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 | |
|---|---|---|---|---|---|---|
2076
Verisk Analytics
VRSK
$23.6B
| $16.1M | ﹤0.01% |
58,543
+33,617
| +135% | +$9.36M |
|
2077
PUT
Axos Financial
AX
$5.8B
| $16.1M | ﹤0.01% |
230,500
-106,600
| -32% | -$7.78M |
|
2078
US Global Jets ETF
JETS
$824M
| $16.1M | ﹤0.01% |
634,619
+18,446
| +3% | +$436K |
|
2079
PUT
Maplebear
CART
$11.3B
| $16.1M | ﹤0.01% |
388,200
+129,600
| +50% | +$5.62M |
|
2080
The GEO Group
GEO
$4.11B
| $16.1M | ﹤0.01% |
574,047
+126,137
| +28% | +$2.8M |
|
2081
CALL
SharkNinja
SN
$26.1B
| $16M | ﹤0.01% |
164,700
-11,400
| -6% | -$1.16M |
|
2082
PUT
iShares Russell 1000 Growth ETF
IWF
$128B
| $16M | ﹤0.01% |
159,600
-50,000
| -24% | -$4.92M |
|
2083
Waters Corp
WAT
$40.5B
| $16M | ﹤0.01% |
43,176
+33,860
| +363% | +$12.4M |
|
2084
CALL
Comfort Systems
FIX
$62.4B
| $15.9M | ﹤0.01% |
37,600
-21,200
| -36% | -$9.31M |
|
2085
Extra Space Storage
EXR
$31.2B
| $15.9M | ﹤0.01% |
106,285
+51,874
| +95% | +$8.51M |
|
2086
M&T Bank
MTB
$36.7B
| $15.9M | ﹤0.01% |
84,544
+2,274
| +3% | +$452K |
|
2087
AngloGold Ashanti
AU
$48.7B
| $15.9M | ﹤0.01% |
688,204
+572,718
| +496% | +$15M |
|
2088
PUT
Toronto Dominion Bank
TD
$205B
| $15.9M | ﹤0.01% |
298,200
+54,600
| +22% | +$3.06M |
|
2089
CALL
Vanguard Morningstar Small-Cap ETF
VB
$83.6B
| $15.9M | ﹤0.01% |
66,000
-25,100
| -28% | -$6.18M |
|
2090
Zscaler
ZS
$29.7B
| $15.9M | ﹤0.01% |
87,877
+46,754
| +114% | +$9.05M |
|
2091
CALL
Cytokinetics
CYTK
$10.3B
| $15.8M | ﹤0.01% |
336,900
-10,200
| -3% | -$530K |
|
2092
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $15.8M | ﹤0.01% |
122,029
+100,164
| +458% | +$12.2M |
|
2093
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $15.8M | ﹤0.01% |
37,188
-1,750
| -4% | -$758K |
|
2094
First Citizens BancShares
FCNCA
$25.9B
| $15.8M | ﹤0.01% |
7,483
-12,483
| -63% | -$26.2M |
|
2095
TSMC
TSM
$2.21T
| $15.8M | ﹤0.01% |
80,061
-1,428,397
| -95% | -$276M |
|
2096
PUT
LPL Financial
LPLA
$29.2B
| $15.8M | ﹤0.01% |
48,400
-73,500
| -60% | -$21.7M |
|
2097
Consolidated Edison
ED
$40.2B
| $15.8M | ﹤0.01% |
176,958
+107,811
| +156% | +$10.6M |
|
2098
PUT
Signet Jewelers
SIG
$3.52B
| $15.8M | ﹤0.01% |
195,200
+34,700
| +22% | +$3.23M |
|
2099
AES
AES
$10.5B
| $15.7M | ﹤0.01% |
1,223,713
+987,046
| +417% | +$14.7M |
|
2100
Voya Financial
VOYA
$9.2B
| $15.7M | ﹤0.01% |
228,622
+97,330
| +74% | +$7.61M |
|
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.