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 | |
|---|---|---|---|---|---|---|
5451
BellRing Brands
BRBR
$1.25B
| $1.69M | ﹤0.01% |
46,263
-13,347
| -22% | -$479K |
|
5452
CALL
Patria Investments
PAX
$1.86B
| $1.69M | ﹤0.01% |
118,400
+85,800
| +263% | +$1.28M |
|
5453
PUT
NerdWallet
NRDS
$629M
| $1.69M | ﹤0.01% |
179,700
+63,800
| +55% | +$720K |
|
5454
Conduent
CNDT
$236M
| $1.69M | ﹤0.01% |
497,203
+366,332
| +280% | +$1.2M |
|
5455
Laureate Education
LAUR
$5.18B
| $1.69M | ﹤0.01% |
139,678
-23,608
| -14% | -$283K |
|
|
BLUE
5456
DELISTED
bluebird bio
BLUE
| $1.69M | ﹤0.01% |
25,657
-38,784
| -60% | -$2.84M |
|
5457
VictoryShares US Value Momentum ETF
ULVM
$273M
| $1.69M | ﹤0.01% |
26,301
+2,263
| +9% | +$142K |
|
5458
PUT
U-Haul Holding Co
UHAL
$14.4B
| $1.69M | ﹤0.01% |
30,500
+18,500
| +154% | +$1.09M |
|
5459
iShares Global Utilities ETF
JXI
$308M
| $1.69M | ﹤0.01% |
28,222
+20,497
| +265% | +$1.25M |
|
5460
Insperity
NSP
$1.99B
| $1.69M | ﹤0.01% |
14,181
-10,414
| -42% | -$1.24M |
|
|
MOMO
5461
CALL
Hello Group
MOMO
$850M
| $1.69M | ﹤0.01% |
175,500
-12,800
| -7% | -$112K |
|
5462
FT Vest US Equity Enhance & Moderate Buffer ETF March
XMAR
$155M
| $1.69M | ﹤0.01% |
+53,572
| New | +$1.65M |
|
|
PLL
5463
PUT
DELISTED
Piedmont Lithium
PLL
| $1.69M | ﹤0.01% |
29,200
-55,800
| -66% | -$3.19M |
|
5464
RLJ Lodging Trust
RLJ
$1.67B
| $1.69M | ﹤0.01% |
164,079
-82,347
| -33% | -$855K |
|
5465
First Trust Exchange-Traded Fund VI First Trust Bloomberg Shareholder Yield ETF
SHRY
$16.7M
| $1.68M | ﹤0.01% |
51,953
+41,524
| +398% | +$1.28M |
|
5466
PUT
Casey's General Stores
CASY
$31.3B
| $1.68M | ﹤0.01% |
6,900
-1,000
| -13% | -$227K |
|
5467
Fidelity MSCI Information Technology Index ETF
FTEC
$21.5B
| $1.68M | ﹤0.01% |
12,873
+8,560
| +198% | +$1.02M |
|
5468
PUT
Cognex
CGNX
$11B
| $1.68M | ﹤0.01% |
30,000
+21,800
| +266% | +$1.13M |
|
5469
PUT
Ligand Pharmaceuticals
LGND
$5.87B
| $1.68M | ﹤0.01% |
23,300
+18,000
| +340% | +$1.35M |
|
5470
Allogene Therapeutics
ALLO
$708M
| $1.68M | ﹤0.01% |
337,976
-161,958
| -32% | -$876K |
|
5471
PUT
FIGS
FIGS
$2.44B
| $1.68M | ﹤0.01% |
203,000
-149,700
| -42% | -$1.14M |
|
|
HUYA
5472
Huya Inc
HUYA
$529M
| $1.68M | ﹤0.01% |
468,912
+222,315
| +90% | +$731K |
|
5473
TPG
TPG
$8.51B
| $1.68M | ﹤0.01% |
57,360
-25,362
| -31% | -$712K |
|
5474
CALL
AdaptHealth
AHCO
$775M
| $1.68M | ﹤0.01% |
137,800
-7,000
| -5% | -$78K |
|
5475
WisdomTree True Developed International Fund
DOL
$847M
| $1.67M | ﹤0.01% |
+35,479
| New | +$1.69M |
|
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.