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 | |
|---|---|---|---|---|---|---|
2101
PUT
J.M. Smucker
SJM
$13B
| $13.7M | ﹤0.01% |
93,100
-55,000
| -37% | -$8.39M |
|
|
ISEE
2102
CALL
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $13.7M | ﹤0.01% |
348,400
-39,400
| -10% | -$1.39M |
|
2103
CALL
DoubleVerify
DV
$2.04B
| $13.7M | ﹤0.01% |
352,000
+150,700
| +75% | +$4.86M |
|
2104
CALL
Krystal Biotech
KRYS
$9.83B
| $13.7M | ﹤0.01% |
116,600
+74,400
| +176% | +$7.6M |
|
2105
PUT
iQIYI
IQ
$1.3B
| $13.7M | ﹤0.01% |
2,562,500
+64,700
| +3% | +$364K |
|
2106
PUT
Virgin Galactic
SPCE
$503M
| $13.7M | ﹤0.01% |
176,170
+105,515
| +149% | +$8.36M |
|
2107
CALL
HF Sinclair
DINO
$16.7B
| $13.7M | ﹤0.01% |
306,100
+159,100
| +108% | +$6.93M |
|
2108
CALL
SBA Communications
SBAC
$19.6B
| $13.7M | ﹤0.01% |
58,900
-7,000
| -11% | -$1.67M |
|
|
AMED
2109
DELISTED
Amedisys
AMED
| $13.6M | ﹤0.01% |
149,239
+126,583
| +559% | +$10.4M |
|
2110
Idexx Laboratories
IDXX
$43.4B
| $13.6M | ﹤0.01% |
27,096
-23,096
| -46% | -$11.1M |
|
2111
ZipRecruiter
ZIP
$386M
| $13.6M | ﹤0.01% |
765,968
+532,206
| +228% | +$8.76M |
|
2112
iShares Semiconductor ETF
SOXX
$46.5B
| $13.6M | ﹤0.01% |
80,394
-119,322
| -60% | -$17.9M |
|
2113
PUT
CBRE Group
CBRE
$44.3B
| $13.6M | ﹤0.01% |
168,400
+108,400
| +181% | +$8.12M |
|
2114
PUT
Sweetgreen
SG
$748M
| $13.6M | ﹤0.01% |
1,059,700
+341,900
| +48% | +$3.16M |
|
2115
T. Rowe Price
TROW
$23.6B
| $13.6M | ﹤0.01% |
121,166
+8,328
| +7% | +$912K |
|
2116
CALL
Neurocrine Biosciences
NBIX
$15.5B
| $13.6M | ﹤0.01% |
143,800
+95,300
| +196% | +$9.31M |
|
2117
CALL
Welltower
WELL
$170B
| $13.5M | ﹤0.01% |
167,500
-138,500
| -45% | -$10.7M |
|
2118
American Electric Power
AEP
$68.4B
| $13.5M | ﹤0.01% |
160,860
-135,366
| -46% | -$12M |
|
2119
Madrigal Pharmaceuticals
MDGL
$11.7B
| $13.5M | ﹤0.01% |
58,398
-70,560
| -55% | -$19.1M |
|
2120
CALL
Sphere Entertainment
SPHR
$6.03B
| $13.5M | ﹤0.01% |
492,500
+414,600
| +532% | +$13.7M |
|
2121
CALL
Ameriprise Financial
AMP
$50.3B
| $13.5M | ﹤0.01% |
40,600
+2,400
| +6% | +$738K |
|
2122
PUT
Synchrony
SYF
$26.4B
| $13.5M | ﹤0.01% |
397,100
-303,100
| -43% | -$9.26M |
|
2123
PUT
Camtek
CAMT
$7.72B
| $13.5M | ﹤0.01% |
377,800
+130,400
| +53% | +$3.74M |
|
2124
iShares Biotechnology ETF
IBB
$9.73B
| $13.4M | ﹤0.01% |
105,863
-101,600
| -49% | -$13.2M |
|
2125
PUT
Edison International
EIX
$27.5B
| $13.4M | ﹤0.01% |
193,500
+145,200
| +301% | +$10.2M |
|
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.