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 | |
|---|---|---|---|---|---|---|
4976
CALL
Axos Financial
AX
$5.8B
| $2.13M | ﹤0.01% |
54,100
+28,100
| +108% | +$1.09M |
|
4977
Energizer
ENR
$1.56B
| $2.13M | ﹤0.01% |
63,485
-25,927
| -29% | -$866K |
|
4978
Horizon Kinetics Inflation Beneficiaries ETF
INFL
$1.55B
| $2.13M | ﹤0.01% |
69,671
+62,347
| +851% | +$1.91M |
|
4979
First Trust Small Cap Value AlphaDEX Fund
FYT
$202M
| $2.13M | ﹤0.01% |
46,211
+23,617
| +105% | +$1.05M |
|
4980
Progress Software
PRGS
$1.79B
| $2.13M | ﹤0.01% |
36,627
+12,843
| +54% | +$730K |
|
4981
ADT
ADT
$5.47B
| $2.13M | ﹤0.01% |
352,808
+326,452
| +1,239% | +$2.04M |
|
4982
PUT
iShares US Healthcare Providers ETF
IHF
$1.27B
| $2.12M | ﹤0.01% |
41,500
-15,000
| -27% | -$758K |
|
4983
CALL
American Vanguard Corp
AVD
$62.5M
| $2.12M | ﹤0.01% |
118,800
+91,600
| +337% | +$1.69M |
|
|
THS
4984
DELISTED
Treehouse Foods
THS
| $2.12M | ﹤0.01% |
42,134
+11,574
| +38% | +$593K |
|
|
AAN
4985
DELISTED
The Aaron's Company Inc
AAN
| $2.12M | ﹤0.01% |
150,044
+18,557
| +14% | +$229K |
|
4986
CALL
HealthEquity
HQY
$8.76B
| $2.12M | ﹤0.01% |
33,600
+4,700
| +16% | +$273K |
|
4987
SPS Commerce
SPSC
$2.86B
| $2.12M | ﹤0.01% |
11,043
-9,544
| -46% | -$1.54M |
|
|
MODN
4988
DELISTED
MODEL N, INC.
MODN
| $2.12M | ﹤0.01% |
59,978
+15,076
| +34% | +$485K |
|
4989
CALL
Bread Financial
BFH
$4.58B
| $2.12M | ﹤0.01% |
67,500
-66,000
| -49% | -$1.9M |
|
4990
Toro Company
TTC
$9.37B
| $2.12M | ﹤0.01% |
20,842
-29,754
| -59% | -$3.05M |
|
4991
Emergent Biosolutions
EBS
$235M
| $2.12M | ﹤0.01% |
288,013
-266,925
| -48% | -$2.48M |
|
4992
CALL
Tenable Holdings
TENB
$4.22B
| $2.12M | ﹤0.01% |
48,600
+500
| +1% | +$20.4K |
|
4993
CALL
SFL Corp
SFL
$1.64B
| $2.12M | ﹤0.01% |
226,800
-183,700
| -45% | -$1.66M |
|
4994
PUT
InterDigital
IDCC
$8.87B
| $2.11M | ﹤0.01% |
21,900
+6,200
| +39% | +$502K |
|
4995
JPMorgan ActiveBuilders Emerging Markets Equity ETF
JEMA
$1.69B
| $2.11M | ﹤0.01% |
57,998
+25,451
| +78% | +$915K |
|
4996
CALL
Invesco S&P 500 Low Volatility ETF
SPLV
$7.23B
| $2.11M | ﹤0.01% |
33,600
-12,100
| -26% | -$758K |
|
4997
John B. Sanfilippo & Son
JBSS
$1.01B
| $2.11M | ﹤0.01% |
17,978
+2,877
| +19% | +$323K |
|
4998
Vistra
VST
$49.7B
| $2.11M | ﹤0.01% |
+80,271
| New | +$1.96M |
|
|
PCH
4999
DELISTED
PotlatchDeltic
PCH
| $2.11M | ﹤0.01% |
39,858
-578
| -1% | -$27.8K |
|
|
LNW
5000
PUT
DELISTED
Light & Wonder
LNW
| $2.1M | ﹤0.01% |
30,600
-3,000
| -9% | -$186K |
|
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.