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 | |
|---|---|---|---|---|---|---|
3726
PUT
Viant Technology
DSP
$275M
| $4.34M | ﹤0.01% |
940,400
-94,700
| -9% | -$419K |
|
3727
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $4.33M | ﹤0.01% |
84,045
+51,435
| +158% | +$2.59M |
|
3728
PUT
Fluor
FLR
$7B
| $4.33M | ﹤0.01% |
146,300
-47,000
| -24% | -$1.35M |
|
3729
CALL
Stellantis
STLA
$20.2B
| $4.32M | ﹤0.01% |
246,300
+94,800
| +63% | +$1.59M |
|
3730
CALL
Owens Corning
OC
$12.2B
| $4.32M | ﹤0.01% |
33,100
-22,200
| -40% | -$2.43M |
|
3731
PUT
Welltower
WELL
$170B
| $4.32M | ﹤0.01% |
53,400
-48,700
| -48% | -$3.75M |
|
3732
CALL
Sunoco
SUN
$14.2B
| $4.31M | ﹤0.01% |
98,900
-82,700
| -46% | -$3.66M |
|
3733
CALL
Metropolitan Bank Holding Corp
MCB
$1.17B
| $4.3M | ﹤0.01% |
123,900
-68,200
| -36% | -$2.05M |
|
3734
CALL
BioCryst Pharmaceuticals
BCRX
$2.49B
| $4.29M | ﹤0.01% |
609,600
-296,900
| -33% | -$2.38M |
|
3735
CALL
Constellium
CSTM
$4.01B
| $4.29M | ﹤0.01% |
249,500
+86,900
| +53% | +$1.33M |
|
3736
CALL
iShares MSCI USA Quality Factor ETF
QUAL
$48.1B
| $4.29M | ﹤0.01% |
31,800
+14,700
| +86% | +$1.87M |
|
|
NNDM
3737
CALL
Nano Dimension
NNDM
$344M
| $4.29M | ﹤0.01% |
1,483,700
-77,000
| -5% | -$191K |
|
|
NARI
3738
CALL
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $4.28M | ﹤0.01% |
73,700
+32,100
| +77% | +$2.02M |
|
3739
PUT
Brookfield
BN
$107B
| $4.28M | ﹤0.01% |
190,950
-84,150
| -31% | -$1.78M |
|
3740
PUT
Rapid7
RPD
$876M
| $4.28M | ﹤0.01% |
94,500
+29,500
| +45% | +$1.37M |
|
3741
First Trust Morningstar Dividend Leaders Index Fund
FDL
$7.99B
| $4.27M | ﹤0.01% |
125,646
-51,154
| -29% | -$1.77M |
|
3742
PUT
GXO Logistics
GXO
$5.59B
| $4.27M | ﹤0.01% |
68,000
+60,500
| +807% | +$3.39M |
|
3743
PUT
CONMED
CNMD
$1.51B
| $4.27M | ﹤0.01% |
31,400
+4,700
| +18% | +$574K |
|
|
VPU
3744
CALL
Vanguard Utilities ETF
VPU
$8.57B
| $4.27M | ﹤0.01% |
30,000
+3,700
| +14% | +$542K |
|
3745
CALL
Children's Place
PLCE
$54.3M
| $4.26M | ﹤0.01% |
183,600
+142,900
| +351% | +$3.63M |
|
3746
iShares Inflation Hedged Corporate Bond ETF
LQDI
$69.4M
| $4.26M | ﹤0.01% |
+165,169
| New | +$4.25M |
|
3747
PUT
Nordic American Tanker
NAT
$1.42B
| $4.25M | ﹤0.01% |
1,159,100
+750,100
| +183% | +$2.71M |
|
3748
CALL
Icon
ICLR
$12.6B
| $4.25M | ﹤0.01% |
17,000
+5,200
| +44% | +$1.1M |
|
3749
PUT
Rocket Companies
RKT
$41.8B
| $4.25M | ﹤0.01% |
474,700
-642,300
| -58% | -$5.59M |
|
3750
CALL
iShares Micro-Cap ETF
IWC
$1.52B
| $4.25M | ﹤0.01% |
38,900
+35,700
| +1,116% | +$3.75M |
|
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.