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 | |
|---|---|---|---|---|---|---|
3776
CALL
United Natural Foods
UNFI
$2.93B
| $4.2M | ﹤0.01% |
215,000
+77,300
| +56% | +$1.94M |
|
3777
Independence Realty Trust
IRT
$4.01B
| $4.2M | ﹤0.01% |
230,460
+57,140
| +33% | +$976K |
|
3778
PUT
Valvoline
VVV
$4.36B
| $4.19M | ﹤0.01% |
111,800
-83,000
| -43% | -$3.01M |
|
3779
Patterson-UTI
PTEN
$4.34B
| $4.19M | ﹤0.01% |
350,283
-376,088
| -52% | -$4.24M |
|
3780
CALL
10x Genomics
TXG
$7.31B
| $4.19M | ﹤0.01% |
75,000
-117,800
| -61% | -$6.38M |
|
3781
Applied Industrial Technologies
AIT
$13.4B
| $4.19M | ﹤0.01% |
28,911
+6,326
| +28% | +$844K |
|
3782
Fidelity Dividend ETF for Rising Rates
FDRR
$764M
| $4.19M | ﹤0.01% |
100,302
+43,207
| +76% | +$1.76M |
|
3783
First Trust NASDAQ-100 Technology Index Fund
QTEC
$4.92B
| $4.18M | ﹤0.01% |
28,421
+15,973
| +128% | +$2.12M |
|
3784
iShares MSCI India Small-Cap ETF
SMIN
$771M
| $4.18M | ﹤0.01% |
71,859
+44,553
| +163% | +$2.4M |
|
3785
CALL
Fidelity National Financial
FNF
$13.3B
| $4.17M | ﹤0.01% |
115,900
+50,300
| +77% | +$1.75M |
|
3786
CALL
iShares US Transportation ETF
IYT
$2.28B
| $4.17M | ﹤0.01% |
66,800
-1,200
| -2% | -$68.8K |
|
3787
CALL
Golar LNG
GLNG
$5.34B
| $4.17M | ﹤0.01% |
206,800
+68,500
| +50% | +$1.47M |
|
|
TWO
3788
CALL
Two Harbors Investment
TWO
$1.27B
| $4.17M | ﹤0.01% |
300,200
-48,900
| -14% | -$645K |
|
3789
CALL
Aecom
ACM
$8.12B
| $4.17M | ﹤0.01% |
49,200
+22,300
| +83% | +$1.83M |
|
3790
PUT
Ericsson
ERIC
$33.6B
| $4.17M | ﹤0.01% |
764,300
-1,239,400
| -62% | -$6.65M |
|
3791
KE Holdings
BEKE
$18.8B
| $4.16M | ﹤0.01% |
280,377
-393,177
| -58% | -$6.42M |
|
3792
First Industrial Realty Trust
FR
$8.33B
| $4.16M | ﹤0.01% |
78,974
+10,490
| +15% | +$548K |
|
|
ORGN
3793
DELISTED
Origin Materials
ORGN
| $4.16M | ﹤0.01% |
32,519
+4,900
| +18% | +$631K |
|
3794
Mercury Systems
MRCY
$6.67B
| $4.15M | ﹤0.01% |
119,954
+58,568
| +95% | +$2.5M |
|
|
GES
3795
PUT
DELISTED
Guess Inc
GES
| $4.15M | ﹤0.01% |
213,300
+107,500
| +102% | +$2.07M |
|
3796
CALL
Invesco Water Resources ETF
PHO
$2.05B
| $4.14M | ﹤0.01% |
73,400
-2,300
| -3% | -$123K |
|
3797
First Trust Utilities AlphaDEX Fund
FXU
$835M
| $4.13M | ﹤0.01% |
129,997
+88,114
| +210% | +$2.85M |
|
3798
CALL
Trex
TREX
$5.06B
| $4.13M | ﹤0.01% |
63,000
-5,400
| -8% | -$301K |
|
3799
WisdomTree US Total Dividend Fund
DTD
$1.7B
| $4.13M | ﹤0.01% |
66,494
+42,554
| +178% | +$2.58M |
|
3800
CALL
Ambev
ABEV
$43.2B
| $4.13M | ﹤0.01% |
1,298,100
+20,800
| +2% | +$61.2K |
|
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.