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 | |
|---|---|---|---|---|---|---|
|
PVBC
6251
DELISTED
Provident Bancorp
PVBC
| $1.18M | ﹤0.01% |
142,731
-17,819
| -11% | -$134K |
|
|
NS
6252
PUT
DELISTED
NuStar Energy L.P.
NS
| $1.18M | ﹤0.01% |
68,900
-8,100
| -11% | -$132K |
|
|
HAPN
6253
PUT
Happen Inc
HAPN
$2.21B
| $1.18M | ﹤0.01% |
121,100
-204,300
| -63% | -$1.64M |
|
6254
CALL
MidCap Financial Investment
MFIC
$799M
| $1.18M | ﹤0.01% |
94,000
+39,000
| +71% | +$455K |
|
6255
CALL
Columbia Banking Systems
COLB
$9.15B
| $1.18M | ﹤0.01% |
58,200
+16,900
| +41% | +$357K |
|
6256
Adient
ADNT
$1.55B
| $1.18M | ﹤0.01% |
30,792
-12,606
| -29% | -$466K |
|
|
BTWN
6257
PUT
DELISTED
Bridgetown Holdings Limited Class A Ordinary Shares
BTWN
| $1.18M | ﹤0.01% |
114,800
-51,900
| -31% | -$526K |
|
6258
PUT
Schwab US Large- Cap ETF
SCHX
$74.5B
| $1.18M | ﹤0.01% |
67,500
+48,300
| +252% | +$797K |
|
|
SVC
6259
CALL
Service Properties Trust
SVC
$1.05B
| $1.18M | ﹤0.01% |
27,100
-5,400
| -17% | -$237K |
|
6260
CALL
Fortuna Silver Mines
FSM
$3.19B
| $1.18M | ﹤0.01% |
363,400
-223,300
| -38% | -$796K |
|
6261
Kodak
KODK
$976M
| $1.18M | ﹤0.01% |
254,816
-22,970
| -8% | -$96.9K |
|
6262
Invesco Russell 1000 Dynamic Multifactor ETF
OMFL
$4.85B
| $1.18M | ﹤0.01% |
24,024
-77,932
| -76% | -$3.69M |
|
6263
PUT
Alamos Gold
AGI
$14.2B
| $1.18M | ﹤0.01% |
98,700
+9,600
| +11% | +$122K |
|
|
SJT
6264
CALL
San Juan Basin Royalty Trust
SJT
$131M
| $1.18M | ﹤0.01% |
158,300
-197,500
| -56% | -$1.68M |
|
|
TPH
6265
DELISTED
Tri Pointe Homes
TPH
| $1.18M | ﹤0.01% |
35,793
-7,164
| -17% | -$210K |
|
6266
CALL
Exponent
EXPO
$3.15B
| $1.18M | ﹤0.01% |
+12,600
| New | +$1.19M |
|
6267
PUT
Trex
TREX
$4.97B
| $1.17M | ﹤0.01% |
17,900
+5,900
| +49% | +$329K |
|
6268
TriCo Bancshares
TCBK
$1.84B
| $1.17M | ﹤0.01% |
35,346
-5,438
| -13% | -$194K |
|
6269
Schwab US Mid-Cap ETF
SCHM
$15.4B
| $1.17M | ﹤0.01% |
+49,557
| New | +$1.12M |
|
6270
CALL
ABM Industries
ABM
$2.8B
| $1.17M | ﹤0.01% |
27,500
+7,000
| +34% | +$303K |
|
|
NVTA
6271
DELISTED
Invitae Corporation
NVTA
| $1.17M | ﹤0.01% |
1,037,537
+108,247
| +12% | +$136K |
|
6272
CALL
TMC The Metals Company
TMC
$1.66B
| $1.17M | ﹤0.01% |
718,400
+149,300
| +26% | +$135K |
|
6273
CALL
iShares US Basic Materials ETF
IYM
$1.02B
| $1.17M | ﹤0.01% |
8,800
-6,200
| -41% | -$799K |
|
6274
Spire
SR
$4.86B
| $1.17M | ﹤0.01% |
18,451
-4,376
| -19% | -$294K |
|
6275
CALL
Avnet
AVT
$8.09B
| $1.17M | ﹤0.01% |
23,200
-9,700
| -29% | -$427K |
|
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.