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 | |
|---|---|---|---|---|---|---|
2851
PUT
PVH
PVH
$3.74B
| $7.6M | ﹤0.01% |
89,400
-64,900
| -42% | -$5.48M |
|
2852
iShares 10-20 Year Treasury Bond ETF
TLH
$10.9B
| $7.59M | ﹤0.01% |
+68,561
| New | +$7.69M |
|
2853
IonQ
IONQ
$18.7B
| $7.59M | ﹤0.01% |
561,191
+373,603
| +199% | +$3.11M |
|
2854
CALL
CoStar Group
CSGP
$13B
| $7.59M | ﹤0.01% |
85,300
+36,000
| +73% | +$2.78M |
|
2855
CALL
Vanguard Morningstar Large-Cap ETF
VV
$54.9B
| $7.58M | ﹤0.01% |
37,400
-10,700
| -22% | -$2.05M |
|
2856
Alamos Gold
AGI
$14.2B
| $7.58M | ﹤0.01% |
635,555
-12,088
| -2% | -$154K |
|
2857
CALL
Gartner
IT
$11.2B
| $7.57M | ﹤0.01% |
21,600
-15,000
| -41% | -$4.88M |
|
|
ANSS
2858
DELISTED
Ansys
ANSS
| $7.56M | ﹤0.01% |
22,891
-22,212
| -49% | -$7.04M |
|
2859
PUT
Tower Semiconductor
TSEM
$29.8B
| $7.55M | ﹤0.01% |
201,200
+120,800
| +150% | +$5M |
|
2860
Direxion Daily TSLA Bull 2X ETF
TSLL
$3.72B
| $7.55M | ﹤0.01% |
434,948
-73,809
| -15% | -$884K |
|
2861
PUT
Vanguard Morningstar Value ETF
VTV
$194B
| $7.55M | ﹤0.01% |
53,100
-8,700
| -14% | -$1.21M |
|
2862
PUT
Bankunited
BKU
$3.42B
| $7.53M | ﹤0.01% |
349,300
+166,400
| +91% | +$3.42M |
|
2863
PUT
Installed Building Products
IBP
$6.49B
| $7.53M | ﹤0.01% |
53,700
+47,400
| +752% | +$5.58M |
|
2864
CALL
Harley-Davidson
HOG
$2.9B
| $7.52M | ﹤0.01% |
213,700
-137,300
| -39% | -$4.8M |
|
2865
CALL
dLocal
DLO
$4.21B
| $7.52M | ﹤0.01% |
615,700
+194,800
| +46% | +$2.57M |
|
2866
CALL
Invitation Homes
INVH
$18B
| $7.52M | ﹤0.01% |
218,500
+10,900
| +5% | +$364K |
|
2867
CALL
FMC
FMC
$1.27B
| $7.51M | ﹤0.01% |
72,000
+31,100
| +76% | +$3.5M |
|
2868
Virgin Galactic
SPCE
$512M
| $7.51M | ﹤0.01% |
96,810
+84,423
| +682% | +$6.68M |
|
|
JOYY
2869
JOYY Inc
JOYY
$3.68B
| $7.51M | ﹤0.01% |
244,577
+13,648
| +6% | +$400K |
|
|
PDCE
2870
CALL
DELISTED
PDC Energy, Inc.
PDCE
| $7.51M | ﹤0.01% |
105,500
+42,500
| +67% | +$2.87M |
|
|
ESTE
2871
CALL
DELISTED
Earthstone Energy Inc. Class A Common Stock
ESTE
| $7.51M | ﹤0.01% |
525,200
+468,100
| +820% | +$6.25M |
|
2872
CALL
Sturm, Ruger & Co
RGR
$596M
| $7.5M | ﹤0.01% |
141,600
-43,900
| -24% | -$2.39M |
|
2873
Campbell Soup
CPB
$6.89B
| $7.5M | ﹤0.01% |
164,032
-40,004
| -20% | -$2.06M |
|
2874
RBC Bearings
RBC
$17.7B
| $7.5M | ﹤0.01% |
34,471
+18,613
| +117% | +$4.03M |
|
2875
iShares Global Clean Energy ETF
ICLN
$2.11B
| $7.49M | ﹤0.01% |
407,328
-343,158
| -46% | -$6.45M |
|
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.