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 | |
|---|---|---|---|---|---|---|
4751
CALL
Timken Company
TKR
$9.25B
| $2.39M | ﹤0.01% |
26,100
+5,200
| +25% | +$410K |
|
4752
CALL
PetMed Express
PETS
$39.5M
| $2.39M | ﹤0.01% |
173,100
-4,500
| -3% | -$67.6K |
|
|
KYNB
4753
CALL
Kyntra Bio
KYNB
$28.5M
| $2.39M | ﹤0.01% |
35,356
+28,140
| +390% | +$11.6M |
|
4754
PUT
Clean Harbors
CLH
$17B
| $2.38M | ﹤0.01% |
14,500
+6,200
| +75% | +$906K |
|
4755
CALL
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $2.38M | ﹤0.01% |
22,300
+18,300
| +458% | +$1.85M |
|
|
VRN
4756
CALL
DELISTED
Veren
VRN
| $2.38M | ﹤0.01% |
354,100
+38,000
| +12% | +$265K |
|
4757
Bank OZK
OZK
$5.72B
| $2.38M | ﹤0.01% |
59,318
+30,659
| +107% | +$1.1M |
|
|
CALY
4758
CALL
Callaway Golf Company
CALY
$2.94B
| $2.38M | ﹤0.01% |
120,000
-24,700
| -17% | -$494K |
|
4759
Geron
GERN
$943M
| $2.38M | ﹤0.01% |
741,320
-499,994
| -40% | -$1.42M |
|
4760
CALL
Casella Waste Systems
CWST
$5.77B
| $2.38M | ﹤0.01% |
26,300
+12,300
| +88% | +$1.1M |
|
4761
PUT
Smith & Wesson
SWBI
$643M
| $2.38M | ﹤0.01% |
182,400
+50,300
| +38% | +$613K |
|
|
ICPT
4762
CALL
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.38M | ﹤0.01% |
215,000
-20,600
| -9% | -$287K |
|
4763
Ryder
R
$10.1B
| $2.38M | ﹤0.01% |
28,042
+7,603
| +37% | +$626K |
|
4764
VanEck Agribusiness ETF
MOO
$976M
| $2.38M | ﹤0.01% |
29,086
+3,215
| +12% | +$266K |
|
4765
CALL
Invesco S&P 500 High Dividend Low Volatility ETF
SPHD
$3.44B
| $2.37M | ﹤0.01% |
57,400
-39,100
| -41% | -$1.61M |
|
4766
CALL
Acadia Pharmaceuticals
ACAD
$4.87B
| $2.37M | ﹤0.01% |
99,100
+3,700
| +4% | +$82.2K |
|
4767
iShares Morningstar Mid-Cap Value ETF
IMCV
$1.18B
| $2.37M | ﹤0.01% |
37,251
+23,900
| +179% | +$1.47M |
|
4768
Vail Resorts
MTN
$5.28B
| $2.37M | ﹤0.01% |
9,425
+3,754
| +66% | +$915K |
|
4769
State Street SPDR S&P 400 Mid Cap Growth ETF
MDYG
$2.98B
| $2.37M | ﹤0.01% |
33,115
+15,708
| +90% | +$1.07M |
|
|
NVEI
4770
PUT
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $2.37M | ﹤0.01% |
80,200
+54,800
| +216% | +$1.93M |
|
4771
Ezcorp Inc
EZPW
$1.81B
| $2.37M | ﹤0.01% |
282,861
+175,666
| +164% | +$1.52M |
|
4772
PUT
Cars.com
CARS
$663M
| $2.37M | ﹤0.01% |
119,500
-117,300
| -50% | -$2.21M |
|
|
HYLD
4773
DELISTED
High Yield ETF
HYLD
| $2.37M | ﹤0.01% |
92,869
+60,830
| +190% | +$1.58M |
|
4774
CALL
Cal-Maine
CALM
$3.8B
| $2.37M | ﹤0.01% |
52,600
-87,700
| -63% | -$4.36M |
|
4775
PUT
Gen Digital
GEN
$17B
| $2.37M | ﹤0.01% |
127,600
+23,500
| +23% | +$411K |
|
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.