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 | |
|---|---|---|---|---|---|---|
|
HI
6401
DELISTED
Hillenbrand
HI
| $1.11M | ﹤0.01% |
21,568
-21,622
| -50% | -$1.04M |
|
6402
PUT
Visteon
VC
$2.89B
| $1.11M | ﹤0.01% |
7,700
+4,600
| +148% | +$656K |
|
6403
CALL
CAVA Group
CAVA
$8.69B
| $1.11M | ﹤0.01% |
+27,000
| New | +$1.11M |
|
6404
CALL
Amplitude
AMPL
$1.63B
| $1.11M | ﹤0.01% |
100,500
-40,300
| -29% | -$434K |
|
6405
Cedar Fair
FUN
$1.68B
| $1.1M | ﹤0.01% |
27,642
+4,761
| +21% | +$203K |
|
6406
Lazard
LAZ
$4.35B
| $1.1M | ﹤0.01% |
34,504
-136,021
| -80% | -$4.2M |
|
6407
NMI Holdings
NMIH
$3.44B
| $1.1M | ﹤0.01% |
42,754
-183
| -0.4% | -$4.43K |
|
6408
CALL
Editas Medicine
EDIT
$433M
| $1.1M | ﹤0.01% |
134,100
+54,100
| +68% | +$471K |
|
6409
John Hancock Corporate Bond ETF
JHCB
$111M
| $1.1M | ﹤0.01% |
52,832
| – | – |
|
6410
Rayonier
RYN
$6.49B
| $1.1M | ﹤0.01% |
38,728
+28,399
| +275% | +$792K |
|
|
QVMT
6411
Invesco S&P 500 Concentrated QVM ETF
QVMT
$139M
| $1.1M | ﹤0.01% |
27,021
+5,278
| +24% | +$209K |
|
6412
CALL
Arcutis Biotherapeutics
ARQT
$3.29B
| $1.1M | ﹤0.01% |
115,300
+87,900
| +321% | +$976K |
|
6413
CALL
Cabaletta Bio
CABA
$466M
| $1.1M | ﹤0.01% |
85,100
+50,200
| +144% | +$545K |
|
6414
PUT
Quanterix
QTRX
$122M
| $1.1M | ﹤0.01% |
48,600
+38,400
| +376% | +$684K |
|
6415
Schneider National
SNDR
$6.33B
| $1.1M | ﹤0.01% |
38,154
+19,795
| +108% | +$527K |
|
6416
RXO
RXO
$3.88B
| $1.1M | ﹤0.01% |
48,315
+31,858
| +194% | +$642K |
|
|
UDMY
6417
DELISTED
Udemy
UDMY
| $1.1M | ﹤0.01% |
102,078
-79,206
| -44% | -$755K |
|
6418
Invesco Senior Loan ETF
BKLN
$6.76B
| $1.1M | ﹤0.01% |
+52,051
| New | +$1.08M |
|
6419
CALL
Vanguard Communication Services ETF
VOX
$5.9B
| $1.09M | ﹤0.01% |
10,300
-4,600
| -31% | -$461K |
|
6420
Direxion Daily Transportation Bull 3X ETF
TPOR
$21.2M
| $1.09M | ﹤0.01% |
35,322
+10,606
| +43% | +$261K |
|
6421
Aurora
AUR
$13.7B
| $1.09M | ﹤0.01% |
372,328
+176,508
| +90% | +$296K |
|
6422
CALL
Revolution Medicines
RVMD
$43.7B
| $1.09M | ﹤0.01% |
40,900
-4,600
| -10% | -$113K |
|
6423
CALL
Vanguard Long-Term Bond ETF
BLV
$5.7B
| $1.09M | ﹤0.01% |
14,600
+600
| +4% | +$45K |
|
6424
Manulife Financial
MFC
$73.8B
| $1.09M | ﹤0.01% |
+57,800
| New | +$1.1M |
|
6425
CALL
Cytokinetics
CYTK
$10.3B
| $1.09M | ﹤0.01% |
33,500
-30,900
| -48% | -$1.14M |
|
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.