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 | |
|---|---|---|---|---|---|---|
3976
PUT
Replimune Group
REPL
$1.4B
| $3.73M | ﹤0.01% |
+160,700
| New | +$3.14M |
|
3977
CALL
Smith & Wesson
SWBI
$643M
| $3.73M | ﹤0.01% |
286,000
-81,700
| -22% | -$996K |
|
3978
Azenta
AZTA
$1.46B
| $3.73M | ﹤0.01% |
79,892
-85,330
| -52% | -$3.74M |
|
3979
MGE Energy Inc
MGEE
$3.09B
| $3.72M | ﹤0.01% |
46,972
-71,633
| -60% | -$5.5M |
|
3980
CALL
Invesco DB Base Metals Fund
DBB
$315M
| $3.72M | ﹤0.01% |
207,000
-119,800
| -37% | -$2.24M |
|
|
SUM
3981
CALL
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $3.71M | ﹤0.01% |
98,100
+77,000
| +365% | +$2.38M |
|
3982
Sprouts Farmers Market
SFM
$7.69B
| $3.7M | ﹤0.01% |
100,663
-14,628
| -13% | -$511K |
|
|
ITCI
3983
PUT
DELISTED
Intra-Cellular Therapies Inc.
ITCI
| $3.69M | ﹤0.01% |
58,300
-6,600
| -10% | -$411K |
|
3984
CALL
ICICI Bank
IBN
$107B
| $3.69M | ﹤0.01% |
159,800
-65,300
| -29% | -$1.48M |
|
3985
Invesco KBW Bank ETF
KBWB
$6.87B
| $3.69M | ﹤0.01% |
89,812
+74,620
| +491% | +$3.04M |
|
3986
Alphatec Holdings
ATEC
$1.51B
| $3.68M | ﹤0.01% |
204,720
+12,865
| +7% | +$200K |
|
|
AEL
3987
PUT
DELISTED
American Equity Investment Life Holding Company
AEL
| $3.68M | ﹤0.01% |
70,600
+34,400
| +95% | +$1.38M |
|
|
EDR
3988
CALL
DELISTED
Endeavor Group Holdings, Inc.
EDR
| $3.68M | ﹤0.01% |
153,800
-594,300
| -79% | -$14M |
|
3989
CALL
Nordic American Tanker
NAT
$1.42B
| $3.68M | ﹤0.01% |
1,001,800
-365,200
| -27% | -$1.32M |
|
3990
CALL
Rogers Corp
ROG
$2.55B
| $3.68M | ﹤0.01% |
22,700
-143,500
| -86% | -$22.8M |
|
3991
PUT
Hain Celestial
HAIN
$52.4M
| $3.67M | ﹤0.01% |
+293,600
| New | +$4.32M |
|
3992
Coinbase
COIN
$39.2B
| $3.67M | ﹤0.01% |
51,326
-17,332
| -25% | -$1.03M |
|
|
EXE
3993
Expand Energy Corp
EXE
$21.9B
| $3.67M | ﹤0.01% |
43,882
-151,382
| -78% | -$12.1M |
|
3994
PUT
3D Systems Corp
DDD
$616M
| $3.67M | ﹤0.01% |
369,700
+38,500
| +12% | +$352K |
|
3995
PUT
Carlisle Companies
CSL
$14.7B
| $3.67M | ﹤0.01% |
14,300
-500
| -3% | -$111K |
|
3996
Thomson Reuters
TRI
$44.9B
| $3.67M | ﹤0.01% |
26,765
+7,609
| +40% | +$1.02M |
|
3997
PUT
Chegg
CHGG
$88.9M
| $3.67M | ﹤0.01% |
412,800
-200
| -0% | -$2.42K |
|
3998
CALL
TechnipFMC
FTI
$30.8B
| $3.66M | ﹤0.01% |
220,500
-395,100
| -64% | -$5.57M |
|
3999
PUT
Algonquin Power & Utilities
AQN
$4.53B
| $3.66M | ﹤0.01% |
443,600
+322,900
| +268% | +$2.74M |
|
4000
State Street SPDR Bloomberg 3-12 Month T-Bill ETF
BILS
$3.91B
| $3.66M | ﹤0.01% |
36,816
+17,548
| +91% | +$1.74M |
|
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.