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 | |
|---|---|---|---|---|---|---|
2801
CALL
ARK Web x.0 ETF
ARKW
$1.82B
| $7.93M | ﹤0.01% |
135,300
-8,500
| -6% | -$443K |
|
2802
PUT
Vornado Realty Trust
VNO
$7.33B
| $7.93M | ﹤0.01% |
436,900
+262,900
| +151% | +$3.87M |
|
|
ONC
2803
PUT
BeOne Medicines Ltd
ONC
$40.3B
| $7.92M | ﹤0.01% |
44,400
+800
| +2% | +$184K |
|
2804
Mettler-Toledo International
MTD
$28.8B
| $7.9M | ﹤0.01% |
6,022
-4,819
| -44% | -$6.78M |
|
2805
iShares Government/Credit Bond ETF
GBF
$128M
| $7.9M | ﹤0.01% |
75,908
+46,517
| +158% | +$4.88M |
|
|
AZPN
2806
CALL
DELISTED
Aspen Technology Inc
AZPN
| $7.89M | ﹤0.01% |
47,100
+22,200
| +89% | +$4.12M |
|
2807
CALL
ArcelorMittal
MT
$55.2B
| $7.89M | ﹤0.01% |
288,700
-431,800
| -60% | -$11.9M |
|
|
NEWR
2808
PUT
DELISTED
New Relic, Inc.
NEWR
| $7.89M | ﹤0.01% |
120,600
+52,200
| +76% | +$3.76M |
|
2809
CALL
iShares Preferred and Income Securities ETF
PFF
$13.3B
| $7.88M | ﹤0.01% |
254,900
+105,700
| +71% | +$3.23M |
|
|
EH
2810
EHang Holdings
EH
$442M
| $7.88M | ﹤0.01% |
519,636
+213,316
| +70% | +$2.47M |
|
2811
CALL
Alkermes
ALKS
$8.44B
| $7.87M | ﹤0.01% |
251,400
+132,200
| +111% | +$4M |
|
2812
UGI
UGI
$7.53B
| $7.86M | ﹤0.01% |
291,382
+277,761
| +2,039% | +$8.43M |
|
2813
CALL
iShares Core MSCI EAFE ETF
IEFA
$196B
| $7.86M | ﹤0.01% |
116,400
-9,400
| -7% | -$637K |
|
2814
Global X Uranium ETF
URA
$6.31B
| $7.83M | ﹤0.01% |
360,871
-162,428
| -31% | -$3.32M |
|
2815
Xtrackers USD High Yield Corporate Bond ETF
HYLB
$3.48B
| $7.83M | ﹤0.01% |
+226,852
| New | +$7.77M |
|
2816
CALL
Mueller Industries
MLI
$15.1B
| $7.82M | ﹤0.01% |
358,400
+281,200
| +364% | +$5.35M |
|
|
HAPN
2817
Happen Inc
HAPN
$2.27B
| $7.82M | ﹤0.01% |
801,942
-94,158
| -11% | -$756K |
|
2818
CMS Energy
CMS
$22B
| $7.82M | ﹤0.01% |
133,052
-52,403
| -28% | -$3.16M |
|
2819
CALL
Cincinnati Financial
CINF
$26.5B
| $7.81M | ﹤0.01% |
80,300
+8,100
| +11% | +$837K |
|
2820
PUT
AMN Healthcare
AMN
$1.34B
| $7.81M | ﹤0.01% |
71,600
-2,000
| -3% | -$190K |
|
|
NVMI
2821
Nova
NVMI
$13.1B
| $7.81M | ﹤0.01% |
66,544
+45,159
| +211% | +$4.62M |
|
|
JWN
2822
DELISTED
Nordstrom
JWN
| $7.8M | ﹤0.01% |
381,189
-485,745
| -56% | -$8.17M |
|
2823
Aurinia Pharmaceuticals
AUPH
$2.02B
| $7.79M | ﹤0.01% |
804,486
-253,151
| -24% | -$2.63M |
|
2824
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$38.5M
| $7.78M | ﹤0.01% |
71,703
-58,867
| -45% | -$7.16M |
|
2825
PUT
AGCO
AGCO
$7.11B
| $7.78M | ﹤0.01% |
59,200
+21,100
| +55% | +$2.62M |
|
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.