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 | |
|---|---|---|---|---|---|---|
3826
CALL
ProShares UltraShort Russell2000
TWM
$40.4M
| $4.08M | ﹤0.01% |
58,340
+56,340
| +2,817% | +$4.39M |
|
3827
Trimble
TRMB
$13.4B
| $4.07M | ﹤0.01% |
76,960
-64,272
| -46% | -$3.14M |
|
3828
CALL
Valley National Bancorp
VLY
$8.29B
| $4.07M | ﹤0.01% |
525,300
+397,900
| +312% | +$3.16M |
|
3829
CALL
PTC Therapeutics
PTCT
$5.98B
| $4.07M | ﹤0.01% |
100,100
+86,100
| +615% | +$4.21M |
|
3830
iShares MSCI USA Value Factor ETF
VLUE
$9.78B
| $4.07M | ﹤0.01% |
43,367
-24,365
| -36% | -$2.22M |
|
3831
PUT
PubMatic
PUBM
$801M
| $4.06M | ﹤0.01% |
222,200
+31,800
| +17% | +$506K |
|
|
FOCS
3832
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $4.06M | ﹤0.01% |
77,332
+45,034
| +139% | +$2.35M |
|
3833
CALL
Sabre
SABR
$900M
| $4.06M | ﹤0.01% |
1,272,300
-89,900
| -7% | -$325K |
|
|
TE
3834
CALL
T1 Energy
TE
$1.51B
| $4.06M | ﹤0.01% |
433,800
+5,200
| +1% | +$39.1K |
|
3835
PUT
Global X Copper Miners ETF NEW
COPX
$7.98B
| $4.05M | ﹤0.01% |
107,700
-42,200
| -28% | -$1.62M |
|
3836
Grab
GRAB
$14.8B
| $4.05M | ﹤0.01% |
1,180,721
+432,044
| +58% | +$1.34M |
|
3837
CALL
Extra Space Storage
EXR
$31.2B
| $4.05M | ﹤0.01% |
27,200
-6,600
| -20% | -$993K |
|
3838
CALL
Pinnacle West Capital
PNW
$12.3B
| $4.05M | ﹤0.01% |
49,700
-42,000
| -46% | -$3.35M |
|
3839
United States Natural Gas Fund
UNG
$487M
| $4.05M | ﹤0.01% |
136,362
-1,180,634
| -90% | -$32M |
|
3840
Host Hotels & Resorts
HST
$15.7B
| $4.05M | ﹤0.01% |
240,393
-143,906
| -37% | -$2.41M |
|
|
OSG
3841
PUT
Octave Specialty Group
OSG
$221M
| $4.04M | ﹤0.01% |
283,900
+207,400
| +271% | +$3.04M |
|
3842
First Trust Multi Cap Growth AlphaDEX Fund
FAD
$602M
| $4.04M | ﹤0.01% |
38,282
+11,806
| +45% | +$1.17M |
|
3843
PUT
LGI Homes
LGIH
$1.39B
| $4.03M | ﹤0.01% |
29,900
-14,000
| -32% | -$1.68M |
|
3844
Groupon
GRPN
$875M
| $4.03M | ﹤0.01% |
682,329
+497,012
| +268% | +$2.2M |
|
|
RCM
3845
DELISTED
R1 RCM Inc. Common Stock
RCM
| $4.03M | ﹤0.01% |
218,530
+151,257
| +225% | +$2.46M |
|
|
ARNC
3846
CALL
DELISTED
Arconic Corporation
ARNC
| $4.03M | ﹤0.01% |
136,200
+6,700
| +5% | +$185K |
|
3847
Evergy
EVRG
$19.4B
| $4.03M | ﹤0.01% |
68,937
-69,958
| -50% | -$4.23M |
|
3848
PUT
ICICI Bank
IBN
$107B
| $4.03M | ﹤0.01% |
174,400
-2,900
| -2% | -$65.6K |
|
|
AVDX
3849
DELISTED
AvidXchange
AVDX
| $4.02M | ﹤0.01% |
387,545
+25,817
| +7% | +$232K |
|
3850
PUT
Hartford Financial Services
HIG
$37.8B
| $4.02M | ﹤0.01% |
55,800
+39,500
| +242% | +$2.77M |
|
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.