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 | |
|---|---|---|---|---|---|---|
5926
CALL
Companhia Siderúrgica Nacional
SID
$1.17B
| $1.37M | ﹤0.01% |
527,600
-265,400
| -33% | -$731K |
|
|
DAY
5927
PUT
DELISTED
Dayforce
DAY
| $1.37M | ﹤0.01% |
20,400
-27,200
| -57% | -$1.75M |
|
5928
Frontdoor
FTDR
$5.96B
| $1.37M | ﹤0.01% |
42,824
-271
| -0.6% | -$8.07K |
|
5929
Vanguard US Value Factor ETF
VFVA
$945M
| $1.36M | ﹤0.01% |
13,695
-3,747
| -21% | -$360K |
|
5930
iShares Agency Bond ETF
AGZ
$565M
| $1.36M | ﹤0.01% |
+12,733
| New | +$1.37M |
|
5931
PUT
Bain Capital Specialty
BCSF
$814M
| $1.36M | ﹤0.01% |
100,800
+2,700
| +3% | +$33.4K |
|
|
SASR
5932
DELISTED
Sandy Spring Bancorp Inc
SASR
| $1.36M | ﹤0.01% |
60,019
-47,034
| -44% | -$1.08M |
|
5933
CALL
ProShares Short Russell2000
RWM
$98.9M
| $1.36M | ﹤0.01% |
59,600
+3,300
| +6% | +$79.6K |
|
5934
PUT
NOV
NOV
$7.54B
| $1.36M | ﹤0.01% |
84,700
+21,000
| +33% | +$342K |
|
5935
Direxion Daily Homebuilders & Supplies Bull 3X ETF
NAIL
$581M
| $1.36M | ﹤0.01% |
17,839
+9,972
| +127% | +$552K |
|
5936
SFL Corp
SFL
$1.64B
| $1.36M | ﹤0.01% |
145,523
+55,720
| +62% | +$505K |
|
5937
Avita Medical
RCEL
$243M
| $1.36M | ﹤0.01% |
79,812
-150,265
| -65% | -$2.2M |
|
5938
Outset Medical
OM
$84.8M
| $1.36M | ﹤0.01% |
4,138
-495
| -11% | -$151K |
|
|
MINC
5939
DELISTED
AdvisorShares Newfleet Multi-Sector Income ETF
MINC
| $1.36M | ﹤0.01% |
30,299
+7,984
| +36% | +$359K |
|
5940
CALL
Vanguard Short-Term Treasury ETF
VGSH
$30.2B
| $1.36M | ﹤0.01% |
23,500
-2,900
| -11% | -$169K |
|
5941
PUT
Gulfport Energy Corp
GPOR
$3.01B
| $1.36M | ﹤0.01% |
12,900
+9,700
| +303% | +$899K |
|
5942
PUT
Timken Company
TKR
$9.25B
| $1.35M | ﹤0.01% |
14,800
-8,200
| -36% | -$647K |
|
5943
Invesco Aerospace & Defense ETF
PPA
$8.77B
| $1.35M | ﹤0.01% |
16,020
+4,205
| +36% | +$340K |
|
5944
First Trust Large Cap Value AlphaDEX Fund
FTA
$1.44B
| $1.35M | ﹤0.01% |
20,293
+3,726
| +22% | +$242K |
|
5945
Southwest Gas
SWX
$6.71B
| $1.35M | ﹤0.01% |
21,253
-22,463
| -51% | -$1.33M |
|
5946
CONMED
CNMD
$1.51B
| $1.35M | ﹤0.01% |
9,953
-8,279
| -45% | -$1.01M |
|
5947
CALL
Future Fuel
FF
$245M
| $1.35M | ﹤0.01% |
152,700
+72,500
| +90% | +$606K |
|
5948
PUT
United Natural Foods
UNFI
$2.93B
| $1.35M | ﹤0.01% |
69,100
-36,700
| -35% | -$922K |
|
5949
WisdomTree Managed Futures Strategy Fund
WTMF
$251M
| $1.35M | ﹤0.01% |
+38,610
| New | +$1.32M |
|
5950
Enpro
NPO
$7.27B
| $1.35M | ﹤0.01% |
10,114
-4,858
| -32% | -$516K |
|
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.