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 | |
|---|---|---|---|---|---|---|
3676
On Holding
ONON
$10.8B
| $4.51M | ﹤0.01% |
+136,578
| New | +$4.15M |
|
3677
PUT
Huntsman Corp
HUN
$1.81B
| $4.5M | ﹤0.01% |
166,700
+45,400
| +37% | +$1.18M |
|
3678
DigitalOcean
DOCN
$15.3B
| $4.5M | ﹤0.01% |
112,097
-196,737
| -64% | -$7.25M |
|
3679
CALL
FirstCash
FCFS
$9.31B
| $4.5M | ﹤0.01% |
48,200
+5,400
| +13% | +$528K |
|
3680
Tapestry
TPR
$26.1B
| $4.5M | ﹤0.01% |
105,104
-243,087
| -70% | -$10.1M |
|
3681
PUT
A.O. Smith
AOS
$8.45B
| $4.5M | ﹤0.01% |
61,800
+200
| +0.3% | +$13.7K |
|
3682
Progyny
PGNY
$2.02B
| $4.5M | ﹤0.01% |
114,318
+58,414
| +104% | +$2.11M |
|
3683
CALL
Global X Silver Miners ETF NEW
SIL
$4.79B
| $4.5M | ﹤0.01% |
173,000
-144,700
| -46% | -$4.16M |
|
3684
CALL
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $4.5M | ﹤0.01% |
44,600
-11,300
| -20% | -$1.14M |
|
3685
CAVA Group
CAVA
$8.69B
| $4.49M | ﹤0.01% |
+109,609
| New | +$4.51M |
|
3686
Churchill Downs
CHDN
$6.33B
| $4.48M | ﹤0.01% |
32,207
-6,109
| -16% | -$836K |
|
3687
CALL
Assured Guaranty
AGO
$3.38B
| $4.48M | ﹤0.01% |
80,300
+16,900
| +27% | +$898K |
|
3688
iShares US Basic Materials ETF
IYM
$1.02B
| $4.48M | ﹤0.01% |
33,646
+20,110
| +149% | +$2.59M |
|
3689
PUT
iShares 10+ Year Investment Grade Corporate Bond ETF
IGLB
$2.78B
| $4.47M | ﹤0.01% |
86,800
+5,500
| +7% | +$283K |
|
3690
CALL
Ingersoll Rand
IR
$32.3B
| $4.47M | ﹤0.01% |
68,400
-7,400
| -10% | -$438K |
|
3691
PUT
Jacobs Solutions
J
$16.9B
| $4.47M | ﹤0.01% |
45,457
+24,058
| +112% | +$2.29M |
|
3692
CALL
Cemex
CX
$16B
| $4.46M | ﹤0.01% |
630,400
+157,100
| +33% | +$1,000K |
|
3693
CALL
Viper Energy
VNOM
$15.2B
| $4.46M | ﹤0.01% |
166,200
-100,400
| -38% | -$2.75M |
|
3694
CALL
Enovis
ENOV
$1.5B
| $4.46M | ﹤0.01% |
69,500
+25,500
| +58% | +$1.45M |
|
3695
Corpay
CPAY
$27.4B
| $4.45M | ﹤0.01% |
17,722
-18,619
| -51% | -$4.25M |
|
3696
PUT
Universal Health Services
UHS
$10B
| $4.45M | ﹤0.01% |
28,200
+8,800
| +45% | +$1.23M |
|
|
FLNA
3697
Filana Therapeutics
FLNA
$44.1M
| $4.44M | ﹤0.01% |
181,279
-60,411
| -25% | -$1.45M |
|
3698
CALL
The GEO Group
GEO
$4.11B
| $4.44M | ﹤0.01% |
620,700
+224,100
| +57% | +$1.74M |
|
|
AJRD
3699
CALL
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $4.44M | ﹤0.01% |
80,900
-110,700
| -58% | -$6.15M |
|
3700
Allegro MicroSystems
ALGM
$8.27B
| $4.44M | ﹤0.01% |
98,320
+25,699
| +35% | +$1.04M |
|
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.