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 | |
|---|---|---|---|---|---|---|
1601
PUT
Avis
CAR
$4.93B
| $27.5M | ﹤0.01% |
341,600
+16,200
| +5% | +$1.48M |
|
1602
PUT
Equinix
EQIX
$106B
| $27.5M | ﹤0.01% |
29,200
-42,500
| -59% | -$39.1M |
|
|
CWAN
1603
DELISTED
Clearwater Analytics
CWAN
| $27.5M | ﹤0.01% |
999,100
+771,620
| +339% | +$21.9M |
|
1604
Kinder Morgan
KMI
$71.4B
| $27.5M | ﹤0.01% |
1,003,265
+264,170
| +36% | +$6.89M |
|
1605
CALL
HDFC Bank
HDB
$119B
| $27.5M | ﹤0.01% |
860,600
+562,200
| +188% | +$18M |
|
1606
HEICO Corp Class A
HEI.A
$38B
| $27.4M | ﹤0.01% |
147,447
-29,856
| -17% | -$6.02M |
|
|
APLS
1607
CALL
DELISTED
Apellis Pharmaceuticals
APLS
| $27.4M | ﹤0.01% |
859,200
+71,700
| +9% | +$2.16M |
|
1608
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.38B
| $27.4M | ﹤0.01% |
6,098
-1,183
| -16% | -$5.09M |
|
1609
PUT
Nutanix
NTNX
$18.4B
| $27.4M | ﹤0.01% |
447,400
+18,000
| +4% | +$1.18M |
|
1610
CALL
Ametek
AME
$59.3B
| $27.3M | ﹤0.01% |
151,600
+27,900
| +23% | +$5.08M |
|
1611
CleanSpark
CLSK
$2.96B
| $27.3M | ﹤0.01% |
2,964,803
-840,701
| -22% | -$10.2M |
|
1612
CALL
Lumentum
LITE
$78B
| $27.3M | ﹤0.01% |
325,200
-21,700
| -6% | -$1.69M |
|
1613
CALL
M&T Bank
MTB
$36.6B
| $27.3M | ﹤0.01% |
145,100
-58,400
| -29% | -$11.6M |
|
1614
CALL
Centene
CNC
$32.6B
| $27.3M | ﹤0.01% |
450,000
+150,500
| +50% | +$9.39M |
|
1615
Air Products & Chemicals
APD
$67.7B
| $27.2M | ﹤0.01% |
93,901
-717
| -0.8% | -$225K |
|
1616
O'Reilly Automotive
ORLY
$74.5B
| $27.2M | ﹤0.01% |
344,235
+42,570
| +14% | +$3.43M |
|
|
1617
PUT
Kinder Morgan
KMI
$71.4B
| $27.2M | ﹤0.01% |
991,700
+99,700
| +11% | +$2.6M |
|
1618
PUT
Royal Gold
RGLD
$19.1B
| $27.2M | ﹤0.01% |
206,000
-93,500
| -31% | -$13.5M |
|
1619
CALL
AES
AES
$10.5B
| $27.1M | ﹤0.01% |
2,107,500
-1,525,900
| -42% | -$22.8M |
|
1620
PUT
monday.com
MNDY
$3.99B
| $27.1M | ﹤0.01% |
115,100
+20,700
| +22% | +$5.73M |
|
1621
Align Technology
ALGN
$12.4B
| $27.1M | ﹤0.01% |
129,965
+72,252
| +125% | +$16.1M |
|
1622
CALL
Zions Bancorporation
ZION
$10.5B
| $27.1M | ﹤0.01% |
499,100
-539,100
| -52% | -$29.5M |
|
1623
CALL
Asbury Automotive
ABG
$3.76B
| $27M | ﹤0.01% |
111,300
-108,800
| -49% | -$26.7M |
|
1624
CALL
SBA Communications
SBAC
$19.8B
| $27M | ﹤0.01% |
132,600
+5,900
| +5% | +$1.33M |
|
1625
PUT
PENN Entertainment
PENN
$2.53B
| $27M | ﹤0.01% |
1,361,600
+83,100
| +6% | +$1.63M |
|
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.