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 | |
|---|---|---|---|---|---|---|
6701
SunCoke Energy
SXC
$794M
| $970K | ﹤0.01% |
123,264
-29,986
| -20% | -$235K |
|
6702
CALL
Ryan Specialty Holdings
RYAN
$10.7B
| $970K | ﹤0.01% |
21,600
+8,100
| +60% | +$341K |
|
6703
PUT
Teleflex
TFX
$5.81B
| $968K | ﹤0.01% |
4,000
-6,200
| -61% | -$1.55M |
|
|
JBGS
6704
JBG SMITH
JBGS
$672M
| $968K | ﹤0.01% |
64,361
+33,918
| +111% | +$494K |
|
6705
Global X S&P 500 Catholic Values ETF
CATH
$1.36B
| $968K | ﹤0.01% |
17,773
+6,663
| +60% | +$343K |
|
6706
CALL
Home BancShares
HOMB
$6.28B
| $967K | ﹤0.01% |
42,400
+28,700
| +209% | +$626K |
|
6707
PUT
TH International
THCH
$50.9M
| $967K | ﹤0.01% |
67,360
+30,480
| +83% | +$548K |
|
6708
CALL
Herbalife
HLF
$1.29B
| $965K | ﹤0.01% |
72,900
+14,000
| +24% | +$191K |
|
6709
Vanguard Russell 2000 Growth ETF
VTWG
$1.57B
| $965K | ﹤0.01% |
5,466
-13,823
| -72% | -$2.31M |
|
|
MCW
6710
CALL
DELISTED
Mister Car Wash
MCW
| $964K | ﹤0.01% |
99,900
+58,200
| +140% | +$505K |
|
6711
PUT
JFrog
FROG
$11.6B
| $964K | ﹤0.01% |
34,800
-6,300
| -15% | -$144K |
|
6712
PUT
Choice Hotels
CHH
$4.7B
| $964K | ﹤0.01% |
+8,200
| New | +$985K |
|
|
LUCK
6713
Lucky Strike Entertainment
LUCK
$949M
| $963K | ﹤0.01% |
82,753
+40,396
| +95% | +$538K |
|
6714
CALL
WisdomTree US MidCap Dividend Fund
DON
$4.13B
| $963K | ﹤0.01% |
22,900
+12,900
| +129% | +$523K |
|
6715
PUT
Haemonetics
HAE
$4.13B
| $962K | ﹤0.01% |
11,300
+8,600
| +319% | +$727K |
|
6716
CALL
Vericel Corp
VCEL
$2.26B
| $962K | ﹤0.01% |
25,600
| – | – |
|
|
MRSN
6717
DELISTED
Mersana Therapeutics
MRSN
| $962K | ﹤0.01% |
11,693
+722
| +7% | +$106K |
|
6718
Lear
LEA
$8.32B
| $961K | ﹤0.01% |
6,696
-38,905
| -85% | -$5.14M |
|
6719
PUT
Delek Logistics
DKL
$2.87B
| $961K | ﹤0.01% |
17,600
-5,900
| -25% | -$296K |
|
6720
Goldman Sachs JUST US Large Cap Equity ETF
JUST
$580M
| $960K | ﹤0.01% |
15,203
-15,233
| -50% | -$915K |
|
|
PENG
6721
CALL
Penguin Solutions Inc
PENG
$3.27B
| $960K | ﹤0.01% |
33,100
+19,000
| +135% | +$381K |
|
6722
The Bancorp
TBBK
$2.84B
| $960K | ﹤0.01% |
29,404
-1,766
| -6% | -$54.3K |
|
6723
Ashland
ASH
$3.38B
| $960K | ﹤0.01% |
11,045
-3,566
| -24% | -$330K |
|
6724
PUT
Eastern Bankshares
EBC
$5.4B
| $960K | ﹤0.01% |
78,200
+20,600
| +36% | +$244K |
|
6725
Healthcare Realty
HR
$6.6B
| $959K | ﹤0.01% |
50,822
-35,359
| -41% | -$683K |
|
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.