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 | |
|---|---|---|---|---|---|---|
|
ICPT
5101
PUT
DELISTED
Intercept Pharmaceuticals, Inc.
ICPT
| $2.02M | ﹤0.01% |
182,300
-109,800
| -38% | -$1.53M |
|
5102
Kelly Services Class A
KELYA
$558M
| $2.01M | ﹤0.01% |
114,224
+89,336
| +359% | +$1.55M |
|
5103
Innoviva
INVA
$1.53B
| $2.01M | ﹤0.01% |
157,996
+106,583
| +207% | +$1.33M |
|
|
MRC
5104
DELISTED
MRC Global
MRC
| $2.01M | ﹤0.01% |
199,702
+16,410
| +9% | +$155K |
|
5105
CALL
Root
ROOT
$797M
| $2.01M | ﹤0.01% |
224,800
+91,200
| +68% | +$504K |
|
5106
Schwab 5-10 Year Corporate Bond ETF
SCHI
$11.5B
| $2.01M | ﹤0.01% |
91,224
+34,524
| +61% | +$765K |
|
5107
Merit Medical Systems
MMSI
$5.42B
| $2.01M | ﹤0.01% |
24,014
-16,617
| -41% | -$1.35M |
|
5108
Amphastar Pharmaceuticals
AMPH
$889M
| $2.01M | ﹤0.01% |
34,937
-7,440
| -18% | -$330K |
|
5109
Belden
BDC
$5.31B
| $2.01M | ﹤0.01% |
20,986
-3,144
| -13% | -$269K |
|
5110
CALL
Sally Beauty Holdings
SBH
$1.54B
| $2.01M | ﹤0.01% |
162,500
-25,600
| -14% | -$325K |
|
5111
PUT
iShares MSCI Global Metals & Mining Producers ETF
PICK
$2.27B
| $2.01M | ﹤0.01% |
49,600
+9,500
| +24% | +$388K |
|
5112
CALL
Advanced Energy
AEIS
$13.2B
| $2.01M | ﹤0.01% |
18,000
-4,100
| -19% | -$391K |
|
5113
CALL
Q2 Holdings
QTWO
$4.04B
| $2.01M | ﹤0.01% |
64,900
+51,200
| +374% | +$1.34M |
|
5114
SandRidge Energy
SD
$520M
| $2M | ﹤0.01% |
131,426
-25,311
| -16% | -$372K |
|
5115
JPMorgan Diversified Return US Mid Cap Equity ETF
JPME
$481M
| $2M | ﹤0.01% |
22,685
-42
| -0.2% | -$3.57K |
|
|
MRTX
5116
CALL
DELISTED
Mirati Therapeutics, Inc. Common Stock
MRTX
| $2M | ﹤0.01% |
55,400
+16,300
| +42% | +$672K |
|
5117
The GEO Group
GEO
$4.11B
| $2M | ﹤0.01% |
279,540
-57,552
| -17% | -$446K |
|
5118
PUT
Clearwater Paper
CLW
$345M
| $2M | ﹤0.01% |
63,900
+42,400
| +197% | +$1.37M |
|
5119
PUT
Schwab US Large-Cap Growth ETF
SCHG
$62.9B
| $2M | ﹤0.01% |
106,800
+68,800
| +181% | +$1.18M |
|
|
AVDX
5120
CALL
DELISTED
AvidXchange
AVDX
| $2M | ﹤0.01% |
192,700
+90,100
| +88% | +$811K |
|
5121
iShares Russell Mid-Cap ETF
IWR
$58.4B
| $2M | ﹤0.01% |
27,380
-2,055
| -7% | -$143K |
|
5122
PUT
HEICO Corp
HEI
$52.4B
| $2M | ﹤0.01% |
11,300
+4,400
| +64% | +$742K |
|
5123
Fulgent Genetics
FLGT
$511M
| $2M | ﹤0.01% |
53,975
-35,503
| -40% | -$1.24M |
|
5124
Universal Corp
UVV
$1.11B
| $2M | ﹤0.01% |
40,010
+18,936
| +90% | +$996K |
|
5125
VictoryShares US Small Mid Cap Value Momentum ETF
USVM
$1.81B
| $2M | ﹤0.01% |
29,913
+5,894
| +25% | +$375K |
|
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.