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 | |
|---|---|---|---|---|---|---|
|
JMIA
9451
CALL
Jumia Technologies
JMIA
$772M
| $291K | ﹤0.01% |
85,200
-446,000
| -84% | -$1.37M |
|
|
CTO
9452
CTO Realty Growth
CTO
$825M
| $291K | ﹤0.01% |
16,975
-23,497
| -58% | -$388K |
|
9453
PUT
First American
FAF
$7.54B
| $291K | ﹤0.01% |
+5,100
| New | +$288K |
|
|
AAIC
9454
CALL
DELISTED
Arlington Asset Investment Corp.
AAIC
| $291K | ﹤0.01% |
+62,800
| New | +$205K |
|
|
RYZ
9455
PUT
Ryerson Holding Corp
RYZ
$1.5B
| $291K | ﹤0.01% |
6,700
-33,100
| -83% | -$1.23M |
|
9456
PUT
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $291K | ﹤0.01% |
2,100
-4,500
| -68% | -$600K |
|
9457
PUT
Wintrust Financial
WTFC
$11B
| $290K | ﹤0.01% |
4,000
-27,100
| -87% | -$1.85M |
|
|
MAMB
9458
Monarch Ambassador Income Index ETF
MAMB
$195M
| $290K | ﹤0.01% |
13,188
+57
| +0.4% | +$1.27K |
|
9459
Meridian
MRBK
$240M
| $290K | ﹤0.01% |
29,610
-21,587
| -42% | -$218K |
|
9460
PUT
RXO
RXO
$3.88B
| $290K | ﹤0.01% |
+12,800
| New | +$258K |
|
9461
CALL
Amneal Pharmaceuticals
AMRX
$6.32B
| $290K | ﹤0.01% |
93,600
+73,200
| +359% | +$156K |
|
9462
Verastem
VSTM
$596M
| $290K | ﹤0.01% |
38,994
+37,460
| +2,442% | +$260K |
|
9463
PUT
Perma-Fix Environmental Services
PESI
$369M
| $290K | ﹤0.01% |
26,400
-3,300
| -11% | -$34.4K |
|
9464
CALL
Invesco S&P 500 Pure Growth ETF
RPG
$2.1B
| $290K | ﹤0.01% |
9,500
-5,000
| -34% | -$150K |
|
9465
CALL
Applied Industrial Technologies
AIT
$13.3B
| $290K | ﹤0.01% |
+2,000
| New | +$267K |
|
|
VXRT
9466
DELISTED
Vaxart
VXRT
| $289K | ﹤0.01% |
396,311
+324,032
| +448% | +$301K |
|
9467
CALL
Upland Software
UPLD
$15.7M
| $289K | ﹤0.01% |
8,030
-80
| -1% | -$2.75K |
|
9468
Hoya Capital Housing ETF
HOMZ
$36.3M
| $289K | ﹤0.01% |
+7,456
| New | +$265K |
|
9469
Gabelli Equity Trust
GAB
$1.8B
| $289K | ﹤0.01% |
49,797
+24,976
| +101% | +$140K |
|
|
KNDI
9470
Kandi Technologies Group
KNDI
$63M
| $289K | ﹤0.01% |
72,911
+13,604
| +23% | +$46K |
|
9471
AvePoint
AVPT
$2.85B
| $289K | ﹤0.01% |
50,106
-48,835
| -49% | -$257K |
|
9472
CALL
Sasol
SSL
$7.39B
| $288K | ﹤0.01% |
+23,300
| New | +$300K |
|
9473
First Trust Active Factor Small Cap ETF
AFSM
$125M
| $288K | ﹤0.01% |
+11,631
| New | +$271K |
|
9474
NexGen Energy
NXE
$6.97B
| $288K | ﹤0.01% |
61,215
-75,519
| -55% | -$307K |
|
|
FREE
9475
CALL
DELISTED
Whole Earth Brands, Inc. Class A Common Stock
FREE
| $288K | ﹤0.01% |
71,700
+61,200
| +583% | +$171K |
|
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.