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 | |
|---|---|---|---|---|---|---|
1026
Shopify
SHOP
$204B
| $46.7M | 0.01% |
706,882
+539,399
| +322% | +$35.8M |
|
1027
PUT
Teradyne
TER
$64.2B
| $46.6M | 0.01% |
314,100
+95,000
| +43% | +$12.1M |
|
1028
PUT
Ralph Lauren
RL
$23.1B
| $46.5M | 0.01% |
265,900
+10,400
| +4% | +$1.8M |
|
1029
PUT
Waste Management
WM
$89.6B
| $46.3M | 0.01% |
217,000
-258,300
| -54% | -$53.7M |
|
1030
PUT
CarMax
KMX
$8.52B
| $46.2M | 0.01% |
630,200
-203,200
| -24% | -$14.6M |
|
1031
iShares MSCI Brazil ETF
EWZ
$8.55B
| $46.2M | 0.01% |
1,690,450
-2,359,093
| -58% | -$71.6M |
|
|
MRO
1032
CALL
DELISTED
Marathon Oil Corporation
MRO
| $46.1M | 0.01% |
1,607,900
-488,300
| -23% | -$13.5M |
|
1033
PUT
Caesars Entertainment
CZR
$6.04B
| $45.9M | 0.01% |
1,156,200
+176,000
| +18% | +$6.61M |
|
1034
PUT
iShares MBS ETF
MBB
$39.2B
| $45.9M | 0.01% |
500,100
+349,800
| +233% | +$31.9M |
|
1035
Entegris
ENTG
$25B
| $45.9M | 0.01% |
338,872
+166,480
| +97% | +$22M |
|
1036
PUT
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.41B
| $45.9M | 0.01% |
314,000
+23,500
| +8% | +$3.1M |
|
|
EA
1037
CALL
DELISTED
Electronic Arts
EA
| $45.9M | 0.01% |
329,100
+78,000
| +31% | +$10.3M |
|
1038
CALL
Align Technology
ALGN
$12.5B
| $45.8M | 0.01% |
189,600
-92,800
| -33% | -$25.8M |
|
1039
CALL
CleanSpark
CLSK
$2.96B
| $45.8M | 0.01% |
2,868,800
-633,600
| -18% | -$10.6M |
|
1040
CALL
PPG Industries
PPG
$25.5B
| $45.7M | 0.01% |
363,200
-204,700
| -36% | -$27.1M |
|
1041
PUT
Arbor Realty Trust
ABR
$981M
| $45.7M | 0.01% |
3,183,800
+649,000
| +26% | +$8.68M |
|
1042
CALL
Fastenal
FAST
$58.9B
| $45.6M | 0.01% |
1,452,600
+386,000
| +36% | +$13M |
|
1043
PUT
Duolingo
DUOL
$6.74B
| $45.5M | 0.01% |
218,200
+11,300
| +5% | +$2.31M |
|
1044
CALL
PENN Entertainment
PENN
$2.53B
| $45.5M | 0.01% |
2,351,500
+380,400
| +19% | +$6.46M |
|
1045
Apollo Global Management
APO
$84.8B
| $45.4M | 0.01% |
384,864
+121,565
| +46% | +$13.8M |
|
1046
PUT
Etsy
ETSY
$7.4B
| $45.4M | 0.01% |
769,700
-595,800
| -44% | -$38.1M |
|
|
BNY
1047
CALL
Bank of New York Mellon
BNY
$110B
| $45.4M | 0.01% |
757,700
-69,700
| -8% | -$4.03M |
|
1048
PUT
Vanguard Morningstar Total Stock Market ETF
VTI
$696B
| $45.3M | 0.01% |
169,400
+15,200
| +10% | +$3.93M |
|
|
CMA
1049
PUT
DELISTED
Comerica
CMA
| $45.2M | 0.01% |
886,000
-302,400
| -25% | -$15.4M |
|
1050
CALL
C.H. Robinson
CHRW
$17.5B
| $45.2M | 0.01% |
512,400
+248,700
| +94% | +$19.9M |
|
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.