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 | |
|---|---|---|---|---|---|---|
5376
iShares US Tech Breakthrough Multisector ETF
TECB
$498M
| $1.75M | ﹤0.01% |
46,175
+34,288
| +288% | +$1.18M |
|
5377
CALL
Vitesse Energy
VTS
$683M
| $1.75M | ﹤0.01% |
+78,000
| New | +$1.63M |
|
5378
CALL
Dorian LPG
LPG
$2.03B
| $1.75M | ﹤0.01% |
68,100
+24,600
| +57% | +$558K |
|
5379
PUT
Invesco S&P SmallCap 600 Revenue ETF
RWJ
$2.11B
| $1.75M | ﹤0.01% |
46,200
+39,600
| +600% | +$1.45M |
|
5380
CALL
Valmont Industries
VMI
$9.56B
| $1.75M | ﹤0.01% |
6,000
+2,700
| +82% | +$780K |
|
5381
PUT
CubeSmart
CUBE
$9.34B
| $1.75M | ﹤0.01% |
39,100
+34,000
| +667% | +$1.54M |
|
5382
Glacier Bancorp
GBCI
$6.5B
| $1.75M | ﹤0.01% |
56,014
-5,915
| -10% | -$195K |
|
5383
Extreme Networks
EXTR
$3.2B
| $1.74M | ﹤0.01% |
66,970
-42,263
| -39% | -$834K |
|
5384
JPMorgan BetaBuilders Europe ETF
BBEU
$9.52B
| $1.74M | ﹤0.01% |
32,229
-66,717
| -67% | -$3.64M |
|
5385
CALL
Beazer Homes USA
BZH
$872M
| $1.74M | ﹤0.01% |
61,600
-12,700
| -17% | -$259K |
|
5386
NewMarket
NEU
$8.85B
| $1.74M | ﹤0.01% |
4,333
+936
| +28% | +$365K |
|
5387
ProShares UltraPro Russell2000
URTY
$368M
| $1.74M | ﹤0.01% |
41,822
+16,442
| +65% | +$607K |
|
5388
VictoryShares US EQ Income Enhanced Volatility Wtd ETF
CDC
$755M
| $1.74M | ﹤0.01% |
30,230
+16,901
| +127% | +$995K |
|
|
SQSP
5389
PUT
DELISTED
Squarespace, Inc.
SQSP
| $1.74M | ﹤0.01% |
55,200
+2,900
| +6% | +$87.6K |
|
5390
Selective Insurance
SIGI
$5.62B
| $1.74M | ﹤0.01% |
18,130
-8,064
| -31% | -$794K |
|
5391
PUT
Lifecore Biomedical
LFCR
$179M
| $1.74M | ﹤0.01% |
179,800
+159,900
| +804% | +$977K |
|
5392
PUT
LivaNova
LIVN
$4.53B
| $1.74M | ﹤0.01% |
+33,800
| New | +$1.59M |
|
5393
Webster Financial
WBS
$12.8B
| $1.74M | ﹤0.01% |
46,033
-20,922
| -31% | -$772K |
|
|
TGH
5394
PUT
DELISTED
Textainer Group Holdings limited
TGH
| $1.74M | ﹤0.01% |
44,100
-4,500
| -9% | -$164K |
|
5395
PUT
Surgery Partners
SGRY
$1.97B
| $1.74M | ﹤0.01% |
38,600
+17,000
| +79% | +$649K |
|
5396
PUT
Silicon Laboratories
SLAB
$7.29B
| $1.74M | ﹤0.01% |
11,000
-300
| -3% | -$45.3K |
|
5397
PUT
Endava
DAVA
$164M
| $1.73M | ﹤0.01% |
33,500
+26,500
| +379% | +$1.42M |
|
|
CIL
5398
DELISTED
VictoryShares International Volatility Wtd ETF
CIL
| $1.73M | ﹤0.01% |
43,091
+2,786
| +7% | +$112K |
|
5399
Dimensional Emerging Core Equity Market ETF
DFAE
$9.83B
| $1.73M | ﹤0.01% |
73,895
-115,844
| -61% | -$2.68M |
|
5400
CALL
AbCellera Biologics
ABCL
$3.49B
| $1.73M | ﹤0.01% |
268,300
-180,000
| -40% | -$1.23M |
|
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.