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 | |
|---|---|---|---|---|---|---|
126
CALL
Walt Disney
DIS
$178B
| $755M | 0.11% |
6,777,500
-1,409,100
| -17% | -$148M |
|
127
CALL
Target
TGT
$69.9B
| $753M | 0.11% |
5,574,000
+2,553,900
| +85% | +$366M |
|
128
CALL
Super Micro Computer
SMCI
$24.3B
| $747M | 0.11% |
24,505,700
+1,880,700
| +8% | +$68.4M |
|
129
PUT
First Solar
FSLR
$24.4B
| $741M | 0.11% |
4,203,700
-3,294,000
| -44% | -$656M |
|
|
130
Tesla
TSLA
$1.29T
| $725M | 0.11% |
1,795,518
-2,157,658
| -55% | -$694M |
|
131
PUT
Spotify
SPOT
$101B
| $718M | 0.11% |
1,604,100
-59,400
| -4% | -$25.4M |
|
132
PUT
Alibaba
BABA
$300B
| $718M | 0.11% |
8,462,700
-2,161,900
| -20% | -$204M |
|
133
CALL
Robinhood
HOOD
$85.3B
| $715M | 0.11% |
19,188,500
+10,188,800
| +113% | +$329M |
|
134
CALL
Wells Fargo
WFC
$269B
| $708M | 0.11% |
10,075,100
+2,119,100
| +27% | +$145M |
|
135
CALL
Nike
NKE
$60.1B
| $707M | 0.11% |
9,347,800
-42,300
| -0.5% | -$3.32M |
|
136
CALL
Mastercard
MA
$490B
| $705M | 0.11% |
1,339,400
+111,500
| +9% | +$57.7M |
|
137
PUT
United Airlines
UAL
$40.6B
| $705M | 0.11% |
7,258,500
+1,612,700
| +29% | +$136M |
|
138
CALL
iShares Silver Trust
SLV
$31.8B
| $701M | 0.11% |
26,636,400
+3,697,500
| +16% | +$106M |
|
139
CALL
Chevron
CVX
$386B
| $698M | 0.11% |
4,817,900
+1,171,800
| +32% | +$179M |
|
|
140
PUT
Chevron
CVX
$386B
| $695M | 0.1% |
4,799,500
+1,139,800
| +31% | +$174M |
|
141
PUT
Oracle
ORCL
$442B
| $692M | 0.1% |
4,153,100
+925,200
| +29% | +$164M |
|
142
PUT
Marvell Technology
MRVL
$195B
| $691M | 0.1% |
6,252,600
+2,256,000
| +56% | +$209M |
|
143
PUT
Carvana
CVNA
$79.7B
| $685M | 0.1% |
16,832,500
-621,000
| -4% | -$27.9M |
|
|
144
CALL
Carvana
CVNA
$79.7B
| $681M | 0.1% |
16,743,500
-1,092,500
| -6% | -$49.1M |
|
145
CALL
iShares China Large-Cap ETF
FXI
$4.2B
| $681M | 0.1% |
22,367,400
-9,961,500
| -31% | -$314M |
|
146
PUT
lululemon athletica
LULU
$13.7B
| $680M | 0.1% |
1,778,000
-596,400
| -25% | -$195M |
|
147
PUT
Uber
UBER
$154B
| $676M | 0.1% |
11,209,800
+4,181,400
| +59% | +$299M |
|
148
CALL
Intel
INTC
$509B
| $674M | 0.1% |
33,628,700
+2,926,500
| +10% | +$66M |
|
|
149
CALL
lululemon athletica
LULU
$13.7B
| $670M | 0.1% |
1,751,800
-448,900
| -20% | -$147M |
|
|
150
CALL
First Solar
FSLR
$24.4B
| $670M | 0.1% |
3,800,600
-1,010,700
| -21% | -$201M |
|
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.