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 | |
|---|---|---|---|---|---|---|
|
NNDM
5901
PUT
Nano Dimension
NNDM
$344M
| $1.38M | ﹤0.01% |
477,500
+157,700
| +49% | +$391K |
|
5902
Fidelity MSCI Utilities Index ETF
FUTY
$2.33B
| $1.38M | ﹤0.01% |
32,630
+25,839
| +380% | +$1.12M |
|
5903
VictoryShares US Large Cap High Div Volatility Wtd ETF
CDL
$410M
| $1.38M | ﹤0.01% |
24,377
-6,858
| -22% | -$387K |
|
|
INST
5904
PUT
DELISTED
Instructure Holdings, Inc.
INST
| $1.38M | ﹤0.01% |
+54,800
| New | +$1.37M |
|
5905
PUT
Xenon Pharmaceuticals
XENE
$6.03B
| $1.38M | ﹤0.01% |
+35,800
| New | +$1.42M |
|
5906
CALL
MINISO
MNSO
$3.52B
| $1.38M | ﹤0.01% |
81,100
+60,700
| +298% | +$1.01M |
|
5907
Haemonetics
HAE
$4.13B
| $1.38M | ﹤0.01% |
16,181
-5,712
| -26% | -$483K |
|
5908
Invesco S&P MidCap 400 GARP ETF
GRPM
$509M
| $1.38M | ﹤0.01% |
15,137
+3,901
| +35% | +$337K |
|
5909
PUT
Direxion Daily Gold Miners Index Bear 2X ETF
DUST
$50.4M
| $1.38M | ﹤0.01% |
1,136
-1,379
| -55% | -$1.46M |
|
|
SYNH
5910
PUT
DELISTED
Syneos Health, Inc. Class A Common Stock
SYNH
| $1.37M | ﹤0.01% |
32,600
+900
| +3% | +$36.4K |
|
5911
Vuzix
VUZI
$262M
| $1.37M | ﹤0.01% |
269,332
-20,610
| -7% | -$91.2K |
|
5912
iShares MSCI Saudi Arabia ETF
KSA
$624M
| $1.37M | ﹤0.01% |
33,188
-6,040
| -15% | -$246K |
|
5913
PUT
Banco Santander
SAN
$210B
| $1.37M | ﹤0.01% |
369,700
-608,900
| -62% | -$2.15M |
|
5914
CALL
TriplePoint Venture Growth BDC
TPVG
$221M
| $1.37M | ﹤0.01% |
116,400
-31,500
| -21% | -$356K |
|
|
HIBB
5915
DELISTED
Hibbett, Inc. Common Stock
HIBB
| $1.37M | ﹤0.01% |
37,757
-7,015
| -16% | -$335K |
|
5916
iShares MSCI Chile ETF
ECH
$1.04B
| $1.37M | ﹤0.01% |
+46,942
| New | +$1.36M |
|
5917
AGF US Market Neutral Anti-Beta Fund
BTAL
$298M
| $1.37M | ﹤0.01% |
+73,012
| New | +$1.47M |
|
5918
PUT
Corsair Gaming
CRSR
$1.41B
| $1.37M | ﹤0.01% |
77,200
+15,300
| +25% | +$279K |
|
5919
PUT
Lennox International
LII
$14.6B
| $1.37M | ﹤0.01% |
4,200
+1,300
| +45% | +$367K |
|
5920
CALL
FTI Consulting
FCN
$4.19B
| $1.37M | ﹤0.01% |
7,200
-10,100
| -58% | -$1.91M |
|
5921
Helix Energy Solutions
HLX
$1.54B
| $1.37M | ﹤0.01% |
185,486
-215,510
| -54% | -$1.53M |
|
|
SLI
5922
Standard Lithium
SLI
$587M
| $1.37M | ﹤0.01% |
304,062
+3,363
| +1% | +$13.1K |
|
5923
PUT
BBVA Argentina
BBAR
$3.13B
| $1.37M | ﹤0.01% |
223,200
+81,600
| +58% | +$391K |
|
5924
Vaxcyte
PCVX
$8.64B
| $1.37M | ﹤0.01% |
27,389
-63,216
| -70% | -$3M |
|
5925
CALL
United States 12 Month Oil Fund,
USL
$45.7M
| $1.37M | ﹤0.01% |
41,900
-18,500
| -31% | -$614K |
|
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.