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 | |
|---|---|---|---|---|---|---|
5626
CALL
Geron
GERN
$943M
| $1.56M | ﹤0.01% |
486,800
-40,700
| -8% | -$116K |
|
5627
Hartford Multifactor Small Cap ETF
ROSC
$62.2M
| $1.56M | ﹤0.01% |
42,155
+18,287
| +77% | +$647K |
|
|
DSEY
5628
DELISTED
Diversey Holdings, Ltd. Ordinary Shares
DSEY
| $1.56M | ﹤0.01% |
186,079
+151,981
| +446% | +$1.26M |
|
5629
PUT
Cerence
CRNC
$407M
| $1.56M | ﹤0.01% |
53,400
-25,000
| -32% | -$685K |
|
5630
PUT
Groupon
GRPN
$875M
| $1.56M | ﹤0.01% |
264,100
+35,300
| +15% | +$156K |
|
5631
ARK Genomic Revolution ETF
ARKG
$1.74B
| $1.56M | ﹤0.01% |
45,784
-40,157
| -47% | -$1.26M |
|
5632
Franklin US Core Dividend Tilt Index ETF
UDIV
$147M
| $1.56M | ﹤0.01% |
45,296
+15,533
| +52% | +$509K |
|
5633
FirstCash
FCFS
$9.31B
| $1.56M | ﹤0.01% |
16,690
+98
| +0.6% | +$9.57K |
|
5634
Vanguard Total Corporate Bond ETF
VTC
$1.71B
| $1.56M | ﹤0.01% |
20,583
+15,952
| +344% | +$1.21M |
|
5635
Invesco S&P MidCap 400 Revenue ETF
RWK
$1.35B
| $1.56M | ﹤0.01% |
16,200
-962
| -6% | -$86.3K |
|
5636
CALL
State Street SPDR S&P Aerospace & Defense ETF
XAR
$6.72B
| $1.56M | ﹤0.01% |
12,800
+400
| +3% | +$46.5K |
|
5637
Global X S&P 500 Collar 95-110 ETF
XCLR
$3.69M
| $1.56M | ﹤0.01% |
60,165
-25,532
| -30% | -$644K |
|
5638
Barclays
BCS
$94.7B
| $1.55M | ﹤0.01% |
+197,720
| New | +$1.53M |
|
5639
ProShares UltraShort Silver
ZSL
$58M
| $1.55M | ﹤0.01% |
+1,888
| New | +$1.39M |
|
|
NVRO
5640
PUT
DELISTED
NEVRO CORP.
NVRO
| $1.55M | ﹤0.01% |
61,100
+37,200
| +156% | +$1.07M |
|
|
PENG
5641
Penguin Solutions Inc
PENG
$3.27B
| $1.55M | ﹤0.01% |
53,521
+12,060
| +29% | +$242K |
|
5642
CALL
St. Joe Company
JOE
$3.89B
| $1.55M | ﹤0.01% |
32,100
+5,500
| +21% | +$240K |
|
5643
Stride
LRN
$3.46B
| $1.55M | ﹤0.01% |
41,658
+24,178
| +138% | +$967K |
|
5644
PUT
eHealth
EHTH
$39.1M
| $1.55M | ﹤0.01% |
192,800
+78,300
| +68% | +$626K |
|
5645
Dave & Buster's
PLAY
$354M
| $1.55M | ﹤0.01% |
34,750
-82,820
| -70% | -$3.03M |
|
|
LICY
5646
CALL
DELISTED
Li-Cycle Holdings Corp.
LICY
| $1.55M | ﹤0.01% |
34,875
+9,512
| +38% | +$389K |
|
5647
CALL
iShares MSCI Chile ETF
ECH
$1.04B
| $1.55M | ﹤0.01% |
53,000
+31,400
| +145% | +$910K |
|
5648
CALL
Talos Energy
TALO
$2.63B
| $1.55M | ﹤0.01% |
111,500
+84,400
| +311% | +$1.14M |
|
5649
AllianceBernstein
AB
$3.41B
| $1.55M | ﹤0.01% |
+48,077
| New | +$1.65M |
|
5650
CALL
CarGurus
CARG
$3.33B
| $1.54M | ﹤0.01% |
68,200
-986,400
| -94% | -$18.7M |
|
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.