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 | |
|---|---|---|---|---|---|---|
1776
CALL
SAP
SAP
$241B
| $22.1M | ﹤0.01% |
89,700
+27,100
| +43% | +$6.45M |
|
1777
Global Payments
GPN
$24.5B
| $22.1M | ﹤0.01% |
197,033
-207,610
| -51% | -$22.7M |
|
1778
Kimberly-Clark
KMB
$36.9B
| $22.1M | ﹤0.01% |
168,305
+48,816
| +41% | +$6.66M |
|
1779
PUT
Builders FirstSource
BLDR
$7.83B
| $22.1M | ﹤0.01% |
154,300
-67,600
| -30% | -$12M |
|
1780
PUT
Archer Daniels Midland
ADM
$38.6B
| $22.1M | ﹤0.01% |
436,500
-293,200
| -40% | -$15.9M |
|
1781
PUT
Lincoln National
LNC
$8.76B
| $22M | ﹤0.01% |
694,700
-125,200
| -15% | -$4.17M |
|
1782
CALL
Knight Transportation
KNX
$11.9B
| $22M | ﹤0.01% |
415,000
+308,100
| +288% | +$16.8M |
|
1783
PUT
Peloton Interactive
PTON
$2.48B
| $22M | ﹤0.01% |
2,529,100
+44,900
| +2% | +$350K |
|
1784
CALL
Boston Properties
BXP
$10.9B
| $22M | ﹤0.01% |
295,700
+122,700
| +71% | +$9.95M |
|
1785
American Electric Power
AEP
$68.4B
| $22M | ﹤0.01% |
238,123
+75,830
| +47% | +$7.34M |
|
1786
Aflac
AFL
$60.9B
| $22M | ﹤0.01% |
212,314
+90,503
| +74% | +$9.87M |
|
1787
PUT
AeroVironment
AVAV
$9.8B
| $21.9M | ﹤0.01% |
142,600
+46,200
| +48% | +$9.04M |
|
1788
NextNav
NN
$3.27B
| $21.9M | ﹤0.01% |
1,408,531
-3,493,016
| -71% | -$46.5M |
|
|
AXON
1789
Axon Enterprise
AXON
$49.9B
| $21.9M | ﹤0.01% |
36,875
-6,917
| -16% | -$3.76M |
|
1790
CALL
Doximity
DOCS
$4.43B
| $21.9M | ﹤0.01% |
410,300
-8,800
| -2% | -$431K |
|
1791
PUT
Red Cat Holdings
RCAT
$1.7B
| $21.9M | ﹤0.01% |
1,703,000
+1,630,900
| +2,262% | +$9.96M |
|
|
1792
PUT
Boston Properties
BXP
$10.9B
| $21.9M | ﹤0.01% |
294,000
+59,400
| +25% | +$4.82M |
|
1793
Synchrony
SYF
$26.3B
| $21.8M | ﹤0.01% |
336,063
+83,281
| +33% | +$5.1M |
|
|
MPT
1794
CALL
Medical Properties Trust
MPT
$2.51B
| $21.8M | ﹤0.01% |
5,529,900
-3,908,100
| -41% | -$17.5M |
|
1795
CALL
POET Technologies
POET
$1.65B
| $21.8M | ﹤0.01% |
3,665,200
+2,801,900
| +325% | +$12.4M |
|
1796
Xcel Energy
XEL
$49.5B
| $21.8M | ﹤0.01% |
322,666
+59,505
| +23% | +$3.99M |
|
1797
CALL
Sweetgreen
SG
$725M
| $21.8M | ﹤0.01% |
678,800
+3,200
| +0.5% | +$119K |
|
1798
Equity Lifestyle Properties
ELS
$12.7B
| $21.7M | ﹤0.01% |
326,525
+302,528
| +1,261% | +$21M |
|
1799
PUT
Capri Holdings
CPRI
$1.76B
| $21.7M | ﹤0.01% |
1,032,300
-1,787,500
| -63% | -$48.6M |
|
|
EH
1800
PUT
EHang Holdings
EH
$450M
| $21.7M | ﹤0.01% |
1,380,300
+734,900
| +114% | +$11.8M |
|
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.