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 | |
|---|---|---|---|---|---|---|
3626
PUT
Teucrium Corn Fund
CORN
$171M
| $4.66M | ﹤0.01% |
+210,100
| New | +$5.05M |
|
|
FLG
3627
Flagstar Bank National Association
FLG
$5.92B
| $4.66M | ﹤0.01% |
138,204
-357,000
| -72% | -$10.8M |
|
3628
PUT
RBC Bearings
RBC
$17.7B
| $4.65M | ﹤0.01% |
21,400
-2,200
| -9% | -$477K |
|
3629
Alliance Resource Partners
ARLP
$3.27B
| $4.65M | ﹤0.01% |
251,692
-118,591
| -32% | -$2.27M |
|
|
EMBJ
3630
Embraer S.A. ADS
EMBJ
$13.4B
| $4.65M | ﹤0.01% |
300,659
+203,585
| +210% | +$3.1M |
|
3631
CALL
DXC Technology
DXC
$1.72B
| $4.65M | ﹤0.01% |
173,900
+137,600
| +379% | +$3.43M |
|
|
EFOR
3632
Everforth Inc
EFOR
$1.3B
| $4.64M | ﹤0.01% |
61,406
+15,040
| +32% | +$1.08M |
|
|
HA
3633
DELISTED
Hawaiian Holdings, Inc.
HA
| $4.64M | ﹤0.01% |
430,906
+116,624
| +37% | +$1.01M |
|
3634
CALL
United States Brent Oil Fund
BNO
$785M
| $4.64M | ﹤0.01% |
182,100
-80,600
| -31% | -$2.11M |
|
3635
PUT
Lightspeed Commerce
LSPD
$1.38B
| $4.64M | ﹤0.01% |
274,100
+88,600
| +48% | +$1.27M |
|
3636
CALL
InfraCap MLP ETF
AMZA
$484M
| $4.63M | ﹤0.01% |
139,700
-126,900
| -48% | -$4.09M |
|
3637
PUT
Murphy Oil
MUR
$4.96B
| $4.63M | ﹤0.01% |
120,900
-36,700
| -23% | -$1.35M |
|
|
CFLT
3638
DELISTED
Confluent
CFLT
| $4.62M | ﹤0.01% |
130,738
+67,971
| +108% | +$1.9M |
|
|
PPLI
3639
CALL
People Inc
PPLI
$3.01B
| $4.62M | ﹤0.01% |
89,597
-17,675
| -16% | -$810K |
|
3640
PUT
Vodafone
VOD
$37.9B
| $4.61M | ﹤0.01% |
488,200
+14,600
| +3% | +$153K |
|
3641
CALL
Intellia Therapeutics
NTLA
$1.67B
| $4.61M | ﹤0.01% |
113,100
+4,000
| +4% | +$162K |
|
3642
PUT
DTE Energy
DTE
$29.3B
| $4.61M | ﹤0.01% |
41,900
-51,100
| -55% | -$5.69M |
|
|
CEQP
3643
PUT
DELISTED
Crestwood Equity Partners LP
CEQP
| $4.61M | ﹤0.01% |
174,000
-20,200
| -10% | -$513K |
|
|
CTLT
3644
DELISTED
CATALENT, INC.
CTLT
| $4.61M | ﹤0.01% |
106,259
-18,739
| -15% | -$823K |
|
3645
CALL
Cavco Industries
CVCO
$4.65B
| $4.6M | ﹤0.01% |
15,600
-2,300
| -13% | -$661K |
|
3646
PUT
Fabrinet
FN
$20.4B
| $4.6M | ﹤0.01% |
35,400
+20,100
| +131% | +$2.15M |
|
3647
PUT
ProShares VIX Short-Term Futures ETF
VIXY
$188M
| $4.59M | ﹤0.01% |
46,000
+36,500
| +384% | +$5.17M |
|
3648
CALL
FS KKR Capital
FSK
$3.42B
| $4.59M | ﹤0.01% |
239,200
-36,200
| -13% | -$685K |
|
3649
nVent Electric
NVT
$27.7B
| $4.59M | ﹤0.01% |
88,764
+71,361
| +410% | +$3.17M |
|
3650
PUT
Nabors Industries
NBR
$1.39B
| $4.59M | ﹤0.01% |
49,300
-68,900
| -58% | -$7M |
|
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.