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 | |
|---|---|---|---|---|---|---|
2526
Mid-America Apartment Communities
MAA
$15.4B
| $9.62M | ﹤0.01% |
63,376
-29,264
| -32% | -$4.4M |
|
2527
CALL
Globus Medical
GMED
$11.5B
| $9.62M | ﹤0.01% |
161,500
-29,600
| -15% | -$1.69M |
|
2528
CALL
iShares MSCI Mexico ETF
EWW
$1.87B
| $9.59M | ﹤0.01% |
154,200
-25,200
| -14% | -$1.54M |
|
2529
CALL
Rithm Capital
RITM
$5.71B
| $9.59M | ﹤0.01% |
1,025,300
+342,900
| +50% | +$2.87M |
|
|
HBI
2530
DELISTED
Hanesbrands
HBI
| $9.58M | ﹤0.01% |
2,110,977
+263,716
| +14% | +$1.21M |
|
2531
Viatris
VTRS
$18.5B
| $9.58M | ﹤0.01% |
959,740
+300,088
| +45% | +$2.87M |
|
2532
PUT
iShares Mortgage Real Estate ETF
REM
$547M
| $9.57M | ﹤0.01% |
405,600
-265,400
| -40% | -$5.81M |
|
2533
PUT
Direxion Daily Gold Miners Index Bull 2X ETF
NUGT
$1.16B
| $9.56M | ﹤0.01% |
274,200
-12,300
| -4% | -$515K |
|
2534
CALL
Warner Music
WMG
$13B
| $9.55M | ﹤0.01% |
366,000
+142,500
| +64% | +$3.95M |
|
2535
PUT
Aecom
ACM
$7.86B
| $9.54M | ﹤0.01% |
112,600
+86,100
| +325% | +$7.06M |
|
2536
PUT
Philips
PHG
$26.2B
| $9.53M | ﹤0.01% |
491,224
+140,395
| +40% | +$2.46M |
|
2537
CALL
AMN Healthcare
AMN
$1.34B
| $9.53M | ﹤0.01% |
87,300
+33,900
| +63% | +$3.21M |
|
2538
Cognizant
CTSH
$26.2B
| $9.52M | ﹤0.01% |
145,866
-137,470
| -49% | -$8.51M |
|
|
K
2539
DELISTED
Kellanova
K
| $9.51M | ﹤0.01% |
150,334
+14,553
| +11% | +$928K |
|
2540
Brady Corp
BRC
$4.48B
| $9.51M | ﹤0.01% |
199,861
+167,044
| +509% | +$8.4M |
|
2541
U-Haul Holding Co Series N
UHAL.B
$12.7B
| $9.5M | ﹤0.01% |
187,572
+117,973
| +170% | +$6.18M |
|
2542
CALL
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $9.49M | ﹤0.01% |
205,600
+60,400
| +42% | +$2.78M |
|
2543
Expeditors International
EXPD
$24B
| $9.48M | ﹤0.01% |
78,279
-1,174
| -1% | -$134K |
|
2544
CALL
Amylyx Pharmaceuticals
AMLX
$2.6B
| $9.48M | ﹤0.01% |
439,500
-55,500
| -11% | -$1.5M |
|
2545
PUT
MarineMax
HZO
$1.15B
| $9.47M | ﹤0.01% |
277,300
+36,600
| +15% | +$1.08M |
|
2546
PUT
Mattel
MAT
$4.19B
| $9.46M | ﹤0.01% |
484,000
-147,500
| -23% | -$2.66M |
|
2547
PUT
Wabtec
WAB
$49.9B
| $9.45M | ﹤0.01% |
86,200
+16,800
| +24% | +$1.67M |
|
2548
Option Care Health
OPCH
$3.57B
| $9.44M | ﹤0.01% |
290,701
+187,718
| +182% | +$5.66M |
|
|
ETNB
2549
PUT
DELISTED
89bio
ETNB
| $9.44M | ﹤0.01% |
498,400
+158,200
| +47% | +$2.78M |
|
2550
PUT
US Foods
USFD
$24B
| $9.44M | ﹤0.01% |
214,600
-154,800
| -42% | -$6.14M |
|
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.