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 | |
|---|---|---|---|---|---|---|
2951
Clearway Energy Class C
CWEN
$7.04B
| $7.16M | ﹤0.01% |
250,800
+216,420
| +629% | +$6.54M |
|
2952
Seagate
STX
$215B
| $7.16M | ﹤0.01% |
115,772
-326,882
| -74% | -$20M |
|
2953
PUT
CACI
CACI
$14.7B
| $7.16M | ﹤0.01% |
21,000
+11,800
| +128% | +$3.67M |
|
2954
Targa Resources
TRGP
$58.8B
| $7.15M | ﹤0.01% |
93,939
-68,545
| -42% | -$4.97M |
|
2955
CALL
Inspire Medical Systems
INSP
$1.67B
| $7.14M | ﹤0.01% |
22,000
-25,700
| -54% | -$7.34M |
|
2956
CALL
Blackstone Mortgage Trust
BXMT
$2.46B
| $7.14M | ﹤0.01% |
343,000
+77,100
| +29% | +$1.42M |
|
2957
Futu Holdings
FUTU
$14.6B
| $7.14M | ﹤0.01% |
179,570
-6,021
| -3% | -$256K |
|
2958
Clorox
CLX
$12.8B
| $7.13M | ﹤0.01% |
44,837
-20,257
| -31% | -$3.27M |
|
2959
CALL
Invesco Mortgage Capital
IVR
$808M
| $7.11M | ﹤0.01% |
620,100
-6,600
| -1% | -$70.6K |
|
|
SPWR
2960
CALL
DELISTED
SunPower Corporation Common Stock
SPWR
| $7.11M | ﹤0.01% |
725,600
+137,800
| +23% | +$1.61M |
|
2961
NetEase
NTES
$80B
| $7.1M | ﹤0.01% |
73,465
+28,300
| +63% | +$2.56M |
|
2962
Acuity Brands
AYI
$10.6B
| $7.1M | ﹤0.01% |
43,538
+35,433
| +437% | +$5.66M |
|
2963
CALL
LPL Financial
LPLA
$29.5B
| $7.09M | ﹤0.01% |
32,600
-19,100
| -37% | -$3.82M |
|
2964
CALL
Direxion Daily S&P Biotech Bull 3X ETF
LABU
$607M
| $7.08M | ﹤0.01% |
59,790
+5,835
| +11% | +$727K |
|
2965
PUT
BlackBerry
BB
$5.19B
| $7.08M | ﹤0.01% |
1,279,400
+578,100
| +82% | +$2.8M |
|
2966
VeriSign
VRSN
$25.8B
| $7.07M | ﹤0.01% |
31,298
-14,757
| -32% | -$3.25M |
|
2967
Plains GP Holdings
PAGP
$5.07B
| $7.07M | ﹤0.01% |
476,765
-463,090
| -49% | -$6.4M |
|
2968
PUT
Vanguard Morningstar Small-Cap Value ETF
VBR
$38.3B
| $7.06M | ﹤0.01% |
42,700
+33,900
| +385% | +$5.34M |
|
|
CUK
2969
DELISTED
Carnival PLC
CUK
| $7.05M | ﹤0.01% |
416,114
+4,781
| +1% | +$50.2K |
|
2970
Floor & Decor
FND
$6.24B
| $7.04M | ﹤0.01% |
67,744
-171,272
| -72% | -$16.4M |
|
2971
Ball Corp
BALL
$16.4B
| $7.04M | ﹤0.01% |
120,978
-260,621
| -68% | -$14.1M |
|
2972
CALL
PureCycle Technologies
PCT
$1.37B
| $7.04M | ﹤0.01% |
658,300
+58,900
| +10% | +$427K |
|
2973
CALL
Sprouts Farmers Market
SFM
$7.75B
| $7.03M | ﹤0.01% |
191,500
+17,300
| +10% | +$604K |
|
2974
Cboe Global Markets
CBOE
$30.8B
| $7.02M | ﹤0.01% |
50,900
-41,620
| -45% | -$5.68M |
|
|
KKR.PRC
2975
DELISTED
KKR & Co. Inc. 6.00% Series C Mandatory Convertible Preferred Stock
KKR.PRC
| $7.02M | ﹤0.01% |
+106,256
| New | +$6.68M |
|
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.