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 | |
|---|---|---|---|---|---|---|
1976
CALL
Gen Digital
GEN
$17B
| $15.6M | ﹤0.01% |
624,800
+188,100
| +43% | +$4.3M |
|
1977
Autodesk
ADSK
$53.1B
| $15.6M | ﹤0.01% |
63,063
-22,036
| -26% | -$4.95M |
|
1978
Edwards Lifesciences
EW
$52.8B
| $15.6M | ﹤0.01% |
168,774
-3,954
| -2% | -$350K |
|
1979
Realty Income
O
$59.4B
| $15.6M | ﹤0.01% |
295,141
-69,864
| -19% | -$3.73M |
|
|
ARCH
1980
PUT
DELISTED
Arch Resources, Inc.
ARCH
| $15.6M | ﹤0.01% |
102,400
-5,000
| -5% | -$803K |
|
1981
iShares Latin America 40 ETF
ILF
$3.71B
| $15.6M | ﹤0.01% |
629,334
+356,093
| +130% | +$9.63M |
|
1982
CALL
Fox Class A
FOXA
$29B
| $15.6M | ﹤0.01% |
453,000
-139,700
| -24% | -$4.56M |
|
|
CTRA
1983
DELISTED
Coterra Energy
CTRA
| $15.6M | ﹤0.01% |
583,338
+232,168
| +66% | +$6.44M |
|
1984
PUT
Innovative Industrial Properties
IIPR
$1.62B
| $15.6M | ﹤0.01% |
142,400
-74,300
| -34% | -$7.8M |
|
1985
AutoZone
AZO
$49.4B
| $15.5M | ﹤0.01% |
5,243
-2,265
| -30% | -$6.63M |
|
1986
PUT
iShares MSCI South Korea ETF
EWY
$27.8B
| $15.5M | ﹤0.01% |
234,600
-7,500
| -3% | -$483K |
|
1987
PUT
Lantheus
LNTH
$6.59B
| $15.5M | ﹤0.01% |
193,000
+19,300
| +11% | +$1.42M |
|
1988
PUT
Chord Energy
CHRD
$7.51B
| $15.5M | ﹤0.01% |
92,400
+54,500
| +144% | +$9.67M |
|
1989
CALL
TeraWulf
WULF
$8.67B
| $15.5M | ﹤0.01% |
3,478,400
+1,370,800
| +65% | +$3.7M |
|
1990
State Street SPDR FactSet Innovative Technology ETF
XITK
$73.4M
| $15.5M | ﹤0.01% |
105,570
+50,328
| +91% | +$7.18M |
|
|
SIX
1991
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $15.4M | ﹤0.01% |
465,100
+300,600
| +183% | +$7.91M |
|
1992
CALL
Cinemark Holdings
CNK
$4.33B
| $15.4M | ﹤0.01% |
711,400
+419,900
| +144% | +$7.62M |
|
1993
PUT
Diageo
DEO
$53.1B
| $15.4M | ﹤0.01% |
121,900
+43,900
| +56% | +$6.05M |
|
1994
CALL
Invesco Solar ETF
TAN
$1.36B
| $15.4M | ﹤0.01% |
381,800
-309,600
| -45% | -$13.5M |
|
1995
CALL
SBA Communications
SBAC
$19.6B
| $15.4M | ﹤0.01% |
78,200
-79,600
| -50% | -$15.7M |
|
1996
Snap
SNAP
$9.15B
| $15.4M | ﹤0.01% |
924,173
-1,003,760
| -52% | -$14.4M |
|
1997
FTAI Aviation
FTAI
$22.3B
| $15.3M | ﹤0.01% |
148,563
+1,151
| +0.8% | +$91.5K |
|
1998
CALL
DigitalBridge
DBRG
$2.94B
| $15.3M | ﹤0.01% |
1,117,700
-27,500
| -2% | -$414K |
|
1999
NextNav
NN
$3.36B
| $15.3M | ﹤0.01% |
1,886,260
-120,987
| -6% | -$955K |
|
2000
CALL
Huntington Bancshares
HBAN
$36.2B
| $15.3M | ﹤0.01% |
1,159,000
-271,500
| -19% | -$3.65M |
|
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.