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 | |
|---|---|---|---|---|---|---|
2001
CALL
Ares Capital
ARCC
$14.3B
| $17.3M | ﹤0.01% |
791,500
-198,100
| -20% | -$4.27M |
|
2002
Rockwell Automation
ROK
$49.9B
| $17.2M | ﹤0.01% |
60,211
+9,624
| +19% | +$2.71M |
|
2003
CALL
Booz Allen Hamilton
BAH
$9.32B
| $17.2M | ﹤0.01% |
133,700
+111,500
| +502% | +$17.3M |
|
2004
PUT
GXO Logistics
GXO
$5.59B
| $17.2M | ﹤0.01% |
395,300
+357,500
| +946% | +$19.7M |
|
2005
CALL
CDW
CDW
$17.4B
| $17.2M | ﹤0.01% |
98,800
-47,900
| -33% | -$9.31M |
|
2006
PUT
Sony
SONY
$142B
| $17.2M | ﹤0.01% |
810,500
-67,000
| -8% | -$1.31M |
|
2007
CALL
AngloGold Ashanti
AU
$48.7B
| $17.1M | ﹤0.01% |
742,500
+275,300
| +59% | +$7.19M |
|
2008
CAVA Group
CAVA
$8.69B
| $17.1M | ﹤0.01% |
151,654
-2,302
| -1% | -$307K |
|
2009
CALL
Ralph Lauren
RL
$23.2B
| $17.1M | ﹤0.01% |
74,000
-170,900
| -70% | -$36.4M |
|
2010
Allison Transmission
ALSN
$10.4B
| $17.1M | ﹤0.01% |
158,110
+30,582
| +24% | +$3.34M |
|
2011
PUT
Motorola Solutions
MSI
$77.2B
| $17.1M | ﹤0.01% |
36,900
-8,100
| -18% | -$3.84M |
|
2012
Kroger
KR
$34.7B
| $17M | ﹤0.01% |
277,916
-20,087
| -7% | -$1.18M |
|
2013
LPL Financial
LPLA
$29.2B
| $17M | ﹤0.01% |
51,972
-16,928
| -25% | -$5.01M |
|
2014
Avantis International Small Cap Value ETF
AVDV
$20B
| $17M | ﹤0.01% |
+260,582
| New | +$17.6M |
|
2015
Acadia Pharmaceuticals
ACAD
$4.87B
| $16.9M | ﹤0.01% |
923,485
+249,366
| +37% | +$4.02M |
|
2016
Keurig Dr Pepper
KDP
$42.8B
| $16.9M | ﹤0.01% |
527,431
+386,204
| +273% | +$13.1M |
|
2017
Howmet Aerospace
HWM
$115B
| $16.9M | ﹤0.01% |
154,383
+100,679
| +187% | +$11M |
|
2018
CALL
ProShares UltraPro Short S&P 500
SPXU
$380M
| $16.9M | ﹤0.01% |
187,075
-63,500
| -25% | -$5.75M |
|
2019
CALL
Asana
ASAN
$2.11B
| $16.9M | ﹤0.01% |
831,500
+301,800
| +57% | +$4.78M |
|
2020
Old Dominion Freight Line
ODFL
$43.7B
| $16.8M | ﹤0.01% |
95,468
+64,275
| +206% | +$13.1M |
|
|
JBTM
2021
JBT Marel
JBTM
$6.23B
| $16.8M | ﹤0.01% |
132,257
+39,918
| +43% | +$4.61M |
|
2022
CALL
Idexx Laboratories
IDXX
$43.4B
| $16.8M | ﹤0.01% |
40,600
-19,700
| -33% | -$8.64M |
|
2023
CALL
Trip.com Group
TCOM
$28.3B
| $16.8M | ﹤0.01% |
244,400
-62,500
| -20% | -$4.13M |
|
|
NUVL
2024
CALL
DELISTED
Nuvalent
NUVL
| $16.8M | ﹤0.01% |
214,100
+65,600
| +44% | +$6.13M |
|
2025
CALL
Groupon
GRPN
$875M
| $16.8M | ﹤0.01% |
1,379,300
+63,900
| +5% | +$670K |
|
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.