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 | |
|---|---|---|---|---|---|---|
|
AGNT
4826
PUT
AGNT Inc
AGNT
$727M
| $2.31M | ﹤0.01% |
113,800
+88,700
| +353% | +$1.33M |
|
|
CHX
4827
DELISTED
ChampionX
CHX
| $2.31M | ﹤0.01% |
74,346
-76,927
| -51% | -$2.12M |
|
4828
Kinetik
KNTK
$4.3B
| $2.31M | ﹤0.01% |
65,667
+34,858
| +113% | +$1.11M |
|
4829
Invesco S&P 500 Top 50 ETF
XLG
$11B
| $2.31M | ﹤0.01% |
+65,950
| New | +$2.15M |
|
|
WRK
4830
PUT
DELISTED
WestRock Company
WRK
| $2.31M | ﹤0.01% |
79,300
+55,800
| +237% | +$1.62M |
|
4831
Lennox International
LII
$14.6B
| $2.3M | ﹤0.01% |
7,055
+5,336
| +310% | +$1.51M |
|
4832
CALL
OptimizeRx
OPRX
$164M
| $2.3M | ﹤0.01% |
160,800
-1,900
| -1% | -$27.1K |
|
|
OAIA
4833
DELISTED
Teucrium AiLA Long-Short Agriculture Strategy ETF
OAIA
| $2.3M | ﹤0.01% |
98,639
-3,711
| -4% | -$83.1K |
|
4834
Tencent Music
TME
$14.5B
| $2.3M | ﹤0.01% |
311,199
-59,793
| -16% | -$452K |
|
4835
Silicon Laboratories
SLAB
$7.29B
| $2.3M | ﹤0.01% |
14,553
-13,643
| -48% | -$2.06M |
|
4836
PUT
Progress Software
PRGS
$1.79B
| $2.29M | ﹤0.01% |
39,500
+17,000
| +76% | +$966K |
|
4837
PUT
Vanguard Consumer Discretionary ETF
VCR
$6.11B
| $2.29M | ﹤0.01% |
8,100
+5,100
| +170% | +$1.31M |
|
|
PPLI
4838
PUT
People Inc
PPLI
$3.01B
| $2.29M | ﹤0.01% |
44,494
+5,974
| +16% | +$274K |
|
4839
PIMCO 1-5 Year US TIPS Index Exchange-Traded Fund
STPZ
$525M
| $2.29M | ﹤0.01% |
45,560
-44,487
| -49% | -$2.26M |
|
4840
Element Solutions
ESI
$9.46B
| $2.29M | ﹤0.01% |
119,353
+19,549
| +20% | +$359K |
|
4841
PUT
Travere Therapeutics
TVTX
$5.86B
| $2.29M | ﹤0.01% |
149,100
-56,900
| -28% | -$1.04M |
|
4842
CALL
Apple Hospitality REIT
APLE
$3.79B
| $2.29M | ﹤0.01% |
151,500
+35,800
| +31% | +$543K |
|
4843
Marriott Vacations Worldwide
VAC
$4.16B
| $2.29M | ﹤0.01% |
18,639
+13,253
| +246% | +$1.71M |
|
4844
Teekay Tankers
TNK
$2.95B
| $2.29M | ﹤0.01% |
59,827
-98,400
| -62% | -$3.83M |
|
4845
PUT
Mueller Industries
MLI
$14.6B
| $2.29M | ﹤0.01% |
104,800
+40,800
| +64% | +$776K |
|
4846
Hexcel
HXL
$7.87B
| $2.29M | ﹤0.01% |
30,077
+20,860
| +226% | +$1.49M |
|
4847
PUT
Vanguard Morningstar Mega Cap Growth ETF
MGK
$33.9B
| $2.28M | ﹤0.01% |
48,500
+33,000
| +213% | +$1.42M |
|
4848
Pacer US Cash Cows 100 ETF
COWZ
$19.8B
| $2.28M | ﹤0.01% |
47,626
+35,961
| +308% | +$1.67M |
|
|
AZUL
4849
DELISTED
Azul
AZUL
| $2.28M | ﹤0.01% |
+166,483
| New | +$1.51M |
|
4850
KFA Mount Lucas Managed Futures Index Strategy ETF
KMLM
$418M
| $2.28M | ﹤0.01% |
74,768
-37,792
| -34% | -$1.15M |
|
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.