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 | |
|---|---|---|---|---|---|---|
1551
PUT
Elastic
ESTC
$8.94B
| $29.2M | ﹤0.01% |
294,700
+91,900
| +45% | +$8.5M |
|
1552
PUT
Arthur J. Gallagher & Co
AJG
$65.5B
| $29.2M | ﹤0.01% |
102,700
+62,800
| +157% | +$18.3M |
|
1553
Avery Dennison
AVY
$13.6B
| $29.1M | ﹤0.01% |
155,715
+136,314
| +703% | +$27.8M |
|
1554
TransDigm Group
TDG
$68.3B
| $29.1M | ﹤0.01% |
22,986
+1,915
| +9% | +$2.52M |
|
1555
PUT
Yum China
YUMC
$16.2B
| $29.1M | ﹤0.01% |
604,200
-68,500
| -10% | -$3.25M |
|
|
NNE
1556
CALL
Nano Nuclear Energy
NNE
$1.1B
| $29.1M | ﹤0.01% |
+1,167,000
| New | +$26.5M |
|
1557
PUT
Antero Resources
AR
$11.3B
| $29.1M | ﹤0.01% |
828,900
-534,800
| -39% | -$16.2M |
|
1558
CALL
British American Tobacco
BTI
$124B
| $29M | ﹤0.01% |
799,300
+374,900
| +88% | +$13.5M |
|
1559
PUT
Welltower
WELL
$166B
| $29M | ﹤0.01% |
230,300
+59,600
| +35% | +$7.82M |
|
|
GAP
1560
CALL
The Gap Inc
GAP
$7.34B
| $29M | ﹤0.01% |
1,228,200
+183,700
| +18% | +$4.19M |
|
1561
Dollar Tree
DLTR
$24.7B
| $28.9M | ﹤0.01% |
385,750
-63,707
| -14% | -$4.37M |
|
1562
PUT
Trip.com Group
TCOM
$28.3B
| $28.9M | ﹤0.01% |
420,400
-110,200
| -21% | -$7.28M |
|
1563
PUT
Glaukos
GKOS
$11.2B
| $28.8M | ﹤0.01% |
192,300
+119,000
| +162% | +$16.4M |
|
1564
PUT
BJs Wholesale Club
BJ
$11.8B
| $28.8M | ﹤0.01% |
322,700
+18,900
| +6% | +$1.71M |
|
1565
CALL
Direxion Daily FTSE China Bull 3X ETF
YINN
$651M
| $28.8M | ﹤0.01% |
1,030,400
-881,900
| -46% | -$28.9M |
|
1566
Dow Inc
DOW
$21.9B
| $28.8M | ﹤0.01% |
717,119
+408,250
| +132% | +$19M |
|
1567
Lennox International
LII
$14.5B
| $28.7M | ﹤0.01% |
47,143
+42,071
| +829% | +$26.3M |
|
1568
PUT
Howmet Aerospace
HWM
$113B
| $28.7M | ﹤0.01% |
262,200
+151,300
| +136% | +$16.6M |
|
1569
CALL
Builders FirstSource
BLDR
$7.79B
| $28.7M | ﹤0.01% |
200,600
-163,600
| -45% | -$29M |
|
1570
iShares MSCI South Korea ETF
EWY
$27.6B
| $28.6M | ﹤0.01% |
562,396
+197,673
| +54% | +$11.5M |
|
|
HES
1571
PUT
DELISTED
Hess
HES
| $28.6M | ﹤0.01% |
215,100
-299,500
| -58% | -$41.8M |
|
1572
Microchip Technology
MCHP
$42.2B
| $28.6M | ﹤0.01% |
497,960
+191,886
| +63% | +$13.2M |
|
1573
Colgate-Palmolive
CL
$74.1B
| $28.6M | ﹤0.01% |
314,092
-274,074
| -47% | -$26.2M |
|
1574
PUT
ProShares Ultra S&P500
SSO
$8.51B
| $28.5M | ﹤0.01% |
617,200
-114,800
| -16% | -$5.41M |
|
1575
Motorola Solutions
MSI
$77.7B
| $28.5M | ﹤0.01% |
61,757
+38,352
| +164% | +$18.2M |
|
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.