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 | |
|---|---|---|---|---|---|---|
3851
PUT
M/I Homes
MHO
$3.85B
| $4.01M | ﹤0.01% |
46,000
+33,600
| +271% | +$2.38M |
|
3852
CALL
Essex Property Trust
ESS
$18.5B
| $4.01M | ﹤0.01% |
17,100
+4,100
| +32% | +$896K |
|
3853
CVR Partners
UAN
$1.31B
| $4M | ﹤0.01% |
49,565
+4,093
| +9% | +$359K |
|
3854
CALL
Buckle
BKE
$2.27B
| $4M | ﹤0.01% |
115,500
-33,400
| -22% | -$1.12M |
|
3855
VictoryShares Free Cash Flow ETF
VFLO
$10.1B
| $4M | ﹤0.01% |
+157,260
| New | +$3.94M |
|
3856
Pool Corp
POOL
$7.08B
| $3.99M | ﹤0.01% |
10,662
-7,975
| -43% | -$2.73M |
|
3857
Asbury Automotive
ABG
$3.78B
| $3.99M | ﹤0.01% |
16,605
-5,010
| -23% | -$1.05M |
|
|
CIR
3858
CALL
DELISTED
CIRCOR International, Inc
CIR
| $3.99M | ﹤0.01% |
70,600
+21,200
| +43% | +$743K |
|
3859
CALL
CGI
GIB
$15.2B
| $3.99M | ﹤0.01% |
37,800
-26,400
| -41% | -$2.69M |
|
|
ARR
3860
Armour Residential REIT
ARR
$2.37B
| $3.98M | ﹤0.01% |
149,323
-27,216
| -15% | -$694K |
|
3861
PUT
Clearfield
CLFD
$391M
| $3.98M | ﹤0.01% |
84,000
+49,500
| +143% | +$2.11M |
|
3862
CALL
Valvoline
VVV
$4.36B
| $3.98M | ﹤0.01% |
106,000
+16,900
| +19% | +$614K |
|
3863
PUT
Vanguard Morningstar Small-Cap Growth ETF
VBK
$25B
| $3.97M | ﹤0.01% |
17,300
-10,300
| -37% | -$2.24M |
|
3864
CALL
FuboTV Inc
FUBO
$307M
| $3.97M | ﹤0.01% |
159,192
+36,317
| +30% | +$696K |
|
3865
CALL
Medifast
MED
$128M
| $3.97M | ﹤0.01% |
43,100
+18,400
| +74% | +$1.64M |
|
|
CVAC
3866
DELISTED
CureVac
CVAC
| $3.97M | ﹤0.01% |
380,999
+259,910
| +215% | +$2.32M |
|
3867
New Jersey Resources
NJR
$5.64B
| $3.97M | ﹤0.01% |
84,044
+2,526
| +3% | +$127K |
|
3868
Coupang
CPNG
$29B
| $3.97M | ﹤0.01% |
227,943
-103,728
| -31% | -$1.69M |
|
3869
HealthEquity
HQY
$8.76B
| $3.96M | ﹤0.01% |
62,795
-35,006
| -36% | -$2.03M |
|
|
KDNY
3870
PUT
DELISTED
Chinook Therapeutics, Inc. Common Stock
KDNY
| $3.96M | ﹤0.01% |
+103,100
| New | +$2.65M |
|
3871
DHT Holdings
DHT
$3.15B
| $3.95M | ﹤0.01% |
463,516
+66,687
| +17% | +$584K |
|
3872
PUT
Grab
GRAB
$14.8B
| $3.95M | ﹤0.01% |
1,151,400
-191,700
| -14% | -$597K |
|
3873
Brinker International
EAT
$10.2B
| $3.95M | ﹤0.01% |
107,903
-203,233
| -65% | -$7.66M |
|
3874
CALL
Equity Residential
EQR
$24.7B
| $3.95M | ﹤0.01% |
59,800
+24,000
| +67% | +$1.5M |
|
3875
Chegg
CHGG
$88.9M
| $3.94M | ﹤0.01% |
444,142
-134,596
| -23% | -$1.63M |
|
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.