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 | |
|---|---|---|---|---|---|---|
|
MZTI
5801
The Marzetti Company
MZTI
$3.18B
| $1.44M | ﹤0.01% |
7,174
-8,963
| -56% | -$1.82M |
|
|
TERN
5802
DELISTED
Terns Pharmaceuticals
TERN
| $1.44M | ﹤0.01% |
164,851
-163,177
| -50% | -$1.9M |
|
5803
CALL
Clearway Energy Class C
CWEN
$7.01B
| $1.44M | ﹤0.01% |
50,500
-78,500
| -61% | -$2.37M |
|
5804
PUT
Cohu
COHU
$2.81B
| $1.44M | ﹤0.01% |
34,700
+9,500
| +38% | +$351K |
|
5805
LiveRamp
RAMP
$2.3B
| $1.44M | ﹤0.01% |
50,468
-21,054
| -29% | -$522K |
|
5806
CALL
Archer Aviation
ACHR
$5.1B
| $1.44M | ﹤0.01% |
349,700
+95,400
| +38% | +$269K |
|
5807
PUT
Shutterstock
SSTK
$210M
| $1.44M | ﹤0.01% |
29,600
+20,300
| +218% | +$1.16M |
|
5808
CALL
Direxion Daily Healthcare Bull 3X ETF
CURE
$187M
| $1.44M | ﹤0.01% |
14,400
-9,200
| -39% | -$915K |
|
|
VMEO
5809
DELISTED
Vimeo
VMEO
| $1.44M | ﹤0.01% |
349,380
+147,495
| +73% | +$558K |
|
5810
PUT
Bit Digital
BTBT
$566M
| $1.44M | ﹤0.01% |
354,300
+271,400
| +327% | +$702K |
|
5811
Select Water Solutions
WTTR
$2.69B
| $1.44M | ﹤0.01% |
177,587
+14,276
| +9% | +$108K |
|
5812
CALL
ProShares Short Bitcoin Strategy ETF
BITI
$121M
| $1.44M | ﹤0.01% |
15,260
+8,660
| +131% | +$903K |
|
|
SAGE
5813
DELISTED
Sage Therapeutics
SAGE
| $1.44M | ﹤0.01% |
30,565
-110,284
| -78% | -$5.49M |
|
5814
CALL
Century Aluminum
CENX
$4.62B
| $1.44M | ﹤0.01% |
164,800
+9,700
| +6% | +$84.3K |
|
5815
PIMCO RAFI ESG US ETF
RAFE
$170M
| $1.44M | ﹤0.01% |
47,252
+1,710
| +4% | +$49.8K |
|
|
QVCGA
5816
DELISTED
QVC Group Inc Series A
QVCGA
| $1.44M | ﹤0.01% |
29,006
+14,669
| +102% | +$660K |
|
|
PBT
5817
Permian Basin Royalty Trust
PBT
$1.52B
| $1.44M | ﹤0.01% |
57,570
-2,730
| -5% | -$67.4K |
|
5818
PUT
UFP Technologies
UFPT
$2.49B
| $1.43M | ﹤0.01% |
7,400
+5,100
| +222% | +$789K |
|
5819
Bankunited
BKU
$3.44B
| $1.43M | ﹤0.01% |
66,536
+11,789
| +22% | +$243K |
|
|
BLDP
5820
Ballard Power Systems
BLDP
$814M
| $1.43M | ﹤0.01% |
328,863
-187,149
| -36% | -$853K |
|
|
HIBB
5821
CALL
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.43M | ﹤0.01% |
39,500
+18,900
| +92% | +$903K |
|
5822
Life Time Group Holdings
LTH
$10.1B
| $1.43M | ﹤0.01% |
72,835
+34,425
| +90% | +$658K |
|
5823
Gadsden Dynamic Multi-Asset ETF
GDMA
$204M
| $1.43M | ﹤0.01% |
48,641
+15,548
| +47% | +$459K |
|
5824
PUT
FuelCell Energy
FCEL
$1.79B
| $1.43M | ﹤0.01% |
22,083
+1,516
| +7% | +$103K |
|
5825
CALL
Ericsson
ERIC
$33.6B
| $1.43M | ﹤0.01% |
262,400
-54,000
| -17% | -$290K |
|
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.