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 | |
|---|---|---|---|---|---|---|
7951
Vita Coco
COCO
$3.79B
| $569K | ﹤0.01% |
21,178
-3,766
| -15% | -$91.7K |
|
7952
Greif
GEF
$4.99B
| $569K | ﹤0.01% |
8,257
-2,204
| -21% | -$142K |
|
7953
Innovator US Equity Buffer ETF January
BJAN
$349M
| $569K | ﹤0.01% |
15,076
+2,222
| +17% | +$79.9K |
|
7954
Ocugen
OCGN
$458M
| $569K | ﹤0.01% |
1,047,001
-1,373,928
| -57% | -$881K |
|
|
BBT
7955
Beacon Financial Corp
BBT
$2.71B
| $568K | ﹤0.01% |
27,423
-7,178
| -21% | -$155K |
|
|
RWLC
7956
Rayliant NxtGen Multifactor US Equity ETF
RWLC
$102M
| $568K | ﹤0.01% |
23,879
| – | – |
|
7957
PUT
John Wiley & Sons Class A
WLY
$2.59B
| $568K | ﹤0.01% |
16,700
+10,100
| +153% | +$368K |
|
7958
PUT
US Commodity Index
USCI
$381M
| $568K | ﹤0.01% |
+10,600
| New | +$574K |
|
7959
CALL
TETRA Technologies
TTI
$1.25B
| $568K | ﹤0.01% |
+168,100
| New | +$486K |
|
7960
DoubleLine Opportunistic Bond ETF
DBND
$755M
| $568K | ﹤0.01% |
+12,303
| New | +$571K |
|
7961
ProShares Short High Yield
SJB
$47.7M
| $568K | ﹤0.01% |
31,011
-54,622
| -64% | -$1.01M |
|
|
ALEX
7962
DELISTED
Alexander & Baldwin
ALEX
| $568K | ﹤0.01% |
30,556
-10,171
| -25% | -$190K |
|
7963
Forestar Group
FOR
$1.49B
| $567K | ﹤0.01% |
25,155
+11,144
| +80% | +$214K |
|
7964
CALL
Integer Holdings
ITGR
$4.25B
| $567K | ﹤0.01% |
6,400
-17,800
| -74% | -$1.46M |
|
7965
CALL
Cactus
WHD
$5.88B
| $567K | ﹤0.01% |
13,400
+1,900
| +17% | +$74.1K |
|
7966
PUT
Warby Parker
WRBY
$3.18B
| $567K | ﹤0.01% |
48,500
-9,600
| -17% | -$109K |
|
7967
PUT
Pegasystems
PEGA
$5.19B
| $567K | ﹤0.01% |
23,000
-12,000
| -34% | -$279K |
|
|
NVRO
7968
CALL
DELISTED
NEVRO CORP.
NVRO
| $567K | ﹤0.01% |
22,300
-14,200
| -39% | -$410K |
|
7969
PUT
iShares Core MSCI Emerging Markets ETF
IEMG
$161B
| $567K | ﹤0.01% |
11,500
-417,400
| -97% | -$20.4M |
|
7970
PUT
Ryman Hospitality Properties
RHP
$7.79B
| $567K | ﹤0.01% |
6,100
-1,000
| -14% | -$92.2K |
|
7971
First Trust Materials AlphaDEX Fund
FXZ
$398M
| $566K | ﹤0.01% |
8,822
-8,052
| -48% | -$502K |
|
7972
National Grid
NGG
$81.2B
| $566K | ﹤0.01% |
+8,925
| New | +$585K |
|
|
PMT
7973
PennyMac Mortgage Investment
PMT
$840M
| $566K | ﹤0.01% |
41,997
-28,231
| -40% | -$345K |
|
7974
CALL
ProShares Ultra Energy
DIG
$83.9M
| $566K | ﹤0.01% |
16,000
-33,300
| -68% | -$1.19M |
|
7975
Kaiser Aluminum
KALU
$3.03B
| $566K | ﹤0.01% |
7,901
-371
| -4% | -$24.5K |
|
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.