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 | |
|---|---|---|---|---|---|---|
1976
PUT
Kinsale Capital Group
KNSL
$8.64B
| $17.7M | ﹤0.01% |
38,100
-1,200
| -3% | -$568K |
|
1977
Bath & Body Works
BBWI
$3.91B
| $17.7M | ﹤0.01% |
456,871
+165,302
| +57% | +$5.53M |
|
1978
CALL
CoreCivic
CXW
$3.24B
| $17.7M | ﹤0.01% |
814,700
+186,900
| +30% | +$3.42M |
|
1979
VICI Properties
VICI
$29B
| $17.7M | ﹤0.01% |
606,224
+411,494
| +211% | +$13M |
|
1980
PUT
SharkNinja
SN
$26.1B
| $17.6M | ﹤0.01% |
181,200
+148,700
| +458% | +$15.2M |
|
1981
PUT
Southern Copper
SCCO
$156B
| $17.6M | ﹤0.01% |
206,484
-6,225
| -3% | -$614K |
|
1982
CALL
United Therapeutics
UTHR
$21.4B
| $17.6M | ﹤0.01% |
49,900
-43,900
| -47% | -$16.1M |
|
1983
PUT
D-Wave Quantum Inc. Common Stock
QBTS
$7.88B
| $17.6M | ﹤0.01% |
2,094,600
+1,927,100
| +1,151% | +$5.77M |
|
1984
CALL
MSCI
MSCI
$41.3B
| $17.6M | ﹤0.01% |
29,300
-12,500
| -30% | -$7.5M |
|
1985
PUT
Bunge Global
BG
$21.9B
| $17.5M | ﹤0.01% |
225,100
+45,000
| +25% | +$3.95M |
|
1986
Paychex
PAYX
$43.4B
| $17.5M | ﹤0.01% |
124,778
+57,063
| +84% | +$8.1M |
|
1987
CALL
ResMed
RMD
$32.5B
| $17.5M | ﹤0.01% |
76,500
-52,900
| -41% | -$12.7M |
|
|
SILV
1988
CALL
DELISTED
SilverCrest Metals Inc. Common Shares
SILV
| $17.5M | ﹤0.01% |
1,922,500
+1,241,100
| +182% | +$12.6M |
|
1989
PUT
Urban Outfitters
URBN
$6.66B
| $17.5M | ﹤0.01% |
318,700
+199,200
| +167% | +$8.5M |
|
1990
State Street
STT
$52.7B
| $17.5M | ﹤0.01% |
177,951
-28,852
| -14% | -$2.73M |
|
1991
IQVIA
IQV
$38.9B
| $17.4M | ﹤0.01% |
88,796
+22,944
| +35% | +$4.84M |
|
1992
L3Harris
LHX
$54.3B
| $17.4M | ﹤0.01% |
82,981
+34,230
| +70% | +$8.2M |
|
1993
Wabtec
WAB
$50.5B
| $17.4M | ﹤0.01% |
91,993
+67,247
| +272% | +$13M |
|
1994
Element Solutions
ESI
$9.46B
| $17.4M | ﹤0.01% |
685,691
+385,651
| +129% | +$10.4M |
|
1995
PUT
Markel Group
MKL
$22.9B
| $17.4M | ﹤0.01% |
10,100
+400
| +4% | +$664K |
|
1996
Booz Allen Hamilton
BAH
$9.32B
| $17.4M | ﹤0.01% |
135,375
+43,569
| +47% | +$6.77M |
|
1997
SS&C Technologies
SSNC
$19.1B
| $17.4M | ﹤0.01% |
229,358
-265,768
| -54% | -$19.9M |
|
1998
DuPont de Nemours
DD
$19.8B
| $17.4M | ﹤0.01% |
181,427
+102,737
| +131% | +$10.7M |
|
1999
CALL
Vulcan Materials
VMC
$36.5B
| $17.4M | ﹤0.01% |
67,500
-74,800
| -53% | -$20.1M |
|
2000
Labcorp
LH
$25.8B
| $17.3M | ﹤0.01% |
75,655
+39,483
| +109% | +$9.06M |
|
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.