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 | |
|---|---|---|---|---|---|---|
5226
Tanger
SKT
$4.42B
| $1.88M | ﹤0.01% |
85,342
+40,361
| +90% | +$809K |
|
5227
Stock Yards Bancorp
SYBT
$2.64B
| $1.88M | ﹤0.01% |
41,513
+3,720
| +10% | +$174K |
|
5228
CALL
TC Energy
TRP
$66.7B
| $1.88M | ﹤0.01% |
46,600
+20,700
| +80% | +$845K |
|
5229
Schwab Fundamental US Small Company Index ETF
FNDA
$9.45B
| $1.88M | ﹤0.01% |
74,608
+8,650
| +13% | +$208K |
|
|
HIMX
5230
CALL
Himax Technologies
HIMX
$2.66B
| $1.88M | ﹤0.01% |
278,800
-7,100
| -2% | -$49.8K |
|
5231
Live Oak Bancshares
LOB
$2B
| $1.88M | ﹤0.01% |
71,510
+437
| +0.6% | +$10.3K |
|
5232
PUT
BioXcel Therapeutics
BTAI
$36.7M
| $1.88M | ﹤0.01% |
17,650
+15,650
| +783% | +$5.21M |
|
5233
CALL
Digital Turbine
APPS
$1.51B
| $1.88M | ﹤0.01% |
202,600
-143,300
| -41% | -$1.58M |
|
5234
SoundHound AI
SOUN
$3.3B
| $1.88M | ﹤0.01% |
413,031
-1,560,761
| -79% | -$4.64M |
|
|
AMWD
5235
PUT
DELISTED
American Woodmark
AMWD
| $1.88M | ﹤0.01% |
24,600
+8,900
| +57% | +$517K |
|
5236
PUT
iShares Global Timber & Forestry ETF
WOOD
$269M
| $1.88M | ﹤0.01% |
26,200
+16,600
| +173% | +$1.19M |
|
5237
CALL
Ryman Hospitality Properties
RHP
$7.92B
| $1.88M | ﹤0.01% |
20,200
+15,500
| +330% | +$1.43M |
|
5238
LCI Industries
LCII
$2.58B
| $1.88M | ﹤0.01% |
14,851
+4,228
| +40% | +$484K |
|
|
VRNT
5239
DELISTED
Verint Systems
VRNT
| $1.88M | ﹤0.01% |
53,505
-53,086
| -50% | -$1.91M |
|
5240
PUT
State Street SPDR S&P Dividend ETF
SDY
$22.2B
| $1.88M | ﹤0.01% |
15,300
+5,200
| +51% | +$635K |
|
5241
First Trust Managed Futures Strategy Fund
FMF
$259M
| $1.87M | ﹤0.01% |
39,200
+32,086
| +451% | +$1.54M |
|
5242
Innovator Growth-100 Power Buffer ETF October
NOCT
$230M
| $1.87M | ﹤0.01% |
45,004
+7,851
| +21% | +$316K |
|
5243
PUT
Zai Lab
ZLAB
$2.91B
| $1.87M | ﹤0.01% |
67,500
-7,800
| -10% | -$255K |
|
5244
CALL
Tradr TSLA Bear Daily ETF
TSLQ
$98.6M
| $1.87M | ﹤0.01% |
3,211
+244
| +8% | +$196K |
|
5245
Crown Holdings
CCK
$12.9B
| $1.87M | ﹤0.01% |
21,511
-62,589
| -74% | -$5.15M |
|
5246
Sphere Entertainment
SPHR
$6.03B
| $1.87M | ﹤0.01% |
68,222
+4,161
| +6% | +$138K |
|
5247
iShares US Healthcare ETF
IYH
$3.75B
| $1.87M | ﹤0.01% |
33,335
-20,815
| -38% | -$1.16M |
|
5248
Schwab 1000 Index ETF
SCHK
$5.96B
| $1.87M | ﹤0.01% |
87,316
+76,714
| +724% | +$1.55M |
|
5249
Acushnet Holdings
GOLF
$5.26B
| $1.87M | ﹤0.01% |
34,131
-37,108
| -52% | -$1.83M |
|
5250
PUT
Invesco
IVZ
$14.4B
| $1.86M | ﹤0.01% |
110,900
-36,500
| -25% | -$587K |
|
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.