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 | |
|---|---|---|---|---|---|---|
2626
CALL
ING
ING
$102B
| $8.98M | ﹤0.01% |
667,000
+29,500
| +5% | +$377K |
|
2627
Bio-Techne
TECH
$11.3B
| $8.98M | ﹤0.01% |
109,960
+12,882
| +13% | +$1.04M |
|
2628
CALL
American States Water
AWR
$3.49B
| $8.96M | ﹤0.01% |
103,000
+98,500
| +2,189% | +$8.82M |
|
2629
Flex
FLEX
$45.9B
| $8.95M | ﹤0.01% |
429,724
+344,333
| +403% | +$6.14M |
|
2630
CALL
TransUnion
TRU
$15.2B
| $8.95M | ﹤0.01% |
114,200
+25,100
| +28% | +$1.74M |
|
|
FSR
2631
CALL
DELISTED
Fisker Inc.
FSR
| $8.94M | ﹤0.01% |
1,585,700
-146,700
| -8% | -$846K |
|
2632
State Street SPDR Portfolio Short Term Corporate Bond ETF
SPSB
$10.8B
| $8.94M | ﹤0.01% |
303,764
-332,060
| -52% | -$9.8M |
|
2633
CALL
Weyerhaeuser
WY
$17.8B
| $8.94M | ﹤0.01% |
266,800
+46,900
| +21% | +$1.41M |
|
2634
Amcor
AMCR
$21.4B
| $8.93M | ﹤0.01% |
178,996
-131,656
| -42% | -$6.86M |
|
2635
PUT
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $8.92M | ﹤0.01% |
77,400
-235,700
| -75% | -$27.6M |
|
2636
Fabrinet
FN
$20.5B
| $8.92M | ﹤0.01% |
68,656
+26,055
| +61% | +$2.78M |
|
2637
PUT
Copa Holdings
CPA
$6.14B
| $8.9M | ﹤0.01% |
80,500
+38,200
| +90% | +$3.83M |
|
2638
PUT
Hormel Foods
HRL
$13.4B
| $8.89M | ﹤0.01% |
221,100
-176,900
| -44% | -$7.09M |
|
2639
CALL
Amphenol
APH
$204B
| $8.89M | ﹤0.01% |
209,200
+76,600
| +58% | +$2.98M |
|
2640
Hamilton Lane
HLNE
$5.69B
| $8.87M | ﹤0.01% |
110,883
+71,197
| +179% | +$5.11M |
|
2641
PUT
Post Holdings
POST
$3.65B
| $8.86M | ﹤0.01% |
102,300
-15,100
| -13% | -$1.32M |
|
2642
CALL
Interactive Brokers
IBKR
$41.4B
| $8.85M | ﹤0.01% |
426,000
-627,600
| -60% | -$12.4M |
|
2643
PUT
Brinker International
EAT
$10.2B
| $8.85M | ﹤0.01% |
241,700
-88,100
| -27% | -$3.32M |
|
2644
Zimmer Biomet
ZBH
$18.7B
| $8.84M | ﹤0.01% |
60,747
-48,510
| -44% | -$6.59M |
|
2645
PUT
Autoliv
ALV
$8.85B
| $8.84M | ﹤0.01% |
104,000
+45,200
| +77% | +$3.92M |
|
2646
PUT
Lear
LEA
$8.16B
| $8.84M | ﹤0.01% |
61,600
+47,900
| +350% | +$6.32M |
|
2647
PUT
Ameriprise Financial
AMP
$49.9B
| $8.84M | ﹤0.01% |
26,600
-14,300
| -35% | -$4.4M |
|
2648
CALL
Viatris
VTRS
$18.5B
| $8.82M | ﹤0.01% |
883,900
-475,300
| -35% | -$4.54M |
|
|
SF
2649
Stifel
SF
$12.8B
| $8.82M | ﹤0.01% |
221,660
+18,062
| +9% | +$705K |
|
2650
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $8.8M | ﹤0.01% |
108,502
+69,544
| +179% | +$5.69M |
|
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.