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 | |
|---|---|---|---|---|---|---|
2726
PUT
Southern Copper
SCCO
$158B
| $8.36M | ﹤0.01% |
127,178
-18,231
| -13% | -$1.23M |
|
2727
PUT
iShares MSCI South Korea ETF
EWY
$27.6B
| $8.35M | ﹤0.01% |
131,800
-42,900
| -25% | -$2.69M |
|
2728
PUT
PTC
PTC
$16.1B
| $8.35M | ﹤0.01% |
58,700
+8,700
| +17% | +$1.15M |
|
2729
PUT
Hercules Capital
HTGC
$3.17B
| $8.33M | ﹤0.01% |
563,000
+284,800
| +102% | +$3.91M |
|
2730
CALL
Nextpower Inc
NXT
$15.7B
| $8.32M | ﹤0.01% |
209,100
+188,900
| +935% | +$6.92M |
|
|
SIX
2731
CALL
DELISTED
Six Flags Entertainment Corp.
SIX
| $8.32M | ﹤0.01% |
320,400
+15,100
| +5% | +$391K |
|
2732
CALL
Paylocity
PCTY
$8.1B
| $8.32M | ﹤0.01% |
45,100
+34,700
| +334% | +$6.35M |
|
2733
Caesars Entertainment
CZR
$6.04B
| $8.31M | ﹤0.01% |
163,121
+54,661
| +50% | +$2.48M |
|
2734
CALL
Coty
COTY
$2.42B
| $8.31M | ﹤0.01% |
675,900
-169,100
| -20% | -$2M |
|
2735
CALL
Eastman Chemical
EMN
$8.29B
| $8.31M | ﹤0.01% |
99,200
+50,800
| +105% | +$4.13M |
|
2736
PUT
State Street SPDR S&P Semiconductor ETF
XSD
$2.88B
| $8.3M | ﹤0.01% |
37,500
+27,700
| +283% | +$5.47M |
|
2737
Tradeweb Markets
TW
$21.9B
| $8.3M | ﹤0.01% |
121,179
+98,159
| +426% | +$6.95M |
|
2738
CALL
Clear Secure
YOU
$4.7B
| $8.29M | ﹤0.01% |
357,800
-37,900
| -10% | -$937K |
|
2739
Mobileye
MBLY
$7.57B
| $8.28M | ﹤0.01% |
215,613
+202,624
| +1,560% | +$8.22M |
|
2740
CALL
GE HealthCare
GEHC
$33.3B
| $8.28M | ﹤0.01% |
101,900
-171,400
| -63% | -$13.7M |
|
2741
TAL Education Group
TAL
$6.43B
| $8.26M | ﹤0.01% |
1,386,543
+1,157,780
| +506% | +$6.93M |
|
2742
PUT
Dutch Bros
BROS
$8.93B
| $8.26M | ﹤0.01% |
290,300
-31,900
| -10% | -$946K |
|
|
NKLA
2743
PUT
DELISTED
Nikola Corporation Common Stock
NKLA
| $8.25M | ﹤0.01% |
199,383
+52,556
| +36% | +$1.45M |
|
2744
Newell Brands
NWL
$2.63B
| $8.25M | ﹤0.01% |
948,417
+470,856
| +99% | +$4.68M |
|
|
RDFN
2745
CALL
DELISTED
Redfin
RDFN
| $8.24M | ﹤0.01% |
663,200
-122,600
| -16% | -$1.19M |
|
2746
iShares US Pharmaceuticals ETF
IHE
$1.65B
| $8.23M | ﹤0.01% |
137,883
+118,869
| +625% | +$7.07M |
|
2747
CALL
Corsair Gaming
CRSR
$1.45B
| $8.22M | ﹤0.01% |
463,100
-111,400
| -19% | -$2.03M |
|
2748
CALL
Starwood Property Trust
STWD
$6.09B
| $8.21M | ﹤0.01% |
423,100
+67,500
| +19% | +$1.2M |
|
2749
PUT
Krystal Biotech
KRYS
$9.72B
| $8.21M | ﹤0.01% |
69,900
-1,300
| -2% | -$133K |
|
2750
CALL
iShares Core MSCI Emerging Markets ETF
IEMG
$159B
| $8.2M | ﹤0.01% |
166,300
+66,000
| +66% | +$3.22M |
|
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.