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 | |
|---|---|---|---|---|---|---|
2351
CALL
Incyte
INCY
$24.4B
| $12.7M | ﹤0.01% |
184,000
+100,000
| +119% | +$7.13M |
|
2352
Sprout Social
SPT
$599M
| $12.7M | ﹤0.01% |
413,753
+369,713
| +839% | +$11.1M |
|
2353
CALL
Erie Indemnity
ERIE
$13.4B
| $12.7M | ﹤0.01% |
30,800
+13,800
| +81% | +$6.18M |
|
2354
CALL
Trupanion
TRUP
$1.34B
| $12.7M | ﹤0.01% |
263,300
+28,900
| +12% | +$1.48M |
|
2355
PUT
Amdocs
DOX
$6.18B
| $12.7M | ﹤0.01% |
149,000
+112,700
| +310% | +$9.89M |
|
2356
CALL
Guardant Health
GH
$21.1B
| $12.7M | ﹤0.01% |
415,000
+320,700
| +340% | +$9.02M |
|
|
HTLF
2357
DELISTED
Heartland Financial USA, Inc.
HTLF
| $12.7M | ﹤0.01% |
206,765
+172,982
| +512% | +$10.8M |
|
|
HCP
2358
CALL
DELISTED
HashiCorp, Inc. Class A Common Stock
HCP
| $12.7M | ﹤0.01% |
370,400
-2,400
| -0.6% | -$81.3K |
|
2359
Ryman Hospitality Properties
RHP
$7.92B
| $12.6M | ﹤0.01% |
121,233
+36,552
| +43% | +$4.07M |
|
2360
PUT
NuScale Power
SMR
$3.85B
| $12.6M | ﹤0.01% |
705,400
+474,800
| +206% | +$9.8M |
|
2361
WEC Energy
WEC
$36B
| $12.6M | ﹤0.01% |
134,325
+30,467
| +29% | +$2.95M |
|
2362
CALL
Lucid Motors
LCID
$2.45B
| $12.6M | ﹤0.01% |
418,060
-39,780
| -9% | -$1.04M |
|
|
FITB
2363
Fifth Third Bancorp
FITB
$52.7B
| $12.6M | ﹤0.01% |
298,601
+19,151
| +7% | +$859K |
|
2364
JPMorgan Nasdaq Equity Premium Income ETF
JEPQ
$42B
| $12.6M | ﹤0.01% |
223,788
-562,294
| -72% | -$31.6M |
|
2365
CALL
Viatris
VTRS
$18.6B
| $12.6M | ﹤0.01% |
1,013,400
-172,000
| -15% | -$2.11M |
|
2366
iShares MSCI Canada ETF
EWC
$6.56B
| $12.6M | ﹤0.01% |
312,692
+200,954
| +180% | +$8.38M |
|
2367
United States Oil Fund
USO
$1.79B
| $12.6M | ﹤0.01% |
166,795
-148,429
| -47% | -$10.8M |
|
2368
Li Auto
LI
$12B
| $12.6M | ﹤0.01% |
525,239
+287,256
| +121% | +$7.12M |
|
2369
CALL
ArcBest
ARCB
$3.19B
| $12.6M | ﹤0.01% |
135,000
-22,800
| -14% | -$2.41M |
|
2370
CALL
Century Aluminum
CENX
$4.62B
| $12.6M | ﹤0.01% |
691,100
+363,300
| +111% | +$7.14M |
|
2371
CALL
AGNC Investment
AGNC
$13B
| $12.6M | ﹤0.01% |
1,366,400
-812,200
| -37% | -$7.92M |
|
2372
Texas Pacific Land
TPL
$24.7B
| $12.5M | ﹤0.01% |
34,035
+18,522
| +119% | +$7.57M |
|
2373
PUT
iShares US Aerospace & Defense ETF
ITA
$15.1B
| $12.5M | ﹤0.01% |
86,300
+16,800
| +24% | +$2.53M |
|
|
WNS
2374
PUT
DELISTED
WNS Holdings
WNS
| $12.5M | ﹤0.01% |
264,500
+242,600
| +1,108% | +$12M |
|
2375
Nokia
NOK
$60.1B
| $12.5M | ﹤0.01% |
2,827,748
-382,217
| -12% | -$1.7M |
|
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.