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 | |
|---|---|---|---|---|---|---|
2051
PUT
MPLX
MPLX
$60.3B
| $16.5M | ﹤0.01% |
344,100
+100,300
| +41% | +$4.67M |
|
2052
PUT
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $16.5M | ﹤0.01% |
67,700
+20,500
| +43% | +$4.79M |
|
2053
PUT
Ambarella
AMBA
$3.6B
| $16.5M | ﹤0.01% |
226,200
+37,800
| +20% | +$2.41M |
|
2054
PUT
Quantum Computing Inc
QUBT
$2.04B
| $16.4M | ﹤0.01% |
+993,100
| New | +$5.46M |
|
2055
PUT
DaVita
DVA
$11.5B
| $16.4M | ﹤0.01% |
109,800
+54,100
| +97% | +$8.48M |
|
2056
PUT
Blue Owl Capital
OWL
$19.1B
| $16.4M | ﹤0.01% |
705,700
+266,700
| +61% | +$6.1M |
|
2057
PUT
ProShares Short VIX Short-Term Futures ETF
SVXY
$235M
| $16.4M | ﹤0.01% |
327,800
+22,100
| +7% | +$1.11M |
|
2058
iShares National Muni Bond ETF
MUB
$45.8B
| $16.4M | ﹤0.01% |
153,838
+128,681
| +512% | +$13.8M |
|
2059
Public Service Enterprise Group
PEG
$37.9B
| $16.4M | ﹤0.01% |
193,838
+293
| +0.2% | +$25.9K |
|
2060
CALL
Papa John's
PZZA
$799M
| $16.4M | ﹤0.01% |
398,700
-218,500
| -35% | -$10.7M |
|
2061
PUT
Vanguard FTSE Emerging Markets ETF
VWO
$125B
| $16.4M | ﹤0.01% |
371,700
-45,300
| -11% | -$2.11M |
|
2062
Southwest Airlines
LUV
$21.7B
| $16.4M | ﹤0.01% |
486,824
-42,041
| -8% | -$1.34M |
|
2063
CALL
Global Ship Lease
GSL
$1.52B
| $16.4M | ﹤0.01% |
749,500
-30,000
| -4% | -$700K |
|
2064
CALL
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $16.3M | ﹤0.01% |
125,980
-2,400
| -2% | -$293K |
|
2065
PUT
Zions Bancorporation
ZION
$10.5B
| $16.3M | ﹤0.01% |
300,800
-300,300
| -50% | -$16.5M |
|
2066
APi Group
APG
$19B
| $16.3M | ﹤0.01% |
679,508
+103,329
| +18% | +$2.46M |
|
|
SERV
2067
CALL
Serve Robotics
SERV
$433M
| $16.3M | ﹤0.01% |
1,206,900
+943,500
| +358% | +$9.91M |
|
2068
PUT
Nabors Industries
NBR
$1.39B
| $16.3M | ﹤0.01% |
284,900
-49,800
| -15% | -$3.54M |
|
|
JNPR
2069
CALL
DELISTED
Juniper Networks
JNPR
| $16.3M | ﹤0.01% |
434,600
+36,300
| +9% | +$1.37M |
|
2070
CALL
ZTO Express
ZTO
$17.4B
| $16.2M | ﹤0.01% |
831,200
-8,100
| -1% | -$178K |
|
2071
Republic Services
RSG
$65.7B
| $16.2M | ﹤0.01% |
80,697
+49,904
| +162% | +$10.3M |
|
|
2072
PUT
Republic Services
RSG
$65.7B
| $16.2M | ﹤0.01% |
80,600
+11,800
| +17% | +$2.44M |
|
2073
CALL
Enbridge
ENB
$111B
| $16.2M | ﹤0.01% |
382,000
-145,300
| -28% | -$6.08M |
|
2074
PUT
Virgin Galactic
SPCE
$503M
| $16.2M | ﹤0.01% |
2,756,500
-177,900
| -6% | -$1.18M |
|
2075
Celanese
CE
$5.01B
| $16.2M | ﹤0.01% |
233,622
+199,139
| +577% | +$19.1M |
|
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.