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 | |
|---|---|---|---|---|---|---|
4076
CALL
Mercury Systems
MRCY
$6.67B
| $3.51M | ﹤0.01% |
101,500
+77,800
| +328% | +$3.32M |
|
4077
CALL
Biomea Fusion
BMEA
$95.7M
| $3.51M | ﹤0.01% |
159,700
+52,200
| +49% | +$1.63M |
|
4078
PUT
Galicia Financial Group
GGAL
$6.97B
| $3.5M | ﹤0.01% |
203,700
+72,900
| +56% | +$950K |
|
4079
PUT
iShares S&P 100 ETF
OEF
$20.5B
| $3.5M | ﹤0.01% |
16,900
+13,600
| +412% | +$2.64M |
|
4080
PUT
Marten Transport
MRTN
$1.24B
| $3.49M | ﹤0.01% |
162,400
+126,300
| +350% | +$2.65M |
|
4081
CALL
Eagle Materials
EXP
$6.4B
| $3.49M | ﹤0.01% |
18,700
+9,100
| +95% | +$1.45M |
|
4082
CALL
Old Republic International
ORI
$10.3B
| $3.49M | ﹤0.01% |
138,500
+17,000
| +14% | +$426K |
|
4083
PUT
Sabre
SABR
$900M
| $3.48M | ﹤0.01% |
1,092,400
+167,300
| +18% | +$604K |
|
4084
iShares ESG Advanced MSCI USA ETF
USXF
$1.52B
| $3.48M | ﹤0.01% |
96,905
+60,897
| +169% | +$2.06M |
|
|
CIR
4085
PUT
DELISTED
CIRCOR International, Inc
CIR
| $3.48M | ﹤0.01% |
61,700
-13,300
| -18% | -$466K |
|
4086
CALL
Semtech
SMTC
$13.1B
| $3.48M | ﹤0.01% |
136,800
+118,400
| +643% | +$2.56M |
|
4087
AbCellera Biologics
ABCL
$3.49B
| $3.48M | ﹤0.01% |
539,006
+385,667
| +252% | +$2.63M |
|
4088
PUT
Tilray
TLRY
$643M
| $3.48M | ﹤0.01% |
223,080
+65,530
| +42% | +$1.4M |
|
|
ONC
4089
BeOne Medicines Ltd
ONC
$39.3B
| $3.48M | ﹤0.01% |
+19,512
| New | +$4.49M |
|
4090
PUT
Weyerhaeuser
WY
$17.7B
| $3.48M | ﹤0.01% |
103,800
-74,100
| -42% | -$2.23M |
|
|
LOGC
4091
PUT
DELISTED
ContextLogic
LOGC
| $3.48M | ﹤0.01% |
528,600
+496,767
| +1,561% | +$3.94M |
|
4092
Vanguard Extended Market ETF
VXF
$32.3B
| $3.47M | ﹤0.01% |
23,344
+11,606
| +99% | +$1.63M |
|
4093
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
| $3.47M | ﹤0.01% |
59,210
+55,434
| +1,468% | +$3.02M |
|
|
SBOW
4094
PUT
DELISTED
SilverBow Resources, Inc.
SBOW
| $3.47M | ﹤0.01% |
119,200
+12,800
| +12% | +$317K |
|
4095
Denali Therapeutics
DNLI
$3.9B
| $3.47M | ﹤0.01% |
117,592
-222,972
| -65% | -$6.27M |
|
4096
CALL
Assurant
AIZ
$13.9B
| $3.47M | ﹤0.01% |
27,600
+4,000
| +17% | +$498K |
|
4097
State Street SPDR Portfolio S&P 500 Growth ETF
SPYG
$55.3B
| $3.47M | ﹤0.01% |
56,829
+51,651
| +998% | +$2.96M |
|
4098
CALL
Chemed
CHE
$6.96B
| $3.47M | ﹤0.01% |
6,400
-5,300
| -45% | -$2.9M |
|
4099
ProShares UltraPro Dow 30
UDOW
$924M
| $3.47M | ﹤0.01% |
116,178
+59,912
| +106% | +$1.7M |
|
4100
CALL
HDFC Bank
HDB
$120B
| $3.46M | ﹤0.01% |
99,400
-133,400
| -57% | -$4.5M |
|
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.