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 | |
|---|---|---|---|---|---|---|
1201
RH
RH
$3.41B
| $36.6M | 0.01% |
149,659
+128,607
| +611% | +$33.8M |
|
1202
PUT
AGNC Investment
AGNC
$13B
| $36.5M | 0.01% |
3,825,100
+2,519,900
| +193% | +$24.1M |
|
1203
CALL
Genuine Parts
GPC
$18.5B
| $36.3M | 0.01% |
262,400
+6,300
| +2% | +$940K |
|
1204
CALL
Tower Semiconductor
TSEM
$28.6B
| $36.2M | 0.01% |
922,000
-493,400
| -35% | -$17.5M |
|
1205
PUT
PPG Industries
PPG
$25.5B
| $36.2M | 0.01% |
287,800
-38,800
| -12% | -$5.14M |
|
1206
PUT
Axos Financial
AX
$5.68B
| $36.2M | 0.01% |
633,300
+297,300
| +88% | +$16.2M |
|
1207
Copart
CPRT
$26.8B
| $36.2M | 0.01% |
668,070
+294,072
| +79% | +$16.1M |
|
1208
PUT
Monster Beverage
MNST
$90.1B
| $36.1M | 0.01% |
1,444,800
+1,068,000
| +283% | +$28.3M |
|
1209
PUT
Vanguard Real Estate ETF
VNQ
$39.1B
| $36M | 0.01% |
430,000
+64,400
| +18% | +$5.32M |
|
1210
Upstart Holdings
UPST
$2.83B
| $36M | 0.01% |
1,526,681
+67,640
| +5% | +$1.63M |
|
1211
CALL
Welltower
WELL
$166B
| $36M | 0.01% |
345,100
+91,500
| +36% | +$8.97M |
|
1212
General Motors
GM
$75.8B
| $35.9M | 0.01% |
773,642
-754,421
| -49% | -$34.1M |
|
|
WCC
1213
PUT
WESCO International
WCC
$17.8B
| $35.9M | 0.01% |
226,700
-14,500
| -6% | -$2.47M |
|
1214
PUT
iShares MSCI Mexico ETF
EWW
$1.87B
| $35.9M | 0.01% |
634,400
+453,500
| +251% | +$29.1M |
|
1215
CALL
Western Alliance Bancorporation
WAL
$8.92B
| $35.7M | 0.01% |
567,500
-67,100
| -11% | -$4.06M |
|
1216
Southwest Airlines
LUV
$22B
| $35.6M | 0.01% |
1,245,097
+37,018
| +3% | +$1.03M |
|
1217
PUT
HP
HPQ
$28.6B
| $35.6M | 0.01% |
1,015,600
+36,900
| +4% | +$1.17M |
|
1218
CALL
Darden Restaurants
DRI
$25.9B
| $35.5M | 0.01% |
234,900
-239,400
| -50% | -$36.4M |
|
1219
CALL
BILL Holdings
BILL
$4.85B
| $35.4M | 0.01% |
672,100
-161,800
| -19% | -$9.16M |
|
1220
PUT
Under Armour
UAA
$2.3B
| $35.2M | 0.01% |
5,282,800
+2,844,900
| +117% | +$19.4M |
|
1221
PUT
Cintas
CTAS
$81.4B
| $35.2M | 0.01% |
200,800
-128,800
| -39% | -$22M |
|
1222
CALL
Matador Resources
MTDR
$6.5B
| $35.1M | 0.01% |
589,400
+182,100
| +45% | +$11.4M |
|
1223
Scorpio Tankers
STNG
$3.81B
| $35.1M | 0.01% |
431,594
-153,316
| -26% | -$11.7M |
|
1224
PUT
Steel Dynamics
STLD
$37.7B
| $35M | 0.01% |
270,400
-65,400
| -19% | -$8.73M |
|
1225
McKesson
MCK
$102B
| $34.9M | 0.01% |
59,837
-361
| -0.6% | -$201K |
|
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.