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 | |
|---|---|---|---|---|---|---|
1426
PUT
AngloGold Ashanti
AU
$48.1B
| $33.5M | 0.01% |
1,451,800
+372,400
| +35% | +$9.73M |
|
1427
CALL
Shift4
FOUR
$3.79B
| $33.5M | 0.01% |
322,500
-139,700
| -30% | -$13.9M |
|
1428
CALL
NRG Energy
NRG
$25.4B
| $33.4M | 0.01% |
370,700
-58,500
| -14% | -$5.42M |
|
1429
Calumet Specialty Products
CLMT
$4.15B
| $33.4M | 0.01% |
1,518,580
+476,986
| +46% | +$10M |
|
|
BNY
1430
PUT
Bank of New York Mellon
BNY
$110B
| $33.4M | 0.01% |
435,200
-67,500
| -13% | -$5.22M |
|
1431
Parker-Hannifin
PH
$135B
| $33.4M | 0.01% |
52,520
+10,158
| +24% | +$6.73M |
|
1432
Eversource Energy
ES
$27.2B
| $33.4M | 0.01% |
581,621
+493,976
| +564% | +$30.8M |
|
|
CMA
1433
CALL
DELISTED
Comerica
CMA
| $33.4M | 0.01% |
539,800
+118,900
| +28% | +$7.73M |
|
1434
CALL
Baker Hughes
BKR
$63B
| $33.3M | 0.01% |
811,800
+54,600
| +7% | +$2.2M |
|
1435
PUT
Royal Bank of Canada
RY
$297B
| $33.3M | 0.01% |
276,000
+153,400
| +125% | +$18.9M |
|
1436
CALL
J.M. Smucker
SJM
$12.7B
| $33.2M | 0.01% |
301,700
+40,300
| +15% | +$4.64M |
|
1437
Intercontinental Exchange
ICE
$85B
| $33.1M | 0.01% |
222,353
+58,734
| +36% | +$9.3M |
|
1438
CALL
Labcorp
LH
$26.2B
| $33.1M | 0.01% |
144,400
+95,800
| +197% | +$22M |
|
1439
PUT
Axsome Therapeutics
AXSM
$11.2B
| $33.1M | 0.01% |
391,000
+70,800
| +22% | +$6.51M |
|
1440
State Street SPDR S&P Biotech ETF
XBI
$10.3B
| $33M | 0.01% |
365,894
+160,040
| +78% | +$15.5M |
|
1441
CALL
RB Global
RBA
$16B
| $32.9M | 0.01% |
365,200
+305,200
| +509% | +$27.3M |
|
1442
CALL
Alamos Gold
AGI
$13.8B
| $32.9M | 0.01% |
1,782,800
+52,800
| +3% | +$1.02M |
|
1443
CALL
KeyCorp
KEY
$24.6B
| $32.9M | 0.01% |
1,916,800
+270,500
| +16% | +$4.85M |
|
1444
PUT
ProShares UltraShort Bloomberg Natural Gas
KOLD
$103M
| $32.8M | 0.01% |
768,400
+317,500
| +70% | +$20.6M |
|
1445
Occidental Petroleum
OXY
$57.7B
| $32.8M | 0.01% |
663,994
-2,143,141
| -76% | -$108M |
|
1446
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$623M
| $32.8M | ﹤0.01% |
364,400
-8,900
| -2% | -$1.05M |
|
1447
Upstart Holdings
UPST
$3.01B
| $32.8M | ﹤0.01% |
532,129
-1,379,420
| -72% | -$86M |
|
1448
CALL
Carlyle Group
CG
$17.2B
| $32.8M | ﹤0.01% |
648,800
+206,300
| +47% | +$10.5M |
|
1449
PUT
SL Green Realty
SLG
$4B
| $32.7M | ﹤0.01% |
481,600
-17,000
| -3% | -$1.26M |
|
1450
CSX Corp
CSX
$92.8B
| $32.7M | ﹤0.01% |
1,013,556
+755,207
| +292% | +$25.9M |
|
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.