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 | |
|---|---|---|---|---|---|---|
3176
PUT
Fomento Económico Mexicano
FMX
$40.2B
| $6.11M | ﹤0.01% |
55,100
-4,600
| -8% | -$463K |
|
3177
AMN Healthcare
AMN
$1.33B
| $6.11M | ﹤0.01% |
55,957
+1,281
| +2% | +$121K |
|
3178
CALL
ArcBest
ARCB
$3.19B
| $6.11M | ﹤0.01% |
61,800
-66,900
| -52% | -$5.98M |
|
3179
Innoviz Technologies
INVZ
$107M
| $6.1M | ﹤0.01% |
2,149,391
+795,780
| +59% | +$2.2M |
|
3180
US Global Jets ETF
JETS
$823M
| $6.1M | ﹤0.01% |
284,921
+81,792
| +40% | +$1.54M |
|
3181
PUT
Ethan Allen Interiors
ETD
$579M
| $6.09M | ﹤0.01% |
215,500
+197,300
| +1,084% | +$5.36M |
|
3182
CALL
ZipRecruiter
ZIP
$386M
| $6.08M | ﹤0.01% |
342,600
-297,700
| -46% | -$4.9M |
|
3183
Equinox Gold
EQX
$13.6B
| $6.08M | ﹤0.01% |
1,328,342
-88,871
| -6% | -$446K |
|
3184
PUT
Aurinia Pharmaceuticals
AUPH
$2.06B
| $6.08M | ﹤0.01% |
628,300
-90,400
| -13% | -$938K |
|
|
SPYM
3185
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $6.07M | ﹤0.01% |
116,580
-76,438
| -40% | -$3.77M |
|
3186
PUT
Allegiant Air
ALGT
$2.33B
| $6.07M | ﹤0.01% |
48,100
+20,900
| +77% | +$2.19M |
|
3187
PUT
Ionis Pharmaceuticals
IONS
$9.47B
| $6.07M | ﹤0.01% |
148,000
+107,300
| +264% | +$4.12M |
|
3188
PUT
Lamb Weston
LW
$7.33B
| $6.07M | ﹤0.01% |
52,800
-101,600
| -66% | -$11.3M |
|
3189
iQIYI
IQ
$1.31B
| $6.06M | ﹤0.01% |
1,135,742
+436,535
| +62% | +$2.45M |
|
3190
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.59B
| $6.06M | ﹤0.01% |
210,937
+180,780
| +599% | +$4.8M |
|
3191
CALL
Beam Therapeutics
BEAM
$2.77B
| $6.06M | ﹤0.01% |
189,800
+92,100
| +94% | +$2.99M |
|
3192
Incyte
INCY
$24.4B
| $6.06M | ﹤0.01% |
97,307
-25,773
| -21% | -$1.72M |
|
3193
PUT
Yum China
YUMC
$16.3B
| $6.06M | ﹤0.01% |
107,200
-25,200
| -19% | -$1.52M |
|
3194
CALL
ARK Blockchain & Fintech Innovation ETF
ARKF
$773M
| $6.05M | ﹤0.01% |
289,400
+12,100
| +4% | +$230K |
|
3195
CALL
EPR Properties
EPR
$4.7B
| $6.05M | ﹤0.01% |
129,300
-40,200
| -24% | -$1.7M |
|
3196
CALL
Franklin Resources
BEN
$17.2B
| $6.05M | ﹤0.01% |
226,500
-52,400
| -19% | -$1.35M |
|
3197
PUT
Protagonist Therapeutics
PTGX
$10.1B
| $6.05M | ﹤0.01% |
219,000
+75,300
| +52% | +$1.88M |
|
3198
Steris
STE
$22.7B
| $6.05M | ﹤0.01% |
26,882
-25,947
| -49% | -$5.19M |
|
3199
Eastman Chemical
EMN
$8.48B
| $6.04M | ﹤0.01% |
72,195
-35,480
| -33% | -$2.88M |
|
3200
CALL
SS&C Technologies
SSNC
$19.1B
| $6.04M | ﹤0.01% |
99,700
-293,800
| -75% | -$16.7M |
|
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.