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 |
Amazon
AMZN
|
+$824M |
| 2 |
Invesco QQQ Trust
QQQ
|
+$459M |
| 3 |
Alphabet (Google) Class A
GOOGL
|
+$301M |
| 4 |
Warner Bros
WBD
|
+$287M |
| 5 |
Tesla
TSLA
|
+$230M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.88B |
| 2 |
AT&T
T
|
+$530M |
| 3 |
Meta Platforms (Facebook)
META
|
+$481M |
| 4 |
Workday
WDAY
|
+$462M |
| 5 |
Apple
AAPL
|
+$354M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 1.79% |
| 2 | Consumer Discretionary | 1.52% |
| 3 | Communication Services | 1.04% |
| 4 | Financials | 1.03% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2001
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $11.5M | ﹤0.01% |
1,140,000
-278,800
| -20% | -$3.12M |
|
2002
PUT
EPR Properties
EPR
$4.69B
| $11.5M | ﹤0.01% |
244,000
-28,000
| -10% | -$1.42M |
|
|
CLR
2003
CALL
DELISTED
CONTINENTAL RESOURCES INC.
CLR
| $11.4M | ﹤0.01% |
175,100
-202,700
| -54% | -$12.8M |
|
2004
CALL
Ralph Lauren
RL
$23.2B
| $11.4M | ﹤0.01% |
127,500
-205,000
| -62% | -$20.7M |
|
2005
Hecla Mining
HL
$12.3B
| $11.4M | ﹤0.01% |
2,915,222
+553,465
| +23% | +$2.88M |
|
2006
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $11.4M | ﹤0.01% |
386,640
+365,930
| +1,767% | +$11.8M |
|
2007
Aon
AON
$75.5B
| $11.4M | ﹤0.01% |
42,302
-58,391
| -58% | -$16.8M |
|
|
ABB
2008
CALL
DELISTED
ABB Ltd
ABB
| $11.4M | ﹤0.01% |
426,700
+60,600
| +17% | +$1.8M |
|
2009
CALL
Direxion Daily Technology Bull 3x ETF
TECL
$6.39B
| $11.4M | ﹤0.01% |
405,800
-719,300
| -64% | -$28.6M |
|
2010
CALL
Repligen
RGEN
$9.42B
| $11.4M | ﹤0.01% |
70,100
-35,000
| -33% | -$5.54M |
|
2011
NetEase
NTES
$80.1B
| $11.4M | ﹤0.01% |
122,108
-25,986
| -18% | -$2.47M |
|
2012
PUT
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $11.4M | ﹤0.01% |
242,200
+89,200
| +58% | +$5.37M |
|
2013
CALL
Guardant Health
GH
$21.1B
| $11.3M | ﹤0.01% |
280,700
+250,800
| +839% | +$12.4M |
|
2014
CALL
iShares S&P 500 Growth ETF
IVW
$77.6B
| $11.3M | ﹤0.01% |
187,600
+100,300
| +115% | +$6.64M |
|
2015
PUT
Lincoln National
LNC
$8.7B
| $11.3M | ﹤0.01% |
241,600
+37,200
| +18% | +$2.12M |
|
2016
Ormat Technologies
ORA
$7.06B
| $11.3M | ﹤0.01% |
144,160
-162,688
| -53% | -$12.8M |
|
2017
Akamai
AKAM
$18B
| $11.3M | ﹤0.01% |
123,624
+46,887
| +61% | +$4.89M |
|
2018
PUT
Williams Companies
WMB
$92B
| $11.3M | ﹤0.01% |
361,700
+82,100
| +29% | +$2.83M |
|
2019
VanEck Junior Gold Miners ETF
GDXJ
$8.49B
| $11.3M | ﹤0.01% |
352,715
+61,527
| +21% | +$2.54M |
|
2020
T. Rowe Price
TROW
$23.6B
| $11.3M | ﹤0.01% |
99,213
+7,838
| +9% | +$996K |
|
2021
Truist Financial
TFC
$64.9B
| $11.3M | ﹤0.01% |
237,544
-314,191
| -57% | -$15.5M |
|
2022
CALL
Opendoor
OPEN
$3.53B
| $11.3M | ﹤0.01% |
2,469,873
-1,474,050
| -37% | -$9.71M |
|
|
RDMX
2023
DELISTED
SPDR Bloomberg SASB Developed Markets Ex US ESG Select ETF
RDMX
| $11.2M | ﹤0.01% |
487,275
-6,365
| -1% | -$161K |
|
2024
PUT
Ollie's Bargain Outlet
OLLI
$4.62B
| $11.2M | ﹤0.01% |
191,400
+101,700
| +113% | +$5.14M |
|
2025
CALL
Thor Industries
THO
$4.11B
| $11.2M | ﹤0.01% |
150,400
+58,700
| +64% | +$4.55M |
|
Similar funds
Susquehanna International Group's Q2 2022 Portfolio in Review
As of Q2 2022, Susquehanna International Group held 14,668 positions worth $404B, down 30% from $578B the previous quarter. Its ten largest holdings account for 32% of the portfolio.
Susquehanna International Group withdrew a net $42.7B in Q2 2022, closing 1,897 positions and reducing 5,772 holdings. Its most notable exit was Discovery, Inc. Series C Common Stock, an estimated $176M position sold in full.
By sector, the portfolio is most concentrated in Technology at 1.8% of assets, down from 2.1% a quarter earlier, followed by Consumer Discretionary and Communication Services.
Against the trend, Susquehanna International Group opened a new position in iShares US Treasury Bond ETF worth $36.9M.
- Susquehanna International Group's largest Q2 2022 buy was iShares US Treasury Bond ETF: 1,544,259 shares worth $36.9M.
- Susquehanna International Group added most to Amazon in Q2 2022, an estimated $824M increase.
- Susquehanna International Group's biggest Q2 2022 reduction was State Street SPDR S&P 500 ETF Trust, cutting an estimated $1.88B.
- Susquehanna International Group fully exited Discovery, Inc. Series C Common Stock in Q2 2022, selling an estimated $176M.
- Susquehanna International Group's ten largest holdings make up 32% of its $404B portfolio in Q2 2022.
- Susquehanna International Group opened 1,801 new positions and closed 1,897 in Q2 2022.
- Susquehanna International Group's portfolio value fell 30% quarter-over-quarter to $404B.
Based on Susquehanna International Group's 13F filing for Q2 2022, filed 15 Aug 2022.