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 | |
|---|---|---|---|---|---|---|
1676
Schwab Fundamental International Large Company Index ETF
FNDF
$25.9B
| $25.1M | ﹤0.01% |
+757,165
| New | +$26.7M |
|
1677
CALL
iShares MSCI Japan ETF
EWJ
$23.2B
| $25.1M | ﹤0.01% |
373,400
-153,800
| -29% | -$10.6M |
|
1678
CALL
Waters Corp
WAT
$40.4B
| $25M | ﹤0.01% |
67,400
-7,300
| -10% | -$2.67M |
|
1679
Joby Aviation
JOBY
$7.96B
| $25M | ﹤0.01% |
3,073,848
+2,091,904
| +213% | +$13.9M |
|
1680
PACCAR
PCAR
$68.8B
| $24.9M | ﹤0.01% |
239,771
+161,916
| +208% | +$17.7M |
|
1681
CALL
Navios Maritime Partners
NMM
$2.32B
| $24.9M | ﹤0.01% |
575,200
-247,600
| -30% | -$12.9M |
|
1682
TG Therapeutics
TGTX
$7.42B
| $24.9M | ﹤0.01% |
827,105
+224,717
| +37% | +$6.45M |
|
1683
PUT
XPeng
XPEV
$11.2B
| $24.9M | ﹤0.01% |
2,105,600
+154,500
| +8% | +$1.91M |
|
1684
Vistra
VST
$49.6B
| $24.9M | ﹤0.01% |
180,365
+10,981
| +6% | +$1.52M |
|
1685
CALL
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $24.9M | ﹤0.01% |
279,100
+44,400
| +19% | +$4.05M |
|
1686
CALL
Stellantis
STLA
$20.2B
| $24.8M | ﹤0.01% |
1,902,900
-420,700
| -18% | -$5.58M |
|
|
1687
iShares JPMorgan USD Emerging Markets Bond ETF
EMB
$14.9B
| $24.8M | ﹤0.01% |
278,692
-125,005
| -31% | -$11.4M |
|
1688
PUT
Qorvo
QRVO
$8.54B
| $24.8M | ﹤0.01% |
354,800
+263,400
| +288% | +$21.1M |
|
|
BNY
1689
Bank of New York Mellon
BNY
$111B
| $24.8M | ﹤0.01% |
322,481
+162,897
| +102% | +$12.6M |
|
1690
PUT
Intuitive Machines
LUNR
$3.06B
| $24.8M | ﹤0.01% |
1,364,000
-343,800
| -20% | -$3.81M |
|
1691
PUT
iShares MSCI China ETF
MCHI
$6.16B
| $24.8M | ﹤0.01% |
528,600
-227,800
| -30% | -$11.2M |
|
1692
CALL
Invesco Solar ETF
TAN
$1.37B
| $24.7M | ﹤0.01% |
747,100
+37,600
| +5% | +$1.39M |
|
1693
CALL
TransUnion
TRU
$15.4B
| $24.7M | ﹤0.01% |
266,600
+136,900
| +106% | +$13.9M |
|
1694
PUT
CBRE Group
CBRE
$43.9B
| $24.7M | ﹤0.01% |
188,200
+156,800
| +499% | +$20.5M |
|
1695
CALL
Louisiana-Pacific
LPX
$5.17B
| $24.6M | ﹤0.01% |
237,800
+113,900
| +92% | +$12.4M |
|
1696
CALL
Vanguard Real Estate ETF
VNQ
$39.3B
| $24.6M | ﹤0.01% |
275,900
+38,000
| +16% | +$3.59M |
|
|
NVO
1697
Novo Nordisk
NVO
$202B
| $24.6M | ﹤0.01% |
285,708
-603,994
| -68% | -$65.3M |
|
1698
CALL
iShares Russell 2000 Value ETF
IWN
$14.7B
| $24.5M | ﹤0.01% |
149,100
+2,300
| +2% | +$393K |
|
1699
CALL
Bath & Body Works
BBWI
$3.92B
| $24.5M | ﹤0.01% |
630,700
-28,200
| -4% | -$943K |
|
|
1700
PUT
PACCAR
PCAR
$68.8B
| $24.4M | ﹤0.01% |
234,700
+58,800
| +33% | +$6.43M |
|
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.