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 | |
|---|---|---|---|---|---|---|
3276
CALL
Direxion Daily Junior Gold Miners Index Bull 2X ETF
JNUG
$534M
| $5.77M | ﹤0.01% |
176,700
+4,900
| +3% | +$196K |
|
3277
PUT
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $5.77M | ﹤0.01% |
94,600
-60,000
| -39% | -$3.44M |
|
3278
Alexandria Real Estate Equities
ARE
$8.28B
| $5.77M | ﹤0.01% |
50,824
-39,861
| -44% | -$4.75M |
|
3279
PUT
ArcelorMittal
MT
$55.7B
| $5.77M | ﹤0.01% |
210,900
-259,100
| -55% | -$7.12M |
|
3280
Liberty Media Series A
FWONA
$23.9B
| $5.75M | ﹤0.01% |
88,874
+46,824
| +111% | +$2.96M |
|
3281
CALL
Procore
PCOR
$9.09B
| $5.75M | ﹤0.01% |
88,400
+29,100
| +49% | +$1.71M |
|
3282
CALL
Dorchester Minerals
DMLP
$1.36B
| $5.73M | ﹤0.01% |
191,400
-54,100
| -22% | -$1.59M |
|
3283
CALL
Gogo Inc
GOGO
$383M
| $5.73M | ﹤0.01% |
336,800
+147,100
| +78% | +$2.17M |
|
3284
PUT
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $5.72M | ﹤0.01% |
56,700
-42,900
| -43% | -$4.31M |
|
|
NSA
3285
DELISTED
National Storage Affiliates Trust
NSA
| $5.72M | ﹤0.01% |
164,109
+4,049
| +3% | +$153K |
|
3286
CALL
Kulicke & Soffa
KLIC
$5.19B
| $5.71M | ﹤0.01% |
96,100
-5,100
| -5% | -$263K |
|
3287
Avista
AVA
$3.28B
| $5.71M | ﹤0.01% |
145,354
-22,886
| -14% | -$971K |
|
3288
PUT
Arcturus Therapeutics
ARCT
$234M
| $5.71M | ﹤0.01% |
199,000
+74,300
| +60% | +$2.02M |
|
3289
CALL
Zillow
ZG
$7.91B
| $5.7M | ﹤0.01% |
115,900
+9,400
| +9% | +$424K |
|
3290
Murphy Oil
MUR
$4.96B
| $5.7M | ﹤0.01% |
148,787
-33,417
| -18% | -$1.23M |
|
3291
CALL
Amkor Technology
AMKR
$14.7B
| $5.7M | ﹤0.01% |
191,500
+121,800
| +175% | +$2.96M |
|
3292
CALL
Advanced Drainage Systems
WMS
$11.4B
| $5.69M | ﹤0.01% |
50,000
+33,800
| +209% | +$3.19M |
|
3293
CALL
RXO
RXO
$3.88B
| $5.69M | ﹤0.01% |
250,800
+135,400
| +117% | +$2.73M |
|
|
SNBR
3294
DELISTED
Sleep Number
SNBR
| $5.68M | ﹤0.01% |
208,295
+149,945
| +257% | +$3.42M |
|
3295
Eagle Materials
EXP
$6.4B
| $5.68M | ﹤0.01% |
30,472
+10,916
| +56% | +$1.74M |
|
3296
PUT
iShares Core S&P Small-Cap ETF
IJR
$114B
| $5.67M | ﹤0.01% |
56,900
-187,400
| -77% | -$17.8M |
|
3297
PUT
iShares 1-3 Year Treasury Bond ETF
SHY
$25.5B
| $5.67M | ﹤0.01% |
69,900
-47,000
| -40% | -$3.84M |
|
3298
BorgWarner
BWA
$14B
| $5.66M | ﹤0.01% |
131,564
-13,530
| -9% | -$556K |
|
3299
CALL
UWM Holdings
UWMC
$2.55B
| $5.65M | ﹤0.01% |
1,008,800
-828,000
| -45% | -$4.46M |
|
3300
Liberty Broadband Class C
LBRDK
$5.21B
| $5.65M | ﹤0.01% |
70,500
-21,381
| -23% | -$1.65M |
|
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.