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 | |
|---|---|---|---|---|---|---|
6101
CALL
Treace Medical Concepts
TMCI
$293M
| $1.27M | ﹤0.01% |
49,500
-102,500
| -67% | -$2.65M |
|
6102
AAR Corp
AIR
$6.19B
| $1.27M | ﹤0.01% |
21,914
-8,811
| -29% | -$475K |
|
6103
ProFrac Holding
ACDC
$962M
| $1.26M | ﹤0.01% |
113,292
+33,492
| +42% | +$397K |
|
6104
CALL
iShares 5-10 Year Investment Grade Corporate Bond ETF
IGIB
$18.6B
| $1.26M | ﹤0.01% |
25,000
+10,000
| +67% | +$508K |
|
6105
CALL
Sensata Technologies
ST
$6.68B
| $1.26M | ﹤0.01% |
28,100
-3,300
| -11% | -$145K |
|
6106
CALL
abrdn Physical Gold Shares ETF
SGOL
$7.39B
| $1.26M | ﹤0.01% |
68,800
+29,700
| +76% | +$562K |
|
6107
Brookfield Infrastructure
BIPC
$4.86B
| $1.26M | ﹤0.01% |
27,722
-15,599
| -36% | -$708K |
|
6108
BNY Mellon US Mid Cap Core Equity ETF
BKMC
$676M
| $1.26M | ﹤0.01% |
44,775
+4,413
| +11% | +$118K |
|
6109
PUT
Harmony Biosciences
HRMY
$2.22B
| $1.26M | ﹤0.01% |
35,900
+15,600
| +77% | +$539K |
|
6110
ProShares Trust Short MSCI EAFE
EFZ
$10M
| $1.26M | ﹤0.01% |
35,129
+17,148
| +95% | +$624K |
|
6111
iHeartMedia
IHRT
$458M
| $1.26M | ﹤0.01% |
346,796
+228,702
| +194% | +$760K |
|
6112
Vanguard Russell 2000 Value ETF
VTWV
$1.37B
| $1.26M | ﹤0.01% |
10,202
-3,617
| -26% | -$430K |
|
6113
CALL
Arrow Electronics
ARW
$11.2B
| $1.26M | ﹤0.01% |
8,800
+1,600
| +22% | +$199K |
|
6114
PUT
Southwest Gas
SWX
$6.61B
| $1.26M | ﹤0.01% |
19,800
+3,900
| +25% | +$231K |
|
|
THS
6115
PUT
DELISTED
Treehouse Foods
THS
| $1.26M | ﹤0.01% |
25,000
+6,400
| +34% | +$328K |
|
6116
CALL
SkinHealth Systems
SKIN
$78.1M
| $1.26M | ﹤0.01% |
150,400
-273,400
| -65% | -$2.84M |
|
|
TELL
6117
PUT
DELISTED
Tellurian Inc.
TELL
| $1.26M | ﹤0.01% |
892,700
+390,200
| +78% | +$525K |
|
6118
Vanguard Ultra-Short Bond ETF
VUSB
$9.34B
| $1.26M | ﹤0.01% |
25,598
-152,401
| -86% | -$7.49M |
|
6119
PUT
Franklin Resources
BEN
$17.4B
| $1.26M | ﹤0.01% |
47,100
-51,400
| -52% | -$1.33M |
|
6120
PUT
Kilroy Realty
KRC
$4.19B
| $1.26M | ﹤0.01% |
41,800
-30,100
| -42% | -$877K |
|
6121
PUT
Pilgrim's Pride
PPC
$6.85B
| $1.26M | ﹤0.01% |
58,500
+4,500
| +8% | +$101K |
|
|
LUCK
6122
PUT
Lucky Strike Entertainment
LUCK
$914M
| $1.26M | ﹤0.01% |
108,000
+18,400
| +21% | +$245K |
|
6123
PUT
Emcor
EME
$38B
| $1.26M | ﹤0.01% |
6,800
+4,800
| +240% | +$803K |
|
6124
PUT
Eldorado Gold
EGO
$10.5B
| $1.26M | ﹤0.01% |
124,400
+5,400
| +5% | +$57.2K |
|
6125
ONE Gas
OGS
$5.03B
| $1.25M | ﹤0.01% |
16,333
-14,481
| -47% | -$1.16M |
|
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.