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 | |
|---|---|---|---|---|---|---|
2151
CALL
W.P. Carey
WPC
$16.3B
| $15.2M | ﹤0.01% |
278,800
+59,100
| +27% | +$3.37M |
|
|
ECHO
2152
PUT
EchoStar
ECHO
$26.7B
| $15.2M | ﹤0.01% |
663,100
-273,700
| -29% | -$6.63M |
|
2153
CALL
Joby Aviation
JOBY
$7.83B
| $15.2M | ﹤0.01% |
1,866,400
+959,200
| +106% | +$6.36M |
|
2154
PPG Industries
PPG
$25.4B
| $15.2M | ﹤0.01% |
126,990
+46,971
| +59% | +$5.87M |
|
2155
CALL
Willis Towers Watson
WTW
$30.8B
| $15.2M | ﹤0.01% |
48,400
-48,800
| -50% | -$15M |
|
2156
CALL
Academy Sports + Outdoors
ASO
$2.98B
| $15.1M | ﹤0.01% |
263,200
+155,600
| +145% | +$8.21M |
|
2157
CALL
ADMA Biologics
ADMA
$2.12B
| $15.1M | ﹤0.01% |
881,000
+313,600
| +55% | +$5.9M |
|
2158
CALL
Genuine Parts
GPC
$18.6B
| $15.1M | ﹤0.01% |
129,400
-129,400
| -50% | -$16.1M |
|
2159
CALL
Exelixis
EXEL
$12.7B
| $15.1M | ﹤0.01% |
453,000
-44,100
| -9% | -$1.43M |
|
|
TEM
2160
PUT
Tempus AI
TEM
$9.4B
| $15.1M | ﹤0.01% |
446,400
+165,100
| +59% | +$8.16M |
|
2161
Deckers Outdoor
DECK
$12.7B
| $15.1M | ﹤0.01% |
74,156
+6,475
| +10% | +$1.17M |
|
|
HCP
2162
PUT
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $15M | ﹤0.01% |
439,600
-31,300
| -7% | -$1.06M |
|
2163
CALL
Vaxcyte
PCVX
$8.64B
| $15M | ﹤0.01% |
183,400
+61,800
| +51% | +$6.14M |
|
2164
CALL
Logitech
LOGI
$14.8B
| $15M | ﹤0.01% |
182,300
+22,900
| +14% | +$1.9M |
|
2165
PUT
Iovance Biotherapeutics
IOVA
$3.16B
| $15M | ﹤0.01% |
2,028,100
+1,221,000
| +151% | +$11.3M |
|
2166
CALL
Crane Co
CR
$12.6B
| $15M | ﹤0.01% |
98,800
+73,200
| +286% | +$12.1M |
|
2167
NVR
NVR
$16.8B
| $15M | ﹤0.01% |
1,833
+1,031
| +129% | +$9.39M |
|
2168
D-Wave Quantum Inc. Common Stock
QBTS
$7.88B
| $15M | ﹤0.01% |
1,784,029
+1,270,155
| +247% | +$3.8M |
|
2169
PUT
iShares MSCI Taiwan ETF
EWT
$11.5B
| $15M | ﹤0.01% |
289,300
-375,800
| -57% | -$20.4M |
|
2170
PUT
Citizens Financial Group
CFG
$31.5B
| $14.9M | ﹤0.01% |
341,600
-573,100
| -63% | -$25.3M |
|
2171
Equifax
EFX
$21.2B
| $14.9M | ﹤0.01% |
58,630
+13,827
| +31% | +$3.71M |
|
|
BPMC
2172
CALL
DELISTED
Blueprint Medicines
BPMC
| $14.9M | ﹤0.01% |
171,300
+8,600
| +5% | +$788K |
|
2173
Martin Marietta Materials
MLM
$32.9B
| $14.9M | ﹤0.01% |
28,908
+15,538
| +116% | +$8.82M |
|
2174
PUT
L3Harris
LHX
$54.3B
| $14.9M | ﹤0.01% |
71,000
-101,800
| -59% | -$24.4M |
|
2175
CALL
Corteva
CTVA
$51.2B
| $14.9M | ﹤0.01% |
262,100
-64,900
| -20% | -$3.84M |
|
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.