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 | |
|---|---|---|---|---|---|---|
5526
PUT
Geron
GERN
$943M
| $1.63M | ﹤0.01% |
508,500
+44,100
| +9% | +$125K |
|
5527
Fidelity MSCI Financials Index ETF
FNCL
$2.43B
| $1.63M | ﹤0.01% |
34,642
-6,724
| -16% | -$305K |
|
|
VPU
5528
Vanguard Utilities ETF
VPU
$8.57B
| $1.63M | ﹤0.01% |
11,464
-16,807
| -59% | -$2.46M |
|
5529
Excelerate Energy
EE
$1.15B
| $1.63M | ﹤0.01% |
80,156
+59,103
| +281% | +$1.23M |
|
|
FORG
5530
PUT
DELISTED
ForgeRock, Inc.
FORG
| $1.63M | ﹤0.01% |
79,300
+60,300
| +317% | +$1.21M |
|
5531
State Street SPDR MSCI ACWI Climate Paris Aligned ETF
NZAC
$199M
| $1.63M | ﹤0.01% |
54,614
+23,483
| +75% | +$675K |
|
5532
CALL
RCI Hospitality Holdings
RICK
$236M
| $1.63M | ﹤0.01% |
21,400
-6,700
| -24% | -$504K |
|
5533
ABM Industries
ABM
$2.82B
| $1.63M | ﹤0.01% |
38,122
-9,136
| -19% | -$396K |
|
|
CSGS
5534
DELISTED
CSG Systems International
CSGS
| $1.63M | ﹤0.01% |
30,828
+14,952
| +94% | +$764K |
|
5535
Penske Automotive Group
PAG
$14.4B
| $1.63M | ﹤0.01% |
9,756
-16,467
| -63% | -$2.39M |
|
5536
Dillards
DDS
$8.76B
| $1.63M | ﹤0.01% |
4,981
+1,454
| +41% | +$445K |
|
5537
CALL
Direxion Daily Mid Cap Bull 3X ETF
MIDU
$81.8M
| $1.62M | ﹤0.01% |
40,100
+11,800
| +42% | +$420K |
|
|
CHX
5538
PUT
DELISTED
ChampionX
CHX
| $1.62M | ﹤0.01% |
52,300
-29,500
| -36% | -$812K |
|
5539
iShares MSCI France ETF
EWQ
$332M
| $1.62M | ﹤0.01% |
42,129
+5,177
| +14% | +$199K |
|
5540
Wyndham Hotels & Resorts
WH
$5.46B
| $1.62M | ﹤0.01% |
23,668
-7,858
| -25% | -$537K |
|
5541
Accel Entertainment
ACEL
$1.01B
| $1.62M | ﹤0.01% |
153,650
+45,333
| +42% | +$426K |
|
5542
Diodes
DIOD
$4.77B
| $1.62M | ﹤0.01% |
17,538
-10,024
| -36% | -$883K |
|
5543
United States Copper Index Fund
CPER
$774M
| $1.62M | ﹤0.01% |
69,913
+47,778
| +216% | +$1.13M |
|
5544
McEwen Inc
MUX
$1.15B
| $1.62M | ﹤0.01% |
225,585
+140,793
| +166% | +$1.14M |
|
|
MRNS
5545
CALL
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $1.62M | ﹤0.01% |
149,300
-65,400
| -30% | -$560K |
|
5546
Fathom Holdings
FTHM
$25.7M
| $1.62M | ﹤0.01% |
+226,968
| New | +$1.27M |
|
5547
PUT
iShares MSCI Chile ETF
ECH
$1.04B
| $1.62M | ﹤0.01% |
55,500
-6,800
| -11% | -$197K |
|
|
EQIN
5548
Columbia U.S. Equity Income ETF
EQIN
$317M
| $1.62M | ﹤0.01% |
+42,790
| New | +$1.59M |
|
5549
Hovnanian Enterprises
HOV
$785M
| $1.62M | ﹤0.01% |
+16,316
| New | +$1.35M |
|
5550
AllianzIM U.S. Equity Buffer20 Apr ETF
APRW
$202M
| $1.62M | ﹤0.01% |
+57,587
| New | +$1.58M |
|
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.