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 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.58B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$1.43B |
| 3 |
Boeing
BA
|
+$283M |
| 4 |
CrowdStrike
CRWD
|
+$251M |
| 5 |
Coinbase
COIN
|
+$235M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Apple
AAPL
|
+$845M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$837M |
| 3 |
Broadcom
AVGO
|
+$691M |
| 4 |
NVIDIA
NVDA
|
+$662M |
| 5 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$660M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.85% |
| 2 | Consumer Discretionary | 1.02% |
| 3 | Financials | 0.76% |
| 4 | Communication Services | 0.62% |
| 5 | Healthcare | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Signet Jewelers
SIG
$3.54B
| $16.6M | ﹤0.01% |
160,500
-115,100
| -42% | -$9.72M |
|
2002
CALL
Banc of California
BANC
$3.1B
| $16.5M | ﹤0.01% |
1,123,400
+93,100
| +9% | +$1.29M |
|
2003
CALL
Boot Barn
BOOT
$4.94B
| $16.5M | ﹤0.01% |
98,900
-86,400
| -47% | -$11.9M |
|
|
P
2004
PUT
Everpure Inc
P
$39.3B
| $16.5M | ﹤0.01% |
329,200
-24,000
| -7% | -$1.36M |
|
2005
CALL
iShares S&P 500 Growth ETF
IVW
$77.5B
| $16.5M | ﹤0.01% |
172,700
-95,700
| -36% | -$8.84M |
|
2006
PUT
ProShares UltraPro Short QQQ
SQQQ
$1.7B
| $16.5M | ﹤0.01% |
89,336
+41,500
| +87% | +$8.77M |
|
2007
CALL
Casey's General Stores
CASY
$31.6B
| $16.5M | ﹤0.01% |
43,900
-30,000
| -41% | -$11.2M |
|
2008
CALL
Gold Fields
GFI
$35.7B
| $16.5M | ﹤0.01% |
1,074,100
+257,500
| +32% | +$3.98M |
|
2009
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $16.5M | ﹤0.01% |
38,938
-25,665
| -40% | -$10.4M |
|
2010
CALL
iShares MSCI Taiwan ETF
EWT
$11.5B
| $16.4M | ﹤0.01% |
304,600
+255,900
| +525% | +$13.6M |
|
2011
CALL
Neurocrine Biosciences
NBIX
$15.6B
| $16.4M | ﹤0.01% |
142,300
-22,400
| -14% | -$3.07M |
|
2012
PUT
PVH
PVH
$3.76B
| $16.4M | ﹤0.01% |
162,200
+73,600
| +83% | +$7.32M |
|
2013
CALL
Armstrong World Industries
AWI
$7.66B
| $16.3M | ﹤0.01% |
124,400
+77,600
| +166% | +$9.59M |
|
2014
PUT
GSK
GSK
$98.8B
| $16.3M | ﹤0.01% |
399,700
-134,800
| -25% | -$5.51M |
|
2015
Jefferies Financial Group
JEF
$12.7B
| $16.3M | ﹤0.01% |
265,381
+250,711
| +1,709% | +$14.2M |
|
2016
Kinder Morgan
KMI
$72.9B
| $16.3M | ﹤0.01% |
739,095
+76,677
| +12% | +$1.62M |
|
2017
PUT
Baker Hughes
BKR
$64B
| $16.3M | ﹤0.01% |
451,600
+190,800
| +73% | +$6.71M |
|
2018
Blackstone
BX
$109B
| $16.3M | ﹤0.01% |
106,516
-96,108
| -47% | -$13.3M |
|
2019
CALL
Omega Healthcare
OHI
$14.1B
| $16.3M | ﹤0.01% |
400,500
-92,500
| -19% | -$3.5M |
|
|
DQ
2020
CALL
Daqo New Energy
DQ
$987M
| $16.3M | ﹤0.01% |
799,500
+427,800
| +115% | +$6.9M |
|
2021
PUT
Novavax
NVAX
$1.31B
| $16.3M | ﹤0.01% |
1,288,900
-176,600
| -12% | -$2.28M |
|
2022
PUT
Lantheus
LNTH
$6.59B
| $16.2M | ﹤0.01% |
148,000
-45,000
| -23% | -$4.67M |
|
2023
CALL
Wabtec
WAB
$50.7B
| $16.2M | ﹤0.01% |
89,300
+8,900
| +11% | +$1.46M |
|
2024
PUT
Cooper Companies
COO
$14.9B
| $16.2M | ﹤0.01% |
147,100
+130,200
| +770% | +$12.7M |
|
2025
CALL
Sphere Entertainment
SPHR
$6.15B
| $16.2M | ﹤0.01% |
366,700
+89,700
| +32% | +$3.86M |
|
Similar funds
Susquehanna International Group's Q3 2024 Portfolio in Review
As of Q3 2024, Susquehanna International Group held 13,475 positions worth $572B, up 6.6% from $537B the previous quarter. Its ten largest holdings account for 25% of the portfolio.
Susquehanna International Group's Q3 2024 filing shows 1,572 new, 5,247 increased, 4,924 reduced and 1,625 closed positions. Its largest new stake was Camtek: 408,771 shares worth $32.6M. The largest sale was Apple, an estimated $845M.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.4% a quarter earlier, followed by Consumer Discretionary and Financials.
- Susquehanna International Group's largest Q3 2024 buy was Camtek: 408,771 shares worth $32.6M.
- Susquehanna International Group added most to State Street SPDR S&P 500 ETF Trust in Q3 2024, an estimated $2.58B increase.
- Susquehanna International Group's biggest Q3 2024 reduction was Apple, cutting an estimated $845M.
- Susquehanna International Group fully exited iShares Convertible Bond ETF in Q3 2024, selling an estimated $80.5M.
- Susquehanna International Group's ten largest holdings make up 25% of its $572B portfolio in Q3 2024.
- Susquehanna International Group opened 1,572 new positions and closed 1,625 in Q3 2024.
- Susquehanna International Group's portfolio value rose 6.6% quarter-over-quarter to $572B.
Based on Susquehanna International Group's 13F filing for Q3 2024, filed 14 Nov 2024.