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 | |
|---|---|---|---|---|---|---|
2501
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.9B
| $9.83M | ﹤0.01% |
42,796
+24,263
| +131% | +$5.28M |
|
2502
PUT
Mohawk Industries
MHK
$9.27B
| $9.81M | ﹤0.01% |
95,100
+62,700
| +194% | +$6.15M |
|
2503
Sociedad Química y Minera de Chile
SQM
$20.4B
| $9.79M | ﹤0.01% |
134,823
-70,604
| -34% | -$5.02M |
|
2504
PUT
Deutsche Bank
DB
$72.4B
| $9.77M | ﹤0.01% |
928,000
-2,913,400
| -76% | -$30.7M |
|
|
IAS
2505
DELISTED
Integral Ad Science
IAS
| $9.76M | ﹤0.01% |
542,910
+382,174
| +238% | +$6.45M |
|
2506
First Trust Global Tactical Commodity Strategy Fund
FTGC
$3.07B
| $9.76M | ﹤0.01% |
428,700
+82,577
| +24% | +$1.9M |
|
2507
PUT
Vanguard FTSE Europe ETF
VGK
$31.1B
| $9.75M | ﹤0.01% |
158,100
-43,300
| -21% | -$2.69M |
|
2508
VICI Properties
VICI
$28.7B
| $9.75M | ﹤0.01% |
310,315
-293,578
| -49% | -$9.42M |
|
2509
CALL
Iridium Communications
IRDM
$5.26B
| $9.75M | ﹤0.01% |
157,000
+73,500
| +88% | +$4.55M |
|
2510
Kohl's
KSS
$2.19B
| $9.75M | ﹤0.01% |
422,860
+396,652
| +1,513% | +$8.58M |
|
2511
CALL
Hercules Capital
HTGC
$3.11B
| $9.74M | ﹤0.01% |
658,300
+130,800
| +25% | +$1.79M |
|
2512
MSCI
MSCI
$40.9B
| $9.73M | ﹤0.01% |
20,731
-27,541
| -57% | -$13.4M |
|
|
SAVE
2513
DELISTED
Spirit Airlines, Inc.
SAVE
| $9.73M | ﹤0.01% |
566,877
+156,507
| +38% | +$2.56M |
|
2514
CALL
Guardant Health
GH
$22.2B
| $9.71M | ﹤0.01% |
271,100
-56,400
| -17% | -$1.62M |
|
2515
Allegion
ALLE
$14.1B
| $9.7M | ﹤0.01% |
80,822
+29,200
| +57% | +$3.19M |
|
2516
CALL
Rapid7
RPD
$827M
| $9.7M | ﹤0.01% |
214,200
+147,100
| +219% | +$6.82M |
|
2517
PUT
Urban Outfitters
URBN
$6.63B
| $9.7M | ﹤0.01% |
292,700
+263,000
| +886% | +$7.67M |
|
|
DEN
2518
DELISTED
Denbury Inc.
DEN
| $9.68M | ﹤0.01% |
112,234
+22,245
| +25% | +$2.02M |
|
2519
Valaris
VAL
$5.92B
| $9.68M | ﹤0.01% |
153,837
+69,932
| +83% | +$4.22M |
|
2520
PUT
PIMCO 25+ Year Zero Coupon US Treasury Index Exchange-Traded Fund
ZROZ
$1.31B
| $9.67M | ﹤0.01% |
105,100
+25,000
| +31% | +$2.29M |
|
|
2521
CALL
Vanguard Morningstar Small-Cap Growth ETF
VBK
$24.9B
| $9.67M | ﹤0.01% |
42,100
+1,000
| +2% | +$218K |
|
2522
PUT
IonQ
IONQ
$18.2B
| $9.66M | ﹤0.01% |
714,100
+584,300
| +450% | +$4.86M |
|
2523
CALL
Boot Barn
BOOT
$4.87B
| $9.65M | ﹤0.01% |
114,000
+33,400
| +41% | +$2.45M |
|
2524
PUT
Stellantis
STLA
$20.2B
| $9.65M | ﹤0.01% |
550,400
-878,000
| -61% | -$14.7M |
|
2525
CALL
Symbotic
SYM
$5.35B
| $9.65M | ﹤0.01% |
225,400
+196,400
| +677% | +$6.45M |
|
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.