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 | |
|---|---|---|---|---|---|---|
5501
PUT
Commault Systems
CVLT
$6.1B
| $1.66M | ﹤0.01% |
22,800
+14,600
| +178% | +$949K |
|
5502
iShares US Broker-Dealers & Securities Exchanges ETF
IAI
$1.39B
| $1.65M | ﹤0.01% |
18,233
-27,522
| -60% | -$2.47M |
|
5503
Janus Henderson Small Cap Growth Alpha ETF
JSML
$384M
| $1.65M | ﹤0.01% |
29,136
+16,676
| +134% | +$860K |
|
5504
iShares MSCI Denmark ETF
EDEN
$209M
| $1.65M | ﹤0.01% |
+15,488
| New | +$1.67M |
|
5505
PUT
Crown Holdings
CCK
$12.9B
| $1.65M | ﹤0.01% |
19,000
-18,700
| -50% | -$1.54M |
|
5506
CALL
Liberty Energy
LBRT
$3.59B
| $1.65M | ﹤0.01% |
123,400
+33,300
| +37% | +$431K |
|
|
FIRY
5507
PUT
Firy Inc
FIRY
$156M
| $1.65M | ﹤0.01% |
181,300
+173,745
| +2,300% | +$2.01M |
|
5508
CALL
First Trust NASDAQ Technology Dividend Index Fund
TDIV
$4.43B
| $1.65M | ﹤0.01% |
28,100
-8,900
| -24% | -$485K |
|
5509
Power Integrations
POWI
$3.51B
| $1.65M | ﹤0.01% |
17,411
-7,535
| -30% | -$629K |
|
5510
PUT
Beam Therapeutics
BEAM
$2.76B
| $1.65M | ﹤0.01% |
51,600
-190,700
| -79% | -$6.19M |
|
5511
CALL
Century Communities
CCS
$2.01B
| $1.65M | ﹤0.01% |
21,500
-21,400
| -50% | -$1.43M |
|
5512
PUT
Cheniere Energy
CQP
$33.4B
| $1.65M | ﹤0.01% |
35,700
+8,400
| +31% | +$386K |
|
5513
VictoryShares US Small Cap High Div Volatility Wtd ETF
CSB
$270M
| $1.65M | ﹤0.01% |
32,051
-41,825
| -57% | -$2.11M |
|
5514
iShares MSCI Israel ETF
EIS
$910M
| $1.64M | ﹤0.01% |
+30,698
| New | +$1.66M |
|
5515
PUT
Orion
OEC
$364M
| $1.64M | ﹤0.01% |
77,500
-31,800
| -29% | -$767K |
|
5516
Portillo's
PTLO
$374M
| $1.64M | ﹤0.01% |
72,968
+29,296
| +67% | +$611K |
|
5517
PUT
Antero Midstream
AM
$10.7B
| $1.64M | ﹤0.01% |
141,700
-104,900
| -43% | -$1.11M |
|
5518
PUT
Amphastar Pharmaceuticals
AMPH
$889M
| $1.64M | ﹤0.01% |
28,600
+16,800
| +142% | +$745K |
|
5519
CALL
Sprinklr
CXM
$1.61B
| $1.64M | ﹤0.01% |
118,800
+36,200
| +44% | +$468K |
|
5520
CALL
Zai Lab
ZLAB
$2.91B
| $1.64M | ﹤0.01% |
59,200
+4,000
| +7% | +$131K |
|
|
NEX
5521
CALL
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.64M | ﹤0.01% |
183,500
-49,200
| -21% | -$406K |
|
5522
CALL
Qualys
QLYS
$6.44B
| $1.64M | ﹤0.01% |
12,700
-26,600
| -68% | -$3.27M |
|
5523
PUT
Q2 Holdings
QTWO
$4.04B
| $1.64M | ﹤0.01% |
53,000
+41,100
| +345% | +$1.08M |
|
5524
American Vanguard Corp
AVD
$62.5M
| $1.64M | ﹤0.01% |
91,527
-26,446
| -22% | -$489K |
|
5525
PUT
iShares Gold Trust
IAU
$64.9B
| $1.63M | ﹤0.01% |
44,900
+7,500
| +20% | +$281K |
|
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.