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 | |
|---|---|---|---|---|---|---|
3201
Sun Life Financial
SLF
$45.1B
| $6.04M | ﹤0.01% |
+115,900
| New | +$5.69M |
|
|
LSXMK
3202
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $6.04M | ﹤0.01% |
238,047
-42,250
| -15% | -$945K |
|
3203
PUT
Doximity
DOCS
$4.45B
| $6.03M | ﹤0.01% |
177,300
+67,700
| +62% | +$2.25M |
|
3204
CALL
Medpace
MEDP
$16.2B
| $6.03M | ﹤0.01% |
25,100
+21,100
| +528% | +$4.38M |
|
3205
CALL
SandRidge Energy
SD
$518M
| $6.03M | ﹤0.01% |
395,100
-26,100
| -6% | -$383K |
|
3206
Credicorp
BAP
$30.6B
| $6.02M | ﹤0.01% |
40,792
+35,193
| +629% | +$4.83M |
|
3207
CALL
Arrowhead Research
ARWR
$12.3B
| $6.02M | ﹤0.01% |
168,800
+69,300
| +70% | +$2.39M |
|
3208
iShares US Financial Services ETF
IYG
$2.23B
| $6.02M | ﹤0.01% |
114,231
-93,132
| -45% | -$4.72M |
|
3209
PUT
Flex
FLEX
$46.5B
| $6.01M | ﹤0.01% |
288,755
+43,658
| +18% | +$778K |
|
|
KDNY
3210
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $6M | ﹤0.01% |
156,194
+77,479
| +98% | +$1.99M |
|
|
BECN
3211
CALL
DELISTED
Beacon Roofing Supply, Inc.
BECN
| $6M | ﹤0.01% |
72,300
-19,500
| -21% | -$1.29M |
|
3212
IDEX
IEX
$17.6B
| $5.99M | ﹤0.01% |
27,829
-16,796
| -38% | -$3.53M |
|
3213
CALL
Marriott Vacations Worldwide
VAC
$4.15B
| $5.99M | ﹤0.01% |
48,800
-8,600
| -15% | -$1.11M |
|
3214
CALL
Invesco
IVZ
$14.4B
| $5.99M | ﹤0.01% |
356,100
+112,300
| +46% | +$1.81M |
|
3215
PUT
New Fortress Energy
NFE
$92.6M
| $5.99M | ﹤0.01% |
223,500
-340,700
| -60% | -$9.88M |
|
3216
Wintrust Financial
WTFC
$11B
| $5.98M | ﹤0.01% |
82,373
+29,502
| +56% | +$2.01M |
|
3217
PUT
DHT Holdings
DHT
$3.15B
| $5.98M | ﹤0.01% |
701,200
+197,100
| +39% | +$1.73M |
|
3218
Warner Music
WMG
$13.5B
| $5.98M | ﹤0.01% |
229,145
+185,672
| +427% | +$5.14M |
|
3219
PUT
Direxion Daily Semiconductor Bear 3X ETF
SOXS
$1.4B
| $5.98M | ﹤0.01% |
303
+89
| +42% | +$2.83M |
|
3220
Rollins
ROL
$17.4B
| $5.97M | ﹤0.01% |
139,434
-45,015
| -24% | -$1.83M |
|
3221
CALL
OR Royalties Inc
OR
$6.26B
| $5.96M | ﹤0.01% |
388,000
+276,900
| +249% | +$4.48M |
|
3222
iShares Core MSCI EAFE ETF
IEFA
$196B
| $5.96M | ﹤0.01% |
88,348
-1,597,780
| -95% | -$108M |
|
3223
Direxion Daily S&P 500 Bull 3x ETF
SPXL
$7.36B
| $5.95M | ﹤0.01% |
66,138
-127,972
| -66% | -$9.92M |
|
|
HUT
3224
Hut 8
HUT
$10.6B
| $5.95M | ﹤0.01% |
360,402
+86,876
| +32% | +$891K |
|
|
3225
CALL
DHT Holdings
DHT
$3.15B
| $5.94M | ﹤0.01% |
696,800
+394,100
| +130% | +$3.45M |
|
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.