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 | |
|---|---|---|---|---|---|---|
2651
CALL
Trane Technologies
TT
$105B
| $8.78M | ﹤0.01% |
45,900
-1,600
| -3% | -$284K |
|
2652
PUT
Rithm Capital
RITM
$5.71B
| $8.77M | ﹤0.01% |
937,900
+3,000
| +0.3% | +$25.1K |
|
2653
CALL
Carter's
CRI
$1.44B
| $8.76M | ﹤0.01% |
120,700
+68,600
| +132% | +$4.63M |
|
2654
CALL
CVR Partners
UAN
$1.26B
| $8.76M | ﹤0.01% |
108,600
+17,300
| +19% | +$1.52M |
|
2655
Nokia
NOK
$59B
| $8.75M | ﹤0.01% |
2,103,779
+1,821,418
| +645% | +$7.7M |
|
2656
Valley National Bancorp
VLY
$8.25B
| $8.75M | ﹤0.01% |
1,128,893
+703,631
| +165% | +$5.6M |
|
2657
PUT
TFI International
TFII
$12B
| $8.73M | ﹤0.01% |
76,600
-312,400
| -80% | -$34.3M |
|
|
BPMC
2658
DELISTED
Blueprint Medicines
BPMC
| $8.72M | ﹤0.01% |
137,989
-21,443
| -13% | -$1.17M |
|
|
YALA
2659
Yalla Group
YALA
$821M
| $8.72M | ﹤0.01% |
2,000,000
| – | – |
|
2660
Costamare
CMRE
$1.71B
| $8.71M | ﹤0.01% |
901,071
-112,315
| -11% | -$1.01M |
|
2661
Schwab US Dividend Equity ETF
SCHD
$108B
| $8.71M | ﹤0.01% |
359,943
+117,615
| +49% | +$2.81M |
|
2662
PUT
Labcorp
LH
$26.2B
| $8.71M | ﹤0.01% |
42,020
+15,248
| +57% | +$2.96M |
|
2663
PUT
Toast
TOST
$19.7B
| $8.71M | ﹤0.01% |
385,900
+53,200
| +16% | +$1.06M |
|
2664
CoreCivic
CXW
$3.32B
| $8.7M | ﹤0.01% |
924,957
+407,226
| +79% | +$3.7M |
|
2665
UBS Group
UBS
$176B
| $8.7M | ﹤0.01% |
429,377
-692,225
| -62% | -$13.9M |
|
2666
PUT
RingCentral
RNG
$5.25B
| $8.7M | ﹤0.01% |
265,800
-1,493,800
| -85% | -$45.9M |
|
|
FAZ
2667
CALL
Direxion Daily Financial Bear 3x ETF
FAZ
$84.2M
| $8.7M | ﹤0.01% |
45,940
-38,920
| -46% | -$8.21M |
|
2668
Danaos Corp
DAC
$2.55B
| $8.68M | ﹤0.01% |
129,970
-96,210
| -43% | -$5.81M |
|
2669
CALL
iShares 3-7 Year Treasury Bond ETF
IEI
$17.7B
| $8.68M | ﹤0.01% |
75,300
+31,700
| +73% | +$3.71M |
|
2670
CF Industries
CF
$17.7B
| $8.68M | ﹤0.01% |
124,985
-217,598
| -64% | -$15.2M |
|
2671
KKR & Co
KKR
$103B
| $8.68M | ﹤0.01% |
154,927
-47,424
| -23% | -$2.48M |
|
2672
PUT
PagSeguro Digital
PAGS
$2.4B
| $8.67M | ﹤0.01% |
918,800
+217,700
| +31% | +$2.21M |
|
2673
CALL
SiriusXM
SIRI
$9.43B
| $8.67M | ﹤0.01% |
191,290
+9,270
| +5% | +$350K |
|
2674
CALL
Ventas
VTR
$45.7B
| $8.66M | ﹤0.01% |
183,300
+43,200
| +31% | +$1.96M |
|
2675
Huntington Bancshares
HBAN
$36.1B
| $8.66M | ﹤0.01% |
803,057
-132,725
| -14% | -$1.42M |
|
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.