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 | |
|---|---|---|---|---|---|---|
|
DFSV
5701
Dimensional US Small Cap Value ETF
DFSV
$8.48B
| $1.51M | ﹤0.01% |
58,895
-732
| -1% | -$17.9K |
|
5702
FT Vest US Equity Buffer ETF June
FJUN
$1.4B
| $1.51M | ﹤0.01% |
36,519
-7,736
| -17% | -$303K |
|
5703
PUT
Vaxcyte
PCVX
$8.64B
| $1.51M | ﹤0.01% |
30,300
+6,400
| +27% | +$303K |
|
5704
FT Vest US Equity Deep Buffer ETF November
DNOV
$401M
| $1.51M | ﹤0.01% |
+41,649
| New | +$1.45M |
|
5705
PUT
Tandem Diabetes Care
TNDM
$1.58B
| $1.51M | ﹤0.01% |
61,600
+39,900
| +184% | +$1.28M |
|
5706
CALL
Mirion Technologies
MIR
$3.96B
| $1.51M | ﹤0.01% |
178,800
+33,400
| +23% | +$271K |
|
|
BGFV
5707
DELISTED
Big 5 Sporting Goods
BGFV
| $1.51M | ﹤0.01% |
164,858
+144,126
| +695% | +$1.15M |
|
5708
CALL
MDU Resources
MDU
$4.34B
| $1.51M | ﹤0.01% |
130,141
+4,170
| +3% | +$46.9K |
|
5709
PUT
Noodles & Co
NDLS
$107M
| $1.51M | ﹤0.01% |
55,825
+6,500
| +13% | +$212K |
|
5710
JPMorgan US Value Factor ETF
JVAL
$874M
| $1.51M | ﹤0.01% |
+42,297
| New | +$1.44M |
|
5711
PUT
Texas Capital Bancshares
TCBI
$4.39B
| $1.51M | ﹤0.01% |
29,300
+2,900
| +11% | +$145K |
|
5712
Direxion Daily Junior Gold Miners Index Bear 2X ETF
JDST
$19.8M
| $1.51M | ﹤0.01% |
1,065
+899
| +542% | +$1.1M |
|
5713
Corcept Therapeutics
CORT
$12.4B
| $1.51M | ﹤0.01% |
67,786
+16,093
| +31% | +$370K |
|
5714
TFS Financial
TFSL
$4.95B
| $1.51M | ﹤0.01% |
119,940
+52,135
| +77% | +$632K |
|
5715
State Street SPDR S&P Software & Services ETF
XSW
$505M
| $1.51M | ﹤0.01% |
11,296
+5,206
| +85% | +$641K |
|
5716
CALL
O-I Glass
OI
$1.04B
| $1.51M | ﹤0.01% |
70,600
-6,700
| -9% | -$145K |
|
|
SP
5717
PUT
DELISTED
SP Plus Corporation
SP
| $1.51M | ﹤0.01% |
38,500
-18,800
| -33% | -$676K |
|
5718
CALL
Compass Diversified
CODI
$956M
| $1.51M | ﹤0.01% |
69,400
+11,700
| +20% | +$232K |
|
5719
PUT
Uranium Energy
UEC
$5.55B
| $1.5M | ﹤0.01% |
442,400
-406,900
| -48% | -$1.16M |
|
5720
Jabil
JBL
$38B
| $1.5M | ﹤0.01% |
13,935
-10,516
| -43% | -$926K |
|
5721
CALL
Agree Realty
ADC
$9.3B
| $1.5M | ﹤0.01% |
23,000
+1,200
| +6% | +$79.4K |
|
5722
Euronet Worldwide
EEFT
$2.74B
| $1.5M | ﹤0.01% |
12,812
+10,313
| +413% | +$1.15M |
|
5723
ARK Space & Defense Innovation ETF
ARKX
$865M
| $1.5M | ﹤0.01% |
98,899
+50,227
| +103% | +$698K |
|
5724
CALL
TORM
TRMD
$3.08B
| $1.5M | ﹤0.01% |
62,200
-14,700
| -19% | -$409K |
|
5725
CALL
Aclaris Therapeutics
ACRS
$851M
| $1.5M | ﹤0.01% |
144,900
-221,600
| -60% | -$2.01M |
|
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.