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 | |
|---|---|---|---|---|---|---|
4451
LivePerson
LPSN
$35.2M
| $2.81M | ﹤0.01% |
41,396
+22,195
| +116% | +$1.44M |
|
|
FPI
4452
CALL
Farmland Partners
FPI
$433M
| $2.8M | ﹤0.01% |
229,700
+74,500
| +48% | +$834K |
|
4453
CALL
Allegiant Air
ALGT
$2.34B
| $2.8M | ﹤0.01% |
22,200
+9,500
| +75% | +$994K |
|
4454
Mohawk Industries
MHK
$9.49B
| $2.8M | ﹤0.01% |
27,109
-37,318
| -58% | -$3.66M |
|
4455
iShares S&P Small-Cap 600 Growth ETF
IJT
$8.48B
| $2.8M | ﹤0.01% |
24,324
+6,810
| +39% | +$744K |
|
|
GRMN
4456
CALL
Garmin
GRMN
$59.8B
| $2.79M | ﹤0.01% |
26,800
-181,200
| -87% | -$18.5M |
|
4457
CALL
Innodata
INOD
$2.09B
| $2.79M | ﹤0.01% |
246,400
+168,600
| +217% | +$1.57M |
|
4458
CALL
ProShares UltraShort S&P500
SDS
$366M
| $2.79M | ﹤0.01% |
16,260
-19,780
| -55% | -$3.8M |
|
4459
PUT
ARK Genomic Revolution ETF
ARKG
$1.74B
| $2.79M | ﹤0.01% |
81,800
-28,200
| -26% | -$886K |
|
|
MORF
4460
PUT
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $2.79M | ﹤0.01% |
48,600
-16,200
| -25% | -$846K |
|
|
DAY
4461
CALL
DELISTED
Dayforce
DAY
| $2.79M | ﹤0.01% |
41,600
-57,300
| -58% | -$3.69M |
|
4462
CALL
Extreme Networks
EXTR
$3.2B
| $2.78M | ﹤0.01% |
+106,800
| New | +$2.11M |
|
4463
PUT
Harrow
HROW
$1.5B
| $2.78M | ﹤0.01% |
146,100
+127,200
| +673% | +$2.8M |
|
|
EQC
4464
DELISTED
Equity Commonwealth
EQC
| $2.78M | ﹤0.01% |
137,141
-199,255
| -59% | -$4.12M |
|
|
FOCS
4465
CALL
DELISTED
Focus Financial Partners Inc. Class A
FOCS
| $2.78M | ﹤0.01% |
52,900
+27,500
| +108% | +$1.43M |
|
4466
Urban Outfitters
URBN
$6.66B
| $2.78M | ﹤0.01% |
83,794
-2,425
| -3% | -$70.7K |
|
4467
CALL
Sylvamo
SLVM
$1.53B
| $2.77M | ﹤0.01% |
68,600
-20,100
| -23% | -$868K |
|
4468
CALL
Aviat Networks
AVNW
$287M
| $2.77M | ﹤0.01% |
83,100
+24,800
| +43% | +$789K |
|
|
WIRE
4469
DELISTED
Encore Wire Corp
WIRE
| $2.77M | ﹤0.01% |
14,914
+4,238
| +40% | +$718K |
|
4470
CALL
United Parks & Resorts
PRKS
$2.04B
| $2.77M | ﹤0.01% |
49,500
-157,400
| -76% | -$8.88M |
|
4471
CBIZ
CBZ
$2.96B
| $2.77M | ﹤0.01% |
52,024
+27,786
| +115% | +$1.43M |
|
4472
Franklin US Mid Cap Multifactor Index ETF
FLQM
$1.58B
| $2.77M | ﹤0.01% |
61,691
+27,525
| +81% | +$1.19M |
|
4473
CALL
nVent Electric
NVT
$27.7B
| $2.77M | ﹤0.01% |
53,600
-5,100
| -9% | -$226K |
|
4474
PUT
Ares Management
ARES
$32.5B
| $2.77M | ﹤0.01% |
28,700
-267,100
| -90% | -$23.1M |
|
4475
Badger Meter
BMI
$3.79B
| $2.76M | ﹤0.01% |
18,737
-1,048
| -5% | -$144K |
|
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.