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 | |
|---|---|---|---|---|---|---|
5126
Dycom Industries
DY
$12.6B
| $2M | ﹤0.01% |
17,561
+2,535
| +17% | +$251K |
|
|
BLD
5127
PUT
DELISTED
TopBuild
BLD
| $2M | ﹤0.01% |
7,500
+5,300
| +241% | +$1.17M |
|
|
LSI
5128
PUT
DELISTED
Life Storage, Inc.
LSI
| $1.99M | ﹤0.01% |
15,000
-293,500
| -95% | -$39M |
|
5129
First Trust Dow Jones Internet Index Fund ETF
FDN
$5.38B
| $1.99M | ﹤0.01% |
12,235
-39,721
| -76% | -$5.96M |
|
5130
CALL
Performance Food Group
PFGC
$16.8B
| $1.99M | ﹤0.01% |
33,100
-84,600
| -72% | -$4.98M |
|
|
CUK
5131
CALL
DELISTED
Carnival PLC
CUK
| $1.99M | ﹤0.01% |
117,600
+70,800
| +151% | +$743K |
|
5132
CALL
Magnachip Semiconductor
MX
$139M
| $1.99M | ﹤0.01% |
178,200
-16,400
| -8% | -$160K |
|
5133
GlobalFoundries
GFS
$30B
| $1.99M | ﹤0.01% |
30,840
-49,409
| -62% | -$2.99M |
|
5134
Vista Energy
VIST
$7.56B
| $1.99M | ﹤0.01% |
82,545
-9,031
| -10% | -$196K |
|
5135
PUT
Genco Shipping & Trading
GNK
$1.15B
| $1.99M | ﹤0.01% |
141,900
+8,900
| +7% | +$128K |
|
5136
Invesco S&P Emerging Markets Low Volatility ETF
EELV
$423M
| $1.99M | ﹤0.01% |
84,552
-41,959
| -33% | -$990K |
|
5137
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $1.99M | ﹤0.01% |
25,829
+13,642
| +112% | +$992K |
|
|
ODP
5138
DELISTED
ODP
ODP
| $1.99M | ﹤0.01% |
42,435
+12,330
| +41% | +$529K |
|
5139
Claros Mortgage Trust
CMTG
$257M
| $1.99M | ﹤0.01% |
175,182
+87,541
| +100% | +$983K |
|
5140
G-III Apparel Group
GIII
$1.43B
| $1.98M | ﹤0.01% |
102,976
+8,920
| +9% | +$154K |
|
5141
CALL
Deluxe
DLX
$1.1B
| $1.98M | ﹤0.01% |
113,300
+103,200
| +1,022% | +$1.62M |
|
|
WRK
5142
CALL
DELISTED
WestRock Company
WRK
| $1.98M | ﹤0.01% |
68,000
-92,600
| -58% | -$2.69M |
|
5143
Oxford Industries
OXM
$543M
| $1.98M | ﹤0.01% |
20,079
+6,225
| +45% | +$638K |
|
5144
PUT
Amkor Technology
AMKR
$14.7B
| $1.98M | ﹤0.01% |
66,400
-68,700
| -51% | -$1.67M |
|
|
SPYM
5145
PUT
State Street SPDR Portfolio S&P 500 ETF
SPYM
$169B
| $1.97M | ﹤0.01% |
37,900
-22,700
| -37% | -$1.12M |
|
|
PMT
5146
CALL
PennyMac Mortgage Investment
PMT
$824M
| $1.97M | ﹤0.01% |
146,500
+104,000
| +245% | +$1.27M |
|
5147
Global X NASDAQ 100 Collar 95-110 ETF
QCLR
$3.41M
| $1.97M | ﹤0.01% |
80,573
-6,727
| -8% | -$160K |
|
|
BGFV
5148
CALL
DELISTED
Big 5 Sporting Goods
BGFV
| $1.97M | ﹤0.01% |
215,300
-124,000
| -37% | -$989K |
|
5149
CALL
Algonquin Power & Utilities
AQN
$4.53B
| $1.97M | ﹤0.01% |
238,700
+63,500
| +36% | +$540K |
|
5150
NRC Health Common Stock
NRC
$469M
| $1.97M | ﹤0.01% |
45,256
+25,623
| +131% | +$1.13M |
|
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.