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 | |
|---|---|---|---|---|---|---|
9201
Pediatrix Medical
MD
$2.16B
| $329K | ﹤0.01% |
23,186
-13,286
| -36% | -$187K |
|
9202
PUT
Manulife Financial
MFC
$73.8B
| $329K | ﹤0.01% |
17,400
-10,100
| -37% | -$193K |
|
|
NSLR
9203
PUT
Neostellar Capital Corp
NSLR
$278M
| $329K | ﹤0.01% |
102,800
+4,200
| +4% | +$14.5K |
|
9204
CALL
State Street SPDR Portfolio Long Term Treasury ETF
SPTL
$10.7B
| $329K | ﹤0.01% |
11,000
-21,700
| -66% | -$655K |
|
|
LVOX
9205
CALL
DELISTED
LiveVox Holding, Inc. Class A Common Stock
LVOX
| $329K | ﹤0.01% |
119,600
+52,100
| +77% | +$145K |
|
9206
Infosys
INFY
$49B
| $329K | ﹤0.01% |
20,464
-40,211
| -66% | -$629K |
|
|
WCN
9207
PUT
Waste Connections
WCN
$41.8B
| $329K | ﹤0.01% |
2,300
-9,100
| -80% | -$1.27M |
|
9208
CALL
Aprea Therapeutics
APRE
$8.42M
| $329K | ﹤0.01% |
104,300
-6,000
| -5% | -$22.4K |
|
|
SBDS
9209
DELISTED
Solo Brands Inc
SBDS
| $328K | ﹤0.01% |
1,451
+973
| +204% | +$242K |
|
9210
Evolv Technologies
EVLV
$1.05B
| $328K | ﹤0.01% |
54,723
+15,662
| +40% | +$74.1K |
|
9211
BlackRock Income Trust
BKT
$337M
| $328K | ﹤0.01% |
26,979
+16,567
| +159% | +$206K |
|
|
ETWO
9212
DELISTED
E2open Parent Holdings
ETWO
| $327K | ﹤0.01% |
58,478
-26,543
| -31% | -$143K |
|
9213
CALL
Goosehead Insurance
GSHD
$2.35B
| $327K | ﹤0.01% |
5,200
-700
| -12% | -$40.3K |
|
|
CRESY
9214
PUT
Cresud
CRESY
$750M
| $327K | ﹤0.01% |
43,078
-12,399
| -22% | -$81K |
|
|
BZUN
9215
Baozun
BZUN
$165M
| $327K | ﹤0.01% |
81,944
-51,923
| -39% | -$232K |
|
9216
CALL
Bakkt Inc
BKKT
$345M
| $327K | ﹤0.01% |
10,632
+1,292
| +14% | +$45.2K |
|
|
JPT
9217
DELISTED
Nuveen Preferred and Income Fund
JPT
| $326K | ﹤0.01% |
+20,232
| New | +$322K |
|
9218
CALL
Global Partners
GLP
$1.72B
| $326K | ﹤0.01% |
+10,600
| New | +$323K |
|
9219
PUT
Weave Communications
WEAV
$437M
| $326K | ﹤0.01% |
29,300
-36,800
| -56% | -$246K |
|
|
NIU
9220
Niu Technologies
NIU
$163M
| $325K | ﹤0.01% |
81,777
-11,178
| -12% | -$43.2K |
|
|
BRY
9221
PUT
DELISTED
Berry Corp
BRY
| $325K | ﹤0.01% |
47,200
-5,300
| -10% | -$38.2K |
|
|
URG
9222
Ur-Energy
URG
$537M
| $325K | ﹤0.01% |
309,115
+142,952
| +86% | +$138K |
|
9223
CALL
Texas Capital Bancshares
TCBI
$4.39B
| $324K | ﹤0.01% |
6,300
-11,100
| -64% | -$553K |
|
9224
CALL
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $324K | ﹤0.01% |
+6,400
| New | +$335K |
|
9225
CALL
NetSol Technologies
NTWK
$48.3M
| $324K | ﹤0.01% |
137,400
+6,100
| +5% | +$14.3K |
|
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.