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 | |
|---|---|---|---|---|---|---|
3326
Cathay General Bancorp
CATY
$4.33B
| $5.56M | ﹤0.01% |
172,692
+117,043
| +210% | +$3.72M |
|
3327
PUT
Global X Robotics & Artificial Intelligence ETF
BOTZ
$3.58B
| $5.55M | ﹤0.01% |
193,000
+175,200
| +984% | +$4.65M |
|
3328
Lithia Motors
LAD
$8.3B
| $5.54M | ﹤0.01% |
18,233
+15,398
| +543% | +$3.69M |
|
3329
iShares TIPS Bond ETF
TIP
$14.7B
| $5.54M | ﹤0.01% |
51,440
+42,632
| +484% | +$4.64M |
|
3330
PUT
Cal-Maine
CALM
$3.8B
| $5.54M | ﹤0.01% |
123,000
-191,000
| -61% | -$9.48M |
|
|
VSXY
3331
CALL
Victoria's Secret
VSXY
$7.08B
| $5.53M | ﹤0.01% |
317,500
-182,400
| -36% | -$4.6M |
|
3332
HEICO Corp
HEI
$52.4B
| $5.53M | ﹤0.01% |
31,247
+15,343
| +96% | +$2.59M |
|
3333
CALL
Terex
TEX
$7.76B
| $5.53M | ﹤0.01% |
92,400
-10,900
| -11% | -$541K |
|
3334
CALL
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $5.52M | ﹤0.01% |
19,500
-2,300
| -11% | -$593K |
|
|
VTNR
3335
CALL
DELISTED
Vertex Energy, Inc
VTNR
| $5.51M | ﹤0.01% |
881,800
-1,209,700
| -58% | -$8.52M |
|
3336
Packaging Corp of America
PKG
$22.8B
| $5.51M | ﹤0.01% |
41,691
-34,801
| -45% | -$4.65M |
|
3337
CALL
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $5.51M | ﹤0.01% |
97,200
+86,900
| +844% | +$4.58M |
|
3338
Compañía de Minas Buenaventura
BVN
$8.57B
| $5.5M | ﹤0.01% |
747,656
+713,807
| +2,109% | +$5.26M |
|
3339
Texas Capital Bancshares
TCBI
$4.39B
| $5.49M | ﹤0.01% |
106,644
+53,321
| +100% | +$2.66M |
|
3340
CALL
BlackBerry
BB
$5.22B
| $5.49M | ﹤0.01% |
992,900
-953,200
| -49% | -$4.62M |
|
3341
iShares MSCI Germany ETF
EWG
$1.68B
| $5.49M | ﹤0.01% |
192,184
+178,975
| +1,355% | +$5.14M |
|
3342
PUT
H&R Block
HRB
$6.83B
| $5.49M | ﹤0.01% |
172,200
-47,500
| -22% | -$1.53M |
|
3343
Uranium Energy
UEC
$5.55B
| $5.48M | ﹤0.01% |
1,612,016
+87,450
| +6% | +$250K |
|
3344
CALL
Vanguard Total International Stock ETF
VXUS
$164B
| $5.48M | ﹤0.01% |
97,700
-194,700
| -67% | -$10.9M |
|
3345
Bumble
BMBL
$358M
| $5.47M | ﹤0.01% |
326,227
+50,061
| +18% | +$865K |
|
|
SRG
3346
CALL
Seritage Growth Properties
SRG
$128M
| $5.47M | ﹤0.01% |
613,400
+169,000
| +38% | +$1.35M |
|
|
LOGC
3347
CALL
DELISTED
ContextLogic
LOGC
| $5.46M | ﹤0.01% |
830,300
+804,323
| +3,096% | +$6.37M |
|
3348
iShares Russell 3000 ETF
IWV
$20.5B
| $5.46M | ﹤0.01% |
21,449
-1,889
| -8% | -$454K |
|
3349
PUT
CVR Energy
CVI
$3.54B
| $5.45M | ﹤0.01% |
181,900
+152,400
| +517% | +$4.1M |
|
3350
Dana Inc
DAN
$3.26B
| $5.44M | ﹤0.01% |
320,258
-155,746
| -33% | -$2.27M |
|
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.