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 | |
|---|---|---|---|---|---|---|
2751
PUT
Aehr Test Systems
AEHR
$4.02B
| $8.2M | ﹤0.01% |
198,700
-71,000
| -26% | -$2.33M |
|
2752
CALL
FTAI Aviation
FTAI
$23.3B
| $8.19M | ﹤0.01% |
258,700
-103,800
| -29% | -$2.94M |
|
2753
CALL
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.49B
| $8.18M | ﹤0.01% |
471,400
+68,300
| +17% | +$818K |
|
2754
Crane NXT
CXT
$2.96B
| $8.18M | ﹤0.01% |
144,933
+137,617
| +1,881% | +$7M |
|
2755
PUT
Sun Communities
SUI
$14.6B
| $8.18M | ﹤0.01% |
62,700
+57,000
| +1,000% | +$7.62M |
|
2756
SM Energy
SM
$7.71B
| $8.18M | ﹤0.01% |
258,580
-136,184
| -34% | -$3.85M |
|
|
GAP
2757
PUT
The Gap Inc
GAP
$7.34B
| $8.17M | ﹤0.01% |
915,400
-1,532,900
| -63% | -$13.7M |
|
2758
Illumina
ILMN
$29.1B
| $8.17M | ﹤0.01% |
44,812
-143,106
| -76% | -$29M |
|
2759
PUT
Biohaven
BHVN
$2.24B
| $8.15M | ﹤0.01% |
340,900
+275,500
| +421% | +$4.74M |
|
|
PR
2760
Permian Resources
PR
$17.7B
| $8.15M | ﹤0.01% |
743,461
+448,376
| +152% | +$4.59M |
|
2761
CALL
AGCO
AGCO
$7.11B
| $8.15M | ﹤0.01% |
62,000
-2,400
| -4% | -$298K |
|
|
PDCE
2762
PUT
DELISTED
PDC Energy, Inc.
PDCE
| $8.15M | ﹤0.01% |
114,500
+50,600
| +79% | +$3.42M |
|
2763
C3.ai
AI
$1.58B
| $8.14M | ﹤0.01% |
223,557
-488,160
| -69% | -$13.8M |
|
2764
Riot Platforms
RIOT
$7.21B
| $8.14M | ﹤0.01% |
688,645
+412,799
| +150% | +$4.62M |
|
2765
Lamb Weston
LW
$7.3B
| $8.13M | ﹤0.01% |
70,755
-79,456
| -53% | -$8.86M |
|
|
MRTX
2766
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $8.13M | ﹤0.01% |
225,101
-137,511
| -38% | -$5.67M |
|
2767
PUT
Louisiana-Pacific
LPX
$5.15B
| $8.13M | ﹤0.01% |
108,400
+29,100
| +37% | +$1.8M |
|
2768
Charles River Laboratories
CRL
$13.4B
| $8.11M | ﹤0.01% |
38,573
+12,804
| +50% | +$2.55M |
|
2769
PUT
AngloGold Ashanti
AU
$48.1B
| $8.1M | ﹤0.01% |
384,200
+58,800
| +18% | +$1.48M |
|
|
WW
2770
CALL
DELISTED
WW International
WW
| $8.1M | ﹤0.01% |
1,205,000
+322,400
| +37% | +$2.29M |
|
2771
Church & Dwight Co
CHD
$24B
| $8.09M | ﹤0.01% |
80,750
-52,742
| -40% | -$4.97M |
|
2772
Blackstone Mortgage Trust
BXMT
$2.41B
| $8.09M | ﹤0.01% |
388,841
+309,430
| +390% | +$5.69M |
|
2773
PagSeguro Digital
PAGS
$2.43B
| $8.09M | ﹤0.01% |
856,504
+209,590
| +32% | +$2.12M |
|
2774
Toll Brothers
TOL
$13.9B
| $8.08M | ﹤0.01% |
102,238
+40,248
| +65% | +$2.7M |
|
2775
Federal Realty Investment Trust
FRT
$10.3B
| $8.08M | ﹤0.01% |
83,492
+44,239
| +113% | +$4.16M |
|
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.