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 | |
|---|---|---|---|---|---|---|
4301
PUT
Fortive
FTV
$18.6B
| $3.06M | ﹤0.01% |
54,274
-129,914
| -71% | -$6.56M |
|
4302
CALL
Immunovant
IMVT
$8.64B
| $3.06M | ﹤0.01% |
161,200
+44,500
| +38% | +$830K |
|
4303
PUT
Children's Place
PLCE
$54.3M
| $3.06M | ﹤0.01% |
131,700
+39,800
| +43% | +$1.01M |
|
4304
iShares ESG Aware USD Corporate Bond ETF
SUSC
$1.29B
| $3.06M | ﹤0.01% |
134,376
+122,461
| +1,028% | +$2.79M |
|
4305
CALL
Teleflex
TFX
$5.81B
| $3.05M | ﹤0.01% |
12,600
-6,200
| -33% | -$1.55M |
|
4306
Goldman Sachs Equal Weight US Large Cap Equity ETF
GSEW
$2.08B
| $3.05M | ﹤0.01% |
48,772
+6,898
| +16% | +$414K |
|
4307
CALL
ACM Research
ACMR
$5.6B
| $3.05M | ﹤0.01% |
232,900
+21,800
| +10% | +$230K |
|
4308
Vanguard Health Care ETF
VHT
$18.9B
| $3.05M | ﹤0.01% |
12,442
+9,794
| +370% | +$2.38M |
|
4309
B2Gold
BTG
$6.79B
| $3.05M | ﹤0.01% |
853,182
-206,224
| -19% | -$807K |
|
4310
PUT
Stride
LRN
$3.46B
| $3.05M | ﹤0.01% |
81,800
-18,200
| -18% | -$728K |
|
4311
PAR Technology
PAR
$788M
| $3.04M | ﹤0.01% |
92,468
-14,274
| -13% | -$477K |
|
4312
iShares US Consumer Discretionary ETF
IYC
$1.22B
| $3.04M | ﹤0.01% |
42,768
+38,720
| +957% | +$2.54M |
|
4313
CALL
Teledyne Technologies
TDY
$31.5B
| $3.04M | ﹤0.01% |
7,400
-7,100
| -49% | -$2.93M |
|
4314
BGC Group
BGC
$5.33B
| $3.04M | ﹤0.01% |
685,257
+279,007
| +69% | +$1.24M |
|
4315
PUT
Organon & Co
OGN
$3.6B
| $3.03M | ﹤0.01% |
145,800
-169,300
| -54% | -$3.68M |
|
|
BIG
4316
CALL
DELISTED
Big Lots, Inc.
BIG
| $3.03M | ﹤0.01% |
343,600
+74,400
| +28% | +$631K |
|
4317
Vanguard S&P 500 Value ETF
VOOV
$6.81B
| $3.03M | ﹤0.01% |
19,485
-4,829
| -20% | -$719K |
|
4318
CALL
Silicon Laboratories
SLAB
$7.29B
| $3.03M | ﹤0.01% |
19,200
+10,900
| +131% | +$1.65M |
|
4319
PUT
Direxion Daily Real Estate Bear 3X ETF
DRV
$25.3M
| $3.03M | ﹤0.01% |
66,700
+12,800
| +24% | +$642K |
|
|
LTC
4320
CALL
LTC Properties
LTC
$2.17B
| $3.02M | ﹤0.01% |
91,600
+74,700
| +442% | +$2.49M |
|
4321
Savers
SVV
$1.63B
| $3.02M | ﹤0.01% |
+127,570
| New | +$2.97M |
|
4322
iShares Morningstar Growth ETF
ILCG
$3.29B
| $3.02M | ﹤0.01% |
48,472
+11,444
| +31% | +$658K |
|
4323
EnerSys
ENS
$7.34B
| $3.02M | ﹤0.01% |
27,838
+4,533
| +19% | +$414K |
|
4324
PUT
Quaker Houghton
KWR
$2.94B
| $3.02M | ﹤0.01% |
15,500
+1,200
| +8% | +$235K |
|
4325
Dimensional US Targeted Value ETF
DFAT
$14.9B
| $3.02M | ﹤0.01% |
65,064
+43,582
| +203% | +$1.91M |
|
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.