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 | |
|---|---|---|---|---|---|---|
1951
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.2B
| $18.2M | ﹤0.01% |
516,400
+66,500
| +15% | +$3.03M |
|
1952
CALL
Uranium Energy
UEC
$5.56B
| $18.1M | ﹤0.01% |
2,707,500
+1,174,400
| +77% | +$8.99M |
|
1953
PUT
Group 1 Automotive
GPI
$3.12B
| $18.1M | ﹤0.01% |
42,900
-105,600
| -71% | -$41.8M |
|
1954
PUT
Ciena
CIEN
$60.3B
| $18.1M | ﹤0.01% |
213,100
+105,400
| +98% | +$7.56M |
|
|
CYBR
1955
PUT
DELISTED
CyberArk
CYBR
| $18M | ﹤0.01% |
53,900
-169,500
| -76% | -$51.5M |
|
1956
Quanta Services
PWR
$103B
| $17.9M | ﹤0.01% |
56,706
+31,033
| +121% | +$9.98M |
|
1957
AGNC Investment
AGNC
$13B
| $17.9M | ﹤0.01% |
1,944,041
+1,368,088
| +238% | +$13.3M |
|
1958
CALL
D-Wave Quantum Inc. Common Stock
QBTS
$7.83B
| $17.9M | ﹤0.01% |
2,130,300
+2,050,700
| +2,576% | +$6.14M |
|
1959
Willis Towers Watson
WTW
$30.9B
| $17.9M | ﹤0.01% |
57,106
+32,175
| +129% | +$9.87M |
|
1960
CALL
JB Hunt Transport Services
JBHT
$26.3B
| $17.9M | ﹤0.01% |
104,800
-4,400
| -4% | -$786K |
|
1961
PUT
Inspire Medical Systems
INSP
$1.67B
| $17.9M | ﹤0.01% |
96,400
-32,800
| -25% | -$6.37M |
|
1962
PUT
PennyMac Financial
PFSI
$4.05B
| $17.9M | ﹤0.01% |
174,800
-56,200
| -24% | -$5.88M |
|
1963
Teradyne
TER
$63.8B
| $17.9M | ﹤0.01% |
141,777
+38,388
| +37% | +$4.54M |
|
1964
CALL
SL Green Realty
SLG
$3.99B
| $17.8M | ﹤0.01% |
262,600
-122,100
| -32% | -$9.03M |
|
1965
PUT
iShares MSCI ACWI ETF
ACWI
$33.5B
| $17.8M | ﹤0.01% |
151,700
-3,200
| -2% | -$384K |
|
1966
iShares Emerging Markets Dividend ETF
DVYE
$1.21B
| $17.8M | ﹤0.01% |
689,853
+37,813
| +6% | +$1.05M |
|
1967
Caesars Entertainment
CZR
$6.04B
| $17.8M | ﹤0.01% |
532,901
+134,180
| +34% | +$5.31M |
|
1968
PUT
Lear
LEA
$8.3B
| $17.8M | ﹤0.01% |
187,900
+142,800
| +317% | +$14.2M |
|
1969
CALL
Eos Energy Enterprises
EOSE
$1.45B
| $17.8M | ﹤0.01% |
3,660,500
-876,200
| -19% | -$2.83M |
|
1970
Iron Mountain
IRM
$38.4B
| $17.8M | ﹤0.01% |
169,106
+15,980
| +10% | +$1.88M |
|
1971
CALL
McCormick & Company Non-Voting
MKC
$14.7B
| $17.8M | ﹤0.01% |
233,000
-8,500
| -4% | -$668K |
|
1972
PUT
Calix
CALX
$2.51B
| $17.8M | ﹤0.01% |
509,200
+488,600
| +2,372% | +$17.2M |
|
1973
PUT
Edison International
EIX
$27.5B
| $17.7M | ﹤0.01% |
222,300
+55,500
| +33% | +$4.64M |
|
|
LAZR
1974
CALL
DELISTED
Luminar Technologies
LAZR
| $17.7M | ﹤0.01% |
3,298,800
+3,121,920
| +1,765% | +$33M |
|
1975
Arch Capital
ACGL
$33.7B
| $17.7M | ﹤0.01% |
191,908
+67,284
| +54% | +$6.79M |
|
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.