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 | |
|---|---|---|---|---|---|---|
|
NEX
5851
PUT
DELISTED
NexTier Oilfield Solutions Inc.
NEX
| $1.41M | ﹤0.01% |
158,200
-12,600
| -7% | -$104K |
|
|
APRN
5852
CALL
DELISTED
Blue Apron Holdings, Inc. Class A Common Stock
APRN
| $1.41M | ﹤0.01% |
242,100
+194,100
| +404% | +$1.31M |
|
5853
ProShares Ultra Russell2000
UWM
$251M
| $1.41M | ﹤0.01% |
41,081
-14,532
| -26% | -$458K |
|
5854
iShares Climate Conscious & Transition MSCI USA ETF
USCL
$2.89B
| $1.41M | ﹤0.01% |
+27,152
| New | +$1.39M |
|
5855
iShares S&P 500 Growth ETF
IVW
$77.6B
| $1.41M | ﹤0.01% |
+20,047
| New | +$1.33M |
|
|
BELFB
5856
Bel Fuse Inc Class B
BELFB
$4.19B
| $1.41M | ﹤0.01% |
24,593
-102,793
| -81% | -$4.7M |
|
5857
CALL
Veeco
VECO
$3.2B
| $1.41M | ﹤0.01% |
+54,900
| New | +$1.21M |
|
5858
Kyndryl
KD
$2.87B
| $1.41M | ﹤0.01% |
106,100
-79,936
| -43% | -$1.08M |
|
5859
First Trust North American Energy Infrastructure Fund
EMLP
$4.19B
| $1.41M | ﹤0.01% |
52,184
+4,973
| +11% | +$134K |
|
|
ESMT
5860
CALL
DELISTED
EngageSmart, Inc.
ESMT
| $1.41M | ﹤0.01% |
+73,800
| New | +$1.31M |
|
5861
CALL
Essential Utilities
WTRG
$11.5B
| $1.41M | ﹤0.01% |
35,300
-27,400
| -44% | -$1.15M |
|
5862
Schwab 1-5 Year Corporate Bond ETF
SCHJ
$849M
| $1.41M | ﹤0.01% |
+59,590
| New | +$1.41M |
|
5863
Acadia Realty Trust
AKR
$2.86B
| $1.41M | ﹤0.01% |
97,864
+29,512
| +43% | +$398K |
|
5864
CALL
RLI Corp
RLI
$5.85B
| $1.41M | ﹤0.01% |
20,600
-3,400
| -14% | -$226K |
|
5865
CVR Energy
CVI
$3.54B
| $1.4M | ﹤0.01% |
46,859
+30,019
| +178% | +$808K |
|
5866
Supernus Pharmaceuticals
SUPN
$2.81B
| $1.4M | ﹤0.01% |
46,673
+1,137
| +2% | +$39.8K |
|
5867
CALL
Protolabs
PRLB
$2.2B
| $1.4M | ﹤0.01% |
40,100
-25,300
| -39% | -$806K |
|
5868
CALL
Archrock
AROC
$6.08B
| $1.4M | ﹤0.01% |
136,700
+56,600
| +71% | +$558K |
|
5869
SkinHealth Systems
SKIN
$86.8M
| $1.4M | ﹤0.01% |
167,384
-73,038
| -30% | -$759K |
|
5870
PUT
TD Synnex
SNX
$20.7B
| $1.4M | ﹤0.01% |
14,900
+3,900
| +35% | +$358K |
|
5871
PUT
Opendoor
OPEN
$3.53B
| $1.4M | ﹤0.01% |
360,013
-126,894
| -26% | -$275K |
|
5872
CALL
Cellebrite
CLBT
$2.79B
| $1.4M | ﹤0.01% |
194,500
-48,000
| -20% | -$280K |
|
5873
Acadia Pharmaceuticals
ACAD
$4.87B
| $1.4M | ﹤0.01% |
58,463
-171,797
| -75% | -$3.82M |
|
5874
PUT
Grupo Aeroportuario Centro Norte
OMAB
$4.99B
| $1.4M | ﹤0.01% |
16,500
+9,500
| +136% | +$820K |
|
5875
Fox Factory Holding Corp
FOXF
$883M
| $1.4M | ﹤0.01% |
12,894
-15,903
| -55% | -$1.63M |
|
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.