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 | |
|---|---|---|---|---|---|---|
3601
CALL
Vanguard FTSE Europe ETF
VGK
$31.1B
| $4.74M | ﹤0.01% |
76,800
-3,800
| -5% | -$236K |
|
3602
PUT
Asbury Automotive
ABG
$3.78B
| $4.74M | ﹤0.01% |
19,700
+7,400
| +60% | +$1.56M |
|
3603
Molson Coors Class B
TAP
$7.97B
| $4.73M | ﹤0.01% |
71,909
-98,350
| -58% | -$6.08M |
|
3604
Red Robin
RRGB
$188M
| $4.73M | ﹤0.01% |
342,171
+210,807
| +160% | +$2.83M |
|
3605
CALL
Delek US
DK
$4.01B
| $4.73M | ﹤0.01% |
197,500
-110,200
| -36% | -$2.5M |
|
3606
Simply Good Foods
SMPL
$1B
| $4.73M | ﹤0.01% |
129,197
+64,678
| +100% | +$2.38M |
|
3607
PUT
Guardant Health
GH
$21.1B
| $4.73M | ﹤0.01% |
132,000
+23,400
| +22% | +$672K |
|
3608
PubMatic
PUBM
$801M
| $4.73M | ﹤0.01% |
258,507
+42,648
| +20% | +$678K |
|
3609
CALL
First Majestic Silver
AG
$9.49B
| $4.73M | ﹤0.01% |
836,300
-890,700
| -52% | -$5.71M |
|
3610
PUT
Direxion Daily Healthcare Bull 3X ETF
CURE
$187M
| $4.72M | ﹤0.01% |
47,200
-11,800
| -20% | -$1.17M |
|
3611
PUT
EPR Properties
EPR
$4.69B
| $4.71M | ﹤0.01% |
100,700
+5,100
| +5% | +$215K |
|
3612
PUT
iShares Russell 2000 Value ETF
IWN
$14.7B
| $4.7M | ﹤0.01% |
33,400
-57,200
| -63% | -$7.73M |
|
3613
PUT
Medifast
MED
$128M
| $4.7M | ﹤0.01% |
51,000
+8,700
| +21% | +$775K |
|
|
ETNB
3614
DELISTED
89bio
ETNB
| $4.7M | ﹤0.01% |
247,796
-396,305
| -62% | -$6.96M |
|
3615
PUT
Zillow
ZG
$7.91B
| $4.69M | ﹤0.01% |
95,300
+16,800
| +21% | +$758K |
|
3616
Whirlpool
WHR
$2.7B
| $4.68M | ﹤0.01% |
31,476
-33,134
| -51% | -$4.55M |
|
3617
Factset
FDS
$10.1B
| $4.68M | ﹤0.01% |
11,672
-7,434
| -39% | -$3M |
|
3618
CALL
Concentrix
CNXC
$1.49B
| $4.68M | ﹤0.01% |
57,900
-10,500
| -15% | -$982K |
|
3619
PUT
AdvisorShares Pure US Cannabis ETF
MSOS
$930M
| $4.67M | ﹤0.01% |
843,500
+481,200
| +133% | +$2.64M |
|
|
TWNK
3620
DELISTED
Hostess Brands, Inc. Class A Common Stock
TWNK
| $4.67M | ﹤0.01% |
184,480
-38,880
| -17% | -$997K |
|
3621
Corebridge Financial
CRBG
$15.4B
| $4.67M | ﹤0.01% |
264,435
-332,467
| -56% | -$5.55M |
|
3622
CALL
Kyndryl
KD
$2.87B
| $4.67M | ﹤0.01% |
351,600
-235,500
| -40% | -$3.19M |
|
3623
PTC Therapeutics
PTCT
$5.98B
| $4.67M | ﹤0.01% |
114,806
-7,543
| -6% | -$369K |
|
3624
iShares MSCI Emerging Markets Min Vol Factor ETF
EEMV
$3.61B
| $4.67M | ﹤0.01% |
84,872
+39,605
| +87% | +$2.19M |
|
3625
PUT
Iron Mountain
IRM
$38.5B
| $4.66M | ﹤0.01% |
82,100
+12,800
| +18% | +$701K |
|
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.