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 | |
|---|---|---|---|---|---|---|
4026
CALL
Alight
ALIT
$372M
| $3.59M | ﹤0.01% |
19,440
-9,395
| -33% | -$1.67M |
|
4027
Concentrix
CNXC
$1.49B
| $3.59M | ﹤0.01% |
44,483
-3,402
| -7% | -$318K |
|
4028
CALL
iShares MSCI USA Momentum Factor ETF
MTUM
$26.2B
| $3.59M | ﹤0.01% |
24,900
+16,800
| +207% | +$2.36M |
|
4029
PUT
FerroAtlántica
GSM
$820M
| $3.59M | ﹤0.01% |
752,900
+509,600
| +209% | +$2.34M |
|
4030
PUT
Pampa Energía
PAM
$4.23B
| $3.59M | ﹤0.01% |
82,800
+70,600
| +579% | +$2.62M |
|
4031
New Fortress Energy
NFE
$92.6M
| $3.59M | ﹤0.01% |
133,937
-52,178
| -28% | -$1.51M |
|
4032
PUT
Designer Brands
DBI
$311M
| $3.59M | ﹤0.01% |
355,000
+307,500
| +647% | +$2.54M |
|
|
FAZ
4033
PUT
Direxion Daily Financial Bear 3x ETF
FAZ
$84.6M
| $3.59M | ﹤0.01% |
18,940
-3,560
| -16% | -$751K |
|
4034
CALL
ProShares UltraPro Short Dow 30
SDOW
$186M
| $3.59M | ﹤0.01% |
37,550
-45,550
| -55% | -$4.66M |
|
|
SA
4035
Seabridge Gold
SA
$3.62B
| $3.58M | ﹤0.01% |
297,470
+54,763
| +23% | +$745K |
|
4036
Nuveen ESG Large-Cap Value ETF
NULV
$2.29B
| $3.58M | ﹤0.01% |
103,439
+33,675
| +48% | +$1.14M |
|
4037
Motorcar Parts of America
MPAA
$236M
| $3.58M | ﹤0.01% |
463,011
+29,517
| +7% | +$169K |
|
|
BVH
4038
CALL
DELISTED
Bluegreen Vacations Holding Corporation
BVH
| $3.58M | ﹤0.01% |
100,500
+36,600
| +57% | +$1.1M |
|
4039
CALL
CVR Energy
CVI
$3.54B
| $3.58M | ﹤0.01% |
119,400
+23,000
| +24% | +$619K |
|
4040
CALL
Itron
ITRI
$4.45B
| $3.58M | ﹤0.01% |
49,600
-15,200
| -23% | -$961K |
|
4041
Pacer Developed Markets International Cash Cows 100 ETF
ICOW
$1.85B
| $3.57M | ﹤0.01% |
120,217
+41,501
| +53% | +$1.23M |
|
4042
Tetra Tech
TTEK
$9.35B
| $3.57M | ﹤0.01% |
109,055
+93,275
| +591% | +$2.74M |
|
4043
Ingles Markets
IMKTA
$1.65B
| $3.57M | ﹤0.01% |
43,169
+19,767
| +84% | +$1.7M |
|
4044
CALL
Carlisle Companies
CSL
$14.7B
| $3.57M | ﹤0.01% |
13,900
+7,700
| +124% | +$1.71M |
|
|
ILPT
4045
Industrial Logistics Properties Trust
ILPT
$595M
| $3.57M | ﹤0.01% |
1,080,347
+361,610
| +50% | +$807K |
|
4046
Direxion Daily Technology Bull 3x ETF
TECL
$6.39B
| $3.56M | ﹤0.01% |
65,898
-56,839
| -46% | -$2.36M |
|
|
SAGE
4047
PUT
DELISTED
Sage Therapeutics
SAGE
| $3.55M | ﹤0.01% |
75,600
-34,800
| -32% | -$1.73M |
|
4048
PUT
Nasdaq
NDAQ
$54.2B
| $3.55M | ﹤0.01% |
71,300
-103,500
| -59% | -$5.61M |
|
|
GOLD
4049
Gold.com Inc
GOLD
$1.28B
| $3.55M | ﹤0.01% |
94,732
+29,427
| +45% | +$1.07M |
|
|
SMAR
4050
DELISTED
Smartsheet Inc.
SMAR
| $3.54M | ﹤0.01% |
92,589
+80,118
| +642% | +$3.46M |
|
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.