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 | |
|---|---|---|---|---|---|---|
4776
PUT
Ryanair
RYAAY
$30.5B
| $2.37M | ﹤0.01% |
53,500
+37,000
| +224% | +$1.49M |
|
4777
NGL Energy Partners
NGL
$2.24B
| $2.37M | ﹤0.01% |
608,192
+60,341
| +11% | +$195K |
|
4778
CALL
UFP Technologies
UFPT
$2.49B
| $2.36M | ﹤0.01% |
+12,200
| New | +$1.89M |
|
4779
First Trust NASDAQ ABA Community Bank Index Fund
QABA
$94.9M
| $2.36M | ﹤0.01% |
59,780
+37,706
| +171% | +$1.5M |
|
4780
VanEck Pharmaceutical ETF
PPH
$985M
| $2.36M | ﹤0.01% |
30,004
-5,612
| -16% | -$439K |
|
|
EFC
4781
CALL
Ellington Financial
EFC
$1.76B
| $2.36M | ﹤0.01% |
170,900
+76,000
| +80% | +$968K |
|
4782
CALL
WD-40
WDFC
$3.08B
| $2.36M | ﹤0.01% |
12,500
+2,200
| +21% | +$416K |
|
|
SUM
4783
DELISTED
Summit Materials, Inc. Class A Common Stock
SUM
| $2.36M | ﹤0.01% |
62,260
-17,736
| -22% | -$549K |
|
|
HOUS
4784
DELISTED
Anywhere Real Estate
HOUS
| $2.36M | ﹤0.01% |
352,728
+202,866
| +135% | +$1.22M |
|
4785
uniQure
QURE
$3.37B
| $2.36M | ﹤0.01% |
205,602
+91,626
| +80% | +$1.74M |
|
4786
American States Water
AWR
$3.53B
| $2.35M | ﹤0.01% |
27,064
+5,586
| +26% | +$500K |
|
|
SQSP
4787
DELISTED
Squarespace, Inc.
SQSP
| $2.35M | ﹤0.01% |
74,601
-13,379
| -15% | -$404K |
|
4788
Enovis
ENOV
$1.5B
| $2.35M | ﹤0.01% |
+36,690
| New | +$2.09M |
|
4789
PUT
State Street Real Estate Select Sector SPDR ETF
XLRE
$8.71B
| $2.35M | ﹤0.01% |
62,400
-101,700
| -62% | -$3.75M |
|
4790
Green Plains
GPRE
$1.09B
| $2.35M | ﹤0.01% |
72,942
-12,476
| -15% | -$395K |
|
|
SF
4791
CALL
Stifel
SF
$12.9B
| $2.35M | ﹤0.01% |
59,100
-52,650
| -47% | -$2.05M |
|
4792
Casella Waste Systems
CWST
$5.77B
| $2.35M | ﹤0.01% |
25,983
-3,942
| -13% | -$352K |
|
4793
AdvisorShares Pure US Cannabis ETF
MSOS
$930M
| $2.35M | ﹤0.01% |
424,203
-508,532
| -55% | -$2.79M |
|
4794
CALL
TPG
TPG
$8.51B
| $2.35M | ﹤0.01% |
80,300
+17,900
| +29% | +$502K |
|
4795
PUT
Rogers Corp
ROG
$2.55B
| $2.35M | ﹤0.01% |
14,500
-111,600
| -89% | -$17.7M |
|
4796
First Trust Rising Dividend Achievers ETF
RDVY
$25.8B
| $2.35M | ﹤0.01% |
49,838
-70,126
| -58% | -$3.17M |
|
4797
Direxion Daily Healthcare Bull 3X ETF
CURE
$187M
| $2.35M | ﹤0.01% |
23,470
-44,002
| -65% | -$4.38M |
|
|
AVID
4798
DELISTED
Avid Technology Inc
AVID
| $2.35M | ﹤0.01% |
92,036
+71,041
| +338% | +$1.84M |
|
4799
Arcos Dorados Holdings
ARCO
$1.67B
| $2.34M | ﹤0.01% |
228,721
+77,558
| +51% | +$663K |
|
4800
Hayward Holdings
HAYW
$3.22B
| $2.34M | ﹤0.01% |
182,414
-24,563
| -12% | -$283K |
|
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.