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 | |
|---|---|---|---|---|---|---|
3801
CALL
Upbound Group
UPBD
$1.14B
| $4.13M | ﹤0.01% |
132,600
-17,000
| -11% | -$497K |
|
3802
CALL
Clearfield
CLFD
$391M
| $4.12M | ﹤0.01% |
87,100
+3,900
| +5% | +$167K |
|
3803
Perion Network
PERI
$385M
| $4.12M | ﹤0.01% |
134,346
+85,878
| +177% | +$2.95M |
|
3804
Organon & Co
OGN
$3.6B
| $4.12M | ﹤0.01% |
197,983
-133,614
| -40% | -$2.9M |
|
3805
BJs Wholesale Club
BJ
$11.9B
| $4.12M | ﹤0.01% |
65,328
-131,912
| -67% | -$9.12M |
|
3806
CALL
MSC Industrial Direct
MSM
$6.91B
| $4.12M | ﹤0.01% |
43,200
+37,200
| +620% | +$3.41M |
|
|
BKI
3807
DELISTED
Black Knight, Inc. Common Stock
BKI
| $4.11M | ﹤0.01% |
68,892
+57,077
| +483% | +$3.2M |
|
3808
CALL
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $4.11M | ﹤0.01% |
101,700
+25,300
| +33% | +$1.03M |
|
3809
PUT
Cinemark Holdings
CNK
$4.33B
| $4.11M | ﹤0.01% |
249,200
+106,000
| +74% | +$1.76M |
|
3810
Darling Ingredients
DAR
$10.6B
| $4.11M | ﹤0.01% |
64,450
+36,237
| +128% | +$2.21M |
|
3811
CALL
Sonos
SONO
$1.93B
| $4.11M | ﹤0.01% |
251,700
-42,900
| -15% | -$761K |
|
3812
PUT
Fiverr
FVRR
$324M
| $4.11M | ﹤0.01% |
158,000
+28,500
| +22% | +$859K |
|
3813
Kimco Realty
KIM
$16.4B
| $4.11M | ﹤0.01% |
208,323
-125,569
| -38% | -$2.37M |
|
3814
PUT
Transmedics
TMDX
$3.07B
| $4.11M | ﹤0.01% |
48,900
-900
| -2% | -$68.9K |
|
3815
PUT
Global X Silver Miners ETF NEW
SIL
$4.79B
| $4.1M | ﹤0.01% |
157,900
-138,900
| -47% | -$4M |
|
|
SIX
3816
PUT
DELISTED
Six Flags Entertainment Corp.
SIX
| $4.1M | ﹤0.01% |
157,900
-38,500
| -20% | -$996K |
|
3817
CALL
Power Integrations
POWI
$3.51B
| $4.1M | ﹤0.01% |
43,300
+7,400
| +21% | +$618K |
|
3818
PUT
Packaging Corp of America
PKG
$22.8B
| $4.1M | ﹤0.01% |
31,000
+21,400
| +223% | +$2.86M |
|
3819
Apple Hospitality REIT
APLE
$3.79B
| $4.1M | ﹤0.01% |
271,080
-101,372
| -27% | -$1.54M |
|
3820
SouthState Bank Corp
SSB
$10.8B
| $4.09M | ﹤0.01% |
62,228
+18,019
| +41% | +$1.2M |
|
3821
BWX Technologies
BWXT
$15.9B
| $4.09M | ﹤0.01% |
57,211
-21,777
| -28% | -$1.42M |
|
|
SCPL
3822
PUT
DELISTED
SciPlay Corporation Class A Common Stock
SCPL
| $4.09M | ﹤0.01% |
207,900
+55,700
| +37% | +$1.01M |
|
3823
PUT
Alliant Energy
LNT
$18.3B
| $4.09M | ﹤0.01% |
77,900
+2,900
| +4% | +$155K |
|
3824
PUT
Entegris
ENTG
$24.7B
| $4.08M | ﹤0.01% |
36,800
+1,300
| +4% | +$119K |
|
3825
Denison Mines
DNN
$2.92B
| $4.08M | ﹤0.01% |
3,261,912
+68,373
| +2% | +$76K |
|
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.