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 | |
|---|---|---|---|---|---|---|
2976
InfraCap MLP ETF
AMZA
$481M
| $7.01M | ﹤0.01% |
211,542
+172,800
| +446% | +$5.57M |
|
|
DEN
2977
CALL
DELISTED
Denbury Inc.
DEN
| $7.01M | ﹤0.01% |
81,300
-300
| -0.4% | -$27.2K |
|
2978
GoDaddy
GDDY
$12.2B
| $7.01M | ﹤0.01% |
93,330
+60,395
| +183% | +$4.46M |
|
2979
State Street SPDR S&P Metals & Mining ETF
XME
$4.56B
| $7.01M | ﹤0.01% |
137,969
+23,733
| +21% | +$1.17M |
|
2980
Bank of Hawaii
BOH
$3.17B
| $7.01M | ﹤0.01% |
170,056
+113,544
| +201% | +$5.02M |
|
2981
Affirm
AFRM
$26.3B
| $7.01M | ﹤0.01% |
457,037
-17,057
| -4% | -$226K |
|
|
AKRO
2982
CALL
DELISTED
Akero Therapeutics
AKRO
| $6.99M | ﹤0.01% |
149,800
+39,800
| +36% | +$1.82M |
|
2983
CALL
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.8B
| $6.99M | ﹤0.01% |
161,800
+3,000
| +2% | +$124K |
|
2984
PUT
MPLX
MPLX
$60B
| $6.99M | ﹤0.01% |
205,900
+109,200
| +113% | +$3.73M |
|
2985
Federal Agricultural Mortgage
AGM
$2.51B
| $6.99M | ﹤0.01% |
48,616
+38,206
| +367% | +$5.24M |
|
|
HOLX
2986
PUT
DELISTED
Hologic
HOLX
| $6.98M | ﹤0.01% |
86,200
+60,100
| +230% | +$4.91M |
|
2987
Alkermes
ALKS
$8.28B
| $6.97M | ﹤0.01% |
222,837
-79,921
| -26% | -$2.42M |
|
2988
PUT
Dycom Industries
DY
$12.5B
| $6.97M | ﹤0.01% |
61,300
+6,200
| +11% | +$613K |
|
2989
CALL
Vanguard World Funds Extended Duration ETF
EDV
$3.44B
| $6.96M | ﹤0.01% |
79,900
-41,700
| -34% | -$3.64M |
|
|
IPG
2990
DELISTED
Interpublic Group of Companies
IPG
| $6.96M | ﹤0.01% |
180,313
-196,726
| -52% | -$7.42M |
|
2991
CALL
iShares US Medical Devices ETF
IHI
$3.48B
| $6.96M | ﹤0.01% |
123,200
-13,200
| -10% | -$727K |
|
2992
CALL
MP Materials
MP
$10.8B
| $6.95M | ﹤0.01% |
303,700
-586,700
| -66% | -$13.4M |
|
2993
PUT
Copart
CPRT
$29.1B
| $6.94M | ﹤0.01% |
152,200
-25,600
| -14% | -$1.06M |
|
|
GOOS
2994
PUT
Canada Goose Holdings
GOOS
$849M
| $6.92M | ﹤0.01% |
388,800
-46,800
| -11% | -$841K |
|
2995
PUT
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $6.91M | ﹤0.01% |
90,800
+46,200
| +104% | +$2.56M |
|
2996
Penumbra
PEN
$12.9B
| $6.91M | ﹤0.01% |
20,084
+7,765
| +63% | +$2.38M |
|
2997
Tecnoglass Holdings Inc.
TGLS
$1.86B
| $6.9M | ﹤0.01% |
133,485
+94,637
| +244% | +$4.21M |
|
2998
CALL
Noble Corp
NE
$7.23B
| $6.89M | ﹤0.01% |
166,900
-302,000
| -64% | -$11.6M |
|
2999
PUT
CDW
CDW
$17.4B
| $6.88M | ﹤0.01% |
37,500
+20,600
| +122% | +$3.6M |
|
|
PPL
3000
PPL Corp
PPL
$27B
| $6.88M | ﹤0.01% |
259,946
-257,481
| -50% | -$7.1M |
|
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.