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 | |
|---|---|---|---|---|---|---|
|
SA
4426
PUT
Seabridge Gold
SA
$3.62B
| $2.84M | ﹤0.01% |
235,600
-5,900
| -2% | -$80.2K |
|
4427
CALL
Thryv Holdings
THRY
$96M
| $2.84M | ﹤0.01% |
115,400
+74,100
| +179% | +$1.72M |
|
4428
CALL
Woodside Energy
WDS
$44B
| $2.84M | ﹤0.01% |
122,300
+42,500
| +53% | +$974K |
|
4429
CALL
Verra Mobility
VRRM
$717M
| $2.83M | ﹤0.01% |
143,700
-224,700
| -61% | -$3.97M |
|
4430
monday.com
MNDY
$3.7B
| $2.83M | ﹤0.01% |
16,549
-21,507
| -57% | -$3.21M |
|
4431
CALL
Stride
LRN
$3.46B
| $2.83M | ﹤0.01% |
76,100
-39,100
| -34% | -$1.56M |
|
4432
Goldman Sachs Access Investment Grade Corporate Bond ETF
GIGB
$971M
| $2.83M | ﹤0.01% |
+62,592
| New | +$2.83M |
|
4433
PUT
Pacific Biosciences
PACB
$357M
| $2.83M | ﹤0.01% |
212,900
+48,700
| +30% | +$592K |
|
4434
CALL
Roivant Sciences
ROIV
$26.1B
| $2.83M | ﹤0.01% |
280,700
+127,000
| +83% | +$1.14M |
|
4435
CALL
Masco
MAS
$14.7B
| $2.83M | ﹤0.01% |
49,300
+4,000
| +9% | +$209K |
|
4436
Coherus Oncology
CHRS
$185M
| $2.83M | ﹤0.01% |
662,304
+283,384
| +75% | +$1.67M |
|
4437
CALL
Cirrus Logic
CRUS
$6.07B
| $2.83M | ﹤0.01% |
34,900
-52,400
| -60% | -$4.34M |
|
4438
PUT
Jazz Pharmaceuticals
JAZZ
$15.9B
| $2.83M | ﹤0.01% |
22,800
+7,700
| +51% | +$1.04M |
|
4439
PUT
Oxford Industries
OXM
$543M
| $2.82M | ﹤0.01% |
28,700
-9,500
| -25% | -$973K |
|
4440
BP
BP
$110B
| $2.82M | ﹤0.01% |
79,962
-508,862
| -86% | -$18.8M |
|
4441
Microvision
MVIS
$53M
| $2.82M | ﹤0.01% |
41,028
-11,074
| -21% | -$581K |
|
|
NKLA
4442
DELISTED
Nikola Corporation Common Stock
NKLA
| $2.82M | ﹤0.01% |
68,082
+30,134
| +79% | +$831K |
|
|
RYZ
4443
Ryerson Holding Corp
RYZ
$1.5B
| $2.82M | ﹤0.01% |
64,968
+42,310
| +187% | +$1.57M |
|
4444
Korn Ferry
KFY
$4.32B
| $2.82M | ﹤0.01% |
56,868
-8,648
| -13% | -$425K |
|
4445
Boston Properties
BXP
$10.9B
| $2.82M | ﹤0.01% |
48,884
-176,266
| -78% | -$9.17M |
|
4446
PUT
Rocket Lab Corp
RKLB
$51.3B
| $2.81M | ﹤0.01% |
468,900
+9,900
| +2% | +$45.4K |
|
4447
PUT
iShares US Medical Devices ETF
IHI
$3.46B
| $2.81M | ﹤0.01% |
49,800
-12,200
| -20% | -$672K |
|
4448
PUT
Applied Digital
APLD
$8.98B
| $2.81M | ﹤0.01% |
+300,700
| New | +$1.79M |
|
4449
PUT
MKS Inc
MKSI
$21B
| $2.81M | ﹤0.01% |
26,000
-6,300
| -20% | -$577K |
|
4450
PUT
iShares National Muni Bond ETF
MUB
$45.8B
| $2.81M | ﹤0.01% |
26,300
+8,200
| +45% | +$876K |
|
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.