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 | |
|---|---|---|---|---|---|---|
7776
CALL
United Microelectronic
UMC
$49B
| $616K | ﹤0.01% |
78,100
-558,300
| -88% | -$4.6M |
|
7777
SIGA Technologies
SIGA
$211M
| $615K | ﹤0.01% |
121,760
+47,495
| +64% | +$270K |
|
7778
Invesco Zacks Multi-Asset Income ETF
CVY
$124M
| $615K | ﹤0.01% |
28,703
+11,896
| +71% | +$251K |
|
7779
Open Text
OTEX
$5.79B
| $614K | ﹤0.01% |
14,781
+3,037
| +26% | +$122K |
|
|
RIDE
7780
PUT
DELISTED
Lordstown Motors Corp. Class A Common Stock
RIDE
| $614K | ﹤0.01% |
288,300
+286,620
| +17,061% | +$1.5M |
|
7781
Lyell Immunopharma
LYEL
$332M
| $614K | ﹤0.01% |
9,655
-1,341
| -12% | -$74.2K |
|
7782
IMAX
IMAX
$2.87B
| $614K | ﹤0.01% |
36,140
+13,854
| +62% | +$263K |
|
7783
VirTra
VTSI
$35.2M
| $614K | ﹤0.01% |
80,626
+39,850
| +98% | +$266K |
|
7784
PUT
Cytokinetics
CYTK
$10.5B
| $613K | ﹤0.01% |
18,800
-12,400
| -40% | -$459K |
|
7785
CRA International
CRAI
$1.03B
| $613K | ﹤0.01% |
6,011
-4,361
| -42% | -$439K |
|
7786
PUT
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.8B
| $613K | ﹤0.01% |
20,500
+13,400
| +189% | +$405K |
|
7787
VanEck Steel ETF
SLX
$177M
| $613K | ﹤0.01% |
9,583
-1,332
| -12% | -$80.9K |
|
7788
Americold
COLD
$4.14B
| $613K | ﹤0.01% |
+18,974
| New | +$565K |
|
7789
State Street SPDR S&P International Small Cap ETF
GWX
$931M
| $613K | ﹤0.01% |
+20,086
| New | +$622K |
|
7790
CALL
LendingTree
TREE
$440M
| $612K | ﹤0.01% |
27,700
+14,900
| +116% | +$318K |
|
7791
Toyota
TM
$224B
| $612K | ﹤0.01% |
3,809
+1,070
| +39% | +$154K |
|
|
APRD
7792
DELISTED
Innovator Premium Income 10 Barrier ETF - April
APRD
| $612K | ﹤0.01% |
+24,582
| New | +$611K |
|
|
OTLY
7793
CALL
Oatly Group
OTLY
$436M
| $612K | ﹤0.01% |
14,930
+6,595
| +79% | +$270K |
|
7794
CALL
ALPS Medical Breakthroughs ETF
SBIO
$224M
| $612K | ﹤0.01% |
+19,400
| New | +$603K |
|
|
NSTG
7795
PUT
DELISTED
NanoString Technologies, Inc.
NSTG
| $612K | ﹤0.01% |
151,100
+59,100
| +64% | +$436K |
|
|
PLYA
7796
DELISTED
Playa Hotels & Resorts
PLYA
| $612K | ﹤0.01% |
75,172
+63,903
| +567% | +$580K |
|
|
RWT
7797
PUT
Redwood Trust
RWT
$603M
| $612K | ﹤0.01% |
96,000
+42,300
| +79% | +$264K |
|
|
OSG
7798
CALL
Octave Specialty Group
OSG
$208M
| $611K | ﹤0.01% |
42,900
-115,500
| -73% | -$1.69M |
|
|
EGIO
7799
DELISTED
Edgio, Inc. Common Stock
EGIO
| $609K | ﹤0.01% |
22,598
+12,757
| +130% | +$301K |
|
7800
PUT
Patria Investments
PAX
$1.84B
| $609K | ﹤0.01% |
42,600
+15,400
| +57% | +$229K |
|
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.