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 | |
|---|---|---|---|---|---|---|
3551
CALL
Bausch + Lomb
BLCO
$6.09B
| $4.86M | ﹤0.01% |
242,400
+171,100
| +240% | +$3.1M |
|
3552
PUT
United Microelectronic
UMC
$48B
| $4.86M | ﹤0.01% |
615,400
+134,900
| +28% | +$1.11M |
|
3553
PUT
DigitalBridge
DBRG
$2.94B
| $4.85M | ﹤0.01% |
330,000
+162,800
| +97% | +$2M |
|
3554
CALL
Lumen
LUMN
$6.93B
| $4.85M | ﹤0.01% |
2,147,700
+221,500
| +11% | +$488K |
|
3555
PUT
Teledyne Technologies
TDY
$31.5B
| $4.85M | ﹤0.01% |
11,800
-7,200
| -38% | -$2.97M |
|
3556
Doximity
DOCS
$4.42B
| $4.85M | ﹤0.01% |
142,468
-138,442
| -49% | -$4.61M |
|
3557
CALL
Sprott Uranium Miners ETF
URNM
$2B
| $4.84M | ﹤0.01% |
144,300
-34,600
| -19% | -$1.09M |
|
3558
iShares MSCI EAFE Growth ETF
EFG
$17.3B
| $4.84M | ﹤0.01% |
+50,756
| New | +$4.83M |
|
3559
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $4.84M | ﹤0.01% |
102,885
-469,040
| -82% | -$20.2M |
|
3560
CALL
Autoliv
ALV
$8.94B
| $4.84M | ﹤0.01% |
56,900
+8,600
| +18% | +$745K |
|
3561
Western Alliance Bancorporation
WAL
$8.98B
| $4.84M | ﹤0.01% |
132,646
-356,455
| -73% | -$12.4M |
|
3562
Robinhood
HOOD
$85.9B
| $4.84M | ﹤0.01% |
484,632
-707,305
| -59% | -$6.59M |
|
3563
Arcosa
ACA
$7.14B
| $4.84M | ﹤0.01% |
63,824
+17,914
| +39% | +$1.2M |
|
3564
CALL
Algoma Steel
ASTL
$452M
| $4.83M | ﹤0.01% |
680,900
+2,800
| +0.4% | +$20.8K |
|
3565
Privia Health
PRVA
$2.81B
| $4.83M | ﹤0.01% |
185,107
+148,683
| +408% | +$3.93M |
|
|
LNW
3566
DELISTED
Light & Wonder
LNW
| $4.83M | ﹤0.01% |
70,279
+24,931
| +55% | +$1.55M |
|
3567
Kilroy Realty
KRC
$4.22B
| $4.83M | ﹤0.01% |
160,533
+95,044
| +145% | +$2.77M |
|
|
HUT
3568
PUT
Hut 8
HUT
$10.5B
| $4.82M | ﹤0.01% |
292,280
+137,800
| +89% | +$1.41M |
|
3569
Rocket Lab Corp
RKLB
$51.3B
| $4.82M | ﹤0.01% |
803,287
+261,987
| +48% | +$1.2M |
|
3570
CALL
Vanguard Total Bond Market
BND
$161B
| $4.82M | ﹤0.01% |
66,300
-7,900
| -11% | -$579K |
|
3571
International Paper
IP
$21.6B
| $4.82M | ﹤0.01% |
151,472
-158,534
| -51% | -$5.19M |
|
3572
Hertz
HTZ
$798M
| $4.82M | ﹤0.01% |
261,960
-374,237
| -59% | -$6.13M |
|
3573
PUT
Freedom Holding
FRHC
$9.34B
| $4.82M | ﹤0.01% |
59,600
+53,600
| +893% | +$4.21M |
|
3574
Bread Financial
BFH
$4.58B
| $4.81M | ﹤0.01% |
153,292
-63,470
| -29% | -$1.82M |
|
3575
CALL
Nano X Imaging
NNOX
$74.1M
| $4.81M | ﹤0.01% |
310,500
+221,300
| +248% | +$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.