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 | |
|---|---|---|---|---|---|---|
5426
Commault Systems
CVLT
$6.1B
| $1.72M | ﹤0.01% |
23,633
+2,769
| +13% | +$180K |
|
5427
SiriusXM
SIRI
$9.59B
| $1.72M | ﹤0.01% |
37,865
-126,169
| -77% | -$4.77M |
|
5428
CALL
iShares US Healthcare Providers ETF
IHF
$1.27B
| $1.71M | ﹤0.01% |
33,500
-21,000
| -39% | -$1.06M |
|
5429
VictoryShares US Multi-Factor Minimum Volatility ETF
VSMV
$159M
| $1.71M | ﹤0.01% |
+42,121
| New | +$1.66M |
|
5430
Pitney Bowes
PBI
$2.25B
| $1.71M | ﹤0.01% |
483,910
+151,100
| +45% | +$524K |
|
|
LKFT
5431
Lakefront Biotherapeutics American Depositary Shares
LKFT
$1.8B
| $1.71M | ﹤0.01% |
42,128
+1,654
| +4% | +$67.5K |
|
5432
CALL
Twist Bioscience
TWST
$7.44B
| $1.71M | ﹤0.01% |
83,700
-51,000
| -38% | -$764K |
|
|
OPRA
5433
Opera Ltd
OPRA
$1.82B
| $1.71M | ﹤0.01% |
+86,081
| New | +$1.23M |
|
5434
PUT
TechnipFMC
FTI
$30.8B
| $1.71M | ﹤0.01% |
102,800
-280,000
| -73% | -$3.95M |
|
5435
Spectral AI
MDAI
$54.1M
| $1.71M | ﹤0.01% |
161,093
-1,140
| -0.7% | -$12.2K |
|
5436
CALL
Popular Inc
BPOP
$11.3B
| $1.71M | ﹤0.01% |
+28,200
| New | +$1.66M |
|
5437
PUT
America's Car Mart
CRMT
$25.7M
| $1.71M | ﹤0.01% |
17,100
-3,400
| -17% | -$295K |
|
|
ONIT
5438
CALL
Onity Group
ONIT
$328M
| $1.71M | ﹤0.01% |
56,900
-5,900
| -9% | -$169K |
|
5439
International Bancshares
IBOC
$4.56B
| $1.71M | ﹤0.01% |
38,580
-20,087
| -34% | -$874K |
|
|
SFIX
5440
Stitch Fix
SFIX
$479M
| $1.7M | ﹤0.01% |
442,643
+87,580
| +25% | +$332K |
|
5441
GATX Corp
GATX
$6.38B
| $1.7M | ﹤0.01% |
13,234
-2,246
| -15% | -$263K |
|
5442
PUT
Matsons
MATX
$6.5B
| $1.7M | ﹤0.01% |
21,900
-16,800
| -43% | -$1.15M |
|
5443
CALL
Oaktree Specialty Lending
OCSL
$1.14B
| $1.7M | ﹤0.01% |
87,600
+23,400
| +36% | +$440K |
|
5444
Coca-Cola Femsa
KOF
$22.9B
| $1.7M | ﹤0.01% |
20,424
+308
| +2% | +$26.4K |
|
5445
CALL
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $1.7M | ﹤0.01% |
13,000
-8,600
| -40% | -$1.02M |
|
5446
CALL
Universal Corp
UVV
$1.11B
| $1.7M | ﹤0.01% |
34,000
-1,000
| -3% | -$52.6K |
|
5447
TIM SA
TIMB
$8.29B
| $1.7M | ﹤0.01% |
111,028
+100,515
| +956% | +$1.42M |
|
5448
First Trust Large Cap Growth AlphaDEX Fund
FTC
$1.4B
| $1.7M | ﹤0.01% |
16,756
+13,003
| +346% | +$1.23M |
|
|
UCTT
5449
PUT
Ultra Clean Holdings
UCTT
$3.85B
| $1.7M | ﹤0.01% |
44,100
+25,200
| +133% | +$811K |
|
5450
Cavco Industries
CVCO
$4.65B
| $1.69M | ﹤0.01% |
5,740
+146
| +3% | +$42K |
|
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.