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 |
NVIDIA
NVDA
|
+$1.79B |
| 2 |
iShares 20+ Year Treasury Bond ETF
TLT
|
+$576M |
| 3 |
Microsoft
MSFT
|
+$546M |
| 4 |
iShares MSCI EAFE ETF
EFA
|
+$436M |
| 5 |
JPMorgan Chase
JPM
|
+$324M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
Invesco QQQ Trust
QQQ
|
+$2.48B |
| 2 |
State Street SPDR S&P 500 ETF Trust
SPY
|
+$1.73B |
| 3 |
iShares Russell 2000 ETF
IWM
|
+$765M |
| 4 |
Apple
AAPL
|
+$656M |
| 5 |
Berkshire Hathaway Class B
BRK.B
|
+$526M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 2.7% |
| 2 | Consumer Discretionary | 1.66% |
| 3 | Financials | 1.18% |
| 4 | Communication Services | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
4626
abrdn Physical Gold Shares ETF
SGOL
$7.47B
| $2.55M | ﹤0.01% |
+138,708
| New | +$2.63M |
|
4627
CALL
Brunswick
BC
$5.36B
| $2.55M | ﹤0.01% |
29,400
-5,900
| -17% | -$481K |
|
|
BCPC
4628
Balchem Corp
BCPC
$5.69B
| $2.55M | ﹤0.01% |
18,885
-7,548
| -29% | -$971K |
|
|
HBI
4629
CALL
DELISTED
Hanesbrands
HBI
| $2.54M | ﹤0.01% |
560,000
-357,100
| -39% | -$1.63M |
|
4630
Oppenheimer Holdings
OPY
$1.25B
| $2.54M | ﹤0.01% |
63,239
+35,667
| +129% | +$1.36M |
|
4631
Yext
YEXT
$594M
| $2.54M | ﹤0.01% |
224,486
-131,892
| -37% | -$1.25M |
|
|
CPRX
4632
DELISTED
Catalyst Pharmaceutical
CPRX
| $2.54M | ﹤0.01% |
188,674
-6,427
| -3% | -$92.5K |
|
4633
CALL
Associated Banc-Corp
ASB
$6.11B
| $2.53M | ﹤0.01% |
156,100
+35,000
| +29% | +$577K |
|
|
MRSN
4634
CALL
DELISTED
Mersana Therapeutics
MRSN
| $2.53M | ﹤0.01% |
30,800
+24,816
| +415% | +$3.63M |
|
4635
Sanmina
SANM
$11.3B
| $2.53M | ﹤0.01% |
42,029
+6,079
| +17% | +$333K |
|
4636
CALL
Energy Fuels
UUUU
$3.77B
| $2.53M | ﹤0.01% |
405,900
+281,800
| +227% | +$1.66M |
|
|
DAY
4637
DELISTED
Dayforce
DAY
| $2.53M | ﹤0.01% |
37,787
-38,630
| -51% | -$2.49M |
|
4638
BlackLine
BL
$1.77B
| $2.53M | ﹤0.01% |
47,018
-73,596
| -61% | -$4.09M |
|
4639
State Street SPDR Portfolio TIPS ETF
SPIP
$1.01B
| $2.53M | ﹤0.01% |
97,866
+38,713
| +65% | +$1.01M |
|
4640
Franklin Systematic Style Premia ETF
FLSP
$1.06B
| $2.53M | ﹤0.01% |
115,686
+84,825
| +275% | +$1.82M |
|
4641
Old National Bancorp
ONB
$10.4B
| $2.53M | ﹤0.01% |
181,251
-45,429
| -20% | -$604K |
|
4642
Semtech
SMTC
$13.1B
| $2.53M | ﹤0.01% |
99,193
-63,354
| -39% | -$1.37M |
|
|
FORG
4643
DELISTED
ForgeRock, Inc.
FORG
| $2.52M | ﹤0.01% |
122,800
-8,027
| -6% | -$161K |
|
4644
CALL
Offerpad Solutions
OPAD
$21.5M
| $2.52M | ﹤0.01% |
19,450
+18,167
| +1,416% | +$1.53M |
|
4645
DoubleVerify
DV
$2.04B
| $2.52M | ﹤0.01% |
64,739
+45,447
| +236% | +$1.47M |
|
4646
CALL
Trupanion
TRUP
$1.34B
| $2.52M | ﹤0.01% |
128,000
+47,000
| +58% | +$1.33M |
|
|
4647
CALL
BlackLine
BL
$1.77B
| $2.52M | ﹤0.01% |
46,800
+22,400
| +92% | +$1.24M |
|
4648
PUT
Guidewire Software
GWRE
$14.6B
| $2.52M | ﹤0.01% |
33,100
+25,500
| +336% | +$1.95M |
|
4649
CALL
Uranium Energy
UEC
$5.55B
| $2.52M | ﹤0.01% |
739,800
+435,300
| +143% | +$1.24M |
|
4650
PUT
Carter's
CRI
$1.42B
| $2.51M | ﹤0.01% |
34,600
+9,100
| +36% | +$615K |
|
Similar funds
Susquehanna International Group's Q2 2023 Portfolio in Review
As of Q2 2023, Susquehanna International Group held 13,811 positions worth $492B, up 4.6% from $470B the previous quarter. Its ten largest holdings account for 30% of the portfolio.
Susquehanna International Group withdrew a net $23.6B in Q2 2023, closing 1,867 positions and reducing 5,559 holdings. Its most notable exit was Vanguard Intermediate-Term Corporate Bond ETF, an estimated $45.5M position sold in full.
By sector, the portfolio is most concentrated in Technology at 2.7% of assets, up from 2.3% a quarter earlier, followed by Consumer Discretionary and Financials.
Against the trend, Susquehanna International Group opened a new position in State Street SPDR Portfolio Aggregate Bond ETF worth $32.9M.
- Susquehanna International Group's largest Q2 2023 buy was State Street SPDR Portfolio Aggregate Bond ETF: 1,297,445 shares worth $32.9M.
- Susquehanna International Group added most to NVIDIA in Q2 2023, an estimated $1.79B increase.
- Susquehanna International Group's biggest Q2 2023 reduction was Invesco QQQ Trust, cutting an estimated $2.48B.
- Susquehanna International Group fully exited Vanguard Intermediate-Term Corporate Bond ETF in Q2 2023, selling an estimated $45.5M.
- Susquehanna International Group's ten largest holdings make up 30% of its $492B portfolio in Q2 2023.
- Susquehanna International Group opened 1,370 new positions and closed 1,867 in Q2 2023.
- Susquehanna International Group's portfolio value rose 4.6% quarter-over-quarter to $492B.
Based on Susquehanna International Group's 13F filing for Q2 2023, filed 11 Aug 2023.