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 | |
|---|---|---|---|---|---|---|
7701
iRadimed
IRMD
$1.13B
| $635K | ﹤0.01% |
13,303
+6,819
| +105% | +$308K |
|
7702
SSR Mining
SSRM
$6.68B
| $635K | ﹤0.01% |
44,785
-111,692
| -71% | -$1.69M |
|
|
INST
7703
DELISTED
Instructure Holdings, Inc.
INST
| $635K | ﹤0.01% |
25,238
+12,878
| +104% | +$323K |
|
7704
Alpha Architect US Quantitative Momentum ETF
QMOM
$458M
| $634K | ﹤0.01% |
13,656
+8,869
| +185% | +$395K |
|
7705
Chefs' Warehouse
CHEF
$4.51B
| $634K | ﹤0.01% |
17,732
-23,213
| -57% | -$769K |
|
7706
PUT
Greif
GEF
$4.97B
| $634K | ﹤0.01% |
9,200
+1,800
| +24% | +$116K |
|
7707
PUT
Vanguard Tax-Exempt Bond Index Fund
VTEB
$45.8B
| $633K | ﹤0.01% |
12,600
+100
| +0.8% | +$5.02K |
|
7708
PUT
ROBO Global Robotics & Automation Index ETF
ROBO
$2.14B
| $632K | ﹤0.01% |
10,800
-4,600
| -30% | -$253K |
|
7709
Altimmune
ALT
$584M
| $632K | ﹤0.01% |
179,018
-617,704
| -78% | -$2.77M |
|
7710
Agios Pharmaceuticals
AGIO
$2.01B
| $632K | ﹤0.01% |
22,309
-97,589
| -81% | -$2.43M |
|
7711
CALL
Sixth Street Specialty
TSLX
$1.75B
| $632K | ﹤0.01% |
33,800
-5,700
| -14% | -$104K |
|
7712
Direxion Daily Robotics Artificial Intelligence & Automation Index Bull 2X ETF
UBOT
$27.2M
| $631K | ﹤0.01% |
28,089
+16,068
| +134% | +$311K |
|
7713
Patrick Industries
PATK
$2.72B
| $631K | ﹤0.01% |
11,834
-29,919
| -72% | -$1.41M |
|
7714
CALL
Taboola.com
TBLA
$1.05B
| $631K | ﹤0.01% |
202,900
-1,700
| -0.8% | -$4.66K |
|
7715
Global X MSCI Vietnam ETF
VNAM
$34.3M
| $631K | ﹤0.01% |
+37,995
| New | +$602K |
|
7716
Carlyle Group
CG
$17.3B
| $630K | ﹤0.01% |
19,729
-242,684
| -92% | -$7.09M |
|
7717
CALL
Kennametal
KMT
$2.42B
| $630K | ﹤0.01% |
22,200
-6,700
| -23% | -$180K |
|
|
ACH
7718
PUT
Accendra Health
ACH
$82.3M
| $630K | ﹤0.01% |
33,100
-8,500
| -20% | -$152K |
|
7719
PUT
Recursion Pharmaceuticals
RXRX
$1.67B
| $630K | ﹤0.01% |
84,300
+52,100
| +162% | +$365K |
|
7720
CALL
Pilgrim's Pride
PPC
$6.85B
| $630K | ﹤0.01% |
29,300
+500
| +2% | +$11.3K |
|
|
LTCH
7721
DELISTED
Latch, Inc. Common Stock
LTCH
| $629K | ﹤0.01% |
452,806
+400,311
| +763% | +$374K |
|
7722
Deluxe
DLX
$1.11B
| $629K | ﹤0.01% |
35,961
-1,124
| -3% | -$17.6K |
|
|
ENLC
7723
PUT
DELISTED
ENLINK MIDSTREAM, LLC
ENLC
| $629K | ﹤0.01% |
59,300
+20,100
| +51% | +$200K |
|
7724
Universal Electronics
UEIC
$66M
| $628K | ﹤0.01% |
65,318
-38,228
| -37% | -$354K |
|
7725
iShares MSCI China A ETF
CNYA
$231M
| $628K | ﹤0.01% |
21,533
+11,224
| +109% | +$349K |
|
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.