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 | |
|---|---|---|---|---|---|---|
3476
UFP Industries
UFPI
$4.96B
| $5.09M | ﹤0.01% |
52,424
-78,141
| -60% | -$6.52M |
|
|
SKX
3477
CALL
DELISTED
Skechers
SKX
| $5.08M | ﹤0.01% |
96,500
-97,600
| -50% | -$5M |
|
3478
PUT
Lamar Advertising Co
LAMR
$15.8B
| $5.08M | ﹤0.01% |
51,200
+19,600
| +62% | +$1.9M |
|
3479
PUT
Legend Biotech
LEGN
$3.95B
| $5.08M | ﹤0.01% |
73,600
+39,600
| +116% | +$2.59M |
|
3480
Revolution Medicines
RVMD
$43.7B
| $5.08M | ﹤0.01% |
189,920
-116,903
| -38% | -$2.87M |
|
3481
CALL
Direxion Daily CSI China Internet Index Bull 2X ETF
CWEB
$228M
| $5.08M | ﹤0.01% |
141,500
-37,000
| -21% | -$1.47M |
|
3482
PUT
B&G Foods
BGS
$294M
| $5.07M | ﹤0.01% |
364,500
-460,300
| -56% | -$6.62M |
|
3483
CALL
ACV Auctions
ACVA
$1.4B
| $5.07M | ﹤0.01% |
293,700
-60,400
| -17% | -$923K |
|
|
VTNR
3484
DELISTED
Vertex Energy, Inc
VTNR
| $5.07M | ﹤0.01% |
811,431
+768,052
| +1,771% | +$5.41M |
|
|
TWO
3485
PUT
Two Harbors Investment
TWO
$1.27B
| $5.06M | ﹤0.01% |
364,900
+198,300
| +119% | +$2.62M |
|
3486
PUT
Boot Barn
BOOT
$4.95B
| $5.06M | ﹤0.01% |
59,800
+16,400
| +38% | +$1.2M |
|
3487
Dimensional International High Profitability ETF
DIHP
$6.59B
| $5.06M | ﹤0.01% |
206,803
+175,825
| +568% | +$4.28M |
|
3488
CALL
BWX Technologies
BWXT
$15.9B
| $5.06M | ﹤0.01% |
70,700
-19,400
| -22% | -$1.27M |
|
3489
PUT
VICI Properties
VICI
$29B
| $5.06M | ﹤0.01% |
160,900
+126,500
| +368% | +$4.06M |
|
3490
CALL
Biohaven
BHVN
$2.21B
| $5.06M | ﹤0.01% |
211,400
-2,100
| -1% | -$36.1K |
|
3491
Guardant Health
GH
$21.1B
| $5.05M | ﹤0.01% |
141,149
-203,533
| -59% | -$5.85M |
|
3492
CALL
Sun Communities
SUI
$15B
| $5.05M | ﹤0.01% |
38,700
-21,400
| -36% | -$2.86M |
|
3493
Vicor
VICR
$10.8B
| $5.05M | ﹤0.01% |
93,481
-5,105
| -5% | -$252K |
|
3494
PUT
NCR Voyix
VYX
$1.13B
| $5.05M | ﹤0.01% |
326,326
-56,398
| -15% | -$814K |
|
3495
Nano X Imaging
NNOX
$74.1M
| $5.04M | ﹤0.01% |
325,646
-68,347
| -17% | -$948K |
|
3496
CALL
WEX
WEX
$6.54B
| $5.04M | ﹤0.01% |
27,700
+12,900
| +87% | +$2.28M |
|
3497
iShares Micro-Cap ETF
IWC
$1.52B
| $5.04M | ﹤0.01% |
+46,122
| New | +$4.84M |
|
3498
PUT
Verisk Analytics
VRSK
$23.6B
| $5.04M | ﹤0.01% |
22,300
+11,100
| +99% | +$2.33M |
|
3499
PUT
ArcBest
ARCB
$3.19B
| $5.04M | ﹤0.01% |
51,000
+2,300
| +5% | +$206K |
|
3500
CALL
iRhythm Holdings
IRTC
$4.17B
| $5.04M | ﹤0.01% |
48,300
-24,600
| -34% | -$2.95M |
|
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.