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 | |
|---|---|---|---|---|---|---|
|
CBL
3501
CALL
CBL Properties
CBL
$1.8B
| $5.04M | ﹤0.01% |
228,500
+1,900
| +0.8% | +$44.5K |
|
3502
PUT
IQVIA
IQV
$39B
| $5.03M | ﹤0.01% |
22,400
-26,200
| -54% | -$5.26M |
|
3503
CALL
Burford Capital
BUR
$960M
| $5.03M | ﹤0.01% |
413,300
+287,000
| +227% | +$3.71M |
|
3504
Sweetgreen
SG
$748M
| $5.03M | ﹤0.01% |
392,656
-486,498
| -55% | -$4.5M |
|
3505
Herc Holdings
HRI
$5.8B
| $5.02M | ﹤0.01% |
36,711
-85,988
| -70% | -$9.52M |
|
3506
CALL
Mohawk Industries
MHK
$9.49B
| $5.02M | ﹤0.01% |
48,700
-5,300
| -10% | -$519K |
|
3507
ArcBest
ARCB
$3.19B
| $5.02M | ﹤0.01% |
50,841
-2,399
| -5% | -$214K |
|
3508
CALL
Cooper Companies
COO
$14.9B
| $5.02M | ﹤0.01% |
52,400
+8,000
| +18% | +$750K |
|
3509
PUT
Howmet Aerospace
HWM
$115B
| $5.02M | ﹤0.01% |
101,300
+28,100
| +38% | +$1.25M |
|
3510
CALL
Amprius Technologies
AMPX
$1.83B
| $5.02M | ﹤0.01% |
699,200
+299,000
| +75% | +$2.57M |
|
3511
CALL
Grab
GRAB
$14.8B
| $5.02M | ﹤0.01% |
1,462,800
-593,900
| -29% | -$1.85M |
|
3512
Helen of Troy
HELE
$704M
| $5.01M | ﹤0.01% |
46,390
-11,864
| -20% | -$1.14M |
|
3513
PUT
Booz Allen Hamilton
BAH
$9.32B
| $5.01M | ﹤0.01% |
44,900
+11,400
| +34% | +$1.13M |
|
3514
CALL
Organon & Co
OGN
$3.6B
| $5.01M | ﹤0.01% |
240,700
+146,000
| +154% | +$3.17M |
|
3515
PUT
Northern Oil and Gas
NOG
$2.61B
| $5.01M | ﹤0.01% |
145,900
-102,500
| -41% | -$3.32M |
|
3516
XP
XP
$8.17B
| $5.01M | ﹤0.01% |
213,342
-272,072
| -56% | -$4.62M |
|
3517
Viridian Therapeutics
VRDN
$2.5B
| $5M | ﹤0.01% |
209,996
+117,670
| +127% | +$3.02M |
|
3518
PUT
PIMCO 15+ Year US TIPS Index Exchange-Traded Fund
LTPZ
$740M
| $5M | ﹤0.01% |
83,200
+62,700
| +306% | +$3.79M |
|
3519
STAAR Surgical
STAA
$1.3B
| $4.99M | ﹤0.01% |
95,006
+73,709
| +346% | +$4.49M |
|
|
SMAR
3520
PUT
DELISTED
Smartsheet Inc.
SMAR
| $4.99M | ﹤0.01% |
130,400
+40,800
| +46% | +$1.76M |
|
3521
CALL
Regal Rexnord
RRX
$11.7B
| $4.99M | ﹤0.01% |
32,400
-8,100
| -20% | -$1.1M |
|
3522
indie Semiconductor
INDI
$995M
| $4.98M | ﹤0.01% |
530,266
-117,201
| -18% | -$1.06M |
|
3523
PUT
dLocal
DLO
$4.17B
| $4.98M | ﹤0.01% |
407,900
+110,900
| +37% | +$1.47M |
|
3524
PUT
TripAdvisor
TRIP
$1.26B
| $4.98M | ﹤0.01% |
301,800
-75,200
| -20% | -$1.27M |
|
3525
Coty
COTY
$2.51B
| $4.98M | ﹤0.01% |
404,840
+392,800
| +3,262% | +$4.64M |
|
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.