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 | |
|---|---|---|---|---|---|---|
4526
Ecopetrol
EC
$35.3B
| $2.69M | ﹤0.01% |
262,851
-306,329
| -54% | -$3.09M |
|
4527
Ovintiv
OVV
$17.4B
| $2.69M | ﹤0.01% |
70,735
-412,457
| -85% | -$14.9M |
|
4528
PUT
VeriSign
VRSN
$25.7B
| $2.69M | ﹤0.01% |
11,900
-35,500
| -75% | -$7.83M |
|
4529
CALL
Navient
NAVI
$860M
| $2.69M | ﹤0.01% |
144,700
+33,000
| +30% | +$542K |
|
4530
PUT
Fortuna Silver Mines
FSM
$3.16B
| $2.69M | ﹤0.01% |
829,700
-66,400
| -7% | -$237K |
|
4531
CALL
Pliant Therapeutics
PLRX
$66.3M
| $2.69M | ﹤0.01% |
148,300
+36,200
| +32% | +$857K |
|
4532
PUT
Public Service Enterprise Group
PEG
$37.9B
| $2.69M | ﹤0.01% |
42,900
+26,100
| +155% | +$1.63M |
|
4533
PUT
EVgo
EVGO
$519M
| $2.68M | ﹤0.01% |
671,200
+301,800
| +82% | +$1.54M |
|
4534
PUT
Stem
STEM
$61M
| $2.68M | ﹤0.01% |
23,455
-6,510
| -22% | -$646K |
|
4535
CALL
Natera
NTRA
$44.7B
| $2.68M | ﹤0.01% |
55,100
-73,000
| -57% | -$3.72M |
|
|
MITT
4536
PUT
TPG Mortgage Investment Trust
MITT
$215M
| $2.68M | ﹤0.01% |
437,900
+700
| +0.2% | +$3.98K |
|
4537
MarineMax
HZO
$1.15B
| $2.68M | ﹤0.01% |
78,408
+49,610
| +172% | +$1.46M |
|
4538
Direxion Daily Regional Banks Bull 3X ETF
DPST
$417M
| $2.68M | ﹤0.01% |
49,531
+38,757
| +360% | +$2.29M |
|
4539
First Trust Multi Cap Value AlphaDEX Fund
FAB
$178M
| $2.68M | ﹤0.01% |
37,764
+20,254
| +116% | +$1.38M |
|
4540
CALL
Triumph Financial Inc
TFIN
$1.87B
| $2.68M | ﹤0.01% |
44,100
+400
| +0.9% | +$22K |
|
4541
Nelnet
NNI
$4.57B
| $2.67M | ﹤0.01% |
27,685
+11,953
| +76% | +$1.14M |
|
4542
National Health Investors
NHI
$3.58B
| $2.67M | ﹤0.01% |
50,913
-122,958
| -71% | -$6.34M |
|
|
JMIA
4543
Jumia Technologies
JMIA
$772M
| $2.67M | ﹤0.01% |
780,304
+413,294
| +113% | +$1.27M |
|
4544
VictoryShares US 500 Volatility Wtd ETF
CFA
$556M
| $2.67M | ﹤0.01% |
37,540
+10,330
| +38% | +$708K |
|
4545
CALL
Vanguard Morningstar Mega Cap Value ETF
MGV
$13.8B
| $2.67M | ﹤0.01% |
25,700
-700
| -3% | -$71.2K |
|
4546
Orion
OEC
$364M
| $2.67M | ﹤0.01% |
125,596
-4,160
| -3% | -$100K |
|
4547
CALL
Arch Capital
ACGL
$33.7B
| $2.66M | ﹤0.01% |
35,600
-11,000
| -24% | -$795K |
|
4548
PUT
Joby Aviation
JOBY
$7.83B
| $2.66M | ﹤0.01% |
259,700
+85,800
| +49% | +$465K |
|
4549
CALL
BellRing Brands
BRBR
$1.25B
| $2.66M | ﹤0.01% |
72,800
-118,900
| -62% | -$4.26M |
|
4550
AdaptHealth
AHCO
$775M
| $2.66M | ﹤0.01% |
218,834
+97,110
| +80% | +$1.08M |
|
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.