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 | |
|---|---|---|---|---|---|---|
4676
PUT
Customers Bancorp
CUBI
$2.82B
| $2.47M | ﹤0.01% |
81,500
+22,400
| +38% | +$502K |
|
|
CWEN.A
4677
DELISTED
Clearway Energy Class A
CWEN.A
| $2.46M | ﹤0.01% |
91,294
+75,380
| +474% | +$2.18M |
|
4678
International Money Express
IMXI
$441M
| $2.46M | ﹤0.01% |
100,476
-180,716
| -64% | -$4.44M |
|
4679
VanEck Semiconductor ETF
SMH
$72.4B
| $2.46M | ﹤0.01% |
16,179
+11,541
| +249% | +$1.56M |
|
4680
CALL
Surgery Partners
SGRY
$1.97B
| $2.46M | ﹤0.01% |
+54,700
| New | +$2.09M |
|
4681
CALL
Acadia Healthcare
ACHC
$2.87B
| $2.46M | ﹤0.01% |
30,900
+19,400
| +169% | +$1.4M |
|
4682
CALL
Imperial Oil
IMO
$64.5B
| $2.46M | ﹤0.01% |
48,100
+1,000
| +2% | +$49.7K |
|
4683
PUT
Camden Property Trust
CPT
$11.1B
| $2.46M | ﹤0.01% |
22,600
+8,600
| +61% | +$927K |
|
4684
ProPetro Holding
PUMP
$1.49B
| $2.46M | ﹤0.01% |
298,510
+197,247
| +195% | +$1.45M |
|
4685
Star Holdings Shares of Beneficial Interest
STHO
$118M
| $2.46M | ﹤0.01% |
167,618
-16,318
| -9% | -$258K |
|
4686
CALL
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $2.46M | ﹤0.01% |
32,500
+11,900
| +58% | +$904K |
|
4687
iShares Environmentally Aware Real Estate ETF
ERET
$14.1M
| $2.46M | ﹤0.01% |
100,334
-8,655
| -8% | -$213K |
|
4688
Stem
STEM
$61M
| $2.46M | ﹤0.01% |
21,474
-5,018
| -19% | -$498K |
|
4689
PUT
Arch Capital
ACGL
$33.7B
| $2.46M | ﹤0.01% |
32,800
-27,300
| -45% | -$1.97M |
|
4690
Kodiak Sciences
KOD
$2.6B
| $2.45M | ﹤0.01% |
355,550
+298,399
| +522% | +$1.82M |
|
4691
CALL
WEC Energy
WEC
$36B
| $2.45M | ﹤0.01% |
27,800
-10,900
| -28% | -$1.01M |
|
4692
Novavax
NVAX
$1.33B
| $2.45M | ﹤0.01% |
330,001
-228,281
| -41% | -$1.8M |
|
4693
Invesco BulletShares 2026 Corporate Bond ETF
BSCQ
$3.57B
| $2.45M | ﹤0.01% |
+129,387
| New | +$2.47M |
|
4694
Comtech Telecommunications
CMTL
$52.7M
| $2.45M | ﹤0.01% |
268,123
+253,004
| +1,673% | +$2.72M |
|
|
EVBG
4695
PUT
DELISTED
Everbridge, Inc. Common Stock
EVBG
| $2.45M | ﹤0.01% |
91,100
+35,500
| +64% | +$957K |
|
4696
DMC Global
BOOM
$155M
| $2.45M | ﹤0.01% |
137,969
+123,086
| +827% | +$2.23M |
|
4697
Modine Manufacturing
MOD
$11.1B
| $2.45M | ﹤0.01% |
74,159
-6,540
| -8% | -$163K |
|
4698
PUT
UWM Holdings
UWMC
$2.55B
| $2.45M | ﹤0.01% |
437,200
-35,300
| -7% | -$190K |
|
4699
Magnachip Semiconductor
MX
$139M
| $2.45M | ﹤0.01% |
218,990
-53,494
| -20% | -$523K |
|
|
SLCA
4700
PUT
DELISTED
U.S. SILICA HOLDINGS, INC.
SLCA
| $2.45M | ﹤0.01% |
201,800
+72,200
| +56% | +$892K |
|
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.