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 | |
|---|---|---|---|---|---|---|
|
FSR
4176
DELISTED
Fisker Inc.
FSR
| $3.3M | ﹤0.01% |
585,405
+497,987
| +570% | +$2.87M |
|
4177
WisdomTree Trust WisdomTree US Quality Dividend Growth Fund
DGRW
$17.3B
| $3.3M | ﹤0.01% |
49,525
-15,428
| -24% | -$980K |
|
|
AY
4178
CALL
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $3.3M | ﹤0.01% |
140,800
-8,400
| -6% | -$216K |
|
4179
CALL
Cohu
COHU
$2.81B
| $3.3M | ﹤0.01% |
79,400
+800
| +1% | +$29.5K |
|
4180
CALL
Nexstar Media Group
NXST
$5.84B
| $3.3M | ﹤0.01% |
19,800
+8,800
| +80% | +$1.46M |
|
4181
CALL
State Street SPDR EURO STOXX 50 ETF
FEZ
$4.56B
| $3.3M | ﹤0.01% |
71,700
-567,800
| -89% | -$25.9M |
|
4182
PUT
Carriage Services
CSV
$579M
| $3.29M | ﹤0.01% |
101,400
+90,700
| +848% | +$2.54M |
|
4183
AGNC Investment
AGNC
$13B
| $3.29M | ﹤0.01% |
324,560
-10,656
| -3% | -$104K |
|
4184
CALL
Tradeweb Markets
TW
$22.4B
| $3.29M | ﹤0.01% |
48,000
+20,700
| +76% | +$1.47M |
|
4185
PUT
Ventas
VTR
$46.9B
| $3.29M | ﹤0.01% |
69,500
-77,400
| -53% | -$3.51M |
|
4186
CALL
iShares Russell Mid-Cap Value ETF
IWS
$16.1B
| $3.28M | ﹤0.01% |
29,900
-17,000
| -36% | -$1.79M |
|
4187
CALL
Arhaus
ARHS
$1.39B
| $3.28M | ﹤0.01% |
314,600
-47,500
| -13% | -$388K |
|
4188
ManpowerGroup
MAN
$2.71B
| $3.28M | ﹤0.01% |
41,268
+7,970
| +24% | +$602K |
|
4189
CALL
Henry Schein
HSIC
$10B
| $3.28M | ﹤0.01% |
40,400
-44,600
| -52% | -$3.52M |
|
4190
CALL
Nordson
NDSN
$17.2B
| $3.28M | ﹤0.01% |
13,200
+6,000
| +83% | +$1.34M |
|
4191
Pentair
PNR
$10.6B
| $3.28M | ﹤0.01% |
50,707
-195,170
| -79% | -$11.2M |
|
|
DOOR
4192
DELISTED
MASONITE INTERNATIONAL CORP
DOOR
| $3.28M | ﹤0.01% |
31,975
-6,836
| -18% | -$640K |
|
4193
ENI
E
$79.8B
| $3.27M | ﹤0.01% |
113,733
+60,895
| +115% | +$1.77M |
|
4194
PUT
Tradr 2X Long Innovation ETFShort Innovation Daily ETF
SARK
$39.1M
| $3.27M | ﹤0.01% |
30,167
-89,333
| -75% | -$10.9M |
|
4195
PUT
International Seaways
INSW
$4.81B
| $3.27M | ﹤0.01% |
85,500
+69,100
| +421% | +$2.65M |
|
4196
Direxion Daily 20+ Year Treasury Bear 3X ETF
TMV
$195M
| $3.26M | ﹤0.01% |
112,800
+10,864
| +11% | +$310K |
|
|
AGNT
4197
CALL
AGNT Inc
AGNT
$727M
| $3.26M | ﹤0.01% |
160,900
+133,400
| +485% | +$1.99M |
|
4198
PUT
Navient
NAVI
$860M
| $3.26M | ﹤0.01% |
175,600
+25,400
| +17% | +$417K |
|
4199
PUT
Sunoco
SUN
$14.2B
| $3.26M | ﹤0.01% |
74,900
+9,500
| +15% | +$421K |
|
4200
PUT
Werner Enterprises
WERN
$2.33B
| $3.26M | ﹤0.01% |
73,800
+58,600
| +386% | +$2.63M |
|
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.