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 | |
|---|---|---|---|---|---|---|
4901
United Parks & Resorts
PRKS
$2.04B
| $2.22M | ﹤0.01% |
39,596
-38,782
| -49% | -$2.19M |
|
4902
Franklin FTSE United Kingdom ETF
FLGB
$925M
| $2.22M | ﹤0.01% |
90,815
+7,488
| +9% | +$186K |
|
4903
CALL
DocGo
DCGO
$65.9M
| $2.22M | ﹤0.01% |
236,600
+154,000
| +186% | +$1.35M |
|
4904
CALL
Pembina Pipeline
PBA
$28.7B
| $2.22M | ﹤0.01% |
70,500
-4,400
| -6% | -$140K |
|
4905
Appian
APPN
$2.54B
| $2.22M | ﹤0.01% |
46,558
-15,693
| -25% | -$661K |
|
4906
PUT
Casella Waste Systems
CWST
$5.77B
| $2.22M | ﹤0.01% |
+24,500
| New | +$2.19M |
|
4907
CALL
Onto Innovation
ONTO
$20.3B
| $2.21M | ﹤0.01% |
19,000
+10,000
| +111% | +$954K |
|
|
DFSU
4908
Dimensional US Sustainability Core 1 ETF
DFSU
$2.37B
| $2.21M | ﹤0.01% |
77,045
+41,803
| +119% | +$1.13M |
|
4909
Editas Medicine
EDIT
$433M
| $2.21M | ﹤0.01% |
268,467
+14,029
| +6% | +$122K |
|
4910
Vericel Corp
VCEL
$2.26B
| $2.21M | ﹤0.01% |
58,804
-25,284
| -30% | -$831K |
|
|
CSF
4911
DELISTED
VictoryShares US Discovery Enhanced Volatility Wtd ETF
CSF
| $2.21M | ﹤0.01% |
42,475
-13,001
| -23% | -$670K |
|
4912
Primoris Services
PRIM
$4.48B
| $2.2M | ﹤0.01% |
72,306
+5,950
| +9% | +$159K |
|
4913
Vanguard World Funds Extended Duration ETF
EDV
$3.45B
| $2.2M | ﹤0.01% |
25,299
-7,427
| -23% | -$648K |
|
4914
First Merchants
FRME
$2.74B
| $2.2M | ﹤0.01% |
77,988
-24,888
| -24% | -$706K |
|
4915
Vanguard Total World Stock ETF
VT
$81.8B
| $2.2M | ﹤0.01% |
22,699
+4,016
| +21% | +$376K |
|
|
EGLE
4916
PUT
DELISTED
Eagle Bulk Shipping Inc.
EGLE
| $2.2M | ﹤0.01% |
45,800
-20,600
| -31% | -$909K |
|
4917
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $2.2M | ﹤0.01% |
100,458
+49,020
| +95% | +$1.02M |
|
4918
State Street SPDR S&P North American Natural Resources ETF
NANR
$814M
| $2.2M | ﹤0.01% |
+42,703
| New | +$2.25M |
|
4919
PUT
Extreme Networks
EXTR
$3.2B
| $2.2M | ﹤0.01% |
+84,400
| New | +$1.67M |
|
4920
CALL
Iovance Biotherapeutics
IOVA
$3.16B
| $2.2M | ﹤0.01% |
311,900
+212,100
| +213% | +$1.52M |
|
4921
Franklin Electric
FELE
$4.68B
| $2.2M | ﹤0.01% |
21,334
-9,256
| -30% | -$869K |
|
|
UCTT
4922
CALL
Ultra Clean Holdings
UCTT
$3.85B
| $2.19M | ﹤0.01% |
57,000
-24,800
| -30% | -$798K |
|
|
IBDO
4923
DELISTED
iShares iBonds Dec 2023 Term Corporate ETF
IBDO
| $2.19M | ﹤0.01% |
+86,673
| New | +$2.18M |
|
4924
CALL
PagerDuty
PD
$918M
| $2.19M | ﹤0.01% |
97,500
-137,700
| -59% | -$3.83M |
|
|
JBTM
4925
JBT Marel
JBTM
$6.23B
| $2.19M | ﹤0.01% |
18,054
-11,455
| -39% | -$1.26M |
|
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.