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 | |
|---|---|---|---|---|---|---|
3426
Highwoods Properties
HIW
$3.48B
| $5.24M | ﹤0.01% |
218,996
+123,441
| +129% | +$2.73M |
|
3427
Kornit Digital
KRNT
$775M
| $5.24M | ﹤0.01% |
178,267
+24,991
| +16% | +$565K |
|
|
AMED
3428
PUT
DELISTED
Amedisys
AMED
| $5.23M | ﹤0.01% |
+57,200
| New | +$4.69M |
|
3429
Atkore
ATKR
$3.17B
| $5.23M | ﹤0.01% |
33,509
-5,524
| -14% | -$724K |
|
3430
CALL
LGI Homes
LGIH
$1.39B
| $5.22M | ﹤0.01% |
38,700
-50,700
| -57% | -$6.08M |
|
|
WCN
3431
CALL
Waste Connections
WCN
$41.8B
| $5.22M | ﹤0.01% |
36,500
-24,400
| -40% | -$3.4M |
|
3432
Western Union
WU
$2.32B
| $5.22M | ﹤0.01% |
444,672
-684,555
| -61% | -$7.89M |
|
3433
Builders FirstSource
BLDR
$7.8B
| $5.22M | ﹤0.01% |
38,348
-80,187
| -68% | -$8.92M |
|
3434
PUT
ZTO Express
ZTO
$17.4B
| $5.2M | ﹤0.01% |
207,500
-171,800
| -45% | -$4.73M |
|
|
NOVA
3435
PUT
DELISTED
Sunnova Energy
NOVA
| $5.2M | ﹤0.01% |
284,200
-65,800
| -19% | -$1.12M |
|
|
AMJ
3436
DELISTED
JP Morgan Alerian MLP Index ETN 5/24/24
AMJ
| $5.2M | ﹤0.01% |
226,804
+10,867
| +5% | +$244K |
|
3437
Vermilion Energy
VET
$1.73B
| $5.2M | ﹤0.01% |
417,339
-210,773
| -34% | -$2.6M |
|
|
TEAD
3438
Teads Holding Co
TEAD
$66.8M
| $5.19M | ﹤0.01% |
1,055,474
+5,250
| +0.5% | +$23.1K |
|
3439
CALL
Leggett & Platt
LEG
$1.32B
| $5.19M | ﹤0.01% |
175,300
+2,400
| +1% | +$75.5K |
|
3440
Designer Brands
DBI
$299M
| $5.19M | ﹤0.01% |
513,466
+396,447
| +339% | +$3.27M |
|
3441
PUT
BridgeBio Pharma
BBIO
$15.6B
| $5.19M | ﹤0.01% |
301,500
-39,400
| -12% | -$593K |
|
3442
CALL
CDW
CDW
$17.4B
| $5.17M | ﹤0.01% |
28,200
-5,500
| -16% | -$961K |
|
3443
CALL
BorgWarner
BWA
$14B
| $5.17M | ﹤0.01% |
120,189
-27,377
| -19% | -$1.13M |
|
3444
CALL
Vanguard Financials ETF
VFH
$14B
| $5.17M | ﹤0.01% |
63,600
+17,600
| +38% | +$1.38M |
|
3445
Five Below
FIVE
$13.5B
| $5.16M | ﹤0.01% |
26,278
+4,460
| +20% | +$872K |
|
3446
Sinclair Inc
SBGI
$1.07B
| $5.16M | ﹤0.01% |
373,704
+124,485
| +50% | +$2.06M |
|
3447
CenterPoint Energy
CNP
$26.9B
| $5.16M | ﹤0.01% |
176,980
-171,692
| -49% | -$5.07M |
|
3448
Equity Lifestyle Properties
ELS
$12.7B
| $5.16M | ﹤0.01% |
77,088
-20,297
| -21% | -$1.35M |
|
3449
iShares Russell Top 200 ETF
IWL
$2.29B
| $5.15M | ﹤0.01% |
48,309
+19,689
| +69% | +$1.98M |
|
3450
Anavex Life Sciences
AVXL
$298M
| $5.15M | ﹤0.01% |
633,639
+24,845
| +4% | +$213K |
|
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.