Susquehanna International Group, LLP
Susquehanna International Group, LLP (SIG) is a global quantitative trading firm headquartered in Bala Cynwyd, Pennsylvania, United States. Founded in 1987, SIG employs over 3,200 people across more than 17 global offices. SIG is one of the largest proprietary trading firms worldwide and provides liquidity and competitive pricing in financial markets, alongside active participation in private equity, structured capital, and institutional brokerage. The firm leverages a collaborative culture focused on decision science, game theory, and innovation, serving institutional clients and actively trading globally.
Investment Strategy
SIG utilizes quantitative skills and game theory to build and implement successful trading strategies. The firm is renowned for its rigorous scientific approach, leveraging large-scale data, technology, and strategic games to optimize decision making and manage risk in uncertain financial markets. SIG operates as a proprietary trading firm, primarily providing liquidity and competitive pricing, using advanced analytics and modeling to inform trades. Its analytical, growth-oriented culture encourages collaboration and constant innovation across asset classes and geographies.
Top Holdings
Equity Positions (5,732)
| Ticker | Security | Weight | Market Value | Shares | Avg Cost | Price | Change (QoQ) |
|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | 1.28% | $9.18B | 14,864,113 | $496.47 | $617.85 | -$4.26B |
T TLT | ISHARES TR | 0.23% | $1.68B | 18,995,495 | $92.05 | $88.25 | -$250.6M |
N NVDA | NVIDIA CORPORATION | 0.23% | $1.65B | 10,450,954 | $74.89 | $157.99 | +$630.5M |
Q QQQ | INVESCO QQQ TR | 0.22% | $1.56B | 2,823,440 | $418.38 | $551.64 | -$115.9M |
M MSFT | MICROSOFT CORP | 0.17% | $1.20B | 2,407,074 | $415.55 | $497.41 | +$730.7M |
Options Positions (10)
| Ticker | Security | Action | Type | Notional Value | Contracts | Underlying Price | Premium Paid | Change (Contracts) | Change (Value) |
|---|---|---|---|---|---|---|---|---|---|
S SPY | SPDR S&P 500 ETF TR | Bought | Call | $34.83B | 563,743 | $617.85 | $483.48 | +158,303 | +$12.15B |
S SPY | SPDR S&P 500 ETF TR | Bought | Put | $32.73B | 529,756 | $617.85 | $483.97 | +85,785 | +$7.90B |
N NVDA | NVIDIA CORPORATION | Sold | Call | $22.45B | 1,420,713 | $157.99 | $44.62 | -200,922 | +$4.87B |
T TSLA | TESLA INC | Bought | Call | $19.00B | 598,125 | $317.66 | $136.78 | +20,790 | +$4.04B |
Q QQQ | INVESCO QQQ TR | Sold | Call | $15.80B | 286,475 | $551.64 | $332.21 | -4,811 | +$2.14B |