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 | |
|---|---|---|---|---|---|---|
|
PINC
6426
CALL
DELISTED
Premier
PINC
| $1.09M | ﹤0.01% |
39,500
-65,600
| -62% | -$1.87M |
|
6427
J&J Snack Foods
JJSF
$1.67B
| $1.09M | ﹤0.01% |
6,898
+161
| +2% | +$25K |
|
6428
iShares MSCI Hong Kong ETF
EWH
$1.21B
| $1.09M | ﹤0.01% |
56,510
+23,798
| +73% | +$478K |
|
|
XELA
6429
CALL
DELISTED
Exela Technologies, Inc. Common Stock
XELA
| $1.09M | ﹤0.01% |
234,900
+233,993
| +25,799% | +$1.43M |
|
6430
Triumph Financial Inc
TFIN
$1.87B
| $1.09M | ﹤0.01% |
17,987
-8,505
| -32% | -$467K |
|
6431
CALL
RLX Technology
RLX
$2.37B
| $1.09M | ﹤0.01% |
616,800
+28,000
| +5% | +$62.7K |
|
|
TRPA
6432
Hartford AAA CLO ETF
TRPA
$111M
| $1.09M | ﹤0.01% |
28,743
+15,937
| +124% | +$609K |
|
6433
VanEck Oil Refiners ETF
CRAK
$273M
| $1.09M | ﹤0.01% |
36,082
+2,965
| +9% | +$90.7K |
|
|
GOL
6434
PUT
DELISTED
Gol Linhas Aéreas Inteligentes S.A. American Depositary Shares (Each representing Ten Preferred Shares)
GOL
| $1.09M | ﹤0.01% |
199,700
+67,100
| +51% | +$227K |
|
6435
PUT
Benchmark Electronics
BHE
$2.94B
| $1.09M | ﹤0.01% |
+42,200
| New | +$976K |
|
6436
CALL
Direxion Daily MSCI India Bull 2X ETF
INDL
$56.9M
| $1.09M | ﹤0.01% |
22,700
+3,700
| +19% | +$161K |
|
|
OLO
6437
DELISTED
Olo Inc
OLO
| $1.09M | ﹤0.01% |
168,508
-16,114
| -9% | -$116K |
|
6438
CALL
Titan Machinery
TITN
$429M
| $1.09M | ﹤0.01% |
36,900
+5,100
| +16% | +$154K |
|
6439
Yum China
YUMC
$16.3B
| $1.09M | ﹤0.01% |
19,261
-3,418
| -15% | -$206K |
|
6440
Invesco Zacks Mid-Cap ETF
CZA
$193M
| $1.09M | ﹤0.01% |
12,188
+1,517
| +14% | +$131K |
|
|
SJT
6441
PUT
San Juan Basin Royalty Trust
SJT
$131M
| $1.09M | ﹤0.01% |
146,400
-321,200
| -69% | -$2.72M |
|
|
SAFE
6442
CALL
Safehold
SAFE
$1.08B
| $1.09M | ﹤0.01% |
45,800
+22,800
| +99% | +$605K |
|
6443
Invesco Dorsey Wright Emerging Markets Momentum ETF
PIE
$249M
| $1.09M | ﹤0.01% |
57,289
+17,500
| +44% | +$324K |
|
6444
SITE Centers
SITC
$155M
| $1.09M | ﹤0.01% |
105,361
-27,107
| -20% | -$259K |
|
6445
Weave Communications
WEAV
$437M
| $1.09M | ﹤0.01% |
97,765
+69,525
| +246% | +$464K |
|
|
UNVR
6446
CALL
DELISTED
Univar Solutions Inc.
UNVR
| $1.09M | ﹤0.01% |
30,300
-125,900
| -81% | -$4.47M |
|
6447
PUT
IMAX
IMAX
$2.9B
| $1.09M | ﹤0.01% |
63,900
+9,400
| +17% | +$178K |
|
|
OPRA
6448
CALL
Opera Ltd
OPRA
$1.82B
| $1.08M | ﹤0.01% |
54,600
-89,900
| -62% | -$1.28M |
|
6449
LGI Homes
LGIH
$1.39B
| $1.08M | ﹤0.01% |
8,031
-6,280
| -44% | -$753K |
|
6450
CALL
Metallus
MTUS
$904M
| $1.08M | ﹤0.01% |
50,200
+15,000
| +43% | +$272K |
|
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.