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 | |
|---|---|---|---|---|---|---|
1301
Centene
CNC
$32.6B
| $38.9M | 0.01% |
641,312
+492,178
| +330% | +$30.7M |
|
1302
CALL
Iron Mountain
IRM
$37.7B
| $38.8M | 0.01% |
369,600
-56,300
| -13% | -$6.61M |
|
1303
CALL
Targa Resources
TRGP
$57.2B
| $38.7M | 0.01% |
216,900
-11,900
| -5% | -$2.13M |
|
1304
PUT
Shell
SHEL
$248B
| $38.7M | 0.01% |
617,800
+111,200
| +22% | +$7.29M |
|
1305
CALL
Armstrong World Industries
AWI
$7.68B
| $38.7M | 0.01% |
273,600
+149,200
| +120% | +$21.9M |
|
1306
Pinterest
PINS
$13.2B
| $38.7M | 0.01% |
1,333,199
+118,586
| +10% | +$3.73M |
|
|
GRMN
1307
CALL
Garmin
GRMN
$60.2B
| $38.6M | 0.01% |
187,200
+68,300
| +57% | +$13.4M |
|
1308
CALL
Texas Pacific Land
TPL
$23.9B
| $38.6M | 0.01% |
104,700
+103,200
| +6,880% | +$42.2M |
|
1309
PUT
Bath & Body Works
BBWI
$3.76B
| $38.5M | 0.01% |
994,300
+135,600
| +16% | +$4.53M |
|
1310
PUT
Core Scientific
CORZ
$6.36B
| $38.5M | 0.01% |
2,740,800
+824,000
| +43% | +$12.2M |
|
1311
PUT
CarMax
KMX
$8.52B
| $38.5M | 0.01% |
470,400
-342,600
| -42% | -$26.9M |
|
1312
PUT
Alnylam Pharmaceuticals
ALNY
$30.4B
| $38.4M | 0.01% |
163,300
-121,800
| -43% | -$32M |
|
1313
PUT
Toyota
TM
$223B
| $38.4M | 0.01% |
197,300
-68,700
| -26% | -$12.1M |
|
1314
PUT
TG Therapeutics
TGTX
$7.34B
| $38.4M | 0.01% |
1,274,200
+435,800
| +52% | +$12.5M |
|
1315
PUT
Skyworks Solutions
SWKS
$10.5B
| $38.3M | 0.01% |
432,400
+43,200
| +11% | +$3.92M |
|
1316
Emerson Electric
EMR
$91.6B
| $38.3M | 0.01% |
309,196
+122,014
| +65% | +$14.8M |
|
1317
Marathon Petroleum
MPC
$100B
| $38.3M | 0.01% |
274,635
+8,394
| +3% | +$1.28M |
|
|
CFLT
1318
CALL
DELISTED
Confluent
CFLT
| $38.2M | 0.01% |
1,367,900
+291,900
| +27% | +$7.83M |
|
|
TLN
1319
PUT
Talen Energy Corp
TLN
$17.2B
| $38.2M | 0.01% |
189,500
+75,300
| +66% | +$14.7M |
|
1320
DoorDash
DASH
$93.7B
| $38.2M | 0.01% |
227,574
-1,335,703
| -85% | -$219M |
|
1321
PUT
Quanta Services
PWR
$101B
| $38.1M | 0.01% |
120,700
+33,400
| +38% | +$10.7M |
|
1322
PUT
AES
AES
$10.5B
| $38.1M | 0.01% |
2,963,700
+1,473,500
| +99% | +$22M |
|
1323
PUT
Global X Uranium ETF
URA
$6.31B
| $38.1M | 0.01% |
1,423,800
+303,600
| +27% | +$9.29M |
|
1324
CALL
T. Rowe Price
TROW
$23.7B
| $38.1M | 0.01% |
336,900
-42,400
| -11% | -$4.91M |
|
1325
PUT
AST SpaceMobile
ASTS
$21.4B
| $38M | 0.01% |
1,801,200
-275,200
| -13% | -$6.72M |
|
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.