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 | |
|---|---|---|---|---|---|---|
3876
PUT
Warrior Met Coal
HCC
$5.19B
| $3.94M | ﹤0.01% |
101,200
-21,100
| -17% | -$764K |
|
3877
Stratasys
SSYS
$781M
| $3.94M | ﹤0.01% |
221,823
+198,506
| +851% | +$3.11M |
|
3878
Invesco S&P 500 Equal Weight Utilities ETF
RSPU
$541M
| $3.94M | ﹤0.01% |
71,236
+61,834
| +658% | +$3.49M |
|
3879
First Trust Technology AlphaDEX Fund
FXL
$2.88B
| $3.94M | ﹤0.01% |
34,213
-11,170
| -25% | -$1.17M |
|
3880
CALL
iShares Russell 2000 Growth ETF
IWO
$15.2B
| $3.93M | ﹤0.01% |
16,200
-101,700
| -86% | -$23.3M |
|
|
SGI
3881
CALL
Somnigroup International
SGI
$13.9B
| $3.93M | ﹤0.01% |
98,100
-112,200
| -53% | -$4.22M |
|
3882
PUT
iShares MBS ETF
MBB
$39.1B
| $3.93M | ﹤0.01% |
42,100
+28,900
| +219% | +$2.72M |
|
3883
Direxion Daily MSCI Brazil Bull 2X ETF
BRZU
$89.9M
| $3.93M | ﹤0.01% |
43,925
+17,696
| +67% | +$1.32M |
|
3884
VanEck IG Floating Rate ETF
FLTR
$3.04B
| $3.93M | ﹤0.01% |
155,452
+96,152
| +162% | +$2.41M |
|
3885
PUT
Dolby
DLB
$5.84B
| $3.92M | ﹤0.01% |
46,900
+7,900
| +20% | +$660K |
|
3886
PUT
BorgWarner
BWA
$14B
| $3.92M | ﹤0.01% |
91,107
+8,406
| +10% | +$346K |
|
3887
A.O. Smith
AOS
$8.45B
| $3.92M | ﹤0.01% |
53,891
-21,139
| -28% | -$1.45M |
|
3888
iShares US Energy ETF
IYE
$1.82B
| $3.92M | ﹤0.01% |
91,518
+72,111
| +372% | +$3.09M |
|
|
3889
CALL
Dolby
DLB
$5.84B
| $3.92M | ﹤0.01% |
46,800
+38,800
| +485% | +$3.24M |
|
3890
CALL
JFrog
FROG
$11.6B
| $3.91M | ﹤0.01% |
141,300
-6,100
| -4% | -$139K |
|
3891
PUT
iShares MSCI Turkey ETF
TUR
$222M
| $3.91M | ﹤0.01% |
138,500
-23,600
| -15% | -$730K |
|
|
3892
CALL
Stratasys
SSYS
$781M
| $3.91M | ﹤0.01% |
220,300
+82,200
| +60% | +$1.29M |
|
3893
CALL
Virtu Financial
VIRT
$5.3B
| $3.91M | ﹤0.01% |
228,900
+115,700
| +102% | +$2.12M |
|
3894
ATI
ATI
$31.1B
| $3.91M | ﹤0.01% |
88,407
+3,932
| +5% | +$150K |
|
3895
PUT
Tencent Music
TME
$14.5B
| $3.91M | ﹤0.01% |
529,800
+39,100
| +8% | +$295K |
|
3896
Northern Trust
NTRS
$35B
| $3.91M | ﹤0.01% |
52,696
-64,838
| -55% | -$4.98M |
|
|
WCC
3897
WESCO International
WCC
$17.6B
| $3.9M | ﹤0.01% |
21,807
-45,118
| -67% | -$6.58M |
|
3898
PUT
Healthpeak Properties
DOC
$14.3B
| $3.9M | ﹤0.01% |
194,200
+183,100
| +1,650% | +$3.8M |
|
3899
CALL
VanEck Rare Earth/Strategic Metals ETF
REMX
$2.3B
| $3.9M | ﹤0.01% |
46,900
+3,400
| +8% | +$279K |
|
3900
CALL
ProShares Short 20+ Year Treasury ETF
TBF
$107M
| $3.9M | ﹤0.01% |
179,800
+147,300
| +453% | +$3.19M |
|
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.