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 | |
|---|---|---|---|---|---|---|
3376
TriNet
TNET
$3.16B
| $5.36M | ﹤0.01% |
56,388
-14,668
| -21% | -$1.33M |
|
3377
Avery Dennison
AVY
$13.6B
| $5.35M | ﹤0.01% |
31,138
-39,771
| -56% | -$6.8M |
|
3378
CALL
NNN REIT
NNN
$8.83B
| $5.35M | ﹤0.01% |
125,000
-10,800
| -8% | -$465K |
|
3379
CALL
World Acceptance Corp
WRLD
$908M
| $5.35M | ﹤0.01% |
39,900
-28,100
| -41% | -$3.02M |
|
3380
Pacer Data & Infrastructure Real Estate ETF
SRVR
$391M
| $5.35M | ﹤0.01% |
183,053
+158,182
| +636% | +$4.59M |
|
3381
CALL
Dycom Industries
DY
$12.6B
| $5.34M | ﹤0.01% |
47,000
+5,500
| +13% | +$544K |
|
3382
Ginkgo Bioworks
DNA
$457M
| $5.34M | ﹤0.01% |
71,789
+7,350
| +11% | +$435K |
|
3383
PUT
SandRidge Energy
SD
$520M
| $5.34M | ﹤0.01% |
350,200
-51,700
| -13% | -$759K |
|
3384
CALL
Philips
PHG
$26.7B
| $5.33M | ﹤0.01% |
274,902
+237,297
| +631% | +$4.15M |
|
3385
Cracker Barrel
CBRL
$1.29B
| $5.33M | ﹤0.01% |
57,231
+41,104
| +255% | +$4.22M |
|
3386
PUT
Infosys
INFY
$49B
| $5.33M | ﹤0.01% |
331,800
+162,700
| +96% | +$2.54M |
|
3387
SiTime
SITM
$21.4B
| $5.33M | ﹤0.01% |
45,171
+34,768
| +334% | +$3.79M |
|
3388
PUT
Blink Charging
BLNK
$85.9M
| $5.33M | ﹤0.01% |
889,200
+405,700
| +84% | +$2.81M |
|
3389
PUT
STAAR Surgical
STAA
$1.3B
| $5.33M | ﹤0.01% |
101,300
+61,900
| +157% | +$3.77M |
|
3390
Regal Rexnord
RRX
$11.7B
| $5.33M | ﹤0.01% |
34,601
+27,407
| +381% | +$3.73M |
|
3391
PUT
Exelon
EXC
$47.2B
| $5.32M | ﹤0.01% |
130,700
+2,500
| +2% | +$103K |
|
3392
United Microelectronic
UMC
$48B
| $5.32M | ﹤0.01% |
674,720
+486,197
| +258% | +$4.01M |
|
3393
CALL
QuidelOrtho
QDEL
$981M
| $5.32M | ﹤0.01% |
64,200
-37,200
| -37% | -$3.26M |
|
3394
CALL
H&R Block
HRB
$6.83B
| $5.32M | ﹤0.01% |
166,800
-169,400
| -50% | -$5.47M |
|
|
VTYX
3395
PUT
DELISTED
Ventyx Biosciences
VTYX
| $5.31M | ﹤0.01% |
162,000
+127,000
| +363% | +$4.38M |
|
3396
Nordic American Tanker
NAT
$1.42B
| $5.31M | ﹤0.01% |
1,446,766
+175,507
| +14% | +$634K |
|
3397
PUT
uniQure
QURE
$3.37B
| $5.31M | ﹤0.01% |
463,200
+427,900
| +1,212% | +$8.11M |
|
3398
CALL
Hubbell
HUBB
$27B
| $5.3M | ﹤0.01% |
16,000
-9,500
| -37% | -$2.63M |
|
3399
CALL
Everest Group
EG
$14.2B
| $5.3M | ﹤0.01% |
15,500
+2,900
| +23% | +$1.05M |
|
3400
Goldman Sachs ActiveBeta US Large Cap Equity ETF
GSLC
$16.1B
| $5.3M | ﹤0.01% |
60,682
+36,981
| +156% | +$3.07M |
|
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.