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 | 1.02% |
| 5 | Healthcare | 0.54% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
|
1
PUT
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $27.2B | 6.73% |
72,158,900
+11,572,500
| +19% | +$4.74B |
|
|
2
CALL
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $21B | 5.19% |
55,599,700
+7,344,300
| +15% | +$3.01B |
|
|
3
CALL
Tesla
TSLA
$1.21T
| $18.9B | 4.67% |
84,108,300
-10,172,700
| -11% | -$2.78B |
|
|
4
PUT
Tesla
TSLA
$1.21T
| $15.3B | 3.79% |
68,323,500
-19,925,100
| -23% | -$5.44B |
|
|
5
CALL
Amazon
AMZN
$2.48T
| $10.5B | 2.59% |
98,610,500
-47,619,500
| -33% | -$5.96B |
|
|
6
PUT
Amazon
AMZN
$2.48T
| $9.91B | 2.45% |
93,287,100
-56,372,900
| -38% | -$7.05B |
|
|
7
PUT
Invesco QQQ Trust
QQQ
$445B
| $8.37B | 2.07% |
29,869,800
-817,100
| -3% | -$254M |
|
|
8
CALL
Invesco QQQ Trust
QQQ
$445B
| $6.48B | 1.6% |
23,136,600
+768,800
| +3% | +$239M |
|
9
PUT
iShares Russell 2000 ETF
IWM
$80.4B
| $5.64B | 1.4% |
33,309,400
+10,530,200
| +46% | +$1.94B |
|
|
10
CALL
Alphabet (Google) Class A
GOOGL
$4.08T
| $5.53B | 1.37% |
50,752,000
-1,434,000
| -3% | -$169M |
|
|
11
State Street SPDR S&P 500 ETF Trust
SPY
$783B
| $5.09B | 1.26% |
13,481,425
-4,578,240
| -25% | -$1.88B |
|
|
12
PUT
Alphabet (Google) Class A
GOOGL
$4.08T
| $4.49B | 1.11% |
41,206,000
-1,874,000
| -4% | -$221M |
|
|
13
PUT
Alphabet (Google) Class C
GOOG
$4.07T
| $4.43B | 1.09% |
40,466,000
-5,966,000
| -13% | -$705M |
|
|
14
CALL
Apple
AAPL
$4.99T
| $3.7B | 0.91% |
27,041,600
-8,436,700
| -24% | -$1.28B |
|
|
15
CALL
Alphabet (Google) Class C
GOOG
$4.07T
| $3.45B | 0.85% |
31,548,000
-2,424,000
| -7% | -$286M |
|
|
16
PUT
Apple
AAPL
$4.99T
| $3.44B | 0.85% |
25,177,200
-6,766,700
| -21% | -$1.02B |
|
17
CALL
Microsoft
MSFT
$2.92T
| $3.03B | 0.75% |
11,798,800
-2,143,200
| -15% | -$582M |
|
|
18
CALL
Meta Platforms (Facebook)
META
$1.51T
| $2.56B | 0.63% |
15,860,600
-4,090,900
| -21% | -$789M |
|
|
19
PUT
Microsoft
MSFT
$2.92T
| $2.39B | 0.59% |
9,299,100
-2,629,600
| -22% | -$714M |
|
20
PUT
State Street Energy Select Sector SPDR ETF
XLE
$38.3B
| $2.38B | 0.59% |
66,629,200
+33,068,400
| +99% | +$1.33B |
|
|
21
CALL
iShares Russell 2000 ETF
IWM
$80.4B
| $2.14B | 0.53% |
12,664,200
+2,788,300
| +28% | +$514M |
|
22
PUT
NVIDIA
NVDA
$4.77T
| $1.87B | 0.46% |
123,329,000
-38,716,000
| -24% | -$731M |
|
|
23
iShares Russell 2000 ETF
IWM
$80.4B
| $1.85B | 0.46% |
10,935,890
+887,036
| +9% | +$164M |
|
24
CALL
iShares 20+ Year Treasury Bond ETF
TLT
$43.1B
| $1.76B | 0.43% |
15,293,200
+7,034,500
| +85% | +$828M |
|
25
PUT
iShares iBoxx $ High Yield Corporate Bond ETF
HYG
$15.9B
| $1.76B | 0.43% |
23,849,500
-517,800
| -2% | -$40.3M |
|
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 1,896 positions and reducing 5,774 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 1,896 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.