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 | |
|---|---|---|---|---|---|---|
2051
CALL
Shake Shack
SHAK
$3.02B
| $14.5M | ﹤0.01% |
161,100
-159,800
| -50% | -$15.6M |
|
|
ECHO
2052
PUT
EchoStar
ECHO
$26.7B
| $14.5M | ﹤0.01% |
812,300
-498,200
| -38% | -$8.26M |
|
2053
PUT
iShares Global Clean Energy ETF
ICLN
$2.09B
| $14.4M | ﹤0.01% |
1,084,100
+465,800
| +75% | +$6.52M |
|
2054
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $14.4M | ﹤0.01% |
94,700
+50,900
| +116% | +$7.78M |
|
2055
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $14.4M | ﹤0.01% |
295,500
+195,700
| +196% | +$9.57M |
|
2056
Williams Companies
WMB
$92B
| $14.4M | ﹤0.01% |
338,533
-154,547
| -31% | -$6.2M |
|
|
EA
2057
DELISTED
Electronic Arts
EA
| $14.4M | ﹤0.01% |
103,242
-3,872
| -4% | -$510K |
|
|
2058
PUT
Shake Shack
SHAK
$3.02B
| $14.4M | ﹤0.01% |
159,800
-55,800
| -26% | -$5.44M |
|
2059
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $14.4M | ﹤0.01% |
179,792
-8,432
| -4% | -$669K |
|
2060
Affirm
AFRM
$26.2B
| $14.4M | ﹤0.01% |
475,366
-217,859
| -31% | -$6.99M |
|
2061
Kroger
KR
$34.7B
| $14.3M | ﹤0.01% |
287,381
-101,998
| -26% | -$5.49M |
|
2062
CALL
Nasdaq
NDAQ
$54.2B
| $14.3M | ﹤0.01% |
237,200
-92,100
| -28% | -$5.58M |
|
2063
CALL
Bath & Body Works
BBWI
$3.91B
| $14.3M | ﹤0.01% |
366,000
+87,300
| +31% | +$4.01M |
|
2064
PUT
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $14.3M | ﹤0.01% |
383,400
-126,600
| -25% | -$4.99M |
|
|
WRK
2065
CALL
DELISTED
WestRock Company
WRK
| $14.3M | ﹤0.01% |
284,100
+27,800
| +11% | +$1.4M |
|
2066
CALL
Boston Properties
BXP
$10.9B
| $14.3M | ﹤0.01% |
231,600
-180,300
| -44% | -$11M |
|
2067
FMC
FMC
$1.27B
| $14.2M | ﹤0.01% |
247,587
+46,489
| +23% | +$2.78M |
|
2068
PUT
Emerson Electric
EMR
$91B
| $14.2M | ﹤0.01% |
129,000
-120,500
| -48% | -$13.3M |
|
2069
Paychex
PAYX
$43.4B
| $14.2M | ﹤0.01% |
119,636
-67,815
| -36% | -$8.29M |
|
|
SGI
2070
PUT
Somnigroup International
SGI
$13.9B
| $14.2M | ﹤0.01% |
299,300
+28,800
| +11% | +$1.46M |
|
|
ITCI
2071
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $14.2M | ﹤0.01% |
206,704
+158,530
| +329% | +$11M |
|
2072
CALL
VeriSign
VRSN
$25.7B
| $14.2M | ﹤0.01% |
79,600
-22,600
| -22% | -$4.03M |
|
2073
PUT
Qorvo
QRVO
$8.66B
| $14.1M | ﹤0.01% |
121,900
+33,600
| +38% | +$3.58M |
|
2074
Quanta Services
PWR
$103B
| $14.1M | ﹤0.01% |
55,611
+24,330
| +78% | +$6.45M |
|
2075
CALL
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $14.1M | ﹤0.01% |
68,800
+200
| +0.3% | +$40.1K |
|
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.