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 | |
|---|---|---|---|---|---|---|
101
CALL
Goldman Sachs
GS
$302B
| $841M | 0.16% |
1,860,000
-318,100
| -15% | -$140M |
|
102
PUT
Arm
ARM
$290B
| $819M | 0.15% |
5,003,900
+1,513,900
| +43% | +$188M |
|
103
CALL
ServiceNow
NOW
$129B
| $802M | 0.15% |
5,100,500
+929,500
| +22% | +$136M |
|
104
CALL
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $793M | 0.15% |
17,405,800
+4,193,600
| +32% | +$195M |
|
105
CALL
Oracle
ORCL
$442B
| $790M | 0.15% |
5,594,300
-764,800
| -12% | -$95M |
|
|
106
PUT
ServiceNow
NOW
$129B
| $771M | 0.14% |
4,903,500
-301,000
| -6% | -$44.2M |
|
107
PUT
Alibaba
BABA
$300B
| $763M | 0.14% |
10,595,400
-2,780,000
| -21% | -$213M |
|
108
PUT
Intel
INTC
$509B
| $755M | 0.14% |
24,383,000
+2,617,400
| +12% | +$85.8M |
|
109
PUT
Lam Research
LRCX
$408B
| $746M | 0.14% |
7,010,000
-1,515,000
| -18% | -$145M |
|
110
PUT
Pfizer
PFE
$150B
| $745M | 0.14% |
26,632,700
-3,283,500
| -11% | -$90.4M |
|
111
CALL
ASML
ASML
$695B
| $721M | 0.13% |
704,500
-103,100
| -13% | -$99.1M |
|
112
CALL
Strategy Inc
MSTR
$37.3B
| $713M | 0.13% |
5,179,000
-1,028,000
| -17% | -$148M |
|
113
CALL
State Street SPDR Dow Jones Industrial Average ETF Trust
DIA
$48.2B
| $711M | 0.13% |
1,817,700
-1,092,600
| -38% | -$424M |
|
114
PUT
UnitedHealth
UNH
$364B
| $709M | 0.13% |
1,392,300
-297,500
| -18% | -$146M |
|
|
115
Super Micro Computer
SMCI
$24.3B
| $699M | 0.13% |
8,533,630
+5,088,140
| +148% | +$435M |
|
116
PUT
ExxonMobil
XOM
$657B
| $689M | 0.13% |
5,981,500
+277,200
| +5% | +$32.3M |
|
117
CALL
iShares Silver Trust
SLV
$31.8B
| $671M | 0.12% |
25,256,000
+10,490,700
| +71% | +$276M |
|
118
CALL
Procter & Gamble
PG
$335B
| $669M | 0.12% |
4,057,400
+507,600
| +14% | +$83M |
|
|
119
PUT
State Street Energy Select Sector SPDR ETF
XLE
$39.9B
| $668M | 0.12% |
14,667,200
-6,291,200
| -30% | -$293M |
|
120
PUT
Uber
UBER
$154B
| $668M | 0.12% |
9,191,300
-1,134,000
| -11% | -$78.8M |
|
121
CALL
PayPal
PYPL
$50.6B
| $666M | 0.12% |
11,482,300
-4,364,700
| -28% | -$278M |
|
|
122
Amazon
AMZN
$2.88T
| $664M | 0.12% |
3,436,600
-8,067,198
| -70% | -$1.48B |
|
123
CALL
VanEck Gold Miners ETF
GDX
$27.8B
| $660M | 0.12% |
19,443,500
+3,036,500
| +19% | +$104M |
|
|
124
CALL
Intel
INTC
$509B
| $658M | 0.12% |
21,248,900
+137,700
| +0.7% | +$4.51M |
|
125
PUT
Walt Disney
DIS
$178B
| $658M | 0.12% |
6,622,700
+91,000
| +1% | +$9.8M |
|
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.