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 | |
|---|---|---|---|---|---|---|
401
CALL
Lennar Class A
LEN
$20.5B
| $173M | 0.03% |
1,191,359
-374,876
| -24% | -$57M |
|
402
DoorDash
DASH
$92.1B
| $173M | 0.03% |
1,588,727
+1,483,908
| +1,416% | +$179M |
|
403
McDonald's
MCD
$195B
| $173M | 0.03% |
677,314
+460,338
| +212% | +$122M |
|
404
CALL
State Street Consumer Discretionary Select Sector SPDR ETF
XLY
$23.4B
| $172M | 0.03% |
1,887,200
-2,478,200
| -57% | -$220M |
|
405
CALL
Trade Desk
TTD
$6.34B
| $171M | 0.03% |
1,752,800
-562,700
| -24% | -$50.8M |
|
406
CALL
Ulta Beauty
ULTA
$22.9B
| $170M | 0.03% |
439,700
-198,800
| -31% | -$80.8M |
|
407
CALL
ProShares Ultra VIX Short-Term Futures ETF
UVXY
$276M
| $170M | 0.03% |
1,441,100
+1,110,764
| +336% | +$162M |
|
408
CALL
NXP Semiconductors
NXPI
$58.9B
| $168M | 0.03% |
624,300
-102,800
| -14% | -$26.5M |
|
409
CALL
State Street Utilities Select Sector SPDR ETF
XLU
$22.8B
| $167M | 0.03% |
4,908,200
+352,000
| +8% | +$12.1M |
|
410
CALL
EOG Resources
EOG
$75.1B
| $167M | 0.03% |
1,328,100
-251,800
| -16% | -$32.3M |
|
411
CALL
Nucor
NUE
$61.7B
| $167M | 0.03% |
1,053,800
-173,700
| -14% | -$30.2M |
|
412
CALL
Apollo Global Management
APO
$81.9B
| $166M | 0.03% |
1,406,000
-202,900
| -13% | -$23M |
|
413
PUT
Invesco S&P 500 Equal Weight ETF
RSP
$99.5B
| $166M | 0.03% |
1,009,800
+574,600
| +132% | +$94.5M |
|
414
State Street Financial Select Sector SPDR ETF
XLF
$59.1B
| $166M | 0.03% |
4,033,841
-2,711,129
| -40% | -$112M |
|
415
CALL
Best Buy
BBY
$17.5B
| $165M | 0.03% |
1,960,100
+844,700
| +76% | +$67.1M |
|
416
Bristol-Myers Squibb
BMY
$130B
| $165M | 0.03% |
3,968,165
+2,494,944
| +169% | +$112M |
|
417
PUT
KraneShares CSI China Internet ETF
KWEB
$5.45B
| $164M | 0.03% |
6,072,500
+2,088,700
| +52% | +$59.8M |
|
418
CALL
State Street Health Care Select Sector SPDR ETF
XLV
$44B
| $161M | 0.03% |
1,105,300
-116,700
| -10% | -$16.7M |
|
419
CALL
Philip Morris
PM
$290B
| $160M | 0.03% |
1,582,800
-83,700
| -5% | -$8.18M |
|
420
CALL
McKesson
MCK
$102B
| $160M | 0.03% |
273,700
+74,500
| +37% | +$41.5M |
|
421
PUT
JD.com
JD
$42.7B
| $160M | 0.03% |
6,183,800
-3,792,600
| -38% | -$111M |
|
|
422
PUT
Best Buy
BBY
$17.5B
| $160M | 0.03% |
1,894,900
+675,500
| +55% | +$53.6M |
|
423
PUT
Estee Lauder
EL
$31.7B
| $159M | 0.03% |
1,495,700
-241,800
| -14% | -$31.7M |
|
424
PUT
Charter Communications
CHTR
$17.9B
| $158M | 0.03% |
528,700
-272,800
| -34% | -$74.5M |
|
425
CALL
iShares Gold Trust
IAU
$65.4B
| $156M | 0.03% |
3,545,200
+1,154,500
| +48% | +$51M |
|
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.