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 | |
|---|---|---|---|---|---|---|
4401
APi Group
APG
$19B
| $2.88M | ﹤0.01% |
158,567
-76,251
| -32% | -$1.18M |
|
4402
State Street SPDR US Large Cap Low Volatility Index ETF
LGLV
$1.23B
| $2.88M | ﹤0.01% |
20,492
+15,241
| +290% | +$2.1M |
|
4403
CALL
Lincoln Electric
LECO
$15.6B
| $2.88M | ﹤0.01% |
14,500
+6,600
| +84% | +$1.15M |
|
|
HAPN
4404
CALL
Happen Inc
HAPN
$2.26B
| $2.88M | ﹤0.01% |
295,100
+90,400
| +44% | +$726K |
|
|
BLD
4405
CALL
DELISTED
TopBuild
BLD
| $2.87M | ﹤0.01% |
10,800
+5,100
| +89% | +$1.12M |
|
4406
CALL
ImmunityBio
IBRX
$8.02B
| $2.87M | ﹤0.01% |
1,033,300
+970,600
| +1,548% | +$2.74M |
|
|
NARI
4407
PUT
DELISTED
Inari Medical, Inc. Common Stock
NARI
| $2.87M | ﹤0.01% |
49,400
+16,900
| +52% | +$1.07M |
|
4408
TC Energy
TRP
$66.7B
| $2.87M | ﹤0.01% |
70,975
+3,975
| +6% | +$162K |
|
4409
Aramark
ARMK
$16.4B
| $2.87M | ﹤0.01% |
92,241
-122,402
| -57% | -$3.33M |
|
4410
PUT
Viper Energy
VNOM
$15.2B
| $2.87M | ﹤0.01% |
106,800
+17,800
| +20% | +$487K |
|
4411
CALL
Centrus Energy
LEU
$3.79B
| $2.87M | ﹤0.01% |
88,000
-42,300
| -32% | -$1.31M |
|
4412
CALL
Southwest Gas
SWX
$6.71B
| $2.86M | ﹤0.01% |
45,000
+6,500
| +17% | +$384K |
|
4413
John Hancock Multifactor Large Cap ETF
JHML
$1.2B
| $2.86M | ﹤0.01% |
52,172
+44,157
| +551% | +$2.32M |
|
4414
Pembina Pipeline
PBA
$28.7B
| $2.86M | ﹤0.01% |
+91,000
| New | +$2.91M |
|
4415
Direxion Daily S&P 500 Bear 3x ETF
SPXS
$329M
| $2.86M | ﹤0.01% |
+20,448
| New | +$3.41M |
|
4416
PUT
Biomea Fusion
BMEA
$95.7M
| $2.86M | ﹤0.01% |
130,100
+90,000
| +224% | +$2.82M |
|
|
AIV
4417
Aimco
AIV
$383M
| $2.85M | ﹤0.01% |
334,844
-258,807
| -44% | -$2.1M |
|
4418
PUT
Agilon Health
AGL
$1.63B
| $2.85M | ﹤0.01% |
6,576
-36
| -0.5% | -$20.2K |
|
4419
PUT
BlackLine
BL
$1.77B
| $2.85M | ﹤0.01% |
52,900
+14,700
| +38% | +$816K |
|
4420
PUT
Bread Financial
BFH
$4.58B
| $2.85M | ﹤0.01% |
90,700
-157,900
| -64% | -$4.54M |
|
4421
InterDigital
IDCC
$8.87B
| $2.85M | ﹤0.01% |
29,481
+15,627
| +113% | +$1.27M |
|
4422
PUT
Hannon Armstrong Sustainable Infrastructure Capital
HASI
$5.41B
| $2.85M | ﹤0.01% |
113,800
-5,900
| -5% | -$155K |
|
4423
CALL
Vanguard Extended Market ETF
VXF
$32.3B
| $2.84M | ﹤0.01% |
19,100
+9,900
| +108% | +$1.39M |
|
4424
CALL
Ryanair
RYAAY
$30.5B
| $2.84M | ﹤0.01% |
+64,250
| New | +$2.59M |
|
|
THS
4425
CALL
DELISTED
Treehouse Foods
THS
| $2.84M | ﹤0.01% |
56,400
-26,000
| -32% | -$1.33M |
|
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.