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 | |
|---|---|---|---|---|---|---|
|
ORC
5551
CALL
Orchid Island Capital
ORC
$1.32B
| $1.62M | ﹤0.01% |
156,300
-27,400
| -15% | -$283K |
|
5552
Fidelity Nasdaq Composite Index ETF
ONEQ
$10.9B
| $1.62M | ﹤0.01% |
29,899
-46,188
| -61% | -$2.3M |
|
5553
Nabors Industries
NBR
$1.39B
| $1.62M | ﹤0.01% |
17,371
-65,410
| -79% | -$6.65M |
|
5554
Capri Holdings
CPRI
$1.74B
| $1.62M | ﹤0.01% |
45,022
-80,408
| -64% | -$3.19M |
|
|
CVSA
5555
Covista Inc
CVSA
$4.49B
| $1.62M | ﹤0.01% |
47,052
+23,731
| +102% | +$949K |
|
|
PBT
5556
PUT
Permian Basin Royalty Trust
PBT
$1.52B
| $1.62M | ﹤0.01% |
64,800
-41,400
| -39% | -$1.02M |
|
5557
Vroom Inc
VRM
$56.8M
| $1.61M | ﹤0.01% |
14,006
-1,461
| -9% | -$111K |
|
5558
Xponential Fitness
XPOF
$206M
| $1.61M | ﹤0.01% |
93,513
+31,861
| +52% | +$902K |
|
5559
CALL
Ingles Markets
IMKTA
$1.65B
| $1.61M | ﹤0.01% |
19,500
-19,100
| -49% | -$1.64M |
|
5560
PUT
Robert Half
RHI
$4.42B
| $1.61M | ﹤0.01% |
21,400
-200
| -0.9% | -$14.3K |
|
5561
Pinnacle Financial Partners Inc
PNFP
$16.3B
| $1.61M | ﹤0.01% |
28,409
-6,768
| -19% | -$356K |
|
5562
PUT
Under Armour
UAA
$2.3B
| $1.61M | ﹤0.01% |
222,900
-40,200
| -15% | -$323K |
|
|
NAPA
5563
DELISTED
The Duckhorn Portfolio, Inc.
NAPA
| $1.61M | ﹤0.01% |
124,001
+57,532
| +87% | +$816K |
|
5564
Materion
MTRN
$5.9B
| $1.61M | ﹤0.01% |
14,082
+3,657
| +35% | +$397K |
|
5565
Banco Santander
SAN
$210B
| $1.61M | ﹤0.01% |
432,986
-134,627
| -24% | -$476K |
|
5566
PUT
Perrigo
PRGO
$1.81B
| $1.61M | ﹤0.01% |
47,300
-52,200
| -52% | -$1.81M |
|
5567
CALL
Carpenter Technology
CRS
$27B
| $1.61M | ﹤0.01% |
28,600
-3,900
| -12% | -$191K |
|
5568
PUT
National Beverage
FIZZ
$2.93B
| $1.61M | ﹤0.01% |
33,200
-2,700
| -8% | -$136K |
|
5569
Digimarc Corp
DMRC
$169M
| $1.6M | ﹤0.01% |
+54,474
| New | +$1.34M |
|
5570
Invesco CurrencyShares Euro Currency Trust
FXE
$342M
| $1.6M | ﹤0.01% |
15,896
-18,200
| -53% | -$1.83M |
|
5571
iShares Dow Jones US ETF
IYY
$3.09B
| $1.6M | ﹤0.01% |
14,788
+7,550
| +104% | +$772K |
|
5572
Viking Therapeutics
VKTX
$3.87B
| $1.6M | ﹤0.01% |
98,681
-1,244,627
| -93% | -$26.1M |
|
|
BCYC
5573
Bicycle Therapeutics
BCYC
$273M
| $1.6M | ﹤0.01% |
62,664
+18,091
| +41% | +$420K |
|
5574
Louisiana-Pacific
LPX
$5.17B
| $1.6M | ﹤0.01% |
21,321
+975
| +5% | +$60.3K |
|
5575
CALL
Lennox International
LII
$14.6B
| $1.6M | ﹤0.01% |
4,900
+3,200
| +188% | +$904K |
|
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.