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 | |
|---|---|---|---|---|---|---|
4851
PUT
Bio-Techne
TECH
$11.3B
| $2.28M | ﹤0.01% |
27,900
+3,100
| +13% | +$249K |
|
4852
United Bankshares
UBSI
$6.71B
| $2.28M | ﹤0.01% |
76,749
-18,896
| -20% | -$595K |
|
4853
State Street SPDR MSCI USA StrategicFactors ETF
QUS
$1.59B
| $2.27M | ﹤0.01% |
18,483
+14,580
| +374% | +$1.72M |
|
4854
Tredegar Corp
TG
$276M
| $2.27M | ﹤0.01% |
340,523
+327,051
| +2,428% | +$2.59M |
|
4855
CALL
Macerich
MAC
$7.01B
| $2.27M | ﹤0.01% |
201,400
+38,100
| +23% | +$388K |
|
4856
Onto Innovation
ONTO
$20.3B
| $2.27M | ﹤0.01% |
19,485
-15,752
| -45% | -$1.5M |
|
4857
PUT
BellRing Brands
BRBR
$1.25B
| $2.27M | ﹤0.01% |
62,000
-21,700
| -26% | -$778K |
|
|
VRN
4858
PUT
DELISTED
Veren
VRN
| $2.27M | ﹤0.01% |
337,000
-173,800
| -34% | -$1.21M |
|
4859
CALL
Brookfield Asset Management
BAM
$86.7B
| $2.27M | ﹤0.01% |
69,500
+35,000
| +101% | +$1.13M |
|
4860
CALL
Ubiquiti
UI
$34.7B
| $2.27M | ﹤0.01% |
12,900
+5,200
| +68% | +$1.05M |
|
4861
Organogenesis Holdings
ORGO
$230M
| $2.27M | ﹤0.01% |
682,795
-75,051
| -10% | -$222K |
|
4862
Beazer Homes USA
BZH
$872M
| $2.27M | ﹤0.01% |
80,089
+65,860
| +463% | +$1.34M |
|
4863
PUT
Hims & Hers Health
HIMS
$6.57B
| $2.27M | ﹤0.01% |
241,000
+41,000
| +21% | +$406K |
|
4864
e.l.f. Beauty
ELF
$5.4B
| $2.26M | ﹤0.01% |
19,813
-77,942
| -80% | -$7.5M |
|
4865
Cirrus Logic
CRUS
$6.07B
| $2.26M | ﹤0.01% |
+27,927
| New | +$2.31M |
|
4866
iShares US Healthcare Providers ETF
IHF
$1.27B
| $2.26M | ﹤0.01% |
44,200
-171,355
| -79% | -$8.66M |
|
4867
MannKind Corp
MNKD
$1.24B
| $2.26M | ﹤0.01% |
555,513
-311,298
| -36% | -$1.3M |
|
4868
WisdomTree US SmallCap Earnings Fund
EES
$739M
| $2.26M | ﹤0.01% |
50,428
-20,350
| -29% | -$868K |
|
|
IAUF
4869
DELISTED
iShares Gold Strategy ETF
IAUF
| $2.26M | ﹤0.01% |
39,277
+27,795
| +242% | +$1.65M |
|
4870
PUT
Autohome
ATHM
$2.61B
| $2.26M | ﹤0.01% |
77,400
-27,800
| -26% | -$830K |
|
4871
PUT
Workiva
WK
$3.84B
| $2.26M | ﹤0.01% |
22,200
+1,200
| +6% | +$115K |
|
4872
CALL
Kosmos Energy
KOS
$1.51B
| $2.26M | ﹤0.01% |
376,500
-462,800
| -55% | -$3.01M |
|
4873
PUT
BWX Technologies
BWXT
$15.9B
| $2.25M | ﹤0.01% |
31,500
-5,900
| -16% | -$386K |
|
4874
State Street SPDR Portfolio S&P 500 High Dividend ETF
SPYD
$7.79B
| $2.25M | ﹤0.01% |
60,756
+30,947
| +104% | +$1.14M |
|
4875
Levi Strauss
LEVI
$8.68B
| $2.25M | ﹤0.01% |
+156,118
| New | +$2.25M |
|
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.