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 | |
|---|---|---|---|---|---|---|
3951
Direxion Daily Energy Bull 2X ETF
ERX
$251M
| $3.78M | ﹤0.01% |
69,167
+34,944
| +102% | +$1.94M |
|
3952
CALL
Principal Financial Group
PFG
$24.4B
| $3.78M | ﹤0.01% |
49,900
-11,600
| -19% | -$836K |
|
|
VRN
3953
DELISTED
Veren
VRN
| $3.78M | ﹤0.01% |
562,066
-211,199
| -27% | -$1.47M |
|
3954
CALL
Bausch Health
BHC
$2.43B
| $3.78M | ﹤0.01% |
472,600
-782,600
| -62% | -$5.77M |
|
3955
Baytex Energy
BTE
$3.06B
| $3.78M | ﹤0.01% |
+1,158,379
| New | +$4.06M |
|
3956
PUT
ProShares Ultra Silver
AGQ
$1.43B
| $3.77M | ﹤0.01% |
140,000
+24,100
| +21% | +$750K |
|
3957
Post Holdings
POST
$3.67B
| $3.77M | ﹤0.01% |
43,520
+39,856
| +1,088% | +$3.5M |
|
3958
Group 1 Automotive
GPI
$3.15B
| $3.77M | ﹤0.01% |
14,605
+6,568
| +82% | +$1.51M |
|
3959
CALL
Axalta
AXTA
$7.99B
| $3.77M | ﹤0.01% |
114,800
+102,100
| +804% | +$3.17M |
|
3960
PUT
iShares Core MSCI EAFE ETF
IEFA
$196B
| $3.77M | ﹤0.01% |
55,800
+4,600
| +9% | +$312K |
|
3961
Abercrombie & Fitch
ANF
$4.8B
| $3.76M | ﹤0.01% |
99,907
+50,156
| +101% | +$1.43M |
|
3962
C.H. Robinson
CHRW
$17.4B
| $3.76M | ﹤0.01% |
39,899
-22,551
| -36% | -$2.18M |
|
3963
Oscar Health
OSCR
$10.1B
| $3.76M | ﹤0.01% |
466,401
+312,644
| +203% | +$2.31M |
|
3964
PUT
Burford Capital
BUR
$960M
| $3.76M | ﹤0.01% |
308,600
+157,100
| +104% | +$2.03M |
|
3965
Qualys
QLYS
$6.44B
| $3.75M | ﹤0.01% |
29,068
-4,525
| -13% | -$557K |
|
3966
CALL
Federal Realty Investment Trust
FRT
$10.3B
| $3.75M | ﹤0.01% |
38,800
+5,900
| +18% | +$555K |
|
3967
Champion Homes
SKY
$5.13B
| $3.75M | ﹤0.01% |
57,263
-36,683
| -39% | -$2.49M |
|
3968
CALL
Impinj
PI
$5.28B
| $3.75M | ﹤0.01% |
41,800
+4,700
| +13% | +$501K |
|
|
ETRN
3969
DELISTED
Equitrans Midstream Corporation Common Stock
ETRN
| $3.74M | ﹤0.01% |
391,669
+208,203
| +113% | +$1.4M |
|
3970
PUT
Teradata
TDC
$2.57B
| $3.74M | ﹤0.01% |
70,100
+38,600
| +123% | +$1.74M |
|
3971
MarketAxess Holdings
MKTX
$5.72B
| $3.74M | ﹤0.01% |
14,313
-18,439
| -56% | -$5.5M |
|
3972
PUT
Ginkgo Bioworks
DNA
$457M
| $3.74M | ﹤0.01% |
50,290
+45
| +0.1% | +$2.66K |
|
3973
PUT
Alerian MLP ETF
AMLP
$13.2B
| $3.74M | ﹤0.01% |
95,400
-31,100
| -25% | -$1.21M |
|
|
ISEE
3974
DELISTED
IVERIC bio, Inc. Common Stock
ISEE
| $3.74M | ﹤0.01% |
94,992
-282,755
| -75% | -$9.98M |
|
3975
Terreno Realty
TRNO
$7.43B
| $3.74M | ﹤0.01% |
62,175
-16,417
| -21% | -$1M |
|
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.