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 | |
|---|---|---|---|---|---|---|
4251
Matador Resources
MTDR
$6.64B
| $3.14M | ﹤0.01% |
60,028
-25,747
| -30% | -$1.24M |
|
4252
iShares US Digital Infrastructure and Real Estate ETF
IDGT
$549M
| $3.14M | ﹤0.01% |
44,535
+18,367
| +70% | +$1.22M |
|
4253
PUT
IPG Photonics
IPGP
$3.65B
| $3.14M | ﹤0.01% |
23,100
+6,500
| +39% | +$766K |
|
4254
First Trust Smith Unconstrained Bond ETF
UCON
$3.28B
| $3.14M | ﹤0.01% |
129,778
+103,636
| +396% | +$2.52M |
|
4255
The RealReal
REAL
$1.39B
| $3.14M | ﹤0.01% |
1,412,855
+1,025,411
| +265% | +$1.4M |
|
4256
CALL
BBVA Argentina
BBAR
$3.13B
| $3.13M | ﹤0.01% |
511,100
+32,000
| +7% | +$153K |
|
4257
Vanguard Financials ETF
VFH
$14B
| $3.13M | ﹤0.01% |
38,560
-2,658
| -6% | -$209K |
|
4258
Globe Life
GL
$14.1B
| $3.13M | ﹤0.01% |
28,539
-16,365
| -36% | -$1.76M |
|
4259
PUT
Alcon
ALC
$35.9B
| $3.13M | ﹤0.01% |
38,100
-6,500
| -15% | -$496K |
|
4260
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
| $3.12M | ﹤0.01% |
19,968
+5,595
| +39% | +$827K |
|
|
NVEI
4261
CALL
DELISTED
Nuvei Corporation Subordinate Voting Shares
NVEI
| $3.12M | ﹤0.01% |
105,600
+33,900
| +47% | +$1.19M |
|
4262
Arrow Electronics
ARW
$10.9B
| $3.12M | ﹤0.01% |
21,793
+8,741
| +67% | +$1.09M |
|
4263
PUT
Kulicke & Soffa
KLIC
$5.19B
| $3.12M | ﹤0.01% |
52,500
-28,100
| -35% | -$1.45M |
|
4264
iShares MBS ETF
MBB
$39.1B
| $3.12M | ﹤0.01% |
+33,452
| New | +$3.15M |
|
4265
Invesco S&P 500 Revenue ETF
RWL
$10B
| $3.12M | ﹤0.01% |
38,985
+32,561
| +507% | +$2.5M |
|
4266
Dentsply Sirona
XRAY
$2.31B
| $3.11M | ﹤0.01% |
77,817
-73,392
| -49% | -$2.92M |
|
4267
CALL
iShares Core Dividend Growth ETF
DGRO
$43.8B
| $3.11M | ﹤0.01% |
60,400
-1,000
| -2% | -$50.3K |
|
|
EVBG
4268
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $3.11M | ﹤0.01% |
115,661
+49,046
| +74% | +$1.32M |
|
4269
Broadstone Net Lease
BNL
$4.38B
| $3.11M | ﹤0.01% |
201,491
-41,318
| -17% | -$662K |
|
4270
iShares S&P Mid-Cap 400 Value ETF
IJJ
$9.1B
| $3.11M | ﹤0.01% |
29,032
+9,362
| +48% | +$951K |
|
4271
Park Aerospace
PKE
$831M
| $3.11M | ﹤0.01% |
225,374
-32,298
| -13% | -$427K |
|
4272
Kadant
KAI
$3.95B
| $3.11M | ﹤0.01% |
14,001
-5,784
| -29% | -$1.16M |
|
4273
Compass
COMP
$9.99B
| $3.11M | ﹤0.01% |
888,149
-91,726
| -9% | -$301K |
|
4274
Sonic Automotive
SAH
$2.56B
| $3.11M | ﹤0.01% |
65,175
-9,222
| -12% | -$425K |
|
4275
PUT
Cheesecake Factory
CAKE
$5.64B
| $3.11M | ﹤0.01% |
89,800
-148,900
| -62% | -$4.94M |
|
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.