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 | 1.07% |
| 5 | Healthcare | 0.95% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
2676
CALL
Direxion Daily FTSE China Bear 3X ETF
YANG
$99.3M
| $8.65M | ﹤0.01% |
39,465
+6,190
| +19% | +$1.31M |
|
2677
CALL
Xerox
XRX
$412M
| $8.65M | ﹤0.01% |
580,700
-90,700
| -14% | -$1.33M |
|
2678
PUT
MicroSectors FANG+ ETNs due Jan 8 2038
FNGS
$608M
| $8.64M | ﹤0.01% |
+256,900
| New | +$7.5M |
|
2679
Live Nation Entertainment
LYV
$43.2B
| $8.62M | ﹤0.01% |
94,658
-187,766
| -66% | -$14.7M |
|
2680
CALL
AeroVironment
AVAV
$9.59B
| $8.62M | ﹤0.01% |
84,300
+26,000
| +45% | +$2.62M |
|
2681
iShares MSCI China ETF
MCHI
$6.14B
| $8.62M | ﹤0.01% |
192,622
-10,629
| -5% | -$497K |
|
2682
PUT
Invesco DB US Dollar Index Bearish Fund
UDN
$109M
| $8.62M | ﹤0.01% |
458,100
+4,600
| +1% | +$86.7K |
|
2683
Allison Transmission
ALSN
$10.2B
| $8.61M | ﹤0.01% |
152,567
+71,197
| +87% | +$3.5M |
|
2684
PUT
Skywest
SKYW
$4.16B
| $8.61M | ﹤0.01% |
211,400
+136,300
| +181% | +$4.05M |
|
|
VSXY
2685
PUT
Victoria's Secret
VSXY
$7.39B
| $8.6M | ﹤0.01% |
493,300
+343,200
| +229% | +$8.65M |
|
2686
Cooper Companies
COO
$15B
| $8.59M | ﹤0.01% |
89,620
-5,820
| -6% | -$546K |
|
2687
CALL
ATI
ATI
$31.4B
| $8.58M | ﹤0.01% |
194,000
-35,300
| -15% | -$1.35M |
|
2688
Macerich
MAC
$6.99B
| $8.58M | ﹤0.01% |
761,206
-47,769
| -6% | -$486K |
|
|
DQ
2689
PUT
Daqo New Energy
DQ
$1.01B
| $8.58M | ﹤0.01% |
216,000
+8,600
| +4% | +$359K |
|
2690
Omnicom Group
OMC
$23.5B
| $8.57M | ﹤0.01% |
90,086
-246,623
| -73% | -$22.9M |
|
|
RETA
2691
DELISTED
Reata Pharmaceuticals, Inc. Class A Common Stock
RETA
| $8.57M | ﹤0.01% |
84,059
-17,811
| -17% | -$1.69M |
|
|
WWE
2692
DELISTED
World Wrestling Entertainment
WWE
| $8.57M | ﹤0.01% |
78,980
-77,626
| -50% | -$8.03M |
|
|
EBIX
2693
DELISTED
Ebix Inc
EBIX
| $8.56M | ﹤0.01% |
339,668
+325,301
| +2,264% | +$6.1M |
|
2694
PUT
Equinor
EQNR
$96.3B
| $8.56M | ﹤0.01% |
293,000
-2,400
| -0.8% | -$68.4K |
|
2695
STAG Industrial
STAG
$7.12B
| $8.56M | ﹤0.01% |
238,442
+4,778
| +2% | +$165K |
|
2696
CALL
Planet Fitness
PLNT
$3.65B
| $8.55M | ﹤0.01% |
126,800
+1,100
| +0.9% | +$78.9K |
|
2697
CALL
Prothena Corp
PRTA
$466M
| $8.54M | ﹤0.01% |
125,100
+36,000
| +40% | +$2.32M |
|
2698
SS&C Technologies
SSNC
$18.8B
| $8.54M | ﹤0.01% |
140,899
-33,051
| -19% | -$1.88M |
|
2699
CALL
Leonardo DRS
DRS
$11.9B
| $8.53M | ﹤0.01% |
492,200
+83,400
| +20% | +$1.29M |
|
2700
CALL
Northern Trust
NTRS
$35B
| $8.53M | ﹤0.01% |
115,000
-12,000
| -9% | -$921K |
|
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.