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 | |
|---|---|---|---|---|---|---|
5251
Vanguard S&P 500 Growth ETF
VOOG
$27.3B
| $1.86M | ﹤0.01% |
44,010
-50,898
| -54% | -$2.02M |
|
|
FIRY
5252
Firy Inc
FIRY
$156M
| $1.86M | ﹤0.01% |
204,658
+160,758
| +366% | +$1.86M |
|
5253
Symbotic
SYM
$5.55B
| $1.86M | ﹤0.01% |
43,473
+19,275
| +80% | +$633K |
|
5254
Vanguard Short-Term Corporate Bond ETF
VCSH
$45B
| $1.86M | ﹤0.01% |
24,583
-68,227
| -74% | -$5.18M |
|
5255
State Street SPDR S&P Pharmaceuticals ETF
XPH
$518M
| $1.86M | ﹤0.01% |
45,363
+24,447
| +117% | +$1.01M |
|
5256
CALL
Vita Coco
COCO
$3.77B
| $1.86M | ﹤0.01% |
69,200
-20,800
| -23% | -$506K |
|
5257
CALL
Flywire
FLYW
$2.29B
| $1.86M | ﹤0.01% |
59,900
+27,200
| +83% | +$816K |
|
5258
CALL
Viridian Therapeutics
VRDN
$2.5B
| $1.86M | ﹤0.01% |
78,000
+25,900
| +50% | +$664K |
|
5259
CALL
Gerdau
GGB
$9.3B
| $1.85M | ﹤0.01% |
426,150
-150,144
| -26% | -$627K |
|
5260
PUT
Yelp
YELP
$1.34B
| $1.85M | ﹤0.01% |
50,900
+17,900
| +54% | +$577K |
|
|
UCB
5261
United Community Banks
UCB
$4.43B
| $1.85M | ﹤0.01% |
74,154
-12,927
| -15% | -$321K |
|
5262
LivaNova
LIVN
$4.53B
| $1.85M | ﹤0.01% |
36,023
-36,838
| -51% | -$1.73M |
|
5263
Vontier
VNT
$4.44B
| $1.85M | ﹤0.01% |
57,481
+25,413
| +79% | +$733K |
|
5264
BJ's Restaurants
BJRI
$1.45B
| $1.85M | ﹤0.01% |
58,214
+21,083
| +57% | +$642K |
|
5265
CALL
Aurinia Pharmaceuticals
AUPH
$2.06B
| $1.85M | ﹤0.01% |
191,200
-5,900
| -3% | -$61.2K |
|
5266
iShares US Financials ETF
IYF
$4.43B
| $1.85M | ﹤0.01% |
24,798
+1,641
| +7% | +$118K |
|
5267
Lincoln Electric
LECO
$15.6B
| $1.85M | ﹤0.01% |
9,314
+7,095
| +320% | +$1.24M |
|
5268
iShares CMBS ETF
CMBS
$474M
| $1.85M | ﹤0.01% |
40,283
+27,180
| +207% | +$1.26M |
|
5269
Helios Technologies
HLIO
$2.69B
| $1.84M | ﹤0.01% |
27,916
-22,520
| -45% | -$1.33M |
|
5270
PUT
Rayonier Advanced Materials
RYAM
$570M
| $1.84M | ﹤0.01% |
431,000
+352,600
| +450% | +$1.67M |
|
|
ARR
5271
CALL
Armour Residential REIT
ARR
$2.37B
| $1.84M | ﹤0.01% |
69,200
+47,260
| +215% | +$1.2M |
|
5272
Xtrackers Harvest CSI 500 China A-Shares Small Cap ETF
ASHS
$34.9M
| $1.84M | ﹤0.01% |
61,809
-2,132
| -3% | -$67.1K |
|
5273
CALL
NextDecade
NEXT
$1.91B
| $1.84M | ﹤0.01% |
224,400
+133,300
| +146% | +$818K |
|
5274
Dimensional Core Fixed Income ETF
DFCF
$10.9B
| $1.84M | ﹤0.01% |
+44,133
| New | +$1.86M |
|
5275
Toast
TOST
$20.1B
| $1.84M | ﹤0.01% |
81,529
-168,843
| -67% | -$3.37M |
|
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.