
CALL
Five Below
FIVE
$13.4B
| $57.5M | 0.01% |
548,200
-177,700
| -24% | -$17M |
|
1008
CALL
Crocs
CROX
$6.36B
| $57.4M | 0.01% |
524,400
-89,600
| -15% | -$10.4M |
|
1009
PUT
Whirlpool
WHR
$2.79B
| $57.3M | 0.01% |
500,800
-133,100
| -21% | -$14.7M |
|
1010
CALL
Caesars Entertainment
CZR
$6.04B
| $57.3M | 0.01% |
1,713,700
-498,200
| -23% | -$19.7M |
|
1011
CALL
Aptiv
APTV
$10.2B
| $57.2M | 0.01% |
945,500
+557,500
| +144% | +$34.1M |
|
1012
PUT
NIO
NIO
$11.3B
| $57.2M | 0.01% |
13,107,800
+3,410,100
| +35% | +$17.4M |
|
1013
CALL
Fidelity Wise Origin Bitcoin Fund
FBTC
$11.8B
| $57.1M | 0.01% |
+700,100
| New | +$50.8M |
|
|
1014
PUT
Crocs
CROX
$6.36B
| $57.1M | 0.01% |
521,400
+64,400
| +14% | +$7.49M |
|
1015
CALL
Sarepta Therapeutics
SRPT
$1.95B
| $56.9M | 0.01% |
467,900
+31,300
| +7% | +$3.84M |
|
|
1016
CALL
Whirlpool
WHR
$2.79B
| $56.8M | 0.01% |
496,300
-245,800
| -33% | -$27.1M |
|
1017
PUT
Diamondback Energy
FANG
$55.9B
| $56.8M | 0.01% |
346,600
-43,900
| -11% | -$7.74M |
|
1018
PUT
eBay
EBAY
$46.5B
| $56.8M | 0.01% |
916,600
-48,400
| -5% | -$3.07M |
|
1019
CALL
Intuitive Machines
LUNR
$2.82B
| $56.7M | 0.01% |
3,120,400
+2,855,400
| +1,078% | +$31.6M |
|
1020
Arista Networks
ANET
$257B
| $56.6M | 0.01% |
512,089
+269,221
| +111% | +$27.7M |
|
1021
CALL
Hewlett Packard
HPE
$79.2B
| $56.6M | 0.01% |
2,650,600
-1,771,000
| -40% | -$37.4M |
|
1022
CALL
Skyworks Solutions
SWKS
$10.5B
| $56.5M | 0.01% |
637,100
+155,600
| +32% | +$14.1M |
|
1023
CALL
iShares Gold Trust
IAU
$64.5B
| $56.5M | 0.01% |
1,140,300
-586,800
| -34% | -$29.5M |
|
1024
PUT
SiriusXM
SIRI
$9.43B
| $56.2M | 0.01% |
2,466,200
-1,115,200
| -31% | -$28.4M |
|
1025
PUT
Li Auto
LI
$12B
| $56.1M | 0.01% |
2,338,600
+414,600
| +22% | +$10.3M |
|
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.