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 | |
|---|---|---|---|---|---|---|
1401
CALL
Zoetis
ZTS
$31.3B
| $34.5M | 0.01% |
212,000
-9,600
| -4% | -$1.72M |
|
1402
Waste Management
WM
$90.5B
| $34.5M | 0.01% |
171,116
+120,439
| +238% | +$25.9M |
|
1403
eBay
EBAY
$45.5B
| $34.5M | 0.01% |
557,189
-342,953
| -38% | -$21.8M |
|
1404
CALL
Seagate
STX
$209B
| $34.5M | 0.01% |
399,800
-349,300
| -47% | -$35.2M |
|
1405
Southern Company
SO
$106B
| $34.4M | 0.01% |
418,024
+229,948
| +122% | +$20.2M |
|
1406
CALL
iShares Russell 2000 Growth ETF
IWO
$15.1B
| $34.4M | 0.01% |
119,500
+71,700
| +150% | +$21.2M |
|
1407
CALL
Teck Resources
TECK
$32.4B
| $34.4M | 0.01% |
848,600
-226,900
| -21% | -$10.6M |
|
1408
Baidu
BIDU
$35.5B
| $34.3M | 0.01% |
406,780
-33,682
| -8% | -$3.08M |
|
1409
CALL
Alpha Metallurgical Resources
AMR
$2.02B
| $34.1M | 0.01% |
170,300
-4,900
| -3% | -$1.1M |
|
1410
CALL
Lumen
LUMN
$6.6B
| $34.1M | 0.01% |
6,415,200
-2,152,800
| -25% | -$14.9M |
|
1411
ON Semiconductor
ON
$31.8B
| $34.1M | 0.01% |
540,133
+131,179
| +32% | +$9.04M |
|
1412
IonQ
IONQ
$18.2B
| $34M | 0.01% |
814,053
+772,536
| +1,861% | +$19.4M |
|
1413
PUT
American International
AIG
$39.8B
| $34M | 0.01% |
466,800
+166,400
| +55% | +$12.5M |
|
1414
CALL
Fidelity National Information Services
FIS
$22.8B
| $33.9M | 0.01% |
420,300
-29,500
| -7% | -$2.54M |
|
1415
FTAI Aviation
FTAI
$23.3B
| $33.9M | 0.01% |
235,681
+130,766
| +125% | +$19.3M |
|
1416
CALL
CF Industries
CF
$17.7B
| $33.9M | 0.01% |
397,000
+33,000
| +9% | +$2.86M |
|
1417
Ross Stores
ROST
$79.6B
| $33.9M | 0.01% |
223,857
+67,988
| +44% | +$9.99M |
|
1418
PUT
ProShares Trust UltraShort Lehman 20+ Year Treasury
TBT
$306M
| $33.8M | 0.01% |
923,100
+77,400
| +9% | +$2.61M |
|
1419
PUT
Truist Financial
TFC
$64.7B
| $33.8M | 0.01% |
778,500
-483,100
| -38% | -$21.6M |
|
1420
Enovix
ENVX
$966M
| $33.7M | 0.01% |
3,544,214
+480,691
| +16% | +$4.22M |
|
1421
PUT
Enterprise Products Partners
EPD
$81.9B
| $33.7M | 0.01% |
1,073,100
-190,400
| -15% | -$5.85M |
|
1422
PUT
Lemonade
LMND
$4.1B
| $33.6M | 0.01% |
916,600
+574,800
| +168% | +$18.4M |
|
1423
PG&E
PCG
$38.5B
| $33.6M | 0.01% |
1,665,605
+180,593
| +12% | +$3.67M |
|
1424
CALL
Welltower
WELL
$166B
| $33.6M | 0.01% |
266,600
-115,900
| -30% | -$15.2M |
|
1425
BridgeBio Pharma
BBIO
$16.4B
| $33.6M | 0.01% |
1,224,282
+509,125
| +71% | +$13.2M |
|
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.