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 | |
|---|---|---|---|---|---|---|
1226
Travelers Companies
TRV
$77.2B
| $43.7M | 0.01% |
181,236
+69,284
| +62% | +$17.3M |
|
1227
Target
TGT
$70.6B
| $43.6M | 0.01% |
322,485
+245,279
| +318% | +$35.2M |
|
1228
CALL
ProShares UltraPro S&P 500
UPRO
$5.86B
| $43.5M | 0.01% |
491,300
-117,000
| -19% | -$10.7M |
|
1229
PUT
BILL Holdings
BILL
$5.11B
| $43.5M | 0.01% |
513,600
-15,400
| -3% | -$1.15M |
|
1230
iShares S&P Small-Cap 600 Value ETF
IJS
$8.43B
| $43.5M | 0.01% |
400,297
+389,520
| +3,614% | +$43.2M |
|
|
1231
PUT
ProShares UltraPro S&P 500
UPRO
$5.86B
| $43.5M | 0.01% |
490,400
+4,100
| +0.8% | +$375K |
|
1232
Take-Two Interactive
TTWO
$45.2B
| $43.4M | 0.01% |
235,949
+17,334
| +8% | +$3.01M |
|
1233
PUT
argenx
ARGX
$53.6B
| $43.4M | 0.01% |
70,600
-51,000
| -42% | -$29.9M |
|
1234
SPDR Gold Trust
GLD
$142B
| $43.4M | 0.01% |
179,303
-564,720
| -76% | -$139M |
|
1235
United Rentals
URI
$69.7B
| $43.4M | 0.01% |
61,604
+23,242
| +61% | +$18.9M |
|
1236
PUT
Akamai
AKAM
$18B
| $43.3M | 0.01% |
453,100
-352,100
| -44% | -$34.5M |
|
1237
lululemon athletica
LULU
$13.6B
| $43.3M | 0.01% |
113,330
-275,082
| -71% | -$89.8M |
|
1238
CALL
Royal Bank of Canada
RY
$299B
| $43.3M | 0.01% |
359,200
-158,300
| -31% | -$19.5M |
|
|
MRSH
1239
Marsh
MRSH
$90B
| $43.2M | 0.01% |
203,560
+124,622
| +158% | +$27.6M |
|
1240
Arthur J. Gallagher & Co
AJG
$65B
| $43.2M | 0.01% |
152,099
+121,467
| +397% | +$35.3M |
|
1241
CALL
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$52.4M
| $43.1M | 0.01% |
62,640
+57,269
| +1,066% | +$32.6M |
|
1242
PUT
Brinker International
EAT
$10.2B
| $43M | 0.01% |
325,200
+75,200
| +30% | +$8.46M |
|
1243
PUT
Lyft
LYFT
$6.48B
| $42.9M | 0.01% |
3,322,800
+818,200
| +33% | +$12.1M |
|
|
CNR
1244
CALL
Core Natural Resources Inc
CNR
$4.64B
| $42.8M | 0.01% |
401,000
-37,500
| -9% | -$4.32M |
|
1245
Twilio
TWLO
$38.3B
| $42.7M | 0.01% |
395,159
+306,862
| +348% | +$28M |
|
|
EA
1246
CALL
DELISTED
Electronic Arts
EA
| $42.7M | 0.01% |
291,700
-178,900
| -38% | -$27.5M |
|
1247
American Tower
AMT
$81.2B
| $42.6M | 0.01% |
232,141
+142,318
| +158% | +$29.5M |
|
1248
Darden Restaurants
DRI
$25.4B
| $42.5M | 0.01% |
227,817
+193,620
| +566% | +$32.5M |
|
1249
CALL
Global Payments
GPN
$25.1B
| $42.4M | 0.01% |
378,600
+13,600
| +4% | +$1.49M |
|
1250
CALL
iShares US Home Construction ETF
ITB
$2.37B
| $42.4M | 0.01% |
410,000
-537,900
| -57% | -$63.8M |
|
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.