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 | |
|---|---|---|---|---|---|---|
|
RAPT
4701
CALL
DELISTED
RAPT Therapeutics
RAPT
| $2.45M | ﹤0.01% |
16,363
-1,550
| -9% | -$241K |
|
4702
PUT
Qiagen
QGEN
$8.87B
| $2.45M | ﹤0.01% |
51,208
-3,772
| -7% | -$182K |
|
4703
CALL
Quanterix
QTRX
$122M
| $2.44M | ﹤0.01% |
108,400
+97,000
| +851% | +$1.73M |
|
4704
CALL
Capital Southwest
CSWC
$1.59B
| $2.44M | ﹤0.01% |
123,900
+72,800
| +142% | +$1.34M |
|
4705
PUT
Eagle Materials
EXP
$6.4B
| $2.44M | ﹤0.01% |
13,100
+4,200
| +47% | +$669K |
|
4706
iShares 0-1 Year Treasury Bond ETF
SHV
$20.6B
| $2.44M | ﹤0.01% |
+22,070
| New | +$2.43M |
|
4707
Black Stone Minerals
BSM
$3.05B
| $2.44M | ﹤0.01% |
152,741
+117,964
| +339% | +$1.89M |
|
4708
RadNet
RDNT
$6.01B
| $2.44M | ﹤0.01% |
74,660
+43,078
| +136% | +$1.25M |
|
4709
Weibo
WB
$1.88B
| $2.44M | ﹤0.01% |
185,757
+76,445
| +70% | +$1.21M |
|
4710
Amplify Junior Silver Miners ETF
SILJ
$3.95B
| $2.43M | ﹤0.01% |
259,434
-291,800
| -53% | -$3.04M |
|
4711
CALL
Sana Biotechnology
SANA
$1.06B
| $2.43M | ﹤0.01% |
+408,200
| New | +$2.35M |
|
4712
Brighthouse Financial
BHF
$3.37B
| $2.43M | ﹤0.01% |
51,373
+7,656
| +18% | +$330K |
|
4713
Essent Group
ESNT
$6.25B
| $2.43M | ﹤0.01% |
51,963
+1,303
| +3% | +$56.7K |
|
4714
Hawaiian Electric Industries
HE
$2.03B
| $2.43M | ﹤0.01% |
67,174
+24,789
| +58% | +$933K |
|
4715
Chemours
CC
$2.39B
| $2.43M | ﹤0.01% |
65,805
+8,633
| +15% | +$264K |
|
4716
PUT
Maravai LifeSciences
MRVI
$849M
| $2.43M | ﹤0.01% |
195,200
+183,500
| +1,568% | +$2.48M |
|
4717
PUT
Prospect Capital
PSEC
$1.15B
| $2.43M | ﹤0.01% |
391,200
+283,100
| +262% | +$1.82M |
|
4718
CALL
ICU Medical
ICUI
$4.58B
| $2.42M | ﹤0.01% |
13,600
+1,100
| +9% | +$202K |
|
4719
PUT
Diodes
DIOD
$4.77B
| $2.42M | ﹤0.01% |
26,200
+20,700
| +376% | +$1.82M |
|
|
DEA
4720
CALL
Easterly Government Properties
DEA
$1.17B
| $2.42M | ﹤0.01% |
66,800
+35,000
| +110% | +$1.23M |
|
4721
Cable One
CABO
$196M
| $2.42M | ﹤0.01% |
3,684
-608
| -14% | -$410K |
|
4722
PUT
Federal Realty Investment Trust
FRT
$10.3B
| $2.42M | ﹤0.01% |
25,000
+4,200
| +20% | +$395K |
|
4723
iShares Core MSCI Pacific ETF
IPAC
$2.78B
| $2.42M | ﹤0.01% |
+42,125
| New | +$2.41M |
|
4724
Main Street Capital
MAIN
$5.5B
| $2.42M | ﹤0.01% |
+60,412
| New | +$2.4M |
|
4725
OptimizeRx
OPRX
$164M
| $2.42M | ﹤0.01% |
169,202
-32,714
| -16% | -$466K |
|
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.