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 | |
|---|---|---|---|---|---|---|
2201
Regions Financial
RF
$27.2B
| $14.6M | ﹤0.01% |
619,520
-8,461
| -1% | -$209K |
|
2202
Hess Midstream
HESM
$5.2B
| $14.5M | ﹤0.01% |
392,910
+182,454
| +87% | +$6.56M |
|
2203
PUT
HF Sinclair
DINO
$16.7B
| $14.5M | ﹤0.01% |
414,900
+158,500
| +62% | +$6.48M |
|
2204
CALL
Transmedics
TMDX
$3.07B
| $14.5M | ﹤0.01% |
233,100
+89,400
| +62% | +$8.32M |
|
2205
Hubbell
HUBB
$27B
| $14.5M | ﹤0.01% |
34,660
+21,604
| +165% | +$9.64M |
|
2206
CALL
iShares MSCI ACWI ETF
ACWI
$33.6B
| $14.5M | ﹤0.01% |
123,500
-11,600
| -9% | -$1.39M |
|
2207
CALL
Bank OZK
OZK
$5.72B
| $14.5M | ﹤0.01% |
325,300
-133,100
| -29% | -$6.09M |
|
2208
PUT
Zimmer Biomet
ZBH
$19.2B
| $14.5M | ﹤0.01% |
137,100
+2,500
| +2% | +$268K |
|
2209
CALL
FIVE9
FIVN
$2.47B
| $14.5M | ﹤0.01% |
356,300
+99,400
| +39% | +$3.59M |
|
|
NVMI
2210
CALL
Nova
NVMI
$13.3B
| $14.5M | ﹤0.01% |
73,500
-128,800
| -64% | -$24.8M |
|
2211
CALL
Rocket Companies
RKT
$41.8B
| $14.5M | ﹤0.01% |
1,284,200
-1,271,300
| -50% | -$18.9M |
|
2212
CALL
Darling Ingredients
DAR
$10.6B
| $14.5M | ﹤0.01% |
429,100
-186,300
| -30% | -$7.04M |
|
2213
PUT
Harrow
HROW
$1.5B
| $14.5M | ﹤0.01% |
430,800
+152,900
| +55% | +$6.77M |
|
2214
CALL
Ingersoll Rand
IR
$32.3B
| $14.4M | ﹤0.01% |
159,400
-134,800
| -46% | -$13.4M |
|
2215
PUT
Cinemark Holdings
CNK
$4.33B
| $14.4M | ﹤0.01% |
465,400
+82,200
| +21% | +$2.54M |
|
2216
Valaris
VAL
$5.95B
| $14.4M | ﹤0.01% |
325,865
+106,593
| +49% | +$5.13M |
|
2217
Tractor Supply
TSCO
$18.7B
| $14.4M | ﹤0.01% |
271,587
-169,288
| -38% | -$9.56M |
|
2218
CALL
BigBear.ai
BBAI
$1.57B
| $14.4M | ﹤0.01% |
3,236,800
+2,603,200
| +411% | +$5.89M |
|
2219
PUT
Corning
GLW
$143B
| $14.4M | ﹤0.01% |
303,000
-336,200
| -53% | -$15.9M |
|
2220
iShares MSCI Japan ETF
EWJ
$23.2B
| $14.4M | ﹤0.01% |
214,242
-860,019
| -80% | -$59.3M |
|
2221
CALL
Corcept Therapeutics
CORT
$12.4B
| $14.4M | ﹤0.01% |
285,200
-129,300
| -31% | -$6.78M |
|
2222
CALL
TE Connectivity
TEL
$62.6B
| $14.4M | ﹤0.01% |
100,500
-65,600
| -39% | -$9.77M |
|
2223
CALL
Applied Digital
APLD
$8.98B
| $14.3M | ﹤0.01% |
1,876,000
-1,581,300
| -46% | -$13.1M |
|
|
NNE
2224
PUT
Nano Nuclear Energy
NNE
$1.06B
| $14.3M | ﹤0.01% |
+574,700
| New | +$13M |
|
2225
PUT
Keysight
KEYS
$61.1B
| $14.3M | ﹤0.01% |
89,000
-98,600
| -53% | -$15.9M |
|
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.