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 | |
|---|---|---|---|---|---|---|
1501
CALL
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.16B
| $30.9M | ﹤0.01% |
878,900
-380,600
| -30% | -$17.3M |
|
1502
Halliburton
HAL
$27.4B
| $30.8M | ﹤0.01% |
1,133,876
+368,577
| +48% | +$10.8M |
|
|
CNR
1503
PUT
Core Natural Resources Inc
CNR
$4.71B
| $30.8M | ﹤0.01% |
288,700
-93,200
| -24% | -$10.7M |
|
1504
PUT
Aflac
AFL
$60.5B
| $30.8M | ﹤0.01% |
297,500
-41,800
| -12% | -$4.56M |
|
1505
PUT
BHP
BHP
$222B
| $30.8M | ﹤0.01% |
630,100
-228,500
| -27% | -$12.4M |
|
1506
CALL
Suncor Energy
SU
$76.5B
| $30.7M | ﹤0.01% |
861,500
-217,100
| -20% | -$8.35M |
|
|
MSTX
1507
PUT
Defiance Daily Target 2x Long MSTR ETF
MSTX
$138M
| $30.7M | ﹤0.01% |
+87,360
| New | +$61.9M |
|
1508
CALL
KB Home
KBH
$3.42B
| $30.7M | ﹤0.01% |
467,600
+78,800
| +20% | +$6.13M |
|
1509
CALL
Xylem
XYL
$28.5B
| $30.7M | ﹤0.01% |
264,800
-5,300
| -2% | -$670K |
|
1510
CALL
ARK Genomic Revolution ETF
ARKG
$1.78B
| $30.7M | ﹤0.01% |
1,304,000
-147,000
| -10% | -$3.62M |
|
1511
Insmed
INSM
$28.9B
| $30.7M | ﹤0.01% |
444,435
+182,889
| +70% | +$13.2M |
|
1512
CALL
BWX Technologies
BWXT
$15.8B
| $30.7M | ﹤0.01% |
275,300
+234,600
| +576% | +$28.7M |
|
1513
CALL
CBRE Group
CBRE
$42.7B
| $30.7M | ﹤0.01% |
233,500
+148,300
| +174% | +$19.4M |
|
1514
CALL
Sunrun
RUN
$2.37B
| $30.6M | ﹤0.01% |
3,307,900
-2,095,300
| -39% | -$26M |
|
1515
Monolithic Power Systems
MPWR
$67B
| $30.6M | ﹤0.01% |
51,711
-82,541
| -61% | -$59.8M |
|
1516
CALL
PENN Entertainment
PENN
$2.57B
| $30.6M | ﹤0.01% |
1,541,500
-764,500
| -33% | -$15M |
|
1517
Ulta Beauty
ULTA
$22.2B
| $30.6M | ﹤0.01% |
70,245
+4,715
| +7% | +$1.83M |
|
1518
PUT
Tractor Supply
TSCO
$18.8B
| $30.5M | ﹤0.01% |
575,500
-274,500
| -32% | -$15.5M |
|
1519
PUT
Scorpio Tankers
STNG
$3.81B
| $30.5M | ﹤0.01% |
614,300
-499,000
| -45% | -$28.5M |
|
1520
Tyson Foods
TSN
$19.8B
| $30.5M | ﹤0.01% |
530,201
+217,457
| +70% | +$13.1M |
|
1521
CALL
Yum China
YUMC
$16.2B
| $30.4M | ﹤0.01% |
631,600
-691,000
| -52% | -$32.8M |
|
1522
Nice
NICE
$6.17B
| $30.4M | ﹤0.01% |
178,986
+128,994
| +258% | +$23M |
|
1523
CALL
Travelers Companies
TRV
$77.2B
| $30.4M | ﹤0.01% |
126,100
-98,400
| -44% | -$24.6M |
|
|
NBIS
1524
Nebius Group N.V.
NBIS
$69.3B
| $30.3M | ﹤0.01% |
1,094,233
+880,066
| +411% | +$21.5M |
|
1525
CALL
Steel Dynamics
STLD
$37.7B
| $30.3M | ﹤0.01% |
265,700
-95,400
| -26% | -$12.7M |
|
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.