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 | 1.06% |
| 5 | Healthcare | 0.94% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2476
CALL
Middleby
MIDD
$5.29B
| $10.1M | ﹤0.01% |
68,100
+21,200
| +45% | +$2.99M |
|
|
RDFN
2477
PUT
DELISTED
Redfin
RDFN
| $10.1M | ﹤0.01% |
810,400
+59,300
| +8% | +$577K |
|
2478
PUT
Starwood Property Trust
STWD
$6.05B
| $10.1M | ﹤0.01% |
518,800
+67,300
| +15% | +$1.2M |
|
2479
Cullen/Frost Bankers
CFR
$10.5B
| $10.1M | ﹤0.01% |
93,544
-29,451
| -24% | -$3.08M |
|
2480
US Foods
USFD
$23.8B
| $10M | ﹤0.01% |
228,403
+219,672
| +2,516% | +$8.72M |
|
2481
CALL
Itaú Unibanco
ITUB
$80.9B
| $10M | ﹤0.01% |
1,929,386
+463,850
| +32% | +$2.19M |
|
|
VISN
2482
Vistance Networks Inc
VISN
$2.62B
| $10M | ﹤0.01% |
1,783,488
+1,307,422
| +275% | +$6.25M |
|
2483
PUT
First Trust Cloud Computing ETF
SKYY
$3.38B
| $10M | ﹤0.01% |
131,900
+52,200
| +65% | +$3.59M |
|
2484
CALL
Kornit Digital
KRNT
$827M
| $10M | ﹤0.01% |
340,700
+281,700
| +477% | +$6.37M |
|
2485
PUT
Abercrombie & Fitch
ANF
$4.84B
| $10M | ﹤0.01% |
265,300
+230,000
| +652% | +$6.56M |
|
2486
Cactus
WHD
$5.78B
| $9.96M | ﹤0.01% |
235,372
+130,581
| +125% | +$5.09M |
|
|
CTLP
2487
DELISTED
Cantaloupe
CTLP
| $9.94M | ﹤0.01% |
1,248,187
+939,519
| +304% | +$6.09M |
|
2488
CALL
SAP
SAP
$242B
| $9.93M | ﹤0.01% |
72,600
-55,800
| -43% | -$7.38M |
|
|
NVO
2489
Novo Nordisk
NVO
$205B
| $9.93M | ﹤0.01% |
122,680
+40,194
| +49% | +$3.28M |
|
2490
CALL
Public Service Enterprise Group
PEG
$37.8B
| $9.92M | ﹤0.01% |
158,500
-49,000
| -24% | -$3.06M |
|
2491
DigitalBridge
DBRG
$2.94B
| $9.92M | ﹤0.01% |
674,398
+436,093
| +183% | +$5.35M |
|
|
HOLX
2492
CALL
DELISTED
Hologic
HOLX
| $9.91M | ﹤0.01% |
122,400
-11,200
| -8% | -$915K |
|
2493
Ally Financial
ALLY
$13.6B
| $9.91M | ﹤0.01% |
366,912
+63,951
| +21% | +$1.7M |
|
2494
PUT
Olin
OLN
$2.17B
| $9.9M | ﹤0.01% |
192,600
+103,800
| +117% | +$5.52M |
|
2495
Plug Power
PLUG
$3.21B
| $9.9M | ﹤0.01% |
952,540
-349,707
| -27% | -$3.18M |
|
2496
CALL
Schwab US Broad Market ETF
SCHB
$45.2B
| $9.89M | ﹤0.01% |
573,900
-92,100
| -14% | -$1.5M |
|
2497
Weatherford International
WFRD
$6.6B
| $9.89M | ﹤0.01% |
148,893
-57,398
| -28% | -$3.53M |
|
2498
CBRE Group
CBRE
$44B
| $9.89M | ﹤0.01% |
122,499
-52,888
| -30% | -$3.96M |
|
2499
CALL
-1x Short VIX Futures ETF
SVIX
$171M
| $9.88M | ﹤0.01% |
352,000
+178,200
| +103% | +$3.73M |
|
2500
First Majestic Silver
AG
$9.26B
| $9.86M | ﹤0.01% |
1,745,727
+190,214
| +12% | +$1.22M |
|
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.