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 | |
|---|---|---|---|---|---|---|
|
NAK
10726
CALL
Northern Dynasty Minerals
NAK
$908M
| $122K | ﹤0.01% |
508,300
-91,900
| -15% | -$20.9K |
|
|
AUGX
10727
CALL
DELISTED
Augmedix, Inc. Common Stock
AUGX
| $122K | ﹤0.01% |
+25,300
| New | +$87.5K |
|
|
PCTI
10728
DELISTED
PCTEL, Inc. Common Stock
PCTI
| $122K | ﹤0.01% |
25,352
+10,254
| +68% | +$48.2K |
|
|
VIP
10729
CALL
Vulcan Infrastructure and Power
VIP
$33.4M
| $122K | ﹤0.01% |
43,100
+35,860
| +495% | +$135K |
|
|
ELSE
10730
DELISTED
Electro-Sensors
ELSE
| $121K | ﹤0.01% |
27,157
+5,697
| +27% | +$25.4K |
|
10731
Eve Holding
EVEX
$951M
| $121K | ﹤0.01% |
11,577
-152,309
| -93% | -$1.27M |
|
|
OXLC
10732
Oxford Lane Capital
OXLC
$938M
| $121K | ﹤0.01% |
5,013
-7,310
| -59% | -$187K |
|
|
BCTX
10733
Briacell Therapeutics
BCTX
$29.9M
| $121K | ﹤0.01% |
126
-78
| -38% | -$77K |
|
10734
PUT
Theravance Biopharma
TBPH
$881M
| $121K | ﹤0.01% |
11,700
-14,700
| -56% | -$162K |
|
|
TTCF
10735
PUT
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $121K | ﹤0.01% |
220,100
-232,000
| -51% | -$237K |
|
10736
PUT
Adecoagro
AGRO
$1.29B
| $121K | ﹤0.01% |
12,900
-276,400
| -96% | -$2.45M |
|
10737
PUT
Kartoon Studios
TOON
$37.4M
| $121K | ﹤0.01% |
63,200
-64,300
| -50% | -$171K |
|
10738
PUT
Opko Health
OPK
$1.03B
| $121K | ﹤0.01% |
55,600
-5,300
| -9% | -$8.29K |
|
10739
LiveOne
LVO
$57.2M
| $121K | ﹤0.01% |
6,848
-6,897
| -50% | -$97.4K |
|
10740
PUT
Kopin
KOPN
$1.02B
| $120K | ﹤0.01% |
+55,900
| New | +$83.8K |
|
|
MOND
10741
DELISTED
Mondee Holdings, Inc. Class A Common Stock
MOND
| $120K | ﹤0.01% |
13,488
-43,004
| -76% | -$437K |
|
|
TUP
10742
DELISTED
Tupperware Brands Corporation
TUP
| $120K | ﹤0.01% |
150,167
-189,449
| -56% | -$205K |
|
|
AIIO
10743
Robo.ai Inc
AIIO
$502M
| $120K | ﹤0.01% |
564
-1,166
| -67% | -$252K |
|
|
TTCF
10744
DELISTED
Tattooed Chef, Inc Class A Common Stock
TTCF
| $120K | ﹤0.01% |
219,694
+11,234
| +5% | +$11.5K |
|
10745
PUT
ADMA Biologics
ADMA
$2.12B
| $120K | ﹤0.01% |
32,500
-2,700
| -8% | -$10K |
|
|
LOMA
10746
Loma Negra
LOMA
$1.1B
| $120K | ﹤0.01% |
+17,605
| New | +$115K |
|
|
LEV
10747
DELISTED
The Lion Electric Company
LEV
| $120K | ﹤0.01% |
64,693
+53,150
| +460% | +$107K |
|
10748
PUT
Gossamer Bio
GOSS
$75.4M
| $120K | ﹤0.01% |
99,700
+62,800
| +170% | +$78.2K |
|
10749
CALL
Nexa Resources
NEXA
$1.88B
| $120K | ﹤0.01% |
24,600
-25,600
| -51% | -$145K |
|
|
DRRX
10750
DELISTED
DURECT Corp
DRRX
| $119K | ﹤0.01% |
24,138
-23,921
| -50% | -$121K |
|
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.