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 | |
|---|---|---|---|---|---|---|
6051
CALL
CMS Energy
CMS
$22.4B
| $1.29M | ﹤0.01% |
22,000
-2,900
| -12% | -$175K |
|
6052
CALL
BOK Financial
BOKF
$8.85B
| $1.29M | ﹤0.01% |
16,000
+13,600
| +567% | +$1.12M |
|
6053
iShares Morningstar Mid-Cap Growth ETF
IMCG
$4.19B
| $1.29M | ﹤0.01% |
21,206
+7,167
| +51% | +$411K |
|
6054
Tenaris
TS
$27B
| $1.29M | ﹤0.01% |
43,126
+473
| +1% | +$13.1K |
|
6055
CALL
Pitney Bowes
PBI
$2.19B
| $1.29M | ﹤0.01% |
364,800
-77,100
| -17% | -$267K |
|
6056
PUT
Liberty Broadband Class C
LBRDK
$4.88B
| $1.29M | ﹤0.01% |
16,100
+12,100
| +303% | +$936K |
|
|
NS
6057
CALL
DELISTED
NuStar Energy L.P.
NS
| $1.29M | ﹤0.01% |
75,200
-18,000
| -19% | -$294K |
|
6058
CALL
Weibo
WB
$1.86B
| $1.29M | ﹤0.01% |
98,300
-23,200
| -19% | -$368K |
|
|
CIRC
6059
DELISTED
JPMorgan Sustainable Consumption ETF
CIRC
| $1.29M | ﹤0.01% |
24,207
-556
| -2% | -$28.6K |
|
|
EH
6060
CALL
EHang Holdings
EH
$435M
| $1.29M | ﹤0.01% |
+84,900
| New | +$983K |
|
|
GLOP
6061
DELISTED
GASLOG PARTNERS LP
GLOP
| $1.29M | ﹤0.01% |
149,302
+73,279
| +96% | +$624K |
|
6062
Enerpac Tool Group
EPAC
$1.89B
| $1.29M | ﹤0.01% |
47,644
+20,632
| +76% | +$524K |
|
6063
CALL
ITT
ITT
$19.6B
| $1.29M | ﹤0.01% |
13,800
-62,800
| -82% | -$5.27M |
|
6064
PUT
Accel Entertainment
ACEL
$986M
| $1.29M | ﹤0.01% |
121,800
+19,700
| +19% | +$185K |
|
6065
Quanterix
QTRX
$139M
| $1.29M | ﹤0.01% |
57,011
+25,428
| +81% | +$453K |
|
6066
CALL
Interparfums
IPAR
$3.57B
| $1.28M | ﹤0.01% |
9,500
+6,300
| +197% | +$882K |
|
6067
CALL
BigBear.ai
BBAI
$1.54B
| $1.28M | ﹤0.01% |
546,000
-720,600
| -57% | -$1.83M |
|
6068
PUT
ProShares UltraShort QQQ
QID
$246M
| $1.28M | ﹤0.01% |
19,400
-51,980
| -73% | -$4.21M |
|
|
ICPT
6069
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $1.28M | ﹤0.01% |
115,943
-104,852
| -47% | -$1.46M |
|
6070
Unum
UNM
$14.5B
| $1.28M | ﹤0.01% |
26,881
+15,513
| +136% | +$677K |
|
|
UCTT
6071
Ultra Clean Holdings
UCTT
$3.96B
| $1.28M | ﹤0.01% |
33,334
-20,479
| -38% | -$659K |
|
6072
PUT
Ameresco
AMRC
$1.51B
| $1.28M | ﹤0.01% |
+26,300
| New | +$1.18M |
|
6073
CALL
Malibu Boats
MBUU
$579M
| $1.28M | ﹤0.01% |
21,800
+12,700
| +140% | +$713K |
|
6074
Pacer US Cash Cows Growth ETF
BUL
$137M
| $1.28M | ﹤0.01% |
37,108
+4,578
| +14% | +$157K |
|
|
TBCH
6075
CALL
Turtle Beach Corp
TBCH
$220M
| $1.28M | ﹤0.01% |
109,700
-54,700
| -33% | -$610K |
|
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.