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 | |
|---|---|---|---|---|---|---|
4801
First Trust Large Cap Core AlphaDEX Fund
FEX
$1.64B
| $2.34M | ﹤0.01% |
27,899
-12,687
| -31% | -$1.02M |
|
4802
CALL
National Grid
NGG
$81.5B
| $2.34M | ﹤0.01% |
36,929
-19,101
| -34% | -$1.25M |
|
4803
Clear Secure
YOU
$4.68B
| $2.34M | ﹤0.01% |
101,041
-70,885
| -41% | -$1.75M |
|
4804
iShares Core US REIT ETF
USRT
$4.64B
| $2.34M | ﹤0.01% |
45,524
+28,076
| +161% | +$1.41M |
|
4805
Pacira BioSciences
PCRX
$917M
| $2.34M | ﹤0.01% |
58,349
-12,560
| -18% | -$519K |
|
|
CIR
4806
DELISTED
CIRCOR International, Inc
CIR
| $2.34M | ﹤0.01% |
41,417
+26,033
| +169% | +$912K |
|
4807
PUT
ProShares UltraPro Short Russell2000
SRTY
$65.3M
| $2.34M | ﹤0.01% |
14,425
-2,675
| -16% | -$515K |
|
4808
iShares Core S&P Mid-Cap ETF
IJH
$129B
| $2.34M | ﹤0.01% |
44,685
+20,865
| +88% | +$1.04M |
|
4809
Vanguard Morningstar Large-Cap ETF
VV
$54.8B
| $2.33M | ﹤0.01% |
11,506
+6,792
| +144% | +$1.3M |
|
4810
CALL
KraneShares Global Carbon Strategy ETF
KRBN
$132M
| $2.33M | ﹤0.01% |
61,500
+3,000
| +5% | +$116K |
|
4811
BondBloxx Bloomberg One Year Target Duration US Treasury ETF
XONE
$844M
| $2.33M | ﹤0.01% |
+46,912
| New | +$2.34M |
|
4812
PUT
PagerDuty
PD
$918M
| $2.33M | ﹤0.01% |
103,600
-28,000
| -21% | -$778K |
|
4813
Comfort Systems
FIX
$62.4B
| $2.33M | ﹤0.01% |
14,183
-2,782
| -16% | -$414K |
|
4814
Rush Enterprises Class A
RUSHA
$9.6B
| $2.33M | ﹤0.01% |
57,494
+15,897
| +38% | +$583K |
|
4815
CALL
Horizon Technology Finance
HRZN
$336M
| $2.33M | ﹤0.01% |
192,500
+80,800
| +72% | +$967K |
|
4816
iShares ESG MSCI USA Leaders ETF
SUSL
$1.22B
| $2.32M | ﹤0.01% |
30,028
+16,649
| +124% | +$1.22M |
|
4817
CALL
Amphastar Pharmaceuticals
AMPH
$889M
| $2.32M | ﹤0.01% |
40,400
-12,100
| -23% | -$536K |
|
4818
Arrow Dow Jones Global Yield ETF
GYLD
$37.9M
| $2.32M | ﹤0.01% |
187,460
+2,952
| +2% | +$37K |
|
4819
PUT
Invitation Homes
INVH
$18B
| $2.32M | ﹤0.01% |
67,400
-66,300
| -50% | -$2.22M |
|
4820
CALL
Flowserve
FLS
$10.3B
| $2.32M | ﹤0.01% |
62,400
-4,200
| -6% | -$146K |
|
4821
CALL
Revolve Group
RVLV
$1.68B
| $2.32M | ﹤0.01% |
141,300
+15,400
| +12% | +$287K |
|
4822
AllianzIM U.S. Equity Buffer20 Oct ETF
OCTW
$323M
| $2.32M | ﹤0.01% |
+76,136
| New | +$2.26M |
|
4823
Direxion Daily NYSE FANG+ Bull 2X ETF
FNGG
$140M
| $2.31M | ﹤0.01% |
29,893
-3,337
| -10% | -$199K |
|
4824
Fate Therapeutics
FATE
$308M
| $2.31M | ﹤0.01% |
485,358
-386,856
| -44% | -$2.14M |
|
4825
PUT
Kyndryl
KD
$2.87B
| $2.31M | ﹤0.01% |
173,900
-139,300
| -44% | -$1.89M |
|
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.