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 | |
|---|---|---|---|---|---|---|
5076
PUT
Buckle
BKE
$2.27B
| $2.04M | ﹤0.01% |
59,000
-29,700
| -33% | -$996K |
|
5077
Boot Barn
BOOT
$4.95B
| $2.04M | ﹤0.01% |
24,070
+8,823
| +58% | +$647K |
|
5078
First Financial Bankshares
FFIN
$5.06B
| $2.04M | ﹤0.01% |
71,433
-19,642
| -22% | -$558K |
|
5079
Invesco FTSE RAFI US 1500 Small-Mid ETF
PRFZ
$2.92B
| $2.03M | ﹤0.01% |
59,210
+51,645
| +683% | +$1.68M |
|
|
NBET
5080
Neuberger Energy Transition & Infrastructure ETF
NBET
$48.9M
| $2.03M | ﹤0.01% |
80,743
-12,196
| -13% | -$298K |
|
|
GOGL
5081
PUT
DELISTED
Golden Ocean Group
GOGL
| $2.03M | ﹤0.01% |
269,500
+174,800
| +185% | +$1.46M |
|
5082
Armstrong World Industries
AWI
$7.7B
| $2.03M | ﹤0.01% |
27,674
-16,934
| -38% | -$1.15M |
|
5083
Cooper-Standard Automotive
CPS
$506M
| $2.03M | ﹤0.01% |
142,461
-24,795
| -15% | -$302K |
|
|
ZIMV
5084
DELISTED
ZimVie
ZIMV
| $2.03M | ﹤0.01% |
180,878
-15,514
| -8% | -$151K |
|
5085
PUT
Lightwave Logic
LWLG
$1.17B
| $2.03M | ﹤0.01% |
291,400
+66,600
| +30% | +$387K |
|
5086
CALL
Robert Half
RHI
$4.42B
| $2.03M | ﹤0.01% |
27,000
+17,100
| +173% | +$1.22M |
|
|
PWSC
5087
DELISTED
PowerSchool Holdings, Inc.
PWSC
| $2.03M | ﹤0.01% |
106,089
-36,145
| -25% | -$691K |
|
5088
ASE Group
ASX
$103B
| $2.03M | ﹤0.01% |
260,606
+88,460
| +51% | +$680K |
|
5089
Viavi Solutions
VIAV
$10.7B
| $2.03M | ﹤0.01% |
179,122
-283,741
| -61% | -$2.78M |
|
5090
Aldeyra Therapeutics
ALDX
$94.1M
| $2.03M | ﹤0.01% |
241,667
-856,501
| -78% | -$8.44M |
|
|
SP
5091
DELISTED
SP Plus Corporation
SP
| $2.03M | ﹤0.01% |
51,827
+8,936
| +21% | +$321K |
|
5092
News Corp Class B
NWS
$17.9B
| $2.03M | ﹤0.01% |
102,722
-68,801
| -40% | -$1.26M |
|
5093
Boise Cascade
BCC
$2.9B
| $2.02M | ﹤0.01% |
22,409
-2,971
| -12% | -$217K |
|
|
SBR
5094
Sabine Royalty Trust
SBR
$1.06B
| $2.02M | ﹤0.01% |
+30,680
| New | +$2.2M |
|
5095
CALL
Prospect Capital
PSEC
$1.15B
| $2.02M | ﹤0.01% |
326,100
-101,200
| -24% | -$651K |
|
5096
iShares Interest Rate Hedged Corporate Bond ETF
LQDH
$540M
| $2.02M | ﹤0.01% |
21,750
-11,882
| -35% | -$1.09M |
|
5097
CALL
Meritage Homes
MTH
$4.76B
| $2.02M | ﹤0.01% |
28,400
-24,400
| -46% | -$1.53M |
|
5098
Vanguard Total Bond Market
BND
$161B
| $2.02M | ﹤0.01% |
+27,779
| New | +$2.03M |
|
5099
PUT
Fulgent Genetics
FLGT
$511M
| $2.02M | ﹤0.01% |
54,500
+6,800
| +14% | +$237K |
|
5100
InvenTrust Properties
IVT
$2.62B
| $2.02M | ﹤0.01% |
87,173
-133,050
| -60% | -$3M |
|
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.