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 | |
|---|---|---|---|---|---|---|
4501
PUT
Polestar Automotive Holding UK
PSNY
$2.06B
| $2.71M | ﹤0.01% |
23,687
-6,286
| -21% | -$678K |
|
4502
PUT
CMS Energy
CMS
$22.3B
| $2.71M | ﹤0.01% |
46,200
-6,800
| -13% | -$410K |
|
4503
PUT
VanEck Agribusiness ETF
MOO
$976M
| $2.71M | ﹤0.01% |
33,200
-4,300
| -11% | -$356K |
|
|
SLCA
4504
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.71M | ﹤0.01% |
223,692
+120,743
| +117% | +$1.49M |
|
4505
PUT
Expeditors International
EXPD
$24.2B
| $2.71M | ﹤0.01% |
22,400
+12,700
| +131% | +$1.44M |
|
4506
PUT
United States Brent Oil Fund
BNO
$785M
| $2.71M | ﹤0.01% |
106,500
-52,800
| -33% | -$1.38M |
|
4507
CALL
Westlake Corp
WLK
$10.2B
| $2.71M | ﹤0.01% |
22,700
-9,100
| -29% | -$1.04M |
|
|
ATSG
4508
PUT
DELISTED
Air Transport Services Group
ATSG
| $2.71M | ﹤0.01% |
143,700
+86,500
| +151% | +$1.61M |
|
|
PTEC
4509
DELISTED
Global X PropTech ETF
PTEC
| $2.71M | ﹤0.01% |
+99,756
| New | +$2.55M |
|
|
MTTR
4510
DELISTED
Matterport, Inc. Class A Common Stock
MTTR
| $2.71M | ﹤0.01% |
860,298
-64,147
| -7% | -$178K |
|
4511
PUT
Fresenius Medical Care
FMS
$12.7B
| $2.71M | ﹤0.01% |
113,200
+54,000
| +91% | +$1.24M |
|
4512
CALL
Sibanye-Stillwater
SBSW
$7.62B
| $2.71M | ﹤0.01% |
434,100
-621,300
| -59% | -$4.9M |
|
4513
iShares US Oil & Gas Exploration & Production ETF
IEO
$595M
| $2.71M | ﹤0.01% |
31,892
-15,732
| -33% | -$1.32M |
|
4514
CALL
The Greenbrier Companies
GBX
$1.41B
| $2.71M | ﹤0.01% |
62,800
+10,600
| +20% | +$313K |
|
4515
Ambarella
AMBA
$3.6B
| $2.71M | ﹤0.01% |
32,334
-6,793
| -17% | -$497K |
|
|
SRG
4516
PUT
Seritage Growth Properties
SRG
$128M
| $2.7M | ﹤0.01% |
303,200
-128,000
| -30% | -$1.02M |
|
4517
CALL
Cerence
CRNC
$407M
| $2.7M | ﹤0.01% |
92,500
+61,100
| +195% | +$1.68M |
|
4518
iShares MSCI USA Size Factor ETF
SIZE
$447M
| $2.7M | ﹤0.01% |
22,022
+17,330
| +369% | +$2.03M |
|
4519
Texas Pacific Land
TPL
$24.7B
| $2.7M | ﹤0.01% |
18,459
-2,061
| -10% | -$330K |
|
4520
PUT
Penske Automotive Group
PAG
$14.4B
| $2.7M | ﹤0.01% |
16,200
-38,900
| -71% | -$5.64M |
|
|
VSTO
4521
CALL
DELISTED
Vista Outdoor Inc.
VSTO
| $2.7M | ﹤0.01% |
97,500
+38,000
| +64% | +$1.03M |
|
4522
CALL
Anavex Life Sciences
AVXL
$298M
| $2.7M | ﹤0.01% |
331,800
-332,200
| -50% | -$2.85M |
|
4523
CALL
Groupon
GRPN
$875M
| $2.7M | ﹤0.01% |
456,400
+293,400
| +180% | +$1.3M |
|
4524
PUT
Prothena Corp
PRTA
$455M
| $2.7M | ﹤0.01% |
39,500
+23,700
| +150% | +$1.53M |
|
4525
PUT
TransUnion
TRU
$15.4B
| $2.69M | ﹤0.01% |
34,400
-23,900
| -41% | -$1.65M |
|
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.