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 | |
|---|---|---|---|---|---|---|
6351
Invesco S&P 500 Quality ETF
SPHQ
$20.1B
| $1.13M | ﹤0.01% |
22,359
-6,105
| -21% | -$294K |
|
6352
Howard Hughes
HHH
$3.98B
| $1.13M | ﹤0.01% |
14,984
-96,539
| -87% | -$6.99M |
|
6353
PUT
Churchill Downs
CHDN
$6.33B
| $1.13M | ﹤0.01% |
8,100
+500
| +7% | +$68.4K |
|
|
MRNS
6354
PUT
DELISTED
Marinus Pharmaceuticals, Inc
MRNS
| $1.13M | ﹤0.01% |
103,800
+4,800
| +5% | +$41.1K |
|
6355
Gibraltar Industries
ROCK
$1.42B
| $1.13M | ﹤0.01% |
17,915
-7,786
| -30% | -$421K |
|
6356
Brink's
BCO
$4.71B
| $1.13M | ﹤0.01% |
16,618
-48,652
| -75% | -$3.26M |
|
6357
FT Vest US Equity Deep Buffer ETF April
DAPR
$316M
| $1.13M | ﹤0.01% |
36,666
-13,774
| -27% | -$411K |
|
6358
Sunstone Hotel Investors
SHO
$2.03B
| $1.13M | ﹤0.01% |
111,206
+3,068
| +3% | +$30.6K |
|
6359
iShares ESG Aware MSCI USA Small-Cap ETF
ESML
$2.98B
| $1.13M | ﹤0.01% |
31,680
-28,333
| -47% | -$959K |
|
6360
CALL
Saic
SAIC
$5.36B
| $1.12M | ﹤0.01% |
10,000
+1,800
| +22% | +$187K |
|
6361
Wolverine World Wide
WWW
$1.73B
| $1.12M | ﹤0.01% |
76,457
+20,366
| +36% | +$311K |
|
6362
Chesapeake Utilities
CPK
$3.26B
| $1.12M | ﹤0.01% |
9,438
+1,524
| +19% | +$193K |
|
6363
PUT
Aclaris Therapeutics
ACRS
$851M
| $1.12M | ﹤0.01% |
108,300
-61,700
| -36% | -$558K |
|
6364
PUT
Weatherford International
WFRD
$6.79B
| $1.12M | ﹤0.01% |
16,900
+7,700
| +84% | +$474K |
|
6365
CALL
Fortune Brands Innovations
FBIN
$5.71B
| $1.12M | ﹤0.01% |
15,600
+2,100
| +16% | +$134K |
|
6366
Alpha and Omega Semiconductor
AOSL
$931M
| $1.12M | ﹤0.01% |
34,218
-23,616
| -41% | -$635K |
|
6367
CTS Corp
CTS
$1.81B
| $1.12M | ﹤0.01% |
26,317
+10,651
| +68% | +$468K |
|
6368
CALL
Cars.com
CARS
$663M
| $1.12M | ﹤0.01% |
56,600
-30,000
| -35% | -$564K |
|
6369
Universal Display
OLED
$4.09B
| $1.12M | ﹤0.01% |
7,782
+2,332
| +43% | +$334K |
|
6370
CareTrust REIT
CTRE
$9.16B
| $1.12M | ﹤0.01% |
56,468
+10,427
| +23% | +$204K |
|
6371
ING
ING
$102B
| $1.12M | ﹤0.01% |
83,205
+41,064
| +97% | +$525K |
|
6372
CALL
Gencor Industries
GENC
$264M
| $1.12M | ﹤0.01% |
+71,900
| New | +$1.03M |
|
6373
Titan International
TWI
$445M
| $1.12M | ﹤0.01% |
97,572
+57,174
| +142% | +$606K |
|
6374
PUT
XPEL
XPEL
$1.38B
| $1.12M | ﹤0.01% |
13,300
-18,600
| -58% | -$1.37M |
|
6375
Suburban Propane Partners
SPH
$1.18B
| $1.12M | ﹤0.01% |
75,580
-111,919
| -60% | -$1.69M |
|
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.