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 | |
|---|---|---|---|---|---|---|
5201
PUT
Patrick Industries
PATK
$2.76B
| $1.9M | ﹤0.01% |
35,700
| – | – |
|
5202
ICF International
ICFI
$1.59B
| $1.9M | ﹤0.01% |
15,300
-14,506
| -49% | -$1.67M |
|
5203
CALL
Wintrust Financial
WTFC
$11B
| $1.9M | ﹤0.01% |
26,200
+14,600
| +126% | +$996K |
|
|
UDEC
5204
Innovator US Equity Ultra Buffer ETF December
UDEC
$250M
| $1.9M | ﹤0.01% |
+62,972
| New | +$1.83M |
|
|
CUTR
5205
DELISTED
Cutera, Inc.
CUTR
| $1.9M | ﹤0.01% |
125,637
+71,642
| +133% | +$1.36M |
|
5206
Arlo Technologies
ARLO
$1.54B
| $1.9M | ﹤0.01% |
174,176
-13,376
| -7% | -$109K |
|
|
OAIB
5207
DELISTED
Teucrium AiLA Long/Short Base Metals Strategy ETF
OAIB
| $1.9M | ﹤0.01% |
+73,396
| New | +$1.88M |
|
5208
PUT
Manhattan Associates
MANH
$11.5B
| $1.9M | ﹤0.01% |
9,500
-8,100
| -46% | -$1.41M |
|
5209
PUT
Boise Cascade
BCC
$2.9B
| $1.9M | ﹤0.01% |
21,000
-11,800
| -36% | -$861K |
|
5210
Aaon
AAON
$7.24B
| $1.9M | ﹤0.01% |
30,009
-20,811
| -41% | -$1.32M |
|
5211
California Resources
CRC
$4.73B
| $1.9M | ﹤0.01% |
41,856
-107,608
| -72% | -$4.37M |
|
|
CCRN
5212
CALL
DELISTED
Cross Country Healthcare
CCRN
| $1.9M | ﹤0.01% |
67,500
+24,400
| +57% | +$606K |
|
5213
CALL
LCI Industries
LCII
$2.58B
| $1.9M | ﹤0.01% |
15,000
+900
| +6% | +$103K |
|
5214
Bright Horizons
BFAM
$3.75B
| $1.89M | ﹤0.01% |
20,495
-22,564
| -52% | -$1.91M |
|
|
DO
5215
DELISTED
Diamond Offshore Drilling, Inc.
DO
| $1.89M | ﹤0.01% |
133,056
+70,254
| +112% | +$832K |
|
5216
Schwab Fundamental US Large Company Index ETF
FNDX
$27.6B
| $1.89M | ﹤0.01% |
98,556
-72,564
| -42% | -$1.34M |
|
5217
CALL
Freedom Holding
FRHC
$9.34B
| $1.89M | ﹤0.01% |
+23,400
| New | +$1.84M |
|
5218
PUT
CarGurus
CARG
$3.33B
| $1.89M | ﹤0.01% |
83,500
+8,300
| +11% | +$157K |
|
5219
First Trust Consumer Discretionary AlphaDEX Fund
FXD
$273M
| $1.89M | ﹤0.01% |
34,216
-4,375
| -11% | -$227K |
|
|
HUT
5220
CALL
Hut 8
HUT
$10.5B
| $1.89M | ﹤0.01% |
114,380
+45,760
| +67% | +$469K |
|
5221
PUT
Ardmore Shipping
ASC
$719M
| $1.89M | ﹤0.01% |
152,800
-111,300
| -42% | -$1.48M |
|
5222
Spectrum Brands
SPB
$2.07B
| $1.89M | ﹤0.01% |
24,176
+19,181
| +384% | +$1.37M |
|
5223
PUT
Sixth Street Specialty
TSLX
$1.78B
| $1.89M | ﹤0.01% |
100,900
+42,300
| +72% | +$771K |
|
5224
MACOM Technology Solutions
MTSI
$24.2B
| $1.89M | ﹤0.01% |
28,776
+3,575
| +14% | +$217K |
|
5225
PUT
Costamare
CMRE
$1.77B
| $1.88M | ﹤0.01% |
194,900
-168,000
| -46% | -$1.51M |
|
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.