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 | |
|---|---|---|---|---|---|---|
6026
First Trust Dorsey Wright Dynamic Focus 5 ETF
FVC
$110M
| $1.3M | ﹤0.01% |
38,817
-9,246
| -19% | -$302K |
|
6027
PUT
Vanguard Intermediate-Term Corporate Bond ETF
VCIT
$67.6B
| $1.3M | ﹤0.01% |
16,500
-3,200
| -16% | -$254K |
|
6028
MYR Group
MYRG
$5.21B
| $1.3M | ﹤0.01% |
9,425
-10,454
| -53% | -$1.36M |
|
6029
WBI BullBear Value 3000 ETF
WBIF
$23.6M
| $1.3M | ﹤0.01% |
45,080
+13,919
| +45% | +$373K |
|
6030
Direxion Daily S&P 500 High Beta Bull 3X ETF
HIBL
$94.2M
| $1.3M | ﹤0.01% |
34,213
-11,115
| -25% | -$329K |
|
6031
State Street SPDR Portfolio S&P 400 Mid Cap ETF
SPMD
$19.1B
| $1.3M | ﹤0.01% |
28,397
+9,203
| +48% | +$402K |
|
6032
CubeSmart
CUBE
$9.34B
| $1.3M | ﹤0.01% |
29,179
+11,271
| +63% | +$512K |
|
|
CBAY
6033
DELISTED
Cymabay Therapeutics
CBAY
| $1.3M | ﹤0.01% |
118,966
-1,065,457
| -90% | -$9.92M |
|
|
CANO
6034
DELISTED
Cano Health, Inc.
CANO
| $1.3M | ﹤0.01% |
9,368
+1,670
| +22% | +$214K |
|
|
TE
6035
PUT
T1 Energy
TE
$1.51B
| $1.3M | ﹤0.01% |
139,200
-153,800
| -52% | -$1.16M |
|
6036
CALL
Ocular Therapeutix
OCUL
$2.2B
| $1.3M | ﹤0.01% |
252,200
-8,400
| -3% | -$50K |
|
6037
PUT
Popular Inc
BPOP
$11.3B
| $1.3M | ﹤0.01% |
21,500
+14,400
| +203% | +$849K |
|
6038
PUT
Icon
ICLR
$12.6B
| $1.3M | ﹤0.01% |
5,200
+700
| +16% | +$149K |
|
6039
CALL
Ethan Allen Interiors
ETD
$581M
| $1.3M | ﹤0.01% |
46,000
-25,100
| -35% | -$682K |
|
6040
CALL
Ero Copper
ERO
$3.53B
| $1.3M | ﹤0.01% |
64,300
+10,400
| +19% | +$197K |
|
6041
PUT
OR Royalties Inc
OR
$6.25B
| $1.3M | ﹤0.01% |
84,600
+40,500
| +92% | +$656K |
|
6042
PUT
United Parks & Resorts
PRKS
$2.04B
| $1.3M | ﹤0.01% |
23,200
-55,500
| -71% | -$3.13M |
|
6043
Everspin Technologies
MRAM
$460M
| $1.3M | ﹤0.01% |
141,074
+107,588
| +321% | +$810K |
|
|
ESGR
6044
DELISTED
Enstar Group
ESGR
| $1.3M | ﹤0.01% |
5,315
-3,455
| -39% | -$854K |
|
6045
PUT
Ryder
R
$10.1B
| $1.3M | ﹤0.01% |
15,300
+1,400
| +10% | +$115K |
|
6046
Ameresco
AMRC
$1.48B
| $1.3M | ﹤0.01% |
26,667
-6,451
| -19% | -$291K |
|
6047
Dolby
DLB
$5.84B
| $1.29M | ﹤0.01% |
15,454
+3,445
| +29% | +$288K |
|
|
SQSP
6048
CALL
DELISTED
Squarespace, Inc.
SQSP
| $1.29M | ﹤0.01% |
41,000
-64,500
| -61% | -$1.95M |
|
6049
PUT
Atlanta Braves Holdings Series A
BATRA
$3.68B
| $1.29M | ﹤0.01% |
31,600
-2,300
| -7% | -$88.9K |
|
6050
CNO Financial Group
CNO
$5.11B
| $1.29M | ﹤0.01% |
54,626
+5,268
| +11% | +$117K |
|
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.