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 | |
|---|---|---|---|---|---|---|
4951
FlexShares STOXX US ESG Select Index Fund
ESG
$137M
| $2.16M | ﹤0.01% |
20,010
-1,196
| -6% | -$122K |
|
4952
CALL
W.R. Berkley
WRB
$26.2B
| $2.16M | ﹤0.01% |
54,450
+36,450
| +203% | +$1.43M |
|
4953
Constellium
CSTM
$4.01B
| $2.16M | ﹤0.01% |
125,582
+51,626
| +70% | +$792K |
|
4954
American Eagle Outfitters
AEO
$2.71B
| $2.16M | ﹤0.01% |
183,005
+11,843
| +7% | +$148K |
|
4955
Leggett & Platt
LEG
$1.32B
| $2.16M | ﹤0.01% |
72,900
+64,896
| +811% | +$2.04M |
|
4956
Itron
ITRI
$4.45B
| $2.16M | ﹤0.01% |
29,926
-12,007
| -29% | -$759K |
|
4957
PUT
Corebridge Financial
CRBG
$15.4B
| $2.16M | ﹤0.01% |
122,100
+61,900
| +103% | +$1.03M |
|
|
4958
PUT
Itron
ITRI
$4.45B
| $2.16M | ﹤0.01% |
29,900
+12,000
| +67% | +$759K |
|
4959
PUT
Syndax Pharmaceuticals
SNDX
$1.77B
| $2.16M | ﹤0.01% |
+103,000
| New | +$2.14M |
|
4960
CALL
Bumble
BMBL
$358M
| $2.15M | ﹤0.01% |
128,400
-338,400
| -72% | -$5.84M |
|
4961
Clover Health Investments
CLOV
$2.44B
| $2.15M | ﹤0.01% |
2,401,673
+1,021,849
| +74% | +$906K |
|
|
TGNA
4962
DELISTED
TEGNA Inc
TGNA
| $2.15M | ﹤0.01% |
132,627
+7,804
| +6% | +$127K |
|
4963
Valvoline
VVV
$4.36B
| $2.15M | ﹤0.01% |
57,341
-64,585
| -53% | -$2.35M |
|
|
AVDL
4964
DELISTED
Avadel Pharmaceuticals
AVDL
| $2.15M | ﹤0.01% |
130,473
-199,903
| -61% | -$2.6M |
|
4965
CALL
Northeast Community Bancorp
NECB
$372M
| $2.15M | ﹤0.01% |
144,500
-58,400
| -29% | -$788K |
|
4966
Vanguard High Dividend Yield ETF
VYM
$84B
| $2.15M | ﹤0.01% |
20,243
+13,828
| +216% | +$1.45M |
|
4967
PUT
CVB Financial
CVBF
$4.09B
| $2.14M | ﹤0.01% |
161,500
+126,600
| +363% | +$1.75M |
|
4968
CALL
Vanguard Morningstar Mega Cap ETF
MGC
$10.4B
| $2.14M | ﹤0.01% |
13,700
+6,200
| +83% | +$916K |
|
|
NNDM
4969
Nano Dimension
NNDM
$344M
| $2.14M | ﹤0.01% |
740,386
+1,994
| +0.3% | +$4.94K |
|
4970
Vaalco Energy
EGY
$608M
| $2.14M | ﹤0.01% |
568,961
-38,697
| -6% | -$158K |
|
4971
First Trust Nasdaq-100 Select Equal Weight ETF
QQEW
$1.87B
| $2.14M | ﹤0.01% |
20,004
+15,657
| +360% | +$1.58M |
|
4972
CALL
BlueLinx
BXC
$680M
| $2.14M | ﹤0.01% |
22,800
+1,100
| +5% | +$87.9K |
|
4973
CALL
NeoGenomics
NEO
$2.05B
| $2.14M | ﹤0.01% |
133,000
-46,900
| -26% | -$773K |
|
4974
Global X Copper Miners ETF NEW
COPX
$7.98B
| $2.13M | ﹤0.01% |
56,697
+13,629
| +32% | +$524K |
|
4975
JPMorgan US Quality Factor ETF
JQUA
$8.63B
| $2.13M | ﹤0.01% |
48,190
+155
| +0.3% | +$6.52K |
|
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.