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 | |
|---|---|---|---|---|---|---|
3901
CALL
Hyatt Hotels
H
$17.1B
| $3.9M | ﹤0.01% |
34,000
-276,900
| -89% | -$31.3M |
|
3902
CALL
Booz Allen Hamilton
BAH
$9.32B
| $3.89M | ﹤0.01% |
34,900
+24,600
| +239% | +$2.43M |
|
3903
FTI Consulting
FCN
$4.19B
| $3.88M | ﹤0.01% |
20,417
+6,262
| +44% | +$1.18M |
|
3904
CALL
Invesco DB Commodity Index Tracking Fund
DBC
$1.73B
| $3.88M | ﹤0.01% |
171,000
-37,700
| -18% | -$874K |
|
3905
PUT
Box
BOX
$4.52B
| $3.88M | ﹤0.01% |
132,100
+27,600
| +26% | +$764K |
|
3906
CALL
Jazz Pharmaceuticals
JAZZ
$15.9B
| $3.88M | ﹤0.01% |
31,300
-6,200
| -17% | -$834K |
|
3907
iShares Future Exponential Technologies ETF
XT
$3.99B
| $3.88M | ﹤0.01% |
69,775
+50,977
| +271% | +$2.69M |
|
3908
Array Technologies
ARRY
$778M
| $3.87M | ﹤0.01% |
171,292
+45,517
| +36% | +$974K |
|
3909
CALL
Lamar Advertising Co
LAMR
$15.8B
| $3.87M | ﹤0.01% |
39,000
-6,900
| -15% | -$670K |
|
|
HBI
3910
PUT
DELISTED
Hanesbrands
HBI
| $3.87M | ﹤0.01% |
851,700
-479,600
| -36% | -$2.19M |
|
|
EMBJ
3911
CALL
Embraer S.A. ADS
EMBJ
$13.4B
| $3.87M | ﹤0.01% |
250,100
-88,600
| -26% | -$1.35M |
|
3912
Nordson
NDSN
$17.2B
| $3.87M | ﹤0.01% |
15,579
-10,744
| -41% | -$2.4M |
|
3913
Innovative Industrial Properties
IIPR
$1.62B
| $3.87M | ﹤0.01% |
52,938
-19,080
| -26% | -$1.34M |
|
|
ATSG
3914
DELISTED
Air Transport Services Group
ATSG
| $3.86M | ﹤0.01% |
204,611
+64,775
| +46% | +$1.2M |
|
3915
CALL
Revvity
RVTY
$13B
| $3.85M | ﹤0.01% |
32,400
+8,800
| +37% | +$1.08M |
|
3916
CALL
Braze
BRZE
$3.26B
| $3.84M | ﹤0.01% |
87,800
+61,400
| +233% | +$2.09M |
|
3917
CALL
Genco Shipping & Trading
GNK
$1.15B
| $3.84M | ﹤0.01% |
273,900
-36,600
| -12% | -$526K |
|
3918
CALL
Blue Owl Capital
OBDC
$5.78B
| $3.84M | ﹤0.01% |
286,300
-74,000
| -21% | -$968K |
|
3919
PUT
Reinsurance Group of America
RGA
$16.3B
| $3.84M | ﹤0.01% |
27,700
-5,300
| -16% | -$754K |
|
3920
Global X Lithium & Battery Tech ETF
LIT
$1.61B
| $3.84M | ﹤0.01% |
59,082
-37,622
| -39% | -$2.35M |
|
3921
Pacific Biosciences
PACB
$357M
| $3.84M | ﹤0.01% |
288,775
+177,979
| +161% | +$2.16M |
|
3922
iShares Global Healthcare ETF
IXJ
$4.2B
| $3.84M | ﹤0.01% |
+45,162
| New | +$3.85M |
|
3923
PUT
Ecopetrol
EC
$35.3B
| $3.84M | ﹤0.01% |
374,400
-245,300
| -40% | -$2.47M |
|
3924
CALL
Under Armour
UAA
$2.3B
| $3.84M | ﹤0.01% |
531,400
+285,300
| +116% | +$2.29M |
|
3925
Genpact
G
$5.69B
| $3.83M | ﹤0.01% |
102,049
+4,370
| +4% | +$176K |
|
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.