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 | |
|---|---|---|---|---|---|---|
3926
Fiverr
FVRR
$324M
| $3.83M | ﹤0.01% |
147,322
+75,052
| +104% | +$2.26M |
|
3927
CALL
Glaukos
GKOS
$10.9B
| $3.83M | ﹤0.01% |
53,800
+16,300
| +43% | +$936K |
|
3928
Invesco BulletShares 2028 Corporate Bond ETF
BSCS
$3.59B
| $3.83M | ﹤0.01% |
194,027
+116,181
| +149% | +$2.32M |
|
3929
PUT
Korn Ferry
KFY
$4.32B
| $3.83M | ﹤0.01% |
+77,300
| New | +$3.8M |
|
3930
CALL
Marqeta
MQ
$1.7B
| $3.83M | ﹤0.01% |
196,500
-204,400
| -51% | -$3.71M |
|
3931
Remitly
RELY
$5.54B
| $3.83M | ﹤0.01% |
203,364
-23,899
| -11% | -$434K |
|
3932
PUT
Black Stone Minerals
BSM
$3.05B
| $3.82M | ﹤0.01% |
239,300
-78,500
| -25% | -$1.26M |
|
|
LOVE
3933
CALL
LoveSac
LOVE
$253M
| $3.82M | ﹤0.01% |
141,600
+80,300
| +131% | +$2.05M |
|
3934
Lemonade
LMND
$4.07B
| $3.81M | ﹤0.01% |
225,952
-11,488
| -5% | -$180K |
|
|
LKFT
3935
PUT
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $3.81M | ﹤0.01% |
93,600
-22,000
| -19% | -$897K |
|
|
OSG
3936
Octave Specialty Group
OSG
$221M
| $3.81M | ﹤0.01% |
267,229
+196,955
| +280% | +$2.88M |
|
3937
Shoals Technologies Group
SHLS
$1.42B
| $3.81M | ﹤0.01% |
148,876
+1,176
| +0.8% | +$27.2K |
|
3938
PBF Energy
PBF
$8.52B
| $3.8M | ﹤0.01% |
92,921
-610,853
| -87% | -$23.2M |
|
3939
CALL
InterDigital
IDCC
$8.87B
| $3.8M | ﹤0.01% |
39,400
-17,000
| -30% | -$1.38M |
|
3940
NorthWestern Energy
NWE
$4.42B
| $3.8M | ﹤0.01% |
66,996
-11,970
| -15% | -$700K |
|
3941
Leidos
LDOS
$18B
| $3.8M | ﹤0.01% |
42,968
-24,853
| -37% | -$2.12M |
|
3942
Bio-Rad Laboratories Class A
BIO
$9.53B
| $3.8M | ﹤0.01% |
10,027
-2,597
| -21% | -$1.06M |
|
3943
CALL
Broadridge
BR
$19.5B
| $3.79M | ﹤0.01% |
22,900
+9,300
| +68% | +$1.41M |
|
3944
CALL
Navitas Semiconductor
NVTS
$3.77B
| $3.79M | ﹤0.01% |
359,700
+280,700
| +355% | +$2.17M |
|
3945
FNB Corp
FNB
$6.93B
| $3.79M | ﹤0.01% |
331,226
-48,245
| -13% | -$545K |
|
3946
PUT
The GEO Group
GEO
$4.11B
| $3.79M | ﹤0.01% |
529,100
+88,000
| +20% | +$682K |
|
3947
CALL
Takeda Pharmaceutical
TAK
$56.3B
| $3.79M | ﹤0.01% |
241,100
+197,300
| +450% | +$3.23M |
|
3948
Harley-Davidson
HOG
$2.89B
| $3.79M | ﹤0.01% |
107,554
+52,239
| +94% | +$1.82M |
|
3949
CALL
Reinsurance Group of America
RGA
$16.3B
| $3.79M | ﹤0.01% |
27,300
-200
| -0.7% | -$28.4K |
|
3950
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $3.79M | ﹤0.01% |
100,431
-10,289
| -9% | -$380K |
|
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.