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 | |
|---|---|---|---|---|---|---|
4551
CALL
Banco Bradesco
BBD
$34.2B
| $2.66M | ﹤0.01% |
769,560
+385,500
| +100% | +$1.19M |
|
4552
PUT
Church & Dwight Co
CHD
$24B
| $2.66M | ﹤0.01% |
26,500
-33,800
| -56% | -$3.18M |
|
4553
PUT
Appian
APPN
$2.54B
| $2.66M | ﹤0.01% |
55,800
+8,200
| +17% | +$346K |
|
|
CALY
4554
Callaway Golf Company
CALY
$2.94B
| $2.66M | ﹤0.01% |
133,778
+54,687
| +69% | +$1.09M |
|
4555
CALL
Barclays
BCS
$94.7B
| $2.66M | ﹤0.01% |
337,800
+184,800
| +121% | +$1.43M |
|
|
MITT
4556
TPG Mortgage Investment Trust
MITT
$215M
| $2.65M | ﹤0.01% |
433,054
-59,877
| -12% | -$341K |
|
4557
Calix
CALX
$2.49B
| $2.65M | ﹤0.01% |
53,085
-52,677
| -50% | -$2.54M |
|
|
VGR
4558
CALL
DELISTED
Vector Group Ltd.
VGR
| $2.65M | ﹤0.01% |
206,800
+80,900
| +64% | +$998K |
|
|
HT
4559
DELISTED
Hersha Hospitality Trust Priority Class A Common Shares of Beneficial Interest
HT
| $2.65M | ﹤0.01% |
434,905
-44,926
| -9% | -$276K |
|
4560
CALL
Ciena
CIEN
$60.7B
| $2.65M | ﹤0.01% |
62,300
-134,700
| -68% | -$6.13M |
|
|
LOVE
4561
PUT
LoveSac
LOVE
$253M
| $2.65M | ﹤0.01% |
98,200
+54,300
| +124% | +$1.38M |
|
4562
ProShares Ultra MidCap400
MVV
$166M
| $2.64M | ﹤0.01% |
49,502
+36,581
| +283% | +$1.78M |
|
|
SCS
4563
DELISTED
Steelcase
SCS
| $2.64M | ﹤0.01% |
342,650
+273,086
| +393% | +$2.06M |
|
4564
PUT
Spok Holdings
SPOK
$229M
| $2.64M | ﹤0.01% |
198,700
-86,200
| -30% | -$1.08M |
|
4565
PUT
Immunocore
IMCR
$1.76B
| $2.64M | ﹤0.01% |
44,000
-7,300
| -14% | -$417K |
|
4566
CALL
Trimble
TRMB
$13.4B
| $2.64M | ﹤0.01% |
49,800
+17,000
| +52% | +$831K |
|
4567
PUT
National Grid
NGG
$81.5B
| $2.63M | ﹤0.01% |
41,492
+25,574
| +161% | +$1.68M |
|
4568
PUT
Ormat Technologies
ORA
$7.06B
| $2.63M | ﹤0.01% |
32,700
-30,500
| -48% | -$2.58M |
|
4569
PUT
Getty Images
GETY
$129M
| $2.63M | ﹤0.01% |
539,000
+363,700
| +207% | +$2.08M |
|
4570
FLEX LNG
FLNG
$1.67B
| $2.63M | ﹤0.01% |
86,048
+72,318
| +527% | +$2.31M |
|
|
RDFN
4571
DELISTED
Redfin
RDFN
| $2.63M | ﹤0.01% |
211,504
-44,248
| -17% | -$431K |
|
|
OBE
4572
Obsidian Energy
OBE
$712M
| $2.63M | ﹤0.01% |
450,476
-181,604
| -29% | -$1.12M |
|
|
MORF
4573
DELISTED
Morphic Holding, Inc. Common Stock
MORF
| $2.63M | ﹤0.01% |
45,809
-10,791
| -19% | -$563K |
|
4574
PUT
AST SpaceMobile
ASTS
$21.3B
| $2.63M | ﹤0.01% |
558,700
-83,300
| -13% | -$432K |
|
4575
PUT
Vanguard FTSE Developed Markets ETF
VEA
$239B
| $2.62M | ﹤0.01% |
56,800
+47,400
| +504% | +$2.18M |
|
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.