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 | |
|---|---|---|---|---|---|---|
9351
WisdomTree US SmallCap Dividend Fund
DES
$2.24B
| $304K | ﹤0.01% |
10,572
-41,783
| -80% | -$1.16M |
|
9352
ProShares UltraShort Financials
SKF
$10.4M
| $304K | ﹤0.01% |
+4,137
| New | +$327K |
|
9353
Scholar Rock
SRRK
$6.4B
| $304K | ﹤0.01% |
40,350
-283,215
| -88% | -$2.14M |
|
|
AIV
9354
CALL
Aimco
AIV
$383M
| $304K | ﹤0.01% |
35,700
-5,900
| -14% | -$48K |
|
9355
CALL
Daktronics
DAKT
$986M
| $304K | ﹤0.01% |
47,500
-27,300
| -36% | -$160K |
|
9356
CALL
Pangaea Logistics
PANL
$487M
| $304K | ﹤0.01% |
44,900
+6,500
| +17% | +$40.1K |
|
|
QQQN
9357
DELISTED
VictoryShares Nasdaq Next 50 ETF
QQQN
| $304K | ﹤0.01% |
+11,608
| New | +$291K |
|
|
DSKE
9358
DELISTED
Daseke, Inc. Common Stock
DSKE
| $304K | ﹤0.01% |
42,616
-68,141
| -62% | -$478K |
|
9359
CALL
Insmed
INSM
$27B
| $304K | ﹤0.01% |
14,400
+2,800
| +24% | +$53.1K |
|
|
AHRT
9360
AH Realty Trust
AHRT
$506M
| $304K | ﹤0.01% |
26,008
-28,038
| -52% | -$327K |
|
9361
First Trust Exchange-Traded Fund IV First Trust High Income Strategic Focus ETF
HISF
$99M
| $303K | ﹤0.01% |
6,881
+106
| +2% | +$4.71K |
|
9362
PUT
Crinetics Pharmaceuticals
CRNX
$8.99B
| $303K | ﹤0.01% |
+16,800
| New | +$335K |
|
9363
PUT
State Street SPDR S&P China ETF
GXC
$470M
| $302K | ﹤0.01% |
4,100
-1,100
| -21% | -$85.2K |
|
|
CRON
9364
Cronos Group
CRON
$1.16B
| $302K | ﹤0.01% |
153,477
-190,485
| -55% | -$349K |
|
9365
CALL
F&G Annuities & Life
FG
$3.59B
| $302K | ﹤0.01% |
+12,200
| New | +$239K |
|
9366
Bank First Corp
BFC
$1.75B
| $302K | ﹤0.01% |
3,633
-6,375
| -64% | -$477K |
|
9367
PUT
Cardlytics
CDLX
$24.9M
| $302K | ﹤0.01% |
4,780
+1,850
| +63% | +$112K |
|
9368
PUT
Center Bancorp
CNOB
$1.79B
| $302K | ﹤0.01% |
+18,200
| New | +$284K |
|
9369
PUT
Evolus
EOLS
$538M
| $302K | ﹤0.01% |
41,500
+30,300
| +271% | +$261K |
|
|
TWOU
9370
CALL
DELISTED
2U Inc
TWOU
| $301K | ﹤0.01% |
2,493
-3,954
| -61% | -$526K |
|
9371
The RMR Group
RMR
$346M
| $301K | ﹤0.01% |
13,010
-2,690
| -17% | -$62.8K |
|
9372
PUT
Gogo Inc
GOGO
$383M
| $301K | ﹤0.01% |
17,700
-94,300
| -84% | -$1.39M |
|
9373
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $301K | ﹤0.01% |
3,835
-33,074
| -90% | -$2.58M |
|
|
PNT
9374
DELISTED
POINT Biopharma Global Inc. Common Stock
PNT
| $301K | ﹤0.01% |
33,221
-78,955
| -70% | -$696K |
|
9375
Old Second Bancorp
OSBC
$1.32B
| $301K | ﹤0.01% |
23,028
-19,095
| -45% | -$243K |
|
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.