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 |
Vanguard FTSE Developed Markets ETF
VEA
|
+$521M |
| 2 |
Nike
NKE
|
+$509M |
| 3 |
Micron Technology
MU
|
+$439M |
| 4 |
Super Micro Computer
SMCI
|
+$435M |
| 5 |
Broadcom
AVGO
|
+$329M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
NVIDIA
NVDA
|
+$5.31B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$2.89B |
| 3 |
Amazon
AMZN
|
+$1.48B |
| 4 |
Microsoft
MSFT
|
+$1.07B |
| 5 |
iShares Russell 2000 ETF
IWM
|
+$904M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.38% |
| 2 | Consumer Discretionary | 1.03% |
| 3 | Financials | 0.75% |
| 4 | Healthcare | 0.67% |
| 5 | Communication Services | 0.6% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
3151
CALL
MACOM Technology Solutions
MTSI
$24.2B
| $5.91M | ﹤0.01% |
53,000
+33,400
| +170% | +$3.41M |
|
3152
iShares US Basic Materials ETF
IYM
$1.02B
| $5.9M | ﹤0.01% |
42,143
+36,513
| +649% | +$5.25M |
|
3153
CALL
A.O. Smith
AOS
$8.45B
| $5.9M | ﹤0.01% |
72,100
+700
| +1% | +$59.2K |
|
|
ETRN
3154
PUT
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $5.89M | ﹤0.01% |
454,100
+55,300
| +14% | +$742K |
|
3155
Hormel Foods
HRL
$13.5B
| $5.88M | ﹤0.01% |
192,956
+71,958
| +59% | +$2.42M |
|
3156
CALL
Hecla Mining
HL
$12.3B
| $5.88M | ﹤0.01% |
1,213,000
-17,500
| -1% | -$93.4K |
|
|
KEEL
3157
PUT
Keel Infrastructure Corp
KEEL
$2.17B
| $5.88M | ﹤0.01% |
2,288,800
+20,900
| +0.9% | +$45K |
|
3158
STMicroelectronics
STM
$48.5B
| $5.88M | ﹤0.01% |
149,686
-60,917
| -29% | -$2.53M |
|
3159
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $5.88M | ﹤0.01% |
23,500
-8,700
| -27% | -$2.17M |
|
|
VRN
3160
DELISTED
Veren
VRN
| $5.88M | ﹤0.01% |
746,695
-103,767
| -12% | -$874K |
|
3161
CALL
Grand Canyon Education
LOPE
$3.76B
| $5.88M | ﹤0.01% |
42,000
-6,800
| -14% | -$937K |
|
3162
-1x Short VIX Futures ETF
SVIX
$173M
| $5.86M | ﹤0.01% |
122,851
+30,106
| +32% | +$1.3M |
|
3163
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$525M
| $5.86M | ﹤0.01% |
113,403
-31,013
| -21% | -$1.59M |
|
3164
CALL
MakeMyTrip
MMYT
$5.68B
| $5.85M | ﹤0.01% |
69,600
+11,700
| +20% | +$874K |
|
3165
CALL
Elbit Systems
ESLT
$36.7B
| $5.85M | ﹤0.01% |
33,100
-3,700
| -10% | -$722K |
|
3166
PUT
Vestis
VSTS
$1.76B
| $5.84M | ﹤0.01% |
477,700
+452,800
| +1,818% | +$6.54M |
|
3167
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $5.84M | ﹤0.01% |
81,075
-4,370
| -5% | -$313K |
|
|
AVDX
3168
CALL
DELISTED
AvidXchange
AVDX
| $5.83M | ﹤0.01% |
483,700
-150,900
| -24% | -$1.72M |
|
3169
Brighthouse Financial
BHF
$3.37B
| $5.82M | ﹤0.01% |
+134,366
| New | +$6.2M |
|
|
NVEI
3170
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $5.82M | ﹤0.01% |
179,775
-719,272
| -80% | -$23.2M |
|
3171
Tyler Technologies
TYL
$13.5B
| $5.81M | ﹤0.01% |
11,554
+2,999
| +35% | +$1.38M |
|
3172
PUT
Ionis Pharmaceuticals
IONS
$9.51B
| $5.8M | ﹤0.01% |
121,700
-69,700
| -36% | -$2.86M |
|
3173
CALL
Incyte
INCY
$24.4B
| $5.8M | ﹤0.01% |
95,600
+50,100
| +110% | +$2.84M |
|
3174
PTC
PTC
$16.2B
| $5.79M | ﹤0.01% |
31,895
+5,275
| +20% | +$944K |
|
3175
CALL
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $5.79M | ﹤0.01% |
+107,100
| New | +$5.77M |
|
Similar funds
Susquehanna International Group's Q2 2024 Portfolio in Review
As of Q2 2024, Susquehanna International Group held 13,638 positions worth $537B, down 6.7% from $576B the previous quarter. Its ten largest holdings account for 26% of the portfolio.
Susquehanna International Group withdrew a net $65.7B in Q2 2024, closing 1,726 positions and reducing 5,607 holdings. Its most notable exit was iShares MSCI USA Quality Factor ETF, an estimated $26.2M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.4% of assets, down from 3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in NextEra Energy 7.299% Corporate Units worth $127M.
- Susquehanna International Group's largest Q2 2024 buy was NextEra Energy 7.299% Corporate Units: 2,575,000 shares worth $127M.
- Susquehanna International Group added most to Vanguard FTSE Developed Markets ETF in Q2 2024, an estimated $521M increase.
- Susquehanna International Group's biggest Q2 2024 reduction was NVIDIA, cutting an estimated $5.31B.
- Susquehanna International Group fully exited iShares MSCI USA Quality Factor ETF in Q2 2024, selling an estimated $26.2M.
- Susquehanna International Group's ten largest holdings make up 26% of its $537B portfolio in Q2 2024.
- Susquehanna International Group opened 1,591 new positions and closed 1,726 in Q2 2024.
- Susquehanna International Group's portfolio value fell 6.7% quarter-over-quarter to $537B.
Based on Susquehanna International Group's 13F filing for Q2 2024, filed 15 Aug 2024.