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 | |
|---|---|---|---|---|---|---|
4101
Cytokinetics
CYTK
$10.3B
| $3.46M | ﹤0.01% |
106,057
-31,057
| -23% | -$1.15M |
|
4102
CALL
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $3.46M | ﹤0.01% |
2,442
+113
| +5% | +$138K |
|
4103
ScottsMiracle-Gro
SMG
$3.55B
| $3.46M | ﹤0.01% |
55,141
-20,018
| -27% | -$1.34M |
|
4104
CALL
Bruker
BRKR
$8.79B
| $3.45M | ﹤0.01% |
+46,700
| New | +$3.56M |
|
4105
PUT
Blue Owl Capital
OWL
$19.1B
| $3.45M | ﹤0.01% |
296,300
+146,500
| +98% | +$1.58M |
|
4106
PUT
American Vanguard Corp
AVD
$62.5M
| $3.44M | ﹤0.01% |
192,700
-154,200
| -44% | -$2.85M |
|
|
ONC
4107
CALL
BeOne Medicines Ltd
ONC
$39.3B
| $3.44M | ﹤0.01% |
19,300
-25,800
| -57% | -$5.94M |
|
4108
CALL
Amplify Energy
AMPY
$198M
| $3.44M | ﹤0.01% |
507,600
-300,800
| -37% | -$2.09M |
|
4109
PUT
Invesco Senior Loan ETF
BKLN
$6.76B
| $3.44M | ﹤0.01% |
163,300
-909,700
| -85% | -$19M |
|
4110
MSC Industrial Direct
MSM
$6.91B
| $3.43M | ﹤0.01% |
+36,048
| New | +$3.31M |
|
4111
PUT
Progyny
PGNY
$2.02B
| $3.43M | ﹤0.01% |
87,300
-13,700
| -14% | -$494K |
|
|
DFTX
4112
CALL
Definium Therapeutics
DFTX
$5.73B
| $3.43M | ﹤0.01% |
961,800
-42,000
| -4% | -$145K |
|
4113
CALL
Helmerich & Payne
HP
$4.42B
| $3.43M | ﹤0.01% |
96,800
-65,800
| -40% | -$2.24M |
|
|
AJRD
4114
DELISTED
Aerojet Rocketdyne Holdings
AJRD
| $3.43M | ﹤0.01% |
62,481
+10,154
| +19% | +$564K |
|
4115
Lightwave Logic
LWLG
$1.17B
| $3.43M | ﹤0.01% |
491,585
+168,397
| +52% | +$979K |
|
4116
PUT
Howard Hughes
HHH
$3.98B
| $3.43M | ﹤0.01% |
45,527
+27,274
| +149% | +$1.98M |
|
4117
PUT
Sphere Entertainment
SPHR
$6.03B
| $3.42M | ﹤0.01% |
125,000
+78,600
| +169% | +$2.61M |
|
4118
PUT
GlobalFoundries
GFS
$30B
| $3.42M | ﹤0.01% |
53,000
-5,900
| -10% | -$357K |
|
4119
CALL
Manhattan Associates
MANH
$11.5B
| $3.42M | ﹤0.01% |
17,100
+3,500
| +26% | +$608K |
|
4120
CALL
Vista Energy
VIST
$7.56B
| $3.42M | ﹤0.01% |
141,700
+13,700
| +11% | +$298K |
|
4121
Banco Bradesco
BBD
$34.2B
| $3.42M | ﹤0.01% |
987,772
+221,349
| +29% | +$684K |
|
4122
Telephone and Data Systems
TDS
$4.05B
| $3.42M | ﹤0.01% |
415,212
-86,885
| -17% | -$737K |
|
4123
Amplify Travel Tech ETF
AWAY
$32.6M
| $3.42M | ﹤0.01% |
200,616
+119,912
| +149% | +$2.04M |
|
4124
CALL
Vanguard Long-Term Corporate Bond ETF
VCLT
$8.74B
| $3.41M | ﹤0.01% |
43,500
-11,700
| -21% | -$914K |
|
4125
Credit Acceptance
CACC
$6.1B
| $3.41M | ﹤0.01% |
6,722
-9,659
| -59% | -$4.52M |
|
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.