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 | |
|---|---|---|---|---|---|---|
5476
Vanguard Morningstar Mid-Cap Value ETF
VOE
$24.6B
| $1.67M | ﹤0.01% |
12,089
+1,881
| +18% | +$251K |
|
5477
ProShares Ultra Real Estate
URE
$60.3M
| $1.67M | ﹤0.01% |
28,802
+20,534
| +248% | +$1.14M |
|
|
LSXMK
5478
CALL
DELISTED
Liberty Media Corporation Series C Liberty SiriusXM Common Stock
LSXMK
| $1.67M | ﹤0.01% |
65,970
-23,625
| -26% | -$528K |
|
|
MDC
5479
DELISTED
M.D.C. Holdings, Inc.
MDC
| $1.67M | ﹤0.01% |
35,754
-123,507
| -78% | -$5.14M |
|
5480
PUT
Brookfield Renewable
BEP
$10.4B
| $1.67M | ﹤0.01% |
56,700
+34,200
| +152% | +$1.05M |
|
5481
BioXcel Therapeutics
BTAI
$36.7M
| $1.67M | ﹤0.01% |
15,687
+11,813
| +305% | +$3.93M |
|
5482
iShares MSCI Mexico ETF
EWW
$1.86B
| $1.67M | ﹤0.01% |
26,883
-2,905
| -10% | -$178K |
|
5483
Advanced Energy
AEIS
$13.2B
| $1.67M | ﹤0.01% |
14,994
-15,071
| -50% | -$1.44M |
|
5484
Genesco
GCO
$391M
| $1.67M | ﹤0.01% |
66,696
+57,888
| +657% | +$1.68M |
|
|
TSE
5485
CALL
DELISTED
Trinseo
TSE
| $1.67M | ﹤0.01% |
131,800
+109,800
| +499% | +$1.77M |
|
|
AY
5486
PUT
DELISTED
Atlantica Sustainable Infrastructure plc Ordinary Shares
AY
| $1.67M | ﹤0.01% |
71,200
+46,600
| +189% | +$1.2M |
|
5487
Schwab US TIPS ETF
SCHP
$16.2B
| $1.67M | ﹤0.01% |
63,624
-37,852
| -37% | -$1M |
|
|
TXNM
5488
TXNM Energy Inc
TXNM
$5.91B
| $1.67M | ﹤0.01% |
36,976
-2,734
| -7% | -$129K |
|
5489
CALL
EVgo
EVGO
$519M
| $1.67M | ﹤0.01% |
416,500
-416,400
| -50% | -$2.12M |
|
5490
CALL
Synaptics
SYNA
$4.25B
| $1.66M | ﹤0.01% |
19,500
+1,700
| +10% | +$148K |
|
5491
CALL
Hexcel
HXL
$7.87B
| $1.66M | ﹤0.01% |
21,900
+18,200
| +492% | +$1.3M |
|
5492
CALL
American Financial Group
AFG
$12.1B
| $1.66M | ﹤0.01% |
14,000
-8,000
| -36% | -$943K |
|
5493
CALL
iShares International Select Dividend ETF
IDV
$8.59B
| $1.66M | ﹤0.01% |
63,100
+13,900
| +28% | +$379K |
|
5494
PUT
Ingersoll Rand
IR
$32.3B
| $1.66M | ﹤0.01% |
25,400
-10,000
| -28% | -$591K |
|
5495
CALL
Schwab U.S Small- Cap ETF
SCHA
$23.7B
| $1.66M | ﹤0.01% |
75,800
+1,200
| +2% | +$25K |
|
5496
PUT
SoundHound AI
SOUN
$3.3B
| $1.66M | ﹤0.01% |
364,400
+137,900
| +61% | +$410K |
|
5497
Enact Holdings
ACT
$6.87B
| $1.66M | ﹤0.01% |
65,970
+18,206
| +38% | +$444K |
|
5498
CALL
State Street SPDR Bloomberg Convertible Securities ETF
CWB
$5.76B
| $1.66M | ﹤0.01% |
23,700
-2,700
| -10% | -$182K |
|
|
TMHC
5499
DELISTED
Taylor Morrison
TMHC
| $1.66M | ﹤0.01% |
33,975
-22,364
| -40% | -$963K |
|
5500
CALL
NOV
NOV
$7.54B
| $1.66M | ﹤0.01% |
103,300
-77,200
| -43% | -$1.26M |
|
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.