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 | |
|---|---|---|---|---|---|---|
|
BSCO
4201
DELISTED
Invesco BulletShares 2024 Corporate Bond ETF
BSCO
| $3.25M | ﹤0.01% |
158,224
+138,419
| +699% | +$2.85M |
|
4202
Shell
SHEL
$250B
| $3.25M | ﹤0.01% |
53,837
+26,203
| +95% | +$1.57M |
|
4203
PUT
Simply Good Foods
SMPL
$1B
| $3.25M | ﹤0.01% |
88,800
+43,800
| +97% | +$1.61M |
|
4204
PUT
HF Sinclair
DINO
$16.7B
| $3.25M | ﹤0.01% |
72,800
-128,000
| -64% | -$5.58M |
|
4205
CALL
Patterson-UTI
PTEN
$4.34B
| $3.25M | ﹤0.01% |
271,300
+153,300
| +130% | +$1.73M |
|
4206
The Greenbrier Companies
GBX
$1.41B
| $3.25M | ﹤0.01% |
75,335
+5,581
| +8% | +$165K |
|
4207
PUT
Hewlett Packard
HPE
$77.7B
| $3.24M | ﹤0.01% |
193,100
+85,000
| +79% | +$1.3M |
|
4208
CALL
Photronics
PLAB
$1.96B
| $3.24M | ﹤0.01% |
125,600
-22,200
| -15% | -$412K |
|
4209
Casey's General Stores
CASY
$31.3B
| $3.23M | ﹤0.01% |
13,239
-4,011
| -23% | -$909K |
|
4210
Ferrari
RACE
$72.9B
| $3.23M | ﹤0.01% |
9,923
+1,269
| +15% | +$370K |
|
4211
Jackson Financial
JXN
$9.17B
| $3.22M | ﹤0.01% |
105,344
-102,060
| -49% | -$3.29M |
|
4212
Regency Centers
REG
$14B
| $3.22M | ﹤0.01% |
52,159
-32,281
| -38% | -$1.92M |
|
4213
Vanguard Communication Services ETF
VOX
$5.9B
| $3.22M | ﹤0.01% |
30,291
+25,894
| +589% | +$2.6M |
|
4214
Zillow
ZG
$7.91B
| $3.22M | ﹤0.01% |
65,439
+14,616
| +29% | +$659K |
|
4215
First Trust Nasdaq Semiconductor ETF
FTXL
$1.38B
| $3.22M | ﹤0.01% |
45,196
+38,384
| +563% | +$2.46M |
|
|
VRE
4216
PUT
DELISTED
Veris Residential
VRE
| $3.22M | ﹤0.01% |
+200,400
| New | +$3.24M |
|
4217
PUT
Hubbell
HUBB
$27B
| $3.22M | ﹤0.01% |
9,700
+5,400
| +126% | +$1.49M |
|
4218
iShares Core 80/20 Aggressive Allocation ETF
AOA
$3.29B
| $3.22M | ﹤0.01% |
48,465
+13,837
| +40% | +$890K |
|
4219
Flywire
FLYW
$2.29B
| $3.21M | ﹤0.01% |
103,410
+78,885
| +322% | +$2.37M |
|
4220
PUT
Western Union
WU
$2.32B
| $3.21M | ﹤0.01% |
273,500
-141,200
| -34% | -$1.63M |
|
4221
iShares Select Dividend ETF
DVY
$24.1B
| $3.21M | ﹤0.01% |
28,310
-33
| -0.1% | -$3.76K |
|
4222
DaVita
DVA
$11.5B
| $3.21M | ﹤0.01% |
31,919
+2,170
| +7% | +$201K |
|
4223
CALL
TripAdvisor
TRIP
$1.26B
| $3.2M | ﹤0.01% |
194,200
-269,800
| -58% | -$4.57M |
|
4224
PUT
iShares MSCI South Africa ETF
EZA
$560M
| $3.2M | ﹤0.01% |
80,500
+43,800
| +119% | +$1.79M |
|
4225
Liberty Latin America Class C
LILAK
$1.66B
| $3.2M | ﹤0.01% |
408,565
+175,620
| +75% | +$1.31M |
|
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.