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 | |
|---|---|---|---|---|---|---|
4276
Ollie's Bargain Outlet
OLLI
$4.62B
| $3.1M | ﹤0.01% |
+53,539
| New | +$3.3M |
|
4277
Sterling Infrastructure
STRL
$17.6B
| $3.1M | ﹤0.01% |
55,573
-27,927
| -33% | -$1.24M |
|
4278
PUT
iShares MSCI Taiwan ETF
EWT
$11.5B
| $3.1M | ﹤0.01% |
65,900
-628,900
| -91% | -$28.7M |
|
|
MORF
4279
CALL
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $3.1M | ﹤0.01% |
54,000
-29,700
| -35% | -$1.55M |
|
4280
PUT
Ashland
ASH
$3.38B
| $3.09M | ﹤0.01% |
35,600
-22,600
| -39% | -$2.09M |
|
4281
Red Rock Resorts
RRR
$3.76B
| $3.09M | ﹤0.01% |
66,105
+12,518
| +23% | +$581K |
|
|
NTST
4282
NETSTREIT Corp
NTST
$2.1B
| $3.09M | ﹤0.01% |
173,021
-88,973
| -34% | -$1.6M |
|
4283
PUT
CleanSpark
CLSK
$3.1B
| $3.09M | ﹤0.01% |
720,100
+105,700
| +17% | +$425K |
|
4284
Vanguard Russell 3000 ETF
VTHR
$4.88B
| $3.09M | ﹤0.01% |
+15,641
| New | +$2.93M |
|
4285
PUT
Magna International
MGA
$18.8B
| $3.09M | ﹤0.01% |
54,700
-17,300
| -24% | -$917K |
|
|
SNCY
4286
DELISTED
Sun Country Airlines
SNCY
| $3.09M | ﹤0.01% |
137,316
+105,238
| +328% | +$2.01M |
|
4287
Q2 Holdings
QTWO
$4.04B
| $3.08M | ﹤0.01% |
99,783
-127,272
| -56% | -$3.34M |
|
|
MTTR
4288
PUT
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $3.08M | ﹤0.01% |
977,500
+421,700
| +76% | +$1.17M |
|
4289
CALL
nCino
NCNO
$2.28B
| $3.08M | ﹤0.01% |
102,200
+14,200
| +16% | +$361K |
|
4290
PUT
RCI Hospitality Holdings
RICK
$236M
| $3.08M | ﹤0.01% |
40,500
-21,700
| -35% | -$1.63M |
|
|
COOP
4291
DELISTED
Mr. Cooper
COOP
| $3.08M | ﹤0.01% |
60,742
+16,140
| +36% | +$740K |
|
4292
AST SpaceMobile
ASTS
$21.3B
| $3.07M | ﹤0.01% |
654,150
-113,450
| -15% | -$588K |
|
4293
PUT
Neurocrine Biosciences
NBIX
$15.5B
| $3.07M | ﹤0.01% |
32,600
-52,400
| -62% | -$5.12M |
|
4294
CALL
CNX Resources
CNX
$5.28B
| $3.07M | ﹤0.01% |
173,400
-332,800
| -66% | -$5.37M |
|
4295
PUT
ProShares UltraPro Short 20+ Year Treasury
TTT
$18.6M
| $3.07M | ﹤0.01% |
46,700
-10,300
| -18% | -$667K |
|
4296
CALL
Emcor
EME
$36.9B
| $3.07M | ﹤0.01% |
16,600
-15,500
| -48% | -$2.59M |
|
4297
Replimune Group
REPL
$1.4B
| $3.07M | ﹤0.01% |
132,028
+46,010
| +53% | +$899K |
|
4298
CALL
uniQure
QURE
$3.37B
| $3.06M | ﹤0.01% |
267,200
+166,200
| +165% | +$3.15M |
|
4299
Unisys
UIS
$209M
| $3.06M | ﹤0.01% |
769,179
+71,833
| +10% | +$285K |
|
4300
CALL
Genworth Financial
GNW
$3.84B
| $3.06M | ﹤0.01% |
612,100
-172,100
| -22% | -$942K |
|
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.