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 | |
|---|---|---|---|---|---|---|
701
CALL
State Street SPDR S&P MIDCAP 400 ETF Trust
MDY
$27.3B
| $79.7M | 0.01% |
149,000
-60,400
| -29% | -$32.5M |
|
702
PUT
SLB Ltd
SLB
$77.3B
| $79.6M | 0.01% |
1,686,500
-247,600
| -13% | -$12M |
|
|
WCC
703
CALL
WESCO International
WCC
$17.5B
| $78.8M | 0.01% |
497,000
+236,600
| +91% | +$40.3M |
|
704
PUT
Scorpio Tankers
STNG
$3.93B
| $78.8M | 0.01% |
968,800
+167,500
| +21% | +$12.8M |
|
705
CALL
Core Scientific
CORZ
$6.36B
| $78.7M | 0.01% |
8,466,100
+7,156,100
| +546% | +$36.6M |
|
706
PUT
Progressive
PGR
$121B
| $78.7M | 0.01% |
378,900
+159,400
| +73% | +$33.4M |
|
|
FINV
707
FinVolution Group
FINV
$1.07B
| $78.7M | 0.01% |
16,493,362
| – | – |
|
708
Coca-Cola
KO
$376B
| $78.6M | 0.01% |
1,235,076
-560,802
| -31% | -$34.7M |
|
709
CALL
Sherwin-Williams
SHW
$87.8B
| $78.3M | 0.01% |
262,300
-1,700
| -0.6% | -$526K |
|
710
PUT
argenx
ARGX
$53.6B
| $78.2M | 0.01% |
181,800
+126,700
| +230% | +$48.5M |
|
711
CALL
KKR & Co
KKR
$103B
| $78.1M | 0.01% |
742,000
+104,300
| +16% | +$10.6M |
|
712
AbbVie
ABBV
$443B
| $77.7M | 0.01% |
452,895
-106,898
| -19% | -$17.7M |
|
713
PUT
Upstart Holdings
UPST
$3.01B
| $77.5M | 0.01% |
3,286,000
+571,700
| +21% | +$13.8M |
|
714
Amphenol
APH
$204B
| $77.5M | 0.01% |
1,150,399
+802,913
| +231% | +$50.7M |
|
715
CALL
iShares Biotechnology ETF
IBB
$9.77B
| $77.4M | 0.01% |
564,200
+319,100
| +130% | +$42.6M |
|
716
CALL
Etsy
ETSY
$7.4B
| $77.4M | 0.01% |
1,311,800
-511,200
| -28% | -$32.7M |
|
717
Texas Instruments
TXN
$250B
| $77.3M | 0.01% |
397,409
+22,197
| +6% | +$4.1M |
|
718
PUT
Corebridge Financial
CRBG
$15.3B
| $77.2M | 0.01% |
2,652,800
+2,269,600
| +592% | +$65.3M |
|
719
Lam Research
LRCX
$422B
| $77M | 0.01% |
723,150
-61,800
| -8% | -$5.93M |
|
|
720
CALL
SLB Ltd
SLB
$77.3B
| $76.8M | 0.01% |
1,627,400
-676,400
| -29% | -$32.6M |
|
721
PUT
ON Semiconductor
ON
$31.8B
| $76.6M | 0.01% |
1,117,500
-754,600
| -40% | -$52.9M |
|
|
DOCU
722
PUT
DocuSign
DOCU
$12.2B
| $76.6M | 0.01% |
1,431,100
-494,300
| -26% | -$27.9M |
|
723
PUT
iShares 7-10 Year Treasury Bond ETF
IEF
$47.3B
| $76.4M | 0.01% |
816,100
-1,395,800
| -63% | -$130M |
|
724
CALL
Constellation Energy
CEG
$98.7B
| $76.4M | 0.01% |
381,300
-43,200
| -10% | -$8.81M |
|
725
CALL
Burlington
BURL
$22.4B
| $76.3M | 0.01% |
318,000
-390,300
| -55% | -$80.3M |
|
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.