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 | |
|---|---|---|---|---|---|---|
1151
PUT
W.W. Grainger
GWW
$62.2B
| $47.9M | 0.01% |
45,400
+17,100
| +60% | +$19.3M |
|
1152
CALL
Fastenal
FAST
$58.9B
| $47.8M | 0.01% |
1,330,000
+274,200
| +26% | +$10.7M |
|
|
SCHW
1153
Charles Schwab
SCHW
$190B
| $47.7M | 0.01% |
644,831
+418,552
| +185% | +$31.3M |
|
|
FL
1154
PUT
DELISTED
Foot Locker
FL
| $47.7M | 0.01% |
2,190,300
+145,900
| +7% | +$3.41M |
|
1155
PUT
Teva Pharmaceuticals
TEVA
$42.6B
| $47.6M | 0.01% |
2,160,800
+624,400
| +41% | +$11.4M |
|
1156
Enphase Energy
ENPH
$5.39B
| $47.6M | 0.01% |
693,319
+222,006
| +47% | +$17.6M |
|
1157
CALL
Antero Resources
AR
$11.3B
| $47.6M | 0.01% |
1,357,100
+92,100
| +7% | +$2.79M |
|
1158
CALL
MGM Resorts International
MGM
$11.1B
| $47.5M | 0.01% |
1,371,700
+285,300
| +26% | +$10.8M |
|
1159
PUT
Snap
SNAP
$8.96B
| $47.5M | 0.01% |
4,409,400
-481,100
| -10% | -$5.42M |
|
1160
CALL
Royal Gold
RGLD
$19.1B
| $47.5M | 0.01% |
359,900
-97,500
| -21% | -$14.1M |
|
1161
CALL
Petrobras
PBR
$115B
| $47.4M | 0.01% |
3,686,100
-413,900
| -10% | -$5.78M |
|
1162
CALL
Hartford Financial Services
HIG
$37.8B
| $47.3M | 0.01% |
432,200
+325,400
| +305% | +$37.7M |
|
1163
PUT
Alaska Air
ALK
$5.3B
| $47.3M | 0.01% |
730,000
-139,100
| -16% | -$7.31M |
|
1164
Prologis
PLD
$134B
| $47.3M | 0.01% |
447,152
+272,980
| +157% | +$31.4M |
|
1165
PUT
CF Industries
CF
$17.7B
| $47.1M | 0.01% |
552,100
+94,100
| +21% | +$8.14M |
|
1166
PUT
Arbor Realty Trust
ABR
$981M
| $47.1M | 0.01% |
3,400,500
+936,200
| +38% | +$13.8M |
|
1167
PUT
Direxion Daily Regional Banks Bull 3X ETF
DPST
$414M
| $46.9M | 0.01% |
427,300
-203,100
| -32% | -$25.3M |
|
1168
Albemarle
ALB
$15.4B
| $46.9M | 0.01% |
544,336
+251,781
| +86% | +$25.1M |
|
1169
Marriott International
MAR
$91.9B
| $46.8M | 0.01% |
167,601
+27,553
| +20% | +$7.56M |
|
1170
CALL
Natera
NTRA
$44.8B
| $46.7M | 0.01% |
295,100
+210,200
| +248% | +$30.6M |
|
1171
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.67B
| $46.6M | 0.01% |
299,120
+209,784
| +235% | +$35M |
|
1172
PUT
Cboe Global Markets
CBOE
$30.6B
| $46.6M | 0.01% |
238,300
+40,100
| +20% | +$8.26M |
|
1173
CALL
Toll Brothers
TOL
$14B
| $46.6M | 0.01% |
369,700
-68,900
| -16% | -$10.2M |
|
1174
CALL
iShares Biotechnology ETF
IBB
$9.77B
| $46.5M | 0.01% |
351,700
-112,100
| -24% | -$15.8M |
|
1175
PUT
State Street SPDR S&P Metals & Mining ETF
XME
$4.46B
| $46.5M | 0.01% |
818,700
+216,700
| +36% | +$14M |
|
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.