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 | |
|---|---|---|---|---|---|---|
5151
Dynatrace
DT
$14.2B
| $1.97M | ﹤0.01% |
38,250
-96,650
| -72% | -$4.53M |
|
5152
EPR Properties
EPR
$4.69B
| $1.97M | ﹤0.01% |
+42,035
| New | +$1.77M |
|
|
HIMX
5153
Himax Technologies
HIMX
$2.66B
| $1.97M | ﹤0.01% |
291,415
-56,824
| -16% | -$399K |
|
5154
Applied Optoelectronics
AAOI
$12.7B
| $1.97M | ﹤0.01% |
329,950
+294,591
| +833% | +$773K |
|
5155
AtriCure
ATRC
$2.25B
| $1.97M | ﹤0.01% |
39,839
+19,229
| +93% | +$886K |
|
5156
PUT
Sylvamo
SLVM
$1.53B
| $1.96M | ﹤0.01% |
48,500
+24,700
| +104% | +$1.07M |
|
5157
Huron Consulting
HURN
$2.42B
| $1.96M | ﹤0.01% |
23,095
-8,297
| -26% | -$680K |
|
|
SAFE
5158
PUT
Safehold
SAFE
$1.08B
| $1.96M | ﹤0.01% |
82,600
-12,100
| -13% | -$321K |
|
5159
iShares MSCI ACWI ETF
ACWI
$33.6B
| $1.96M | ﹤0.01% |
20,416
-150,185
| -88% | -$13.9M |
|
5160
CALL
Sprout Social
SPT
$599M
| $1.96M | ﹤0.01% |
42,400
-66,900
| -61% | -$3.18M |
|
5161
Clearwater Paper
CLW
$345M
| $1.96M | ﹤0.01% |
62,480
+28,689
| +85% | +$926K |
|
5162
Chewy
CHWY
$9.18B
| $1.96M | ﹤0.01% |
49,542
-20,560
| -29% | -$716K |
|
5163
Sprinklr
CXM
$1.61B
| $1.95M | ﹤0.01% |
141,330
-933,008
| -87% | -$12.1M |
|
5164
State Street SPDR S&P Oil & Gas Equipment & Services ETF
XES
$399M
| $1.95M | ﹤0.01% |
25,000
-39,565
| -61% | -$2.91M |
|
5165
Invesco BulletShares 2032 Corporate Bond ETF
BSCW
$1.52B
| $1.95M | ﹤0.01% |
+97,119
| New | +$1.97M |
|
5166
ProShares Ultra Energy
DIG
$85.6M
| $1.95M | ﹤0.01% |
55,157
+13,827
| +33% | +$494K |
|
5167
FlexShares Emerging Markets Quality Low Volatility Index Fund
QLVE
$16.8M
| $1.95M | ﹤0.01% |
84,646
+4,994
| +6% | +$114K |
|
5168
CALL
System1
SST
$24.6M
| $1.95M | ﹤0.01% |
43,320
+7,270
| +20% | +$275K |
|
5169
VanEck Short Muni ETF
SMB
$314M
| $1.95M | ﹤0.01% |
115,788
+58,026
| +100% | +$978K |
|
5170
NOV
NOV
$7.54B
| $1.95M | ﹤0.01% |
121,429
+9,229
| +8% | +$150K |
|
|
UNIT
5171
PUT
Uniti Group
UNIT
$2.43B
| $1.94M | ﹤0.01% |
420,600
-2,500
| -0.6% | -$9.4K |
|
5172
United States Gasoline Fund
UGA
$138M
| $1.94M | ﹤0.01% |
+30,970
| New | +$1.86M |
|
5173
PUT
Direxion NASDAQ-100 Equal Weighted Index ETF
QQQE
$1.45B
| $1.94M | ﹤0.01% |
25,200
+9,900
| +65% | +$720K |
|
5174
CALL
Simpson Manufacturing
SSD
$7.94B
| $1.94M | ﹤0.01% |
14,000
+6,400
| +84% | +$787K |
|
5175
Ocular Therapeutix
OCUL
$2.2B
| $1.94M | ﹤0.01% |
375,601
+131,022
| +54% | +$779K |
|
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.