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 | |
|---|---|---|---|---|---|---|
|
TGH
3301
CALL
DELISTED
Textainer Group Holdings limited
TGH
| $5.65M | ﹤0.01% |
143,400
+34,500
| +32% | +$1.26M |
|
3302
Asana
ASAN
$2.11B
| $5.65M | ﹤0.01% |
256,169
-444,539
| -63% | -$8.91M |
|
3303
CALL
Murphy Oil
MUR
$4.96B
| $5.64M | ﹤0.01% |
147,300
-89,200
| -38% | -$3.29M |
|
|
JKS
3304
PUT
JinkoSolar
JKS
$877M
| $5.64M | ﹤0.01% |
127,100
-36,600
| -22% | -$1.66M |
|
3305
PUT
Meritage Homes
MTH
$4.76B
| $5.63M | ﹤0.01% |
79,200
+38,400
| +94% | +$2.41M |
|
3306
PUT
C.H. Robinson
CHRW
$17.4B
| $5.63M | ﹤0.01% |
59,700
-79,300
| -57% | -$7.67M |
|
3307
Elbit Systems
ESLT
$36.7B
| $5.63M | ﹤0.01% |
+26,928
| New | +$5.21M |
|
3308
CALL
Fluence Energy
FLNC
$2.43B
| $5.63M | ﹤0.01% |
211,200
+24,900
| +13% | +$557K |
|
3309
Bruker
BRKR
$8.79B
| $5.62M | ﹤0.01% |
76,092
+45,456
| +148% | +$3.47M |
|
|
NEE.PRQ
3310
DELISTED
NextEra Energy, Inc. 6.219% Corporate Units
NEE.PRQ
| $5.62M | ﹤0.01% |
114,620
-117,380
| -51% | -$5.73M |
|
3311
Black Hills Corp
BKH
$5.66B
| $5.62M | ﹤0.01% |
93,238
+44,600
| +92% | +$2.83M |
|
3312
CALL
AppFolio
APPF
$7.23B
| $5.61M | ﹤0.01% |
32,600
+13,100
| +67% | +$1.91M |
|
3313
JB Hunt Transport Services
JBHT
$26.3B
| $5.61M | ﹤0.01% |
30,982
-22,326
| -42% | -$3.88M |
|
3314
Citizens Financial Group
CFG
$31.5B
| $5.6M | ﹤0.01% |
214,789
-233,275
| -52% | -$6.43M |
|
3315
PUT
FIVE9
FIVN
$2.47B
| $5.6M | ﹤0.01% |
67,900
-16,100
| -19% | -$1.08M |
|
3316
Grocery Outlet
GO
$1.1B
| $5.59M | ﹤0.01% |
182,626
+91,523
| +100% | +$2.68M |
|
3317
Canadian National Railway
CNI
$76.7B
| $5.59M | ﹤0.01% |
46,138
+44,301
| +2,412% | +$5.25M |
|
3318
Global X Cloud Computing ETF
CLOU
$274M
| $5.58M | ﹤0.01% |
281,462
+179,889
| +177% | +$3.25M |
|
3319
CALL
Vipshop
VIPS
$6.81B
| $5.58M | ﹤0.01% |
338,300
+94,700
| +39% | +$1.48M |
|
|
TEN
3320
Tsakos Energy Navigation Ltd
TEN
$1.25B
| $5.58M | ﹤0.01% |
312,951
+208,035
| +198% | +$3.65M |
|
3321
PUT
Wendy's
WEN
$1.65B
| $5.58M | ﹤0.01% |
256,400
+164,200
| +178% | +$3.66M |
|
3322
CALL
Leidos
LDOS
$18B
| $5.57M | ﹤0.01% |
63,000
-2,700
| -4% | -$230K |
|
3323
Direxion Daily Small Cap Bull 3x ETF
TNA
$1.52B
| $5.56M | ﹤0.01% |
157,635
-138,046
| -47% | -$4.33M |
|
3324
Deutsche Bank
DB
$72.5B
| $5.56M | ﹤0.01% |
528,245
-806,377
| -60% | -$8.49M |
|
3325
PUT
Direxion Daily Small Cap Bear 3x ETF
TZA
$196M
| $5.56M | ﹤0.01% |
21,140
-38,650
| -65% | -$12M |
|
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.