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 | |
|---|---|---|---|---|---|---|
4476
Teleflex
TFX
$5.81B
| $2.76M | ﹤0.01% |
11,416
-11,691
| -51% | -$2.93M |
|
4477
Carvana
CVNA
$83.1B
| $2.76M | ﹤0.01% |
532,625
-257,000
| -33% | -$713K |
|
4478
CALL
Energizer
ENR
$1.56B
| $2.76M | ﹤0.01% |
82,200
+5,300
| +7% | +$177K |
|
4479
PUT
Leidos
LDOS
$18B
| $2.75M | ﹤0.01% |
+31,100
| New | +$2.65M |
|
4480
PUT
Blue Owl Capital
OBDC
$5.78B
| $2.75M | ﹤0.01% |
204,900
-91,500
| -31% | -$1.2M |
|
4481
Enterprise Financial Services Corp
EFSC
$2.4B
| $2.75M | ﹤0.01% |
70,313
+13,270
| +23% | +$549K |
|
|
PRFT
4482
CALL
DELISTED
Perficient Inc
PRFT
| $2.74M | ﹤0.01% |
32,900
-61,500
| -65% | -$4.53M |
|
|
KW
4483
DELISTED
Kennedy-Wilson Holdings
KW
| $2.74M | ﹤0.01% |
167,785
+116,837
| +229% | +$1.87M |
|
4484
FT Vest Growth-100 Buffer ETF March
QMAR
$583M
| $2.74M | ﹤0.01% |
+114,236
| New | +$2.61M |
|
4485
First Trust NYSE Arca Biotechnology Index Fund
FBT
$2.77B
| $2.74M | ﹤0.01% |
17,885
+14,075
| +369% | +$2.19M |
|
4486
CALL
Paysafe
PSFE
$340M
| $2.74M | ﹤0.01% |
271,300
-94,000
| -26% | -$1.19M |
|
4487
Under Armour Class C
UA
$2.26B
| $2.74M | ﹤0.01% |
407,747
-446,300
| -52% | -$3.28M |
|
4488
Vanguard ESG International Stock ETF
VSGX
$6.83B
| $2.73M | ﹤0.01% |
51,462
+1,001
| +2% | +$53K |
|
4489
CALL
Vanguard FTSE Pacific ETF
VPL
$8.64B
| $2.73M | ﹤0.01% |
39,200
+18,900
| +93% | +$1.3M |
|
4490
JPMorgan BetaBuilders Developed Asia Pacific-ex Japan ETF
BBAX
$6.75B
| $2.73M | ﹤0.01% |
57,109
-963
| -2% | -$47.1K |
|
4491
Global X S&P 500 Tail Risk ETF
XTR
$4.98M
| $2.73M | ﹤0.01% |
106,634
+634
| +0.6% | +$15.4K |
|
4492
Coca-Cola Consolidated
COKE
$12.6B
| $2.73M | ﹤0.01% |
42,930
-3,410
| -7% | -$211K |
|
|
CHX
4493
CALL
DELISTED
ChampionX
CHX
| $2.73M | ﹤0.01% |
87,900
+24,100
| +38% | +$664K |
|
|
CADE
4494
DELISTED
Cadence Bank
CADE
| $2.73M | ﹤0.01% |
138,878
+9,329
| +7% | +$184K |
|
4495
CALL
American Superconductor
AMSC
$1.55B
| $2.73M | ﹤0.01% |
435,700
+402,800
| +1,224% | +$1.96M |
|
4496
Quadratic Interest Rate Volatility and Inflation Hedge ETF
IVOL
$271M
| $2.72M | ﹤0.01% |
132,375
+119,933
| +964% | +$2.69M |
|
|
MAG
4497
DELISTED
MAG Silver
MAG
| $2.72M | ﹤0.01% |
244,530
+8,230
| +3% | +$102K |
|
4498
Radian Group
RDN
$4.98B
| $2.72M | ﹤0.01% |
107,737
+46,331
| +75% | +$1.14M |
|
4499
CALL
Matsons
MATX
$6.5B
| $2.72M | ﹤0.01% |
35,000
+9,000
| +35% | +$617K |
|
4500
CALL
Ameren
AEE
$30.4B
| $2.72M | ﹤0.01% |
33,300
-12,100
| -27% | -$1.04M |
|
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.