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 | |
|---|---|---|---|---|---|---|
4576
Viant Technology
DSP
$275M
| $2.62M | ﹤0.01% |
568,914
-97,397
| -15% | -$431K |
|
4577
PUT
KBR
KBR
$4.84B
| $2.62M | ﹤0.01% |
40,300
-5,300
| -12% | -$316K |
|
4578
PUT
Constellium
CSTM
$4.01B
| $2.62M | ﹤0.01% |
152,300
+18,900
| +14% | +$290K |
|
4579
PUT
Advanced Energy
AEIS
$13.2B
| $2.62M | ﹤0.01% |
23,500
+3,000
| +15% | +$286K |
|
4580
PUT
Vanguard Energy ETF
VDE
$10.6B
| $2.62M | ﹤0.01% |
23,200
+300
| +1% | +$33.8K |
|
|
MASI
4581
PUT
DELISTED
Masimo
MASI
| $2.62M | ﹤0.01% |
15,900
+10,200
| +179% | +$1.78M |
|
|
APRN
4582
PUT
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $2.62M | ﹤0.01% |
447,800
+350,608
| +361% | +$2.37M |
|
4583
CALL
Direxion Daily Energy Bear 2X ETF
ERY
$35.4M
| $2.61M | ﹤0.01% |
84,600
+38,300
| +83% | +$1.21M |
|
4584
Performance Food Group
PFGC
$16.8B
| $2.61M | ﹤0.01% |
43,409
+39,460
| +999% | +$2.32M |
|
4585
CALL
Cheniere Energy
CQP
$33.4B
| $2.61M | ﹤0.01% |
56,600
+16,200
| +40% | +$744K |
|
4586
JFrog
FROG
$11.6B
| $2.61M | ﹤0.01% |
94,175
+15,883
| +20% | +$363K |
|
4587
CALL
Immatics
IMTX
$1.29B
| $2.61M | ﹤0.01% |
225,900
+120,800
| +115% | +$1.13M |
|
4588
Novanta
NOVT
$6.3B
| $2.61M | ﹤0.01% |
14,159
-4,599
| -25% | -$752K |
|
4589
PIMCO Enhanced Short Maturity Active Exchange-Traded Fund
MINT
$17.1B
| $2.61M | ﹤0.01% |
26,115
+8,011
| +44% | +$796K |
|
4590
PUT
Leggett & Platt
LEG
$1.32B
| $2.6M | ﹤0.01% |
87,800
+17,700
| +25% | +$557K |
|
|
HDV
4591
iShares Core High Dividend ETF
HDV
$15.1B
| $2.6M | ﹤0.01% |
129,000
-1,540
| -1% | -$31K |
|
4592
Freshworks
FRSH
$3.5B
| $2.6M | ﹤0.01% |
147,867
-92,142
| -38% | -$1.39M |
|
4593
CALL
Direxion Daily Real Estate Bull 3X ETF
DRN
$45.4M
| $2.6M | ﹤0.01% |
272,700
-47,000
| -15% | -$424K |
|
4594
Douglas Elliman
DOUG
$185M
| $2.6M | ﹤0.01% |
1,169,650
+1,004,611
| +609% | +$2.76M |
|
4595
DXC Technology
DXC
$1.72B
| $2.59M | ﹤0.01% |
97,102
-28,793
| -23% | -$717K |
|
4596
Coeur Mining
CDE
$19.3B
| $2.59M | ﹤0.01% |
912,076
+100,140
| +12% | +$340K |
|
4597
Invesco Ultra Short Duration ETF
GSY
$3.88B
| $2.59M | ﹤0.01% |
52,175
-4,663
| -8% | -$232K |
|
4598
State Street Materials Select Sector SPDR ETF
XLB
$8.6B
| $2.59M | ﹤0.01% |
62,456
-363,800
| -85% | -$14.5M |
|
4599
CALL
Arcus Biosciences
RCUS
$3.75B
| $2.59M | ﹤0.01% |
127,400
-56,400
| -31% | -$1.07M |
|
4600
PagerDuty
PD
$918M
| $2.59M | ﹤0.01% |
115,102
+77,895
| +209% | +$2.17M |
|
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.