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 | |
|---|---|---|---|---|---|---|
|
SNV
3051
PUT
DELISTED
Synovus
SNV
| $6.65M | ﹤0.01% |
219,900
+121,400
| +123% | +$3.55M |
|
3052
CALL
Wyndham Hotels & Resorts
WH
$5.48B
| $6.65M | ﹤0.01% |
97,000
+70,500
| +266% | +$4.81M |
|
|
LAZR
3053
DELISTED
Luminar Technologies
LAZR
| $6.65M | ﹤0.01% |
64,429
-486
| -0.7% | -$45.9K |
|
3054
PUT
Vertiv
VRT
$113B
| $6.64M | ﹤0.01% |
268,200
+36,600
| +16% | +$628K |
|
3055
Vanguard Information Technology ETF
VGT
$150B
| $6.64M | ﹤0.01% |
120,096
-103,528
| -46% | -$5.2M |
|
3056
CALL
Rocket Companies
RKT
$42.2B
| $6.64M | ﹤0.01% |
740,800
-206,300
| -22% | -$1.79M |
|
3057
Hartford Financial Services
HIG
$37.9B
| $6.63M | ﹤0.01% |
92,101
-231,801
| -72% | -$16.3M |
|
3058
PUT
Globant
GLOB
$1.59B
| $6.63M | ﹤0.01% |
36,900
+1,000
| +3% | +$164K |
|
3059
PUT
Radware
RDWR
$1.23B
| $6.62M | ﹤0.01% |
341,600
+325,300
| +1,996% | +$6.5M |
|
3060
CALL
RUM Group Inc
RUM
$3.74B
| $6.61M | ﹤0.01% |
741,200
+161,200
| +28% | +$1.52M |
|
3061
CALL
Blink Charging
BLNK
$85.3M
| $6.61M | ﹤0.01% |
1,103,500
+405,800
| +58% | +$2.81M |
|
3062
Samsara
IOT
$23.4B
| $6.6M | ﹤0.01% |
238,139
+132,954
| +126% | +$2.95M |
|
3063
CALL
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $6.6M | ﹤0.01% |
66,075
+50,335
| +320% | +$7.13M |
|
3064
Meritage Homes
MTH
$4.77B
| $6.6M | ﹤0.01% |
92,712
+50,314
| +119% | +$3.16M |
|
3065
Xerox
XRX
$407M
| $6.59M | ﹤0.01% |
442,703
+242,393
| +121% | +$3.55M |
|
3066
CALL
CenterPoint Energy
CNP
$26.9B
| $6.59M | ﹤0.01% |
226,100
+136,000
| +151% | +$4.02M |
|
|
DM
3067
DELISTED
Desktop Metal, Inc.
DM
| $6.59M | ﹤0.01% |
372,318
-131,647
| -26% | -$2.64M |
|
3068
PUT
Trip.com Group
TCOM
$28.3B
| $6.59M | ﹤0.01% |
188,200
-73,900
| -28% | -$2.57M |
|
3069
State Street SPDR S&P Bank ETF
KBE
$1.75B
| $6.58M | ﹤0.01% |
182,751
-117,942
| -39% | -$4.2M |
|
3070
PUT
Sibanye-Stillwater
SBSW
$7.62B
| $6.58M | ﹤0.01% |
1,054,200
-187,200
| -15% | -$1.48M |
|
3071
Natera
NTRA
$44.7B
| $6.57M | ﹤0.01% |
135,102
+61,798
| +84% | +$3.15M |
|
|
BLD
3072
DELISTED
TopBuild
BLD
| $6.57M | ﹤0.01% |
24,687
+19,574
| +383% | +$4.3M |
|
3073
PUT
FirstEnergy
FE
$27.4B
| $6.56M | ﹤0.01% |
168,800
+59,200
| +54% | +$2.32M |
|
3074
Quest Diagnostics
DGX
$26.1B
| $6.56M | ﹤0.01% |
46,674
-16,062
| -26% | -$2.21M |
|
|
VTLE
3075
PUT
DELISTED
Vital Energy
VTLE
| $6.56M | ﹤0.01% |
145,300
-17,300
| -11% | -$782K |
|
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.